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<br />As a result of these agreemer�ts, Lender, any purchaser of the Note, another insurer, any reinsurer,
<br />any other entity, or any affiliate of any of the foregning, may re�eive (directly or indirectly) amounts that
<br />derive from (or might be characterized as) a portion of Bonrower's payments for Mortgage Insurance, in
<br />exchaz►ge for sharing or modifying the mortgage insurer' s risk, or reducing losses. If such agireement
<br />prorrides that an affiliate of Lender takea a shara of tha insurer' s risk in exchange for a share of the
<br />premiums paid to the insurer, the arrangernent is often termed "captive reinsurance." Further:
<br />(a) Any sucla agreement� will not affect the �mounts that Borrower has agreed to pay for
<br />Mortgage Insurance, or any other terms of the Loan. Such agreementa wlll not increase the amuunt
<br />Borrower will awe for Mortgage In�surance, and they will not entitle Borirower to any refund.
<br />(b) Any such agreement� will not affect the right� Borrower ha� - if any - with respect to the
<br />Mortgage In�urance runder the Homeownera Protect�on Act of 1998 or any ather law. Theae rights
<br />may include the right to receive certain disclosures, to request and obtain cancellation of the
<br />Mortgage Insurance, to have the Morrtgage Insurance terminated automatically, and/or to receive a
<br />refund of any Mortgage Insurance premiume that were anearned at the time af such cancellation or
<br />termination.
<br />11. Assdgnment af Miscellaneous Proceeds; Forfeiture. All Miscellaneous Procee�s are hereby
<br />assi�ed to and shall bB paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall ba applie� to restoration or repair of
<br />the Praperty, if the reatoration ar repair is ecconnornically feasible and Lender's aecurity is not lessened.
<br />During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds
<br />until Lender has had an opportunity to inspect such Pra�rty to ensure the wark has b�en completed to
<br />Lender' s satisfaction, provided that such inspection shall be undertalcen promptly. Lender may pay for the
<br />repairs and restoration in a single disbursement or in a series of progress payments as the wark is
<br />campleted. Unless an agreeme�nt is made in writing or Applicable Law requires intearest to be paid on such
<br />Miscellaneous Procee�..s, I.ender shall not ba requirad to pay Borrower any intereat or earnings on such
<br />Miscellaneous Proceeds. If the restoratinn �r repair is not ecor�omically feasible or Lender' s security would
<br />be lessenarl, the Miscellaneous Proc�eeds shall be applied to the sums securefl by this Security Instrument,
<br />whether or not then due, with the e�ccess, if any, paid to Horrower. �ch Miscelianeous Proceeds shall be
<br />applied in the order provided for in Section 2.
<br />In the event of a total taldng, desdruction, or loss in valne of the Properiy, tYae Miscellaneous
<br />Proceeds shall be applied to the sums secured by this Security Instrument, whether ar nat then due, with
<br />the excess, if any, paid to Barrower.
<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 Properiy immediately before the partial taldng, destruction, or loss in value is equal ta or
<br />greater than the amount of the sums secured by this Security 7nstrument immediately before the partial
<br />taldng, deatruction, or loss in value, unless Borrowec and Lender ntherwise agree in writing, the sums
<br />se�ured by this 5ecurity Instrument shall be reduced by the arnount of the Miscellaneous Proceeds
<br />multiplied by the following fraction: (a) the total amount of the sums secured imm�diately before the
<br />partial taking, de.5truction, or lass in value divided by (b) the fair market value of thB Property
<br />imrnediately before tha partial talang, destruction, or loss in value. Auuy balance ahall be �aid tu Borrower.
<br />Tn the event of a parkial taking, desbruction, or loss in value of the Property in which the fair m�ket
<br />value of the P�ope�ty immediately before the partial tal�ng, destxuction, ar loss in value is less t�ian the
<br />amount of the sums secure� i�nmediately before the partial taking, destruction, or loss in value, unless
<br />Borrower and Lender otherwise agree in writing, the Miscellaneaus Proce�s shall be applied to the sums
<br />secured by this SOCUrity Inslrurn.cnt whether ar not the sums are then due.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the
<br />Opposing Party (as defined in the next sentence) affers to rnake an award to settle a clairn for damages,
<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 Miscellaneous Proceads either to restoration or repair of the Praperty or to the
<br />sums secured by tkus Security Insbnxment, 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 a�tion in
<br />regard to Miscellaneous Proceeds.
<br />Boxrawer shall be in default if any actio� oc proceeding, whether civil or c�minal, is begun that, in
<br />Lender's judgnent, could result in forfeiture of the Propexty or other material impairment of Lender's
<br />interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if
<br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding ta be
<br />2200079023 D V6ANE
<br />NESRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WRW M� �
<br />�-BA(NFa �oa�o� PagsB of 16 Initiela: _� Form 3028 7/01
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