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201504547
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Last modified
7/21/2017 2:55:43 AM
Creation date
7/7/2015 2:20:26 PM
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DEEDS
Inst Number
201504547
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��15�4547 <br /> ��� Any such agreements will not affect the�mounts that Borrower has agreed to pay fvr�Vlortgage <br /> Insurance,ar any�ther terms vf the Laan.Such agreements will nat increase�he amvun� <br /> B�rrower wi�l ovve f�ar Martgage Insuran�e,and they wili nat entitle Borrower to any refund. <br /> �b� Any sueh agreernent�wi�i nvt affeCt the rights Borrawer has-if any-with resp�ct ta the <br /> Mortgage Insurance under the Homeowners Pr�tection Act of 1998�r any ather law.These rights <br /> may�n�lude the rig�t�v re�ei�e certain dis�lvsures,ta request and abtain�an�ellation of the <br /> Martgage Iasurance,�to have the IVlflrtgage�nsurance terminated automatically,andlor tQ receive <br /> a refun�of an�Mortgag�Insuran�e premiums that were unearnec�at the time af such <br /> cance��atian ar�ermination. <br /> '�1. Assignm�n�of IIIliscel�aneflusRra�eeds;Farfe�ture.All Miscellan�ous Prviceeds are hereby assigned to <br /> and shall be paid to Lender. <br /> �f the Property is d�maged,such Miscellaneous Proceeds sha11 be a�pli�d ta r�st�ra�io�or repai�x-of the <br /> Property,if�he restoration or repair is economically feasible�.nd Lender's securit�r is nat lessened. During <br /> such repair a��restoration period,Lender s�al1 have the right ta hald such Miscellaneous PraGeeds unt�l <br /> Lender has had an c�pportunity to �ns�ect such Pr�perty to ensu.re th��vor�has been corr�plete�to Lender's <br /> satisfaction,provided that such inspec��on shall be u��.dertaken promptly. Lender may pay f�r the repairs and <br /> restoration in a single disbursernent or in a series of pra�ress payments as the work is completed. Unless an <br /> agre�ment is made in�rrlti�g or Applicable�►a�u requires int�rest to be paid on such�iscetlaneous Proceeds, <br /> Lender shal�not be re�uired to pay Borrower ariy interest or earnings�n such Mxscellaneous Proceeds. �f the <br /> restoration or repair is nat�conomically feasible�r Lender's secur�ty wauld be�essened, the Miscellaneaus <br /> Procee�s sha1l be applie�.to the sums secured by thi�Security Instrument,whether Qr not then due,with the <br /> excess, if any,pa.id to Borrower, Such Miscellan�ous Proceeds sha�l be applied in the order pravided for i��. <br /> Section 2. <br /> I�the event of a total ta.king,destruction, or loss in�a1ue of the Prop�rty,the M�scellaneaus Proceeds shall <br /> be applied�o the sums s�cured by this Security�nstrument,�hether ar not then due,�vith the excess, if any, <br /> paid to Borrov�er. <br /> In the e�ent of a partial taking,destruction,or lass in value r�f the Prop�rty in which the fair market va�u�of <br /> the Property imme�iately before the part�al tak�ng,�estru�tion,c�r loss in va�u�is equal to or greater th�.n the <br /> amount of the sums secured by this Security InstrurrZent imrnediately before t�e partia�takir�g,�estructron, or <br /> l�ss in value,unless Borrower and Lender otherwise agree in�ritingf the sums secured by this�ecurity <br /> In��rument shall be reduced hy the arnount of the Miscellan�ous Proceed�multiplied by th�fo��owing <br /> fraction; �a}the total amQunt af the sums secured immediately before the partial taking,destructian,or�ass <br /> in�a1u�divided by(b)th�fair market�a1ue of th�Property immediate�y before the partia�taking, <br /> destruction,or los5 in value.Any bala�.ce sha�i be paid��Borrflv�er. <br /> �n the�vent of a partia�taking,destruction,or loss in value of the Property in whi�h the fair market vaiue of <br /> the Proper�y�mmediately before the part�al taking,�estruct��n,or lass in value is Iess than the amount of the <br /> sums secured irnmediately�efare the partia�ta.king,destructi�n,ar loss�n�alue,unless Barrower and <br /> Lender other�vise agree in writing,the Misce�Ianeous Proceeds sha�1 be app�ied to the sums secured by this <br /> Security�nstrument whether or not the sums are then due. <br /> If the Property Xs abandoned by Bo�'ro�er,or if,after natice by Lender to�arro�rer that the Qpp�sing I'arty <br /> (as�efined in the next sentence�offers to makc an a�vard to settic a claim fo�r damages, �arro�ver fails to <br /> r�spQnd to Lender within 3�days after th�date th�natic�i�given,Lender is authorized to col�ect and appi� <br /> th�Miscel�aneous Proceeds either�o restorat�on ar repair of the Property or to the sums secured by this <br /> NEBFiASKA�ingle Family-Fannie MaelFreddie Ma�UNlF�RM INSTRUMENT WiTH MERS Form 3a�8 7l�9 <br /> VMP @ VMP6A(NE}(13a2}.�D <br /> Wolters Kluwer�inanci�l Servi��s Page iD of 1? <br /> �433414086Z1 ��33 3�1 1Q17 <br />
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