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<br />As a result of these agr�ments, Lender, any purchaser of the Note, another insurer, aay reinsurer,
<br />any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that
<br />derive from (or might be characterized as) a portion of Bonower's payments for Mortgage Insurance, in
<br />e�change for sharing ar modifying the mortgage insurer' s risk, or reducing losses. If such agreement
<br />provides that an affiliate of Lender takes a share of the insurer' s risk in exc�ge far a share of the
<br />premiums paid to the insurer, the arrangement is often termed "c�ptive reinsurance." Further:
<br />(a) Any anch agreements will not affect the amonnt� that Borrower has �greed to pay for
<br />Mortgage Insnrance, or any other terms of the Loan. 5nch agreements w311 not �lncrease the amount
<br />Borrower will owe for Mortg�ge Insurance, and the� will not entitle Borrower to any refund.
<br />(6) Any snch agreements w9ll not affect the nghts Borrower has - if any - wYth r�ped to the
<br />Mortgage Insurance nnder the Hom�wners Protextion Act of 1998 or any other law. These r�gh�
<br />may include the right to re,ceive cert�in disclosures, to reqnest and obtain cancella�ton of tl�e
<br />Mortgage Insurance, to have the Mortgage Insnrance terminated antomatically, and/or to ree�ive a
<br />refnnd of �ny Mortgage Insnrance preminms th�t were unearnal at the time of sach canceDa�ion or
<br />terminaHon.
<br />11. Assignment of Miscellaneons Proceeds; Forfeitnre. All Miscellan�us Proc�eds are heteby
<br />assignefl to and shall be paid to Lender.
<br />If the Properiy is da�naged, such Miscellaneous Praceeds shall be applied to restoration or regair of
<br />the Property, if the restoration or repair is economically f�sible and Lender' s se�urity is not less�ed.
<br />During such repair and restoration geriod, Lender shall have the right to hold such Miscellaneous Procee�s
<br />until Lmder has had an opporhmity to inspe�t such Progeriy to ensure the work has been completai to
<br />Lender' s satisfaction, provided that such inspection shall ba undertaken prompfly. Lender may pay for the
<br />repairs and restoration in a single disbursement or in a series of progress payments as the work is
<br />completed. Unless an agreement is made in writing or Applicable Law re�uires interest to be paid on such
<br />Miscellan�us Prac�eds, Lender shall not be requirefl to pay Bonower any interest or earnings on sucli
<br />Miscellan�us Proceeds. If the restoration or repair is not economically feasible or Lender' s s�urity would
<br />be lessene�i, the Miscellaneous Proceeds shall be applierl to the sumc secured by this Sacurity Instrument,
<br />whether or not then due, with the excess, if any, paid to Borrower. Such Miscellan�us Proceads shall be
<br />appli�l in the order provided for in Se�tion 2.
<br />In the event of a total taking, destcuction, or loss in value of the Property, the Miscedlaneaus
<br />Proc�eds shall be applieri to the sums secured by this Security Instrument, whether or not thea due, with
<br />the excess, if any, paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in value of the Property in which the fair market
<br />value of the Property immediately before the partial taking, deslruction, or loss in value is equal to or
<br />greater than the amount of the sums secured by ttus Security Instrument immediately befora the paztial
<br />taking, destruction, or loss in value, unless Borrower and Lender othervvise agr� in writing, the sums
<br />secured by this Security Instrument shall be reduce� by the amount of the Miscellan�us Pmc�ds
<br />multiplied by the following fraction: (a) the total amount of the sums s�ured immadiately before the
<br />partial talQng, �ction, or loss in value divided by (b) the fair market value of the Property
<br />immediately before tha partial taking, de.�truction, or loss in value. A�y balance shall be �aid to Boaower.
<br />In the event of a partial taking, destruction, or loss in value of the Property in which the fair market
<br />value of the Property immediately before the partial taking, destruction, or loss in value is less than the
<br />amount of the sums secured immediately before the partial taldng, destruction, or loss in value, unless
<br />Borrower and Lender otheivvise agree in writing, the Miscellaneous Proceeds shall be applied to the sums
<br />s�ed by tlus Security Inslrument whether or not the sums are then due.
<br />If the Properly is abaz►doneri by Borrower, or if, after notice by Lender to Horrower that tha
<br />Opposing Pariy (as defined in the next s�tence) offers to make an award to settle a claim for damages,
<br />Horrower fails to respond to Lender witUin 30 days after the date the notice is given, Lender is authorized
<br />to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the
<br />sums secured by tlus Se�urity Instrument, whether or not then due. "Opposing Party" means tha third party
<br />that owes Borrower Miscellan�us Proceeds or the party against whom Borrower has a right of aetion in
<br />regard to Miscellaneous Praceeds.
<br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is beg�m that, in
<br />Lender's judgment, could result in forfeiture of the Property or other material impairment of I.ender's
<br />interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if
<br />acceleration has occuned, reinstate as provided in Section 19, by causing the ackion or proceeding to be
<br />2200209563 D V6ANE
<br />NEBRASKA - Single Family - Fannte Mae/Freddle Mac UNIFORM INSTRUMENT WITy,MERS
<br />�-6A(N� �oa�o1 PaBe 8 of 16 InWels: �� �� 3028 1/07
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