Laserfiche WebLink
��14�7443 <br /> �a} Any such agreements vvill n�t affe�t the amounts that Borrower has agre�d to pay f�r Mortgage <br /> Insurance,vr any�ther terms of the L�an. �uCh agreements wi�l not increase the amtiunt <br /> Btirrower will nwe for Martgage Insurance,and they will not entitle Bvrrower to any refund. <br /> �b} Any such agreements will rtot affeCt the rights Borrower has-if an�-with respect ta the <br /> M�rtgage Insurance under the Homeav�ners Pr�tect�on.Act of 1��$ar any uther law.Thes�rights <br /> may inciude the r�ght ta receive certain disclosures,�a request and vbtain cancel�atian af the <br /> Mortgage Insurance,to ha�e the Martgage Insuranc�terminated au��matieally,andl�r ta recei�e <br /> a refund of any Nior��age Insurance premiums tha�vvere unearned a�the time�f suCh <br /> cancel�at�Qn or terminati�n. <br /> �I'I. Assignmentvf MiseellaneousProeeeds;ForFeiture.Al�Miscellaneous Praceeds are hereby assigned to <br /> and shall be paid to Lender. <br /> If the Property is damaged,such 1VIiscel�aneous Prac�eds shall be app�ied ta restoratian or repair of�h� <br /> Property, if the restoratian or repau is eco�omically feasible and I�ender's security is nat lessen�d. During <br /> such repair and restoration perio�i,Lender sha11 hawe the right to h�ld such Miscellaneous Proceeds until <br /> Lender has had an opportunity to inspect such Pro�er�y to ensure the�vork has been complet�d to Lender's <br /> sat�sfaction,pro�ided that such inspe��ian shall be undertaken pr�mptly.L�nder may pay far the repairs and <br /> restoration in a single d�sbursem�nt�r�n a series of progress payments as the work is c�mpleted.Unless an <br /> agreement is made in�riting or App�icab�e Law requ�res interest ta be paid on such Mi�cellaneaus Proceeds, <br /> Lender sha11 not be required to pa�Bono`uer any interest vr earnings on such Miscellaneous Proceeds. If the <br /> restoration or repair is not economically feasible or Lender'�securit�would be lessened,the Miscellaneous <br /> Proceeds sha11 be applied to the sums secured by this Security Instrument,whether or not then due,with the <br /> excess, if any,paid to Bonawer. Such Miseellan�ous Proceeds shall be applied in the order provided for in <br /> Sectian 2. <br /> In the event af a�ota1 taking,destructifln,or loss in�a�ue of the Praperty,the Miscellaneous Pr�ceeds sha11 <br /> be agplied to the sums secured by thiS Secu.rity Instrument,whether or not then due,�vi�h the excess,if any, <br /> paid to B�rrower. <br /> In the even.t of a partial taking,destruction.,or 1os�in value of the Property in which the fair market�a1ue of <br /> the Praperty immediately before the partia�taking,destruction,or loss in value is equal�o ar greater than the <br /> amount of the sums secured by this Security Instrument im�mediately before the partial taking,destru�tion,or <br /> loss�n value,unless Borrower and Lender other�vise agree in.writing,the sums secured by��is Security <br /> Instrument�ha11 be r�duced by the amount of the Misce�laneous Proceeds multipl�ed by the following <br /> fraction.: (a)the to�a1 amount of the sums secured immediately bef�r�the partial�ing,destruction,or Ioss <br /> in�ra�ue divided by(b}th�fair market value of the Property immediately before�he partial taking, <br /> destru�tion,or loss in value.Any balance sha�t be paid to Borrower. <br /> In the e�ent af a partia�taking,destruction,or�oss in value of the Property in�rhich the fair market value af <br /> the Proper�y immediately before the partial taking,destruction,or loss in value is�ess than the amvunt of the <br /> sums secured immed�ately before the partial ta.king,destruction,or loss in value,unless Borrower and <br /> Lender oth�r�vise agree in writing,the Miscellaneous Proce�ds sha�l be applied to th�sums secured by this <br /> Security Instrument whether or not the sums are then due. <br /> If the Propert}��s abandoned by Borrower,or�f,af�er natice b�Leader tv Borrower that the�.7ppos�ng Part� <br /> (as defined in the next seatence}offers to ma�e an award to set�le a claim f�r damage�,Borrower fails to <br /> respond to Lender within 34 days a�er the dat�the notice is given,L�nder is authorized to collect and apply <br /> the Miscellane�us�'race�ds either to restoration or repair af the Property or to the sums secured by this <br /> NEBRA►SKA-Single Family-Fan�ie Ma�IFneddie Mac�NIF�RAA INSTRLIMENT WITH MERS Form 3428 1141 <br /> VMP� VMPBA(NE�(1342}.44 <br /> WoPters Kluwer Financiaf S�rvi�es Page 1 U of 17 <br /> qU33338�471� Q�33 364 101� <br />