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201701244
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Last modified
7/28/2017 2:14:48 PM
Creation date
2/27/2017 11:23:57 AM
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DEEDS
Inst Number
201701244
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2� 17� 1244 <br /> �A}Any such agreements wi�l not affe�t th�amounts that Barrower has agre�d to pay for <br /> Mvrtgage Insuranc�,vr any❑ther terms af the Laan. Such agr�ements will not increase the <br /> amount Borrower wil�awe for Mortgage Insurance,and they will nat entitle Borrower t�any <br /> refund. <br /> [B�Any suCh agreements will not affe�t thQ rights Borrvwer has-if any-with r�spe�t t�the <br /> Mvrtgage Insurance under the Homeowners Protection Act af 1998 or any other�aw.These <br /> rights may include th� right ta re�ei�e certain disclosures,to request and obtain cancellation af <br /> th�Mortgage Insurance,to ha�e the Mortgage I�surance tQrminated automaticaliy,andlor to <br /> recei�e a r�fund�f any Mortgage Insurance premiums that were unearned at the time of such <br /> cancellation�r termination. <br /> 'I'!. Ass�gnment of Misce�laneous Proceeds; ForFe�ture. All Miscellaneous Proceeds are <br /> hereby assigned ta and shall he paid to Lender. <br /> I f the Pr�perty is damaged, such Mis�ellaneous Proceeds sha�l be app�ied to rest�ration or repair of <br /> the Property, if the restora�ion or repair is economically feasible and Lender's security is not lessened. <br /> During such repair and restoration period, Lender shall ha�e the right t�ho�d su�h Miscellaneous <br /> Praceeds until Lender has had an�pportunity to inspect such Property to ensure the work has been <br /> comp�eted to Lender's satisfaction, pro�ided that such inspecti�n shall be undertaken promptly. Lender <br /> may pay far the repairs and r�storatian in a single disbursement ar�n a series of pr�gress paym�nts as <br /> the vvork is completed. Unless an agreement is made in writing or Applicab�e Law requires �nterest to <br /> be paid on such Miscel�aneaus Proceeds, Lender shall not be required to pay Barr�wer any interest or <br /> earnings on such Mis�ellaneous Praceeds. If the restaration ar repair is nat ecanomical�y feasible or <br /> Lender's security wauld be lessened,the Misce�laneous Proceeds shall be appl�ed to the sums secured <br /> by th is Security Instrument,whether or not then due,with the excess, if any, paid to Borrower. Such <br /> Miscellaneous Proceeds shall be applied in the order pro�ided far in Section 2. <br /> In the e�ent of a total taking, destruction, �r toss �n valu�of the Pr�perty,the Misce�laneous Pra�eeds <br /> sha11 be applied to the sums secured by this Security Instrument,whether or not then due, with the <br /> excess, if any,paid to Borrower. <br /> In the e�ent flf a partial taking,destruction, or loss in �alue af the Proper�y in which the fair market <br /> �alue af the Property immediately before the partial taking, destructi�n, or loss in�alue is equal to <br /> or greater than the amaunt af the sums secured by thrs Security Instrument rmmediately before the <br /> partial taking,destructian, or loss in �alue, unless Borrower and Lender otherw�se agree in writing, <br /> th� sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous <br /> Proceeds mu�tiplied by the foltowing fract�on: (a�the�otal amoun�of the sums secured �mmediately <br /> before the partial taking, destruct��n, or loss in �alue di�ided by�b�the fair marl�et�alue of the <br /> Property immediately before the partial taking� �e5�'UCt1�I']y ar lass in�alue. Any balance shall be paid <br /> t�Borrovver. <br /> In the e�ent of a partial taking, destruction, flr loss in�alue of the Proper�y in which the fair market <br /> �alue of the Prop�rty immediately before the par��a1 taking, d�struction, �r loss in value is less than the <br /> amount of the sums secured immedia�ely hefore#he partial taking, destructian, or loss in�alue, unless <br /> HCFG-0�359 2294�8317��1 <br /> NE6RASKA-5ingle Family-Fannie MaelFreddie Mac UNIFQRM INSTRUMENT Form 3�2811D1 <br /> VM P� 041'!fi <br /> Walters Kluwer Finan�ial Services 2017Q21 fi�5.3.2.3509-J2�1 fi122QY Page 1❑of 17 <br /> � � <br />
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