Laserfiche WebLink
2� 1 ��5214 <br /> sa�isfactian, pr�vided�hat�uch in�p�c���n shall be undertaken prompt�y. Lend�r xnay�ay f�r the r�pa�rs <br /> and res��ra�ion in a sing�e disburs�m�nt or�n a s�ries of progress paym.en�s as the wor��s comp�eted. <br /> Un�ess an agreement is made in wrxt�ng�r Appiicabl� Law r�qu�r�s �n�er�st ta be pa�d�n such <br /> ��scellaneous Pr�ceeds, Lender shall not b�r�quzred to pay Borrower any �n�eres�ar earn�ngs�n such <br /> M�scel�an�ous Praceeds. �f�he r�st�ratio�or repair is not econamzca��y feaszb�e or L��d�r's secur�ty wou�d <br /> be�essened, the Misce��aneous Proc��ds sha�l be app�ied�a th�sums secured by�hzs Secur�ty �nstrument, <br /> wh�ther or n��then due, with the ex�ess, if a.�y, pai�i��B�rrower. Such M�sce��aneaus Praceeds sha�� b� <br /> app��ed in th�arder pro�ided for�n Se�tian 2. <br /> �n the e�rent�f a tota� taking, destru��ion, or 1�ss in�alu�of the Proper�y, the Misce��an�aus Proceeds sha�l <br /> be appl��d�a�he sums secured by �h�s Secur��y�ns�rument, �hether�r no�then du�, vc�ith�he ex�ess, �f any, <br /> paid�o Borravver. <br /> In�he��ent af a par��al takir�g, destructi�n, or��ss �n vaxue nf the Prap�r�y in whz�h th�fair mar�e�va�ue af <br /> the Property immed�a�ely hefore the par�ial ta.king, des�ruct�fln, or�o�� �n valu�xs e�ua� ta or greater�han th� <br /> arn�unt of the sums s�cured by th�s S��urit� �nstrumen� imm�d�a�e�y before�he par��a� taking, destruction, or <br /> �oss in�ralue, un�ess Barrov�er and Lender o�herwise agree in writing, ��ie sum�s�cured by this Security <br /> �nstrument shall be redu�ed b�r�he amount of�he M�scellaneau�Proceeds n�u�tip�ied by the f�llnwi�g <br /> fract�on: �a} the to�al amount of�he sums secured imm�diate�y before�he par�ial taking, de�truct��n, or�oss <br /> in value d�v�ded by�b} the fazr market Wa�ue of th�Prop�rty �mmediat��y before the partial taking, <br /> des�ruction, o��oss in vaiue. Any ba�.ance sha11 �e paid to Borrawer, <br /> In th�e��nt of a partia��aking, destruct��n, or loss in�a�ue�f�he Property in whi�h�he fa�r market value of <br /> the Proper�� immed�ate�y before the par�ia� �aking, destruc�ion, �r�ass �n valu��s�ess than the amaunt of the <br /> surns secur�d immed�ately befare the par�iai �ak�ng, destru���on, or�oss �n �a�uey �.�.�1�e55 B��'O�V�Y'aTl(� <br /> Lender oth�rw�s�agree�n writing, �h�Miscel�aneous Proceeds shall be app�ied ta �he sums secured by this <br /> Securi�y�nstrumen�whether or not the sums are�h�n due. <br /> �f the Praper�y is abandoned by Borrow�r, or�f, after notice b� Lender to Borr�vver tha�the�ppos�ng Par�� <br /> �as�ef�n�d �n�h�nex�ser�t�nc�} affers ta mak�an a�ard ta se��l�a clatm far damages, Barro�v�r fa�ls�o <br /> respond ta L�nder within 3�days af�er the da�e th�nfltice�s gx�en, Lender is au�horized t� collect and apply <br /> the Mxs�ellan�ous Proceeds �ither�Q restoration or repair af the Proper�y or to �he sums secured by this <br /> Securi�y Zns�rumen�, whether or not�hen due. "�ppasing Party" means the�h�rd par��r tha�owes Barrnv�er <br /> Misce�iane�us Proceeds or the par�y against wh�m Borrow�r has a right af actian�n regard to M�sc��lan�ous <br /> Pr�ceeds. <br /> garrovwer sha.��be in defaul� if an� act�on ar pro�eed�ng, v�hether civil or�rim�nal, is b�gun that, �n Lender's <br /> judgment, �ou�d result in forfei�ur�of th�Prop�rty ar other mat�rial impa�rment of Lender's interest in the <br /> Pr�perty�r righ�s under this Security �ns�rument. Barrower can cure su�h a defau�� and, if accelerat�an has <br /> occurr�d, re�nstate as pro�ided �n Section 19, by causing the acti�n�r pr�ceeding �a �e dismissed v�ith a <br /> rul�ng that, in Lend�r's�udgment, prec�udes forfei�ure nf�he Prop�rty or other material �mpairment of <br /> Lender's interest in�he Pr�per�y or rights under this S�curi�y Instrument. The pra�eeds of any av�ard or <br /> claim for damages�ha� are attr�butab�e ta the impairment af Lender's interest in�he Proper�y are hereby <br /> assigned and shall be paid to Lender. <br /> A�1 M�scel�an��us Proc�eds that ar�no� app�ied ta restaration ar r�pair of�he Praperty shall be app�ied zn the <br /> ord�r providecl for in 5ec�ion�. <br /> NEBRA5KA-5in�le�amily-�annie MaelFreddie Mac UNIFDRM INSTRUMENT Form 30Z8�1�� <br /> VMP� VMP6�N�y t�3Q2� <br /> Wa�ters K luwer�inancial Ser��ces Page 1 D vf 17 <br />