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2� 1 ��8413
<br /> satisfac�ion, pro�id�d�ha�su�h insp�ct�on sha11 be under�ak�n pronzptly. Lender nZay pay fnr�he r�pazrs
<br /> and r�s�ora�ian in a single disburs�ment or zn a ser�es of pragress pa�ment� a�the work�s camp�et�d.
<br /> Unless an agr��men� is made in writing or Appl�cab�e La�v requir�s intere�t to b�pa�d nn�uch
<br /> M�s�el�aneous Proceeds, Lender sha�� not be required to pa� Borro�v�r any interes�nr earnings�n such
<br /> Mzsce��aneous Proc�eds. �f�he re�taration or repa�r is nat eeanomical�y feasible nr Lender's security wou�d
<br /> be�essened, the N��s�e�lane�us Pr�c�eds shal�be applze���the sums secured by this Security �nstrumen�,
<br /> whether or n�t th�n due, w��h the excess, if an�, pa�d ta Borrow�r. 5uch Mis�ellaneaus Proceeds shall be
<br /> applied in the order provided far�n 5�����n 2.
<br /> it�th�event of a�otal taking, d�struct�on, or loss in value af the Proper�y, �he M�sce��ane�u� Pr�c�eds sha�1
<br /> b�ap��ied to�he sums secured by this S�cur��y�ns�rUment, whether ar no�then due, w�th�h�excess, �f any,
<br /> paid�o Borrawer,
<br /> In�he event of a par��al tak�ng, destruction, or�oss �n�a�ue of the Proper�y in which the fair mark�t value of
<br /> �h�Proper�y immediately�efor�the par��al tak�ng, destruc��an, �r Ios� in va�ue�s equa��n or�reater than�he
<br /> axnount af the sums seCured by this 5ecur�ty �ns�rument imm�diately before�he par�ia� �aking, destructi�n, ar
<br /> �oss in value, un�ess Barrawer an�i L�nder�therw�se a�ree in writing, �he sums secured b��his Secur�ty
<br /> �ns�rument shai���reduced by th�am�un�of the M�sce��ane�us Pra�eeds mu��iplied b�the following
<br /> fractian; �a} �he total amount of the surns se�ured immed�ate�y bef�re the par�ial taking, des�ruction, or loss
<br /> in�a�ue divided by �b}the fair market va�ue of�h� Praper�y imm.ed�ate�y before the par�ia� �al�in�,
<br /> des�ruct��n, or loss in value. Any balance sha�l be pa�d�a Borr�wer.
<br /> �n�he event af a part�a� taking, destruc�ion, or�ass �n value nf th�Proper�y in which�he fair market�a1ue of
<br /> the Property imrnediately bef�re�he par��al taking, des�ruc���n, �r��ss in�a�ue is less�han the amoun�of the
<br /> sums s�cured immediately bef�re�he part�a.l taking, d�struc���n, �r�ass zn va�ue, unless Borrotiver and
<br /> Lender oth�rwis�agree in wr�ting, the�i�ce��aneous Proc��ds sha�i be app��ed to�he sums secured by th�s
<br /> S�curity�ns�rument whether�r na�the sums are�hen due.
<br /> �f the Property is abandan�d by B�rr�wer, �r if, aft�r no��ce by Lender to Borr�wer�ha��he Qppos�ng Pa�ty
<br /> �as def�ned in�he nex�sentence} off�rs��ma�e an award to settle a claim for damages, B�rrow�r fa�ls t�
<br /> respond to Lender within 3�days aft�r the dat�the not�ce�s g�ven, Lender is authorized ta colleCt and app�y
<br /> the Miscel�aneous Praceeds either to restora��on or repair of the Propert�r or to the sums secured by this
<br /> Secur�ty Instrument, �heth�r or not then due. "�ppas�ng Party" means the�hird party�ha�ov��s Borrov�rer
<br /> Mzsc�l�an�ous Proceeds flr the party against whom Borrower has a r�gh�of ac�ion in regard to Misc�Zlaneaus
<br /> Pr�ceeds.
<br /> Borrower shall be in default if any action or prac��din�, vvhether civ�� ar�rimxna�, is begun that, in Lender's
<br /> jud�men�, cou�d re�u�t in forfeiture�f the Pr�perty or oth�r ma�er�a� impaiz�ment of Lender's �n�erest�n the
<br /> Proper�y ar rights under�his 5ecurity Instrumen�. B�rrnwer can cure such a d�fau��and, �f ac�el�ra���n has
<br /> occurred, r��nstat�as provided in S�ct�on 19, �y caus�ng the ac�ion ar pracee�ing��be dismissed�vith a
<br /> ru�ing�ha�, zn Lend�r's�udgmen�, pr�cludes forfeiture of the Property�r�th�r material impairment�f
<br /> Lender's in��rest in the Property or r�ghts under this Secur�ty �nstrumen�. The�roceeds af any award or
<br /> c�axm for damag�s tha�ar�attributable�o�he impairment of Lender's interest in�he Pr�per�y are hereby
<br /> assigned and shal�be pa��to Lender,
<br /> A�� Misceiianeous Proceeds tha�are n��applied t�restorat�on ar repa�r of th�Praperty �hall b�applied in the
<br /> order provided for�n S�ct�an 2.
<br /> N�BRASKA-5ingte�amily-Fannie MaelFr�ddi�Mac UNl��RM lNSTRUMENT Farm 34�8 7101
<br /> VMP� VMP6�N�)[13�2�
<br /> Wvlters KE�wer Financial Ser�i�es Page 1 Q❑f 17
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