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20100930�
<br />As a resu.lt af these agrecxnents, Lendcr, any purchaser of the Note, uuvther insurer, auy reius�c�,
<br />any othcr entity, ar any affiliate of any of the faragoing, may receive (di�xtly or indiroctly) amounts that
<br />derive from (or z�night be charactarized us) a partion of Soxxower's paym�nts for Mortga�e bxsurance, in
<br />exchangc fox sharing or modi�'ying .the xuartgage ina�u�er's lisk, or reducing lo�scs. If suc� a$reeman#
<br />provides that an affiliate af I.,cnder talcea a share of thc �zsurer's risk in cxchango for a share of the
<br />premiums paid tv tlie inaurer, the ar�augement ia often termed "captive reinsnxs�ance." Ftuther:
<br />(a) Aany such agreements wil! not afi'ect the amounts that Tiorrower has agreed to pay far
<br />Mortgage Insur�nce, or any other terms nf t�e Lo�u. Such agresments will not increase the amount
<br />Borrower will owe Tor Mat�'gage YnsQrance, and they wilI not entit�e 8orrower to any refund.
<br />(b) Any sach ag�reements vn1M �nat affect the ►-igt�ts Sozrower has � if au�y - rv�th respect to the
<br />Mortgage �nsua-ance under the Homeowner� �rotection Act af 1995 or any other law. These rights
<br />may inclade the right to receive certain disclasures, to rec�uest and vbtain cancellation oi thc
<br />M�rt�age Tnsuranee, to have the Mortgage Insurance terminated aatarnat�cally, and/or ta receive a
<br />refund of any Mortgage Insurance premiunas t6at were unea�-n�ed at the time of such cancellativn or
<br />termimatian.
<br />11. Assignment of Misce�lancaus Proceeds; �orfeiture. AIl Miscellanevus 1'roceeds are herehy
<br />assigned to and sha1l be paid to I.ender.
<br />If the Piroperty is damaged, such MisceA�nec�us Proceeds sha)� be appliod ta restvration ox repair vf
<br />thc P�roperty, if the restoration. or rcpair is econon�ically feasibls and Lemder's security is not lessened.
<br />l7uriing such rcpait and restpratian periad, Londer shall have tla,e right ta hold such Misc�Ilaneous Proceeds
<br />until Lendex bas had an opporhinity to inspect suah Property tv ensiue the work �as beon aompletad to
<br />Lcnder's satisfaction, provided that such inspection shall be undertakcn pxomptly. Leudar znay pay for thc
<br />repairs and restoratiou in a aimgle disbtu•sement or in a serics vf progress payments as the vcrork is
<br />complcted. Unless an agreement is made in writing or Applicable T.,aw rcc�uires interest to be paid on such
<br />Miscellancous Proceeds, Lcndcr sla�all not be required to pay Barrawer any iutereat ar caruings on such
<br />Miscallancous Proceeds. If the restoration or repair is not economically feasiblc or Lende�r's seeurity wquld
<br />bc lessened, the Miscellaueous Proceeds r�hall be ap,pliod tn the suins secured by this Security Ixistn�ment,
<br />whether pr not tb.ar due, Wlt�l, �G GXC�33 if any, paid to Borrower. Such Miscellaneous Proceeds shall be
<br />appl.ied in the order pra`rided for in Seetian 2.
<br />In the cvent o� a tatal i�g, destruction, or ],pss iau value of the Pz�operiy, the Miscellaneous
<br />Proceeds sIiall ba applied to tho suma secured by this Security Tnst�vmont, whettzcr or not thar due, with
<br />the raccess, if any, paid in Borrower.
<br />rn the event o£ a partial taking, daslrruction, or ]oss in �valne of the Property in which the fair market
<br />value of the Properky imaxicdiately before tho pariial taking, deslx�uction, or loas in valuo is ec�ual to or
<br />greater fha�o� the amount of the su,me secuured by this Security Instrumant irmmediatoly before the partial
<br />taking, des�ruction, or lass in value, wzless Borrawet and Lend�t othez�wise agree in writing, thc sums
<br />scaurcd by this Security xnstrunaent shall be reduced by tlxa amount of the Miscellaneous Proceals
<br />mult�plied by tha following fraction: (a) th� tntal amount o� t]xe sums s�curcd iimm,r,ciiately before the
<br />partia] taking, destruction, or loss in .value divided by (b) tho fair market value of the Property
<br />immcdiately before thc partial taking, destruction, or loss in value. Auny balanco shall bc paid to Boxrower.
<br />In the event of a paxtial taking, destzuction, or loss in value of the Properly in wluah the fair marlcet
<br />value pf the Prope,rty im�nediately bcfore thc partial taking, destzuctian, or loss in value is less than, the
<br />amount of thc sums secured inwmediatcly before the partial talcing, drstruation, or loss in value, iu�less
<br />Borrovver and Lender otherwise agree in writing, the Miscellaueous Proc�eds slaall be applied to the sums
<br />secured by this Sccunity Instrutnent wrbathar ar not thc suzus are then du�.
<br />I£ th� Pz�operty is abandoncd by Borrower, ar if, after nntic� hy Lendor to Bprrvwer that tha
<br />Dpposing Farty (as de�ined in the mext �antence) offers to make an awazd to aettle a c]airm for da�uagea,
<br />Borrower fails tn respond to Lendcr within 3D days aftor the date tb�e notice is givar, Lendc�r is autharized
<br />to collect and apply fhe Misacllaneai�s Proceeds either ta :restoratian ox repalr of tl�e Property or to the
<br />sams secured by this Security Instrument, vvhether or not then due. "Opposing Party" m,eans the third Party
<br />that orw'cs Borrowe�t Miscellaneous Praceeds ar thc pariy agaixzst whom Borrowcr has a right of action in
<br />regard to Miscellaneous Procccds.
<br />HorrawGr shall bc i�n default if any action or proceediug, whather ci�vil or crimival, is bcguu that, iun
<br />Lc�der's judgxnent, could result iu farfeiture of the Pxoperty or nth�r materia}. impairme�ut of Lcnder"s
<br />intexest in the Properiy or ri�hts und�r. t�ia Seaurity instru,mcut. I3orroweir can cure such a default a�ud, if
<br />N�BRASKA- S(rtgte Family - Fann{s MaelFreddie Mac UNIFCIRM IHSTRLIMENT
<br />�`6ME) (Dah �) Pnpa 8 of 75 Iniliwle: Fol't11 3028 1101
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