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<br /> As a result of these agreements,Lender,any purchaser af the nate,another insurer,any reinsurer,any ather entity,or
<br /> afF'iliate of any of the foregoing,may receive(directly or indirectiy�amounts that derive frflm�flr might be characterized
<br /> as� a port�on of B�rrower's paym�nts for Mortga�e Insurance, in exchang� f�r sharing or modifying th� mortgage
<br /> insurer's risk,�r reducing lasses.If such agreement pro�ided that an affil�ate of Lender takes a share of the insurer's risk
<br /> in exchange for a share of th�premiums paid to the insurer,the arrangemen��s aften t�rmed"capti�e reinsurance."
<br /> Further:
<br /> (a}Any such agreements will not affect the amounts that Bor�ower h�s agreed to p�y for Martgage Insurance,
<br /> or any other terms�f the Loan.Such agreements w�ll not�ncrease the amount Bvrrower will owe fvr Mortgage
<br /> Insur�nce,and they wili not entitle B�rrower to any refund.
<br /> (b}Any such agreements w�11 not �ffect the rights Barrower h�s—if any—with respect to the Mortgage
<br /> Insurance under the Hameowners Protection Act of 1998 ar any�ther law.These rights may include the right tv
<br /> recei�e Gertain disclosures,to request�nd obt�in c�ncel��tion of the Mortg�ge Insurance,to ha�e the Mortgage
<br /> Insur�n�e terminated automatically,�ndlor to recei�e a refund of�ny Mortgage Insurance premiums that were
<br /> unearned at the time of such c�nce�lati.on or terminativn.
<br /> 11.Assignment of Mis�e�laneous Pro�eeds;Forfeiture.Al�Miscel�aneaus Proceeds are hereby assigned ta and
<br /> shall be paid#o Lender.
<br /> If the Property is damaged,such Miscellan�ous Proceeds sha11 be appli�d to restoration or repa�.r of�he Property,if
<br /> the restoration or repair is economically feasible and Lender's security is not�essened.During such repair and restoration
<br /> period,Lender sha11 ha�e the right to hold such Miscellaneous Proceeds until Lender has had an apportunity to inspect
<br /> such Property to ensure the work has been completed to L�nder's satisfaction,provided that such inspect�on shall b�
<br /> und�rtaken pr�mptly.Lender may pay for the repairs and restoration in a single disbursement or in a series of progress
<br /> payments as�h�wark is completed.Un�ess an agreement is made in writing or Applicab�e Law requires interest to be
<br /> paid on such M�scellaneous Proc�eds,Lender shall nat Ue required to pay Borrawer any interest ar earnings�n such
<br /> Miscellane�us Proceeds.If the rest�ration or repair is not economically feas�ble or Lender's security would be le�sened,
<br /> the Miscellaneous Proc�eds shall be applied t8 the sums se�ured by th�s Security Instrumen�,whether or not then due,
<br /> with the excess,if any,paid to Barrower. Such Misc��laneous Froce�ds shall he appl�ed in�he order prov�ded far in
<br /> Section 2.
<br /> In th� e�ent of a total taking, destruction, vr loss in�alue of�he Property,the Miscellaneous Pr�ceeds shall be
<br /> appl�ed �o the sums secured by this Security Instrument, whether ar not �hen due, with the excess, if any, paid�o
<br /> Barrower.
<br /> In the event of a partia�taking,destruc�ion,or loss in�a1ue vf the Property in which the fair market va�ue of the
<br /> Praperty immedia�ely before the partial�alcing,destruction,or�oss in�aiue is equal to or greater than the amount of the
<br /> sums secured by this Security Instrument immediately before�he partia�taking, destruction, or loss in value,un�ess
<br /> Borrower and Lender�therwise agree in writing,the swms secured by this Security Instaru.ment shall be reduced by the
<br /> amvunt af the Miscellaneous Pro�eeds multip��ed by the following fraction: �a}the t�tal am�unt of the sums secured
<br /> immediately before�he partial taking,des�iction,or loss in�a�ue di�ided by[b}the fair market�alue of the Property
<br /> unmediately befnre the partial tal��ng,d�s�ructian,ar loss in value.Any balance shal�be paid to Borrawer.
<br /> In t�ie e��n�of a par�ial�aking,destruction,or loss�n�value of the Praperty�n which the fair market value of the
<br /> Property immediately befnre the partia�#aking,destructian,or loss in�alue is less than the amount af the sums secured
<br /> immediately before the partial�a�ing, destruction, or lass in�alue, unless Borrower and Lender vtherwise agree in
<br /> writing,�he M�sce�laneous Proc�eds sha11 be appl�ed t�th�sums secured by this Security Instrrument whether or not�he
<br /> 5ums are then due.
<br /> If t��Praperty is abandoned by Barrower,or if, after notice by Lender to Borrower that th�appasing Part�y�as
<br /> defi�ned in the next sentence}offers�o ma1�e an award to settle a claim for damages,Barrower fails t�respond to Lender
<br /> within 3�d.ays after the date t�e notice is gi�en,Lender is autharized ta collect and apply the Miscellaneous Proceeds
<br /> e�ther ta restoration ar repair vf the Pr�per�y or to the sums secured by this Security Instrument,whether or na�then due.
<br /> "�pposing Pariy"means the t�urd par�y that owes Borrower Miscellaneous Proceeds or the party against whom Barrawer
<br /> has a right of act�on i.n regard tv Mis�ellat►e�us Proceeds.
<br /> Barrovver shall be in d�fau�t if any action ar proceeding, whether ci�i1 or cri_minal, �s begun that, in Lender's
<br /> judgment,could result ix�forfeiture of the Prvper�y or o�her materia�impau�ment of L�nder's interest in�he Property or
<br /> NEBRASKA-Sing�e Family Fannie AAaelFneddie Mac UN�F�RM�NSTRUMENT with MERS Forn�3�28 �11�1
<br /> Rage 8 of�3 .
<br /> ios,�nc. Borrower�s}�n itia ls�
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