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2� 1 �� 1577
<br /> �arn�ngs on such Misce�laneous Proceeds. If �he �esta�afion or �epair is nv� ecvnomically feasible �r
<br /> Lender's security wau�d be �essened, the Miscel�aneous Praceeds shall �e applied to the sums secured by
<br /> this Secur�ty Instrumen�, whe#her or no� then due, with the excess, if any, paid to Barrower. Such
<br /> Miscellaneous Praceeds sha�l be app���d in the vrder pro�ided for in Se�tion �.
<br /> ln the e�ent of a total tak�ng, des�ruct�Qn, or lass �n value of the P�operty, fihe Miscellaneaus
<br /> P�aceeds shafl �e applied to the sums secured by this Se�uri�y inst�uments wh��her or nat then due, with
<br /> #he ex��ss, if any, paid fo Borrower.
<br /> In the e�en� of a partial tak�ng, destruction, or loss in value of the Prop�r�y in which �he fai� market
<br /> �alue of #he Property immediateiy befflre the par�ial �aking, desf�uction, or loss in �a�ue is equaf to or
<br /> grea�er fihan fih� amount of the sums secured by this Se�u�i�y inst�ument immediately b�fore the partial
<br /> taking, des�ructivn, or foss in �alue, un�e�s Borrower and Lender othe�vvise agree in writing, �he sums
<br /> secured by �his S�cur��y lr�s�rument shall be redu��d by �he amount of �he M�sce��aneous Praceeds
<br /> muttip��ed by the f�llvw�ng frac�ion: ta}the�otal amounf of th�sums �ecured immed�ately befo�e�he partial
<br /> �aking, d�s�ru�tion, or 1os� in �a1ue di��ded by �b} �he fair market�a�ue af�h� Proper�y �mm�d�afiely befare
<br /> �ne partial�ak�ng, dest�uctian, or loss �n value. Any balance shall be paid�o Bar�ower.
<br /> �n �ne e�en� af a partiai taking, des�ructian, �r loss in value nf th� Proper�y in whi�h �he fair market
<br /> vafue �f the P�operty �mmedia#ely be�ore the part�al taking, des�ru�tion, vr loss �n �alue is less than the
<br /> amoun# of the sums secured immed�a��ly before the part�al taking, destruction, or loss �n va�ue, unless
<br /> Borrower and Lender v�herwise agree �n wr�ting, �he Misce��aneous Proceeds shall be a�plied to the sums
<br /> secured by this Secur�fiy �nstrument wh�ther or not the sums are th�n due.
<br /> If the Prop�rty is abandoned by Borrower, or if, after natice by Lender to �orrower that the C]pposing
<br /> F'ar�y �as defined �n th� nex� sen�ence} offers �a make an award to se��le a claim for damag�s, B�rrower
<br /> fa�ls ta respond to Lender within 3� days after th� date�he notiCe is gi�en, Lende� is authori�ed to collect
<br /> and apply the Misce��aneaus F'roceeds ei�he� to restora�ion or repa�r of �he Prop�rty or �o the sums
<br /> secured �y�his Se�ur�ty �ns�rument, whefner�r nflt �hen due. "�ppos�ng Party" means the third party that
<br /> owes Bo�rawer M�sceflaneous F'ro�eeds or #he par�y against whom Bo�rower has a righ# of ac�ion �n
<br /> regard to M�sce��aneous Proceeds.
<br /> Barrower sha�l b� in default if any ac�ion or prflceed�ng, whe�her ci�il or crimina�, �s begun fha�, in
<br /> Lender's judgment, c�ufd resulf in for�eiture of the Property o� o�her materia� impai�ment of Lend��'s
<br /> interest in �he �'raperty or righfis under this Securi�y �ns�rument. Borrower can cure such a defaul� and, if
<br /> ac�e�erat�on has occurred, reins�a�e as p�oWid�d �n Sec�i�n �8, by causing �he acfiion ar pr��eeding ta be
<br /> d�sm�ssed wi�h a ruling tha�, in Lende�'s �udgment, precludes farfeiture of the Property or ather material
<br /> impai�ment of Lender's interest in the P�oper�y or rights under this S�curity Ins�rumen�. The pra�eeds of
<br /> any award flr claim for damages that are a�tributable#o th� Empairment of Lender's interest in the Pr�per�y
<br /> are h�reby assigned and sha�l be paid to Lender.
<br /> AI! Miscellaneous Proceeds that are no� applied �o restaraf�on or r�pair of �he F'roperty sha�� be
<br /> appl�ed in the order pro��ded for in Sectian �.
<br /> 't'�. Borr�wer Not Released; Forbearance By Lender N�t a Wai�er. Extens�an af �he ��m� for
<br /> paym�nt or mod�fica�ion of amvrtizatian ❑f the sums secured by �his Se�uri�y Instrumen� gran�ed by
<br /> Lender to Bo�rower or any �uccessor in 1n�eres� of Barrower shall not op�ra�e to re�ease th� liab�fi�y of
<br /> Borrower or any Successvrs �n Infi�rest af 8orrower. Lender shall nat �e requEred ta commen�e
<br /> �roceedings agains� any Successor in �nterest of B�rrow�r or to refuse to extend time for payment o�
<br /> othenrvise modify amor�izat�on of the sums secured by this Security lnsfirument by reasvn of any demand
<br /> made by the origina� �orrawer ar any 5ucc�ssors in lnterest of Bor�vwer. Any forbearance by Lender in
<br /> exercising any righ� or �emedy includ�ng, wi�hout �im�tat�on, Lender's acceptance of paymen�s from third
<br /> persons, en�i�ies or Successors in ln�erest of E3arrawer or�n amounts less�han �he amount th�n due, sha11
<br /> not be a wai�er of�r p�eclud�the exercise�f any ri�ht or remedy.
<br /> �* 3 ❑ U D 2 � 5 4 CJ 8 � �+'r M C M � R T 4 C] T �
<br /> NEBRASKA--�-S�ngle Fam�l�----UNiF�RM INSTRUMENT MERS
<br /> Accsnt�re Mor�gage Ca�ence D�cum�nt Center C7 Page 9 n�15
<br /> 3773 01114
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