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As a result of these agreements, Lender, any purchaser o1
<br />any other entity, or any affiliate of of the foregoing, may n
<br />derive from (or might be characteriz as) a portion of Bonov�
<br />exchange for sharing or modifying e mortgage insurer's ris
<br />provides that an affiliate of Lender akes a share of the insu
<br />premiums paid to the insurer, the arr gement is often termed "c
<br />(a) Any such agreements will not affect the amounts
<br />Mortgage Insurance, or any other t rms of the Loan. Such ;
<br />Borrower will owe for Mortgage Ins rance, and they will not
<br />(b) Any such agreements will ot affect the nghts Bor
<br />Mortgage Insurance under the Ho eowners Protection Act
<br />may include the right to receive certain disclosures, to �
<br />Mortgage Insurance, to have the ortgage Insurance termia
<br />refund of any Morfgage Insurance remiums that were une�
<br />termination. i
<br />11. Assignment of Miscellan us Proceeds; Forf�tur�
<br />assigned to and shall be paid to Lend r. ',
<br />If the Properiy is damaged, suc Miscellaneous Proceeds I
<br />the Property, if the restoration or r air is e�onomicaliy feas�1
<br />During such repair and restoration pe 'od, Lender shall have th�
<br />until Lender has had an opportunity to inspect such Property ,h
<br />Lender's satisfaction, provided that s ch insp�tion shall be un�
<br />repairs and restoration in a single isbursement or in a ser�
<br />completed. Unless an agreement is de in writing or ApplicaU
<br />Miscellaneous Proceeds, Lender sh 1 not be required to pay �
<br />Miscellaneous Procceds. If the restor tion or repair is not econq�
<br />be lessened, the Misceilaneous Proc s shall be applied to th�
<br />whether or not then due, with the e ss, if any, paid to Borrd�
<br />a}jplied in the order provided for in tion 2. �
<br />In the event of a total taking destruction, or Ioss in ��
<br />Proceeds shall be applied to the s secured by this Securityi
<br />#he excess, if any, paid to Borrower. '
<br />In the event of a partial taking, destruction, or loss in va��
<br />value of the Property immediately efore the partial taking, {i
<br />greater than the amount of the s secured by this Securityj
<br />talcing, destruction, or loss in valu , unless Borrower and L.�i
<br />s�ured by this Security Instrume t shall be reduced by tl�E
<br />multiplied by the following fractio ;(a) the total amount o f
<br />partial ta�Cing, destruction, or los in value divided by (i�)
<br />i�unediately before the partial takin , destruction, or loss in vali
<br />In the event of a partial taking destruction, or loss in va�t
<br />value of the Property immediately fore the partial taking, de
<br />amount of the sums secured imm iately before the partial t�l
<br />Bc�rrower and Lender otherwise agr in writing, the Miscellain�
<br />secured by this Security Instrument hether or not the sums ar� '
<br />If t�e Property is abandoned by Borrower, or if, aft r
<br />Opposing Party (as defined in the ext sentence) offers to �
<br />Borrower fails to respond to Lend within 30 days after the c�a�
<br />to collect and apply the Miscellan us Proceeds either to re�tc
<br />sums secured by tkiis Security Ins ent, whether or not then Id�
<br />that owes Borrower Miscellaneous occeds or the party agai�:
<br />ai :
<br />regard to Miscellaneous Proceeds. ;
<br />Borrower shall be in default i any action or proceedingi `
<br />Lender's judgment, could result ' forfeiture of the Propert�
<br />interest in the Property or rights der this Security Instrume�nt
<br />NEBRASKA - Single Family - Fannie
<br />(�-61NE) los�n
<br />�
<br />1lflac UNiFORM
<br />Page 9 of i 5
<br />20�f02�8�
<br />the
<br />'Vote, another insurer, any reinsurer,
<br />; (directly or indirectly) amounts that
<br />�ayments for Mortgage Insurance, in
<br />reducing losses. If such agreement
<br />risk in exchange for a share of the
<br />; reinsurance." Further:
<br />Borrower has agreed to pay for
<br />ments will not increase the amount
<br />le Borrower to any refund.
<br />r has - if any - with respect to the
<br />�98 or any other law. These rights
<br />st and obtain cancellation of the
<br />automatically, and/or to receive a
<br />at the time of such cancellation or
<br />Miscellaneous Proceeds are hereby
<br />be applied to restoration or repair of
<br />nd Lender's security is not lessened.
<br />t to hold such Miscellaneous Prot�eds
<br />sure the work has i�cen completed to
<br />:en promptly. Lender may pay for the
<br />f progress payments as the work is
<br />w requires interest to be paid on such
<br />wer any interest or earnings on such
<br />ly feasible or Lender's securiry would
<br />s secured by this Security Instrument,
<br />Such Miscellaneous Proceeds shall be
<br />of the Properly, the Miscellaneous
<br />ment, whether or not then due, with
<br />the Property in which the fair market
<br />ction, or loss in value is equal to or
<br />rument immediately before the partial
<br />otherwise agree in writing, the sums
<br />ount of the Misceilaneous Proceeds
<br />sums secured 'unmediately before the
<br />fair market value of the Pro�erty
<br />ny balance shall be�aid to Borrower.
<br />the Property in which the fair mar}cex
<br />ction, or loss in value is iess than t�e
<br />;, destruction, or loss in value, uniess
<br />s Proceeds shall be applied to the suins
<br />i due.
<br />itice by Lender to Borrower that the
<br />n award to settle a claim for damages,
<br />le notice is given, Lender is authorized
<br />ion or repair of the Property or to the
<br />"Opposing Party" means the third party
<br />�hom Bonower has a right of action in
<br />:ther civil or criminal, is begun that, in
<br />other material impairment of Lender's
<br />onower can cure such a default and, if
<br />�nitia�s: form 3028 1I01
<br />�� I �� � Q�`�.
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