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201602769
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Last modified
7/24/2017 1:39:55 PM
Creation date
5/5/2016 1:54:05 PM
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DEEDS
Inst Number
201602769
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2� 1 ��27�9 <br /> �a} Any such ag�reem�nts wi��not affe�t the amaunts that Barrawer has agr�ed ta pay for Mv�~tgage <br /> Insurance,�r an�vther terms nf the L�an.Such agreements w�1�n�t increase the am�unt <br /> B�r�vvver wil�owe f�r�iortg�ge Insur�nce,and they will n[�t entitle Borr�wer to any refund. <br /> �b} Any such a�reements will not affect the rights Borrvwer has-�f any-with respe�t to the <br /> Mvrtgage Insuranc�under the I3ome�wners Protect�an A�t of 1998 or any ather law.Thes�righ�s <br /> ma�include the r�ght tv receive certain dis�lv�ures,to request and obtain Gancellati�n�f the <br /> Mvrtgage Insuranee,to h�ve the Mortgage Insurance terminated�utoma#ical�y,andl�r t�recei�e <br /> � a refund of any M�rtgage Insuran�e premiums that vYere unearned�t the t�me of such <br /> c�ncellation or termination. <br /> j 71. As���nmentof lVtiscel�aneousl3rviceeds;Fvrfeiture.All Misceilaneous Proceeds are hereby ass��ned to <br /> � and�ha11 b�paid to L�nder, <br /> I . . <br /> ' If the Property�s damaged,such Miscellaneous Pr�ceeds sha11 be applied ta restoratian or repa�r�f the <br /> ; Property, if the restoratian or repau is economica��y feasible and Len.der's security is not lessened. Dur�ng <br /> ; such repair and restoration period,Lender sha11 have the right to hvld such Miscellaneous Proceeds unt�t <br /> Len.der has had an appvrtunity ta inspect�uch Property to erlsur�the�uark has been completed to Lender's <br /> satisfactioa,provided that such inspection sha11 be un�erta.k�n promptly. Lender may pay for the repairs and <br /> r�storation in a single disburs�ment or in a series of pragre�s payments as the�ror�is campleted.Unless an <br /> agreement is made in.�vriting or Applicable La�v requires interest to be paid nn su�h Miscellaneous Proceeds, <br /> Lender shall not be required ta pay Borro�er any interest�r earnings on su�h Miscellaneous Proceeds. If the <br /> restorat�on or repair is n�t economi�a�ly feasible ar I�ender's securit�wQu�d t��lessened,the Nlis��llaneous <br /> Proc�eds�ha11 be applied to the sums secured by th�s Security Instru.ment,whether or not tben due,�vith the <br /> excess, if any,paid to Borro�ver. Such Miscellaneous Proceeds shal�be a�plied in the order pra�ided for ia <br /> Se��ion 2. - <br /> In the event�f a tota.�taking,destruction,or loss in value of the Property,the Misce��aneous P�oceeds sha11 <br /> be applied to the sums secured b�this Security Instrument,w�et�er or not then due,wi�h the excess,if any, <br /> paid to BQrrower. <br /> In the e�ent of a partial taking,destruction,or�oss in value of the Property in which the fa�.r market value of <br /> the Property immediately before the par�xal taking,destruction,or lass in�alue is equal to or greater than the <br /> amaunt af the sums secured by this Security In.strument rmmediat�ly before the partial taking,destructivn,ar <br /> l�ss in valu�,unless�orro�ver and Lender otherwise agree in writing,th�sums secu.red by this Security <br /> � Instrument shall be reduced by the am�unt of the Miscellaneous Proceeds multiplied b�the following <br /> fract��n: �a)the total amount of the sums secured iYnmediatel}�before the partial ta�in�,destruction,or loss <br /> ; in va�ue divided by�b)the fair market value of the Pr�perty immediately before the partial taking� <br /> ; �estructio�,or�ass in�alu�.An�balance sha11 b�paid to Borro�er. <br /> In the eve�.�of a partial taking,destruction,or loss in value of the Prap�rty�n which th�fa�r mark�t value�f <br /> the Froperty immed�ately before the partiat�aking,d�struction,or loss in value is less than the amount of the <br /> sums secured immediatel}�before the part�a�takin�,des�rtiction,ar loss in value,unless Barrower and <br /> Lender other�vise agree in�vriting,the M�scei�aneous Prvicee�s sha11 be applied to th��ums secured by this <br /> Security Instrument�hether or n�t the sums are then due. <br /> If the Praperty is abandaaed by Borrower,�r if,after notice b�Lender�o�orrower�hat the�ppasing Farty <br /> �as def�ned in the next senten�e)offers to mak�a�award to se�tle a claim for damages,Barrow�r fails t� <br /> respond to Lender�r�thin 3�days af�er the date the notice is given,L�nder is authori�ed to cot�ect and apply <br /> the Misce��aneous Proc��ds either to restoration or repair of th�Property or ta the sums secured by this <br /> NEBRASICA�ingfe Family-Fannie MaelFreddie Mac UNfFORM iNSTRIJMENT WITH MERS F�rm 3028 1141 <br /> VMP� VMPBA[NE)[1342}.40 <br /> Wo�iers Kluwe�r�inancial Se�vice� Pag�10 of 17 <br /> qo3�ss�$5�1�. 0�33 �s� iol� <br />
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