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2010082Q1.
<br />As a result of these a�nts, Lender, any purchaser af thc Note, anotb�rr insurer, any rei�nsurer,
<br />any other �tity, or any affiliate of any of the foregoing, may receive (directly ar indirectly) amounts that
<br />derive from (or might be characterize�i as) a portion� of Borrow�r's paym�nt�s for Mortgage Taas�uance, in
<br />exchange for s�ar�ng or �rnodifying the mortgage insurer'a risk, or reducing losses. If such agr�nt
<br />provides that an affiliate qf L,ender takes a share of the insurer's risk in exchange for a share of the
<br />prc�niwms paid to the insurer, the arrangement is pften temned "captivc reinsuranc�." Further:
<br />(a) AnY such agreements wlli not ak�ect the amotwt� t�at Borrawra� ha� agrecd to �ay for
<br />Mortgagc Ins�uance, a�r any ath� terms of the Loeun.. Such agr�n� wlll not incarea�e t�e amnunt
<br />Borrower wlll owe for Mortgage L�sursnc� and t�ey �vill not e�ttle Borrowe� to a� refund.
<br />(b) Aq`' such ag�eements wlll not a�'[ed the r[ghta Borra�ver has - if auy - wiW respect to the
<br />Mortgage In�u�ance under the Homcawners Prot�ettan Act of 1998 oc auy other law. These r�ts
<br />iaay lndude thc right to reoe�ve cestain d�scl�orc�, to reyoest and obtsin eancellatian oY the
<br />Martgage L�surauce, to have the Mortgage L�u�aace te�minated automadcally, and/or to reo��ve a
<br />refund of any Mortgage Insuranae pr�wans that were unearned at the dme af such p�cellal3on or
<br />tenminahion.
<br />11. A�me�t of Mlsoellaneons Prace�; For[eiture. All Miscellaneous Proce�s are hereby
<br />assigned to and s�ha11 bepaud to Y.,ender.
<br />If tlae Properiy is damaged, such Miscellaneous Proceeds shall bc applied to restoration or repair of
<br />th� Property, if the restoration or repair is economically feasible and L,�nder's security is not le.sse�ned.
<br />L7uring such repair and restoratian periad, T.e�nder shall have the right to hold s�uch MisceAaneous Proce�s
<br />until L.endex' has had an opportunity to iaspe�t such Property tn ensure the wprk has bc�n coaapleted to
<br />Lender's satisfaction, provided that such inspection shall be u�dertaken prompdy. L,ender may pa� fox the
<br />repairs a� restorarion in a single disburspm��nt or in a series of progress paymeats as the wor� is
<br />completed. Unless an agr�nt is made in writing ar Applicable Law raquires intere�t to be paid an such
<br />Miscellaneous Pmceeds. I.,ender ataall nat be r�uir�d to pay Harrower any interest or esrnings on such
<br />Miscellan�ous Proceed�. If the restoration or rcpair is not economically feasiblv or Y.�nder's security would
<br />be lessened, ths Miscellaneous Ptoceeds shall be applied to the swns aecu�red by this Security In�t,
<br />whetl�er or not then dtre, with the excess, if auy� paid to Borrower. S�ch Miscsllaneaus Pnoceeds shall bc
<br />applied in the order pmvided for in Section 2.
<br />In the event of a wtal talcing, dest�vction, or loss in value of the Property, th�e Miscellaneous
<br />Proc:eeds shall be applie� to the sums secured by this Se�urity Instiunae�t, whethcr ar not then due, with
<br />the eacess, if any, paid to Borrower.
<br />In the event vf a paRial taking, destcvction, or Ioss in value of the Pxoperty in which the fair market
<br />value of thc Property immediately befare the partial ta�ng, d�tru�ion, or loss in val� is eqYyal to ar
<br />greatcr than the amownt of t�e sums secured by this Security In�t i�iately before the partial
<br />taking. d�structian, or loss in value, unl�ss 13orrower and L,ender othervvise agree in writing, the sums
<br />secured by tl�is Security Instrument shall be �educed by the smount of the Miscellaa�eous Pmceeds
<br />rnultiplied by the following fi�aCticra: (a) the total amount of the suma secured immediately before the
<br />partial talring, dest�vctio�, or loas in value divided by (b) the fair marlrct valu� of the Property
<br />imimaediiately before the partial talaag, dest�vetion, or loss in value. Anny bala�ce �h�ll be�sid w Borrower.
<br />In the event of a partial talang, de.sauction, or loss in value of the Property in wh�.ch the fair ma,rket
<br />value of the Property imm�ediatcly bcfore the pardal talcing� destrucCion, ar loss in value is less than the
<br />aXnount of tbe sums secured inmmu�diately befvre the partial talang, d�caon, or loss in value, tu�ess
<br />Borrower an�d L,ender otherwise agree in writing, the Miscellaneous Proceeds ahall be applied to the sums
<br />secured by this Secudty Instnm�mt wbiether or not the sums arc th� due.
<br />If the Property is abandoned by Horrower, or if� after aotice by L�ender to Bormwer that the
<br />�PPo� �rtY �� defined in the next santence) offers W make an award to settle a claim for daaaages,
<br />Borrawer fails to responrd w I.ender within 30 days after the date ths natice is given, I.endex ia authorize�d
<br />w�llect and apply the Miscellaneous Proc�eds either to restoration or repair of the Property or to th�
<br />sums aecured by this Securiry Inst�nt, wb,etb:er or not the�n due. "OPP��S p�Y" means the thurd P�Y
<br />that nwes Borrovver Miacellaneous Proce�s or the party against whom Horrowoer has a right of action in
<br />regard to Misc�llaneaws Prooeeds.
<br />Borrovvear ahall be in default if atay action or proc�ding, wlxeth� civil or criminal, is begun that, 'vn
<br />L,ender's judgment, oould re�lt 'vn forfeiture of the Properly or other material impairmcnt of L,ender's
<br />interest in t� Property or rights under this Security Instrument. Borrowar ran cure such a default and, if
<br />N�BRASKA - Stngls Famity - Farr� Mw/Fraddle Mac UNIFORM INSTRUMEH'1' -�q
<br />�i -8(NE) loat t) Pepe 8 of 75 �rrda�e: �W` Form 3p28 1/07
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