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<br />(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage
<br />Insurance, or any other terms of the Loan. Such agreements wilt not increase the amount
<br />Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund.
<br />(b) Any such agreements will not affect the rights Borrower has - if an,y - with respect to the
<br />Mortgage Insurance under the Homeowners Protection Act of 1998 or an,y other law. These rights
<br />may include the right to receive certain disclosures, to request and obtain cancellation of the
<br />Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive
<br />a refund of any Mortgage Insurance premiums that were unearned at the time of such
<br />cancellation or termination.
<br />11. Assignmentof MiscellaneousProceeds;Forteiture.All Miscellaneous Proceeds are hereby assigned to
<br />and shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the
<br />Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During
<br />such repair and restoration period, Lender shall have the right to hold sttch Miscellaneous Proceeds ttntil
<br />Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's
<br />satisfaction, provided that such inspection shall be undertaken pr�mptly. Lender may pay for the repairs and
<br />restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an
<br />agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds,
<br />Lender shall not be required to pay Borrower any interest or eamings on such Miscellaneous Proceeds. If the
<br />restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous
<br />Proceeds shall be applied to the sums secured by this Security Instrument, «hether or not then due, with the
<br />excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for i�
<br />Section 2.
<br />In the event of a total taking, destniction, or loss in value of the Property, the Miscellaneous Proceeds shall
<br />be applied to the sums secured by this Security Instrument, whether or not then dt�e, with the excess, if any,
<br />paid to Borrower.
<br />In the event of a partial taking, destntction, or loss in value of the Property in which the fair market value of
<br />the Property immediately before the partial taking, destruction, or loss in value is eyual to or greater than the
<br />amount of the sums secured by this Security Insh-ument immediately before the partiai taking, destruction, or
<br />loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security
<br />Instniment shall be reduced by the amount of the Miscellaneotis Proceeds multiplied by the following
<br />fraction: (a) the total amottnt of the sttms secured immediately before the partial taking, destniction, or loss
<br />in value divided by (b) the fair market value of the Property immediately before the partial taking,
<br />destniction, or loss in valtae. Any balance shall be paid to Bonower.
<br />In the event of a partial taking, destruction, or loss in value of the Properiy in which the fair market value of
<br />the Property immediately before the partial ta,king, desh or loss in valtie is less than the amount of the
<br />sums secured immediately before the partial taking, destn�ction, or Ioss in value, unless Bonower and
<br />Lender othenvise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this
<br />Security Instrument whether or not the sums are then due.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Pariy
<br />(as defined in the next sentence) offers to make an award to settle a claim for damages, Bonower fails to
<br />respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply
<br />the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this
<br />NEBRASKASingle Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS ���(� Form 3028 1/Ot
<br />VMP 0 VMP6A(NE) (1105).00
<br />Wolters Kluwer Financial Serv�ces Page 10 of 17
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<br />q03304261661 0233 224 1017
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