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2� 1 ��8282 <br /> by this Security Instrument,whether ar no��hen due,�ith t.�ie excess,if any,paid t�Borrower. Such <br /> Miscellanevus Praceeds shall l�e applied�n tlie order pravided f�r in Section�. <br /> In�h.e event af a tatal takin�,destruction,or lass in value of the Property,the Miscellaneous Proce�ds <br /> shal�be applied to the sums seeured by this Security Instrument,whether or not then due,with the <br /> excess,if any,paid to Borrower. <br /> In the event of a part�a�taking,destruction,�r�ass in value vf the Praperty in vvhic�i the fair market <br /> value of�he Property immediately before the partial tal�ing,destructian,or lass in va�ue is equal to <br /> or greater than the amaunt of the sums secured by t�iis Security Tnst�ru.mment imme�iiately befare the <br /> par�ial ta�ing,destruc�ion,or l�ss�n value,unless B�rrower and Lender�therwise agree in writing, <br /> the sums secured by�his Security Ins�rument shall be reduced by the amflunt Qf th�Mis�ellaneous <br /> Proceeds multiplied by the following fracti�n: (a}t�ie total amount of�the sums secured immediately <br /> bef�re�he pa�rtial taking,destr�uction,or loss�n value divi�ed by �b}�he fair marke��alue of the <br /> Proper�y immediately before the partial taking,destrucrion,or loss in value. Any ba�ance shall be paid <br /> ta Borrvwer. <br /> In�he event of a�artial taking,destruGtion,or�oss in value af the Property in whi�h�he fair market <br /> value of the Property immediately before the partial tal�ing,destruct�an,or loss in va�ue is less than the <br /> amount❑f the sums secured immediately bef�re the part�al taking,destxuction,or loss in value,unless <br /> B�rrov�er an�Len�er ot�ierwise agree in writing,the Miscellaneous Prviceeds shall be applied to the <br /> surns secured by th�s Security Ins�rument whe�her�r n�t the sums are�hen due. <br /> If�he Property is ahan�loned by B�rrower,or�f,�fter notice by Lender��Borrower tha�the�pposing <br /> Party (as defined in the next sentence)of�'ers t�make ar�award to settle a claim for damages,Borrower <br /> fails to resp�nd ta Lender wi�3 U day s after�ie date�he natice is gi�en,Lender is autharized to <br /> eallect and apply the Miscellaneous Praceeds e�ther to res�orativn or repair of the Property or to the <br /> sum s s�cured by�his Security�nstrumen�,vvhe�her or no�then due. "�pposing Pa�t�"means the third <br /> party that�wes Barrower Miscellaneous Prflceeds vr the par�y against v�hom Barr�wer has a right of <br /> a�tion in regard t�Miscel�aneous Proceeds. <br /> Borrower shall be in default if any actian ar proceeding,whether��vi��r crim�nal, is begun that,in <br /> Lender's judgm�nt,cauid r�sult i.n f�rfeiture af the Praperty or other material�mpairment vf Lender's <br /> interest in the Property or rights under this Security �nstrument. Bflrrawer can�ure such a default and, <br /> if accelerati�n has occurred,reinstate as pravided in Section �9,by causing the actian or proceeding <br /> to be dism�ssed with a ruling tlaat,in Lender's judgm�nt,pr�cludes farfeiture af th�Property vr ather <br /> materia�impairment�f Lender's in�erest in the Proper�ty�r rights under this Security Instrument. The <br /> . <br /> pro�eeds of any award ar claim for da�nages that ar�at�ributa�le tv t�ie impairment v�Lender`s interest <br /> in the Prvperty are hereby assigned and sha11 be paid to Lender. <br /> All Miscellaneous Proceeds that are nvt app�ied to restoration or repair�f the Property shal�be a�plied <br /> in the order provided for in Sect��n 2. <br /> �I�. B�rrow�r Nat Released; F�rbearance By Lender Nat a 1I�a��er. Extension af the <br /> time far payment ar modif�cati�n of amartization af the sums secured by this Security Instrument <br /> granted by Lender to Barrn�er ar any Su�cessor in Interest of Barrower shall nat❑pera�e to release <br /> the liabiiity of Borrav�er�r any Su�c�ss�rs in Interest of Borrower. Lender sha�I not be required to <br /> commence pr�ceedings against any Successor in Interest�f Borrower or ta refuse�o extend time <br /> for payment or otherv�ise madify amortization of the sums secured by this Security Instrument by <br /> reasnn of any demand made by the flriginal Borr��er�r any Su�cessors in Interes�of Borrower. <br /> $o2ss�sss� <br /> NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNiF�RM INSTRUMENT Form 3028�Iq� <br /> VMP�7 Dfi12�1fi <br /> Wfliters Kluwer Financial 5ervices 201fi�128�6.�.3.36�1-JZ�9fi4825Y Page iD of 17 <br />