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2� 1 ��7935
<br /> sa��sfaetion, provided�hat such inspec�ion shall be undertaken prarnpt�y. L�nder may pay far the repa�rs
<br /> and restoration in a sing�e d�sbursement or in a s�ries of progre�s paym�n�s as the��rk�s�om.p�et�d.
<br /> . Un�ess an agreemen� is made in writing or Applicab�e Law requires inter�st��be paid�n such
<br /> Miscei�aneous Praceeds, Lender sha�l not be requ�red ta pay Borrower an�r interes�or earn�ngs on such
<br /> M��cellane�us Proceeds. If the restoratian or repair is not�conamical�y feasible or Lender's secur�ty wou�d
<br /> �e lessened, the M�sce��aneous Proceeds shall be appiied to the sums secured by this Secur��y �nstrument,
<br /> whether�r not then due, w�th th�e�cess, �f arty, pa�d�a Bnrrower. Such Mis�ellaneaus Praceeds shall be
<br /> app���d �n the arder pr��ided for�n Secti�n 2.
<br /> In the e�ent of a tntal taking, destruction, or 1os�in�alue of�he Pr�p�rty, the N�zse���aneaus Pr�c��ds sha��
<br /> b�appiied t�the sums seCured by this S��urity Instrum�nt, whether or nat then due, with the excess, if any,
<br /> pa�d to Barrower.
<br /> �n the ev�nt af a par�ia� �aking, des�ru��ian, or Ioss in value�f�he Pr�per�y �n wh��h�he fair market value�f
<br /> the Praper�y imm�diate�y b�fare the par�iai taking, d�s�ructian, or loss in va�ue is equa� ta�r grea�er�han�he
<br /> amaun��f�he sums secured b�r this�e�urity Instrument immediately before the partial �aking, destruc�i�n, or
<br /> Ioss �n�a�ue, unless B�rrawer and Lender atherwise agree�n wri�ing, the sums secured by this �ecurity
<br /> �ns�rum.ent shall b�reduc�d b�r�he amount�f�he M�sce��aneaus Proceeds mul�iplied by the following
<br /> fracti�n: �a} the to�a� amount of�h�sum.s s��ured imme�iate�y�efore the par��a� �aking, destruc�ion, ar l�ss
<br /> in value di�ided b� �b} �h�fa�r market�alue�f�he Property im�.n�ed�a�e�y befor��he part�al tak�ng,
<br /> destru���an, or�oss�n va�ue. Any ba�ance shal�be pazd to B�rr�wer.
<br /> �n�he��rent of a par�ial tak�ng, destruc�ion, or�os� in�a�ue�f the Praper�� in wh�ch the fair marke�va�ue of
<br /> the Proper�y immedia�ely before�he part�al taking, destruct�on, or��ss in�alue is less than the am�unt of the
<br /> sums �ecured immedia�ely before the partial taking, destruction, or loss �n valu�, un�ess Borrower and
<br /> L�nd�r otherw�se agree�n wr��ing, �he Mi��ellane�us Pra�e�ds sha�l be appiied�o the sums se�ur�d by th�s
<br /> Se�ur�ty �nstrumen�whether or not�he sums are then du�.
<br /> ��the Proper�y �s abandoned by Borra�er, or�f, after not�ce by Lender to Borrower that the�pp�sing Party
<br /> �as def�ned in the nex�sent�n�e} offers�o make an a�vard to sett�e a ciaim for damages, Barrov�er fails to
<br /> respand ta Lender w��hin 3a da�s after�h�date the no�ice is given, Lender�s authar�z�d to collec�and app�y
<br /> th�M�scei�an��us Proceeds ezther�o restaratifln�r repa�r�f the Praperty or�a�he sums secured by th�s
<br /> �ecurzt�r �ns�rument, �heth�r ar no�th�n due. "�ppos�n� Party" means the third party that owes Borr�v�v�r
<br /> M�scel�an�ous Pr�ce�ds�r the party aga�nst whom Borrower has a right af act�on in re�ard t� M�s�ellane�us
<br /> Praceeds.
<br /> Borro�er sha�l b�in default �f any action or pr�ceeding, whether ci�il�r cr�m�na�, �s begun�hat, in Lender's
<br /> judgment, cou�d resu�� in fflrfe��ure of the Prop�r��or other materia� �mpairment af Lend�r's �nter�st in th�
<br /> Prnperty or rights under this Secur��� �ns�rurnent. Barrower can�ure such a defau�t and, if acCel�ratian has
<br /> o�curred, reinstate as provided �n Section 19, by causing th� act�fln or pr�ceed�ng to be dzsm�ssed w��h a
<br /> ruling that, in Lender's�udgment, �r��ludes f�rfe�ture nf th�Pr�perty ar�t�er m�at�rial �mpairment�f
<br /> Lend�r's interest in�he Property �r r�ahts under this Securit� Instrument. The proceeds af any award ar
<br /> �Iaim for damages that are at�r�bu�ab�e t� the impa�rment�f Lend�r's in�erest in the Proper�� ar�hereby
<br /> ass�gn�d and sha�� �e paid�o Lend�r.
<br /> All MisC�ilaneous Praceeds that are not appli�d t� r�stora�ion or repair of the Proper�y shall be appiied in the
<br /> arder prov�ded for�n Sec��on 2.
<br /> N�BRASKA-5ingl��amiiy-Fannie MaelFreddi�Ma�UNIF�RM INSTRUMENT Form 3428 1IQ7
<br /> VMP[� VMPfi4N�)��3a21
<br /> Walters K�uwer�inan�ial 5er�ic�s Page 1 D❑f 7 7
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