2� 1 ��88� 1
<br /> sa�isfac�ion, provided that such xnspect�on sha�� b�under�aken pron�p�ly. L�nder may pa� for th�repairs
<br /> and restora�i�n in a szng�e d�sbursement or in a ser�es of pr�gress paym.ents as th�work�s�omp���ed.
<br /> Unless ar�agr�ement is made �n v�r�t�ng nr Appl�cab�� La�v requ�res�nterest to be pa�d on such
<br /> N�iscellaneous Proceeds, Lend�r shall nat be required to pay B�rrower any int�rest or earn�ngs an such
<br /> Misce�lan�ous Proceeds. �f the re�t�rat�on or repa�r �s not econom�ica��y feas�b�e or Lender's s�curit��ould
<br /> be lessened, the Misce��aneous Proceeds shal�be a�pl�ed to the sums se�ured b�th�s Secur�ty �ns�rument,
<br /> wh�ther nr not th�n due, wi�h the excess, �f any, paid�o Borr�wer. Such Misc�l�aneous Pr�c�eds shail b�
<br /> applz�d xn the nrder provided fflr in Sec��an 2.
<br /> �n�he e�ent�f a��tal �ak�ng, d�structian, or��ss in�alue of the Property, the Miscellaneaus Proceeds sha��
<br /> be app�ied ta th�sums s�cured by �his Secur�ty �nstrum�nt, whe�.her ar not then due, �v�th the e�cess, zf an�,
<br /> paid t� Borrawer.
<br /> �n�h���er�t af a par��a� taking, destruction, or loss in�a�ue af the Property �n wh�ch�he fair�nark�t va�u�af
<br /> �he Prop�r�y immedzate�y b�fore�he partiai taking, destruct��n, or�oss in va�ue xs�qua� ��ar greater than the
<br /> amount of the sum.s se�ured b�th�s Security �nstrument immediatel�b�fore the par�ial taking, des�ruc�ion, �r
<br /> l�s� in va�u�, un�ess Borrower and Lender otherwis�agree in writing, �h�sums secured by this�ecur���
<br /> �nstrument sha�l be reduc�d by the amoun�of the Miscellan��u� Proceeds multip�ied by�he fol�owing
<br /> fraction: �a}t�.�t��al amoun�of th�sum�s secured �mmediately b�fore�he par�ial taking, des�ructian, or�oss
<br /> �n value di�ided by �b} �he fair market value�f�he �r�pert� �mmedia�e��r before�he par�ia�taking,
<br /> destruction, ar�ass�n wa�ue. Any ba�ance sha��be pa�d�o��rr�v�rer.
<br /> �n th�e�en�of a�ar�zal taking, destructi�n, ar�oss in value of�he Property �n u����h�he fair market�alue�f
<br /> �h�p��Yer������d�at���r h'����P�h��a.����t���nb, ���t��ti��, �r���� �n:�a�u��� ����th��h��o����f��P
<br /> sums secured�mm�diat��y before the par�ia� taking, destructi�n, or l�ss in va�ue, unless B�rro�v�r and
<br /> Lender o�h�r��s�agree in vvr�ting, the M�sce��ane�us Proceeds sha�l be applied�a the sums secured b�r th�s
<br /> Security Instrument v�heth�r or n�t th�sun�s are th�n due.
<br /> If�he Prap�r�y is abax�doned by Barrower, �r if, aft�r not�ce by Lend�r ta B�rrow�r tha��he�pp�sing Par�y
<br /> �as defined in the next sentence} offers�o make an award ta se�tle a claim for darnages, Borrower fai�s to
<br /> respond ta Lend�r withi�3�days after the da�e the na�ice�s given, Lender is authorized t�c���ect ar�d app�y
<br /> �he Miscellaneous Pr�ceeds either�o restorat�on or repair�f�he Proper��r or t��he sums secured�y thzs
<br /> Secur�ty�nstrument, whe�h�r or n�t th�n due. "�ppos�n� Par�y" means the�h�rd par�y�hat owes Borrawer
<br /> Mis�e�laneous Prace�d�or the par�y agains�whon�Bflrrow�r has a right of act�on�n regard to N�is�ellaneous
<br /> Proce�ds.
<br /> Borrov�er sha��be�n defau�t if any ac��on or proceeding, whe�her civil or criminal, is begun tha�, in Lender's
<br /> judgment, cou�d re�u�� �n forfe�ture of t�e Praper�y or a�her mat�ria� impa�rmen�of Lender's interes� �n the
<br /> Proper�y or rig�it�under thzs Securi�� Instrun�.en�. Borr�wer can cure such a default and, �f acce�erat�an has
<br /> occurred, re�ns�ate as prav�ded xn S���ion 19, by causzng�he ac��an or proceed�ng�o b�dxsnuss�d with a
<br /> ru��ng tha�, in L�ender's jud�men�, pr�c�udes forfei�ure of the Proper�y or other materzal. zmpa�rment of
<br /> Le�nder's �n�erest in the Proper�y�r r�ghts under th�� Securi�y Irz��rum�nt. Th�proc��ds of a.n�award or
<br /> claim for damages tha�are a�tribu�ab�e�Q�h�impa�rm�nt of Lend�r's �nterest in the Proper�y are hereby
<br /> assigned and shall be paid to Lender.
<br /> All Miscellaneaus Pr��eeds that ar�no�appl�ed to r�storation or repair�f th�Proper�y shall b�applied �n the
<br /> ord�r prov�ded f�r�n Se��ion�.
<br /> NEBRASKA-Sir�gle�amily-Fannie Ma�l�reddie Mac UNIF4RM[NSTRUMENT Farm 3028 11d1
<br /> VMP[�] VMP6�N��t'!34��
<br /> 1Nvlters K�uwer�inancial Ser�i�es Page 1�af 17
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