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201207200 <br /> As a nesult of theae ag�eme�, Lender, aay pmchaver of tl�e Note, anoUier i�mer, any reinqmer, <br /> eny oil►er eiHity, or azry aftiliate of a�ry of tlre fozegoing, m�y ieceive(diiectly or indirectly) amomis tLat <br /> derlve from (or might be cha�racterized as) a porlion of Borrowe�'s �yme�s for Mortgege Inautance, in <br /> exchange for sharing or modifying the morlgage ingiu+er's risk, or �ducing losses. 7f such aag�seeme� <br /> provides H�et en agfiliete of Lender takes a share of fhe insme�s risk in exchange for a shaie of the <br /> piemi�s paid fn H�e fnqmer, t�e arrangeme�is often termed"captive�in4ma�ice."Fm�er. <br /> (a) Any sach agr-e��ts w7a not affect the amomts that Borrow�' I�.s a�'eed to pay for <br /> Mortgage Insm�ance, �a�ry othc�terms of the Loan. Snch agrc��ts wiR nar increase ihe amo�t <br /> Borrow�wDl owe for Mort�ge In�rance,and th wID not�dfle Borrow�toa��r��d. <br /> (b) AnY �ch ageem�ts wiII not a�'ect the r�gLts Borrow�has - if an9 - with resPect to the <br /> Ma�t�e Insm�ance mmd� the Homeown�s Protecdon Act of 19�oraz�y oth� law. Thpse rights <br /> may inelade the rl�t to recdve c�7ain discla�, to reqaest and obtatu rancellallon of the <br /> Mortgage Insm�anc� to t�ave the Mortgage Iasm�ance t�-minated aatomaticaIIy, and/or to reodve a <br /> rel'�d of a�ry Mortgage Insm�ance pr�s that w�e m�rued at the Nme of such cance�aHon or <br /> t�minaHo� <br /> 11. A�igam�t of Miscellaneoas Proceed� Forfeiture. All 1VTiscellaneoue Proceeds ac+e heneby <br /> assigned bo and shell be paid bo I.ender. <br /> If the Pioperiy ie d�ag�, sach Miacellaneous P�oceeds shell be appHed m +esh��atlon or tepwir of <br /> the P�npezty, if fhe resborWion or repair is economically feasible and Lender's aecmity is not lessened. <br /> Dwing such repeir and restoraHon perlod, Lender shall have�e rlght to hold ench Miscellaneous P�oceeds <br /> m�Hl I.ender hac Ind an opportmuty to inspect such Properly to ens�e tl�e work has been comple6ed to <br /> Leade�s s�lsfacdon, provlded U�snch inspecHon sh�ll be underfsl�n promplly. I.ender may pay for tlm <br /> ie�izs and nestoralion in a single disbmsement or in a seriea of piogress paymeols �s the work is <br /> compleied. Unleas an ag:eeme�is made in wriHng or Applicable Law req�dzes i�ezest bo be peid on snch <br /> Miscellaneous Proceeds, Lender shall not be ieqmred to pay Sorrower airy i�rtenest or eamiugs on anch <br /> NIIscellaneous Proceeda.7f the restoration or nep�ir is not econofficalty feasible or Lender's secmity would <br /> be lessened, Hte Miscellaneons Pnuce�ls shall be applied to�►e s�s secured by tltis Secaeiiy Ing��, <br /> whe�er or not�en dne, wiH�the excess, if a�ry, prid to Bor�ower. Such Miscellaneous P�oceeds shaD be <br /> applied in the onler piovided for in Section 2. <br /> In fhe eve� of a total taldng, d�hnction, or loss in valae of the Pioperiy, �e Miscelleneous <br /> Piviceeds shall be agplied to the sa�s secmed by i�s Secudty I�himient, whetl►er or not t�en due, wifh <br /> fl�excess,if azry,�id to Bor�ower. <br /> In dte eve�o(a pailial Wring, d�trucHon, or loss in valne of fLe Properiy in wlutch tlm fair market <br /> velne of the Property immedia6ely befoie � pat7tal �Idng, deslrucfion, or loss fn valne is eqaal to or <br /> grea�r then tl►e amo�t of 8re s�s seceed try d�is Secmily Inqtrm�ent immedialely befoie tlie pe11ia1 <br /> taldng, deslanction, or losa fn valne, mdess Bo�wer�d Lender otherwise ag�e in wrifYng, the s�s <br /> secured by fLia Secmity I�h-�e� ehall be rednced by the amo�t of the Miscellaneous Roceed-a <br /> malhlplied by the following fiacHon: (a) Uie botsl emo�t of ihe s� secmed imme�lehely befo�e the <br /> partiel tekiag, de�iruction, or loss in valne divided by (b) the fair merlcet valae of fhe P�operly <br /> immediately befo�e the pardal taldug, deshucHon, or losa in valne. A balance ahall be d to Bor�ower. <br /> In fhe eve�of a pa�lal talaing, destinc�ion, or losa in valne of�e Pcoperiy in w ch ffie f�r market <br /> value of the Pioperiy immediately befoze the partial taldng, desUrnction, or loss in value is lesa than H�e <br /> amoimt of the sams secmed immediately beFoie ffie parHal tgldng, destrucHon, or loas in velne, �less <br /> Borrower and Lender otl�rwiae ag�ee iln wriling, ffie Miacellaneo� Proceeds shell be applied to fhe a�a <br /> secmed by tlds Secm�ity Ins4�e�whe�er or not fhe sa�rue then dae. <br /> IY tl� Propedy ie abandoned 6y Borrower, or ii, afber noHce by I.ender to Bornower 1Lat the <br /> Opposing Pariy (as de8ned in the next se�ence) offe�s bo make an award to seUle a claim for damages, <br /> Borrower faiLa bo zespond bo Lender wifhfn 30 days after tfite date tlie�tice is given, Lender is enthorized <br /> to collect and apply ihe Miscellaneoua Proceeds either to resto�aHon or zepeir of the Pcoperiy or to � <br /> s�s aecmed Iry Hds Secmity Insla�e�, whether or not ffien dne. "Opposiag Pariy"means H�e thizd peity <br /> tLat owes Borcower NIIscelleneous Pioceeds or the paity against whom Borcower has a dght of acHon in <br /> ieg�d to Miscellaneous Proceeds. <br /> Borrower shall be in defanit if any ectiion or ptoceeding, whe�er civil or criminal, is beg�that, in <br /> Lender's judgme� could ieault in forfeiime of the Properiy or other matie�isl impairme�of I.endei's <br /> i�enest in Uie Pioperiy or righls imder tl�is Secmity Inslr�e� Borrower cen cui+e snch a defenit and, if <br /> acceleretion hac occmred, �einstn6e as provided in Section 19, by causivg fhe eclion or proceed[ng to be <br /> 85161298 0085473585 <br /> NEBRASKA-Stngle Famlly-Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WIT MERS <br /> �-6A(N�{ae�o� regeaor�s i��ts��� Form 3028 '1/07 <br /> � <br />