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2� 1 ��� 138
<br /> ��} A.ny su�h agreements will nat affect the amounts that Borrower has agreed t�pay fQr Martgage
<br /> �nsura��e,or�an���her terr�s af tbe I�aan.Suc�agreements w�ill n�t�ncre�se the amvunt
<br /> Barrower will owe for Martgage Insur�nce,and they will nvt entit�e B�rrawer to any refund,
<br /> �!a) Any such agreements will no#affect the rights Borrower has-if any-with respeet to the
<br /> Mortgage Insuran�e under the Hameowners Prvtectivn Act vf 19�8 ar any other l�w.These rights
<br /> may�n�lude the right ta rece�ve certain dis�lasures,to request�nd vbtain cancellat�on of the
<br /> Murtgage Insurance,t�have the Mortgage Insurance terminated automatic�l��,andlor to receive
<br /> a refun�af any Mvrtgage Insurance premiums that were unearned at the#ime af such
<br /> can�ellation 4r terminatian.
<br /> 11. Assignmentof IlAiscel�aneousProceeds;Forfeiture.All Miscellaneous Froceeds are hereby assigned to
<br /> and sha11�e paid to Lender.
<br /> If the Property is damaged, such Misce�lan�atts Proceeds sha��be app��ed ta restaration or repai��f�th�
<br /> Property, if the restoration or repaix is economical�y feasible and Le�.der's s�curity is not lessen�d. During
<br /> suGh repair and restaratian per�od,Lender shall ha�e the r�ght to ha�d�uch Miscellaneous Proceeds until
<br /> Lender has had an apportunity to inspect suGh Froperty to ensure�he work has been completed to Lender�s
<br /> sat�sfaction,pr��ided that such inspection sha11 b�undertaken promptly. Lender may pay for the repairs and
<br /> restoration in a single disbursem�nt or in a series of progress payments as the work i�completed.Un�ess an
<br /> agreement is made in writing or Applica�le Law requires interest tfl be paid an such�I�Iisce�laneous�roceeds,
<br /> L�nder sha11 not be required to pay Borrower any interest or earnings on such 1Vl�scellaneous Proceeds, If the
<br /> restoration or repair is not econ�mica�ly feasib�e or Lender's security would be lessened,the Miscellan�eous
<br /> Proceeds�hall be applied to the sums secured by this Security Instrument,�vhether or not then due,with the
<br /> excess, if any,pa�d to Borrower. �uch M�scellaneous Proceeds shall be applied in the arder provided for in
<br /> Sect�on 2.
<br /> In the�vent of a total t�king,destruction,or�ass in va�ue of the Property,the Misc�llaneous F'roc�eds sha��
<br /> be applied to the sums secured by this Security Instrument,whether ar not then due,with the excess, if any,
<br /> pa�d to Borrovver.
<br /> In the e�ent of a partiat taking,de�truction,or loss�n value of the Property in vvhich the fair max�et va�ue of
<br /> the Property immediately befare the partial taking,destruction,or�oss in va�ue is equal ta ar greater t�an the
<br /> amount of the sums secured by this Secur�ty Instrument immediately before the par�ial taking,destruction,or
<br /> Ioss�n value,unless Bonower and Lender otherw�se agree in vv�riting,the sums secured by thi�Security
<br /> Instrument shall be reduced by the amount of the Misceltaaeous Proceeds multiplied by the fatlowing
<br /> fraction: (a)the total amount of the sums s�cur�d�mmediately before the part�at ta.king,destruction,or l�ss
<br /> �n value divided by�b�the fair market value of the Property immed�ately before the par�ial taking,
<br /> destruct�on,or loss in value.Any balance shall be paid to Borrower.
<br /> In the event of a partial ta.ki.ng,de�truction,�r�ass in value of the Pr�perty in which the fair ma�ket value of
<br /> the Praperty immediateiy befare the partiat taking,destruction,vr�oss in�a1ue is�ess ti�an th�amount of t�e
<br /> sums secured�mmediately before the part�al taking,destruction,or loss in value,un�ess B�rrower and
<br /> Lender atherwise agree in wr�ting,the Miscellaneous Proceeds shalY be appl�ed tv the sums secured by this
<br /> Security Instrument whether or nat th�sums are then due.
<br /> If the Property is abandoned by Borrower,or if,after notice by Lend�r to Borrawer that the Qpposing Party
<br /> (as defined in the next sentence}offer�s to make an award to sett��a c�a�m f�r damages,Borrower fai�s to
<br /> respond to L�nder within 3�days after the date the notice is given,Lender is authori�ed tQ callect and apply
<br /> the Miscellaneaus Proceeds either to restoration or repair of the Property or to the sums secured by this
<br /> NEBRASKA-Single Family-Fannie MaefFreddie Mac LlNIFQRM 1NSTRUMENT VIIITH MERS Form 3D2B 1f41
<br /> v�p g VMPfiA(NE}�1342}.44
<br /> V�lolters i�C�uwer Financia�5ervices Page 4 4 of 9 7
<br /> q�3359�71021 4�33 371 1U17
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