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. 2� 17��754
<br /> �a� Any�u�h agrcements wi��not affe�t the amounts that Borrower h�►s agreed to pay for Mortgage
<br /> Ynsuran�e,ar any other#erms of the Loan.Such agreements w�l�not in�rease the amount
<br /> Borrower will�we far Mortgage Insurance,and they will not entitle Barrower to any refund.
<br /> �b} An,y such agreements wi�l not affeCt the rights B�rrower has-if any-wi#h respect to the
<br /> �1�Iortgag�Insuran�e under the�Iome�wners Pr�tection Act of 199$or any other 1aw.These rights
<br /> mav include�he right to recei�e certairt dis�lvsures,to request and obtain c�ncel�ati8n of the
<br /> Mortga��Insr�rance,t�have the Mort�a�e Insurance term�aated automatically,andlor t�receive
<br /> a refund of a�y N�flrtga�e Insuranee prem�ums that were unearned at the�ime vf such
<br /> eanCe��atian or terminatian.
<br /> 11. Assignmentof M�scel�aneous�roceeds;Forfei#ure.A11 Miscellaneous Proceeds are hereby assigned to
<br /> and shall be paid to Lender.
<br /> If the Property is da�na�ed,su�h Miscellaneous Proceeds shall be applied to restoration or repair oF th�
<br /> Property,if thc re�taratian or repair is economrca��y feasib�e and Lender's security is not lesseaed. DurYng
<br /> such repair and restoration periad,Lender shal�have the right to ho�d such Miscellaneous Proceeds until
<br /> Lender has had an opportunity to inspcct such Property ta ensurc the work has been completed to Lender's
<br /> satisfactioix,provxded that such inspection shall be undertaken prompt�y.Lender may pay for the repairs and
<br /> restoration in a singlc dishurscment or in a serics of progress paymcnts as�he vvork is campl���d.Unless an
<br /> agreemen�is made i��tivriting or App�icabte La�v reyuires interest to be paid on sueh Miscellaneous Proceeds,
<br /> Lendcr shalt not bc rcquirc�to pay Barra�ver an.y interest or earnings on such Miscellaneous Proceeds. If the
<br /> restoration or repa�r is nfl#economical�y feasibte or Lender's security woutd be lessened,the N�iscel�aneous
<br /> Procecds shall bc a���licd to the st�ms secured by this Security Instrument,whether or not then due,�vith the
<br /> excess,if any,paid�o Borrower. Such Miscellaneous Proceeds shall be app�ied in the order pro�ided for in
<br /> Section 2,
<br /> In the event of a tota�tdking,destruc�ion,or�oss in value of the Praper�y,the Misceilaneous Proceeds shal�
<br /> be apptied to the surr�s secured by#his Security Instrument,whether or not then due,with the excess, if any,
<br /> paid to Borro�ver.
<br /> In the event of a partial taking,destruct�on,or�oss in value af the Property in which the fair market value of
<br /> th�Praperty immed�ate�y before the par�ial taking,destruction,or lo�s in value is equal to ar greater than the
<br /> amount of�he sums secured by this Security Instrument immediately before the partial taking,destruction,or
<br /> loss in�a1ue,un�ess�3orro�ver and Lender otherwise agree in writing,the sums secured by this Security
<br /> �nstrument sha�ll be r�duced by�he amuunr c�f the Miscel�aneous Proceeds mul�ipl�ed by the fo�lowing
<br /> fraction: �a)the total amaunt of�he sums secured immediateiy before the partial taking,destructian,or loss
<br /> in vatue divided�y�b}the fair market value of the Property immed�ately befoce the pa.rtial taking,
<br /> destruction,or�oss in�alue.Any balance shall be paid to Borro�ver.
<br /> �n the e��nt of a parti al f.aking,destruction,ar loss in�a�ue of the Property in which the fair market value of
<br /> the Property irnmed�ately before the partia�t.aking,desttuction,or lass in vaiue is�ess thaa the amount of the
<br /> sums secured immediately before the partial tak�ng,destruction,or loss in�alue,un�ess Borrower and
<br /> Lender otherwise agr�e in writi�i$,the Misceilaneous Proceeds shall be applied to the sums secured by this
<br /> Security Instrument whether or not the sums axe then du�.
<br /> �f th�Property is aba��doned by Borro�rer,or if,after nvtice by Lender to Borr4�er that the�ppflsing Party
<br /> (as def ned in the next sentence}offers to make an award to settte a claim for damages,Borra�ver fails to
<br /> respond tc�L,ender wi�:hin 3�days after the c�ate the nc�tice is given,Lender is authorized ta coll�ct and apply
<br /> the Miscei�aneous Proceeds either to restoration or re�pair of the Property or to the sums secured by this
<br /> NEBRASKA-S�ngle Famlly-Fannie MaelFreddie Mac llNIF4RM 1NSTRLIMENT WlTH MERS Form 3428 1101
<br /> VMP� yMP6A[NE�(1342).40
<br /> Wolters I{Ir�wer Financial Services Page 14 of 1?
<br /> q4336 9 41 4z33 18 1D1
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