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2oioos47s <br />urchaser of the Note, another insurer, any reinsurer, <br />As a result of these agreements, Lender, any P receive (directly or indirectly) amounts that <br />any other entity, or any affiliate of any of the ortiontof Borrower's payments for Mortgage Insurance, in <br />derive from (or might be characterized as) a p e for a share of the <br />exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreemen <br />provides that o tlfifelinsurer, the arrangement is often termed " aptiv reinsurance." Further~~. to pay for <br />premiums paid regiments will not affect the amounts that Borrower has ag <br />(a) Any such ag <br />Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amoun <br />Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. to the <br />(b) Any such agreements will not affect the rights Borrower has - if any -with respect <br />Mortgage Insurance under the Homeowners Protection to ~u~ gandaobtainecancell tioneofgthe <br />may include the right to receive certain disclosures, <br />Mortgage Insurance, to have the Mo~gmium nth t were unearned at the timelof such/cancellation ar <br />refund of any Mortgage Insurance p <br />termination. Forfeiture. All Miscellaneous Proceeds are hereby <br />11. Assignment of Miscellaneous Proceeds, <br />assigned to and shall be Paid to Lender. lied to restoration or repair of <br />If the Property is damaged, such Miscellaneous Proceeds shall be app <br />the Property, if the restoration or repair is econonuca11y Bible and Lender's security is not lessened. <br />During such repair and restoration period, Lender shall have the right to hold such Miscellaneous P ete~.d da <br />rtunity to inspect such Property to ensure the work has been comp <br />until Lender has had an oppo Lender may pay for the <br />Lender's satisfaction, provided that such inspect>.on shall be undertaken Promptly. <br />repairs and restoration in a single dish nse~ n u~ pppli able L Wprequires int rest to be paid onrsuch <br />completed. Unless an agreement is made g, a Borrower any interest or earnings on such <br />Miscellaneous Proceeds, mender shall not be requtred top Y <br />Miscellaneous Proceeds. If the restoration or repair isln~ teco~omi sfect~ir~ byrthisnSecurity I strument <br />be lessened, the Miscellaneous Proceeds shall be app <br />whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be <br />applied in the order provided for in Section 2. <br />In the event of a total taking, destruction, or loss in value of the Property, the Miscel aneous <br />lied to the sutras secured by this Security Instrument, whether or not then due, with <br />Proceeds shall be app <br />the excess, if any, paid to Borrower. in which the fair market <br />In the event of a partial taking, destruction,~o 1~1o~~ng a1~ true ion r oreloss in value is equal to or <br />value of the Property immediately before the p <br />greater than the amount of the sums secured by this Security Instrument immediately before ththe mums <br />taking, destruction, or loss inn shallsb~r~uceed by t~ltedamo~ of ~e Miscellaneous Proceeds <br />secured by this Security Ins <br />multiplied by the following fraction: ~a)vth~et d ided b t (b)ththe fair market value of lthe Property <br />partial taking, destruction, or loss <br />immediately before the partial taking, destruction, or loss in value. Any balance sh ~l whchtlie fBa°~in rket <br />In the event of a partial taking, destructeon~or~los~ngv dest ufc Drip o gloss in value is less than the <br />value of the Property immediately before tIi p _ <br />amount of the sums secured itrunediatln Ming the Miscellaneous Pr soceeds shall beoapplied~toethe s~e~ <br />Borrower and Lender otherwise agree <br />secured by this Security Instrument whether or not the sums are then due. Lender to Borrower that the <br />If the Property is abandoned by Borrower, or if, after notice by <br />Apposing Party (as defined in the next sentence) offers to make an award to settle aLnnder israuthori~zed <br />Borrower fails to respond to Lender within 30 days after the date the notice is given, ar to the <br />to collect and apply the Miscellaneous Proceeds either to restoration or $tepaP of ohm ~ the bird party <br />sums secured by this Security ~ ~noee ds or the party agomst whom. Borrawo has a right of action in <br />that owes Borrower M>scellan <br />regard to Miscellaneous Proceeds. action or proceeding, whether civil or criminal, is begun that, in <br />Borrower shall be in default if any <br />Lender's judgment, could result indfe rfthi~SeeurityelnstrumentrBorroweracan ure such a default andtrif <br />interest in the Property or rights tm <br />NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 7107 <br />Page 9 of 15 Initials. <br />-61NE) goat n <br />