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<br />As a result af tki�s� agreem�nts, Lender, any purchaser of the Note, another insurcr, any reinsurcr,
<br />any other entity, or any affiliate of any oC Ih� far�going, may receive (directly or indirectly) amounts that
<br />derive from (or might be characteriz�d as) a pc�rtion ��f Barrower's payments for Mortgage Tnsurance, in
<br />exchang� for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement
<br />provides that an affiliate of Lender takes a share of the insurer's risk in �xchange for a share of the
<br />pr�miums paid ta the insurer, the arrangement is often termcd "captive reinsnrance." Further:
<br />(a) Any sueh agreements will not affect the amounts that Borrower has agreed to pay for
<br />Mortgage Insurance, or any ather tertns of the Laan. Such agreements will not increase the amount
<br />Borrower will owe for Mortgage Insurs�nce, and the� vv�ill nak entitle Barrower to any refund.
<br />(b) Any such agreemsnts will not s�ffect the rigltts Borrower has - if �ny - with respect to the
<br />Mortg�ge Insurance under the Homeowners Protection Act of 199$ or any other law. Th�s� right�5
<br />may include the right to receive certain disclosures, to request and obts�in cs�ncellation of the
<br />Mortgage Insurance, to have the Mortgage Insurance terminated a�utomatically, and/or to receive a
<br />reFund af any Mortgage Insurance premiums that were unearned at the time of such cancellation or
<br />termination.
<br />11, Assignment of Miscellaneous Proceeds; Forfeiture. All Misc�llansous Praceeds ar� h�reby
<br />assigned to and shall be paid to Lender.
<br />Tf the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of
<br />the Property, if the restoration or repair is econamically fe:asibl� and I.ender's security is not lessened.
<br />During such repair and restoration peric�d, �.c;nder shall hav� the right to hold such Miscellaneous Proceeds
<br />until I.�nder has had an opporiunity to inspect such Property to ensure the work has been completed to
<br />I.,wndcr's satisfaction, provided that such inspection shall be undertaken prompkly. I.ender may pay f�r the
<br />repairs and restaration in a single disbursement or in a series of progr�:ss �ayments as thC work is
<br />completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such
<br />Miscellaneous Proc�eds, I,ender shall not be required to pay Borrower any interest or earnings on such
<br />Miscsllaneous Proceeds. Tf the restoration or repair is not economically feasible c�r I.end�r's s�curily would
<br />he lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument,
<br />whether or not then du�, with ths �xc�ss, if any, paid tc� Barrawer. Such Miscellaneous Proceeds shall b�
<br />applied in the order provided f�r in Sccti�n 2.
<br />In the event of a tvlal taking, destrucCian, or lUSS in valuc of th� Praperty, the Miscc:llancous
<br />Proceeds shall be applic:d to th� sums s�cured by this Security Instrument, whether or not thett due, with
<br />the excess, if any, paid to Borrower.
<br />In ths �vent af a partial taking, destruction, or loss in value of the Property in which the fair market
<br />value of the Property irnmc:diately bcfar� th� partial taking, destructian, ar loss in valu� is eyixal to Ur
<br />greater than lhe amaunt af ths surns secured by this Security Instrument immediately before the partial
<br />taking, destruction, or loss in value, unless Borrower and I.ender otherwise agree in writing, the sums
<br />secured by this Security Tnstrument shall be reduced by the amount of the Miscellaneous T'roceeds
<br />multiplied by the following fraction: (a) th� tatal amount oF the sums sscur�d imm�diately before lhe
<br />partial taking, destructian, ar lass in valu� divided by (b) th� fair mGaxket valu� af the Prapc;rty
<br />immediately before the partial taking, destructi�n, or loss in value. Any balance shall hc paid to Borrower.
<br />In tlie event af a partial taking, destruction, or loss in value of the Property in which the fair market
<br />value of the Property imrnediately befar� thc partial [aking, destruction, or lass in value is less than the
<br />amount of the sums sscured itnmediately before ths partial taking, d�struction, ax lass in valu�, uril�ss
<br />Borrower and Lender otherwise agree in writing, the Miscellaneous 1'roceeds shall be applied to the sunis
<br />secured by this Security Instrument whether ar nat lhe sums are then due.
<br />Tf the 1'roperty is abandoned by Borrower, or if, after notice by I,endcr to Borrower that the
<br />Opposing Party (as defined in tlx� n�xt sentence) affars to make an award to settle a claim far damages,
<br />Borrawer fails to respond to T.ender within 30 days after the date the notice is given, T,ender is authorized
<br />to collect and apply the Miscellaneous Proceeds either to restoration or repair of the 1'roperty or to the
<br />sums secured by this Security Instrument, whether ax na[ th�n due. "Oppasing Party" nneans the third party
<br />that owcs Barraw�r Miscellaneous Proceeds or the party against whom Borrower has a right of action in
<br />regard ta Misc�llaneaus Praceeds.
<br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is b�gnn Lhat, in
<br />T.ender's judgment, could result in forfeiture of the Property or other rnaterial impairment af I,ender's
<br />interest in thc Property or rights nnder this S�curity Instrument. Borrower can cure such a default and, if
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFOiiM INSTftUMENT
<br />�-B(NE) (0811) Pape9of 15 in�tiaib:G� f� Fprm 3028 1(01
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