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<br /> �a} Any such agr eem ents will nat affec�the amounts that Borr ower has agr eed to p ay for Martgage
<br /> � Insurance, ar an�other terms af the Loan. Such agreements wi11 nat increase the amount
<br /> Borrawer will owe for Martgage Insurance, and they will not entitle Borrower to any refund.
<br /> �b} Any such agreements will nat affect the rights Barrower has-if any�with respect to the
<br /> Mortgage Insurance under the Homeowners Pratectxon Act af 199g or any other law. These righ�s
<br /> may include the r�ght to receive certain disclosures,to request and obtain can�el�ati.on of the
<br /> Martgage Insurance, t❑have the�artgage Insurance terminated au�oma�ically, andlar to recei�e �
<br /> a refund af any Mortgage Insurance premiums that were un�arned at the time of such
<br /> cancellatian ar terminatian.
<br /> 7'l. AssEgnment af M isce�laneous Prviceeds; Forteit ure. AII Miscellaneous Praceeds are hereby assi�ned to
<br /> and shall be paid to Lender.
<br /> If the Property is damaged, such IVliscellaneous Praceeds sha�I be appiied to restoration or repair of the
<br /> - Properfiy, if the res�oration or repair is ecanarnically feasible and Lender's security is not Iessened. During
<br /> such repair and restoration periad, Lender shail ha�e the right to hald such Miscellaneous Fraceeds until
<br /> Lender has had an oppartunity ta inspect such Praperty to ensure the work has been completed ta Lender's
<br /> sat�sfaction, pra�ided tha�such inspection shall�be undertaken pramptly. Lender may pay for the repairs and
<br /> restaratian in a single disbursement ar in a series of progress pa�ments as the work zs cornple�ed. Unless an �
<br /> agreement is made in vvriting or Applicable Lavv requires interest to be paid on such Mis�eIlane�us Proceeds,
<br /> Lender shall not be re�uired ta pay Borrawer any interest or earnings on such IVliscellaneous Proceeds. Zf the
<br /> resfaratian or repair is not econamicaily feasible ar Lender's security would be lessened, the Mis�el�aneaus
<br /> Proceeds shalI be appl7ed�o the suzns secured b�this Security Instrument, ��rhether or n�t th�n due, with the
<br /> , excess, if any, paid�a Borrower. Such Misce�laneous Praceeds shall b�applied in the order pro�ided for in
<br /> Section�.
<br /> �n the e�ent af a total taking, destructian, or lass in value of the Praperty, the Misceilaneous Proceeds shail
<br /> be applied to�he sums secured by this Security Ynstrument, whether ar not then due, wi�h the exc�ss, if any,
<br /> pazd ta Barrower.
<br /> In the e�ent af a partial taking, destruction, or loss in value of the Praperty in which the fair market value of
<br /> the Property immedia�ely before the partial taking, destructiian, or loss in va�ue is eQual to ar greater than the
<br /> amaunt af�he sums secured by this Security Instrument immediateIy befare the partzal.taking, des�ruction, or
<br /> loss in�alue, unless Borrower and Lender o#herwise agree in wr�ting, the sums secured hy this Security
<br /> Instrument shall be reduced by�he amaunt of�he Misc�llaneous Pro�eeds multiplied by the follawing
<br /> fractian: �a�the total amount af�he sums secured imrnediateiy b�fore the partial taking, des#ruction, or loss
<br /> in value di�ided by�b�the fair market�alue of the Property immediately before the partial taking,
<br /> destruction, or lass in�a�ue. Any balance shall be paid to Barrawer.
<br /> In the e�ent of a partial taking, destruction, or lass in�alue of the Property in which the fair market value of
<br /> the Property imrnediately before the partial taking, destructian, or�ass in�alue is less than the amaunt of the
<br /> sums secured immediately before the partial#aking, destructian, or loss in�ralu�, unless Borrower and
<br /> Lender otherwise agree in wrzting, the Miscellan�ous Praceeds shall be app�ied to the sums secured b�this
<br /> Security�nstrument whether or n��the sums are then due.
<br /> If the Prap�rty is abandoned by B�rrower, or if, after notice by Lender to Borrawer that the�pposing Party
<br /> �as def ned in the next sentenc�}offers to mal�e an award ta settle a claim for damages, Borrawer fails to
<br /> respond to Lender within 3� days after the date the notice is given, Lender is authorized to collect and apply
<br /> the Misceilanevus Proceeds either to restoration or repair o�'the Property or to fihe surns secured by this
<br /> 156474689 D�919367�4
<br /> N�BRASE�A-Single�amily•�annie MaelFreddie Mac UN�FaRM IfVSTRUMENT WITH MERS Farm 3028 1107
<br /> VMP� V{VIP6R{NEy(130Z),OQ
<br /> Wozters Kluwer Fir�ancial Ser►rices Page 10 of'17
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