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2� 1 ��8�72
<br /> satisfaction, pra��ded that such inspection sha��be�nder�aken prompt�y. L�nd�r rnay pa� for�he repa�rs
<br /> and restoration in a sing�e disburs�ment�r in a s�r�es of progress payments as �he work is��mp�e�e�.
<br /> Uniess an agr�emen� �s mad� �n wr��inb or App�icab�e Law requzres znter�s���b�paid on such
<br /> Miscellaneaus Pra�e�ds, Lender shall n��be requ�red tfl pay Borrower any znt�res�or�arn�ngs on such
<br /> Miscellaneous Pro�eeds, �f the res�orat�on or repair is n�t econ�mica��y f�as���e or Lend�r's se�urity v�au�d
<br /> be lessened, the Mis�e��aneous Pr�c�ed� shal�be applied to the sums secured by�hzs Securi�y Instrument,
<br /> whe�her ar not then due, Wl.�h t���7�C�55, �f an�, paid�� Bnrrower. Such Miscellaneous Pr�c�eds sha�� be
<br /> app�zed �n�he order pravid�d for in Sec�i�n 2.
<br /> �n the even�of a tatai taking, �iestruction, or�oss xn�va�ue of�he Proper�y, the Misce�ianeous Proce�ds sha�l
<br /> be app�ied�o�he sums s�cured by this Security �ns�rument, whe�her or n�t then due, vc�ith�he excess, if an.y,
<br /> paid�a B�rrovver.
<br /> In�h�even�of a par��a� �ak�ng, des�ructinn, �r loss in va�ue of the Pr�perty in vvhich�he fair marke�value of
<br /> the Property immed�ate�y bef�re the par��al taking, des�ruc�ion, or l�ss in�alue is equal �o or grea�er than�he
<br /> amoun�af th�sums secure�b� this S�cur��y �nstrurnent immediate�y befare�he par�ial taking, destructzon, or
<br /> �oss in value, unless Barrower and Ler��i�r otherwise agree in v�riting, �he sums secured by�his Secur��y
<br /> �ns�rumen� sha�� be r�duced by the amaunt of the M�scel�aneaus Praceeds mu�tiplied by the fa�iow�ng
<br /> frac�ion: �a} the tvta� amount�f the sums secur�d �mmed�ate�y before the part�a� taking, destruction, ar lo�s
<br /> in va�ue divided by �b} �he fair marke��raiue�f�he Proper�y�mmedia�eiy bef�r�the par��a� �aking,
<br /> destructi�n, nr lass in�a�ue. An�ba�ance sha�l be paid to B�rrow�r.
<br /> Xn the event nf a par�ial ta��ng, des�ruct�on, or�oss in�a1ue of the Proper�� in which the fair market�a�ue of
<br /> �he Proper�y immed�a�ely bef�re the par�ial taking, des�ruCt�on, or��ss �n�a�ue zs �ess �han th�amount of�he
<br /> sums secured imm�d�ate�y before the partia� taking, d�struc��on, �r�oss in va�ue, un�ess Borraw�r and
<br /> Lender o�her�vise agree in wri�ing, the Mzs���Iar���us Proceeds shall be app�ied ta the sums s��ured by this
<br /> Securi�� Ins�rument whether or na��he sums ar�th�n due.
<br /> If�he Property is abandon�d by Borrower, �r zf, after nati�e by Lender to B�rrawer�hat�he�ppos�ng Part�
<br /> �as detined in the n�xt s�ntenc��off�rs to ma�e a��war��o settle a c�ai�m far damag�s, Borrow�r fai�s t�
<br /> respond�o Lend�r�vithin 3D days after the da�e th� n�tice zs gi��n, L�nder is auth�riz�d �o collec�and app�y
<br /> the Misc���aneous Procee�s e��her��restorat�on or repair�f the Praper�y or���he sums secured b�this
<br /> Security Instrument, v�hether or not�hen due. "�pp�sing Par�y" means the�h�rd par�y that owes Barrav�er
<br /> M�sce��aneous Praceeds or the par�y. agains�whom Barrower has a right af acti�n in regard�o Miscellaneous
<br /> Pro�eeds.
<br /> Borrower sha�l be �n defaul�if an�action ar prflc�ed�ng, �hether c�v�� ar Gr�mina�, �s begun�hat, in Lender's
<br /> �udgment, cauld resu��in forfei�ure of�he Prapert� or other m.ateria� irnpa�r�m�n�af L�nd�r's interest in th�
<br /> Property or�ights under this Security �ns�rument. Barrawer can cure such a default and, if accel�ra�ian has
<br /> accurred, r�insta�e as pravzded zn Sec�zon 19, �y causing�he action or proceeding ta be dismissed with a
<br /> ru�ing that, �n Lender's judgment, prec�udes f�rfeitur��f�he Property�r other ma�erial impairment of
<br /> Lend�r's �nter�s� in the Proper�y or rights under th�s Securi�y�nstrumen�. The proce�ds of an� award or
<br /> �laim for damages �hat ar� attributabl�t� th� impa�rment�f Lender's �nt�rest in�he Proper��r are hereby
<br /> assigned and sha��be paid to Lender.
<br /> A1� Mzscel�aneous Proceeds �hat are not appli�d to res��rati�n or repair of the Property shall be applied in the
<br /> order pro��ded for in Sec��on�.
<br /> NEBRASKA-Single Family-Fannie Mael�reddie Mac UNIFORM INSTRUM�NT �orm 3Q2$1101
<br /> VMP� VMP6{NEy(1��2}
<br /> Wolt�rs Kluwer Financial 5ervic�s Pags 10 of 1 7
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