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201506125
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Last modified
7/21/2017 8:08:04 AM
Creation date
9/8/2015 10:00:53 AM
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DEEDS
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201506125
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��15��1 � 5 <br /> �a� Any such agreements wi.l�na�affect the amaunts that Barrower has agreed�v pay fQr Martgage <br /> Insuran�e,vr any�ther terms of the L�an.Su�h agreements wili n��increase the a�vunt <br /> Barrower will owe for Martgage Insurance, and�hey v�ill not ent�tl��orrawer to any refund. <br /> �b� Any such agreements will not affect the rights B�rrQwer has-if any-with respect ta the <br /> M�rtgage Insurance under�he Homeowner�Pratect�on A�t vf 1�98�r any�ther law.These rights <br /> may inClu�de�he right ta recei�e�ertain dis�lasures,ta r�que��and ob�a�n Can�ellatiaa nf the <br /> Martgage Iasuranc�3 tv h�ve the Mortgage Insurance��rminated autamatically,an�lar t�receiv� <br /> a refund af any M��tgage Insurance pxemiums tha�vYer�unearned at the t�me of such <br /> �an�ellatxnn vr term�nation, <br /> �!'I. �Iss�gnmentof Nlisc�IlanevusPr�c�ed�;Forfeiture.All Miscetlaneous Proceeds are hereby assigned ta <br /> and shaii be paid t�Lender. <br /> If the Property�s damage�,su�h Miscellaneous proce�ds s1�a11 be applied ta restorat�on or repair of�h� <br /> Property, if the restoration or r�pau is ec�namica��y f�asihle and Lender's security is not lessened.During <br /> such repair and re�toration per�od,L�n��r�ha��have th�right to hold such M�scel�aneous Froceeds until <br /> L�nder has had an�pp�rtuni�r to in�pect such Property t�ensure the work ha�been campleted to Lender's <br /> satisfaction,pro�ided tha�such ixasp�ction sha11 U�undertaken pr�mptly.Lender may pa�far the repairs and <br /> restoratian in a sin�le disbursement or in a series of progress payme�ts as the wark is com��eted.Unless an <br /> agreement is made in writing or Applicable Law re�uues interest to b�paid on such Miscellaneous Proceeds, <br /> Leader shall not be required to pay B�rrower any interes�or earnings on such Miscellaneaus Proceeds.If the <br /> rest�ratian or repair is not ecanomically fea�ible ar Le�der's security would be lessened,the Miscet�an��us <br /> Proceeds sha��be applied ta the su�ns secured b��his Security Instrument,whether or not�hen due,with the <br /> excess,if any,paid�a Bortvwer. Such Miscellan�ous Proc�eds shall be appl��d in the ord�r pro�rided for in <br /> �ec��on�. <br /> In the event af a tntal taking,destruGtion,or loss�n value of the Property,the Miscellaneous Proceeds shalt <br /> be applied to the sums secur�d by this 5ecurity Instrurnent,whether or no�then du�,with the ex�ess,if an�, <br /> paid to Barrower. <br /> In the event of a partial taking,destructioa,or loss in value c�f the Pr�perty i�a which the fair market value�f <br /> the Property irnmediately before th�pa�ial takxng,de�tructi�n,or lass in va�u�is equ��to or greater than the <br /> amount af the sums s��u�ed by�hi���curity�nst�urnent�immediately be�are the partial t�ing,de�truction,or <br /> loss in�a�u�,unless Borr��ver an�d Lead�r athexwis��gree i��r�tin�,tb.e�ums se�ured by this�eGurity <br /> Instrument�ha�1 be reduced�y the amount of th�1Vli�cellan�ous Praceeds rr��ltiplied by�he f�llowing <br /> fraction: (a}t1�e tvta�arn�unt of the sums secuared in�m�diately�efore the par�ial tal�ing,destruct�on.,�r loss <br /> in va��e d�vided b�'�b)the fair mar�et�ralue of the�roper�immediately before�he partial taking, <br /> destrueti�n,or loss i�va�ue.Any ba�an�e s�a11�a�pai�l tio�c�rr�wer. <br /> In the�vent of a parti�.l ta�.king,des�ruction,or�Qss�n�r�lue of t�ae Prop�rty��which the fair rnarket�alue af <br /> the praperty imm�diately bef�re�he partial�akiag,de�truGtion,�r 1a�s in value is��ss than th�amount of the <br /> sums secured irnm�diat�ty befor�tb.�part�al t�.king,�d�s�ructior��or loss in value,u�tess Barrow�r and <br /> Lender otherwise agre�in�riti.ng,the l�Iisce��aneou��'raceeds shalt be app�i�d to the�ums�ecured�y this <br /> Securi�I�stru�ment�hether or not th�sums are then due. <br /> I�tbe Property is ab�ndon�d by Bozrower,or if,a#�er noti�e by L�nder to Borro�ver�hat th��ppQ�i�g P�rty <br /> �a�defined i�x t�e ne�.t s�n�eac�)of�ers ta xna�e an av�ard ta�ettl�a ciaim far damage�,Barrv�er fai1�ta <br /> respond to L�nder wi�hin 3�day�after�he d�te the�.vti�e is gi�en,Lender is auth�ori�ed to co�lec�and apply <br /> the Misce�laneaus Proc�eds either to re5toration�r repair of the Prope�-t�ar t�th�surns s��ured by thzs <br /> NEBRASKASingle Family-Fannie�laeiF�eddie Mac LlAiIFORM INSTRUMENT WITH M�RS Farm 3d28 1141 <br /> VMP� VMPfiA(NE)�1342).44 <br /> Vliofters Kluwer�inan�ia#Senric�s l�age 1 a af�T <br /> qQ334568 �75 U 3 ��� 1Q1� � <br />
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