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� (a) Any sach agreements will not affect the amoan�c that Bonower h�s agrced to pay for Mortgage Insuranc� or any other terms of the Loan. Snch agreements will not increase the amonnt Borrower will owe for Mortgage Insurance, and they will not enl3tle Borrower to any refand. (b) Any snch agreements will not affe.ct the rights Borrower has - if any - with respect to the Mortgage Insurance nnder the Homeowners Protection Act of 1998 or any other law. These righta may include the right to r�eive certain disclosures, to reqnest and obtain cancellation of the Mortgage Inanrance, to have the Mortgage Insnrance terminat� antomatically, aud/or to r�eive a refnnd of any Mortgage Insnrance preminms that were nnearaed at the time of snch cancell�tion or termination. 11. Asslgnment of Miscellaneous Proceeds; Forfefture. Al! Miscellaneous Proce�s are hereby assigned to and sha11 be paid to Lender. If the Property is damaged, snch Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender sha11 have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursemeat or in a series of progress payments as the work is completed. Unless aa agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Bonower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender' s security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds sha11 be applied to the sums secured by tlus Security Instrument, whetber or not then due, with the excess, if any, paid to Borrower. In the avent of a partial taking, destruction, or Ioss in vatue of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount of the sums secured by this Secwity Instnunent immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by tYus Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair market value of the Property imm�iately before the partial taking, destructioq or loss in value. Any balance shall be paid to Bonower. In the event of a partiai taking, destruction, or loss in value of the Properiy in wluch the fair market value of the Property immediately before the partial taking, destrvction, or loss in value is less than the amount of the sums secured immediately before the partial takiag, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneaus Proceeds sha11 be applied to the sums secured by this Security Instrument whether or not the sums aze then due. If the Property is abandoned by Bonower, or if, after notice by Leader to Borrower that the Opposing Party (as defined in the next sentence) flffers to make an award to settle a claun for datnages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this 8801200T98 8801200788 N�RASKASingle Pemily-Fennie AAae/Fteddle Mac UNIFORM (NSTRUMENT WITH MERS Form 3028 7/01 ��P � VMPBA Np 7705) Woftere Ktuwer Flnenctel5ervtces Paga i D oi 17