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2� 1 ��7943
<br /> sa�xsfact�on, pro�id�d�hat such inspectian sha�l be undertak�n prom.pt�y. Lend�r may pay f�r the repairs
<br /> and rest�rati�n in a single disbursemen�or�n a s�ries of prflgress�aynlents as th�vc�ork�s comple�ed.
<br /> Un��ss an agre�men� is ma�.e in wr�ting or Appli�ab�e Lavv requires int�res�to�e paid on such
<br /> N�isc�Iianeous Praceeds, Lender sha�� n��be required to pay Borrower any int�rest ar earn�ngs on su�h
<br /> Misce�Ian��us Pr�ceeds. If th�res�aratz�n or r�pair��not��on�muca��y feasible or Lender's securi�y wou�d
<br /> b��e�sened, th�Miscellaneou� Pr��e�d�sha�l be applied�fl �he sums secured by this Security �n�trument,
<br /> wheth�r or not�h�n due, with the excess, zf any, paid ta Borr�wer. Such M�scellaneous Pr�ceeds sha��be
<br /> appl�ed in�h�order provided for�n Sect�on 2.
<br /> In�he event of a�ata� taking, des�ruct�on, ar�ass in value of�he Proper��, the M�sce��aneaus Pr�ceeds shall
<br /> be app��ed t��he sums�e�ured by �h�s Secur�ty �ns�rument, wh�ther ar no�then due, w��h �he�xcess, if any,
<br /> pa�d�o Borr�wer.
<br /> �n the�vent of a par�ia�.tak�ng, destruction, ar�flss in value of the P�op�rty in�vhzch the fair marke�va�.ue of
<br /> the Property zmmediate�y before�he par�ia� �akzng, d�s�ructi�n, ar lass �n value is equa� ta�r�reater�han the
<br /> amaunt of�he sums secured by this Secur�ty Instrumen� �mmed�a�ely�efore the partial �akzng, destruc�ion, or
<br /> loss in�a1ue, un�ess Borro�ver and Lender oth�rwis�agree zn wr���n�, the sums secured by �h�s S�cur�ty
<br /> Instrum�n� sha��be reduced by�h�amnun�of the Misc�I�ane�us Prfle�eds mui�iplied by the fo��owing
<br /> frac�ion: �a}the to�a� amoun�af t.he sums se�ur�d immedia�ely before�he partia� taking, destruc�ion, or lass
<br /> in value divided by�b} �he fair marke�va�ue of the Property immed�ate�y before�he partial taking,
<br /> destruction, or iass�n�raiue. Any baZanc�sha�.�be pa�d�o Borrawer.
<br /> �n the�Went af a:pa.r��a� �aking, des�ruction, or�oss�n�value of the Property�n vvh�ch the fair market va�ue of
<br /> the Property imm�.ia�tely hefore the partia� taking, C�.�St�UCt1411, �r�oss in�alue is less�han �he amount of the
<br /> sums s�curec�im�m�dia�ely before the partial taking, des�ruct�on, ar�oss �n�a�u�, unless Barr�wer and
<br /> L�nder o�h�r�vise agree tn wrxt�ng, the M�sCe��aneous Proceeds shall b�app��ed to th�sums seeur�d b� this
<br /> Security �nstrumen�whe�her or ri�� �he sum� are�hen due.
<br /> �f the Propert�r �s abar�.doned by Borrawer, �r if, af�er noti�e by L�nder to Borrow�r�hat�he�pposxng Par�y
<br /> tas def�ned in�h�nex�sent�nce} off�rs t�make an award t� s��tle a��aim for damag�s, BorraWer fai�s to
<br /> resp�nd�o L�nder w�thin 3�days after the da�e�he notice �s g�v�n, Len�er xs au�horized to col�ect and app�y
<br /> the MisCellaneaus Proc��ds���h�r�o res�arat�on or repair of the Property flr�o the sums secured by this
<br /> Security Znstrumen�, �vhether or no�th�n du�. "�pposing Par��" means the third par�y that awes Borr�w�r
<br /> N��s�e��aneous Pr�c�eds�r�he par�y against whom Borrower has a right�f action in regard t� Mxscel�ane�us
<br /> Proc�eds.
<br /> Borrower sha.�l be in d�fault�f any action ar proceeding, ��a��her Cx��� or cr�minal, i� begun�ha�, zn L�n�i�r's
<br /> judgmen�, cou.ld resu�t in forfeiture of th�Prnpert�or��her�nater�a� �mpairment�f L�nder's �nterest in the
<br /> Prop�r�y�r rights under this Security �nstrum�nt, Borrower can�ure suc�a defau��and, if accel�rat��n has
<br /> occurred, reinstate as provided in Sect�an 1.9, by causi�g the action�r proceeding t�be dismissed�r��h a
<br /> ru�zng�ha�, in Lender's�udgment, pr���udes forfei�ure af the Proper�y�r ather�mater�a� �mpa�rment af
<br /> Lender's znteres� tn the Prop�r�y ar righ�s und�r th�s Security�nstrument. Th�proceeds af any av�vard or
<br /> claim far damages tha�are attr�bu�abl��� �he impa�rmen�of L�nder's �nteres�in the Property are hereby
<br /> assigned and sha�l be paid to Lender.
<br /> All Miscel�ane�us Proceeds that are nat applied to res�aratz�n ar repaxr of�h� Praper�y shal� b�a�plied in�he
<br /> ard�r provided far xn Sec�ion Z.
<br /> N�BRASKA-Single Family-Fannie MaelFreddie Mac L1NIFflRM INSTRUMENT Farm 3�28 1101
<br /> VMP p VMPfi{NE){�3p2f
<br /> Wolters Kluwer Financial Ser�i�es Page 1 Q❑#17
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