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2� 1 ��544 satisfaction, provided that su�h inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in.a si.ngle disbursement vr in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest fto be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrowe�r'anY lnter'est or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or.Lender's security would be lessened, the Mis�elianeous Proceeds shal�be applied tv the sums secured by thls S�urity In.strument, whether or not then due, with the excess, if any, paid ta Borrower. Such Miscellaneous Proceeds shall be applied in the order pro�ided for in Section 2. In the event af a total ta�ing, destructian, �r loss in va�ue of the Praperty, the Miscellaneous Proceeds sha11 be a lied to the sums secured by this S�urity Instirument, whether or nat then due, with the excess, if an.y, � paid to Borrower. In the event af a artial taking, destruction, or loss in value of the ProperCy in which the fair market value of P the pro immediatel before the partial taking, destruction, or loss in value is equal to or greater than the P�Y Y amount of the sum.s secured by this Se�urity Instrument immediately before the partial tak�.n�, destructlan, ar loss in va�ue, unless Borr�wer and Lender vtherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the fol.lowing fractian: a the totai amount of the sums secured immediately b�fore the partial taking, destructi�n, or loss ( } . . in value divided by�b}the fa�r market va�ue of the Prv�erty immed�ately b�fore the partial talang, de�truction, or iass in value. Any balance shall be paid to Bvrrower. In the event of a artial tak�ng, destruction, or�oss in va�ue of the Praperty in which the fair market�a1ue of P the pro immediatei before the partial taking, destru�tion, or loss in value is less than the arnowlt of the P�Y Y 5ums secured immediately before the partial taking, destruction, or lass in va�ue, unless Borr�wer and Lender otherwise a ee in writing, the Miscellaneous Proceeds shall b�applied to the sums secured by this �' Security Instrument whether�r not the sums are the�n due. If the Pro e is abandoned by Borrower, or yf, after natice by�ender to Borr�wer that the�pposing Party P �Y � as defined in the ne�t sentence�affezs t�make an award to s�.tle.a claim for damages, Borr�wer fa��s to res ond to Lender within 30 days af�er the date the notice is given, Lender is authorized to�ollect and apply P the Miscellaueous Proceed5 either to restoration or repair af the Pr�perty�or to the suzns securec�by this Securi Instrument, whether or a�ot then due. "�pposing Party" means the third party that owes Borrower � Miscellaneous Proceeds or�the party against whom BarroweT has a right of action in regard to Miscellaneous Proceeds. BorroweT shall be�in default if any actian�r proceeding, whether civil vr crimin.al, �s begun that, in Lender's 'ud ent could result in f�rfeiture of the Pr�per�y or other material impairment of Lender's interest in the � � Pro or ri ts under this Security Instrument• Borrowe�'�a�cure such a default and, if acce�eration has P�Y � accurred reinstate as rovided in Secti�n•�9, by causing the action ar praceeding to be dismissed with a P rulin tha in Lender's 'udgment, precludes forfeiture of the Property or other material impairment of g � J Lender's interest in the Property�r rights under this Security Instrument.�The proceeds of an.y award or claim for dama es that are attributab�e to the impairment of Lender's interest in the Property are hereby g assigned and shall be paid ta Lender. Al�Miscellaneous Pro�eeds that are not applied to restoration or repair of the Prv�erty shall be applied in the order provided for in Section 2. • z3�o3ssas3 ❑vsNE NEBRASKA-Smgle Family-Fannie MaelFreddie Ma�UNiFQRM INSTRi1M ENT Form 3�28 1l01 VMP� VMPG{NE}�13�2} Wolters Kluwer Financial Services Page 10 of 17 1 ■ . A �