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2� 1 ��� 179
<br /> satisfa��ion, pro�ided that such xnspec��an shali be under�aken prompt�y, Lender may pay for the repairs
<br /> and r�s�orati�n in a s�n�le dzsbursement ar�n a series af pragress payments as the work�s cornpleted.
<br /> Unless an agreem�en� �s rnade�n writing�r Applicab�e Law requ�res interest t�be pa�d on such
<br /> Miscel�aneous Pr�c��ds, Lender shall not be requ�red ta pay Borraw�r any �n�eres�or earnings an such
<br /> M�sc��lane�us Pr�c��d�. �f the res�orat�on or repazr is not ecanom�.ca�ly f�as�ble or Lender's security would
<br /> be Iess�ned, the N��sce��ane�us Proceeds shall be applied ta the sums secured by th�s Security �nstrument,
<br /> whether or not�hen du�, w��h the excess, if an�, paid ta Barrower. Su�h Misc���aneous Proceeds shal� be
<br /> applied in the order pro�ided far in S�ct�an 2.
<br /> In the event of a totai tak�ng, destructzon, ar Iass �n�a1ue�f th�Proper�y, the Mi�cel�a�aeaus Pt�ceeds sha�1
<br /> be app��ed ta th�sums se�ur�d by�h�s Security�nstrument, whether�r not then due, w�th�he excess, if any,
<br /> pa�d�o Barr�w�r.
<br /> �n the e�ent�f a par�ia� �aking, des�ruct�on, or l�ss in�alue of the Property �n whxch the fa�r market�a�ue of
<br /> �he Property ��nmedia�el�before the part�a�taking, destruction, or loss in value is �qua� to or gr�a��r than the
<br /> amount of th�sums se�ured by this Securi�y Instrument immediately before the partia� taking, destructi�n, or
<br /> ioss in�value, un�ess Barr�wer and Lender otherwise agree in writing, the sums secured by this Se�ur�ty
<br /> Ins�rument shall be reduced�y the amoun�af the Miscelianeous Pro�eeds multip�ied b�the following
<br /> frac��an: �a}the t�tat amount of the sums secured immediately before the partial ta�ing, destruc�ion, or I�ss
<br /> zn va�ue d���de�.b� �b} th� fa�r market va�ue�f the Proper�y zmmedzately befor�the par�ial taking,
<br /> destruetian, or�oss �n�alue. An�balanc�sha��be pa�d ta Borrawer.
<br /> �n the e�ent af a par�ia� tal�ing, des�ruction, or lass in�a�ue of�he Property in which the fazr market�alue of
<br /> the Property im�med�ate��r before the par��al taking, destruc�ion, or loss in value is ��ss than the amaunt af the
<br /> sums secured immed�ate�y before the partial taking, destruction, or loss in value, unless B�rraw�r and
<br /> Lender o�h�rwise agree in wr�t�ng, �he Miscellaneous Praceeds shall b�applied to the�ums secured by th�s
<br /> Se�ur��y �ns�rumen�v�rh�th�r or no�the sums ar�then due.
<br /> �f the Proper�y is ahandoned by Borrovver, ar�f, after not��e by Lender�a Borrower that�he 4pposing Par�y
<br /> �as de�ned in the ne�t s�ntence} affers�a make an award to set��e a c�aim for damages, Barraw�r fails �o
<br /> respond ta Lender u�i�hin 34 days after�he date the n�t�ce is g�ven, Lender�s au�har�zed�o cn�l���and apply
<br /> the Miscellaneous Proceeds e�ther to restaratian ar repair af the Proper�y ar��th�sums �ecured by �h�s
<br /> Se�uri�y Instrumen�, tivhe�her or nat then du�. "4p�osing Par�y" means the�hird part� �hat owes Borrawer
<br /> Miscel�aneaus Proceeds or�he par��against whom Borrower has a right of actian in regard ta Misce��aneflus
<br /> Pr�ce�ds.
<br /> Borrov�er shall be in default �f an� act�an�r prfl�eedin�, whe�her c�vzl or criminal, is begun�hat, in Lend�r's
<br /> �udgm.en�, cou�d resul� in forfeiture of the Proper�y or�ther mater�a� �mpairment of Lender's interest in the
<br /> Property or rzgh�s under this Securi�y Ins�rument. Bflrr�wer can cure such a default and, �f a�cel�rati�n ha�
<br /> occurred, reinstate as pro�rided in Section 19, by causing the action ar praceed�n� t�be d�sm���sed with a
<br /> ruling tha�, in Lender's�udgment, prec�udes farfei�ur�of the Praper�y or a�her m�ater�a� impairment af
<br /> L��t�er's inter�st in the Property or rights und�r this Security Ins�rum�nt. The proceed��f any award ar
<br /> ��a�m for damages tha� are attr�buta��e to the impairment nf Lender's in�eres� in the Property are h�reby
<br /> ass�gned and sha�l�e paid�a Lender.
<br /> All Misc���ane�us Proceeds that are nat app�ied ta restoration ar repa�r of the Prop�rty sha�t be app�i�d in the
<br /> or�er pro�id�d for�n Section 2.
<br /> N�BRASKA-Sing��l�ami�y-Fannie MaelFredcfie MaG UN��ORM�NSTRUM�NT Fvrm 30�8 11�1
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<br /> Wolters K�uwer�inancia[5er�ices Page 7 n v#17
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