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<br /> non-refundabte,notwithstanding the fact that the Laan is u�timate2y paid in full,and Lender shall not be required to
<br /> pay Borrvwer any interest or�arnings on such I�ss resetve. Lender can no longer require loss reserve payments if
<br /> Mortgage Insurance co�ecage[in the amount�nd for the periad that Lender requires}pro�ided by an insurer selected
<br /> by Lender a�ain becomes available, is vbtain�d, and Lender requires separately designated payments toward the
<br /> pr�miums for Mortgage Insurance. If Lender requir�d Mortga�e Insuranc�as a candition vf rnaking the L�an and
<br /> Borrower was required to make s�parately designa�ed payments toward the prerniums far Mortgage �nsurance,
<br /> Sarrower shali pay the premiums irequired to maintain Martga�e�nswrance in effe�t,or ta pro�ide a n�n-refundable
<br /> Ioss reserve, until Lender's r�quirernent for Niortgage Insurance ends in accordan�e with any written agreement
<br /> between Bvrrower and Lender pro�iding far such#ermination or until termination is required by App�icahle Law.
<br /> Nathing in thi�Section 1�affects Borrawer's obiigation to pay inter�st at the rate pra�ided in the Note.
<br /> Mortgage �nsuranc� reim�burses Lender �ar any entity that purchases the Not�} far certain �asses it may
<br /> incur if Borrawer daes nat repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance.
<br /> Mortgage insurers e�aluate their total risk on alI such insurance in fQrce from time to time,and may enter
<br /> inta agreements with ath�r parties that share ar madify th�ir risk,or reduce Iosses. TheSe agreements are an terms
<br /> and conditions that are satisfactary to th� mortgag� inswrer and the other party �or parties} to th�se agreements.
<br /> These agreements may require the mortgage insurer tv make paym�nts using any source of funds that the mortgage
<br /> insurer may ha�e available�which may inciude funds obtained fr�m Mortgage Insurance premiums}.
<br /> As a result of these agreements,Lender,any pur�haser af the Note,anather insurer,any reinsurer,any other
<br /> entity, or any affiliate of any af the foregoing, may recei�e �directly or indirectly} amounts that derive fr�m (or
<br /> might be characterized as} a portion vf Borrower's payments for Mortgage Insurance, in exchange for sharing or
<br /> madifying the mortgage insurer's risk, or reducing losses. If such agreement pra�ides that an a�liate of Lender
<br /> takes a share of the insurer's risk in exchange fQr a share of the premiums paid to the insurer, the arrangement is
<br /> often#erm�d"capti�e reinsurance." Further: •
<br /> (a) Any su�h agreements will n�t affect the amaunts that Barrnw�r has agreed to pay for Mvrtgage
<br /> Iasuran��,�r any other terms of the Laan. Su�h agr�eemeo#s will not an�rease the amvunt Borrower wili owe
<br /> for Martgage InSuran�e,and they w�ll not�at�tle Barrnwer ta any refund.
<br /> �h} Aoy such agreernents will not aff'ert the rights Borrvwer has — if any — with respect t� the
<br /> Mortgage Insurance und�r the Home�wners Prat��tian Act af 1998 ar any ather law. These rights may
<br /> inelude th�right tn reeei�e certain disclosures,ta request and nbtain can�ellafion of tbe Mvrtgage Insurance,
<br /> to ha�e the M�rtgage Insurance terminated automaticaliy, aadlar to recei�e a refund of any Martga��
<br /> Insurance premiums that were unearned at the time�f�uch�ancellati�n or terrninati�n.
<br /> 11. Ass�gnment of Misce�Ianeous Praceeds; Forfeiture. AI1 Miscellanevus Proce�ds are hereby
<br /> assigned to and shall be paid to Lender. ;
<br /> If the Pr❑perty is damaged, suc�h Miscellaneous Proceeds shall be app�i�d to restaration vr repair of the
<br /> ' Prop�rty, if the re`staration or repair is econ4mically feasible and Lender's se�urity is not lessened. During such
<br /> repair and restoratian period,L�nder sha11 ha�e the right t�hold such Misceilane�us Pr�ceeds until Lender has had
<br /> an opportunity to inspect such Praperty ta�nsur�the wvrk has be�n campiet�d t� L�nder's sat�sfaction,pra�id�d
<br /> that su�h insp�ction shall be undet�ta�cen promptiy, Lender may pay for the repairs and restoration in a single
<br /> dishursement or in a s�ries of pr�gress payr�ents as the work is cvmpleted. L]nless an agreement is made in writing
<br /> vr App�ica�le Law requires interest to be paid vn such Misc�llan�ous Proceeds,Lender shall not be required to pay
<br /> �nrrower any interest or earnings on such Miscellaneous Praceeds, If the restoration or repair is not economically
<br /> f�asible or Lender's security would be lessenet�,the Miscellaneaus Proceeds shall�e applied to the sums secured by
<br /> this Se�urity Instru.ment, whether or nat th�n due,with th�excess, if any,paid to Borrower. 5uch Miscellaneous
<br /> Proc�eds shall be applied in the order pro�ided fvr in Sectian 2.
<br /> In the e�ent af a total taking,destructi�n,ar loss in value vf the Froperty,the Misceltaneous Proceeds shall
<br /> be applied tn the sums secured by this 5ecurity Instrument,whether or not then due,with the excess,if any,paid to
<br /> B�rrower. ,
<br /> In the�vent of a partial taking,destruction,or�oss in value of the Pr�p�rty in which the fair market�a�ue of
<br /> the Praperty imrnediately b�fore the partia]#aking,destruction,or lass in value is equal ta�r greater#han the am�unt
<br /> . �
<br /> Nebraska Detd ofTrust�ing�t Family—Fanni��MaelFreddie Mac L]niform Ins#rument Form 30�8 ll�l
<br /> MERS Mndifcd
<br /> Th�Cnmpliancc Sourct,Ync. Page S of 14• 1��IodiPed by Comp�iance 5aure�14341NE�8140 Re�.0-11�3
<br /> www.eompliantesource.eom ��000-2q13,The�amp[isnce 5ource,Inc.
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