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2� 17��724
<br /> satisfaction, pro�ided that such inspection shall be under�aken promptly. L�ender m.ay pay for the repa�rs
<br /> and restoration in a sing�e disbursement ar�n a�eries of progress pa�naen�s as the war��s�ample�ed.
<br /> Uniess an agreement is made in writing or Applicab�e Law re�u�res inter�st to be pa�d on su�h
<br /> Miscellane�us ProC��ds, Lender sha�l nat be required to pay Borrower an� interes�or ea�-�r�.�ngs�n such
<br /> M�sce�lar��ous Proc�eds. If the restoratian�r repa�r is no�economica��y feasible or Lender's secur�ty wou�d
<br /> be�essened, the Miscel�aneous Proceeds sha11 be a�plied ta the sums secured by this Security �nstrurr�ent,
<br /> whe�her�r no��hen due, u�ith�he excess, if any, paid�a Borro�er. �uch Miscelianeous Praceeds shal�be
<br /> appiied zn the ard�r pr�v�ded for�n Se�t�on 2.
<br /> In�he event of a tota� �aking, destruction, ar loss in vaiue af the Prop�rty, the M�sce��an��us Praceeds shali
<br /> be�app��ed to th�sums secured�y �his Secur�ty Instrument, whe�her or nat�hen due, with the exc�ss, if any,
<br /> pa�d�o B�rrov�rer.
<br /> �n the ev�nt of a par�ial �aking, d�structian, ar l�ss in va�ue of th�Proper�y �n wh�ch�he fair market�a�ue of
<br /> the Proper�y immedia�ely befare the par�ia� taking, destruction, �r loss in va�ue zs equa� to�r gr�a�er than the
<br /> arnount�f the sums secured by this S�curi�y Instrument imm�diately befare the par�ia� �aking, destructi�n, �r
<br /> �oss �n va�u�, un�ess Borrower and Lender otherwise agree in writing, the sums secured by�his Secur��y
<br /> Ins�rumen�shall be reduc�d by�he amount of the M�sCe��aneous Proceeds mu�t�plied by th�following
<br /> fraction: �a} �he tota� am�un�af�he su�ns secur�d�mmed�atezy�efore the par�ial taking, destruction, or Ioss
<br /> in va�u�d�vxded by tb} the fair market�a�ue of the Property immedia�e�y before the par��a� �aking,
<br /> des�ruct��n, or�oss �n�a�ue. Any balance shall be paid�o B�rr�wer.
<br /> �n�he e�en�af a partia� takin�, destruc�ian, �r�ass in Walue of the Praper�y in wh�ch�the fair market value of
<br /> �he Property immedia�eiy before the par��a� taking, destruc�ion, �r�ass in�alue is l�ss than the a.mount of th�
<br /> sums s��ured immedia�e�y before�he par�iai taking, destruct�on, ar�oss in�alue, un�ess B�rrower and
<br /> Lender�therw�se agree in wri�ing, the MisC�llaneaus Prac��ds �ha�� be app�ied ta the sums secured by �h�s
<br /> S�curity �ns�rumen�whether or no� the sums ar�then due.
<br /> If th� Praper�y is abandoned by Barr�wer, or�f, after natice by L�nd�r to B�rr�wer that the�pposing Par�y
<br /> �as d�fined in�h�nex�sentence� offers ta mak�an award ta settle a claim far damages, Borrou�er fails ta
<br /> r�spon�. t�Lender�vi�hin 3D days af�er the date the not�ce is given, Lender�s auth�rized ta col�ect and apply
<br /> �he M�s�e��an��us Proceeds ei�her�o restorati�n flr repair of th�Proper�y or to�he sums se�ured by th�s
<br /> Se�urity�nstru�xzent, wh�ther or no��h�n due. "�ppos�ng Party" means the�hird party �ha���ves B�rrow�r
<br /> Misc�llaneous Proceeds or the party a�a�nst vvh�rn�.Borrawer ha� a r�ght af ac�i�n in regard ta Misce��a.n��us
<br /> Pro�:eeds.
<br /> Borrower shal�be in defau�t if any ac�ian or proce�ding, vvheth�r civz� or cr�m�na�, �s�egun��aat, �n Lender's
<br /> �judgment, cau�d resui� �n forfeiture of the Prop�r�y flr nther ma��r�al �mpairm�nt of Lender's i�terest in�he
<br /> Property or r�ghts under�h�s Secur�ty �nstrument. B�rrawer can cur�such a defaul� and, if ac�elerat�on has
<br /> occurred, reins�ate as provided in Se�ti�n �9, by causing th�ac��an�r proGee��ng���e dismisse�.wzth a
<br /> ruling tha�, in Lender's judgment, precludes forfei�ure of�he Property or�ther mat�r�a� �mpa�rment of
<br /> Lender's interest�n�he Proper�� or rights under�his Securit� Ins�rument. �`he proceeds af any award�r
<br /> e�aim for damages tha�are attri�u�ab�e ta the impa�rm�nt af Lender's int�r�st in the Proper�y are her�by
<br /> ass�gned and shall b�paid ta Lender,
<br /> A�1 M�s�ellaneous Proceeds that are nat applied to restorat�on ar repair af�he Pr�perty shat� be applied in the
<br /> order pra��d�d for�n Sec�ian 2.
<br /> NEBRASKA-Single Family-�ar��ie Mael�reddi�Mac UNIF�RM INSTR�M�NT Farm 3Q28 1101
<br /> VMP� VMPfi4N��t�342y
<br /> Wniters Kluwer Financial S�r�ices Page 1 D of 17
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