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201201562 (a) Any such agreements w�ll not affect the amounts that Sorrower has agreed to pay for Mortgage Insurance,or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage[nsurance,and they will not entitle Borrower to any refund. (b) Any such agreements will not affect fhe rights Borrower has-if any-with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law.These rights may include the right to receive certain disclosures,to request and obtain cancellafion of the Mortgage Insurance,to have the Mortgage Insurance terminated automafically,and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 1 1. Assignment of M iscellaneous Proceeds; Forfeiture.All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lcnder. If the Property is damaged,such Miscellaneous Proceeds shall be applied to restoration or repair of the Property,if the restoration or repair is economically feasible aud Lender's security is not lessened.During such repair and restoration period,Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Properry to ensure the work l�as been completed to Lender's satisfaction,provided that such inspection shall be undertaken promptly.Lender may pa}�for the repairs and restoration iu a single disbursement or in a series of progress payments as the work is completed.Unless an agteement is madc in wriCing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall noc be required to pay Borrower any interest or earnings on such Miscellancous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened,thc Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument,whether or not then due,with thc excess,if any,paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Sectian 2. In the event of a total taking,destruction,or loss in vafue of the Property,the Miscellaneous Proceeds shall be applied to the sums secured by this Securiry Instrument,whether or not then due,with the excess,if any, paid to Borrower. In the event of a partial taking destniction,or loss in value of the Properiy in wl�ich the fair market value of the Property immediately befare the partial taking,destruction,or loss in value is equal to or greater than the amount of the sums secured by this Securit�Instrument immediately before the partial taking,destruction,or loss in value,unless Borrower and Lender otherwise agree in writing,the sums secured by this Security 7nstrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the Following fraction:(a)the total vnount of the sums secured inunediately before the partial taking, destruction,or loss in value divided by(b)the fair mazket value of the Property immediately before the partial taking, destruction,or loss in value.Any balance shall be paid to Borrower. In the event of a partial taking,destruction,or loss in value of the Properry in which the fair market value of the Property immediately before the pa�•tial taleing,desh-uction,or loss in value is]ess than the amounC of the sums secured immediately before the partial talcing,destruction,or loss in value,unless Borrower and Lender otherwise ageee in writing,the Miscellaneous Proeeeds shall be applied to the sums secured by tliis Security Instrument wherher or not the sums are then due. If the Property is abandoned by Borrower,or if,after noticc by Lender to Borrower that the Opposing Party (as defined in the next senteace)offers to make an award to setde a claim for damages,Borrower fails to respond to Lendar within 30 days after the date the notice is given,Lender is autliorized to collect and apply the Miscelixneous Proceeds either to resYoraCion or repair of nc�Property or to the sums secured by this 8801143384 8801143364 NEBRASKA-SingleFam�ily-FannleMaelFreddieMacUNIFORM INSTRUMENT WITH MERS Form 3028 ilD'� VM P Q VM P6A(NE)('.1 C5� Wal�ers Kluwe�Flnanclal Servlces Page 70 of 17