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201405460
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Last modified
7/20/2017 8:26:41 PM
Creation date
9/3/2014 9:55:52 AM
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DEEDS
Inst Number
201405460
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� � e <br /> � � � � ��14�54�� <br /> � <br /> a <br /> �a� An�such agreements will not affect the amounts that�orrn�ver has agreed ta pay for�ior�gage <br /> Insurance,or any other terms of the Loan. Such agr�ements w���not�ncrease the amount <br /> Borrower will owe fvr Martgage Insurance,and they will not entitle Borrower ta any refund. <br /> �b� Any such agreements wi�l not affect the rights Bnrrov�ver has-if any-with respect to the <br /> Mortgage Insurance under the H�meawners Protection Act of 199�vr an�other law. These r�ghts <br /> may include the right ta receive Gertain disclosures,to request and obtain cance�lation of the <br /> Mo�r-tgage Insurance,to ha�e the�Iortgage Insurance term�nated automatically,andlflr to recei�e <br /> a refund of any Mortgage Insuran�e premiums that were unearned at the t�me�f such <br /> cancell�tian or terminat�on. <br /> 1'I. Assi�nmentof Misc�Ilan�ousPrvice�ds;Forfeiture.A11 Miscel�aneous Proceeds axe hereby assigned ta <br /> and shall be paid to L�nder. <br /> If the Property is damaged, sueh Mis�e�laneous Prvicee�s shall be applied to restorativn vr repair of the <br /> Praperty,if the restora.tion ar repa.ir is econamica�ly feasible and Len�er's security is nat lessened. I3uring <br /> such repair and re�toration period}Lender sha�l ha�e the right to ho�d such Miscellanevus Pruceeds unt�� <br /> Lender has had an oppartunity�o inspect such Property to ensure the v�ork has been completed ta Lender's <br /> satisfaction,provided that such inspe��ian sha11 be undertaken pmmptly. Lender may pay f�r the repairs arid <br /> restvration in a single disbursement or in a series vf progress payments as the�ork is compl�ted. Unless an <br /> agreeme�t is made�n�riting or Applicat���Law requires interest t�be pa.id on such Miscellaneaus Proce�ds, <br /> Lender sha.��not be requ�red ta pay�orrvwer any interest or earnings on such Miscellanevus Praceeds. �f th� <br /> restvration or repair is not econamica�Iy feasib�e o�r Lender's se�urity would be 1ess�ned,�the M�scel�aneous <br /> Proceeds shall be applied to the sums secured b�this Security Instrument,v�hether vr na�then due,with the <br /> excess, if any,pa�d to Borro�°er. Such Misce�laneous Proceeds sha.11 be app�ied�n�h�order pra�ided for in <br /> S�ctxon 2. <br /> In the e�vent of a to�a1 taking, destru�tion, or loss in value of�he Property,the Miscellanevus Pr+viceeds sha�� <br /> be a�p��ed to the sums secured by this Security Instrument,whether vr not�h�n due, v�i�h the excess, if any, <br /> paid to Borrower. <br /> In�he event vf a partYal tak�ng, destruction, or Xoss in value of the Praperty in�hich the fair market va.�ue of <br /> �he Prop�rty�mmediat�ly before the pa��al taking, destructian, or loss in value xs equal ta vr greater than the <br /> amaun�of the sums s�cur+ed by this Security Instrument immediate�y before the part�ial taking, d�stru�tion, or <br /> loss in value,unless Borrower and Lender othervvise agree in writ�ng,the sum�se�uret�by t�us Securifiy <br /> Instrument sha�l be reduced by the amount of�he Mi�ce�lanevus Proceeds mul�ipl�ed b�the following <br /> fraction: �a}the total amount of the sums secured�mmediately before�he partaial tal�ing, destructi�n, or lass <br /> �n�a1ue divided�y �b}�he fair market�a�ue of the Prvperty immed�a�ely befare the partia�taking, <br /> destxuction,or loss in value. Any balance sha1�be paid to Borrawer. <br /> In�he event of a partial takin�, destruction, or loss in va�ue�f the Properh� in v�luch the fair market value of <br /> the Property�mmed�at�ly before the partial taking,destru�tion, or loss in value�s�ess than the amount of the <br /> sums secured immediate�y before the part�al taking, destruc�ivn,or loss�n�alue, unless Borr�wer and <br /> Lender othenvise agree �n writing, the Mi.scellaneous Proceeds shall be applied to the sums secured b�tlus <br /> Secu.rity Instrument whether or not the sums are then due. <br /> If�.he Pro�er�y is abandone�by Borrower, or if, after noti�e by Lender to B�rrov�er that�he�ppasin�Par� <br /> �as def�ned in the next sentence}offers to make a�a�ar�i�o settle a c1a�m for�a.mages,Borrower fails to <br /> respond to Lender within 3U days after th�date the notice is given,Lender is authorized to c�llect and apply <br /> the Misce�ianeous Proceeds either ta restorativn or repair of the Property or to the sums secured b�this <br /> 10BRNE OOD628802472 July 9,2014 09 53am <br /> NEgRASKA-Sing�e Family-Fannie MaelFredd�e Nlac UNIF�RM 1NSTRtJMElVT 1MTH MERS Form 3428'#!01 <br /> V�P� VMP6A(NE}{13�2)DQ <br /> Wolters Kluwer FinancEa�5ervices pag��p��7 <br />
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