��15�17��
<br /> ��� Any such agre�ments vvili not affect the am�unts that Bo�rrower has agreed to pay far Mor�gage
<br /> Insurance, or any other t�rms of the Laan. Such agreements vv�il not increas�the amoun�
<br /> Borrower w�I�awe f�r Martgage In�urance, and they will not entit�e Borrvwer ta any refunc�.
<br /> �hj Any such agreements w�il nnt aff�ct the rights Barrawer has- if any-with resp�ct to thQ
<br /> �Vlvrtgage Insurance under the�-Iomeowners Protec��on Act of 1995 ar any other law. These rights
<br /> may inc�ude the right�o rece��e ce�a�n disc�asures, tv r�que�t and obtain�ance��atian af the
<br /> Mortgage Insuraace, to have the M�rtgage Insurance terminated au�flm�t�ca�ly, andlor to recei�e
<br /> a refund of any Mvrtgage Insurance �rem�ums that were unearned at the��me of such
<br /> cance��at�on ar term ination.
<br /> 11. Ass�gnment �f M is�e�[an�ous Proceeds; Forfe�ture. A�1 Miscelianeous Proce�ds ar�here�y assigned to
<br /> and sha�l be paid tv Len�ier.
<br /> �f�he Properf.y�s damaged, su�h M�scellaneaus Proceeds shall be applied to resta�a�i�n or repair af�he
<br /> Property, �f the restoration or repair is e�onomicaiiy feasib�e and Lender's security is r���less�ned. During
<br /> such r�pa�r and rest�rati�n period, Lender sha�l have the righ��o ho�d such Misce��aneous Proce�ds until
<br /> Lender ha�s had an opportunity�fl inspec�such Property ta�nsur�the vvork has been�ample�ed to Lender's
<br /> satisfac�ian, provided that such inspec�ion shal�be under�aken pramp�ly. Lender may pay for the repairs and
<br /> restoration�n a szrigle disbursement or in a series af pragress paymen�s as the work xs campleted. U��ess an
<br /> agreement is made in wri�ing or Applica�le Law requ�res�nterest to be paid on su�h Miscellaneous Proc�eds,
<br /> Lender shall riat be required�o pay B�rrower any interest�r earnings on such Misce��an�ous Proceeds. �f the
<br /> restora�ifln or r�pair �s n�t econ�m�cal�y fea,s�ble or Lender's se�urity w�uld be lessened, the Mrscella�ae�us
<br /> Praceeds shall be app�ied to the sums se�ured by�his 5ecurity�nstru.men�, whether or not then due, with the
<br /> �XC�55, �f any, paid to Barr�w�r. Such Misce�laneous Praceeds shail be appl�ed in the order provided f�r in
<br /> Sec��on 2.
<br /> In�he ev�n�of a total�aking, destruction, �r loss in value of the Pr�perty, the Miscellaneous Pro�eeds shali
<br /> be app�ied to the sums secured�y th�s Security�ns�rument, whether ❑r not then due, vvi.�h th�excess, if any,
<br /> paid t��orr�v�er.
<br /> �n�he e�ent af a partiai taking, de�truc�i�n, or lass in vaiue af the Pr�perty�n vvhich the fair mar�e�va�ue of
<br /> the Praperty immediately before the partia.��aking, des�ru��ivn, or l�ss �n�ra.�ue is equa�to or g�eater than�he
<br /> arnaunt of the sums secured�y�hi� Security�ns�rument immediate�y before the partial taking, des�ruction, or
<br />� loss in va�ue, u.niess Barrovver and Lender t�th�rwise agr���n writing, the sums secured by th�s Security
<br /> �nstrument sha.�l be reduced by the atnount of�he Mi�cellane�us Pro���ds mul�ip��ed by the follvwing
<br /> fraction: �a�the to�a�. amoun��f the sums secured imm�diat�ly bef�re the partral�aking, destruction, or lt�ss
<br /> iri value divided hy�b�the fa�r marke��alue of the Praperty�mmediately before the partxa��akrng,
<br /> des�ruction, or �ass in�a1ue. Any balance shal�be pa�d to Borrnwer.
<br /> �n the event of a par�ial�a�ing, destruction, or l�ss in value of th�Proper�y in which the fa.ir market�va�ue of
<br /> the Property�mmediately bef�re th�par�ial taking, destru�tion, ar lass �ri value is�ess than the amaunt of the
<br /> sums secur�d xm.mediately befvr��he par�ia�takin�, destruction, or�os�in�ralue, unless Borr�vver and
<br /> Lender atherv��e agree in v�r�ting, the Misce�laneous Proceec�s sha�l �e applied�a the sums secured by this
<br /> Security Instrument whe�h�r ar not the surns are then due.
<br /> �f the Property�s aband�ned b}�Borravver, �r if, after natice by Lender to Barrower�hat�he�ppos�ng Party
<br /> �as d�f ned���h�nex�sentence� off�rs to mak�an.award ta settle a c�a�rn for damages, B�rra�er fails to
<br /> respond to Len�.er within 30 days after the date the not��e is gi�en, Lender is authariz�d to ca�lect and app�y
<br /> the Miscella�eous Prt��eeds either��restara�rt�n ar repair❑f�he Property or t��he su.ms secured by th�s
<br /> �
<br /> 88�1fi85Q95 88D�B85495
<br /> NEBRASKA-Sit�gle�'amify-�annie M ael�r�d�i�M ac UNI�ORM INSTRIJM ENT VI11TH M�R5 � Form 3a�8�I��
<br /> VMP Q ��- VMPSA{NE�{130�}
<br /> Wo�#ers Kluw�r�inar�cial Servic�s pa���a a���
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