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2� 1 ��7432
<br /> sa��sfact�on, pro�ided tha�such inspe�t��n sha�� be under�aken pro�mpt�y. Lender may pay for th� repa�rs
<br /> and res�flrat��n in a stngle d�sbursement�r in a ser��s of progress payrnents as th�work is completed.
<br /> Unless an agreement�s made�n wr�ting or App�icab�e Law r�qu�res interest to be paid an such
<br /> M�sce��aneaus Pr�ceeds, Lender shat�nat be r�quired�o pay Borrower any interest or earnings�n such
<br /> N��scel�aneous Proceeds. �f the restoration ar repair�s na�econnmicall�feasib�e�r Lender's secur�ty would
<br /> be�essen�d, the M�sce�lan��us Proce�ds shall be app�ied�fl�he�ums s�cured by this Security Ins�rument,
<br /> wheth�r or not�hen due, wi�h th�exc�ss, if any, paid ta Borrovver. Such Miscellaneous Froceeds shal� b�
<br /> app�ied in the order pravided for in Section 2.
<br /> �n th�event of a tota� �ak�ng, destruGt�on, �r�oss �n�a�ue flf the Praper�y, �he M�s�e�lan�aus Pr�ceeds shal.�
<br /> be applied�o the sums se�ured by this S�cur�ty �nstrum�nt, wh��her or nat�h�n due, vv�th ��ie e�cess, if any,
<br /> �aid�o Borrower.
<br /> �n the event af a par�ial taking, destruc�ian, or�oss �n value of�he Prap�r�y in which the fair market�a1ue of
<br /> the Property �mmedia�e�y before the par�ial taking, destruc��on, or loss i�.value�s equal �Q or greater than the
<br /> amaunt of the sums secured b��his Security Ins�rurnent immediateiy before the partiai �aking, des�ruction, or
<br /> �ass in value, un�ess B�rrawer and L�nder atherw�s�agree in writ�ng, the sums secured by this Security
<br /> �ns�rum�n�shall b�reduced b�the am�unt�f the Miscei�aneous Proce�ds mu��ip��ed�y the fallo�ving
<br /> fra�t�an: �a}�he tota� amaunt af the�ums secur�d�mm�d�at��y hef�re the par�ial taking, des�ruction, or loss
<br /> in va�ue divided by �b} the fair market value af�he Pr�p�r�y �mrnedia�ely before the part�al taking,
<br /> des�ruct�on, or loss in value. Any ba�anc�shall be pa�d�o Borrower.
<br /> �n the event of a par�ial taking, d�stru�ti�n, or�o�s in�ra�u�of�he Prop�r�y in which the fa�r market value of
<br /> the Pr�perty immedia��ly befor�the partza� taking, des�ruction, or�oss in vaiue is Iess than the amaun�af�he
<br /> sums secured immed�a�ely bef�r�the part�al �ak�ng, destru�ti�n, �r�oss in va�ue, unl�ss Borro�er and
<br /> Lend�r o�herwis�agree in writing, the Mis�el�ane�us Pr�ceeds shall b�app�ied�a the sums secured by this
<br /> Secur�ty �nstrument whether or nat the sums are then due.
<br /> �f the Prop�rty is abandoned by Borra�er, �r�f, af�er no�i��by Lend�r to Borrower that the�pposing Party
<br /> �as de�ned in��e next sentence} �ff�rs t�mak�an award ta sett��a��aim for damages, Borrow�r fa�ls t�
<br /> respond�o L�nder within 3D days af�er the date�he nfltice is g�ven, Lender is au�hor�zed�o colle�t and apply
<br /> the Misce�Ian�aus Praceeds either�o restoratian ar repair of�he Pr�per�y or ta the sums secured by this
<br /> Securi�y Ins�rument, whether ar not�hen du�. "�pp�sing Party" means �he�h�rd par�y that aw�s Barrav�er
<br /> Mzsce��aneous Pr�ceeds or�he party agains�whom B�rrov�er has a r�gh�of ac�ion in regard�o M�sce��ane�us
<br /> Proceeds.
<br /> Borr�w�r sha�� be �n defaul�if any a�tion or proceeding, whether ci��l ar crim�na�, is begun�hat, �n Lender's
<br /> judgment, could r�su�� �n forfeiture nf the Proper�y or o�her ma�erial impa�rment�f L�nder's zn�erest in�he
<br /> Proper��or�ights und�r�h�s S�cur���r �ns�rument. Borrower can cure su�h a defau�t and, �f accelera���n has
<br /> occurred, reins�ate as pro��d�d in Sec��on �9, b�causin�the ac�zon or proc��ding�o be dismuissed with a
<br /> ruling that, �n Lender's�udgment, prec�ud�s farfe��ure of�he Froper�y or a�her ma�eria� impairment of
<br /> Lender's in�eres� xn�he Property or rights u�der th�� Secur�ty�nstrum�nt, The pro�e�ds af any award or
<br /> c�aim f�r damages �ha� are at�r��utabl�t� �he impairm�n�of L�r�der's �n�erest in�h� Proper�y are hereby
<br /> assigned and shall be paid t� Lend�r.
<br /> A1� MisCellaneous Pr�ceeds tha�ar�no� applxed ta restoratiari ar repazr of the Property sha�� be applied �n the
<br /> arder pr��ided for in Sect�on 2.
<br /> N�BRASKA-5ingfe Fami[y-F�nni�Mael�reddie Mac UNIF�RM lNSTRUMENT Form 3�28�1a1
<br /> VMP Q VMPfi�NE){13�2j
<br /> Wolters K luwer Financial Servic�s Page 1 Q�f 17
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