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2� 15�82�4
<br /> sa�isfact�on, pr�v�ded that such �nspect�on shall be under�aken promptiy. Lender may pay for the repa�rs
<br /> and res�flration in a s�n�le d�s�ursement or in a s�ries of progress payments as�he�vork is c�mpl�ted.
<br /> Unless an a�reernent �s made in wri�ing or Applicab�e Law requires interest to be paid on such
<br /> N�iscellaneous Proceeds, Lender sha�� no�be required��pay Barrawer any interest ar earnings�n su�h
<br /> Misce�laneous Proceeds. �f the res�ora�ion nr repair is no�econarnically feasible or Lender's �ecur�ty w�u�d
<br /> �e�ess�ne�, �he Misce�lan�ous P�roceeds shall be app�ied to the sum�secured by�his Security Ins�rument,
<br /> wheth�r or not then�u�, with�he excess, zf any, paid to Barrawer. 5uch M isce��aneous Proc�eds shall be
<br /> applied in th��rder pro��ded far in Sectzan 2.
<br /> In th�e�en�of a totai tak�n�, destruc�ion, or loss �n va�ue of�he Property, �he Misceiianeous Proceeds sha�l
<br /> be appl�ed�o the sums secured b� �his Security Instrumen�, whether or nat then due, �vith the e�cess, if any,
<br /> pazd�� Borrov�rer.
<br /> In the event of a par�ial taking, destruction, or lflss in�a�ue�f the Proper�� in whi�h th�fa�r market va�ue�f
<br /> th�Proper�y immedia�ely before the partial taking, des�ruction, or ioss in va�ue is equa� to ar grea�er�han th�
<br /> amflunt flf the sums secured by this Security Instrument immediate�y befare�he par�ia� taking, des�ruct��n, or
<br /> �oss zn va�ue, un�ess B�rrower and Lender athe��se agree in wri�ing, the sums secured by�h�s Securi�y
<br /> Instrument shal�be r�duc�d by the amount of the M�scelian�aus Proceeds mu�t�p�ied by the follo�ing
<br /> fra�ti�n: �a� the total amount of�he sums secured imumed�ate�y before�he par��a� tak�ng, destruCti�n, or��ss
<br /> in�alue d��id��.by t�} th�fair market�alue of the Property �mmediate�y before th�par��a� tak�ng,
<br /> de�truct�on, or�ass �n va�u�. Any ba�anc�shall be paid to Borrower.
<br /> �n the�ven�of a par��al tak�n�, d�struct��n, or loss in value�f the Praper�y in wh�ch the fair market vaiue af
<br /> th�Proper�y im�me�iiately before�h�par�zal �ak�ng, destruct�an, or�ass in�alue �s less than the amount of�he
<br /> sums se�ured immediateiy befare the partia� tak�ng, destruct�an, or�oss in va�ue, unless Borrov��r and
<br /> Lend�r atherwise agre�zn�vri�ing, th�Mis��ilane�us Prnc�eds sha��be appli�d to the sums secured by th�s
<br /> Securzt� �nstrument whether or not th��urns are�hen due.
<br /> �f the Proper�y �s a�and�ned by Borr�wer, or�f, af�er no�ice by Lender t� Borro�er that the�pposing Par�y
<br /> �as de�rined in the n�xt se��enc�} offers to make an award to se�t�e a c�aim fnr damages, Borrawer fails to
<br /> respand�o L�nder wi�hin 3D days after the date the no�ice is gi�en, Lender�s auth�r�zed to collec� and apply
<br /> the M�sce��aneaus Pr�ceeds ei�her to r�storation or repa�r of the Proper�y or to the sums secured by�hzs
<br /> Secur�t� �nstrument, u�h��her or not th�n�ue. "�ppas�ng Party" means�h�third party that owes Borrower
<br /> M�sceX�aneaus Praceeds �r the par�y aga�nst whom Borrower has a right of actian in regard ta Misc��iane�us
<br /> Praceeds.
<br /> B�rr�wer shall be zn d�fault if any act�fln�r proceeding, u�hether Civi� or cr�m�na�, is begun that, in Lender's
<br /> �udgmen�, caul� r�sult in f�rfeiture�f th�Prap�r�� or other mat�ria� xmpa�rment of Lender's �nterest �n the
<br /> Proper��ar righ�s under this Security In�trument. Borrower can cure such a default and, if acce��ra�ion has
<br /> accurre�., re�nstate as pra��ded �n S�ction 19, by causing the action or procee�ing t�b��lismissed w��h a
<br /> ruling that, in Lender's judgment, precludes forf�iture of th�Pr�pert�or oth�r mat�riai impairmen��f
<br /> Lender'� interes�in the Proper�y ar r�ghts under thzs Secur�ty In�trumen�, The procee�s�f any award or
<br /> claim far damages that are attributab�e to the impairmen�af Len�ier's �n�erest in th�Pr�perty are hereby
<br /> ass�gned ar�d shall be paid t� Lender.
<br /> All Miscel�ane�us Proceeds tha�are not appl��d to restarat��n ar repair of�he Pr�p�rty shall�e app�ied in the
<br /> order proWided for in Section 2.
<br /> NEBRASKA-5ingl�Famity-�anni�MaelFreddie Mac UNI�QRM INSTRUMENT Form 3�28 110�
<br /> VMP� VMP5�N�1�i 30Zf
<br /> Wv�ters KEuwer�inanciaf Ser�i�es Page 10 of 17
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