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20110278f
<br />As a result of these agreements Lender, any purchaser o
<br />any other entity, or any affiliate of a y of the foregoing, may �
<br />derive from (or might be characteriz d as) a portion of Borro�
<br />exchange for sharing or modifying he mortgage insurer's ri�
<br />pravides that an affiliate of Lender takes a share of the insi
<br />premiums paid to the insurer, the a ngement is often termed "
<br />(a) Any such agreements wil not affect the amount;
<br />Mortgage Insurance, or any other erms of the Loan. Such
<br />Borrower will owe for Mortgage surance, and they will na
<br />(b) Any such agreements will not affect the rights Bm
<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 termi
<br />refund of any Mortgage Insurance premiums that were une
<br />termination.
<br />11. Assignment of Miscellan ous Proceeds; Forfeitur
<br />assignecl to and shall be paid to Len er.
<br />If the Property is damaged, su h Miscellaneous Proceeds
<br />the Property, if the restoration or r pair is economically feas
<br />During such repair and restoration p riod, Lender shall have th
<br />until Lender has had an opportuni to inspect such Property
<br />Lender's satisfaction, provided that uch inspection shall be un
<br />repairs and restoration in a single disbursement or in a se
<br />completed. Unless an agreement is ade in writing or Applica
<br />Miscellaneous Proceeds, Lender sh 71 not be required to pay ;
<br />Miscellaneous Proceeds. If the resto tion or repair is not econ
<br />be lessened, the Miscellaneous Proc eds shall be applied to th
<br />whether or not then due, with the e cess, if any, paid to Bon
<br />applied in the order provided for in ection 2.
<br />In the event of a total takin , destruction, or loss in
<br />Proceeds shall be applied to the s s secured by this Securi
<br />the excess, if any, paid to Borrower.
<br />In the event of a partial taking destruction, or loss in va i
<br />value of the Property immediately efore the partial taking,
<br />greater than the amount of the s s secured by this Securi
<br />taking, destruction, or loss in valu , unless Bonower and L�
<br />secured by this Security Instrume t shall be reducecl by t
<br />multiplied by the following &actio :(a) the total amount o
<br />partial taking, destruction, or los in value divided by (;
<br />immediately before the partial takin , destruction, or loss in v t
<br />In the event of a partial takin destruction, or loss in v�
<br />value of the Property immediately efore the partial taking, e
<br />amount of the sums secured imme iately before the partial
<br />Bonower and Lender otherwise agr e in writing, the Miscell
<br />secured by this Security Instnunent hether or not the sums a e
<br />If the Property is abandone by Borrower, ar if, aft �
<br />Opposing Party (as defined in the ext sentence) offers to m 1�
<br />Borrower fails to respond to Lende within 30 days after the a
<br />to collect and apply the Miscellan ous Proceeds either to re tc
<br />sums secured by this Security Ins ent, whether or not then i
<br />that owes Borrower Miscellaneous roceeds or the party aga'n�
<br />regard to Miscellaneous Proceeds.
<br />Borrower shall be in default i any action or proceeding �
<br />Lender's judgment, could result i forfeiture of the Rropert
<br />interest in the Property or rights der this Security Instnun t
<br />' the Note, another insurer, any reinsurer,
<br />;cei e(directly or ittdirectly) amounts that
<br />er's payments for Mortgage Insurance, in
<br />k, o reducing losses. If such agreement
<br />•er's risk in exchange for a share of the
<br />apti e reinsurance." Further:
<br />th t Borrower has agreed to pay for
<br />igre ments will not increase the amount
<br />en tle Borrower to any refund.
<br />row r has - if any - with respect to the
<br />of 998 or any other law. These rights
<br />•eq est and obtain cancellation of the
<br />iate automatically, and/or to receive a
<br />rne 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 Proceeds
<br />sure the work has been 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 ar earnings on such
<br />lly feasible or Lender's security would
<br />s secured by this Security Instnunent,
<br />Such Miscellaneous Proceeds shall be
<br />of the Property, the Miscellaneous
<br />ment, whether or not then due, with
<br />'the Property in which the fair market
<br />iction, or loss in value is equal to or
<br />-ument immediately before the partial
<br />otherwise agree in writing, the sums
<br />tount of the Miscellatteous Proceeds
<br />sums secured immediately before the
<br />; fair market value of the Property
<br />�ny balance shall be paid to Bonower.
<br />' the Property in which the fair market
<br />;tion, or loss in value is less than the
<br />destruction, or loss in value, unless
<br />Proceeds shall be applied to the sums
<br />due.
<br />ice by Lender to Borrower that the
<br />award to settle a claim for damages,
<br />� notice is given, Lender is authorized
<br />in or repair of the Property or to the
<br />Opposing Party" means the third party
<br />iom Borrower has a right of action in
<br />�vh ther civil or criminal, is begun that, in
<br />or other material impairment of Lender's
<br />. orrower can cure such a default and, if
<br />NEBRASKA- Single Family - Fannie Ma /Freddie Mac UNIFORM INS RU ENT ��,,��
<br />�-6(NE) �oa��� Page 9 of 15 Initials: J r� .� Form 3028 7101
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