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201107882
<br /> saYisfaotion, providad that such uis�ection shall be undertal<en promptly. Lender may pay for the repairs
<br /> and xesforation in a si�igle disl�ursomanC or in a serles of progress payments as the work is completed.
<br /> Uuless an agreement i� made in writing or Applicable Law requires interesE to be paid on such
<br /> Miscollaneous Proceeds, Lender shftll not be required to pay Boimowar any interest or earnings on such
<br /> Miscellaneous Proceeds. If the restoration or repair is not economically feasible ar Lender's security would
<br /> be lessened, the Miscellanaous Proceeds she�ll ba�pplled to Yhe stuns secured by this Security InstrumenY,
<br /> wliethee or not then due, wiYh tha exeess, iP suty, paid to Borrowar. Such Misccllaneo�is Proceeds shall be
<br /> applied in tha order provided for in Section 2.
<br /> hi the event of a tofal taking, destruation, or loes in value oP the Yroperty, the Misoellaneous Proceeds shall
<br /> be applied to the sums secured by th't.s Sacurity lnsirument, whether or not then due, with the excess, if any,
<br /> paid to Bon•ower.
<br /> In the event of a partial tal�ing, destruction, or loss in value of Uie Property in which the fair mnrket value of
<br /> the Property immediately before the partial taking, destruotion, or lc�ss in value is equal to or greatar than the
<br /> amounf of the sums seeured by this Seourlty InstrumenY nnmediately before fhe partial taking, desiruction, or
<br /> loss in value, unless Borro�ver aud LEnder otherwise agrea in writing, the sums secured by tliis Security
<br /> Instrument shall be raduced Uy thc amount of the Miscellweous Proceeds multiplied by fha fpllowing
<br /> fiaction: (a) the total amount of the sums seouted immediately befora the partial taking, desYruction, or loss
<br /> in valuo divided by (b) the ftiir market value o£tha Properly i�mnediately bafoe•e Ehe partial taking,
<br /> destrueYion, or loss in value. Any balance sliall bo paid W Borrower.
<br /> In the event of a partial taking, destruction, or loss in value of Yhe Property in which the fair market vahte of
<br /> the Property immadiately beforc fhe partial takiug, destruotion, or loss t�i valuo is less than the amount oFthe
<br /> sums secwred immcdiately before the pattial tal<ing, deshuction, or I�.vs in value, unless Borrower a�id
<br /> Lender otherwise agree in writing, the Miscellaneous Procoeds shall be applied to the sums sacurod by this
<br /> Sacurity InstrumenE whether or not the sums are than due.
<br /> lf Ylie Proporty is abandoned by Borrower, or if, afl'er notice by Lender Yo Borrowar that Ilia Op�osing Party
<br /> (as defined in the next sentenca)offers to mal<e an award to settle ¢olaim for damagas,Borrower fails to
<br /> xespond to Lender within 30 days after the date the notice is given,Lender is auth,orized to colleot aud apply
<br /> flie Miscellaueous Proceeds either to restoration or repan�of the Proporty or to Yhe sums sacured by tliis
<br /> Seeurity InsErument, whether or not tl�en due. "Opposing Party" means tlia third parly that owes Borrower
<br /> Miscellaneous Prooacds or the party against whom Borrower has a right of action in regard to Miscellaneous
<br /> Yroceeds,
<br /> Borrower skall be in default if any action or proceeding, whether civil or criminnl, is beguu that, in Lender's
<br /> judgment, eoLdd result in for£eiture of the Property or other maYerial impainnant of Le�ider's interest in the
<br /> Property or rights under this Security Instrumant. Borrower can cure such a default and, if acceleration has
<br /> occurred, reinstate as provided in Section 19, by oausing the action or procceding to be dismissed witli a
<br /> ruling that, ni Lender's judgmeaY, precludes £orfeitura of the Property or other mnterial impairmenC of
<br /> Lender's interest in the Property or rights uuder tliis Sccurity Inserument. The proceeds of any award or
<br /> claim for damages thflt are attriUutaUle to Lhe impairment of Lender's interest in [hc Proporty are hereby
<br /> 2ssigned and shall be paid to Lcnder,
<br /> All Misoellaneous Proceads thaU are not tipplied to restoration oe repair oP Cha Property shall be applied in Hie
<br /> order provided fot in Seetian 2.
<br /> 2at�sa
<br /> NEBRASI(A-Singlo Family-Fannle MaelFreddle Mec UNIFORM INSTRUM FNT Form 3028 1/01
<br /> VMP VMP6(NEI(110b1
<br /> Wolte�s Kluwef Flnenclal Servi¢as Page 10 of 17
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