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2010078��
<br />As a result of these agreernents, Lender, any purchaser of the Noce, anather insurer, any reinsurer,
<br />any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that
<br />derive frorn (or might be characterized as) a portion of Borrower's payments for Martgage Insurance, in
<br />exchange for sharing or modifying the rnortgage insurer's risk, or reducing losses. If such agreement
<br />provides that an affiliate of Lender takes a share af the insurer's risk in exchange for a share of the
<br />prerniums paid to the insurer, the arrangement is often terc�xed "captive reinsurance." Further:
<br />(a) Any sach agreements will not affect the amoants that Borrower has agreed to pay for
<br />Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount
<br />Borrower will owe for Mortgage Insurance and the� will not entitle Borrower to any refund.
<br />(b) Any such agreements will not aft the rights Borrower has - if any - with respect to the
<br />Martgage Insurance audear the Hameowners Protection Act af 199$ or any other law. These rights
<br />may include the rlght to receive certain disclosures, to request and obtain cancellation of the
<br />Morrtgage Insarance, to have the Mortgage Insurance terminated automatically, and/or to receive a
<br />refund of any Mortgage Insurance premiums that were unearned at the tanne of such cancellation or
<br />termination.
<br />11. Assignment af Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby
<br />assigned to and shall be paid to I.ender.
<br />If the Property is damaged, such Miscellaneous Prpceeds shall be appliexl ta restoration or repair of
<br />the Property, if the restoration or repair is economically feasible and Lender's security is not lessened.
<br />During such repair and restoratioan periad, Lender shall have the right to hold such Misccllaneous Proceeds
<br />until Lender has had am opportunity to inspect such Propearty ta ensure the work has be�n cornpleted to
<br />Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lendear may pay for the
<br />repairs and restoratipn in a single disburse�nent ar in a series of progress payrnents as the work is
<br />completed. Unless an agt�e�ement is made in writing or Applicable Law requires interest to be paid on such
<br />Miscellaneous Proceeds, Lender shall not be required to pay Barrower any interest or eamings on such
<br />Miscellaneous Praceeds. If the restoration or repair is not economically feasible or Lender's secwriry would
<br />be lessened, the Miscellaneous Proceeds shall be applie� to the sums secure� by this Security Instrument,
<br />whether or not then due, with the exc�ss, 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 Miscellaneous
<br />Proceeds shall be applied to the sums secured by this Security Instniment, whether or not then due, with
<br />the excess, if any, paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in value of the Property in which the fair market
<br />value of the Property immediately befare the partial taking, destruction, or loss in value is equal to or
<br />greater than the amaunt of the sums secured by this Security Instrument i�unediately before the partial
<br />taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums
<br />se�ured by this Security Instrument shall be reduced by the amount of the Miscellaneaus Proceeds
<br />multiplie�i by the following fraction: (a) the total amount of the sums secured immediately before the
<br />partial taking, destruction, or loss in value divided by (b) the fair market value of the Praperty
<br />irnrnediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower.
<br />In the event of a partial taki.ng, destruction, or loss in value of the Property in which the fair market
<br />value of the Property imrnediately before the partial taking, destruction, or loss in value is less than the
<br />amount of the sums secured imrnediately before the partial taking, destruction, or loss in value, unless
<br />Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums
<br />secured by this Security Instrument whether or not the swns are then due.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower chat th�
<br />Opposing Party (as defined in the next sentence) offers ta make an award to settle a claim for dam�ages,
<br />Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized
<br />to collect and apply the Miscellaneaus Proceeds either to restoration or repair o:f the Property or to the
<br />sums secure� by this Security Instrument, whether or not then due. "Oppasing Party" means the third party
<br />that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in
<br />regard to Miscellaneous Proceeds.
<br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in
<br />Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's
<br />interest in the �'roperty or rights under chis Security Instrument. Borrawer can cure such a default and, if
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENt
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