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<br /> agreements r�ay requi�re the mort�age insur�r to make paymen�s using any source of funds that�he mortgage insurer ma�
<br /> h�.v�ar�ailabie��vhich may includ�funds obtained�ram Mor��ag�Insurance�remiurns}.
<br /> As a resu�t af these agreemen�s,Lender,an�purchaser ofth�no�e,ano�her�nsurer,any reinsurer,any other entity,or
<br /> affiliate�f any of the foa�e�oing,may recei�e(directly ar i�adi�re�tl��ax�aunts that derive fram(or m�gh�be�haracte���ed
<br /> as} a�or�ian af��rrvwe�r's payments for Mort�age Insurance, in e�chan�e f�r shaaring or modifying�he mortgage
<br /> �nsu�er's risk,or reducing�asses.�f such agree�nen�provxded that an a�l�ate of L�nd�r�akes a shar�of th�insurer's r�s�
<br /> in��chan�e fo�r a share�f the p�remiums paid�o���in�urer,the arrangement is often terrned"captive reinsurance."
<br /> Further:
<br /> �a}�y such a�reerne�ts will n�t affe�t th�amvunts�ha��orrower h�s a�reed t�pay for�ort�age�nsuran��,
<br /> nr any��her�erms vf th�Lvan.Such agreemen�s wi�l not increase the amoun�Barrower will owe f�r N.��rtgage
<br /> �nsurance,and the�will no�enti�le Barrower ta auy refund.
<br /> (b}Any su�h agreements will not affecfi the right� Barr�wer has—if any--with respe��tQ�b�e Mox-tga�e
<br /> In���ran�e under the�om��wners Pratect�on Act�f 19�$or any ather law.These right�may include the rigbt ta
<br /> re�ei�Q�ertain disclosures,to reques�and a�tain cancellatian of�he�ortgage IAsuran�e,t�ha�e the Ma�r�gage
<br /> �nsuran�e terrnfna�ed automa�ically,andlor tQ rece���a refund of any Martga�e Insurance prem7urns that�vere
<br /> unearned at the time of su�h ca�cel�ation ar termixta�[�x�..
<br /> �1.As��gnmen�of Miscellaneaus Praceeds;Forfeiture.A1i�Iisce�lan�ous�Proceeds are her�by assign�d t�and
<br /> sha�l be�aid�a Lendex.
<br /> �f the Proper�y is dama�ed,such Miscellari.e�us Pro��eds�hall b�applied to rest�ra�on or repair of�he Pr�per�y,i�'
<br /> the res#arati�n or repa�r is ec�nomically feasible and Lender's security is not Iessened.Dur�n�such r�pair and restoration
<br /> �er�od,Lender shall have�he right ta hold such Miscell�.neous Proceeds un�il L�nder has h�d an oppartunity��i�s�ec�
<br /> �uc�Pr�pex�y to ensure the wor�.has�b�en�ampl�ted t�Lend�r's saxisfac�ion,pro�id�d that suGh inspectian shall be
<br /> under�al��n pramptly,Lender may pay�ar�he repairs and restaratxon in a single disbursern�nt or iM a series of progr�ss
<br /> pa�m�nts as the wark zs c4mp�eted,Unless an agreemen�is made in writ�ng or Applicable�aw�requires interes��o be
<br /> paid on such Misce�laneous Prace�ds,L�nde�r shall no�be required to pay�orro�rer ariy ir���rest or earnings on s�uch
<br /> Misce�laneaus P�rac��ds.�f�he res�ora�ivn ar repair is not econ4mically feasib�e or Lender's securi�v�auld be lessened,
<br /> �he M�scellan�ous Proceeds shall be applied to fhe sums secured by this Securi��nst�-ument,whether ar not then due,
<br /> �ri���he e�cess, if an�,paid to Barrovver, Such Miscellaneous Fr�c�eds sha.11 be ap�lied in the ard�r pro�ide�f�r in
<br /> Sect�on 2.
<br /> �n the e�ent af a.�otal�akin�;, des��ructian, ar�oss in value of�he Propel-ty,the Misc�l�aneous Proceeds shall be
<br /> applied tQ th� sums se�ured by this 5ecuri�y In�trument, v��hether or nat then due, with the �xcess� if any, pazd tfl
<br /> �o�rov►��r.
<br /> �n the e�en�Qf a pa.rtia�taki��,destructxon,or�o�s i�value af�he Pro�erty in whi�h�he fair market va1u�of�he
<br /> Proper�y�immediately before the�artial taking,�estruc�ion,or loss in value is equa�to ar grea.t�r than the am�un�of the
<br /> sums se�ur�d by�his S��urity�nstrument immedia�ely b�f�re�h�partial�a.kin�,des�ructian,or loss in value,un�ess
<br /> B�rrawer and L�nder otherwrse a�ree in writing,the sums se�ured by this Se�uri�y Instrument shall b�r�duc�d by the
<br /> amount of�he Miscellaneous Proceeds mult�p�ied by the follawing fraction:{a�the��tal amaun��f the sums secu�ed
<br /> irnmediately befare the partial ta�ing,d�s�ruct�on,ar lvss in value di�id�d by�b}the fazr maxke�value of the Property
<br /> �mrnedia���y b�fare the par�ial�aking,destruc�i�ri,ar l�ss in walue.Any ba�ance shall be paid�o Bo�ro�er.
<br /> In the even�of a partial taking,des�ructiony or�oss i�n�alue of�he Pra�er�y in urhich the fair�narket value of�he
<br /> P�oper�y�mmedia�ely befa�e�he par�tial ta�ing,destruction,or loss in value is less tha��he amount of th�sums se�ur�d
<br /> irnmediate�y bef�re the partial taking, destru�t�an, or i�ss in va�ue,unless B�rrow�r and L�nder o�herwise�.�ree in
<br /> u=ritXx�g,�he Miscellan�ous Fraceeds shall be applied to th�surns se�ur�d by��ai�Securi�ty Ins�rumen�whe�her or n���he
<br /> sums are��ien du�.
<br /> If�he Prop�rty is abandoned by Borrower,or if,after notice by L�nder ta Borrower tha�th��pposing Pa.rty�as
<br /> defined in the nex�sen�ence�offers�o m.a.lce an�waxd ta s��tle a�Iaim�or damag�s,Bararow�r faxls tn resp�nd to�ender
<br /> w�th�n 3D�.ays after��ae da�e�i�noti�e i�giveri,Le�der is authari�ed to callec�and appiy the Mis�ei�aneous P�oceeds
<br /> either�o re�toratian or repair of�he Pr�perty or to the�ums secured by this Sec�.ri�ty Ins�xum�nt,whe�her or not��n due.
<br /> NEB�.ASKA-Single Fami�y-Fannie i�itaelFreddre Mac UNiF�RM iNSTRUMENT with 1VlER5 Form 30�8 �!4'I
<br /> Page 8 af�3 ,�r���
<br /> ios,in�. E�orrowerts}Initia�s ��„�
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