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2� 1 ��58�8
<br /> satisfact�on, provided�hat su�h inspec�ian sha��be under�a�en pramp�ly. L�nder may pay far the repa�rs
<br /> a�d restorati�n in a sing�e disbu��exnen�ar zn a series of progress paym�nts as the wark is comp�eted.
<br /> Un�ess an agreem�nt �s mad� in wri�ing or App�icable Law requires interest to b�paid on such
<br /> M�sce��aneous Proceeds, L�nder sha��no�be r�quired to pay Borrawer any znt�rest or earnings on such
<br /> M�s�e��aneous Proceeds. �f th�r�s�arat��n or r�pair is not economical�y f�as�bl�or Lender's secur�t�wouid
<br /> be�essened, the Misc��lane�us Prflceeds sha�l be appiied to the sums secur�d b�th�s Security �nstrum�nt,
<br /> wh��her or not then due, w�th th�e�c�ss, �f any, paid ta Borrovver. Such Misce�laneous Pr�ceeds shail b�
<br /> app��ed in the arder pro�r�ded for�n Sect�on�.
<br /> �n the ev�n�of a total �ak�ng, destruction, or�flss �n value of�he Prop�rty, �he Misc�I�aneous Proc�eds sha��
<br /> be applied�o the sums secured by�h�s Secur�ty �nstrumen�, �heth�r or not then due, with th�e�cess, if any,
<br /> paid to Borra�ver.
<br /> In the�v�nt of a partial taking, destruc�ion, or�oss in value�f the Property in which �he fair market�alue of
<br /> the Prap�rty immediately befare th�par�ial tak�ng, des�ruction, or Iass �n va�ue is equa� to or greater�han th�
<br /> am�unt of the sums secured by th�s S��uri�� �nstrumen� immed�a�e�y before the par�ial taking, destructi�n, or
<br /> Ioss in va�u�, un�ess Borrower and Lend�r otherwzse agree�n wr�tzng, �he sums secured by�his Security
<br /> �ns�rumen�sha�� be reduc�d by the amount�f�h�N�isce��aneous Proc��ds mu�tip�ied hy the f���aw�ng
<br />� fract�on: �a} �he�fltal amoun�af the sums s��ured irn.medzatel�r b�for�the par��a� tak�ng, destruc�xfln, or�ass
<br /> �n va�ue di�ided by �b} the fair market va�ue�f the Proper�y imm�dia�e�y before the part�a� �ak�ng,
<br /> de��ruc��on, �r loss xn va�ue. Any�a�ance�ha���e paid�a Borr�wer,
<br /> �n the event of a partial taking, destruction, or loss in value of�he Proper�y in which the fair mark��va�ue of
<br /> �he Prop�rty �mmediately befare�he partia� �akin�, des�ruc��on, or lass �n value is less than the amount af the
<br /> sums s�cured �mmedia�ely�ef�re�h�partia� �ak�ng, destructzfln, or�oss in�alue, unless Borravc�er and
<br /> Lender oth�rwis�agree in wr�ting, �he Misc�lla�eous Praceeds shal� ��app��ed to th�sums secur�d by this
<br /> Se�urity �nstrum.en� whether or not th�sums are then du�.
<br /> If th�Property �s abandoned �y Barrow�r, or�f, af�er notice hy Lender�o Borrower that�he�pposing Par�y
<br /> �as defined in the nex�sentenc�} off�rs ta ma�e an avvard�� set��e a cla�m.for damages, Barrow�r fails �o
<br /> resp�nd�a L�nder wi�hin 30 days after the da�e�h�n���ce�s��ven, Lender is author�zed t�ca�lect and app�y
<br /> �he Mxscellan�ous Proceeds either t�r�storat�nn�r repair of the Proper�y�r�o�he sums secured b�this
<br /> �e�urit� �nstrument, whether or no��hen due. "�pp�sing Party" m�ans th�third party that ow�s Borrower
<br />� M�scellan��us Pr�ceeds ar the par�y against whnm Barrower has a right�f act�on in r�gard�a Miscellan�nus
<br /> Proceeds.
<br /> Borrov�er sha�l be in default if any a���on�r proc�edzng, whe�her c�v�� or crzmina�, �s begun�hat, �n Lender's
<br /> �udgment, could resuit in forfeiture of�h�Prop�rt�or other mat�ria� impa�rmen�of Lender's �n�erest�n th�
<br /> Pr�per�y or rights under this S�curi�y�ns�rumen�. B�rr�wer can cure such a default and, �f acc�l�ration has
<br /> �ccurred, reinstate as prov�ded in Sec�ion �9, by caus�ng the actio�or pro�eeding to b�dism�iss�d w�th a
<br /> ruling that, zn Lender's judgmen�, precludes forfexture��the Proper�y�r ath�r rnaterial impairmen�of
<br /> Lender's �nt�r�st in the Property�r rights und�r�h�s Se�urity�ns�rument. fihe pr��e��s af any au�ar�.�r
<br /> claim for damages that are attr��utable t�th��mpa�rmen�of L�nd�r'� �nter�st in the Prope�t� are hereby
<br /> assigned and shall be paid�o Lender.
<br /> A1� Misce�laneous Proc�eds �hat ar�not app��ed to res�ora�ion or repa�r of�he Property sha11 be applied in the
<br /> order prflv�ded for in Section�.
<br /> NEBRASKA-5ingle�amily-Fannie Mael�reddie Mac UNlF�RM INSTRUMENT Form 3028 11o1
<br /> VMP Q VMPfitN�)t13���
<br /> Wolters K�uwer�inancia#Ser�ices Page��af 17
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