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2� 1 ����83
<br /> sat�sfaction, provided that such ulspecxion shal�be undertaken promptly. Lender may pay fnr�h.e repairs
<br /> and r��aration in.a sin.g�e dzsbursemen�or in a series af pragress payments as�he work�s comp�et�,
<br /> Un�ess an agreemen�is m�ade in writing or Appl�cabXe Law requxres int�rest to b�pa�d on such
<br /> Miscellaneous Froc,e�s, Lender sha1.1 no�be requir�d.ta pay Borrower any interes�or earnings an such
<br /> Misc,�llan�us Proce�s. If the restara�ion flr repair is not�:onomically feasible or Lender's securi�y would
<br /> be Iess�ned, �he Miscellaneous Pra�ds shall be applred to t�ie sums secured b�thi.s Securi�y ins�rumen�,'
<br /> v�vhether or not�hen due, vvi.th t,�ie excess, if any, paid to Borrov�rer. Such Miscelian�us Proc.e�is sha1�be
<br /> app�ied in the order prav�ded for in Section 2.
<br /> In the e�ent of a�ata��ak�ng, d�s�ruct�on, or xoss ian Wa�u�of rhe Prop�rty,�he Misce��aneous Proceeds shalx
<br /> be app�ied tv the sums secured by this Security Instrument, whether or not�hen due, wi�h�he excess, if any,
<br /> paid to Barra�er.
<br /> In�he e�ent af a partial takuzg, destructran, or lass i.n value of the Propert�in which�he fair market�a1ue of
<br /> �hhe Prop�r�immediately before the partial taking, destruct�on, or�oss�n�a1ue is equal to or greater�han.t�he
<br /> amaunt�f�he sums securecl b�r�his Secwr�.�y Lnstrumen�zmm�di�ely before the partial taki�.g, d�struction, or
<br /> lass in�value, u�aless Borrower and Lend�r otherwise agree in writi�ng, the sums secur�d.by this Security
<br /> Ins�nent sha11 b�redu�d by�he amaunt of�he Mis�ellaneous Praceeds multiplied by�he fal�ov�ng
<br /> fraction: �a}�ie tatal amaun�of the sums se,cured irnmedxa�el�before t�.e par�ia�taking, des�ruction, �r lass
<br /> in�alue di�id�d by�b)�he fair market�a�.ue of�.e Property immediate�y befare the partial tiaking,
<br /> destructxon, or Ioss in�al.ue. An�balance shall b�paxd tn Borrower.
<br /> In th�e�ent of a par�ial taki.ng, destruction, or�oss�n value of�he Properxy in v�hich�he fai,r market�a�.ue af
<br /> the Proper�y immediate�y before�he partxal taking, destruction, or lnss in va�ue i�Iess than�he amaun�of�he
<br /> su�ms s�ured unm�.iately before�he par�ial taking, destruc�i�n, or xoss in value, un�ess�rrower and
<br /> Lender o�hher�vise agree in writing, �he Miscellan�us Proceeds sha1l be appli�d�o the sums secured by th�is
<br /> �cwri.ty In.stru�m�nt wh��.ier or not�he sums are then due.
<br /> If�he Property is abandon�.by B�rrower, flr�f, after not�ce by Lender to Borrower tha��he�p�osing Party
<br /> �a�defined in the next sentence}offers to make an award to sett�e a c�avm for dam�a.ges, Barrow�r fai�s to
<br /> resp�nd ta Lend�r within 3�d.ays after�he da�e the notxce is given, Lender is au�hor�ze�i to co1l�t and appxy
<br /> th�Miscel�aneous Proceeds�x�.her to restoration ar r�pair af the Property or ta�h�sums secur�by tn�s
<br /> Securi�y Insxrument, wheth.er or not then due. "�pgosing Party� means the�hiard party tha.�ov�es B�rrower
<br /> M�scellan�us Proce�ds or the party against wh�m Borrower has a r�ght af actron in regard to Misce��aneous
<br /> Proceeds.
<br /> Bnrrov�rer shall be i.n�default rf any act�on or pracee�ling, whet�.er cx���or cr�minal, is begun�h.at, in Lender's
<br /> judgment, could resul�in forfeiture af the Proper�y or other ma.t�r�a1 impaa.rmen�of Lender's interest i.n�he
<br /> Praperty or rights under this S�curity Instrument. Barrower can cure such a defaul�and, xf acceleration has
<br /> accurred, reinstate as pra�ided in Sectxon �.9, b�causing�he ac��on or proc�ding�o be dxsmissed wi�h a
<br /> rul.i.ng that, in L�nder's judgment, prec�udes farfeiture af the Prop�r�ar other mater�al impairment of
<br /> Lender's interes��n�he Froperty or righ�s under�this Security Instru.ment. The proce�ds of any a�rard or
<br /> c�aim for damag�s that are attr�butable to�1ie impa�rment of Lend�r's interes�in�he Prager�y are hereby
<br /> ass�gned and sl�a1�be pa.id to Lender.
<br /> All MisCellaneous Proc.eeds�hat are no�appli�d.to r�s�oraxian or repair af the Proper�y sha11 be applied in�he
<br /> order pro�ided for in S�ctian 2.
<br /> N�BRASKA-Single�amily-�annie Mael�reddie{Vlac UNIFQRfIJf IN5TRLIM�NT �arm 3�28 11D�
<br /> VMP� ' VMP6{IV£�{1302y.�D
<br /> 1Noitars Kluwer�inan�ial 5ervices Pag�10 of�7
<br />
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