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<br />As a resull of the:�e agreemcnts, Lender, any purchaser of the Nute, another insurer, any reinsurer,
<br />any other entity, or any afftliate of any of thc ti�regoing, may reccive (directly or indirectly) amounts thal
<br />detive Ft'otn (or inight be chardcteriaed as) a portion of $ortower's payments for M�rt�age Insurance, in
<br />exchange fnr Sharing or modifying lhe mc�rtga�e intiurer'ti ri5k, or reducing le�5sek_ If tiuch agreemonl
<br />provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a sh�re of the
<br />prcmiums paid to ihe insurcr, thc arrdngetnent is oftcn tcrrned "captivc rcinsurancc." FurYher:
<br />(a) Any such agreements will not affect the amoants that Borrower has agreed to pay for
<br />Martgage Insurance, or any other terms of the Loan. Such agreements will not inerease the aroount
<br />Sorrower will awe for Mortgage Insurance, and they will not entitle Borrower t� any refund.
<br />(1y) Any such agreements will not affect the rights Borrower has - it any - with respect to the
<br />Mortgage Insurance under the Homeowners Protecfion Act of 1998 or any other law. These rights
<br />may include the right to receive certain disclosures, tn requegt and obtain cancellation nt the
<br />Mortgage Insurance, ta have the Mortgage Inaurance terminated automatically, and/ar tn receive a
<br />refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or
<br />term�nation.
<br />11. Assignment of Miscellaneaus Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby
<br />dsaigned to and shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or tepair of
<br />the Property, if the restoration or repair is econoinically Peasible and Lendcr's secutity is not lessened.
<br />During such rerait and restoration petiod, Lender shall have the right to hold such Miscellanenu5 Proceeds
<br />until Lendcr has had an opp�ttunity to inspect Such Property to ensure the work has been cornplcted to
<br />l.,ender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay fcat the
<br />repairs and restoration in a single disbursement or in a seties of progress payments as the work is
<br />compleled. iJnlcns an agreemenl is made in wriling or Applicahle Law reyuires inleretit to be paid on tiuch
<br />Miscellaneous Procecds, Lendet shall not be required to pay Borrower any interegt ot earnings on such
<br />Miscellaneous Procceds. If the restoration or repair is not econornically feasible or Lender's security would
<br />be lessened, the Miscellaneous Ptoceeds shall be applied to the surns secured by this Security Instrument,
<br />whether or not then due, with lhe excesa, if any, paid to Bc.�rrower. Such Miscellaneou�; Proceedti shall b�
<br />applied in the order provided for in Section 2_
<br />In the event of a total taking, destruction, or loss in value of the Property, the Miscellancous
<br />Proceeds Shall be applied to the sums secured by this Secwity lnstrument, whethex or not then due, with
<br />thc exeess, if any, paid to Bot�towcr.
<br />Tn the event of u partial taking, detitruction, or lusti in value of lhe Prnperly in which the fdir market.
<br />value of the Property irnrnediately before the partial taking, destruction, or loss in valtte is equal to or
<br />�rcater than the amount of the sums secuted by this Security Instrument immediately before #he partial
<br />taking, destructian, ot loss in value, unless Borrowet and Lender othetwise agree in wr the suins
<br />socured by thia Security Intilrument shall he reduced by lhe amount uf lhe Miticellaneous Froceeds
<br />multiplied hy the following fraction: (a) the total amouni of the sums secured immediately befi�re the
<br />partial taking, destnxction, or los� in valuc divided by (b) the fair markct value of the Property
<br />immediately before the pattial takin�, destruction, or los� in value. Any balunce shall be paid to I3ottower.
<br />Tn thc event af a�attial taking, de�ttuction, or los� in value of lhe Prnperty in which the fair market
<br />value of the Property immediately before the partial taking, destruction, or loss in value is less than the
<br />amount of the sums secured immediately before the partial taking, destruction, or loss in value, unless
<br />Borrower and Lender niherwise agree in writing, the Miticellaneou5 Prc�ceeds shall be applied lo lhe sums
<br />sccured by this Security Instrument whether pr not the sums are then due.
<br />If thc Prnperty is abandoned by Borrow�r, or if, after notice by Lcnder tp Bortower that thu
<br />Opposing Party (as defined in the next sentence) nffers to make an award to settle a claim for damages,
<br />Bottower fails lo respond to Lender within 30 days after the date the notice is given, Lendet is authorized
<br />(o cullect and apply lhe MiSCellaneuuti Proceeds eilher to restoralion ur rePair of the Properiy c�r io lhe
<br />sums secured by this Security Instrument, whethcr or not then due. "Opp�sing Party" means the third party
<br />that owes Borrower Miscellaneous Proceeds or ihe party against whom Borrower has a right of action in
<br />regard to Miscellaneous Proceeds.
<br />Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in
<br />Lender's judgmeni, could resuli in forfeiture of khe Property ot other material impairmeut of Lender's
<br />inleresl in lhe Prc�perty or righlti under thiti Securily InstrumenL F3oirower can cure tiuch a defaull and, if
<br />NEBFLASKA- Single Family - Fannle MaelFreddie Mac UIVIFORM INSTRUMENT /, / /J m ��
<br />�-6(NE) �oe��� Page 9 of 15 i��t�sig:,�/�7 Form 3028 1I01
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