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2� 17��31 �
<br /> sa��sfac�ian, pra��ded that such insp�ct�an shal�be und�r�a�en pramptly. Lender may pa�f�r�he repairs
<br /> and restoration in a single disbursement ar�n a seri�s af pragress payments a��he wnrk is completed.
<br /> Un�ess an a�r�ement is made in wr�t�ng or Appl��abl� Law r�quzres interest to be paid on such
<br /> M�sce��aneous Proceeds, Lender sha�� no�be r�quir��to pay Borrower any �n�eres�or earnings on su�h
<br /> M�sce��aneous Pro�eeds. If the res�oration ar r�pair is na�economically feas�b�e or Lender's securi�y would
<br /> b��essened, the Mxs�e�laneous Proceeds sha�l be appl�e�i to the sums secured by th�s Se�uri�y Instrumen�,
<br /> whether ar not�hen due, w�th�he excess, if any, pa�d ta Borr�wer. Such Misce�laneous Proceeds sha1�be
<br /> appl�ed in�he�rder pro��ded far in Sec�ion 2.
<br /> �n the event of a�o�a1 ta�ing, destruc��on, or loss in value af the Proper�y, the Miscellane�us Praceeds shail
<br /> be appl�ed�o the sums secured by thi� Securzty �ns�rument, whether or not then due, with the e�cess, if any,
<br /> paid to Barr�wer.
<br /> �n the e�ent�f a partial �aking, destru�ti�n, ar loss in va�ue�f the Propez-�y in whi�h the fair n-�arket va�u�of
<br /> the Proper�y immediately before the par��a� taking, des�ruction, or lass in va�ue is equa� to or greater�han th�
<br /> am�unt of the sums s�cured by this Se�uri�y�nstrument immediately before t�.e part�al taking, destructian, �r
<br /> �ass in value, un�ess Barrower and Lender atherw�se agree in�vrit�ng, �he sums s�cured b��his Security
<br /> Instrument shall��reduc�d by the amaun�of the Misce��ax�eous Pr�ce�ds multipli��by�he fnll�v�ing
<br /> fra���on: �a} �he t�ta� am�unt�f the sum�s secured immediate�y b�fare�he par��al ta�ing, destruct�an, or l�ss
<br /> �n va�ue d�vxded by �b} th� fa�r market�a.�u�of the Praperty immediatel�before th�par�ia� �akzng,
<br /> des�ructian, or�oss in�alue. Any ba�ance sha11 be pa�d tn Barrower.
<br /> In the even�of a par��al taking, destru�tion, or lass in�a�ue of�he Pr�p�r�y in which�he fa�r marke��alue af
<br /> th�Prop�r�y immediate�y befare the par�ial taking, destruction, or�ass�n valu� is Iess�han the amoun�of the
<br /> sums se�ured irnmed�at�ly before�he par�ial taking, destruc�ian, flr��ss in�alue, unless Borrower and
<br /> Lender otherw�se agree in wri�in�, the Miscellaneous Proceeds sha�I be appl�ed to the sums s�cured b� �his
<br /> Security �nstrument wheth�r�r not the sums are then due.
<br /> �f th�Pr�perty is abandaned by Borrower, or if, after no��ce by Lender�o Borrow�r tha�the�ppos�ng Par�y
<br /> �as d�f�ned in the next sentence} off�rs to make an avvard�a se���e a c�aim f�r damag�s, Borrower fails ta
<br /> respond to L�nd�r within 3�days af�er the date�he na�i�e is given, Lender�s au�horiz�d ta co��ect and app��
<br /> �he M�sce��an�ous Pra�eeds ezther to rest�ra�ian or repair af the Proper�y flr�a�he sums se�ured by this
<br /> Securi�y�ns�rument, �he�her ar nat the�due. "Uppos�ng Party" means the�hird party tha�o�ves Borrawer
<br /> Miscellane�us Proceeds or the par�� agains�vvhom Borrower has a right�f action.�n regard to Mzsce��ane�us
<br /> Praceeds.
<br /> Borrower sha�l b��n defaul� if any act�on or proceeding, whe�her civ�l�r crim��na�, �s begun�hat, in Lender's
<br /> �udgment, cou�d resuit in fQrfeiture of the Praperty�r ather rr�aterial �mpairm�n�vf Lender's int�re�t in�he
<br /> Prap�rty�r rights under th�s S��urity Instrumen�, Borro�v�r can cure such a defau�t and, �f a�c���rat��n has
<br /> �ccurred, reinsta�e a�prov�ded �n Sect��n �9, by caus�ng the ac�ion�r proceeding ta be dism�ssed�r�th a
<br /> ru��ng that, in Lender's judgment, pre�lu�ies farfeiture�f the Praperty or other mater�al impairment of
<br /> Lender's �n�eres�in�he Propert� ar rights under�his Securit�Instrument. Th�prflceeds of any award ar
<br /> �laim f�r damages tha� ar�attributab�e�o the impa�rment of L�nder's interes� �n�he Proper�y are hereby
<br /> ass�gned and sha��be pa�d to Lender.
<br /> Al� M�scel�aneous Pr�ceed� tha�ar�na�app�xed t� restaration or r�pair of�he Praper�� shall be applied in the
<br /> arder prowided for in S�ctian 2.
<br /> NEBRASKA-Singte�amily-�annie MaelFreddie Mac UNIFQRM INSTRUMENT Farm 3�28 71��
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<br /> WaIters Kluwer Fina�cia!5er�ices Page 10 of 7 7
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