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201702084
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Last modified
7/28/2017 2:42:32 PM
Creation date
4/4/2017 9:39:49 AM
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DEEDS
Inst Number
201702084
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2� 17�2�84 <br /> �a� Any such agreements will nat affeCt the amounts that Borrower has agreed to pay for Mortgage <br /> Insurance,or any other terms of the Laan. Such agreements wili n�t increase the amount <br /> Borrower will owe for Mortgage Insuran�e,and tbey will not eutitle Borrower to any refund. <br /> �b� Any such agreements will nat affect the rights Borrower has-if any-with respect to the <br /> Mortgage Insurance under the Homeowners Protection Act af 1998 or any other law.These rights <br /> may include the right to receive cer#ain diselosures,to request and obtain cancellation of the <br /> Mortgage Insurance,to ba�e the Martgage Insurance terminated automatical�y,andlor to reeei�e <br /> a refund of any Mortgage Insurance premiums that were unearned at the time af su�h <br /> caneellation or termination. <br /> 11. AssEgnmentof liAiseellaneousPraeeeds;Forfeiture.All Miscellaneous Proceeds are hereby assigned to <br /> and shal�be paid to Lender. <br /> if the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the <br /> Property,if the restoration or repair is economically feasible and Lender's security is not lessened. During <br /> such repair and restoration period,Lender shail ha�e the right to hold such Miscellaneous Proceeds until <br /> Lender has had an opportunity ta inspect such Property to ensure the wark has been completed to Lender's <br /> satisfaction,pro�ided that such inspection sha11 be undertaken promptty. Lender may pay for the repairs and <br /> restoration in a siugle disbursement or in a series of progress payments as the work is comp�eted. Unless an <br /> agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, <br /> Lender sha11 not be required to pay gorrower any interes�t or earnings on such Miscellaneous Proceeds.If the <br /> restoratian or repa�.r is not economically feasible or Lender's security vvou�d be�essened,the Miscellaneous <br /> Proceeds sha11 be applied to the sums secured by this Security Instrument,�vhether or not then due,with the <br /> excess, if any,paid ta Borrower. Such Miscellaneous Froceeds shal�be app�ied in the order provided far in <br /> Section 2. <br /> In the event of a total taking,destructifln,or loss in value of the Property,the Miscellaneous Proceeds sha11 <br /> be appi ie�to the sums secured by this Security Instrument,whether or not then due,with the excess, i f any, <br /> paid to Borrower. <br /> In the event of a partial taking,destruction,or loss in value of the Property in which the fau market va�ue of <br /> the Property immediately before the partiai taking, destruction,or loss in value is equa�to ar greater than the <br /> amount of the sums secured by this�ecurity�nstrument immed�ately before the partial taking,destruction,or <br /> loss i n�a�ue,un 1 ess Borrower and Lend er otherwi se agre e i n�rit�ng,the sums secured by th i s S ecurity <br /> Instrumen�sha11 be redueed by the amount of the 1V�iscellaneous Proceeds multiplied by th�fallo�ing <br /> fraction: �a}the total amount of the sums secured immediately before the part�al taking,destruction,or�oss <br /> in value di�ided by(b}�he fair market�alue of the Property immediate�y before the partial taking, <br /> des�ruction,or Ioss in�alue.Any balance shall be paid to Borrower. <br /> In th�event of a partial�aking,destruction,or loss in value of the Propec�y in which the fair market value of <br /> the Proper�y immediately before the partial taking,destruction,or ioss in�a�ue is less than the amount of the <br /> sums secured immediatel�before the partial taking,destructian,or loss in�a�ue,unless Bonower and <br /> Lender otherwise agree in writing,the Miscellaneous Proceeds shall be applied to the sums secured by this <br /> Secur�ty Instrument vvhether oc not�he sums are then due. <br /> If the Property is abandoned by Borrower,or if,af�er notice by Lender to Borror�er that the Qpposing Party <br /> (as defined in the next sentence}offers to make an award to settle a cla�m for damages,Borrower fails to <br /> respond to Lender within 3U days after the date the notice is gi��n,Lender is authorized to collect and apply <br /> the Miscellaneous Proceeds either to restaration or repair of the Property�r to the sums secured by th�s <br /> NEBRASKA�ingie Family-Fannie MaelFneddie Mac UNIF�RM iN5TRl1�1lENT WITH MERS Farm 3026 1JU1 <br /> VMP� VMPfiA(NE)['E302).D4 <br /> Wolters Kluwer Financial Services Page 1 U of 1 T <br /> q43373499�83 4233 457 1017 <br />
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