, 201206674
<br /> (aj Any such agreements wlll not affect the amounts that Borrower has ageed to pay for Mortgage
<br /> Insarance, or any other terme of the Losn. Such agreements wiR not increase the amount
<br /> Borrower wlll owe for Mortgage Insurance, and they wlll not entltle Borrower to any refund.
<br /> (b) Any suc6 agreements will not affect the rights Borrower has-if any-with reapect to the
<br /> Mortgage Insurance under the Homeawners Protection Act of 1998 or any other lsw. These rlgLta
<br /> may inclnde the right to receive cerfxin disclosures, to reqaest and obtain cancellation of the
<br /> Mortgage Ineurance, to Lave the Mortg�ge Insarance terminated sutomatically, and/or to receive
<br /> a refund of a�ry Mortgage Insurance premiums that were unearned at the tlme of auch
<br /> cancellation or terminaHon
<br /> 11. A�IgnmeM of M Iscellaneous Prac�ads; Forfeiture. All Miscellan�us Proceeds are hereby avsigned to
<br /> and shall be paid to Lender.
<br /> If the Property is damaged, such Miecellaneoua Proceeds shall be applied to restoration ar repair of the
<br /> Properry, if the restoration ar repair is economically feasible and Lender's securiry is not lessened. 17uring
<br /> such repair and resmrarion period, Leuder shall have the right to hold such Miscellaneaus Proceeds until
<br /> Lender has had aa opporiunity to inspect such Property to�s�se the work hea been completad to Lender's
<br /> satisfacrion, provided that such inapection shall be undertaken prompfly. Lender maY paY for the repairs and
<br /> restoration in a single disb�usement or in a series of progess payments as the work is completed. Unless an
<br /> agreement is made in writing or Applicable I.aw requires interest to be paid on such Miscellaneoua Proceeda,
<br /> Lenda shall not be required to pay Borrower any interest or eamings on such Miscellaneous Proceeda. If the
<br /> restoration or repair is not econamcally feasible or Lender's securiry would be lessened, the Miscellaneous
<br /> Proce�ds shall be applied to the sums s�by flris SeQuity Instrument, whefha or not then due, with the
<br /> excess, if any, paid to Borrower. S�ch Miscellaneous Praceeda shs11 be applied in the order provided for in
<br /> Secrion 2.
<br /> In the event of a wtal taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall
<br /> be applied to the sums secur�6y tlria Seasity Instrument, whether or�t then due, with the excess, if any,
<br /> paid to Horrower.
<br /> In the event of a partial taking, deshnction, or loas in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taldng, d�slruction, or loas in value is equal to or geater than the
<br /> amount of the swns sec�ned by this Secwity Instrument immediately before the partial taldng, desh�uction, or
<br /> loss in value, unless Borrower and Lender otherwise agree in writing, the s�s secured by this S�ity
<br /> Instrumeot shall be reduced by the amount of the Miacellaneoua Praceeds multiplied by the following
<br /> &aclion: (a)the total amo�mt of the sums secured immediately beFore the pertisi talang, desduction, or loss
<br /> in value divided hy(b)the fair market value of the Property immediately before the partial taking,
<br /> deshruction, or loss in value. tlny balance sUall be paid to Borrower.
<br /> In the event of a partial talcing, deshvction, or loss in value of the Property in wluch the fair mazket value of
<br /> the Properry imn�liately befare the partial talang, des7uction, or loss in value is less than the amount of the
<br /> sums seaaed immediately before the pmtial taking, destrucpion, or loss in value, unless Borrower and
<br /> Lender otherwise agree in writing, the Miscellaneous Proceeds sha11 be applied ta the sums aecased by flris
<br /> Sec�ttity Instrument whether or not the sums aze then due.
<br /> If the Property is abandoned by Hortower, or if, after notice by Lznder to Horrower that the Opposing Party
<br /> (as defined in the next semence)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, I,ender is authorized to collect and apply
<br /> the Miscellaneous Proceeds either to restoration or repair of the Proper[y or to the sums secured by ihis
<br /> 230025283P D VOANE
<br /> NEBPASKASirole Femiy-Fnnle Mea/FreOdle Mx UNIFORM INSTHUMENT NTfH MEHS Form 3028 1/07
<br /> VMP ip7 YMPBAINE)111061
<br /> Wokan Kluwar FlnrMel Servka Pepe 10 af 17
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