2� 1 ��8� 15
<br /> satisfaction, prov�d�d tha�such�nspect�fln sha��be und�rtaken promp��y. Lender may pay for the repairs
<br /> and re�toratian�n a s�ng�e d�sburs�ment�r�n a s�ri�s of pro�ress payments as the wor�is�omple�ed.
<br /> Un�ess an agreemen� �s mad� �n wr�t�n�nr App��cable Law re�uir�s interes�ta be paid an such
<br /> Miscellaneaus Pro��eds, L�nder sha�l no�be re�u�red to pay Borrovver any int�rest or earnings on such
<br /> Misce�ianeaus Pr�ce�ds. �f the restorat�nn or repair is not ecan�micali� feasib�e or Lender's securit�w�uld
<br /> be Iessened, the Mzsc���ane�us Praceeds�hal�be appl�ed ta�he sums secured by thi� 5ecuri�y �nstrument,
<br /> whether or no�then due, with the excess, if any, paid ta Barravv�r. Such M�scellaneous Pr�c�eds sha11�e
<br /> app���d �n the order provided far in Section�.
<br /> �n the event of a tatal taking, destru�t�nn, or��s� �n�a�ue of�he Praper�y, the M�scellaneou� Proceeds shali
<br /> �e appiie�ta the sums secured by this Secur��y �nstrument, whether ar not then due, with the e�cess, if an�,
<br /> paid �a Borr�w�r.
<br /> �n the even�of a par�ial �a.�ing, destruct�an, or i��s in value of�he Praper�y in wh�Gh the fa�r market�a�ue of
<br /> the Fraperty immediatel� bef�re th�partial �aking, de�tru�t�an, �r�oss �n�a�ue zs equal tfl�r greater�han the
<br /> amount�f�h�sums s��ured by this Securzt� �nstrurnent imrnediat��y b�f�re�he par�ial taking, destruc�ion, or
<br /> loss in valu�, unless Borrovv�r and Lender otherwis�agree in vvriting, the sums secured by this Security
<br /> �ns�rumen� sha��b�reduced by the amaunt�f the Miscellane�u,� Praceeds mul�iplied by the falla�ing
<br /> fraction: �a}the t�ta� amount of the sums secured irnm�diat�ly before the par�ial taking, d�struct�an, or�oss
<br /> �n value divided by �b}the fair market value of the Proper�y immediate�y�efare the par�iai tak�ng,
<br /> destruc�ian, ar 1o�s in value. Any ba�ance shall�e paid to Borrower.
<br /> In the even�of a par�ial tak�n�, des�ruct�on, or loss in va�ue of the Proper�y in which the fair market va�ue of
<br /> th� Property �mmed�atel��efor�the par�ial taking, de�truc�ion, or lo�s in value is��ss than�he amount of th�
<br /> sums secured immedia�ely befor�the par�ial taking, destructian, or lass in value, unless Borrower and
<br /> Lend�r otherwise agree in writing, the Misc�lian�ous Pr�ce�ds shaii be app��ed to the sums secured�y this
<br /> Security Instrumen��he�her or nat the sums are then due.
<br /> If the Property is aban�ane�by B�rrn�er, or�f, after nat���by Lender t�Barro�er that the Upposing Party
<br /> �as defined�n�he next sent�n�e} offers to make an ati�ard to se��ie a�Iaim for damages, Borrower faiis to
<br /> r�spond�o Lender w��hin 3D days after the date the notice is given, L�nder is authorized to ca�iec� and app�y
<br /> the M�s�e��aneous Proceeds either�a restoratian or repair of the Property or to the sums se�ured by th�s
<br /> S��urity Instrumen�, v�hether ar not then due. "�ppos�ng Part�" mean� �he th�rd party�h��ow�s Borzower
<br /> Miscellaneaus Pr�ceeds or the par�y again�t whom Borrow�r has a r�gh�of act�on in regard ta Misc��laneaus
<br /> Pro��eds.
<br /> B�rrovver shal� b� in defau�t if an� action or praceeding, whether ciW�i ar crirnina�, is begun that, in Lender's
<br /> judgmen�, cou�d r�su�t in forfeiture�f�he Proper�y or other material impairmen�af Lender's int�res��n the
<br /> Pr�per�y ar right�under this S�curity Ins�rument. Borrower can cure such a d�fau�t and, if acce�erat�an has
<br /> occurred, reins�ate as prov�ded in S�ction �9, by caus�ng the act�on�r proceed�ng to be d�sm�ss�d wi�h a
<br /> ruling�ha�, in Lender's�udgment, prec�udes forfe�ture af�h� Property or oth�r material irnpairment�f
<br /> Lender's interest in the Property ar r�gh�s und�r th�s Security Ins�rum�nt. The praceeds of any award or
<br /> c�aim for damages tha�are attributabl�t� �he impairm�nt of Lender's int�rest in the Property are her�by
<br /> asszgn�d ar�d shall be paid t� L�nder.
<br /> All Miscellaneaus Proceeds that are not appl�ed to res�ora�z�n or repair of the Prap�r�y shall be applit�.in�he
<br /> ord�r provid�d for in Section 2.
<br /> N�BRASKA-Singfe�amify-�annie MaelFreddie Mac UNIFDRM INSTRLIMENT Farm 3D28 11D1
<br /> VMP� VMP6qNEi f13a2)
<br /> Wolters Kluwer Financia�5er�i�es Pac�e 1 Q a#17
<br />
|