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2� 1 ��3135
<br /> satisfaction, prfl�ided �ha�such inspec�i�n �ha11 be undertaken prflmptly. Lender�may pa�for��e repairs
<br /> and restoration in a singl�disbursement or in a series of progr�ss paymen�s as the wQrk i� Comp�e�ed.
<br /> Unless an agreement is rnade in ti�riting or Applicabl�L�vv r�quires interes� to be paid an �uch
<br /> Miscellaneous Proceeds, L�nder shal� n�t be required to pa�Borrawer any in�erest�r earnings on such
<br /> Miscellaneous Praceeds. �f�he r�s�orat�on or repa�r�s no��conom.�cally f�asibl� �r Lender's se�urity would
<br /> be les�ened, �he Misce��aneous Pro�eeds shal�be app�ied to �he sums seGured by this Secur�ty �n�trument,
<br /> wheth�r or not �hen due, with the excess, if any, paid ta Borro�ver. Such M�sce��aneou� Praceeds sha�� be
<br /> app��ed�n�he order provid�d for in S��tion Z.
<br /> �n the even��f a to�ai taking, de�truction, or loss in valu�of the Prapert�, the M�sce��ane�us Praceeds shall
<br /> be appl�ed to�he sums secured by this S��ur��y Instrumen�, whe�her or no�then due, with the excess, �f an�r,
<br /> pa�d to Borr�wer.
<br /> In the event of a part�al tak�ng, des�ructi�n, or�oss �n value�f the Property in whi�h the fair market value of
<br /> the Proper�y immediately before th�partia� �aking, des�ruc�ion, or loss in va�ue is equal �o or grea�er than the
<br /> amoun�of�he sums secured�y this Securi�y Ins�rumen�immediat��y�aefare the partial tak�ng, d�sCrucCian, or
<br /> loss �n va�ue, unles�Borro�er and Lender a�hezu»se agree�n�rzt�ng, the sums secured by th�s S�curity
<br /> Instru�n.ent sha11�e reduced b� �he amaunt af�he M�sce��aneou�Praceeds mul�ipl�ed by the fflXXowing
<br /> fraction: �a} �Ze total am�unt af�he su�ns secured immedza�e�y befare the par��a� tak�ng, destructiQn, or�oss
<br /> in va�ue d�v�ded by �b� the fair markeC value�f�he Pr�perty imm�diat����efare�he partia� taking,
<br /> destruc�i�n, �r lnss �n value. Any ba�ance s�a��be paid t�B�rrawer.
<br /> �n th�ev�nt of a par�ial tak�ng, destruc�ion, or�ass in value�f the Proper�y in which the fair xnarket value af
<br /> th�Pr�perty im�nediat�ly�efore�he par�ia� �ak�n�, destruc�i�n, �r toss in va�ue is ��ss �han the am�ount of�he
<br /> sums secured immediately�efore the par��a�taking, destruction, �r�oss�n�ralue, unl�ss Borr�wer and
<br /> Lender otherwis�agree in v�ritin�, the Mis�e��ar�eous Froce�ds shai� be app�i�d�o �he sums secur�d�y th�s
<br /> Se�ur��y Instrument whe�her or not the sums are�hen due.
<br /> If�h�e Property is abandoned by Borrower, or if, after n��ice by Lender�o Borrawer that the�ppasing Party
<br /> �as defin�d �n the ne�t sen�enc�} flffers�o make an a��ard��settl�a��a�m f�r damages, B�rrawer fails�a
<br /> re�pond to Lender w�th�n 34 days after the date�he notice��g�ven, Lender i�au�horized to collect and apply
<br /> ��ae Miscellaneous Pr�c�eds either to r�s�ora�ion❑r repair of the Pr�p�rty or�o �he su�ms secured by this
<br /> Security Instrument, u�hether or not�hen du�. "Qpposing Party" means�he third party �ha�o�ves Borrfl�er
<br /> Miscellaneous Praceeds or the party agains�vvh�m Borrower has a r�ght�f a���on in regard tn Miscellaneous
<br /> Proceeds.
<br /> Borrower sha��be in defau�� if any ac�ion or proceeding, whe�her civil ar cr�m�nal, �s begun�ha�, in Lender's
<br /> judgment, c�uid resu�t in forf�iture of the Pr�per�y or ather materia� impa�rment�f L�nder's interest�n �he
<br /> Property or r�gh�s under this Secur��y In�trumen�. Borrower can cure such a default an�, �f acc�Ierat�an has
<br /> oc�urred, reinstate as prov�ded in Sect�on �9, by caus�ng the action or proc��ding ta be d�sm�ss�d w�th a
<br /> ruling tha�, �n Lender's judg�m.en�, preciudes forfei�ure of the Pr�per�y or�ther material impa�rm�n�of
<br /> Lender`s in�erest in the Praperty�r righ�s und�r this Security Ins�ru�nent. The proceed�of any award or
<br /> claim for damages �ha�ar� a��r�bu�ab�e to the i�mpairment❑f Lender'� interes�in the Property are hereby
<br /> assigned and shall be paid ta Lender.
<br /> A11 M��ce��ane�us Proce�ds that are n�t appl�ed t� restarati�n�r repa�r of the Proper�y �ha�l be app�i�d in �he
<br /> order provide�for in Sectian 2.
<br /> N�BRqSKA-SingIe Famiiy-�annie MaelFre�die Ma�UNiFDRM INSTRUM�NT F�rrn 3028�10�
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<br /> Walt�rs i4luwer Financiai Ser�ices Page 1❑vf 3 7
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