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201405788
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Last modified
7/20/2017 8:42:19 PM
Creation date
9/12/2014 10:10:59 AM
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DEEDS
Inst Number
201405788
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��14�57SS <br /> �a� Any such agr�ements will not affect the amounts that Bflrrower has agreed tv pay f�r Mortgage <br /> Insurance,or any vther terms af the Loan.Such agreements v�ill not in�rease the amount <br /> Bvrrvwer w�ill owe fnr Mortg�ge Insurance, and they will nat�ntitle Borr�wer to any refun�d. <br /> �b} Any such agreements will not affect the rights Barrower has-ff any-with respe�t t�the <br /> Mortgage Insurance under the Hvmeflwners Fratection Act�f 1998 ar any o�her law.These rights <br /> may include the right t�reeei�e certain disclosures,to request and obtain cancellation of the <br /> Mortgage Insuran�e,ta hav�the Mortgage Insurance ternlinated automati�ally,andltir to re�eive <br /> a refund of any Mortga�e Insurance pren�iums that were unearned at�he time�f such <br /> cance��ation or termination. <br /> � <br /> �I�I. Assignmentvf AAiscellanevusProceeds;Forfeiture.A11 Miscellan�ous Proceeds are hereby assigned to <br /> and sha11 be paid to Lender. <br /> �f the Property is damag�d,such Miscellane�us Praceeds sh�11 b�applied to restoration or repair�f the <br /> Proper�, if the restoration ar repau is economically feas�ble and Lender's security is not lessened. I�uring <br /> such repair and restorativn peri�d,Lender sha��hav�the right�o h�1d such Miscellaneous Proceeds until <br /> L�nder has had an opportunity to inspect such Property to ensure the wor1�has�aeen carnple�ed to Lender's <br /> satisfaction,provided that such inspec�ian sha11 be undertaken prampt�y, Lender may pay for the repa�rs and <br /> restaration in a single disbursement or in a series of pragress payments as the work�s completed.Un�e�s an <br /> agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Praceeds, <br /> L�nder shall not be required to.pay Borrower any interest or earn.ings on such Miscellaneous Proceeds. If the <br /> restarati�n or repair is nat economicatly feasible flr Lend�r's security would be�essened,the�Vliscellaneous <br /> Proc�eds shall be app�ied tQ the sums secured by this Security Instrument,whether or not�hen due,�vith the <br /> excess, if any,paid to Borrower. Such M�scellaneous Proceeds sha11 be app�ied in the order provided f�r in <br /> Sect�vn.2. <br /> �n the event of a tatal tal�ing,destruction,ar loss in value of the Property,the Miscellaneous Proceeds sha11 <br /> be applied to the sums secured by this Securi�Instrument,�rhe�her or not then due,�vith the excess, if any� <br /> paid to Borrower. <br /> In the even.t of a partial tak�ng,destruc�ian,ar 1os�in value of the Froperty in which the fair marke��a1ue of <br /> the Property�mmediately before the partial taking,destruction,or lass in value is equa�to or greater than the <br /> am�unt af the sums secured by this Security Instrument immediately before the partial taking9��+�Ll LLGI�I�II9 or <br /> Ioss in value,unless Borrower and Lender otherwise agr�e in�rriting,th��ums secured by this�ecurity <br /> Instrum�nt sha1�be reduced by the amount of the Misce��an�ous Proceeds multipl�ed by the fa�lowing <br /> fraction: (a}the total amount�f the sums secur�d immediately before th�partial�a.king,destructivn,vr loss <br /> in value div�ded by(b)the fair mark�t value of the Property immediately before the partial taking, <br /> destruc��on,or loss in value.Any balance sha11 be paid t�Borrower. <br /> In the event of a partial ta.king,destruction,or lass in value of the Property in which the fair market�a1ue of <br /> �he Pr�per�y immediately before the partial taking,destruct�on�ar loss in value is less than the amount of the <br /> sums secured immediately before the partia�taking,destruction,ar 1o�s in value,unless Borrower and <br /> Lender otherw�se agree in�riting,the Miscellaneous Proceeds shait be applied to th�sums secured by thi� <br /> S�curity Instrument�hether or not the sums are then due. <br /> If the Praperty is abandoned by Borrower,ar if,ai�er notice by Lender to Barrower that the�pposing Party <br /> (as defined in the next sent�nce}offers to make an award t�settle a c�aim for damages,�orrower fa�1s to <br /> respand to Lender within 3U days a#��r the date the notice is given,Lender is authorized to collect and apply <br /> the Misc�llaneous ProGeeds either to restorati�n ar repau of the Property or to the sums secured by this <br /> �� <br /> NEBRASKA-Single Family-Far�r�ie MaeiFreddie Mac UNIF�RM INSTRLIMENT WlTH MERS Form 3428 4i4'! <br /> VAAP� VMP6A(NE}(13�2).4� <br /> Walter�Kluwer Finar�cial 5ervices Page�4 of 17 <br /> q�333�448393 �233 27� 1417 <br />� <br />
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