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2� 1 �� 1853
<br /> satisfactian, prov�ded tha�such insp���ion shall be und�rtak�n promptly. ��nder ma�pay for th�repa�rs
<br /> and restoration�n a single�.isbur�ernen�or in a s�ri�s af progress pa�men�s as the vvork�s c�mple�ed.
<br /> Unless an agree�n�nt is mad�in writing or Applicabl� Law requires in�eres�to b�pa�d�n such
<br /> Misce��aneaus Pr�ceeds, Lender shall n��be required ��pay Borrovver an�r �nterest ar earn�ngs on such
<br /> 1Vliscelianeaus Proce�d�. If the r�stora�ion ar repa�r is n�t e�on�mi�a�Iy feasibi�ar Lender's secur�ty wnuid
<br /> �]���55�I1�C�, the Misce��ane�us Pr���eds shai�be applied to �he�ums secured by�h�s Se�uri�y Ins�rumen�,
<br /> whether or not then due, w�th�he�xc�ss, �f any, pa�d t� Borr�wer. Such M�sce�laneous Pr�ceeds shal�be
<br /> appli�d in the arder provided for�n Se�t��n Z.
<br /> �n the event of a t�ta.� tak�ng, des�ruct�on, or lnss �n�ra�u�of the Property, �he M�s�ellar�e�us Proceeds shal�
<br /> be app�ied�o the sums se�ur��by th�s S��urity Ins�rum�nt, whether or not�hen due, with�he excess, if any,
<br /> �aid ta Borr�vver.
<br /> �n th��vent of a par�ial taking, destruc��on, or loss in va1u�nf the Pr�perty �n whxch the fa�r market�value�f
<br /> the Propert�im�med�a�e�y b�f�re the par�iai �al�in�, destruCtion, �r Ioss in�a�ue�s�qua� �a or greater than�he
<br /> am�unt af th�sums secured by�his Security �nstrumen�immediately before�he part�a� taking, destructian, �r
<br /> l�ss �n�a1ue, unle�s Barrower and Lender otherw�se agree�n wr���ng, �h�sums se�ured by th�s Securx�y
<br /> Zns�rumen�shal�be rtdu�ed b�r the amount of�.he Mis�el�an�ous Pr�ceeds mult�p�ied�y the fQ��ow�ng
<br /> frac�ian: �a} the ta�a1 amount of�h�sums secur�d imm��iately befor�t�e partial tal�ing, de�truct�on, or loss
<br /> �n va�ue d��ided by �b}the fair rnarke�va�ue of th�Prop�r�y zmme�.iat�Iy�efore�h�part�a� taking,
<br /> destruc�ian, vr�ass�n val.ue. Any balanc�sha��be paid to B�rrower.
<br /> In the even�of a part�a.��ak�ng, destructian, or�oss xn�a.�ue of�he Proper�y in wh�ch�he fair market va�u�of
<br /> �he�'roperty immeaiate�y before�he part�a��a.k�ng, destruct�on, ar��ss �n wa�u�is�ess than th�amount�f�he
<br /> surns secured xmm�diatel�bef�r�t�.e par�ial taking, des�ruct�on, or�oss in�aiue, ur��ess Borrower and
<br /> Lender��herv�ris�agre�in writing, �he Miscellan�ous Pr�ceeds sha�l b�app�ied to�he sum.s secured by this
<br /> Se�urity�n�trument whether or n�t th�sums a�e�he��ue.
<br /> If�.�P�rop�rt.y is aband�ne�b�B�rrawery or�f, af�er not�ce�y Lender to Barr�w�r tha�the(]ppo��ng Party
<br /> �as defin�d�n the n�xt sent�n��3 offers to make an a�vard�a sett��a c�aim f�r�amag�s, Barrow�r fa�ls�o
<br /> respond�o Lender within 3�days aft�r th��a�e th�no�ice is given, Lend�r��author�zed t�collect and appiy
<br /> �h�Miscel�aneous Praceeds��th�r��restorat��n or repair of the Pr�per�y or�o the sums secured by this
<br /> Secur�ty Ins�rumen�, wh�ther or no�then due. "�pp�s�ng Party" means�he third par�y�hat ov�es Barrower
<br /> M�sce��an�ous Proc��ds ar the party against whom Borrawer has a r�gh�of act��n in regard to Misce��ane�us
<br /> Proceeds.
<br /> Borrovver shall be�n defau��if any act��n or pr���edxng, whether c�v���r crim�na�, �s b�gun that, in L�nder's
<br /> �udgment, c�u1d re�u�t in forfeiture�f th�Pr�perty�r vther ma�er�a1 �mpa�rment of Lender's interes��n the
<br /> Proper�y or rights under�is Security�nstrument. Barro�ver�an cure such a default and, if accelera�zon has
<br /> occurred, re�ns�ate as pro�ided in Sectian 19, by causing�he action or proceeding��be dismissed w��h a
<br /> ruling�ha�, �n Lender's judgment, pr�cludes f�rfeiture af the Prvper�y or other materia� �mpa�rment of
<br /> Lendtr's inter�s�.�n the Propert��r rights under this Security Instrumerit. The proceeds of an�r award or
<br /> c�aim for damag�s��a�are attri�utable�o the�mpaxrmen�nf Lender`s in�er�s� in th�Proper�y ar�h�r�by
<br /> ass�gn�d and shall be pa�d ta Lend�r.
<br /> A�� Miscellaneous Proceeds �hat are not app�ied ta restorat�on�r repair af�he Proper�y shal�be applied �n th�
<br /> order pro�ided for�n Sect�on 2.
<br /> NEBRASKA-Singl��arnily-Fannie MaelFred�iis Mac UNlFDRM iNSTRUMENT �orm 3aZ8�1�1
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<br /> Wvlters Ktuwer Fir�ancial Ser�ic�s Page 1❑of 17
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