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2� 15�8182
<br /> sat�sfac��an, pra��ded �hat such inspection shall b�under�aken prompt�y. Lend�r may pay for the repa�rs
<br /> and restorat�on in a s�ng��disbursement or in a series of pragress pa�ments as the�vork is compie�ed.
<br /> Unless an agre�ment �s made in writing or Applicabl�Law requ�r�s �n�er�st to be paid on such
<br /> Miscellar�eous Proce�ds, Lender shai� nat�e required t�pay Barr�wer any �nt�rest or earnings an such
<br /> Miscellane�us Pr�ceeds. If the res�aration or repair is nn�ecanom�.ca�ly feas�b�e ar Lender's securi�y would
<br /> �e�essened, the M�sc��lan�ous Pr�c�eds shali be app�ied to�he sums secured by�his Securit� Instrum�nt,
<br /> whe�her or not then due, with th�ex�ess, if any, paid�a Borrow�r. Such Mis�el�an�ous Praceeds shail be
<br /> app��ed in�h�ard�r pra�ided for�n S��tzan 2.
<br /> In the ev�nt�f a tatai taking, destruct��n, or�ass �n value of the Pr�perty, the N��sce��aneous Pro�eed� shai�
<br /> be applied to th�sums secured by this Secur��y �nstrument, wh�ther or not then due, �vith the e�cess, if an�,
<br /> paid ta Barrower.
<br /> �n the�vent of a part�al taking, destruction, or loss �n va�u�flf the Prope�-�y �n which the fair market�a�u�nf
<br /> the Prflper�y immediately before the par�ial �ak�ng, des�ruct�an, or Ioss in�alue is equa� tn or grea�er than�he
<br /> amount of�he sums s�cured by this�ecur��y �ns�rumen�imm�ediately befor�e�he part�a� �ak�ng, d�structian, ar
<br /> loss �n�aiue, unless Bnrrower and L�nder o�herv�ise agre�in tivriting, �h�sums se�ur�d by th�s S��urity
<br /> Instrument shail be reduced by the am�un�of th� Miscellaneous Pr����ds m.u�t�pized by th�f�llowing
<br /> fraCtion: �a}�he�flta� am�un�of the sums s�cured immediately before�he part�a� taking, destruction, or loss
<br /> in va�ue d�vzded by tb� the fair market va�ue of�he Proper�y �mmed�ate�y befare the par�ia� taking,
<br /> des�ructzon, or loss in�alu�. Any balanc�shai�be pa�d to B�rr�wer.
<br /> In the event of a partia� ta�ing, des�ruct�on, or loss �n�alue�f the Proper�y in whi�h the fa�r mark�t va�ue of
<br /> �he Pr�per�y immed�ate�y before the par��a� tak�ng, destruction, �r�oss in va�ue zs�ess than th�a�moun�of t�ie
<br /> sums secured immed�ately befor�the partza� taki�g, d��tru�tion, or��ss in va�ue, un�ess B�rrower and
<br /> Lender o�herwise a�ree �n writing, th�Misc�llane�us Prn�eeds shal�he apg��ed ta th�sums secured by this
<br /> Securit�r �ns�rumen�whe�her or not the sum� ar�th�n du�.
<br /> �f�he Property is abandaned by Borr�wer, or if, after natice b�r Lender to Borrower that�he�pposing Par�y
<br /> �as defzned in�he next s�ntence} offers t�make an a�vard�o se�t�e a c�aim for damages, Borr�wer fai�s��
<br /> respond to Lender wi�hin 34 days after the date�he noti�e is given, Lender�s authorize�.�o c���ect and apply
<br /> the Miscellaneous ProCeeds e�ther�o restora��on ar repair of the Proper�y or tn th�sums s�cured by �his
<br /> S�curit� Instrument, whether or not then du�. "�pposing Party" means th�th�r�.party that awes Borraw�r
<br /> Miscellar�e�us Pr�ceeds or the part� against whom Borrower has a r�ght of act�on�n regard ta IVlisceilaneous
<br /> Pr�ceeds.
<br /> Borrower shall be�n default if any act��n�r pro��eding, whether c�v�� or cr�minai, is begun�ha�, �n Lender's
<br /> judgment, cauld resul�in f�rfeiture nf the Property ar�ther ma�eria� impairment of Lend�r's �n��rest�n the
<br /> Proper�y or rights under this Securi�y �ns�rumen�. Borrow�r can cure such a default and, �f acce�eration has
<br /> accurred, r�instate as pra�ided in Sectian �9, by causing the action flr praceeding �a b�disnlissed�v��h a
<br /> ru�ing tha�, in Lender's judgment, preclud�s forf�i�ure of�he Prap�r�y �r other materia� impairmen�nf
<br /> Lender's in�eres� in�he Property ar rights under�his Secur��y �nstrument. T�h�pr�c�eds of any av�ard or
<br /> c�a�m for damages tMat are a�tribu�abie�o�h�impa�rment nf Lender's interest in the Property are her��y
<br /> assigned and sha�� be paid t� Lender.
<br /> A�� Miscellaneous ProGeeds tha�are no�app��ed to restarat��n ar repa�r of�he Proper�y shall be appl�ed in the
<br /> order pra��ded for in 5ect��n Z.
<br /> NEBRASKA-5ingle�amily-�annie MaelFreddie Mac UNiFdRM INSTRUM�NT Form 3028 1141
<br /> VMP� VMPfitfVE}t"13Q�]
<br /> Watters Kluwer�inancial Ser�i�es Page 1 n of 17
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