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2� 1 ��723 by this Security Instrument,whether�r not then due,with the excess, if any,paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order pro�ided for in Section 2. In the e�ent of a tota.�taking, destru��i�n, or Ioss in value of the Property,the Miscellaneaus Proceeds shall be applied to the sums secured by th�s S ecurity Instrument,whetrier or nat then due,With the excess, if any,paid to Borrawer. In the e�ent af a partial taking,destruction, or loss in value af the Property in which the fair market value of the Property immediately before the partial taking, destruction,ar�oss in value is equa�to �r greater than the amount of the sums secured by this Security Inst�ument immediate�y befor��he partial taking, dest�uction,or loss in�alu�,unless Borro�ver and Lender otherwise agree in wr�ting, the sums secured by�his Security Instrument sha�1 be reduced by th�amount of the Miscellaneous Proceeds multiplied by the fallovving fracti�n: �a}the tota�amour�t of the sums secured in�med�ate�y before th�partial tak.�ng,destruction,or loss in value divid�d by(b}the fair market value�f the Property immediate�y befare the�axtial ta.ki�g,destruction,or�oss in�a1ue. Any ba�ance shall be paid ta B orr�wer. In the�ven�of a partial tak.ing, destruction,or�oss in value�f the Property in which the fair market valu�af�he Praperty immediately before�he partial taking, destruction, or loss in valu�is less than the amount af the sums secured imrnediately b�f�re the partial taking,destruct�on, or��ss�n va�ue,unless Borrawer and Lender otherwise agree in wri�ing,the Miscel�aneous Proceeds sha�l be applied to the sums secured by this Securaity Instrument whether or n�t the sums are tlien du�. If the Property is aband�n�d by Borrawer,or if, aft�r notice by Lender to Borrower tha�th��pposing Party(as defined in the ne�t sentence]offers to make axi award�o settle a claim f�r damages, B�rrc�wer fails ta respond�o Lender within 3U days after the date the not�ce is gi�en,Lender is authorized to colle�t and apply the Miscellan��us Proceeds either to res�arati�n or repair of the Proper�y or to the surns secured by this Security Instrument,whether�r n�t then due. "�pposing Pa�ty"means the�hird party that ovves Borrower Miscellaneous Proceeds or the party against Wh�m Borrower has a right of action in regard�o Misce�laneous Proceeds. Borrow�r sha��be in default if any ac�ion or proceeding,whether civil or crim�nal,is begun t�iat, in Lender's judgment, could result in forfeiture of the Proper�y or other material i.mpairmen�of Lender's interes�in the Property or rights under this Security Instrument. Borr�wer�an cure such a default and, if acceleratian has occurred,reinstate as pro�ided in Sect�on 19,by causing the action or proceeding to be dismissed Wit�a ruling that, in Lend�r's judgrnent,precludes farfeiture of the Praperty�r other materia�impa�rment�f Lender's interest in�he Pro�erty or rights under this Security Instrument. The proceeds of any avvard or claim for darnages that are attributable ta the i.mpairmen�af Lender's in�erest �n the Property are h�r�by assigned and shall be pa�d to Lender. All Miscel�aneous Proceeds that are nat appli�d to restoration or repair of the Property sha11 be applied in the order provided fnr in Section 2. '12. Borrower Not F�eleased; F�r�earance By Lender Not a INai�er. Extension of the t�me for payment or modif�cation of amortization of�he sums secured by this Security Instrurnent granted by Lender to Borrawer or any Successor�n In�erest of Borrower shall no�operate to release the liability�f Borrower�r any Successors in Interest of Barro�ver. Lender shal�not be required ta comm�nce proceed�ngs against any Successar in In�erest of Borrower or�o refuse to extend time for payment or otherwise mad�fy amortization of the sums secured hy�his Secur�ity Instrumen�by reason af any demand made by the original B�rrower or any Successors in In�erest of Borrower. a � ; I ao�5rr4as� NEBRASKA-Single Fami�y-Fannie MaelFreddie Ma�UNIFQRM INSTRUMENT Form 302811�1 VMP� �412Q1 fi � Woiters Kluwer Finanaal Services 2�1 fi09231 fi.1.3.3fi�1-.�2Q9 fiQfi1 fiY Page 10 vf 1 fi