2� 1 ��� 13�
<br /> satisfactiang provided tha�such inspection shall be undertaken prnmp�iy. Lender may pa�r for the repairs
<br /> and restorat�on in a single disbursement or in a ser�es of progress payments as the work is completed.
<br /> Un�ess an agreemen�is made�n�vriting ar Applicable Law requires interest to be paid an such
<br /> Misc,�llaneous Praceeds, Lender shalx n�t be required to pay Borrower any in�erest or earnings on such
<br /> Misc�llaneous Proceeds. �f th�restora��an or repa�r��no�ecanomically feasib�e or Lender's security would
<br /> ae lessen�d, the Miscellaneous Proceeds sha11 b�app�i��o the sums seCured b�this S�ur�ty instrument,
<br /> wheth�r or not�hen due, with�he excess, if any, paid to Barrovver, Such M�scellaneous Proceeds sha��be
<br /> applied in the vrder pro�ided.for in Sectxon�.
<br /> In the��ent of a total taking, des�ruct��n, or Ioss in�raiue of th�Proper�y, �he Mis�ellaneous Proc.�eds sha11
<br /> be appl ied to�he sums secured by this Security Instrument, whether or no��hen due, wi�h the exc,�ss, xf any,
<br /> paid to Borrower.
<br /> In the e�en�of a partiai takxng, d�structian, or l�ss in�a.Xue of the Property xn�rhich the fair market�alue of
<br /> �he Property xmmedxate�y b�fore the partial taking, destruCtion, or Iflss in�a�u�is equal�o or greater�han the
<br /> amount of the sums secured by th�.s Se�uri�y Instrumen�immed�ateiy before�he par�ia�taking, destruc��vn, ar
<br /> loss in�alue, unless Erorrower and Lender otheY-vvise agree�n�ting, the sums secured by this Security
<br /> Instrument shal�b�reduced by�he amount of the Misceilaneaus Proceeds mul�iplxed.by the fo�Iowing
<br /> fraction: (a}the to�a1 amount af the sums secured immediate�y befor��he partial taking, des�ruct�on, or xoss
<br /> xn rra�ue di�ided by�b}the faxr market�a1ue of th.e Pragerty immediately befvre�he par��a1 taking,
<br /> destructxon, or loss in�a.1ue. Any ba�ancc�sha.�l be paxd to Borro�rer.
<br /> In�he e�rent of a partial �aking, destructxnn, or Ioss rn�aiue of the Property in which�he fair market�a.iue af
<br /> the Property immed�axeiy befnre the par�ial ta�ing, des�ruction, or Ioss in�a.�ue is xess than the amount of th�
<br /> sums secured immediatel�before the par�ial taking, destrucCxon, or�oss in�a.Iue, unless Borrower and
<br /> Lender oth�rvWise agree�n vvri.ting, �he Miscellaneaus Proceeds sha11 be appx�e,d�o the sums secured by thrs
<br /> Securi�y Instrument whether or no�the sums are th.en due.
<br /> If the Pr�perry�s abandoned by B�rra�er, vr if, after no�xce by Lender to Borrower that�h��ppa5ing Par�y
<br /> �a.s def�n�d in the nex�sentence} offers ta make an award to se�ie a claim far damag�s, Barrov�rer fails to
<br /> respond to Lender�vi�hin 3D days after�he date the notxce is gi�en, Lender xs author�zed to collect and apply
<br /> �he M�Sce�ianeous Proceeds either to res�oration or repa�r of the Proper�y or to�he sums secured by�hxs
<br /> Se�ur�ty Xnstrument, v�rhether or not then due. "Qpposing ParCy" means the third par�y that owes Borrower
<br /> Mxsc��laneous Proceeds or th�par�y aga�nst whom Borrower has a right of actxon in regard�o Miscei�aneous
<br /> Prac�eds.
<br /> Borrower sha�i Ue in default if any actxon or proceeding, v�rhe�her civi�or crxminal, is begun that, �.n Lend�r's
<br /> judgment, could resu�t in forfe�ture of the Proper�y ar other ma�er�ai impairment af Lender's interest in�he
<br /> Praper�y or rights under this 5ecuri�Instrumenx. Borrovver can cure such a default and, if acce�eration has
<br /> occurred, reinstat�as pro�ided in S�c�ion 19, by causing�he actron or proceeding tv be d�smissed w�th a
<br /> rulrng tha�, in Lender's judgment,prec�udes farfeiture of the Property or ather ma�eria� impairmenti of
<br /> Lender's interest in th.e Property or r�gh�s under this�ec�uri.ty Ins�rumen�. 'T`he proce�ds of any award or
<br /> claim for damages�ha�are at�ribu�able to the impa.irment of Lender's interest ua.�he Prap�r�y are hereby
<br /> assxgned and sha�l be paid ta Lend�r.
<br /> A11 Misce��an�ous Praceeds that are not appl�ed to restoratron or repair of the Property sha1�be app�ied in the
<br /> order pra�id�for in S�ctxnn 2.
<br /> N�BRASKA-Sing[e Family-�annie Mael�reddie Mac UNIFDRM INSTRUMENT Form 3D28'i 101
<br /> VMP� ' VMP6�NEy�7 3�Za.OQ
<br /> Walters Klcawer�inancial Services Page'[�of Z 7
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