2� 1 ��8�39
<br /> �a} Any such agreements will nat affect�he amounts that Barrower has agreed#o pay for Mortgage
<br /> Insurance,ar any�ther terms of the L�an,Such agreements will nat increase the am�unt
<br /> Barrower will owe f�r Mortgage Insurance, and they will nvt entitle Barrawer to an�refund,
<br /> �b} Any such agreemen�s will not affect the rights Borr�wer has�if any-with respec�to the
<br /> Mvrtgage Insurance under the H�meowners Pr�te�tion Act af 1�48�r any other law,These rights
<br /> may include the right ta receive cert$in discinsures,tQ request and vb�ain can�ellatifln vf the
<br /> Mtirtgage Insur�n�e,ta have�he Mortgage Insurance terminate�automatically,antllor to re�eive
<br /> a refund af any Mortgage Insurance premiums tha�were unearned a�the time af such
<br /> can�ellation or terminat�on.
<br /> 1'�. Assignmentof Mi�cellaneousProceeds;F�rfeiture.All Miscellan�ous Proceeds are hereby assign�d to
<br /> and shall be paid to Lender.
<br /> If the Property is damaged, such Miscellaneous Praceeds 5ha11 be applied to restoration or repair vf th�
<br /> Prnperty, if the restoration or repair is econamically feasible and Lender's security is not lessened. During
<br /> such repa�r and rest�ration period,Lentier sha11 have the right tv hald such Misce�laneau5 Proceeds until
<br /> Lender has had an opportunity to inspec�such Pr�per�y to en�ure the wQrk ha��e�n completed ta Lender's
<br /> �atisfaction,provided that such inspection shall�a�undertaken pramptly,Lender may pay for the repairs and
<br /> restoratian in a single disbursement or in a series of progress payments as the wark is completed.LJnless an
<br /> agreement is made in writing or Applicable Law re�uires intere�t tQ be paid on�uch Misc�llaneous Proceeds,
<br /> Lender shall not be required ta pay Borrower a�y interest ar�arnirigs on such Miscel�aneous Pro�eeds. �f the
<br /> restorat�on�r repai�is not eeo�.omica��y feas�b�e or Lender's secur�t�would be�es�ened,the Mi�c�iianeous
<br /> Praceeds shall be applied to the sums secured by this Security Instrurnent,whe�her or not then due,with the
<br /> excess, if any,paid to B�rrower. Such Miscellaneous Proceed�shai�be applied in th�order prov�ded for in
<br /> S�ction�.
<br /> In the e�ent of a tota.i tal�ing,destruction,or loss in yalue of the Property,the Miscellan�ous Proceeds sha11
<br /> be applied ta the sums seeured by this Securit�Instrument,wheth�r or not then due,with the excess, if any,
<br /> paid to Borrower.
<br /> In the event af a par�ial ta.king,destruction,ar loss in vatue of the Property in which�he fair marl��t value of
<br /> the Prop�rty immediately before the partial�aking,destructian,or loss in value is equa�to�r greater than the
<br /> amaunt of the sums secured by this Securi�y Instrument immediately befare the partial taking,de�tructian,or
<br /> lass in value,unless Borrower and Lender other�rise agree in writing,the sums s�cured by this Security
<br /> �nstrumen�shall be reduced by the amouat�f the Misce�xaneaus Pro�eeds mu�tiplied by the fo�lowing
<br /> fraction: (a)the tota�amount of the sums se�cur�d immediately befare the partia�taking,destruction,ar loss
<br /> in�a1ue di�ided by(b}the fair mark�t�a1ue of the Property immediately before the partial�a.king,
<br /> destruction,or los�in�alue.Any balance shali be paid ta Borrower.
<br /> In the e�ent of a partial taking,�estruction,or loss in�alue of the Property in which the favr market value af
<br /> the Pr�p�rty immediate�y befare the partial taking,destr�uction,or loss in value is Iess than the amaunt of the
<br /> sums secured immediately before the partial taking,destruction,or lass in�a1ue,unless Borrower and
<br /> Lender atherwise agree in writing,the Mis�ellaneous Proceeds shall be applied to the sums secured by this
<br /> 5ecurity Instrument whe�her or not the surns are then due.
<br /> If the Pr4perty is abandaned by Borrower,ar if,after natice�y Lender t�Borro�er that the�pposing Party
<br /> (as defined in the next sentence}affers to make an award to settle a claim f�r damages,Borro�ver fail�to
<br /> respand to Lender within 3 4 days aft�r the date tbe notrce is given,Len�er is au�hori2ed�o callect and apgly
<br /> the Miscellaneous Proceeds either ta restoration or repair of the Property or to the�ums�ecured by�hi�
<br /> NEBRASKA-5ingls Family-Fannie MaelFreddie Mac UNIFQRM INSTRUMENT WITH MERS Fprm 34Z8 1101
<br /> VMP Q VMPfiA(NE)�13q2}.44
<br /> Walters Kluwer Finan�ia!5ervices Page 10 Qf 17
<br /> q�3365595817 OZ 3 3�6 l41
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