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2� 1 ���� 15
<br /> satisfac��on, prov�ded �hat such insp�ct�on shal� be undertaken promp��y. Lender may pay for th�r�pairs
<br /> and r�storat�on �n a sing�e disbursemen�ar�n a series of pr�gr�ss payments as the work is comp�eted.
<br /> iJnle�s an agr�ement is made �n wri�ing nr Applicable Law requ�res interest to b�paid on such
<br /> M�sce�Ianeaus Pro�eeds, Lender sha�l not be r�qu�red �o pay Borrawer any �nter�s�or�arn�ngs on such
<br /> N���ce��aneaus Proceeds. �f�he rest�ration or repa�r is no�e�onom�ca��y feas�b�e ar Lender's security wou�d
<br /> be�essened, the Mis�elianeous Proceeds sha�� b�appi�ed to the sums secur�d by th�s Security �nstrument,
<br /> whether or n�t th�n du�, w�th the excess, zf any, paid�o Borr�wer. Such Miscel�aneous Pra�eeds sha�l be
<br /> app�ied in�he arder pr���ded fflr in Section�.
<br /> �n the even��f a to�ai �ak�ng, destruction, or loss in va�u�of�he Pr�perty, the M�s�e��aneous Proce�ds shall
<br /> be app�ied to th�sums s�cured by this�e�urity Ins�rument, whe�her ar not then due, v�r��h�he ex�ess, if an�r,
<br /> pa�d to Borrower,
<br /> In the e�ent of a par�ial taking, destru�t�on, ar loss in value of the Prapert�r in which the fa�r mark�t value of
<br /> the Praper�y �mmed�a���y before�he partiai taking, destruct�on, ar lass in va�ue�s equa� �o�r gr�ater than the
<br /> amaunt�f th� sums secur�d by this �e�urity �nst�ument immedia�ely before th�part�a� �aking, destructiQn, or
<br /> �flss in�alue, unl�ss Barrotiver and Lender oth�rw�s�agre�in�vr�t�ng, th�sums secur�d by this Securi�y
<br /> �nstrum�nt shall b�reduced by the amflunt�f�he M�sce��ane�us Praceed�muitip�i�d by the fo��owing
<br /> fract��n: �a} the�n�a� amaunt of the sums secured ixx�m�diately befare the partial �aking, deStruCti�n, �r loss
<br /> in�alue d�v�d�d by �b} ��,� fa�r marke�valu�af th� Prop�rty immediateiy bef�re the partial taking,
<br /> destruct�on, or�o�� in�a�ue. Any balance sha�� b�paid to Borr��ver.
<br /> �n the event of a partial tak�ng, d�struct��n, ar�os� in value of the Property in�vhi�h the fair mar�et value of
<br /> the Prapert�r immed�ate�y b���re the part�a� tak�ng, �iestru�t�on, or Iass in value is iess than�he am�unt of�h� ,
<br /> sums seCured zmmed�a�e�y before the partial taking, destruction, or loss in value, unless Borrower and
<br /> Lender o�herw�se agree�n wr�t�ng, the Miscel�aneaus Praceeds shal�be app�ied to�h�sums secured by�his
<br /> Se�ur�ty �nstrument wheth�r or nat �he sums are then due.
<br /> �f�he Praperty is abandoned by Borrower, or �f, after nat�c�by Lend�r to Borrower�ha�th��pposing Party
<br /> �as def�ned in �he next senten��} affers�o mak�an award to se���e a claim for damages, Barro�ver fa��s t�
<br /> resp�nd ta Lender w��h�n 34 da�s after�he da�e�h�n����e �s giv�n, Lender is authorized to callec� and apply
<br /> �he ��sce��an�ous Pr�ceeds e��her ta restora�ion ar repair af�he Pr�perty or t� the sums secured by �hxs
<br /> Secur�ty �nstrunnen�, ��hether ar not then due. "�pposin� Pa�-ty" means the third party that owes Borrotiver
<br /> Mi�ceiianeous Proce�ds�r the par�y a�ains���hom Borro�ver has a ri�ht�f act�an �n re�a�d to M�sce�ianeous
<br /> Proc�eds.
<br /> Borro�v�r sha�� b� �n defau�t �f any action or proc�eding, tivhether civ�l or cr�mina�, is b�gun tha�, �n Lender's
<br /> ju�bment, cou�d resul� in forf�iture of�h� Proper�y or ather rna�erial impairmen�af Lender's inter�st �n�he
<br /> Praperty or rights under this S��urity �nstrum�nt. Borrawer can cur�such a defaul� and, �f a�c�ieration has
<br /> occurr�d, reinstate as provided in Sect�on �9, by causin�the ac�ion or proce�d�ng to be d�snr�issed wi�h a
<br /> ruling that, in Lender's judgment, prec�udes forfe��ure of th� Property�r other mraterial im�a�rmen�af
<br /> Lender's interes� �n the Prflp�rty ar rights under�his 5ecurity �nstrum�nt, The pr�cee�s of any award ar
<br /> c�a�m f�r damages �hat ar�attributable ta �he impa�rment af L�n�ier's �nterest �n�he Proper�y are her�by
<br /> a�signed and shali b�pa�d t� Ler���r.
<br /> All Miscellaneaus Praceeds tha� are nat app��ed to r�s�orat�on or repair of th� Proper�y shall �e app�zed �n th�
<br /> order pro��ded for in Sec��on 2.
<br /> N�BRASKA-Single�ami�y-F�nni�Ma�l�r�ddie Mac UN1�4RM lNSTRLJMENT �orm 3028 1I�1
<br /> VMP� VMPB{NE�4'f 3�Z)
<br /> WoIters Kluwer Financia�5er�ic�s Page�Q af�7
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