Laserfiche WebLink
I <br /> ��15��133 <br /> �a� Any such agreements will not af�'ect#he am�unts that B�rr�wer ha�agreed to pay for Mortgage <br /> Insurance,or an�other terms vf the Loan.Such�greements will not in.Grease the am�unt <br /> Borr�wer wil�a�ve for Mvrtg�ge Insur�n�e,and the�will not enti�le BQrrower to any refund. <br /> ��} Aany such agreements will not�ffect the rights Borr�wer has-if aay-with respect tn the <br /> Mortgage Insurance under the Han�evwners Pr�tectian Act of 1998 ar any other law.These rights <br /> may include the right tv receive certain disclvsures,ta request and obtain cancellation of�he � <br /> M�rtgage Insuranc�,t�have the Martg�ge Insurance�erminated�utamat�cally,andlor to receive <br /> a refund af any MQrtgag�Insurance premiums that were unearned at the time o�such <br /> cancellati�n or term�nati�n, <br /> 'I'I. Ass�gnmentof AE�iscellaneausProceeds;Fvrfeiture,Al�Miscel�aneous Froceeds ar�hereby assigned to <br /> and sha��be paid to Lender. <br /> If the Prop�rty is damaged,such Miscellaaeous Proceeds sha11 be applied to restoration ar repau of the <br /> Proper�y,if the restorati�n or repair is�convmically feasible and Lender's security is nat�essened.During <br /> such repair and restaratian peri�d,Lender sha11 have the right to hold such Miscellaneous Proceeds until <br /> Lender has had an opportun�ty to inspect such Praper�y to ensure the work has b�en campleted to Lender's <br /> satisfaction,pra�ided that such inspect�on sha11 be undertaken prompt�y. Lender may pay for the repairs and <br /> restora��on�n a�ingle di�bursement or in a serie�of progress payments as the�vork is campleted.LTnless an <br /> agreement�s made ua�riting ar Applicable Law requires interest ta be pa�d on such M�scellaneous Proceeds, <br /> Lender sha11 not be required to pay Borrower any�nterest or earnings on such Miscellaneous Proc�eds.If the <br /> restoration�r re�air�s not econamically feasible or Len�er's security�vauld be lessened,the Misc�l�aneous <br /> Pro�eeds sha11 be applied to the sums secured by this Security Instrum�nt,whether or not then due,w�th the <br /> excess, if any,pa�d to Borrower. Such Misce�laneous Proceeds sha11 be applied in�he order pro�ided for in <br /> S��tian 2, <br /> In the�vent of a tata.l taking,destructi�n,ar loss in value af the Pra�aer�y,th�M�sGe��aneaus Proceeds shall <br /> be applied ta the sums secured by this Security Instrumeat,vvhe�her or not then du�,w��h the excess, if an�, <br /> paid to Borr�wer. <br /> In the e�ent of a pa,rtial taking,destru�tion,or�oss in�alue af th�Prop�rty�n which the fair market�a1ue af <br /> th�Property immediately befare the partial taking,destruction.,or loss in value is equa�to or greater than the <br /> amount af the sums secured by this Security Instrument immediately befnre the partial taking,destruction,or <br /> loss in value,unless Borrower and Lender other�vise agree i�writing,th�sums secured by this Securi.ty <br /> Instrument shall�e reduced by the amouat of the Miscellaneous Praceeds mu�tip�ied by the fol�owing <br /> fraction: (a}the total amount of the sums secured immediately befare the partia�taking,destruc�ion,Qr loss � <br /> in value divided by�b)the fair market�a�ue of the Property immed�ately before th�part�al tak�ng, <br /> destruction,or lass in�a�ue.Any balance sha11 be paid to Barrower. <br /> Ln the event af a partial taking,destruction,or loss in value�f the Proper�y in�vhich the fair market value of <br /> the Property immed�ately before the partial taking,destruction,or loss in value is less than the amaunt of the <br /> sums secured immediately before the partial tak�ng,destruction,or loss in va�ue,unless Borrower and <br /> Lender otherwise agree in v�riting,th�Miscel�aneous Froceeds sha11 be appl�ed to the sums secured by this <br /> Security Instrum�nt whether or not th�sums are then due. <br /> If the Proper�y is abandon�d by Bon�wer,ar if,aft�r notice by Lender t�Borrower that the Qpposing Party <br /> �(as de�'��.ed in the n�xt sentence}offers�o make�n avva,rd to settle a claim for�amag��,�arr�wer fails to <br /> respond to Lender within 3�days a��r the date the aot�ce is given,Lender is authari.z�d to collect and apply <br /> the Miscellaneaus Proceeds eith�r to restoration or repair of the Property or to the sums s�cured by this <br /> NEBRASIfA�ingle Family-Fannie MaelFr�eddim Mac UNIF�RM INSTRUMENT WfTH MERS Form 3Q28 11Q1 <br /> VMR� VMPfiA(NE}�93D2).44 <br /> Wolters Kluwer Financial Senrices Page 14 of 1? <br /> q0333591826� 0�33 �56 lUl� <br />