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200206882
<br />Mortgage hearers evaluate their total risk On all such insurance in force from time to time, and may enter into
<br />agreements with other parties that share or irpddytheir risk, or roduce losse m
<br />s.'these agreements argon Forms andeondltions
<br />that are satisfactory m the mortgage insurer and the other party (or panes) to these agreements- These agreements may
<br />require the mortgage insurer to make payments using any source of funds that the mortgage Insurer may have available
<br />(which may include hinds obtained from Mortgage Insurance premiums).
<br />As a result oftlese ageernme , Under, ally pnrchazer of the note, another insurer, any rein.suren, anyodet entity,
<br />nt affiliate of any at the foregoing, may receive (directiyor indlreclly) amounts that derive from (or might be characterized
<br />as) a portion ofIIorrower's payments for Mortgage Insurance, in exchange for sharing or mtdlfying File mortgage Re uter's
<br />r flu
<br />risk, or reducing losses. If such agreement provided that an affiliate o ri takes a share of the insurers risk in exchange
<br />for a share of the premiums paid w the insure.', the arrangement is often termed 'captive reinsurance "Further
<br />.
<br />Any such agreements will not affect the amoun
<br />it any other terms of the Loan. Such agreements
<br />Remote, and they will not entitle Barricade to an
<br />untamed at the
<br />11. As
<br />shall be paid to 1
<br />If the Pr
<br />the restoration or
<br />The work has been completed m lender
<br />nay pay rot the repairs and restoration ii
<br />I. Unless an apartment is made in w
<br />eceds, (under shall not be required tO
<br />ewer has - if any - with respect m the Mortgage
<br />other law. These rights may include the right to
<br />the Mortgage Insurance, to have the Mortgage
<br />N any Mortgage Insurance premiums that were
<br />All shosellanmua Pnxeeds are hereby assigned wand
<br />11 beapplied to Icsmmdon or repair of the Property, if
<br />V is not lessened During such repair and restoration
<br />In the event of a total taking, destruction, or toss in value OF IF
<br />applied to the ones stained by this security Instrument, xarether OF not d
<br />In the event of a partial taking, destruction, or lays in value of I
<br />Pmperty immediately betore thepartial taking, destruction, solos in virtu
<br />�ccurcdlrythas Security Instrument Immediately betore the partial taking,
<br />Lender Otherwise agree In writing, the sums secured by Ibis Security II
<br />Miscellanmus Prwecds multiplied by the followingfrzctiom (a) the teed
<br />partial taking. destruction, or less in value divided its do the fair market v
<br />Faking, destruction, or Toss in value. Any balance shall be paid w Boma
<br />In the event of partial taking, destruction, or less in value of l
<br />Property Immediately before the partial Faking destruction, or loss in v.
<br />mediately before the partial taking destruction, or loss in value, unless
<br />the Miscellaneous Proceeds shall be applied to the sums secured by this 8
<br />due.
<br />If the Property is abandoned by Borrows', or if, after notice by
<br />defined In the next sentence) offers to make an award as scale a claim f
<br />within 30 uses after the date the notice is given, Lender is authorized to cc
<br />to restoration or repair of the Property or to the sums secured by chi.
<br />"Opposing Party" means the third party that own Borrower Mistrylanec
<br />has a I em of action in regard to Miscellaneous Proceeds.
<br />Borrower shall he in default if any action or proceeding, who
<br />judgment, could result 11 fnrfciturcofthe Propertyor the
<br />or mater mpd.
<br />under this Security Instrument Borrower can cure such a default and, it
<br />Section 19, by causing the action or proceeding to be dismissed with and
<br />whether or not then due, with the excess. It any.
<br />'der provided me in Mahon 2,
<br />due, Thisparb,
<br />it the excel Miscellaneous Proceeds shall be
<br />n due, with in which excess, if any, paid w Burrower.
<br />ce ofth
<br />z joined in wFitl, the fair market value of the
<br />Borrower that the Oplinsing Party (as
<br />, Borrows fails to Fes pond to I mider
<br />reply the Misecllnncnus Proceeds either
<br />Instrument, whether or not then tine,
<br />a or the party againd whom Bon owes
<br />r criminal, is begun that, in lender's
<br />proceeds It any award Or claim for damages that are auribulablc to the impairment OfUnder's Interest in the Property are
<br />hereby asst Fell and shall be paid m lumber.
<br />AN Miscellaneous Proceeds that are not applied to restoration or repair cl Fit Property shall be applied In me order
<br />provided for in Section 2.
<br />12. Borrower Not Released; Forbearance By Lender Not a NNriver. Extra on Of file time for payment or
<br />modification ofanonization of hic miles secured by this Security Instrument granted byl maker to Brnraweror any, Successor
<br />in Interest of Borrower stealI not operate to release the liability Of Bon coca or any Successors in Interest of Borrower.
<br />Undel' dual I at he run need to commence muceUliergs againstgas Succnsor In Interest of Borrower or in refuse le exaend
<br />or medy i ncladi erg, without limitation, Lender's acceptance OF payments tram thtm persons, entities or N
<br />Interest Of Borrower or in
<br />amounts leas than the amwnt then due, shall not be a waiver of or preclude the exercise of any right or remef
<br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrowercovenan
<br />that Borrower s obligations and liability shall be joint and several. however, any Borrower who co -signs I
<br />Instrument but does not execute the Note (a' - ogner) .(a) is co-sign mg this Security Instrument only to ma
<br />and convey the co-signer's interest in the Property undo the terns of this Security Instrument; lb) is not person,
<br />m pay the sums secured by this Securitylns,mmeny and (c) agrees that Lender and any other Borrower can ago
<br />modify, lodger or make my accommodations with regard to the terms of this Security instrument or die Note w
<br />signer's consent.
<br />subject to the provisions of Section 18, any Successor in Interest of Borrower whoassumes BOnrwer'
<br />major this Securityliou c ment In writing, and is approved bytender, shall obtain all ofBorrmver's rights anal b
<br />this Serenity instrument Borrower shall not bt released from Borrower's obligations and liability under I
<br />Instrument unless Lender agrees to such rdcasc in writing The COMmauau and ago contents Of Ibis Security Inst
<br />hind (except as provided in Section 20) and benefit the successors and assigns of Icndm_
<br />14. Loan Clauses. lender may chase Borrower fees for services nerformel in connection with
<br />but nor finatifil to, a ermys' tees, property inspection and valuation fees. In regard to any other fees, the absence otexpress
<br />authority in this Security instrument to charge a specific tee to Borrower shall not he construed as a prohibition on the
<br />charging ofsuch fee. Isol may not charge tees that are expressly prohibited by this Security Instrument or by Applicable
<br />Law.
<br />If the Loan is subj 1 to a law which sets maximum licau charges, and that law is finally interpreted so that the
<br />interest or other man cFuries collected ore he collected in connection with the Loan exceed the permitted limits, then (a)
<br />any such loan Fins Ice .shall be reduced by the amount necessary m educe the charge to the permitted limit; and (b) any came
<br />NEBRASKA SIONIr I'nmlly- Famnle Mar /Freddie Mac CNIFOWN INS I RIJN] LNT Forst 6 Val nsi8e5y(8pa[ol
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