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2� 17� 1478
<br /> �a} Any such agreernents will nnt affe�.t the amQunts#hat B�rr�wer has agreed tv pay for Martgage
<br /> Insuran ce,vr any other terms of the Laan.Su�h agreements will not increas�the amount
<br /> B�rrawer will owe far M�rtgage Insurance,and they w�il not entitle Barro�ver to any refund.
<br /> �b} Axty such agreements w���not affect the rights Barrower has-if any�-with respeG�t�the
<br /> Mortgage Insuranee under the Ham�owners Protection Act af 1998 or any vther law.These rights
<br /> may include the r�ght ta rece�ve certain disc�osur�s,to request anr�obtain cancel�ation of the
<br /> Martgage Insurance,to have the Mvrtgage�nsurance terminated automati�ally,aadlor tv re�e�ve
<br /> a refu�nd nf an�y Mortgage Insuran�.e premiums that were unearned at#he time�f such
<br /> cancetlation�r termination,
<br /> 1�. Assignmentvf AAiscellanevusProceeds;�orFeitur+�.A11 Miscellaneous Proceeds are hereby assigned to
<br /> an�shall be paid ta Lender,
<br /> If the Property is damaged,such IVlisce��aneous Proceeds shall bc applied ta restoration or repair af the
<br /> Property, if the restoration or repair is ecanomically feasible and Lender's security is not lessened. During
<br /> su�h repair a�d restoration period,Lender shall have the right to hold such Miscellaneaus Pracee�s until
<br /> Lender has had an oppartuni�y to inspect such Property to ensure the vvork has�een completed to Lender`s
<br /> satisfaction,proWided that such inspection sha11 be undertakea promptly. Lender may pay for the repair$and
<br /> restorat�on�n a s�ng�e disburscment or�n a series of progress payments as�he work is completed.Unless an
<br /> agreement is made in writing or Applicable Law requir�s i�t�rest to be paid on such MiscellaneQus Proceeds,
<br /> Lender shall not be required to pay Barrower any interest or earnings on such Miscel�aneous Proceeds. If the
<br /> res�aration or repair is not ecanomically feasible or Lender's secur��would be lessened,the Mis�elianeous
<br /> Pr�ceeds�ha11 be a�plied to the sums��cu.red by this�eGurity Instrument,whether or not then due,with the
<br /> excess, �f any,paid to Borrowcr. S��h Niiscellaneous�roceed�s shall be app�ied in the order pro��ded for in
<br /> Section 2.
<br /> �n the event of a total taking,destructYon,or loss in�alue of the Property,the Miscellaneous Proc�eds shall
<br /> be applied�o th�sums secured by this Security instrurn�nt,�h�ther or not t�en due,with the exc�ss,if an�,
<br /> paid to Borro�er.
<br /> In the event of a partial taking,destruction,or loss in�alue of the Property in wh�ch the fair market�a1ue�f
<br /> �he Property immediately before the partial taking, destruction, or loss in value is equal to or greater thaa the
<br /> amount�f the sums secured by this Security Instrument imrnediately before the partial taking,destruct.ion,ar
<br /> loss in va�ue,unless Borrow�r an�Lendcr�therwise�.gz'ee in writing,the sums secured by th�s S�curity
<br /> Instrument shall be reduced by the amQunt of the Miscellan�ous Proceeds multiplied by the fo�lowing
<br /> fraction: �a}the total amount af the sums secured imrned�ate�y before the part�al taking,destruction,ar loss
<br /> in�a1ue di�ided by�b�the fair market value of the Property�mmediatel�before the partial taking,
<br /> destruction,o�'�oss in�alue.An��alance shall bc paid to�orrower,
<br /> In the event of a partial taking,destructian,or loss in value of�he Property in which the fair market�a1ue of
<br /> the Property i�mediately bef�re the partial taking,d�struction,or loss in�alue is less than the amoun�of�he
<br /> sums secured immediate�y before the partial ta.king,destruction,ar loss in value,unless B�rrower and
<br /> Lender otherwise agree in writing,the Misceitaneous Pr�ceeds shal�be applied to the surris secured by this
<br /> 5ecurity Instrument whether or not the sums are t�en due.
<br /> If the Property is abandoned by Borrower,or if,af�er notice b�Lender to Borro�ver that the�pposing Par�y
<br /> (as defned ia th�next sentence}offers to make an award ta settle a claim for damages,Borrower fails#o
<br /> respond to Lender within 3�days after th�datc the notice is given, Lender is authorized to collect and apply
<br /> the M�scellaneous Prace�ds either to restoration or r�pair af the Property or to the surns s��ured by this
<br /> NEBRASKA-Singf�Family-Far�nie MaelFreddie Ma�IJNIFORM INSTRLIMENT WITH MERS Form 3428 1f41
<br /> VM1P C�J VMPfiA(NE}(130�).4�
<br /> Wolters Kluwer�inancial 5ervices Page 14 of 17
<br /> q033713Z7637 �233 358 1�17
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