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201403299
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Last modified
7/20/2017 11:20:30 AM
Creation date
6/4/2014 10:30:55 AM
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DEEDS
Inst Number
201403299
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��14�3�99 <br /> co�tiriue�o pay-�o Lender�he am�unt af the separate�y designated pa:.yments that vsrere due when�h.e <br /> i�suxar�ce�overage ceased�o be�n effect. Lender��accept, use and reta�.n�hese paym��ts as a <br /> �.on refundab�e�.oss res�rve in�.�.eu of Mortgage Ir�.surance. Such�oss res��re sha��be non refur�dab�e, <br /> notw�.th.s�andz.-�.g the fact that�he Laan�s ult�.ma.�e�.y paid�.r�fu1�., and Lender shal�not be�equ�red ta pay <br /> Borro,vsrer any�nt�r�st or ea.rn�.ngs�n sueh lass reserve.�Lender can no�onger requ.ire�oss reserve paymer�ts <br /> if Mortgage Insurance eoverage�in the amour�t axld f�r�ie period�iat Lender requares�prov�.ded by an <br /> �:surer selected�y Lender aga�n becomes ava��able, i.s obtax.ned, arid L�nder requ�res separat�I�des�gna�ed <br /> pa�me�ts to�rard�he premiu.ms far Martgage Insurance. If Lender requ�red Mortgage In�suxan��as a <br /> cond.it�on of mak7.ng;�he Loan.ar�d�3orro,o�rer was require�.��make se�a�a�ely designated paym�nts tQ�rard�he <br /> prex�uum�for Mortgage Insurance, �Borr�wer sha��pay�i�premiu.ms requ�red to main�ai-�Mor�gage <br /> Insur�:nnce�n effec�, or to pr�v�de a nan-refundable l.ass r�serve, ur�ti�Lender's requ.ir�me�t for 1Vlortgage <br /> Insurance erids�.n accordance-�.th any�vr�tten agreement be�ween�3orrativer and Lend�r provic�:ing for such <br /> �ermirxa��on or unt���er�n�.nat�or�is requ�.red by App�.z�ab�e La�ivw. Noth�.ng in.this Sect��n 1�affects <br /> �3orrow�r's obJi�atia�.ta pay ir�terest at the rate prov�ded in the Nnte. <br /> Max-�gage Tr�ura.nce r�i-mburses Lender�or any er�t�.ty that purchases tlze N��e} far certain.Iasses�t may i�cur <br /> �.f Borrower does nat repay�he Loan as agreect. Borr��xrer is�at a party���he Martgage I�.surar�ce. <br /> 1Vlartgage im,surers evalua.�e�heir tota�.r�sk on a1�such insuran��in force from��m.e ta t�me, and may�nter <br /> ��o agreemen�s wzt.��ther par�ies�hat shaxe or�aad�.fy-the�r ris�, ar x-eduee los5es. These agreemen�s a�e a� <br /> �ernzs and cond.�tiox�s that are satisfac�ory to�he mortgage�surer ax�d the ot�er pa�#.y�flr pa,r�ies�to these <br /> agreements. These agreemen�s may requ�re the martgage insu�-er to�nake payme��s us�g an�r�ource of fLx�ds <br /> that�he mor�gage�nsurer may have ava�lab�e(which may incl.ude funds ob�a�ned from M�r�gage Insurance <br /> premzUam,s�- <br /> As a resuit of�hese agree�nents, Lender, any purc�aser af the No�e; ano�h.er insurer, any re�r�.surer, any o�her <br /> ent�ty, or any aff���ate of any af�he foregoi-�g, ran.ay rece�ve�direct�y ar�nd�:rectly� amou�zts that derive from <br /> [ar might b�charac�er�zed as�a por�ian of Borra-v�rer's payments far M�rtgage Insura�ce, �r�exchar�ge for <br /> sharir.�g�r modifying the mortgage�.nsurer4 s�isk; or reduc�.ng Iosses. If such agreement prov�des that a� <br /> af�l.�at�o�Lend.�r�akes a share of the�..surer's rzsk�e�.change for a share af the premit�s pa�.d to�he <br /> insurer, �h.e arrang�me��rs o�te�term.ed."cap��.ve reinsurarice.'� Fur�her: <br /> �a} A,my suc��.g�-e�me�ts will mat affec��ie a�orx�ts�.�.t]�3�r�ow�r]has agreed t��ay for Nlortgage <br /> Insuranc�, or any�ther te�ms of t�e Loan. Such agreexnents�all�ot�cre�.s�t�.e am�u�t <br /> �3orr��v�r waill awe fnr Il�Io�tgage I�suran��, and the�w�ll n�t en�t�e���rrow�r t� any refund. <br /> �b� �y sueh agre�me�ts w�ll n�t affect th�rights�arro�wer has-if any--�th respect t�tl�e <br /> Mortgage Insu��.nce und[�r t�e�omenv�n�rs Prote�tio�Act of 1998 or any oth�r law. These r�gl�ts <br /> ma��ncl�de t1�e right to receive certain discl�sures, t�request�.nd obta��a�a��ll�.�.am of the <br /> Mvrtgage�xs�.rance, ta have th�NVY�rtgage�.su��.n�e terminated auto��.t��ally, andl�r to rece�:ve <br /> a refunc��f a��N.�ortgage�.su�-�.�.ee pre�.iums that�ver�uxY�arn��at th�t��e�f suc�. <br /> ��.n�ella�iv��r tern��nat�an, <br /> 'I'I. Assigr�me�t af �V!�s�e�Iar�eours �roc��ds; Forfe��ure. All Miscell.aneous Proceeds ar�hereby a.ssigned t� <br /> ax�d sha��b�pa�.d.��Le�a:der. <br /> If the Prop�rty�s ciamaged; su�h Miscellan.eaus Proceeds sha.11 be applied�o res�Qratior�or repa�r�f the <br /> Praper�y, if the r�s�arat�on ar repal:r�s econamic��y feasible a�d Ler�der's se�u�r�ty is not Iessened. During <br /> such r�pai�and restora�ian periQd, Lender sha1l have the ri.ght t��io1d such Misce�laneous Praceeds untal <br /> Lende�has had an.�ppor�unity�o inspe��such Property to ensure-�he w�rk has bee�co�a.�Ieted to Lendert s <br /> 24�06'I�'€ <br /> NEBRASKA-Single Family-�annie M aelFreddie M ac lJNi�QRM INSTRUM tNT �Q�-rn��2$-���� <br /> VM P fl VM P6{1VE}�'[3�2} <br /> V�lafters K€i�w er F�nar�ciaf 5er�ices ����g�.�1� <br />
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