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<br />As a result of these agre�anents, Lender, any purchaser of the Note, another insurer, any reinsurer,
<br />azry other entity, or any affiliate of any of the foregoing, may xeceive (d..i�ecctly or indi;re�tly) amounts that
<br />derive firom (or might be chatacterized as) a portion af Borrower's payments for Mortgage Insurance, in
<br />excb.a�nge for sharing ar modifying the mortgage insurer's risk, or reducing losse�s. Xf such agr�nt
<br />provides that an affiliate of L.ende�r tak�s a share of the insurer's risk in e�change for a sha,re of th�
<br />premiums paid to tbe insurer, the arramgement is ot� termed "c�aptive reinsurance." Furrher:
<br />(a) Any �uch �greeme�ta will not aifect We amounts that Borrowez has agrs�ed to pay for
<br />Mortgage L�surance, or aqy othear terms of the Loan. Such a�me�ts wiII not inere�.�e the amount
<br />Borrower will owe Yor Mortgage snd wW not �t3tle Borrower to any refund.
<br />(b) Any such agreem�ts w�ll not ed the ts Borrower has - if aay - with �pect tu the
<br />Mortgage Insu�ance und� the H�meuwne�s Pmtec�ion Act oP 1998 or any other law. These r�ghts
<br />ma,y include the right to teoeive c�tein disclosures, to reguest aad obtaiu canoellation af the
<br />Morl�gage Insuranae, to have the Mortgage ins�u�ance t�minated automatically, au�d/or to re+cdve a
<br />refund af any Morfgage InsurAnce premfums tbat w�e twear�ted at t�e time o� sucb cancelladon or
<br />t�r�rninat�on.
<br />11. Assignm�t oi Mi�cellaneous Prooe�ds; FarF�tnre. All Miscellaneous Proceeds at�e b,ereby
<br />assigned to and shall bc paid to Le�der.
<br />Tf the Pxoperty is d�maged, suc� MisceJlata�ous Proceeds shall be applied W restoration or repaix of
<br />the Property, if tl� restoration or repair is econaxnically feasible and Lender's security is not lessened.
<br />Durin� such repair aad resWration period, L,ender s1�a11 have the right to 1�Id such Miscellaneaus Proceeds
<br />u�ntil Lender has had an opportunity ta inspect such Property to ensure the work has been completed to
<br />Lender's satisfaction, provided that such inspection shall be imdertaken promptly. Lender may pay for the
<br />r�.pairs and restoration in a single disbursement or in a series of progress payrae�nts as the work is
<br />coxnpleted. Unless an agre�n�nt is made in writing or Applicable Law requires interest to be paid on such
<br />Miscellanenus Procee�is, I.ender shaU not be required to pay Hoxxower any intet�est or earnings on such
<br />Miscellaneaus Pmceeds. If the xestaration ar repair is nat c�nomically fcasible or L.e�der's security wnuld
<br />be lesseued, thc Miscellaneous Proceeds sthhall be applied W tix� surms secured by this Seeurity Inswmemt,
<br />whether or not then due, with the r�c�css� if any, paid to Borrower. Such Misoellaneous Frocee�s shall be
<br />applied in t�e order provided far in Secxion 2.
<br />In the cvea�t of a total taldng, destructicm, or loss it� va�ue of thc Property, the Mis�llaneous
<br />Proc�eeds shall be applied W the sums secured by ttyis Security Inswment, whether or aot tb�en due, with
<br />the excess, if any, paid to Borrower.
<br />In the event af a parhal talring, d�on, or loss in value of tt►e Property in wtaich the fair market
<br />value of the Prnperiy imcnediately befare tb,e partial taking, destruction, or loss in value is equal to or
<br />greater than the arnount of the sums secured by this Security Instrument imr�diately before t6e partial
<br />tal�in8, desaructatm, or lass in value, tmless Bormwer and L,ender oth�rvvise a�re� in writing, the sums
<br />secured by this 5ecurity Instnunent shall be redw�d by the amnunt of the Miscellaneous Praceeds
<br />multiplied by the following fractian: (a) the total amount of the sums secured imm�ediately before the
<br />partial tal�ing, de�stnu�tion, or Ioss in value divided by (b) the fair market value of the Property
<br />i�aedraCely before the partiat takrng, des�ruction, or loss in value. Any balance shall be �aid to Borrower.
<br />In the event of a paRial talring, desixuction, or loss in value of the Property in wlur.h the fair markct
<br />value of the Property imn�diately befoxe the partial taldng, destru�tivn, or loss in value is less than the
<br />amount of the su�ms secured immediately befare the partial taldng, d�ion, ar loss in value, unless
<br />Borrower and L�ender otheivvise agre� in writing, th� Miscella�ous Prooeeds shall be applied to the sums
<br />secured by this Secu�rity Instxunn�p�t whether ar not #he sums are then due.
<br />If the PxaperCy is abandaned by Borrower, or if, aFter notice by Lender to Hormwer that thc
<br />�PP�� �3' (as defined in the neat sentence) offers to make an award w sextle a claim for damages,
<br />Borrower fails to respond to L.endesr within 30 days a�ter the date the �otice is given, L�der is autharized
<br />W collect and apply the Miscellaueous Proc�ds either to zestaration or r�air of the Property or to the
<br />sums secured by this Security Iqstnm�t, whether or not then due. "OPPo�S p�Y" means the third P�Y
<br />tt�at owcs Barrower Miscellaa�eous Procec�++ds or thB party against whom Borrower rias a right of action in
<br />t�egard W Misoellac�ous Proceeds.
<br />Borrower shaU be un default if any aaion or pro�ding, whether ci�ril or crinniaal, is begun that, in
<br />Lender's judgrnent, ooald t�esult in forfeiture of the Property or ot�r material uripai� of Lender's
<br />interest in thc Property or rights w�d�r this Security Instrument. Borrowpr can cure such a default and, if
<br />NEBRASKA - 5inple Family - Fara�M Maa/Froddla Mec UNIFORM INSTRUMENT
<br />�-6(NEl 1oe111 Pe�a e of t B INnah: Form 3028 1101
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