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2� 1 ��54�5
<br /> sa��sfac��on, pr�v�d�d that such�nspect�an sha�� be undertaken prtimpt��. Lender may pay for�he repa�rs
<br /> and rest�ratifln �n a s�ngle disburs�men�or in a ser�es tif pro�ress paymen�s as�he work is completed.
<br /> tJnless an agreemen� �s made�n wr��ing or Appl�cabie Law requires in�erest to be pa�d on su�h
<br /> Miscellaneous Pr�ceeds, L�nder shall no�be requ�red�o pa� Borrou�er any interes�or earnings an su�:h
<br /> Miscelianeous Proceeds. �f the restarat�on or repa�r�s nflt econom�cally f�asib�e ar Lender's se�ur�ty would
<br /> be Iessened, �he Miscel�aneous Pr�ceeds sha�� be appi�ed�o �he sums secured by th�s Security �nstrument,
<br /> whe�her or not th�n due, with �he excess, �f any, pa�d to Barrower. Such N�zscellaneous Proceeds shall be
<br /> app�ied in th�order pro�ided for in Sect�on 2.
<br /> In the event of a�otal tak�ng, destruc�ion, ar Ioss in�alu�of the Praperty, �he N�iscellaneous Proceeds sha��
<br /> be applied to�he sums secured by this 5e�uri�y �nstrument, whether or not�hen due, v�ith the exc�ss, if any,
<br /> paid ta Borrower. -
<br /> �n the event of a par�ial taking, destruc�ian, or loss �n va�ue Qf the Proper�y in wh�ch�he fa�r marke��alu�of
<br /> the Property immediatel�bef�re�he partial taking, destruc�ion, or loss in vaiue is equa� to or greater than th�
<br /> amaunt af the sums secured�y�h�s Se�urity Instrument imm�diately befor�the partial tak�ng, destructi�n, Qr
<br /> loss in�alue, unless Borrower and Lend�r�therwise agree in writ�ng, the sums secured by this Se�ur�ty
<br /> �nstrument sha�I be reduced by the amoun�of the Miscel�aneous Froceeds multip�ied�y th�f�llowing
<br />. fract�an: �a} the tata� amount of the sums secured �mmed�at��y before the par��al�ak�ng, destructian, or Ioss
<br /> zn va�ue d���ded by �b} the �air mark��va�ue of the Prop�r�y zmmed�a�e�y b�for��he partial �aking,
<br /> destruetior�, ar I�ss in value. Any balance sha�� be paid ta Barrawer.
<br /> In th�event of a par��a� �aking, destruc�ion, �r loss in value of the Proper�y in vvhi�h the fair marke�value of
<br /> . the Proper�y �mmed�at���r before the partial taking, d�structi�n, �r Ioss in�vaiue is less than the amaunt of�he
<br /> sums se�ured immed�ately before�he par�ial tak�ng, destruction, flr loss in Walue, unless Borr�wer and
<br /> Lender ather�v�se agre� �n writing, the Misce�laneous Proceeds shal� be app���d�a the sums secured by this
<br /> Securi�y �nstrument vsrhether ar not th�sums are�hen due.
<br /> �f the Property �s abandoned b�B�rrower, ar if, after notice�y Lend�r to Barra�v�r tha��h�C�ppos�ng Par�y
<br /> �as d��ined in th�n�xt sentence} �ffers ta make an award ta settie a claim far damages, Borroti�rer fails ta
<br /> respond to Lender�v�th�n 34 da�rs after the date the noti�e is given, Lender is au�harized�o�ollect and appiy
<br /> the M�sce�laneous Proceeds e��h�r to res�orat�on or repair of the Proper�y or to �he sums secured by �his
<br /> Securi�y �nstrum�n�, �vhether or no�then due. "�ppQsin� Par�y" means the th�rd party tha�owes Borrnwer
<br /> M�sce�lane�us Proc�eds ar�he party against whom Barrower has a r�ght of action in re�ard�o M�scellaneaus
<br /> Proc�eds.
<br /> Borrotiv�r sha11 be in d�fau��if any a�ti�n or proceeding, ti�rhether civi� �r crimina�, is�egun�ha�, in Lender�5
<br /> �ud�ment, could resu�t in forfe�ture of the Property or ather materiai �mpa�rmen�af Lender'� int�r�st in�he
<br /> Proper�y�r ri�h�s under�h�s Security �nstrument. Boz�row�r can cure such a defau�t and, �f acceieration has
<br /> occurred, re�nstat� as pr�vided �n Sect�on �9, by caus�ng the ac�ion or proceed�ng t�b�d�smissed with a
<br /> ru�ing that, in Lender's judgment, pr�cludes forfe�ture of�he Property or�ther ma�eria� �m.pa�rment of
<br /> Lender's interes� �n th�Property ar rights under�his �ecurity �nstrumen�. The pracee�.s of any av�rard or
<br /> claim for damages that are a�tr�butabl�ta th�impa�rmen��f L�n�ier's int�rest �n the Prapert�ar�hereby
<br /> assigned and shal�be paid to Lend�r.
<br /> A�� Mis�e��aneous Proceeds �hat are not app��ed ta restorat�on or r�pa�r of the Property shal� be app�ied in the
<br /> ord�r pro�ided f�r in Section 2.
<br /> N�gRASKA-Singl�Fami{y-Fannie MaelFreddie Mae UNIFC�RM INSTRUMENT �arm 3�Z8 1I�1
<br /> VMP� VMPfi�NEf f 1302�
<br /> W�It�fS ICIf�IN�!'Fiilc�i'1Cf8I SE�ViG�S Page i 0 of 17
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