. 2� 1 ��2���
<br /> 14. AssignmQn�of Miscellaneous Proceeds; Forfeiture. A11 Misce�lane�us Praceeds are hereby assigned�o
<br /> and shall he paid to.Lend�r.
<br /> If the Property is damaged,such Miscellaneous Proceeds sha111ae applied tn restaration or repair of the Property,
<br /> if the restaration or repair �s ec�nomically feasib�e and Lender's security is not lessened. During such repair and
<br /> restoration period, Lender �hal� ha�e the right to hald such Miscellaneous Proceeds until Lender has had an
<br /> opportunity to inspect su�h Property to ensure the v►�or1c has been completed to Lender's satisfactian, pro�ided#hat
<br /> such inspec��on sha11 be undertaken prampt��. Lender may pay for the repairs and restaration in a single disbursement
<br /> or in a�eries of progress payments as the work is completed. Unles�an agreement is made in writing �r App�icable
<br /> Law requires in�eres�to be pa�d on such Miscellaneous Proceeds, Lender shal�nat be required to pay B�rrovWer any
<br /> interest or earnings on such Miscellane�us Proceeds. If the restoration or repair is not economica�ly feasible ar
<br /> Lender's security would be lessened,the Mi�scellanevus Proceeds shall be applied to the sums secured�y th�s Security
<br /> Instrument, vWhether or not�hen due, with the excess, if any, paid to Borrower. Such Misc�llaneous Proceeds shall
<br /> be applied in the order pro�ided for in Section 2.
<br /> �n the e�ent of a tota�taking, des�ructian, �r lass in Walue of the Property, �he Miscellaneous Prviceeds shall be
<br /> applied t� the sums secured by�his Security Instrumen�, whether or not then due, with the excess, if any, paid �o
<br /> BorrovWer.
<br /> In the e�ent of a partial taking, destruc�ian, ar�a�s in �alue of the Prop�r� �n which the fa�r market va�ue�f
<br /> the Property immediately before the partial tal�ing, destructian, flr I�ss in�alue is equal ta or greater than the arnount
<br /> af the sums secured�y this Security Ins�rumen�immed�ate�}�before the partial�ak�ng, destruction, ar lass in value,
<br /> unless Borro�er and Lender otherwise agree in writing, the sums secured by this Security Instrument sha11 be reduced
<br /> by the amount of the Miscel�aneous Proceeds multipl�ed by the following fraction: �a}the tota� amount of�he sums
<br /> secured imrnediately before the partiai taking, des�ructi�n, or loss in�a�ue di�ided by��}the fair market�alue of the
<br /> Proper�y immediately�efore the partial taking, destructi�n, or loss in value. Any balance sha11 be paid to Borr�wer.
<br /> In the e�ent�f a partia� tiaking, destruc�ion, or loss in�alue�f�he Property in which�he fair mari�et value of
<br /> the Property immed�ately bef�re the partial taking, destruction, or loss in�alue is less than the amaunt of the sums
<br /> secured immediate�y before the partial ta�ing, destruction, ar loss i.n value, un�ess Borrower and Lender otherwise
<br /> agree in wri�ing, the M.isc�llaneous Proceeds shal�be applied ta the sums secured by this Security�nstrument whether .
<br /> or not the sums are then due.
<br /> If the Propert}�is abandoned by Borrower,or if, after notice by Lender ta B�rrawer that the�pposing Party�as
<br /> defned �n the next sent�nce} offers ta mak� an award �� settle a c�a�m far damages, Borr�wer fails to respond to
<br /> Lender within 3Q days after the date�he notice is gi�en, Lender is authorized ta c��lec�and apply�he Misc�llaneous
<br /> Proceeds either to res�ora�ion ar repair af the Property or�a the sums secured by this Security �ns�rument, vvhether
<br /> ar not then due. "�ppasing Par�y" means the third party tha# owes Borrow�r Miscellaneous Proceeds ar�he party
<br /> against whorn Borrow�r has a right�f action in regard to Miscellaneous Proceeds.
<br /> B�rrower shall be in default if an}� action or proce�ding, whether c��il ar cr�minal, is begun that, in Lender's
<br /> judgment, cou�d result in f�rfeiture�f the Property or other material impairment flf Lender's interest in�he Property
<br /> or ri�hts under this Security Instrument. B�rrower can cure such a default and, if accelerati�n has occurred,reinstate
<br /> as pro�ided in Sect�on 18, by causin� the action or proceeding ta be disrni ssed with a ruling tha�, �n Lender's
<br /> judgment, precludes forfeiture of the Property ar�ther material impairrnent of Lender's interest in the Property or
<br /> rights under this Security Instrument. The proceeds of any avWard or claim for damages that are attribu�able�o�he
<br /> impairment of Lender's interest in the Property are hereby ass�gned and shall be paid ta Lender.
<br /> Ail Miscellaneous Proceeds�hat are not applied to restorat�on or repair of�he Prvperty shall be applzed in the
<br /> order pro�ided for in Section�. �
<br /> 11. Borrower Nat Released; Forbearanc� By Lend�r Nat a Wai�er. Extensi�n of the time for payment ar
<br /> m�dification af amort�zation of the sums secured by th�s Security Instrument granted by Lend.er tia Borrower or any
<br /> Successor in Interest of Borrower shal�not opera�e tv r�lease the liability of BarrovWer or any Successors in Interes�
<br /> af BorrovW�r. Lend�r shall nat be required ta commence procee��ngs against any Success�r in�n�eres�of BarrovWer
<br /> or ta refuse to extend time for payment or otherwise rnodify amortization of�he sums secured by th�s Security
<br /> �nstrument by reason of any demand made by the original Barrower or any Su�c�ss�rs in Interest of Borrower. Ar�y
<br /> NESRASKA-Sin�le Family-UN�FaRM INSTRUMENT D�c�Haglc
<br /> Ma�l FI Ea F4R DEPARTMENT �F V ETERANS AFFAiRS - IVIERS www.dacmagrc.cvm
<br /> (Rev. 11�1} Page 8 of 14
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