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2� 1 ���583
<br /> �f the Property is damaged, such Miscel�ar�eous Proceeds sha11 be applied to restoration or repair of the
<br /> Proper�, if�the rest�ration or repair is ecanvmi�ally feas�ble and Lender's security is nat �essened. During such
<br /> repair and restoratian perivd,Lender shall ha�e the�igh�to hold such Miscellaneous Pxoceeds until Lender h�as had
<br /> a� opportunity tv inspect such Prop�rty tv ensur� the waxk has been completed to Lender's satisfac�tion, provided
<br /> that su�h insp��tiQn shall be under�aker� proxnptly. Lender may pay for the repa�rs and r�staration in a sulg�e
<br /> disbursernent ar in a s+�ries of progze�s payr�ents as the work is�orx�pleted. U�I��s�a�re�men�is made ir�v�riting
<br /> or App�icabl�Law r�quir�s�nter�st t�be paid�n such 1Vl�seellan.�ou�Proce�ds,L�nd�r sha11 nflt be r�quir�d to pay
<br /> Borru�ver any in�eres�Qr ea�rnin�s or�such�Ii�cel�aneous Pr�ceed�. �f the restora�ior�or repa�r is na�ecvnomically
<br /> feasible or��nder's�ecuuri�vvvuld�e l��sen�d,th�N�is�ellax�evus�'roceeds sha11 be applied to the sums secured by
<br /> this Se�ur�ty �n��rument, wh�th�r or n��t then du�, with the excess, i�any, paid to �3�rro�v�r. Such Mis�ellaneous
<br /> Proceeds�ha11 be applied in�he order pra�ided for in S�ction�.
<br /> In the e�ent of a tvtal taking,d�s�ructian,or lass i.n�alue of th��roperty,�he Mis�ellanevus Prviceeds sha11
<br /> be applied to the sums secured by this Secur�ty Instrument,whether or nat th�n due,w�th�he�xc�ss, if any,paid to
<br /> B orrawer.
<br /> �n the even�of a partia�ta.king,destruction,or loss in value of the Prop�rty in which th�fair market�a�ue of
<br /> the Property immediately before�he partia�taking,destruc��ar�,ar lnss in�a�ue is equa�t��r gr�ater than the amount
<br /> of the sums secured by th�s Security �ns�um�nt i.mmed��te�y b�fare th�partiai tak��, destructian, or loss in�al�ea
<br /> unless Borrower and Lender otherwise a�ree in writing, the sums seeur�d by this Security Instrument shall be
<br /> reduced by the amount of the Miscellaneaus Proc�eds multiplied by the followin.g fracti�n: �a}the tota�amoux��af
<br /> the sums secured immediately befoxe the partial taking, destruction, or�oss in�alue di�ided by �b}the fair market
<br /> �a�ue of the Propert�y imrx�ediately before the par�ial taking,destruetion,or loss in value. Any balance shall be paid
<br /> to B orrower.
<br /> In�he e�ent of a par�ial ta.king,destruction,or�oss�n value�f the Property in which�he fair market�alue of
<br /> the Property im.mediately�efore�he partial�aking, destructio�, ar lass in�alue is less than the amount of the sums
<br /> secured immediately bef�re the par�ial tak�.ng, destructi�n, or �oss in valu�, unless B�rrower and Lender otherwise
<br /> agree �n vWriting, the M�scel�aneous Proce�ds shall be a�plied �v the s�m.s s�cured by �his Secur�ty Instru�nen�
<br /> whether or not the sums are t�en due.
<br /> �f the Pr�perty is ab�a.daned by Barrow�r,or if,af�er notice by Lender to�orrower that the C]pp�sing Party
<br /> (as defined in�he next sent�nc�}affers to make ar��w�rd to settl��clairri for damages,�orraw�r�ails to respond to
<br /> Len�er within 30 days a�er�h�da�e th�n�tiee i�g���n,���d�r i�aut�i.ori�e�to co�le�t a�d apply the Misc���ar�eaus
<br /> Proceeds�ithex to restorat�on ar repair vf th�Property or�o�.he surr�s secured by t1�is S�cur�ty Instrum�n�,wh��her ar
<br /> not th.�n due. "�ppnsir�g F�r�y" me�s �ie thi�rd pa�y tha� o�ve� �orraw�r Misce�lan�ous F'raceeds �r �the party
<br /> agair�st whom Borrower has a righ��f ae�ion in re�ard t�Miscellar�eous Proceeds.
<br /> Borr�wer �ha�l b� in default if any acti�r� or pra�e�din�, whether ci��l or crimi.nal, is begun that, in
<br /> Le�der's judgment,�ould r�s�ult in fo�rfe�tur�Qf the Froperty vr��h�r ma�eri�,l i.mpair�en�of Lend�r's�nter�st in the
<br /> Property ar rigk�ts under �his Se�uri� Ir�s�er��. Borx�w�r c�n �u�re su�h a defaul� �d, i� �cce�er�ti+�n Y�a�
<br /> vccurred,reinstate as pro�id�d ir�Sectivn 19,b�causing the a�tion ur pro�e�d�ng tv b�d�s�i�se�wi�h a ruling�hat,
<br /> in L�nder's jud�rnent, precludes forfeiture of t�e Prvper�y or ather materia�l impairmen� vf L�.der's inter�st i.�t�e
<br /> Praper� or rights under �his 5ecur�ty Instrument. Th� prace�ds of any award ar clai�m far damages �hat are
<br /> attributab�e to the impai_rment of Lender's inter�st�the Property are hereby assigned a�d s�all be paid to L�nder.
<br /> All Miscellaneous Proceeds tha�are not applied to r�stora.tion or repair of the Praperty shal�be applied in
<br /> the order pro�ided for in Sectian 2.
<br /> 12. Borrawer Not Released; Forbearance By Lender N�t a Wai�er. Extension of th�tune for payment
<br /> or modif cation of amort�zation of�he sums secured�y t�iis 5ecuri�y Inst�ument granted by Lender to Borrower or
<br /> any Successar in Int�rest of Bvrrower sha�l n�t �perate to rel�ase the �iabi�i�y af Bvrrower or any Successors in
<br /> �nterest of Bvrr�wer. Lender sha11 not be required to commence pro�e�dings again5t any Suc�ess�r in �nterest of
<br /> BorrovWer or to refuse to extend t�.xne for payment or a�herwise modify amortization of the sums secured by 1�his
<br /> Secur�ty Instrument by r�ason of any demand made by the original Borrower ar any Successors in Interest of
<br /> Borrower. Any forb�arance by Lender in exercising any r�ght or remedy inc�uding, without limitation, Lender's
<br /> Nebra�ka Deed of Trust Singie Family F�nnie M�e1F�eddie M�e Uniform Instrument Farm 3�2811�1
<br /> MERS ModifiQd
<br /> The Cnmpliance Source,Inc. Page 9 of 14 Modified by Compliance S�uree�43�1NE U814D Re�.44�I3
<br /> www.c�mp�ianeesvurce.cam �ZQ00-�U13,Tt�e Compli�nce Souree,Iac.
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