��1 5��74�
<br /> sa��sfact�on, pro�i�ed that such�nspec��an sha��be unde�rtaken promptly. Lender may pa� far the repairs
<br /> and restora�ion in a sir��l�disburs�men�or�n a se�rzes of pragress payments as the w�rk is campl�ted.
<br /> Un�ess an ag�reement i�made xn�v�r���ng o�App��cable Law requires in�erest�a be paid on such
<br /> Mzs�el�aneous P�ro�eeds, Lender sha��no�be r��ui�ed ta pay Barrower any interes�or earnings on such
<br /> Mzsce��aneous Proceeds. �f the restora�ia��or repair�s no�e�ona�nicall� fea�ible ar L�nder's se�urity wou�d
<br /> b�le�sened, the Mis�e��aneaus Froceeds sha��be appli�d�o the sums secured by this SeCurit�Instrument,
<br /> whe�her or not then due, wi�h�he exce�s, if an�, paid ta Borrower. Such Miscellaneous Proce�ds sha��be
<br /> appx�ed�n the ar�.er pravided for in Section 2.
<br /> �n the e�ent of a to�a��aking, destructian, ar�ass �n va�ue of�he Prap�r�y, �he Mis�e�lan�ous Praceeds shali
<br /> be applied to th�sums secured by�his Security�nstrument, whether or no�then due, v�ith the excess, �f any,
<br /> paid t� Borrow�r.
<br /> In th�even�of a partia� �ak�ng, destructinn, �r lass in value of the Pr�per�y in which th�fa�r market�alue of
<br /> �he Prop�rty imrnediate�y befare th�part�al tak�ng, destruction, or�oss in value is equa���ar greater than the
<br /> amaunt of the sums secured by this Se�ur�ty�nstrument immed�a�eiy befare th�part�a� taking, destruction, ❑r
<br /> �ass zn value, un�ess Borrower and L�nder otherwise agree in wr�ting, the sums secu�ed by�h�s 5ecurzty
<br /> Instrument�hall be reduced by the amount of th� M�scellaneous P�r�ceeds mult�pl�ed by th�foll�wing
<br /> frac�i�n: �a}the total amnunt of the surns s�cured�mmed�a�eiy b�fflre the partial�ai��ng, destructian, �r�oss
<br /> in�alue divided by�h}��e fa�r mark��vaXue of the Property imm�diately b�fare th�par��a��aking,
<br /> des�ruction, �r��ss�n va�ue. Any balance shall h�paid�a Barrower,
<br /> In the even�of a partial taking, destruction, or l�ss in�a�ue�f the P�roper�y��which the fair rnarket walue of
<br /> the Proper��r immediately befare the partia� takin.g, des�ruct�on, or�oss in va�ue is less than�he amoun�flf the
<br /> surns secured imm�diately before the partia��a.��ng, destruction, or loss in�alue, un�ess �3arrower an�
<br /> Lender other�vise agree�n wr�ting, the Miscei�aneaus Proce�ds sha�l be app��ed ta�he sums secured b�r th�s
<br /> Security�ns�rument v�hether or not th�surns are�hen du�.
<br /> �f the Fraper��r is abandan�d b�Borrower, or if, aft�r no��ce by Lender�o garrower tha�the Opposing Party
<br /> �as def�ned in the next senten�e}offers to make an award�a set��e a c�aim for damag�s, Borrow�r fails�o
<br /> re�pond to Lender with�n 3a days af��r the da���he notice is gi�en, Lender�s au�hor�zed��cn��ect and app�y
<br /> the M�s�ellaneous Proceeds either�o r�st�ratzon or repair of th�Prop�rty flr��the surns secured b�thi�
<br /> Se�urity Instrumen�, whether or not�hen due. "C]pposing Par�y" means the third par�y that owes Borrovver
<br /> Miscel�aneous Pr�ce�ds ar the pa�ty aga�nst whom Borrov�rer has a ri�ht af action�n regard ta Mi�ce�laneaus
<br /> Praceeds.
<br /> $orra�v�r sha11 b�in defau��if any ac��an or praceed�ng, wh�iher civil or criminal, �s begun�hat, in Len�er's
<br /> judgment, c�uld result in forfeiture of t.he Property or oth�r mater�al impairmen�of L�nder's in�eres�in�he
<br /> Propert�ar rights under this�ecur�t� Instrurnen�. Borr�wer can cure such a d�fault and, �f acce�erat�an has
<br /> occurred, reins�a�e as pr��ided�n�e�t�an �9, by caus�ng the action ar proceeding t�be dismissed with a
<br /> ru��ng that, in Len�l�r`s�udgmen�, pre�:lucies forfeiture flf th�Property flr other ma�er�a1 impa�rm�n�of
<br /> Lend�r's interest�n�he Proper�y ar rights under this Securi�y Instrument. T'he proceeds of any awa�d or
<br /> claim for�.ama�es that are attriblltabl�t� the impairm�n�flf Lend�r's in��r�st�n th�Prapert�ar�h�r�by
<br /> assigned and sha�l be paid t�Lender.
<br /> .All M�sc��laneQus Proceeds tha�are not applied t� re�t�ratian or repa�r of the Prnperty�ha�� be appi�ed �n the
<br /> arder provid�d for in Section 2.
<br /> NEgRASKA-Single�amily-Fannie M�el�reddie Mac iJNI�ORM INSTRUMENT Fvrrr�3�28�1�1
<br /> VM�� VMFE1{�dC;{#3n2�
<br /> Wait�rs Kluwer Financial Ser�ices Pag�7�vf i 7
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