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2� 1 ��� 12� <br /> sa��sfact�an, provided tha�such inspection sha��be und�r�aken prompt�y, Lender may pay f�r�h�repa�rs <br /> and r�staration in a singie disbursement or �n a s�ries of pra�ress paym�n�s as the vvark is comp�e�ed. <br /> Unl�ss an agreement is made in wri�ing or App��cabie Law require� int�rest ta be pa�d on such <br /> M�scellaneous Pro�eeds, Lender shall na�be required ��pay Borr�u�er any �nterest ar�arn�ngs�n such <br /> Misce�la�a.e�us Pra�eeds, If the rest�ration nr repa�r�s n�t e�onamica��y feas�b�e or Lender's security would <br /> _ �e�ess�ned, �he M�sG�l�aneaus Proceeds sha�� be app�ied t�the sums secured by t�a�s Secur�ty Instrument, <br /> � whether ar nn��hen due, w�th �h�excess, �f any, paid to Bflrro�v�r. Such M��cellaneous Proceeds shai�b� <br /> app���d in the Qrder pro��ded for in S���ion 2. <br /> �n t�ae e�en�of a total ta�c�ng, destruction, �r loss�n va�ue of the Praper�y, the N�zs����an�aus Proc�eds shal� <br /> b�appiied t�the sums s�cured by th�s Secur�ty �ns�rum�.en.t, wheth�r or no�then due, with the excess, �f an�, <br /> pai���Bo�rawer. <br /> �n the event of a partial taking, d�s�ruction, or Ioss in vaiue�f the P�oper�y in whi�h �h�fair marke��ra�u�af <br /> the Property imm�diately before the par��ai taking, d�s�ruction, nr�oss �n�a�ue xs equa��o or greater than the <br /> am�unt of�he sums s��ur�d by this S�cur��� �nstrument�mmedia�e�y b�for�the par��al �aking, de��ruc�ion, ar <br /> loss in�alue, un��ss Bnrrower and Lender otherwise a�re�in�vrit�ng, �he�ums secured by th�s 5e�uri�y <br /> �nstrumen�sha��be reduced�y �he am�un��f the IViiscellaneous Prac�eds multip�ie�by�he follov�ing <br />� - fractian: �a} the total amount of th�sums secured immed�ately befare the partial taking, des�ruct��n, ar�ass <br /> in value divided�y �b} the fair marl�et valu�of the Property immediat��y before the par��a� �ak�ng, <br /> destruct�on, ar I�ss in�a�ue. Any balanc�shali be paid�fl Borrower. <br /> �n�he ev�nt af a par��a� �ak�ng, d�s�ruct�on, or loss in value of the Praper�y �n v�hich the fair marke�vaiue af <br /> the Proper�y �mmediatel�befare the par�ial taking, des�ruction, or Ioss in value is less than�he amount of the <br /> �ums secured immediateiy before�he par�ial �aking, destruct�on, �r I�ss in value, unless Borrower and <br /> Lender ath�rwise a�ree in�riting, the M�s�e�laneous Proceeds sha1l be applied�o the sums s�cured by thas <br /> Securi�y �nstrument�vhether or not the sums are�hen due. <br /> �f the Proper�� is abandoned by Borrotiver, �r if, after notice by Lende�to Barr�wer that the t�ppasing Party <br /> �as d�f�ned �n the next sentenc�) affers to make an a�vard t� set�le a claim for dama�es, Borro�ver fa��s �o <br /> respond to L�nder within 30 days after the date the not�ce is giv�n, Lender is au�horized to co�iect and app�y <br /> the Mi�celian�ous Pr�ceeds either to restorat�on or repa�r af the Property or�o the sums secured by th�s <br /> Se�urity �nstru�nent, �hether or not�hen due. "�ppaszng Paz��r" means the �hird party that ov�es Barrower <br /> M�sce�Ianeous Pr�c�eds or�he party aba��st vvhom Borr��ver has a r�ght af acti�n in r�gard ta M�sce��anetius <br /> Proceeds. <br /> Borrower shail b�in�efauit �f any a�:tion or proceeding, whether�ivil ar cr�mina�, �s begun that, in Lender's <br /> judgm�nt, c�utd resul� �n forfe�ture of the Proper��ar o�her mater��i �mpairmen�of Lender's in�eres� �n th� <br /> Property�r rights under th�s 5ecur�ty �nstrument. Barrotiv�r can cur�such a default and, if a�Ce��rat��n has <br /> oc�urr�d, re�nsta�e as pro�ided i�Sec�ion �9, by causing th�act�on or pr����ding to be d�sm�ssed wi�h a <br /> � ru��n�that, �n L�nder's judgment, �recludes forfeiture of�he Prnper��ar other materia� impairm�n�af <br /> L�nder's in�erest in the Pr�perty �r righ�s under th�s Secur��y �nstrument. The pr�ceeds of an� award or <br /> cla�m f�r damag�s that are attrxbutabl�to the�mpa�rment af Lender's interest �n�he Proper�y are hereby <br /> ass�gned and shal��e paid�o Lender. <br /> All Misceilaneaus Pra�eeds that are nat applied�o r�stnrat�an or r�pa�r af�he Proper�� sha�l be applied in the <br /> � nrder provid�� fnr�n�e�t�nn 2. <br /> NEBRASKA-Single Famity-�annie MaelFreddie Mac UNIFORM INSTRUMENT Farm 3D�8 21�'I <br /> VMP� VMP64N��t�3a2� <br /> Wvlters Kluwer Financia�5er�ices Page 1 Q of 17 <br />