|
��14�54�7
<br /> �a] Any�uch agre�ments will not affect the amaunts thet SarrawGz bas�gr�od t�pay fa�r Mo►rt�ag�e
<br /> Iaguranca, a�r any otb�r te�mr of the Lo�u. Such agraeameEnts will not inc�e�ase thv amount
<br /> Barr awe�will vwe fo�r Ma�t�age Insurance, a�nd t�ay will not e�ntit�e Bozro�ro�tv any refuud.
<br /> �� AnY such agreements wi11 not aff�t th�right�Bazro�w�r ha�-if any-with resp�t to�h�
<br /> Mvrt�ag,�e Insur anoe undar th�Hameawner a Pr ' A�ct�f 1998 a�any athe�]aw. T'beeo r�t�
<br /> may iaclude the rigbt to rocei�+e certain diaclosurt�,to request�nd vbtaia cancel�at�o�af tha
<br /> Moart�age InBurance,to hava the Mo�t�age Insuran�e t�rmiaated auto�natically,andlar to r�ei�o
<br /> a re�und of any Ma�t�age InBurance pr�aaium�tl�at were uaearned at th�time of suc�
<br /> cancell,ation a�r terminatso�.
<br /> 11. As�lgnment of Mis�ell�eous Phv�ds; FDrfeitu�e.All Miscellan�vus Pro�eeds are hereby assigned to
<br /> and shall�e paid to Lender.
<br /> If the P�raperty is dama�ed, such Miscellaneous Pro�e�is sha11 be applied ta restaration or repair of the
<br /> Property,if the restoration or repair is e�onomically feasible and Lender's security is not lessened. I]uring
<br /> such repair an.d restoration period, Lender shall have the right to hold such Miscella,neous Praceeds un.til
<br /> Lender has had an opportunity to i.nspect such Progerty ta ensure the w�rk has been completed tv Lender's
<br /> satisfaction,pmvided�hat such inspe�ion shall be undertaken promptly. Lender may pay for the repai.rs and
<br /> restaration in a single d.isbursement or in a series af pragress payments as the wark is completed. Unless an
<br /> agreement is made in writ�i.ng or Applicable Law requires interest ta he paid an such Miscellaneous Praceeds,
<br /> Lender sha11 nat be required to pay Borrower any inreres�vr earnings on such Miscellane�us Proceeds.If the
<br /> restoration or repair is not ecanomir,ally feasible or Lender's security would be�essened,the Mi.scellaneous
<br /> Proceeds shall be applied to the sums secured by this Se�urity Instrument, whether or nvt then due,wi�h the
<br /> excess,if a�ny,paid to Borr�w�r. Such Miscellaneous P�ra�eeds shall be applied in�he order provided far in
<br /> Section 2.
<br /> In the even�of a tot.a�taking, destru�ian,or loss i�value of the Property,the Miscellaneous Pra�e�ds shall
<br /> be applied to the sums s�ur�d by this Security Instrument,whether�r not then,due, with the excess,if auy,
<br /> paid ta Borrower.
<br /> In the��ent�f a part,ial taking,destruction, or loss in value of the Property in which the fai.r rnarket value of
<br /> the Property immediately l�efore�he part.ial talang, destru�tion,or loss in value is equal to or greater tha,n the
<br /> amount of the surn.s se�ured by this Se�urity Instrument immediate�y befare the par�ial taking,destruc�ian,or
<br /> 1�ss in�alue,unless Borrower and Lender otherwise agree in writing,the sums secured by this S�curity
<br /> Instrument sha11 be reduced by the amount of the Miscellaneous Proceeds multiplied by the f�llowing
<br /> fraction: �a}the tatal amaunt of the sums se�ured immediately before the paxtaial tak�.ng, destru�tion,or Iass
<br /> in value divided by[b�the fair market�a1ue af the Property irnmediately hefore the part�ial taking,
<br /> destxuction,or loss in vatue. Any balance sha11 be paid ta Borrower.
<br /> In the e�ent of a partial ta�king,destruction, ar lass in value af the Prope�ty in which the fair market value of
<br /> �he Praperty immediately before the partial taking, destruction,or loss�n value is less than the amoun�af the
<br /> sums secured�mmediately before the partial tal�ing, destru�tion,ar lass in value,unless Borrow�r and
<br /> Lender otherwise agree in writing,the Miscellaneaus Proceeds sha11 be applied to the sums secured by this
<br /> Security Instrument whether ar not the sums are then due.
<br /> If the Praperty is abandaned by Barrower, ar if, after nati�e by I.end�r to Bornawer that the�pp�sing Party
<br /> tas defu�ed in the next sentence}offers t�rnake an award ta settle a claim far damages,Barrawer fai�s�o
<br /> respond to Lender wit�iin 3�days after the date the notice is gi�en, Lender is authorized ta callect and apply
<br /> the Miscella,n.eous Proceeds either to restoration or repai.r af the Property ar ta the su.rns s�ured by this
<br /> 1�1�46560 Dfl�91315n2
<br /> NEgRASKA-Singl�Family-Fannit Ma�IFre��li�Mac LINIFORM ENSTRi1M�NT WITH MERS Fa�m 3Q28 11d1
<br /> VMP� YMPfiA�NE��13Q2�.DD
<br /> Wolters ICluwer Financial Ser�ices page 1�4t�r
<br /> �
<br /> t '
<br /> r
<br /> �
<br /> 0
<br /> .
<br />
|