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201602230
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Last modified
7/23/2017 10:38:08 AM
Creation date
4/15/2016 8:51:24 AM
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DEEDS
Inst Number
201602230
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2� 1 ��223� <br /> ��� Any such agreem�nts wi�l n�t affe�t th�amount��hat Svrrvwer has agr�ed to pay fvr Mar�gage <br /> �nsuranc�, ar any other terms nf�he L��n. Such agr+e��nents vv��� n�t�ncr�ase the an�ount <br /> Borr�►�v�r v����owe for��rtgage Insuran�e, and �hey wi�� no�en�it��I3orr�w�r t�any refund, <br /> �h� An�su�h agreenr�ents �vi�l r�o�affec�the rights Bvrr4v�er has- if any-�with re5pect to thr� <br /> M�r�gage In�urance under the hTomeown�rs Pratectinn Act of 1�9�Qr an�other �aw. The�e right� <br /> �n�y inc�ud�the righ#t� rec�i�e cer�ta�n d�5cia�ur�s, �v requ�st and o���in �anc���at�on of the <br /> N�or�gage Insur�nce� to have the N��rtgage�nsurance ter-m�na�ed autnrr�at�ca��y, andlvr to receive <br /> a refund vf any �artgage Insuranc�premiums that v�vere unearned a�the fi�me of�uch <br /> C�nce��a��on or ter�ninat��n. <br /> 1'�. ►F����nment �f ��s�e�l�t��t�us P�'�e�ds; Forfe�t�ure. All M is�ellane�us Praceeds are hereby assigned�o <br /> and shall b�paid�o Lende�. <br /> If the Prop�rty is dama�ed, such 11�isce�Ianeaus P"roc�eds sha�l be applied�o res�ora�i�n ar repair of the <br /> Prvperty, �f the restvrat�an ar repa�r�s ecvnomica��y f�as���e a�nd Lender's secur�ty �s n�� lessened. During <br /> such� repair and res�ara�ion period, Lend�r sha��haWe�he�r�ght to hv�d such M�sce�laneous Proceeds un�il <br /> Lender�as�ad an oppor�unit��o inspe��such Froper�y�o�nsure the vvark has been co�ple�ed�o Lender;s <br /> sa�isfac�io�, pro�ided��a�such inspec�ian s�all be un�er�aken pra�np�l}�. Ler�der rnay�a�far the repa�rs and <br /> re�tvra�ion in a single disbursemen�or in a ser�es of pragre�s paym�n�s as th�worl� is�flmple�ed. Unl�ss an <br /> agr�emen��s made�n�urrr�t�ng or A�p��ca��e Lavv requires interes��o be paid on such Misee��aneou� Proceeds, <br /> Lende�r sha�� not be re�u�red�o pa�r Barro�er any interes�or earn�n�s�n such N�isce��aneaus Proceeds. If�he <br /> r�storatian ��r�pair is no�econornica��y feasi��e�r Lender's �ecurity�nrou�d be �essened, ��.e Mise���aneaus <br /> Pr��eeds s�a11 be applied����e s�u�ns secured by��.7s Secur�ty Ins�rum�nt, �rh��her or n�t�hen due, v�ri�� ��e <br /> excess, if any, paid�� Borro��r. Such M isc�llaneaus Proce�ds sha�� be app���d in�he order�r��rid�d f�r �n <br /> Se�t�on �. <br /> �n the eWen�of a�ota� ta.k�ng, destruc�i�n, �r��ss in Wa�u�af th�Praperty, the M�s����aneou� Praceed�shall <br /> be app�i�d�o�he surns secured b��h�s Security �nstru�en�, v��et�er or no�th�n due, v��tih the e��ess, if a�y, <br /> paid t� Borrower. <br /> �n�he e�en�of a par�ia� �a�ing, d���ruc�ion, ar �oss in value of��e Property in w�ic�t�he fa.ir mark�t�a�ue of <br /> ��e Praper�y i�n�ediately b�fare��e par�ial�aking, d�s�r�uc�ian., or lass in value is equal��or gr�a�er�han ��e <br /> arnaun�af��e�ums s��ured by�h�s ���ur��y �ns�ru�n�n�imme�ia�e�y before��e par�ial�aking, des�ruct��n, �r <br /> �vss in �ra�ue, un�ess Borr��vver and Lender�therwise agree�n v�rit�ng, �he su�ns secured b� th�s 5ecurity <br /> �n�trument sha�� b�redu�ed�y the a�rn�un�of the M�s����aneous Proceeds mu���pl ied by��ie�ol lav�ing <br /> fract�vn: [a�the�o�a�amaun�of the surns secure� i�mrnedia�ely bef�re�h�par�ial �akin�, d�s�ruc�ion, �r�oss <br /> in vai�e di�i�ed by ��b}��.e fair rnarke��alue of�he Proper�y xn�rnedia�ely b�f�re�he par�ial �ak�ng, <br /> des�r�uc�ion, o�r �oss in �alue. �.ny balance s�all be paid�o Borrower. <br /> �n the erren�of a partia��aking, destruc�ion, ar loss in value af�he Proper�y in which the fa�r market value�f <br /> the Froper�y �mm�d�ate��bef�re the part�a��aking, des�ruct�an, or�oss �n va�u� �s �e�s��.an��e amount of t�e <br /> sums secured �mmed�ate�� before th�part�a� ta�ing, destructi�n, or ��ss i� �alue, unle�s Borro�ver and <br /> L�ender otherwis�agree�n �vr��ing, the M�sc���aneflus Pr�cee�s sha�� be app�ied to�he sums s�cured by��is <br /> Securi�y �ns�run��n��vh��h�r�r na��he surns are�hen du�. <br /> If��e Proper�y is abandoned�y Borro�ver, or if, aft�r no�ice�y Le�de�-�a�arrawer�ha��h�t3pp�s�ng Par�y <br /> �as defined in��e�ex�sen��n���offers�o�nake an award�o se�tle a�lairn f�r darnages, B�rr��er fails�o <br /> r�spon��v Lender�i��in �D days after�he�a�e t�e nntice �s�i�ren, Lender is auth�r�ze�to coliec�and app�y <br /> �he�is�ellaneQu�Proceeds e�ther to res�ora���n or repa�r of the Prop�rty or tfl the su�ns s�cured by��is <br /> 2�15�843944 �o�a4s�000�2s7���5 24�4 <br /> TVFBRASKA-S�ngie Fami[y�Fann�e MaelFreddie Mac UNIF�RM lNSTRUMENT VIlITH MERS Farm 3�28'�lD1 <br /> ��P C� V�lI PSA�NE}�'i 3aZ} <br /> llllvEters Kluw e�Finan�i�l Services 4!7'f2�1 fi �fl:23 AM Page"1❑vf'!T <br />
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