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��1 5�6649
<br /> �a� Any such agreemen�s will nvt affect the amounts tha�BorratiYer has agreed fa payfor Mortgage Insurance,
<br /> oi• an�� other terms flf the Laan. Such agreemen�s rv��t not increase the amount Bor•�•a`�er �vill owc faz-
<br /> Mnr�gage Insurance, and the3�wi�I nvt entitic Bnrra�ver ta any refund.
<br /> {b� Any �uch agreernents will nnt affect thc ��ights Boi•rn`ve�• has - if any �with �•espect to the Mortgage
<br /> � �nsurance unde�• �he Homeowners Pi•fltec�ion A�t ❑f 1995 0�-any ather �aw.These right� may include the
<br /> r�ght to t•ccei�e ce�•tain disclosures, �o�•equest and obtain�anceilation �f the l�xo�•tgage Insu�-ance, ta t�avc
<br /> �he Mo�-tgag� Insurance te�•�nir�a�ed au�amatically, anr�la�• �a re[:eive a �-efund of any Mortgage Insu�•ance
<br /> p�•emiums �hat�ve�•e unearned a�th�time of�uch canceiiatinn ��•te�•mina�ivn.
<br /> ��r Assignment of Miscellaneous Pra�eeds; For�ei�ure. AlI Mis�elianeous Pt•oceeds are�7er•eby assigned ta
<br /> and sha�l be paid to Lender.
<br /> If the P�-operty is da�-naged, such Mi��eilane�us Pr�ceeds ���all be�applied �o restoration or repair of the Proper�}�, .
<br /> if the res�ora�ian ❑r�•epair is e��nomically feasible and Lender's se�ur�ty is not l�ssened. During such repair and
<br /> restoratiot� periad, Le�lder shall ha��� the right �a I�oid su�h Miscel�al�eous Pra�eeds unt�l Lender has had an
<br /> ❑ppot-�unity to inspect such Praperty ta ensure �l�e ��ork��a� beei� comp[eted to Let�der•'s sa�isfactio�l, pra�Fided
<br /> that su�h inspecttot� slia�[ lle uE�dertaken pra���ptl}�. Ler�der ma��pa�� far the re�airs ai�d res�oratinr� �n a sing�e
<br /> di�bursement a�• it� a series of prog�•ess pay����e�its as �lie ��ark is com�a[et�d. LJnless ar� a�ree���ent is made in
<br /> vv�-iting ar AppIicable Lava reQuires interes� �o be paid n�� sucl� Misc�llaneous Proceeds, Lei�der sliall n�t be
<br /> requir�d to pay Bo��ovver an� i�l�erest or ea�-nings o�� su�h Miscellaneous Praceeds. If t�1� t•estaratian �r r�pair is
<br /> not eco��ornica�ly feasil�le ❑r Let�der's s�cur-i� w�uld be Iessened, the Miscella�ieous Procezds shalI be app�ied
<br /> to t��e sums secu�•ed by �his Se�urity Ir�st�•utne���, wl�et��er �r not then due, v�r��h ���e exces�. if a�1y, paid t❑
<br /> Borravver.5ucl� Miscellaneaus Proceeds shaIl be applied in the oi•de��provided for in Sectian 2.
<br /> In the even� af a total takin�, d�struction, or loss in val�te af the Proper�y, �l�e Misc�l�ane�us Praceeds shall be
<br /> app[ied to the sums secured by� this 5e�urity Inst�umen�, vv��ether �r��ot then dLte, with�he e��ess, if any, paid t❑
<br /> Sorro��ver.
<br /> In the event �f a par�ial takit�g, destruc�ion, or loss in va�ue af the Proper�}r in whi�h tiie fa�r ma��l�et value of the
<br /> Pt•ope�•ty imm�dia�ely befare the par�ial �al�it��, des�ru�tia��, ❑r Iass i��value �s equa� to ot•grea�er tha�1 the amflui�t
<br /> of the sums secured by th�s 5ecuri�y I�lstrumetlt in�mediately befo�•e the partial takir�g, destruGtio��, or loss in
<br /> value,ui�Iess Bvrro�er and L�nder nther�vis� agree it�writi�l�, the sums secured �y t��is 5ecurity In��rument shail
<br /> be reduced by t�z� atnnu��� of the Miscellane�us Praceeds multiplied by tl�e f�llowi��g fraction: �a} the to�al
<br /> a�n�unt af tlle sui�ls secu�-ed ili�mediately�eFo�-e tI�e par�ial takin�, des�ruct�on, ❑r Ias� i�i Walue div�ded ��� �b}t]Ie
<br /> fair tnarke�vaIue of�lie Froper�y itnmediate�y befo�•e���e pa�-t�al taking, dest�-ucttat�, �r loss in value. A�zy balat�ce �
<br /> shall be paid to Borrav�er.
<br /> �t�tl�e event of a pa�-tial takil�g, dest�v�tian, ai•loss ir�value ❑f the P�•opei•�y ���which the fair ma�•ket v�lue of the
<br /> P�•ope�-ty �mmediat�ly befa�•e the partial taking, des�ru�tian, o�•los� in value is Iess than the am�unt �f the sums
<br /> secu�•ed immedia�ely befo�-e �he partial tal�ing, destruction, ai• �oss in value, uniess Ba�•r�wer and Lender-
<br /> otherwise agree in wr�ting, the Miscelianeaus Pi-oc��ds shatl be applied to �l�e sum� se�ui•ed b}� �11is Secur-ity
<br /> Instrument whet�ier or not the surns are then due.
<br /> If the Pr�perty is abanda��ed by Bo�-rower, ❑r if,a�er notice by Lender�o Borrower tha�#he �ppnsing Party�as
<br /> defir�ed in the �-�e�t set�tence} affers to �nalce an avvard to settle a c�aim for damages, Bnr�•�,t�ver fails�a respond to
<br /> Le��der �ithin 3� days after the date the ���ti�e is given, Lender is au�h�riz�d to co�lect a�1d app�y �he
<br /> Mis�eIIaneous Pra�eeds either �o re�tora�ivi� or t•epair❑f the P�•opet-t}� or to ti-�e sums secured b�� t��is Secur�ty
<br /> Instrumer�t, whetller ai•nat then due. "�ppo�ing Pat-ty" means �lYe third party tl�at awe� B�rrowei•Misce�Ia��eous
<br /> Prac�eds or t�ie party against v���om Barrawer has a rig��t of a��ian in regard �� Miscellane�us Proceeds.
<br /> Sorro�ver shail be in default if an� ac�iatl ❑r prflceeding, v��llet��er civ�l ❑r criminal,is begut� t��at, in Lender's
<br /> �udgmet�t, couId result in farfei�ure ❑f t�le Property ot- other materiai impair-ment �f Lender's interest in the
<br /> Pr�pei-�y o�-�-ights und��- this 5ecurity Instrurnent.
<br /> NEBRASI{A-5ingle Fami[y-Fannie MaelFreddf� Mac 41NIFORM INSTRUM�iV7 WITH MER5 Form 3ti28 11��
<br /> VMI'�3 VMP6A��fE� ��3U��.{iD
<br /> Wolters iCluwer Financial Servi�es Pege 9 af 15
<br /> �OOONETfl�Ga57--4���'f 3'1799
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