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<br /> lU. Assignment of Miscelianevus Prviceeds; Farfeiture. AI1 Miscellaneous Proceeds are hereby assigned to
<br /> and shall he paid�o Lender.
<br /> If the Proper�y is damaged,such Misce�laneous Prace�ds sha�l be appl�ed#o restoration or repair of the Property,
<br /> if the restoration or repair is econom�call� feasible and Lender's security is no� lessened. I]uring such repair and
<br /> � restoration period, Lender shatl ha�e the right �o hold such Miscel�aneous Prflceeds ur�t�1 Lender has had an
<br /> opportunity to inspect such Praperty to ensure the worl�has been completed ta Lender's satisfac�ian, pro�ided that
<br /> such inspectiion shal�be undertaken promp��y. Lender may pay for the repa�rs and res�oration in a singie disbursemen�
<br /> ar in a series af progress paymen�s as the work is completed. Un�ess an agreement is made�n wr�ting or App�icabie
<br /> Law requires interest to be paid on such Misce�lanevus P.ra�eeds, Lender shall not be reyuired�o pay B�rrovver any
<br /> in�erest or earn�ngs on such Miscellaneous Proceeds. If�he restoration or repair is nnt economically feasib�e ar
<br /> Lender's security vWould b�lessened,the Miscellaneous Proceeds shall be appl�ed to the sums secured by this Security
<br /> Instrument, whether ar not then due, with the excess, if any, paid to B�rrawer. Such Miscellaneous Pr�ceeds sha�l
<br /> be applied in�he arder pro�ided for in Sectian 2.
<br /> In the e�ent of a total taking, destructian, or loss in Wa�ue af the Proper�y, the Miscellaneous Proceeds sha�l be
<br /> applied �o the sums secured by this Security �nstrumen�, whether or not then due, vWi�h the excess, if any, paid to
<br /> Borrower.
<br /> �n the event af a partial�aking, destruction, or loss in value of the Property in which the fair market�a�ue of
<br /> �he Property immediately before the partial taking, destruction, or loss in value is equal ta or greater than the amoun� �
<br /> of th�sums secured by th�s 5ecurity Instrument immedia�ely before the partial taking, destruc�ion, �r loss zn�alue,
<br /> unless Borrower and Lender otherwise agree in vWr�ting, the sums secured by this Security Instrument shall he reduced
<br /> by th� amount�f the Mis�ellaneous Proce�ds multiplied by the fol�ovWing fracti�n: �a}�he total am�unt of the sums
<br /> secured immediately before the partia]�ak�ng, destructi�n, or loss in�alue di�ided by�b}�he fair rnarket�alue af the
<br /> Property immediately hef�re the partial taking, destruction, or loss in�alue. Any balance shall be paid to Borrower.
<br /> In the e�ent of a part�al taking, destruction, ar �oss in�a�ue of the Property in which the fair market value of
<br /> the Property imtnediate�y before the partial�aking, destruction, ar loss in�alue�s Iess than the amount of the sums
<br /> se�ured immediatel�before�he partial taking, destruction, or �oss in�alue, ur�less Borrav�er and Lender otherw�se
<br /> agree in writing, the Miscellaneous Proceeds shall be appl��d to the sums secured by this Secur�ty�nstrumen�whether
<br /> or nat�he sums are then due.
<br /> If the Property is abandoned by Borrower,ar if, after natice by Lender to Borrower�ha�the�ppvsing Party�as
<br /> def�ned �n the next sen�enc�} offers tio make an award to settle a clairn for damages, B�rrawer fa�ls tio respond to
<br /> Lender within 3U days after the da�e the no�ice is gi�en, Lender is authorized tn collec�and apply the Miscellaneous
<br /> Proceeds either to restaration or repair of the Property or to the su.rns secured by this Security�nstrument, whether
<br /> ar not tihen due. "�ppasing Party" means the third party that owes Borrower Miscellaneous Proceeds�r the party
<br /> against whom Borrower has a righ�of action in regard�o Miscellanevus Proceeds.
<br /> Borrower shall be in default if any action or proceeding, vvhether ci�i� or crimina�, is begur��ha�, in Lender's
<br /> judgment, could resu�t in forfeiture of the Property or other material impairment of Lender's in�erest in the Proper�ty
<br /> or rights under this Security Instru.ment. Borrower can cure such a default and, if accelera�ion has occurred,reinstate
<br /> as provided in 5ection 18, by causing the action or proceedvng to �e dismissed with a ruling that, �n Lender's
<br /> judgment, precludes forfeiture of the Property or other ma�erial irnpairment af Lender's in�erest in the Property or
<br /> rights under tihis Security �nstrument. The proceeds of any avWard or claim for damages that are attributab�e to the
<br /> �mpairment of Lender's interes�in the Property are hereby assigned and shal�be paid to Lender. .
<br /> All Miscellaneous Praceeds that are no� applied to restora�ion or repair�f the Proper�y shal�be app�ied in the
<br /> order provided for in Section 2.
<br /> 11. Borrawer Not Released; For�earance By Lender Nat a VVa��er. Ex�ension af the tiime far payment or
<br /> modificatiion of amortization of�he sums secured by this Security Instrument gran�ed by Lender�o Borrower ar any
<br /> Successor in Interes�of Borrower shall na�operate ta release the�iabi�ity of Borrower ar any Success�rs in Tnterest
<br /> of Borrower. Lender shall nat be re�uired to cammence proceedings against any Successor in Interest of Borr�v►�er
<br /> ar to refuse to extend time for payment or a�herwise modify amor�iza.tion of the sums secured by �his 5ecurity
<br /> Instrument by reason af any demand made by�he origina� Borrower or any Suc�essors in�n�erest of Borrower. Any
<br /> NEBRASKA Singfe Family-UN�FQRM INSTRUMENT �����c
<br /> M�DIFIED F�R DEPARTMENT �F VETERANS AFFAIRS � NlERS www.dncmagr�.com
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