,
<br /> f
<br /> 2�1 5��1 21
<br /> Insuran�e ter�n�nated aut�matica�Yy,andlar to receive a refund of any Martgage�nsurance premiums thaf were
<br /> unearned at t�e tfine of such cancellation�r�erminatian.
<br /> 11.Assignment of Miscellanevus Pra�eeds;Fnrf�iture,A��Misc��Iane�us Prac�eds are hereb�assigned to and
<br /> shall be paid ta Lender.
<br /> Tf�h�Properry�s damaged,such Misce��ane�us Proc�eds shall be applied t�r�s�orat�on or repair af the Praperty,if
<br /> the restoration or repair i�ec�nomica�l�feas�ble and Lender's s�cu�i�y is n�t ie�sened.L�uring such repair and�estora��an �
<br /> per��d,Lender shall have the ri�ht�a h�id su�h Misce�laneous Proceeds un�i�Lender has had an opp�rtuni�y to inspec#
<br /> such Praper�y to ensure the v�ork has been comple�ed�o Lender's satisfaction,provid�d that such inspection sha1l b�
<br /> under�aken promptiy.Lender may pa�for�he�epairs and restoratian in a single d�sbur�ement ar in a series of progress ,
<br /> paymen�s as the wor�is c�rnpleted.Unless an agreemez�t is made in w�ri�ing vr Appii�able Law requires in�erest ta b�
<br /> pai�on such Miscellan�ous Proceeds,Lender shall not be required to pay Borrawer an�interes�or earnings on�uch
<br /> Mxsce�la�eous Proc�eds.If the restoration or repair is not�can�mi�aliy feas�b�e or Lender's�ecurity would be��ssened,
<br /> the Miscellaneaus Proc�eds shall be app�ied t�the sums s�cured by�his Security Instru��aent,whe�her ar no��hen due, �
<br /> wi�h the e�cess,if any,paid t�Borro,wer. Such Misc�lla.rieous Pr�ceeds shal�be applied in�h�a�der pravided fo�in �
<br /> Secti�n�.
<br /> In�he event of a total taking, destructian, ar loss in vaiue of the Praperty,the Miscel�aneaus Proceeds �hall be
<br /> ap�iied to the sums secured by�his Security Instrurnent, vvhether or n�t then due, with�he exce�s, if any, paid t�
<br /> �arrawer.
<br /> In the e�e��of a par�ia�taking,destru��i�n,vr lo�s in�a�u��f the P�oper�in vrrhich the faiar market�ralue of the
<br /> Praper�y�mmediately b�fflre th�par�ial�aking,destructian}or loss in�alue is equal t�or grea�er�han�he arnount of the
<br /> sums secured by�h�s Security Ins�rument immediate�y before th�par�ial taking,destru�txan,or ioss i.x�valu�,unless
<br /> Sorrower and�ender other�ise ag�ree�n wrft�ng,the sums secured by thzs Se�ur���nstrumen�shall be reduced by�he
<br /> amount of�he Miscellaneous Pr�c�eds multip�ied��th�follawirig frac�ion:�a��he total amoun�af the surns secuxed
<br /> immediat�ly before�he par�ia�taking,��struc��on,ar l�ss in vaiue divided by�b�th�fair marke�va�ue of the Property �
<br /> imme�.�a�ely hefore the pa.rtia�tak�ng,destruc�ion,or Ioss in�alue.Any ba�ance sha�l be paid�to Barrower.
<br /> �n the e�ent vf a par��al taking,destruction,or loss in va,�u�af the Prap�rty iri which�h�fair market�value�f�he
<br /> Pr�perty�mmed�at�ly before the part�al�aking,destruc�ian,ar loss xn�a1ue is less than the amaunt of�he sums secu�ed
<br /> zmm.ediately before�he partia�taking, des�ruc�ion, or��ss in vaiue, unless BvrrQvver and Lender otherwise agree in
<br /> writing,�he Miscel�aneous Proceeds shall be applied to�he sums secured by this Securi�y Inst�ument whe�her or not the
<br /> sums ar�then due.
<br /> �f the Prope�y�s aba.�.doned by}3arrovvear,or if,after na�ice by Lender ta Ba�r-ov�er�ha�the�ppaszng Part�y�as
<br /> defined in the ne��sentence}offers�o make an awa.rd to settle a c�aiin for damages,Borrower fails t�r�spond t�Lender
<br /> within 3�days aft�r the date�he no��ce�s given,Lender is authorized to col�ect and appiy the Miscel�aneaus Pr��eeds
<br /> e�ther to r�st�ration or repair afthe Proper�y�r to the sums secured by#his Security Instrumen�,whe�he���not�hen due.
<br /> "�ppos�ng Part�y"m�ans�he third par�r�ha�avves Barrovver Miscellaneous Proceeds❑�r the party agains�whom Borr�w�r
<br /> has a righ�of action in rega�-d to Miscellaneous Proceeds.
<br /> Bo�-rav�er shail be in default if a�y action or proce�ding, vvhe�her c�v�l or crzminal, is begun tha�, in Lend�r's
<br /> judgment,�au�d result�n f�rf�i�ure of�he Praperty�r��her mat�rial impa�rmen��f Lend�r's in�e�est in the Property or
<br /> ri�hts under th�s Securit��nstrumen�.Barrow�r can�u�e su�h a d�fau��and,if a�ce�e�ra�ian has oc�urre�,reinsta�e as
<br /> pro�ided in Sect�on 19,by causing the ac�ion or proceeding ta be dismissed w�th a rulizag that,in Lender's judgm�nt, �
<br /> pr��lud�s fQrfeiture af�he Property or a�her materia�impairment of Lender's i�terest in�he Proper�y or right�under thxs
<br /> Securaty Ins�rument.The praceeds of any awa�rd or c�a�m far damages�ha�are a�tributabl�ta the irn�a�.rmen�of Lender's
<br /> interest in�he PrQper�y are h�reby assigned and shall be paid to Lender.
<br /> AI1 M�scellaneous Proceeds that ar�not appiied��restorat�on or repair af the Property shall be app�ied in the o�der
<br /> pro�ided for in Sectian�. -
<br /> 12. E�rr4�wer Nat Released; Forbearanc� Sy Lender Not a Waiver. Extension �f�he time f�r paymen�or
<br /> modifica�ion a�'amor��za�ion of�he sums se�ured b�this Se�uri�Inst�ument gran�ed by Lender to Barrow�r or any
<br /> Succ�ssa�in In�erest of Bvrrower shall no�apera�e to release�he�ia�ility❑f Borr��rer�r any S��c�ssors in�n�erest af
<br /> NEBRASKA-5�ngle Farnily�Fannie MaelFredd�e Mac UNIFQRNt iNSTRUMENT Fvrm�Q2$ 'I1D1
<br /> Page S vf�t 3 �'� �� �
<br /> ios,3nc. Borrower�s�lni#ial� �
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