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2� 1 ��429�
<br /> satisfactifln, pravided that�uch inspect�on sha��b�und�rtaken promp�l�. Lender may pay for�h�repairs
<br /> and rest�ration in a sing�e d�sbursemen�or�n a series of progress paymen�s as�he v�ark is completed.
<br /> Un��ss an agreement is made�n wr�t�ng or App��ca�i�Law requ�res �n�erest to be paid on such
<br /> Miscellan�ous Proceeds, L�nder sha�� not be re�uired to pay Borr�w�r any�nterest�r earnings on�u�h
<br /> Misc�lianeous Proceeds. �f the restaratian flr repa�r is nat econom�ca�ly f�as�bie or Lender's secur�ty would
<br /> be Iessened, �he Miscel�aneaus Proceeds sha��be appli�d ta the sums secured by th�s Se�ur�ty �nstrument,
<br /> v�hether ar n�t then due, wi�h the excess, if any, paid t� Borrow�r. Such M�s�ei�aneous Pr�ceeds sha�I be
<br /> applied in�he order provided far in Sec�ion�.
<br /> �n th�ev�n�of a�otal�ak�ng, d�s�ruction, �r�oss �n�a�ue of�he Prnper�y, the Miscellaneous Pr�c�eds sha��
<br /> be app��ed ta�he sums ���ured by th�� Se�ur�ty In��rument, whether or no�then du�, v�ith�he exce�s, if an�,
<br /> paid to Barr��er.
<br /> In the event of a par�ia� taking, destruction, or�ass �n value of�he Prape�y in which the fair market�a�ue af
<br /> �he PrQper�y �mmed�ate�y��far�the partiai taking, destruc�ion, or loss in va�ue is equa� t� or greater�han the
<br /> am�unt af the sums secured�y �h�s Secur�t� �nstrument �mmediately�efore the par�ial taking, destruc�i�n, ar
<br /> loss in�alue, unless Barrower and Lend�r otherwise agree in wr�t�ng, th�sums secured b�this Securi�y
<br /> Instrument sha�l be reduced by the axnoun�of the N�i�cellaneous Proceeds mu�t�p�ied b�the follawin�
<br /> fracti�n: �a}the tota� amount of�he sums secured �mmediately befare the part�a�tak�ng, destruction, or�ass
<br /> �n value d�wided�y�b} the fair marke��a1ue of the Property imme��ate�y b�fore the part�ai tak�ng,
<br /> destruct��n, or�oss �n�alue. Any balan�e shall be paid to B�rra�ver.
<br /> �n the e�ent of a par�ial tak�ng, destruct�on, or��ss in�a�ue af the Praper�y in wh�ch the fair market value of
<br /> the Prop�rty immediately befare the partial tak�n�, des�ructi�n, or lass in�a�ue zs less than the amount af the
<br /> sums secured immediat�ly befar�the partia� tak�ng, �es�ructian, or Ioss in�alue, un��ss Borrnwer and
<br /> Lender othertiv�se agree in ti�vri�ing, the Misceilaneous Proce��s shal� be appli�d to the sums s�cured�y this
<br /> Security �nstrurn�n�whether or not the sums are�hen due.
<br /> �f�h�Proper�y is abandoned by Borrow�r, �r �f, after na��ce by Lender t� B�rro�er that th��pposing Farty
<br /> �as def�ned in�he n�xt senten�e}offers to mak�an avvard �o s�tt�e a c�aim for dama�es, Barrower fai�s ta
<br /> respond ta Lender within 3D days after�he da�e the notic� �s gi�en, Lender is author�zed�o co�lec� and app�y
<br /> �he Misc�llaneous Proceeds either to res�oratian or repair nf the Proper�y or to th�surns s�cured by this
<br /> Secur�ty Instrumen�, wheth�r or na�then du�. "�ppos�ng Par�y" means th�th�rd part� �ha���ves Bflr�ra�ver
<br /> M�scellaneous Praceeds or th�party against wh�m B�rrawer has a r�ght�f a���on �n r�gard to Miscella.neous
<br /> Pro�e�ds.
<br /> Borra�er shall be in d�faul� if any actian or proce��ing, whether ci�il or crim�nal, �s begun that, in Lender's
<br /> judgment, c�uld resuit in farfeiture af�he Property ar o�her mat�ria� impairment of L�nder's �n�erest�n the
<br /> Property or r�ghts under th�s Se�urity �nstrument. Borrnwer�an cure such a d�fau�t and, if acce�erat��n has
<br /> accurred, re�nsta�e as provided �n Section 19, by causing�he�ct�on or pr�cee��ng t�be dismissed with a
<br /> ruiing that, in L�nder's judgment, prec�udes farfeiture af�he Property or other mater�a� �mpa�rmen��f
<br /> Lender's interest in the Property ar rights under this 5ecurity �nstrument. The praceeds af any award or
<br /> ciaim for damages that are at�ributab�e to the impa�rment of Lender's in��res�in the Prop�rty are hereby
<br /> ass�gn�d and sha�� be pa�d�o Lender.
<br /> Ail M�scei�aneaus Proceeds�hat are not appli�d t� restoratian or repair of the Pr�p�rty shall be applied in the
<br /> ord�r pro��ded for in Sectian�.
<br /> NEgRASKA-Single Family-Fannie MaelFreddi�Mac UNIFQRM INSTRUMENT Fvrm 3428�1�7
<br /> VMF�� VMP54NE)t�302�
<br /> WaEf�rs K�uwer FinancFa!Ser�i�es Page�D v€17
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