Laserfiche WebLink
2� 17��3�3 <br /> �a} Any such agreements wili n�t�ffeGt the amounts that Barrower has agreed tv pay fa��iortgage <br /> Insur�nce,ar any o�her term�of the Loan.�uch agreement�will nat increase the am�unt <br /> Borrower w�ll awe f�r M�rtgage Insuran�e,and they w�ill not entitle Barrvvver t��ny refund. <br /> {b} Any such agreements wil�not�ffect the right��orr4wer ha�-if any-with r�spect to the <br /> Mortgage�nsurance under tl�e H�x�eQwners PrflteGtion Act of 1995 or any nt�er law.These rights <br /> may inc�ude the right to receive certain disclosures,ta requ�st and obta�n cance�lati�n of the <br /> Mortgage Insuranc�,�v ha�e t�e Mortgage Insuran�e t�rminated autamaticalIy,andlvr��receive <br /> a refund of any M�rtgage ins�rance pr�m�ums that�vere un��rned at the tim�of su�h <br /> �an�ex�ati�n or terminatian. <br /> 'l 1. Assignmenfflf Nli�cellaneausProceeds;Forfe�ture.A�1 Miscel�an�ous Procee�s ar�e her�by assigned to <br /> and shall be paid to Len.der. <br /> If the Froperty is damaged, such Miscella�.eous Proceeds shall be applied to restoration or r�pair af the <br /> Pr�perty,if the rest�ratipn ar repair is economically feasibie and Lender's�ecurity is t�ot lessened. During <br /> su�h repair and restorati�n period f Le�der 5hai1 have the right to hal�i suGh Mis��llan�4us PrQ�e�ds until <br /> Lender has had an oppor�unity to inspect such Pr�perty to ensure the work has been c�mpleted to Lender's <br /> satisfac�ion,provided that such inspectian shall be undertaken pramptly.Lend�r may pay for the repairs and <br /> restoration in a single disbursement or�n a series�f�rogre�s payments as tbe�vork is completed.L3n.less an <br /> ag�eement is made i�writing or App�icab�e La�v requires interest tQ be paid on such Miscellaneous Proceeds, <br /> Lender s�all not be�equired to pay Borrawer�ny inter�st or ear�ing�on such Mxscel�aneous Proceeds.�f the <br /> restoratian or regair is not econ4mical�y feasib�e or Lender's securi�v��uld t�e lessened,the Misce��aneous <br /> Procee�s shall be applied to the sums secured by t�is Security Instrument,wheth�r or not then due,witb�the <br /> excess, if any,pa�d�a Barro�ver. 5uch Miscellaneous Proceeds sha�l be apptied in the arder pro�ided for�n <br /> Se�tion Z, <br /> In�he event of a total ta�ing,des�ruct�an,or loss in value of the Property,t1�e Miscelia.nevus Prv�eeds sha11 <br /> �e app�ied to the sums seeured by this Security�nstrument,�vhether or not then due,with the�xcess, if any, <br /> paid to Barrower. <br /> In the e�ent of a part�al taking,destruction,or loss in valu�of the Property in which the fair market�a1ue of <br /> ��e Property imme�iately befa�e t�e par�ial ta�ing,destruction,or loss in value is equal to or greater than the <br /> amount of the sums secu�e�by this Se�urity Iastrurnent immediate�y before the partiat#aking,destru�tion,or <br /> loss in vatue,unless Borrower and Lender otherwise agree in writing,the sums secured by this Security <br /> Instrum�ent shal�be reduced by the amount Qf�he Misce�laneous Pro�eetis mul�iplied by the follovving <br /> fract�on:�a}the total amount of the sums secured immed�ate�y befar��he�ar�ial t�,.king,d�stru�tion,�r loss <br /> in Walue di�ide�by�b}the fair market value of the Proper�y immediat��y before the partia�taking, <br /> destruction,or loss in va�ue.Any balance shall be paid to Borro�uer. <br /> In the event af a part�al tal�iag,destruction,or loss in va�ue of the Proper�y in which the fair market value af <br /> �he Property immediately b�fore the�axtia�l taking,destruc�ian,or loss iu vatue is less tha�the amoun�af�he <br /> sums secured imm�diately befare the partiai taking,destruction,or Ioss in�a�ue,unless Bvrrower and <br /> Len�.er oth�rwise agree in writing,the Miscellaneous Praceeds shall be applied�o the sums secured by this <br /> Se�urit�Instru.ment whether ar not the sums are then due. <br /> If the Property is abanda�ned by BarrQwer,ar if,after uotice by Lende�to Bo�ro�er that the�pposi�g Part� <br /> (as defined in the next sentence}offers to make an award to settle a claim ft�r damages,Borro�rer faiis to <br /> respoad to Lender within 3�days after�he date the notice is given,Lender is authorized�o col�ect and appty <br /> the Miscell�neaus Pro�eeds eit�er to r�storatian or repair Qf the Prop�rty ar ta th.�sum�secured by this <br /> NE9RASKA-Sin�l�Family-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT WV#TH MERS Fvrm 3D28 fJ�1 <br /> VMP g VMPQA(NE}(�3��}.44 <br /> Wvlters itluwer Finar�cial 5enricas Page 90 af 17 <br /> q4 357� 48�? 4Z 3 3 5 9 �fl1 <br />