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<br />(a) A,ny such agreements will not atl'ect the amounts that Borrower has agreed to pay for Mortgage Inaurance, or any
<br />other terms of Che Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they
<br />will not entitle Bnrrnwer M any refund.
<br />(b) Any such agxcements will not atTect the rights Borrower has - if any - with respect to the Mortgage Insurance under
<br />the Homeowners Protection Act of 1998 or �ny other law. These rights may include the wigLt ta receive certain disclosures,
<br />to request and obtain canccllation of the Mortgagc Insurance, to hare the Mortgage Insurance terminated automatically,
<br />and/or to receive a refund of any Mortgage lnsurance premiums tht►t were unearned at the time of such cancellation or
<br />termination
<br />11. Assignment of Miscellaneous Procccds; ForFciture. All Miscellaneous Froceeds are hereby assigned to and shall be
<br />paid ta Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if thc
<br />restoration or repair is economically feasible and Lender's security is not ]essened. During such repair and restoraUon period,
<br />Lender shall }aave the right to hold such Miscellaneous Proceeds until Lender l�as had azt opportunity to inspect such
<br />Property to ensure the work has been cprnpleted to Lender's satisfaction, provided that such inspection shall be undertaken
<br />promptly, Lender rnay pay for thc rcpairs and restoration in a. single disbursement or in a series of progress payments as the
<br />work is completed. i]nless a�i agreement is made in writin� or Applicable Law requires interest to be paid on such
<br />Miscellaneous Proceeds, Lender shall not be required to pay Borrower drry interest or earnings on such Miscellaneous
<br />Proceeds. [f the restora.tian or repair is nvt economically feasible or i�ender's security would be lessened, the Miscellaneous
<br />Proceeds shall be applicd to the surras sccurcd by this Security Instnunent, whether or not then due, with thc excess, if a�,
<br />paid to Borrower, Such Miscellan.eous Proceeds shall be applied in the order provided for in Section 2,
<br />ln the event of a totfil taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to
<br />the sums secured by this Security �struzanent, whether or not rhen due, with the excess, if any, paid to Borrower.
<br />In the event of a partial taking, deslruclion, ur ]oss in value of ilie Property in which lhe fairmarkef value of the Properiy
<br />immediately before the partial taking, destruction, or loss in value is cqual to or greater than the amount of ihe sums secured
<br />by this Security Instnunent immediately before the partial taking, destruction, vr loss in value, unless 13orrower and Lender
<br />otherwise agree in writing, the sums secured by this Security Instrument shall be xeduced by the amount of the Miscellaneous
<br />Proceeds �n�.iltiplied by the following fracLion: (a) tlie �otal �u�iount of 1he sums secured in�nediately before lhe partial taking,
<br />destruction, or loss in value divided by (b) the fair mazket value oF the Property immediately before the partial taking,
<br />destruction, or loss in value. Any balance sh�ll be paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in valuc of the Property in which the fair market valuc of the Properly
<br />immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured iinmediately
<br />before the partial taking, destrucUon, or loss in value, unless Borrower and Lender otherwise agree in writing, the
<br />Misce]laneous Proceeds shall be applied to the sums secured t�y this Security Instrument whether or not the sums are then
<br />due.
<br />If the Properiy is abandoned by Borrower, or if, after notice by Lender to Borcower that the Opposing Parry (as defined in
<br />the next scntence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days
<br />after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Froceeds either to restoration or
<br />repair of lt►e Property or fo Qie sums secwred by this Security Instnunent, whether or not then due. "Qpposing Parly" means
<br />the third p�arty tt�at owes Aorrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard
<br />to Miscellaneous Proceeds.
<br />Borrower sliall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment,
<br />could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this
<br />Security InstrumenL. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by
<br />causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property
<br />or other material impairnaent af Lender's interest in the Property or rights iu�der this Sec��nity Iiastniment. The proceeds of any
<br />award or clailn for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and
<br />shall be paid to Lender.
<br />All Miscellancous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order
<br />provided for in Section 2,
<br />NEBRASKA - Single Family - Fannie MaelFreddie Maa UNIFDRM INSTRUMENT '����, . l
<br />��-6(NE) (� Pege 8of14 ini�ieia: � Fnrm 3028 U01
<br />DDS-NE9
<br />I IIIIII IIIII III� IIIII IINIII I�I all IIIII Illh IUII III� IIIII III� II� III
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