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2� 17� 1172
<br /> lU. As�rgnment af Miscellaneous Proceeds;Forfe�tur�. All M�s�ellaneou�Pra�eeds are hereby assigned to
<br /> and shall be paid to Lender.
<br /> �f the Property is dama�ed,such Misc�]laneaus P�aceeds sha�l be app�ied to res�aration or repair of the Property,
<br /> if the restQration or repair is economically feasible and Lender's security is not lessened. During such repair and
<br /> restorat�on period, Lerider shal� haue the right t� haid such Miscellancous Proceeds until L�nder has had an
<br /> opportunity to inspect suc�Property to ensure the wo�•.k has been campleted to Lender's satisfactian, provided that
<br /> such inspectian sha�1 he underta�en proinptly. Le��der may pay for�he repa�rs and res#oratioy�it�a stpgl�disbui•semcnt
<br /> � or in a series af progress payments as the�vork is completed. Unless an agr��naent�s made in writing�r App�icable
<br /> Law requires infierest to be paid on such Miscelianeaus Proceeds, Lender shall nvt be required to pay B�rrower any
<br /> interest or earnings on su�h Miscellar�eaus Praceeds. If t�ae restorat�on ar repair is nat economica�Iy feasible or
<br /> Lender's security wou�d be le�sened,���e Miscellane�us Proce�ds shall be appli�d to the sum�secured by this Security
<br /> �nstrum�nt, whe�h�r or not then due, with the�xcess, if any;paid to Barrawer. Such Miscellaneous Proceeds shail
<br /> be appl;ed.in the order pro�ided for in Section�.
<br /> In the e�ent of a�o�a�taking, des�ru�tion, or l�ss in va�ue of the Proper�y, the Miscellaneous Proceeds sha�l be
<br /> appli�d fio the sums secured by th�s Secu�•ity Inst�-ument, whethet�or no��hen due, with the exc�ss, �f ariy, paid to
<br /> Borrower,
<br /> In the event of a paxtia�takin�, �estruction, �r Ioss in value of the Property in�hich the fai�r marke�value of
<br /> th�Property immediately befare the partial taking, deS�ruc�ion, or lass in�alue�s equal to or greater than the amount
<br /> vf the sums secured by this Securi�y Instrument immediately befare the part�al taking, destruc�ion, o�r loss in va�ue,
<br /> un]ess Borrovr�er and Lender o�h�rwise agree in wririn�, the su�ns secured by this Securi�Ins�ru�nent shall be reduced
<br /> by nc�axnount of the Misc��Ianeous Proceeds multiplied by the follo�ing f�action: (a}�}ae total am�unx of the sums
<br /> secured immediately before the partial taking, des#ructian, or los�in�alue divided by�b}the fair market�a�ue of t�ie
<br /> Property immediately befa.re the partial�ak�ng, desfiru�tion, ar loss�n value. Any balance shall be paid to Borrawer.
<br /> In�he�vcnt flf a partiai �aking, destruction, �r�oss�n�a1ue nf the Fraperry in which the fair marke��alue of
<br /> the P�ropez•ty�mmediately before�he partial taking, destruGtion, or lass in ualue�s less �haxa the amount of the sums
<br /> secured��nmed�ate�y before the partiax raking, destructian, or�oss xn va�ue, unless Borrower and Lender�thervt��se
<br /> a�ree i.n wri�ing, �he Miscellaneous Proceeds sha��be applied to tihe sums secured by this Security�ns�rumen�whether
<br /> or nofi the sums are t��en due.
<br /> �f�he Proper�is abandaned by Barrower,or if, af�er nvfiice by Lender to B�rrower�hat th��ppflsing Part}��as
<br /> defii�ed in tihe nex� sentence}offers to inak�an award�ta settle a ��airn for damages, Borrawer fails to respond�o
<br /> Lender withiri 3�days after the date the notice is g��en, Lender xs authoriz�d to colject and apply�he Miscellaneous
<br /> Proceeds either to rest�ration or repair of the Property or to the sums secured by th�s Securit�y Instrument, u�hether
<br /> or not the�� due. "�pposing Part�" meazis fhe third pa�•ty that owe��3ar.rower Miscellaneous Proceeds or th�par�y
<br /> against�hom B�rrawer has a right of action in regard to Miscel�aneous Pro�eeds.
<br /> Borrovver sha�l be i�default if any action or proceeding, �hether�i�il vr criminal, is begun tha�, in Lender's
<br /> jud�maent, could result ir�forfei�ure of the PFoperty or o�her ma�eria��rnpairanent of Lender's interest in the Praperty
<br /> or rights under this Secur.ity�r�strument. Borrower can cure su�h a defaul�and, if accelera�ion��as occurred,reinsta�e
<br /> as pro�ided ii� Se�tion 1S, by causing t��e ac�ion �r �roceeding �o be dismiss�d with a ruling thafi, in L�nder's
<br /> judgmenf, preclu�ies forfeifure af�he Property or other��zaterial irr�pairment of�ender's in�erest in the Property ar
<br /> righ�s under this Securi�y �nstrument. The�proceeds of any award or claim for damages�ha�are a�.tributahle to the
<br /> impairment of Lender's inteY•est in the Property are he�•�b�assigned and sha11 b�pa�d�a �ender.
<br /> A�l Miscellan�ous Proceeds that are not applied�o res�oration or repa�r of�he Property shall be appli�d in the
<br /> order pt-a�ided for in Se�tio�12.
<br /> 11. �orrower l��ot Released;F�rbearance By�I�ender��o#a�a��er. Ex�ension af the time far payment c�r
<br /> madification of amoarti�.ation of�he sums se�ured by this Security ltas�rument granted by Lender to Barrower or any
<br /> Suc�essor in�nteres�of Borrower shall�la�opera���o.release t�ae liab��ity Qf B�rrawer or an�Successors in Interest
<br /> af Borrower. Lender sha�l na�be required�a catn�anence proeeedings against any Successor in Interest of Borrawer
<br /> or t� refuse to extend �ime for paymen� or otherwise modify amortizafion of the sums s�cured by �his S�curity
<br /> I�st�-ument by reason of any demand ma�de by the original �3arr��wer or any Successors�n�nterest of Barro�ver. Any
<br /> N EBRASKA-Single Fam i ly-UN I FQRM [NSTRUMENT �oc�V1a�lc -
<br /> M��lFIED F�R DEPARTMENT�F VETERANS AFFA�RS- MERS www.doemagi�.com
<br /> ��ev. �ID1� Page 8 af '14
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