Laserfiche WebLink
2� 1 �� 13� 1 <br /> �a} Any�uch agreements will n�t affect�he amounts that Borrower has agreed to pay for Mortga�e <br /> Insurance,ar any ather tern�s af the Loan.Such agreements will nv�in�rease the am�unt <br /> B�rrower will owe for M�rtgage Insurance,and they wil�not entitle Borrower to any refund, <br /> {b� An�such agreements will nnt affect the rights Bvrrflvver has-if an.�-with r�spect ta the <br /> Mortgage Insuran�e under the Hvmetiwners Protection Act of 19�8�r any other law.These rights <br /> ma�include the right t�receive certain dis���sures,to request and obtain can�ella�i�n af the <br /> Mortgage Insura�.ce,t��.ave the Mortgag�Insuran�e terminated au�omati�a��y,ant�lar to re�eive <br /> a refund of any Mortgag�Insurance premiums that were unearne�i at the time vf such <br /> �ancellation�r termina#ion. <br /> �I'I. Assignmentvf Il�isc�IlaneousProceeds;ForFeiture.Al�Miscel�aneous ProGeeds are hereby assigaed to <br /> and sha11 be paid�to Lender. <br /> If the Praperty is damaged,such Misc�llaneous Proc�eds sha11 be applied ta r�storation or repair of the <br /> Property, �f the restoration or repair is economically feasible and Lender's security is not lessened. During <br /> such repa�r an.d restoration period,Lender sha11 have the righ�to ho�d such Miscellaneaus Proceeds until <br /> Lender has had an opportunity to inspect such Property to ensure the�vark has been completed to Lender's <br /> sa�isfactian,provided that such inspection shal�be undertaken promptly. Lender may pa�for the repairs aad <br /> res�ora�ivn�n a s�ng�e disb��s�men.t vr in a series vf�rogr�ss pa�rr�ents as the u�ork�s cor�p�e��d, U�less an <br /> agreement is made in writing ar App�icable Law r�quires�nterest to be paid on such Misce�laneous Proceeds, <br /> Lender shal�not be required to pay Borro�ver any interest or�amings on sueh M�scellaneous proceeds. If the <br /> restoratior�or repa�r�s not economica��y�eas�b�e or I�ender's securit�wa��d b��es�ened,the Misce��aneous <br /> Proce�ds sha11 be applied to the sums secured by this Security Instrum�nt,whether or not then due,with the <br /> excess,if any,paid to Borro�ver. Such Miscellan��u�Proceeds shall be appl�ed in the order provided for in <br /> Section 2. <br /> In the event of a tata�taking,destruction,vr�vss in�ralue of the Proper�y,the 1Vliscel�aneous Proceeds sha11 <br /> b�ap��ied to the sums secur�d b�th�s Secu��ty Instrument,�rhether or not then due,w���the e��ess, �f an�, <br /> p�.id to Borro�ver. <br /> In the event of a partial taking,destruction,or lass in value of the Property in�vhich the fair market value of <br /> the Property immedia�ely before the partia�ta.king,destruction,or 1�ss in value is equal to ar greater than the <br /> am�unt of the sums secured by this Security Instrument immediately before�he partial taking,destruction,or <br /> los�in value,unless Borra�er and I.render othe�vise agre�in wr��ing�th�sum�secure�by�his Security <br /> Instrument sha11 b�redueed by the amount af the Mi�ce�Ianeous Praceeds multiplied by the following <br /> fraction: (a}the tota�amount of the sums se�ured immediat�ly before the partial taking,destruction�or loss <br /> i��ralue dxvide�b�(b1�he fair market va�ue of the Property xmmed�ate��before the par�tia�tal���g, <br /> destruct�on,or loss in�alue.Any balance sha11 be paid ta Borrot�ver. <br /> In the e�ent of a par�ial taking,destruction,or lass in value of�he Prope�-�y in which the fau m�rket value of <br /> the Property immediate�y befor�th�partial taking,destruction,or loss in value is less than the amflunt of the <br /> sums secured immediately before the partial taking,destruction,or loss in value,unless Borrower and <br /> Lender o�h���se agFee xn�r�t�ng,the N�iscel�ane�us Proceec�s sha�l be a��a��ed�o the sums secured by t�.�s <br /> 5ecurity Instrument whether or n�t the sums are then due. <br /> If the Property is abandoned by Borrower,ar if,aftex notice by Lender to Borrovver tha�t the�pposing Party <br /> (as defined in the next sentence}offers to rnake an award to settle a c�aim for damages,Banower fails to <br /> respond to Lender within 3�days a#�er the date the notice is gi�en,L�nder is authorized�o co�lect and apply <br /> the Miscellaneous Proceeds�ith�r to restoratian or repair of the Property or to the sums secured by this <br /> NEBRASKA-Single Family-Fannie MaefFreddie Mac L1NIF4F�M INSTRUMENT iNITH MERS Form 3�28 1f41 <br /> V�fP� VMp&A4�lE�{�3Q2).U� <br /> Wolters Kl�,awer Fi�ancial Services p�g��4 af�7 <br /> q�33519642�3 4233 3Z$ 1�I7 <br />