Laserfiche WebLink
��15�1455 <br /> 4a� A�ny�uch ag�-eernents wii� nvt�ffe��th�amou�ts that Borrower has agreed ta pay for Nlortgage <br /> �nsuran��, or any other terxx�s of th�L�an. �uch agreement�will not increase the amount <br /> Bvrrow��-ru���l owe f�r 1V�ortgag�Insu�-ance, ar�d they will not entit�e Borrower to any refund. <br /> �b; Any su�h agreements will nv�affe�t the r�ghts Borrnwer ha�- if any-w�th re�pe�t ta the <br /> Mortgage �nsurance under�he Home�wners Prot�ction Act vf 199$vr any ather�aw. These rights <br /> may anc�ud��he right to recei�e c�r��in d[�sc�osures, �o request and a�ta�n cancellatian of the <br /> .M��-tgag�Insurance, t� �a�e th����gage I�suranc�t�rminated automatica���, andlor to rece��e <br /> a refund of�ny Mo�gage �n�uranc�premiur�.s that were�unearned a�the t�me af such <br /> �anc��iat���a ar�ernR�natior�. <br /> '!'�. Assignmen� �f �f�scet�an�ous Prv�e�ds; Fo�feiture. A�l �I�sce�lan�ous Proce�ds are hereby ass�g�.ed�o <br /> and sha�l be�aid to L�:�der. <br /> �f�he Proper�y is damaged, such Miscel�aneaus Praceeds sha11 be app��ed�o�estora�ion or r�pair af�he <br /> Pr�perty, if�he res�arati�n�r repair is economica��y feasible and Lender's secur�ty is not lessened. During <br /> such repair ar�d res�oratio� per�Qd, Lender sha.Il have�he righ�t�hold such M�scellaneous Proceeds un��l <br /> Lender has h�d an �ppar�unity to inspect�uch�'roperty�o ensure�he work has been camp�e�ed to Lender's <br /> satisfa��ion, provided���at such inspection shall be under�a.�en promp�ly. Lender may pay far�he repairs and <br /> restorat�an Yn a sx�.b�e d�sbursemen�or �n a series of pragress payments a�the work is cample�ed. I]�nless an <br /> agr�ement is n�ade in writing or,�.pp�icabie Law r�qu�res interest to be paid on such M�scellaneous Proceeds, <br /> Lender sha�l no�be r�quired tQ pay Borro�ver any rnteres�or earnings on such Nliscellaneous Proceeds. �f�h� <br /> �estora�ion or repair is no�economic�,lly feasi��e or]Lender's secur�ty would be lessened, �he Miscellaneous <br /> Pr�ceeds sha�� be app��ed ta the su�ns se�ured by�h�s Secur��y�ns�rument, vvhe�her or no��hen due, vw��h the <br /> excess, if any, paid ta Borrovver. Such Mis�e�ianeou��'roceeds sha��be app��ed in the�rder pro�ided for in <br /> Sec�i on 2. <br /> Ir�th�even��f a�a�a1 �ak�na, des�r�ction, or l�ss in va�ue af�he Proper�y, �he Miscellaneous Praceeds sha11 <br /> be appi�ed to tl�e sums secured b��his Security�ns�rument, ,whether or not then due, with the�xcess, if any, <br /> pa�d�o�orrovver. <br /> . Yn the�vent of a par�ial �ak�ng, destru�t��n, or ��ss in�alue Q��he Praper�y�n which the fa�r mar�et value of <br /> the Property �mmed�ate�y before�he p�rtial ta.k�r�g, des�ruct��n, or�oss in value is equal�o�r grea�er than the <br /> amoun��f the surr�s secured by�h�s Se�u�it��nstrumen�immediately before the par�ial tak�ng, destructi�n, or <br /> loss �n va�ue, unless Borrawer and Lernder a�herw�se agree�n vvrit�ng, �he sums sec�red by th�s Security <br /> Instrument sha�i be reduced by the amoun�of the Misce�laneous Proee�ds mult�p��ed by�he fa��awing <br /> fract�on: �a} t�e t�ta� amour���f the s�ms�ecured �mmed�ate�y before�he part�a��aking, destruc��on, ar �o�s <br /> in valu�div�ded by�b�the fa�r marke�va�ue of the Property imrned�a�e�y befare�he partia��ak�ng, <br /> destruc��on, ar �oss ifl value. Any balanc�shal� be paid ta Barrov�er. <br /> �n�he event flf a.par�.ia� �akinb, destruct��n, or lass in�alu�of�he Property in which the fair market value of <br /> � �he Prnper�y imm�dia�ely bef�re the par�ial �ak�ng, des�ruc�ian, or �ass in�ralue�s less than�h�amoun�of the <br /> sums secured i�-�med�a�eiy before�he partia� taking, destructi�n, ar loss �n�alue, un�ess Borrawer and <br /> Lender o�her�v�se ag�ee in vvriting, �he Misce�tane�us Praceeds shaZl be applied tQ�he surns secured by th�s <br /> Security�nstrumen�whether or n���he sums ar��hen due. <br /> If�he Proper�y is abandaned by Borr��wer, or if, after n�tice by Lender�o Borrower tha��he Qpp�sing Par� <br /> �as def ned i n the next s�n�ence� Offers to m��an award t�settle a cla�m far damages, Borrower fa�is t� <br /> respond�fl Lender within 3D days after�th�date�he notice is g�ven, L�nder �s au�horize�to col�ec�and apply <br /> the Misce�ianeous Proc�eds either to res�ora�i�n or repair of�he Property or to the�ums secured by�his <br /> s���ss��o7 sso�sa��o7 <br /> NEBRRSKA-5ingle�am ily-Fanni�M aelFreddie M ac UNI��RM INSTRLJM ENT WlTH Nl ER5 Farm 3a�8 �1�'1 <br /> VMP 0 <br /> Wofters Kfuwer Fi�anc€af Services VMP6A�NE}�13D�) <br /> Page��of 17 <br />