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<br /> 2� 1 ��731 �
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<br /> Lcnder pro�iding for suct�terminativn or until tcrmination is rcquired by Applir�b�e Law. Nothing in ihis 5e�[ion
<br /> l��ffects Borrawcr's nhligatinn tn r�y intere.�t at thc rate pro�idod in the Notc.
<br />. Mortaage I�surance reimburs�s Lender(vr any entity[hat purcl�ases the nlate}Far ctrtain losses it may incur
<br />� if Borrower does nol rcpuy thc�..oan�s agreed. Barrow�r is not a party tu��e Mortgagc In.surance.
<br />' Mort;age insurers eValu�te their totai risk on aj�such insur�nce in forcc Frvm time[a time,ar�d may enter ir�t❑
<br />� agrecmcn�.s with othcr parties that s�t�rc or mvdify their ri��:, vr rc:duce losses. Ttiese�grccments are on terms and
<br /> conditivns ihat arc:s;uisf:�clory to the mortgage insurcr�nd thc other par[y�or parties}to thes�agre�m�nis. Th�se
<br />, agrcemcn�s rn�y rcq�irc thc mortgagc ynsurcr to make paymcnts using any saurce nf funcis t�yat Uie rnartgage insurer
<br />. may ha�e a�ail�ble(whi�h rnay include funds obt��ned fram MarlgAge�r�surance premiums].
<br /> �1.s a result vf thesc�greements,Lendcr, any pur�hascr of the[�at�,another insurer,any reinsurer,any vthcr
<br /> cnliEy,or any�Ff�ia�c vFany of the faregoi�ig,rnay rcccivc(dtrc:ctly or indircrt�y}amounts that deri�e frurn(or might
<br /> be characterized as)a portivn of Barrower's paymc�nl.s fvr Mor�.gage Insurtutce,in exch�nge�ar sharing or mvdifying
<br /> t�ie martgage insufer's risk,o�reducin�losses. �f such agreement provides thai an affiliatc of Lender takes a share
<br /> af thc insurer`s risk in ex�hange for a share aF thc premiurns paid la ui�insurer, tlie arrnngcment is often termed
<br /> "captiUe reinsurance." �vrther:
<br /> (aj Any such agteemenls wi�t nut af#'uci the atnvunts that Sorrower has agcced#a pay far N[or�tgage
<br /> I�ur:usre,ur nny ovier terms of tlyc Loan. �ur.h�greements wiil oot incres�sc thc mm�unt Borrow�;r.ri�[oK�e
<br /> for Mortgagc Insuranc�,�tnd��ey�ritl nai entitle Borro��er to any refund.
<br /> [bj Any such a�recmcnis�vill not af'�c�t#he ri�hts Bornn�vcr has-if s�ny-with resperE tv the I�ortgugc
<br /> Ir�gurance und�r#he Homeowncrs Protection Act af�998 or any other Ia�v. Thesc rig�ts m�y includc the right
<br /> ta rcccivc ccri.efn disclasurrs, tv rt�qucst und ohtain cuncellatiun af the Mvrkga�e insurance, tn haoe t�i�
<br /> Mart�a�c Insurence terminated automatica�ly,andlar ta n�c.�ir+e n re�und ot'�ny 1�ortbage�asuranee prem�ums
<br /> tl�ut werc unc�rncd�#the time o#'sucI�cnn��eilntian or terrnint�tion.
<br /> 1f. A.SSignment of Mis�el�ne4u.s Pr�cecds;Fnrfeitur� AZ�Misceilaneous Proceeds�re��ere�y a,ssigxted to
<br /> and s;�aii be paid tv I�nder.
<br /> If the Pra�rty is darnag�d,such Misccllan�ous Praceeds sh��l be�pplicd ta restoratior�ar repair of the Property,
<br /> if the restor�tivn or r�pair is econornicaUy feasible aod Lcnder's scrt�rity is not lesScncd. During such rcpair and
<br /> reseoration perivd, �cnder shall ha�e tlfc right t❑ ha�d such MiScelianevu5 Fracccds unti! Lendcr has had un
<br /> o�pnrtuni�y t❑inspert such Praperty to ensure�he work has b�en completed to Lendcf's satisfaction,provid�:d that
<br /> tiurh inspect�on shatl be ur�dertaken promptly. Lencler m�y pay for��e repairs and restvratiuii in a single di�bursem�nt
<br /> o�•��a sertes v�pragress payments a���e work is compicled. Unlcss an agrcement is made in writing or Applicahie
<br /> La►�+r�quires in[erest to b�paid vn sucl�Miscel[anevus Proceeds,Lc:ndcr shall not be requ�red to pay Qorrawer any
<br /> interest or earnin�s on such Miscellaneous Pra��eds. Tf tlic restoration ot'rep�ir is not economica�ly �easible or
<br /> Lender's security wauld be�esscned,[he�Vlisaeilaneous Proceeds sha11 he applied ta ttte stsms secured by ihis 5ccurily
<br /> lnstrurncnt, whe��cr ar noi ihen du�,with thc cxcess,tf any,�aid to Sorrower. 5uch�isce�laneous Prnce�ds shali
<br /> be applied in tfie arder pra�ided fvr in 5ectivn 2.
<br /> in the e�em o�'a totat takins,destructior�,or loss in�a�ue of thc Property,d�e Misccllancous Proceeds sha�I be
<br /> a�plied ta thc sums securcd by this Sc�ur�ty�nslrurnent, wttctt�r vr not then due, with the ex�ess, if nny, p�id ta
<br /> Bvrrou►cr.
<br /> In��ie e�enl of a pariial taking,destr�Ction, or�oss in value nF the Property in wliirh thc f;�ir m;axket va�uc af
<br /> the Prop�rty immec���ately betcxe the��rl:al taking,de�Eruction,vr lass in vaiuc is cqual tv❑r greatc�thdn tt�e amvunt
<br /> a�'cl}e sums sccurcd by tltis Securily in.sUument immedia�ly before thc partial taking,destruction,ar lvbs in value,
<br /> unlc�s Harrvwcr arxl Lenderotherwise agree in writing,the�ums Sec�rcd 6y this 5ccurity Instrument sl�all be rcd�ced
<br /> by the amount af tlic Misc:e�laneous Pcocecc�s muilip�ied by the fo�fnwing fractivn: {a}t]tie tviat arnvunt of lh�sums
<br /> se�ured imrnedi:�teiy be1-ore lhe partial taking,des�ructivn,or�oss en�atue divEded by�hj the I�air market Waiue vF t���
<br /> Proper[y iR�mer�iately before thc partiat E:�king,d�stru�lion,ar loss in�a�uc. Any balancc shali he paid tv 8�orro�vcr.
<br /> tr�the event of�par�ia[taking,destructifln,or loss i�v:��u�o�'the Praperty in wl�ich�he f�ir market�a�uC af
<br /> tlte��operty immediate�y before the�artial taking,c�struction,or lass in value iS letis lhan the amount of the s�ms
<br /> �ecured immcdiatety befor�the parti�#taking,dcstructian,vr lass in�a�uc, unles�Borrower and Lendcr oth�rwise
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<br /> f NEBRASKA•-Single Famity--Farinie Mae�Freddie Ma�L1HIFORM INSTAUM�!►fT D�achla�Ic�
<br /> FOmI 30�8 11Q� P�ge 8 vf 14 www.dxmagic.com
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