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<br />As a result of these agr�ts, �dez�, any puxc�haser of tha Note, another insurer, any reins'urer,
<br />any other �ntity, or any affil,iate of any of the foregoing, xnay �eceive (directly vr indirect),y) amounts that
<br />de�ave from (or maght be characterized as) a portion of Borrower's pay�nts for Mort�age Insurance, in
<br />exchange for sharing or naodifying the mortgagc insurer's risk, or reduciuxg losses. If such agre�ment
<br />provide� thaC an aff'�liate of �der takes a share of the insurer's risk iun ea�change �or a share of the
<br />premiums paid to thc insurer, the azrangement is often t�r�d "raptive reinsnrance." k�rther:
<br />�A� 1U1�' lS�IC�A AgI'Ce�D1�1�9 'W�ll IIpt �� � RlqaUilfS �t $OTl^11W�' ]I�8 A�1'ECv t0 �1Ry fOX
<br />Mortgage Ineuranc�, ax any othcsr teyrms of thc Loan. Such agreem�ut� wlll not increase t�e amount
<br />Baxrow� will owe for Mortgage Insiu�nce, and the�+ wW not entitle Borrowe�r to uny refund.
<br />(b) Ac�y such agrceme�ts �ill nat affect the �ghts Borrower has - it any - with ceospect ta the
<br />Mortga�e L�swrance under t1�e Homcowners Protection Act af 199$ or any other law. These rights
<br />may include the rlght to �ve certain discla�urrs, to reque�t and obtain cancellation of the
<br />Mortgage Insurance, to have the Mortgage Insurauoe term3nated automadcally, and/or to receive a
<br />refund of anq Moetgage Ina�n�anoe p�ium� that were rmeacined at the tlme oi �ucb canc�ell�tlon or
<br />te�minat�on.
<br />11. A�s�gnme�nt of 1Vlisce�laneoug Prooeed�, ForFdture. All Misc�llaneous Proceeds are hereby
<br />assigned to and shall be paid to Lendcr.
<br />Tf the Property is damaged, su�h Miacellaneous Procesds shall be applied to re+stotation or repair of
<br />the Property, if the restoration or repair is eco�mi.cally feasible and I,eio�der's sec�uity is not lessened.
<br />Durin�g such repaiic and restoration period, L.eader shatl havc the right w l�ld auch Miscella�ous Proceeds
<br />until Len,der has �ad an opportunity w ins�ec.�t such Property t� ensure t�se work has beeern completed ro
<br />T..ender's satisfacCion, prnvided that such i�tion s1utU be undertaken promptly. Lender may pay for Ct�e
<br />repairs and restoration in� a single disbursernent or in a series of progress payments as the work is
<br />com�letad. Unless an agre�nneat is made in writin,g or Applicable Law requires interest to be psid on suc�
<br />Miscellaneot�s P�ceeds, � shall not be �t;quired to pay Borrow�r any interest or eamings on such
<br />Miscellane�us Pnoc�ed.4. If the restoraxian or repair its not economically f�asiblc �r Lender's security would
<br />be l�ed, the Miscellaneous Prnceed.4 s�xall be applaed to the �uma sacure� by thi� Sectu�ity Inst�nent,
<br />whether or t�ot then due. with tl� excess, if any, Paid to Bormwer. Stu�h Miscellat�ous Prooec�ds ahall be
<br />applied in the arder parovided far in Section 2.
<br />�n the eve�t of a total taking, de�pruction, or loss :in vai� of the Pmperty, the Miscellaneous
<br />F'roce�ds sball be applied to the sums �u+ed by this Secutrity �nstruuLent, whether nr not then due, with
<br />the eac�ss, if a�ay, paid to Bornower.
<br />In the event of a partial talcing, d�tion, or 1c�ss in valuc of the Property in whieh the fair marlcet
<br />rralue of the Property immediately before the partial tak�g, destnuxion, or loss in value is eqt�l W or
<br />greater than the amount of t�e sums securod by this Security Instnua�nt irumed�iately before thc parti�al
<br />tabng. d�ction, or loss in valuc, unless Banrower and T.ender othervvise agree in wriring, the sunos
<br />secured by Xhis Se:�rrity �,cnt ahall be reduced by tb.e amaunt of the Miscellaneous Pcacee�s
<br />multiplicd by the followin�g firaction: (a) the total amarznt of thc sums secur�i immediately before the
<br />partial taking, destruction, or losa in value divided by (b) the fair nnarket value of the Property
<br />i�diately befnre the partial taking, destruction, or loss in value. Azy balance sball be paid to Borrovver.
<br />In the evea�t of a partial taking, de�uction, or loss in valuc of tfie ProperCy in wlu�h ihe fair market
<br />value of the Prop�ty im�nediately before the partial tstlrin8, dest,tuction, or lass in value is less thaan the
<br />a�unt of the sums secured immediately before the Paztial t�ldng. de�uctio�n, or loss in value, unless
<br />Sort�ower and L,ender otherw�se agrce in writing, the Miscellaneous Proceeds shall be spplied W the sums
<br />se�ure�i by this Se�urity Ins�nt vvhether or �t the s�uns are thea d'u�.
<br />If the Property is abandoned by Borrower, or if� aftsr notice by I.ender to Borrower that th�
<br />�I��B ��Y (as defined in the next sentenoe) offers W malce an award to settle a claim for dama�es,
<br />Borrovvex fails to respond tu I.ender within 30 days after tha date the notice is give�n, I.en�der is authorized
<br />to callect and apply the Miscellaneous Praceeds eitl�er to restoration or rcpair of the Praperiy or to the
<br />sums secured by this Security Instnu�azt, wh�r dr �t then due. "UPP��B �Y" �ana the third paxtY
<br />that owes Horrower Miscedlameous Pmceeds or the party againsC �twhom Borrower has a right of action in
<br />regard to Miscellaneous Ptnoeeds. ' `
<br />Borrawer shall be in default if any action or pmceeding, wlaether civi.l or criminal, i.s begun that, in
<br />L.cnder's judgm�nt, oould result in forfeiture v� the Property ar other mazerial impair�tnent of L,ender's
<br />ix�terest in the Property or rights under this Security Inshvment. �arrower can c�r�re such a default and, if
<br />NEBRqSKA - Single Femily - FanNa MsrlFroddl� Mec UNIFORM INSTRUMENl'
<br />�-6(ME)1oe111 Pap� e of 1� 1 Form 30Z8 1/p7
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