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201109342
<br /> satisfaction,provided that auch inspection shall be undettaken promptly.Lender may pay far t6e repairs
<br /> and restoration in a aingle disbursement or in a series of progress paymente as the work is completed.
<br /> Unlesa an agreement is made in writing or Applicable Law requires interest to be paid on such
<br /> Miscellaneous Ptoceeds,Lender shall not be reyuired to pay Boaower any interest or eamings on such
<br /> Miscellaneous Proceeds.If We restoration or repair is not economically feasible or Lender's security would
<br /> be lessened,the Miscel3aneous Proceeds shall be applied to the sums secured by this Scewity Instr�ent,
<br /> whether or not then duc,with the exceas,if any,paid to Borrowp'.Such Miscellaneous Proceads shall be
<br /> agplied in t6e order provided for in 3ection Z.
<br /> Iu the event of a total taking,deshuction,ar loss in value of tLe Properiy,the Miscellaneous Proceeds sha11
<br /> be applied to the swns sceurod by this Security Tnst�ument,whether or nat then due,with the excess,if atty,
<br /> j paid to Boaower.
<br /> In the evettt of a partial taking,deslrucGon,or loss in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taking,deaduction,or loss ip value is equal to or greater than t4e
<br /> amoWtt of ihe sums secured bg ihis 5ecurity Instrumeai immediately before the pe11ia1 taking,destruetion,or
<br /> � lass in value,unless Borrower and Lender otherwise agree in writing,the swns secured by tl�ia 5ecurity
<br /> Instrument shaU be reduced by the amount of the Miseellaneous Procoeds multiplied by t6e follawing
<br /> fraction:(a)the total amount of the sums secured immediately before the pariial taking,de.siructioa,or lose
<br /> in value divided by(b)the fair market value of the Properly immediately befare the partial taking,
<br /> desttuction,ar loss in value.Any balance shali be paid to Borrower.
<br /> In the evcnt of a partial taking,deshvction,or loss in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taking,desttuction,or loss in value is less than the amount of the
<br /> suma securcd immediately before the parliat taking,destruction,or loss in yalue,untess Borrowor and
<br /> ' Lender otherwise agree in writing,the Miscellaneous Proceeds sha11 be applied to the sums secured by this
<br /> Security Instrument whether or not the sums are then due.
<br /> If ihe Property is abandoned hy Borrower,or if,after notice by Lender to Borrower t6at the Opposing Party
<br /> � (as defiqed in ti�e next sentence)offers to make an award to settle a claim for damages,Borrower fails to
<br /> respond ta Lender within 30 days afta the date We nolice is given,Lender is authorized to collect and apply
<br /> the Miscellaneous Proceads either to restoration or repair of the Property ar to the sums secured by thie
<br /> Secwity Instrnment,whether or not then due."Opposing Parfy"means tbe third party thai owes Borrower
<br /> MisceUaneous Proceeds or t6e party against whom Sorrower Las a right of action in regard to�ecellaneous
<br /> Proceeds.
<br /> Borrower sha11 be in default if any action or proceeding,whether civil or crimina},is begun that,itt Lender's
<br /> judgment,could result in forfeiture of the Property or other material impairment of Lender's interest in the
<br /> Property or rights under this Security Tnstrument.Borrower can cwe such a default and,if acceletation has
<br /> oceurred,reixistate as provided in Section 19,by causing t6e action or proceediag to be dismiased with a
<br /> ruling t6at,in Lender's judgment,precludes forfeihue of the Property or other material impairment of
<br /> Lender's interesl in the Property or rights under this Security Insdwvent.The proceeds of any award or
<br /> claim for damages that aze attributable to the impairmeat of Lender's interest ia t6e Property are hereby
<br /> assigned and shall be paid to Lendor.
<br /> Ap Miscellaneous Proceeda that are not applied to restoration or repair of the Propeny shall be applied in thc
<br /> order provided for in 5ection 2.
<br /> NEBRASNASi�ple FemilyFennie MeWF�eddie Mac UNIFORM INSTRUMENT �-S � Fortn 30281Nt -
<br /> VMP� VMPB(NE)(UO61.OD
<br /> Wolten KMver Financiel Servicoe - S� Pape 10 of 17
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