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. 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 <br />