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201401517
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Last modified
7/20/2017 10:36:09 AM
Creation date
3/19/2014 10:19:23 AM
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DEEDS
Inst Number
201401517
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��14�1517 <br /> �a� Any such agreemen�s wil� not affect the amaunts that Borrower has agreed to pay for Mortgage <br /> Insurance, or any other terms of the Lvan. Such agreem�nts wi�� not in.�rease the amount <br /> �orrower will owe for Mortgage Insurance, and they will nat en.t�t�e Borrower to any ref�nd. <br /> ��� Any such agreements will not affect the rights Borrower has- �f any-with respect tv the <br /> �Vlortgage Insurance under the Homeawners Pratectian A�t of 1995 ar any�ther�aw. These rights <br /> may inc�ude th�r�gh�to recei�e cer�a�n disc�osures, ta requ�st and obtain�ance��at�on of the � <br /> Mor�gage Insurance, to have the Mvr�gage Insurance terminated automatica��y, andlo�-to recQ��e <br /> a refund af any�Vlat�tgage Insurance pre�n�ums that were unearned at the�ime of su�h <br /> can�e��at�on ar terminat�on. <br /> '�'�. Ass�gnment of M�scellaneous Praceeds� Forfeiture. AII Misce��aneous Praceeds are hereby assigned�o <br /> and shal� be pa�d�Q Lend�r. <br /> If�he Property i�damaged, such M�s�e�laneous Proceeds shall be applzed�a restorat�on or repair of the <br /> Prop�rty, if the restorat�on or r�pair i��cflnomi�a��y feas�b�e ar�d Lender's seeurity is not�essened. During <br /> such repa�r and restara��on per�od, Lender shall have�he right tfl hfl�d such Miscel�aneous Proceeds un�i� <br /> Lender has had an opportun�ty t� inspec�such Proper�y to ensure�he v�ark has been campleted to Lender's <br /> satisfac�ion, provided tha�su�h inspe���on shall be undertaken pro�a�p�ly. Lender may pay far the repairs and <br /> res�Qra��on in a single disbursement�r in a ser�es of progress paymen�s as the w�rk �s comp�e�ed. Unle55 an <br /> agr�ement is made�n writing or Appl�cab�e Lav�requires in�eres��a be paid an such M�scel�aneous Pr�ceeds, <br /> L�nder shal� not be requ�red to pay Borrower any in�eres�ar earning� on su�h Miscel�aneous Proceeds. �f�he <br /> res�ora�ion ar r�pa.ir is na�econornica.�ly feasible�r Lender's security w�u�d be Iessened, �he Miscellaneous <br /> Prflceed�sha��b�app��ed to the sums secured by this Secur�ty�nstrum�n�, �vhether or no�then due, �wi�h�he <br /> excess, zf any, pa�c��o Borrower. 5uch M�scel�aneous Proc�eds shall be appl�ed in the�rder prfl��d�d for �n <br /> Sec�ian 2. <br /> �n�he event�f a tata�tak�ng, destructi�n, or �oss in value of�he Praperty, the Miscellaneous Proceeds sha.Il <br /> be applied t4 the sums secured by�h�s Security Ins�rumen�, whether ar n�t then due, �ith th�e�ce�s, �f any, <br /> paid t�Borrower. <br /> In the e�en�of a par�ial�a.k�ng, des�ruc�ion, or Xo�s in vaXue af�he Property in v�rhi�h�h�fa�r market vaiue of <br /> the Prap�rty immed�ate�y bef�re�he partial ta.kxng, destruct�on, or loss in va�ue�s equa.� �o or grea�er than the <br /> amount of the sums s�cured by�his S�cur�ty�nstrument�mmediate�y befQre th�part�al�aking, destruction, ar <br /> Ioss �n value, uniess Borro�ver and Lender atherw�se agree�n vvr���ng, �he sums secured�ay�h�s Security <br /> �nstrumen�shall be reduced by�he amaun��f�he M�scellaneous Proceeds mult�plied by the fol�owing <br /> firac�ion: �a�the�otal amaun��f�he sums secured immedia��ly befare the par��al�aking, des�ruc�ian, or Ioss <br /> in va�ue div�d�d by�b}the fa�r market�ralue of the Prop�rty�mmedia�ely befare the par��al�aking, <br /> destruction, or loss xn vaiue. Any balanc�sha�� be pa�d�o Borrflw�r. <br /> �n�he event of a partial�ak�ng, destruction, or 1�ss in�alue of�he Pr�perty�n which the fa.�r market�ra�ue�f <br /> �h�Property immedia�ely befare�he partial taking, des�ruct��n, or loss in vatue�s��ss�han�h�amoun�of�he <br /> sums secured immed�ateXy befar�the par�ia� �aking, destruct�on, or lass �n value, unless Borrower arid <br /> Lender a�herw�se agree in vvri�ing, the N.[�sceX�aneous Froceeds shal� be applied�a�he sums se�ured by�his <br /> Security�ns�rum�nt whether or not the sums ar�th�n due. <br /> �f the Property�s abandaned by Borrov�rer, or�f, after r������by Lender�o Borrower tha�the�ppos�ng Party <br /> �as def ned in the nex�sent�nce) affers to ma.k�an award to s�ttle a c�a�m for damages, BQrrovver faiis�a <br /> respond t�Lend�r within 30 days after the da�e�he natice�s giv�n, Lender �s author�2ed�o collect and apply <br /> �h�Misc��ianeaus PrQceeds e��her�a restoratian or repa�r�f the Property or ta the sums secured by�his <br /> 8801571538 $8a�571538 <br /> N�BRASKA-Sir�gle Famiiy-Fannie M aelFreddie M ac L1NIF�RM�NSTR�M ENT WfTH M ERS �flrm 3��8�1�1 <br /> VM P QQ VM P6A�NE�(13�2} <br /> INvfters Kl�aw er Fir�ancial 5ervic�s Pag�10 of 17 <br />
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