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2� 1 ��73�5
<br /> �a� Any such agreements�ill nat affect the am�unts that B�rr�wer has agreed to pay f�r Mortgage
<br /> Insurance,or any other terms of the Loan.Such agreements wi�l ntit increase the am�unt
<br /> Barrawer will�we for Mortgage Insurance,and they w�ll not entit�e Borrower to any refun�l.
<br /> �b} An�such agreements will not affect the righ#s Bvrrower ha�-if any-with respe�t to the
<br /> Mar�gage Insuran�e under the Homeov�ners Prvtectian Act of 1��8 or any o�h.er la�,These rights
<br /> may include the r�ght t�receive Gertain disc��sures,to request and obtain cancelian�n�f the
<br /> Mortgage Insurance,t�h�ve the Martgage Insurance terminated aut�matically,an�.l�r to receive
<br /> a refund of any Mortgag�Insurance premiums that were unearned at the time af such
<br /> Cancellation or termination.
<br /> �11, Ass�gnmentaf MiseellaneousProe�ed�;ForF�iture.Ai�Misce��aneous Praceeds are hereby assigned to
<br /> and shatl be paid to Lender.
<br /> �f the Property is damaged,such Miscellaneous Praceeds sha11 be applied to restora�ion or repair af the
<br /> Property, if the restoration or repair is econom��atty feasible and Lender's security is not lessened. During
<br /> such repair and restoration period,Lender sha11 have the right to hold such Miscellaneous Proceeds until
<br /> Lender has had an�pportunity ta�nspec�such Property to ensure the work has been completed to Lender's
<br /> satisfaction,pro�rided that such inspection sha11 be und�rtak�n prompt�y.Lender may pa�for th�repairs and
<br /> restora��on in a single disbursement or in a serie�af pr�greSs payments�s the work is comp�eted.Unless an
<br /> agreernen�is mad�in�vrit�ng or Applicable Law req�ue�interest to be�aid on such Miscellaneous Proceeds,
<br /> Lender shall not be required to pay Barraw�r any�nt�r�st vr earnings on such Miscellaneous Pr�ce�ds. If the
<br /> restoration or repair is not eG�nom�cally feasible or Lender's se�urity wou�d be lessened,the Miscellaneous
<br /> Proceeds sha11 be applied to the surns secured by this S�curity Instrument,�vhether�r not then due,with the
<br /> excess, if any,paid to Borrower. Such Miscellane�us Proceeds shall be applied in the�rder prQvided for in
<br /> Sect�on�.
<br /> In the event of a tota.l taking,destruction,or Ioss ia va�ue of the Froperty,th�Miscellaneous Proceeds sha11
<br /> be applied to the sums secured by this S�curity Instrumen�,whether or not then due,with the excess, if any,
<br /> paid to Borrower,
<br /> In the e�ent of a partial taking,destructi�n,or loss in value�f the Pr�p�rty in which the fair market va�ue af
<br /> the Proper�y�mmediately befare the partial taking,destruction,or�oss in value is equal tn or gr�ater than the
<br /> amount of�he sums secured by this Security Ins�rurnent immediately before th�partia�taking,destruction,or
<br /> lo�s in value,unless Bvrrower and Lender otherw�se agr��in writing,the sums�ecured by this Security
<br /> Instrument shall be reduced by the am�unt vf the Miscellaneous Proceeds multiplied by the following
<br /> fraction: (a}the total amount of�h�sums secur�d immediately befor�the par�ial tal�in�,destruction,or lass
<br /> in value divided by(b)the fair market value of the Property immediately before the pa,rtia�takin�,
<br /> de�truction,or�oss in vaiue.Any balance shall be paid to Borrower,
<br /> In the event of a partial ta.k�ng,destruction,or�oss in value of the Property in tivhich the fair market value of
<br /> the Property immediate�y bef�re the partial taking,destxuction,ar loss in value is less than the amount of the
<br /> sums secured immediately before the par�ial taking,destr�uuction,or loss in va�ue,unless Bnrrower and
<br /> Lender otherwise agree in writing,the Miscellaneous Proceeds sha11 be app��ed to the sums secured by this
<br /> Securi�y Instrument whether�r not the sums are th�n due.
<br /> If the Pragerty is abandaned by Borrower,or if,after nat�ce by Lead�r ta Borr�wer that th��pposing Pa,rty
<br /> (as defined in the nea�t sentence)offers to make an award t�settle a claim f�r damages,Borrovv�r fails to
<br /> respond to Lender�vithin 3�days after the date the notice is given.,Lender is authori�ed t�collect and apply
<br /> the Miscellaneous Proceeds either to restoration�r repair of the Property or to the sum�secured by this
<br /> NEBRASKA-Sir�gle Famiiy-Fa�nie MaelFreddie Mac UNIF[]RM IMSTRLIMENT 11l�1T�!MERS Form 3426 1141
<br /> VMP� VMPSA�NE}{13fl2}.U4
<br /> WaRters Kluwer Financial Services Page 14 of 17
<br /> q�3363534�4p ��33 �95 1�17
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