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201407312
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201407312
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Last modified
7/20/2017 10:05:19 PM
Creation date
11/20/2014 2:39:25 PM
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DEEDS
Inst Number
201407312
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��14�731� <br /> �a} Any such agreements will nat a�'ect 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 amaunt <br /> B�rr�wer w�ll owe fvr Mortgage Insurance,and the�will not entftle Bvrro�v�r tQ any refund. <br /> �b� Any such agreements will nflt�ffect�he righ#s Borrower has-if any-with respect to the <br /> Mortgage Insurance under the H�m�owners PrQtection Ac�af 199$�r any�ther law.These rights <br /> may include the right t�receive cert�in disclosures,to request and abtain cancel�a�i�n�f the <br /> Mortgage Insurance,t�have the Mortgage Insurance terminated automat��ai��,andlor to receive <br /> a refund of any Mortgage Insurance prem�ums that were unearned at the t�me of such <br /> cancel�ation ar term�nation. <br /> 'I�. Assignmentof Miscei�an�ousProceeds;Forfeitur�e.A��Mrsc�llaneous T'roce�ds are hereby assigned to <br /> and sha11 be paid to Lender. <br /> If the Property is darnaged, such Misce��aneous Proceeds sha11 be applied to restoration or repair of the <br /> Property, if the restoration or repair is economically feasible�nd Lender's security is n�t lessened. During <br /> such repair and restoration period,Lender sha11 ha�e the right t�hald such Miscellanenus Pr�ceeds unti� <br /> Lender has�.ad an.opportunity to inspe�t such Property to ensure the work has been completed to Lender's <br /> satisfaction,provided that such inspection sha�l be und�rtaken promptly. Lender may pay for the repairs and <br /> restoratian 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 o�.such Miscellan�ous Proceeds, <br /> Lender sha11 not be required to gay Borrower any interest ar�a.r�ings on such 1Vliscellaneous Proceeds. �f�he <br /> restoration ar repa�r is not economically feasible or Lender'�security`uould be�essened,the Mxscellaneaus <br /> Proceeds sha�t be applied�o the sums secured by�his Security Instrument,whether or not��.en due,�vith the <br /> excess, if�ny,paid to Borrower. Such Misce�laaeous Proceeds sha11 be applied in the order provided for in <br /> Sect�on 2. <br /> In the event of a tota��aking,destruct�on,or loss in value of the Propert�r,th�Miscellaneous Proceeds sha11 <br /> be applied t�the sums secured by this Security Instrument,whether or nfl��hen due,wit�the excess, if any, <br /> paid ta Borrower. <br /> In#he��ent of a partial taking,d�stru�tian,or�oss in value�f the Property in which the fair marke�value of <br /> the Property immediately befare the partial taking,destruc�ion,or l�ss in value is equal to ar greater than the <br /> amount of the sums secured by th�s Security Instrumen�immediately b�fore the partial taking,destruc�ion,or <br /> loss in value,unless$�rrower and Lender otherwis�agree in writing,the sums secured by this Security <br /> Instrument sha�i be reduced by the amount�f the Miscellaneous Proceeds multiplied by the following <br /> fraction: (a)th�total amoun�of the sums secured immediately before the partia�taking�destruction,or loss <br /> in va�ue divided by(b}the fair marke�value of the Praperty immedia�ely before the partial takir�g, <br /> destructian,or loss in�alue.Any ba�ance sha�I be paid to Borrawer, <br /> In the event of a partial taking,destruction,ar loss i�n��alue of the Property in which the fair market value of <br /> the�ropert�immediate�y bef�re the partial ta.king,destruction,or loss in va�ue is less than the am�unt af�he <br /> sums secured immediately before the partial taking,deStruction,or loss in value,unless Borrawer and <br /> Lender otherwise agree in writing,the Miscellaneaus Proceeds sha11 be applied to the sums secured by this <br /> Security Instrument�vhether or nat�he sums are then due. <br /> If the Property is abandoned by F3orrower,or if,af�e�no�ice by Lender to Borrower that the�pposing Party <br /> [as defined in t�e n��t sentence}offers to make an award to settle a claim for�.amages,Barra�ver fai�s to <br /> respond to Lender�ithin 3U days after th�date the notice is given,Lender is authori2ed to co�lect and app�y <br /> �he Mis�e�Ianeous Proceeds either to restoration or repair of the Property or to the sums secured by this <br /> NEBRASKA�ingle Family-Fannie MaelFraed�ie Mac LlIV1FC]�M INSTRUMENT WITH MERS Fvrm 3428 1141 <br /> VhIIP� V!►APBA�NE){1342}.Q4 <br /> Wolters Itluwer Financial Services Qage 1t3 Qf 17 <br /> q�3333�68828 D�33 �77 1417 <br />
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