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<br /> (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage
<br /> Insurance,or any other terms of the Loan.Such agreements will not increase the amount
<br /> Borrower will owe for Mortgage Insurance,and they will not entitle Borrower to any refund.
<br /> (b) Any such agreements will not affect the rights Borrower has-if any-with respect to the
<br /> Mortgage Insurance uuder the Homeowners Protection Act of 1998 or any other law.These rights
<br /> may include the rig6t to receive certain disclosures,to request and obtain cancellation of the
<br /> Mortgage Insurance,to have the Mortgage Insurance terminated automatically,and/or to receive
<br /> a refund of any Mortgage Insurance premiums that were unearned at the time of such
<br /> cancellation or termination.
<br /> 11. Assignmentof MiscellaneousProceeds;ForFeiture.All Miscellaneous Proceeds are hereby assigned to
<br /> and shall be paid to Lender.
<br /> If the Property is damaged,such Miscellaneous Proceeds shall be applied to restoration or repair of the
<br /> Property,if the restoration or repair is economically feasible and Lender's security is not lessened.During
<br /> such repair and restoration period,Lender shall have the right to hold such Miscellaneous Proceeds until
<br /> Lender has had an opportunity to inspect such Progerty to ensure the work has been completed to Lender's
<br /> satisfaction,provided that such inspection shall be undertaken promptly.Lender may pay for the repairs and
<br /> restoration in a single disbursement or in a series of progress payments as the work is completed.Unless an
<br /> agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds,
<br /> Lender shall not be required to pay Borrower any interest or eamings on such Miscellaneous Proceeds.If the
<br /> restoration or repair is not economically feasible or Lender's security would be lessened,the Miscellaneous
<br /> Proceeds shall be applied to the sums secured by this Security Instrument,whether or not then due,with the
<br /> excess, if any,paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in
<br /> Section 2.
<br /> In the event of a total taking,destruction,or loss in value of the Property,the Miscellaneous Proceeds shall
<br /> be applied to the sums secured by this Security Instrument,whether or not then due,with the excess,if any, ,
<br /> paid to Borrower. ,
<br /> In the event of a partial taking,destruction,or loss in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taking,destruction,or loss in value is equal to or greater than the
<br /> amount of the sums secured by this Security Instrurnent immediately before the partial taking,destruction,or
<br /> loss in value,unless Borrower and Lender otherwise agree in writing,the sums secured by this Security ,
<br /> Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following I
<br /> fraction:(a)the total amount of the sums secured immediately before the partial taking,destruction,or loss
<br /> in value divided by(b)the fair market value of the Property immediately before the partial taking, I
<br /> destruction,or loss in value. Any balance shall be paid to Borrower.
<br /> In the event of a partial taking,destruction,or loss in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taking,destruction,or loss in value is less than the amount of the
<br /> sums secured immediately before the partial taking,destruction,or loss in value,unless Borrower and
<br /> Lender otherwise agree in writing,the Miscellaneous Proceeds shall be applied to the sums secured by this
<br /> Security Instrument whether or not the sums are then due.
<br /> If the Property is abandoned by Bonower,or if,after notice by Lender to Borrower that the Opposing Party
<br /> (as defined in the next sentence)offers to make an award to settle a claim for damages,Borrower fails to
<br /> respond to Lender within 30 days after the date the notice is given,Lender is authorized to collect and apply
<br /> the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this I
<br /> NEBRASKASingle Famiry-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 7/01 II,
<br /> VMP� VMPBA(NE)(1302).00
<br /> Wotters Kluwer Financial Services Pa9e�0°f�7
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