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2� 15�8�92 <br /> 11.Ass�g�ment of Miscellaneous Pro�eeds;Forfeiture.A��Miscellaneous Praceeds are hereby assigned�o and <br /> sha�l be paid t�Lender. <br /> If�he Praperty is damaged,such Miscellaneous Praceeds shall be app�ied to res�oration or repair af the Pr�per�y,if <br /> �he restora�ion or repair is economically feasible and Lender's se�uri�y is na�lessened,During such repair and res�ora�ion <br /> pe�iod,Lender shal�ha�e the righ�to hold such Miscellaneous Proceeds un�il Lender has had a.n opportuni�y to inspect <br /> such Propert�r tfl ensure�he work has b�en compl�ted�a L�n�er's satisfac�ion,provided that such insp�c�ion shal�be <br /> undertaken promp�Iy.Lender may pay for�he�epairs and restoratian in a s�ng�e disbursement or in a series of progress <br /> pa�men�s a��he work is c�mpieted.LJn�ess an agreement i�made in writing Qr Appl�cable Lavv requir�s in�erest to be <br /> paid�n such Misce�Ianeous Prflceeds,Lender shall no�be requ�red to pay Borrower any int�rest or earn�ngs�n such <br /> Misce�ianeous Praceeds.�f the res�aration or repair is nat economic�.liy feasible or Lender's security v�ould be lessened, <br /> �he Misce��aneous Proce�ds sha11 be applxed�o�he sums secured by this Security�ns�rument,whe�her or not�hen due, <br /> Wl�h th��XC�55, if any,paid to Borr�wer, Such Mis�ellaneous Proc�eds shai�be appi��d in the�rder prfl�ided for in <br /> Secti�n 2. <br /> zn the e�ent of a total�aking, destruction,or lass in va�ue�f�he Proper�ty,�he Misce�ia.neous Pra�eeds shall be <br /> app�ied t� th� sums secured by this 5ecu���y Instrument, whe�er o� n�t�hen due, with �he excess, if any, paid t� <br /> B�rr�wer. <br /> �n the ev�nt of a part�ai�aking,destruct��n,or Ioss in�alue of�he Prop�rty in which the fair maxket�alue of th� <br /> Property im�nediatel�befare the partial takuag,de��ructifln,or loss�n�alue is equal to or greater�han the amount of the <br /> sums �ecured by�his Security�nstrument�mmediately before the partial taking, destructian, or Ioss in�alue,unl�ss <br /> Barr�wer an�.Lender o�herw�se agree zn wri�ing,�he sums secured by�hi�Security Tnst�rum�nt shali be reduced by the <br /> amount of the Miscelianeous Proceeds multipiied by the foll�wing fractian:�a}the t�ta�amoun��f the sums secured <br /> immediately before the pa.rtial taking,des�ruc��on,or iass in�alue d���d�d b��b}the fair mark�t�a�ue af the Praperty <br /> immedia�ely before the par�ial taking,des�ruction,ar l�ss in�alu�.Any balance shaX1 be pa�d ta Borrower. <br /> �n the event of a par�iaJ,tak�ng,des�ruction,or loss in�wa.Iue of the Property in Which the fair market value of the <br /> Proper�y im�n�d�ately before the par�ia��aking,des�ruc�ion,or iass�ca.�alue�s less�han�he amou.n�of the sums s�cured <br /> immed�a�el� befflre th�par��al�al�ing, destru��ion, ar loss in�alu�, unless Barrower and Lender athervWise agree in <br /> writing,the Miscellaneous Pro�e�ds shai�be applied��the sums secured by�this Security Instrumen�whether or no��h� <br /> sums are then due. <br /> Tf�he Praper�y is abandoned by Borrower,or if,after notiGe b�Lender to Borrower tha��the Qpposinb Pa.rty�as <br /> defned in the next s�n�en�e�affers ta make an award�o s�ttle a claim for damages,Borr�wer fa�ls��respond to Lender <br /> within 3�days after the date the na�i�e is given,Lender is authorized to c�llec�and app�y the Misce��aneous Pr�ceeds <br /> either�o res�ora�ian or repair flf�he Praper�y or t��he sums s�cured by this Security Instrumen�,vWh�ther or not then due. <br /> "�ppos�ng Party"m.eans the�h�rd par�y�hat owes Barr�v�er Misce�laneous Pro�eeds or�he pax�y against whom BorrovFrer <br /> has a ri�ht�f ac��an in regard to Misce��aneous Proceeds. <br /> Borrower sha�l be in default �f any a��ion ar proceed�ng, v�heth�r civil or criminal, is begun that, �n Lender's <br /> �udgment,could result in forfeiture of�he Property or oth�r ma�eriai impairmen�of Lender's in�erest in th�Prflperty ar <br /> r�ghts urider this Security�ns�rument.Borr�wer can cure such a defau�t and,if acceleratian has accurred,reinstat�as <br /> provided in S�ctian 19,by causin�the ac�ion or praceeding to be dismissed�v�r�th a ruling that,in Lender's judgment, <br /> preciudes farfeitu�re of th�Property or o�her materia�impairment afL�nder's in��rest in the Prnperty�r rxghts under�his <br /> Securi�y Ins�rum�n-�.The pro�eeds of any awaxd or claim for datnag�s�ha�are attr�bu�able to the impairmen�af Lender's <br /> �nterest in the Prop��rty are hereby assigned and sha�i be paid��Lender. <br /> A�l Misce��ane�us Pr�ceeds�hat are not applied to restaratxon ar r�pair of the Property shall be applied in�he order <br /> pro�ided f4�in Sect�on 2. <br /> 12. Eorrower No� Relea�ed; Forbearance By Lender Nat a �ai�er. Extension of�he fime for paymen� or <br /> modif ca�ion�f am�r�ization of the�ums secured by th�s Se�urity�ns�rument b�ran�ed by Lender to Borr�wer�r any <br /> Successar in Iriterest of Bor�rawer shall no�operate�a reiease th�Iiability of Borrawer or any Successors in Interest of <br /> Borro�v�rer.Lender shall not be re�uiared to comxnence pr�ceedir�gs against any Successor in in�erest of Bvrrower or�o <br /> refu�e�o extend time for paymen�or otherwise rnadify amor�ization af the sum�secured by�his Securxty�nstrument by <br /> r�ason af any demand made by the original Barrovver or any Su��essors in In��rest of Borr�wer.Any forbearanc�by <br /> Lender in e�ercising any r�gh�ar remedy includ�ng,vvithou��imita���n,Lender's acceptance of payments from third <br /> NEBRASKA-S�ngle Famiiy-Fannie MaelFredd�e Ma�UNIF4RM iNSTRUMENT Farm 3��8 �14� <br /> Page 8 of�3 , <br /> �os,�nc. Borrower�s lnitia�s �� = � <br /> � <br />