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<br />As a result of these agreements, Le
<br />any other entity, or any affiliate of an o
<br />derive from (or might be characteriz a
<br />exchange for sharing or modifying e
<br />provides that an affiliate of Lender k
<br />premiums paid to the insurer, the arra ge
<br />(a) Any such agreements will no
<br />Mortgage Insurance, or any other t
<br />Borrower will owe for Mortgage Ins ra
<br />(b�) Any such agreements will ot
<br />Mortgage Insurance under the Ho eo
<br />may include the right to receive er
<br />Mortgage Insurance, to have the r
<br />refund of any Mortgage Insurance re
<br />termination.
<br />11. Assignment of Miscellane us
<br />assigned to and shall be paid to Lend .
<br />nder, any purchaser of
<br />f the foregoing, may re
<br />s) a portion of Sorrow�
<br />mortgage insurer's ris]
<br />es a share of the insui
<br />ment is often termed "c
<br />t affect the amounts
<br />rms of the Loan. Such a
<br />nce, and they will not
<br />affect the rights Bor�
<br />wners Protection Act �
<br />tain disclosures, to r
<br />tgage Insurance termi�
<br />miums that were uneal
<br />Proceeds;
<br />If the Property is damaged, suc Miscellaneous Proceeds b
<br />the Property, if the restoration or re air is economically feasi l
<br />During such repair and restoration pe iod, Lender shall have the r
<br />until Lender has had an opportunity o inspect such Property t
<br />Lender's satisfaction, provided that s ch inspection shall be un �
<br />repairs and restoration in a single isbursement or in a seri :
<br />completed. Unless an agreement is de in writing or Applicab e
<br />Miscellaneous Proceeds, Lender shal not be required to pay o
<br />Miscellaneous Proceeds. If the restor ion or repair is not econo
<br />be lessened, the Miscellaneous Proce ds shall be applied to the si
<br />whether or not then due, with the ex ess, if any, paid to 'Bono e
<br />applied in the order provided for in S ction 2.
<br />In the event of a total taking, destruction, or loss in a
<br />Proceeds shall be applied to the sum secured by this Secnrity n
<br />the excess, if any, paid to Borrower.
<br />In the event of a partial taking, estruction, or loss 'in val e
<br />value of the Property unmediately b fore the partial taking, d s
<br />greater than the amount of the sum secured by this Security In
<br />taking, destruction, or loss in value unless Borrower and Le d
<br />secured by this Security Instrumen shall be reduced by th
<br />multiplied by the following fractio (a) the total amount of th
<br />partial taking, destruction, or loss in value divided by (b 1
<br />immediately before the partial taking destruction, or loss in va ue
<br />In the event of a partial taking, estruction, or loss in va1 e
<br />valne of the Property immediately b fore the partial taking, d sC
<br />amount of the sums secured immed tely before the partial ta '
<br />Borrower and Lender otherwise agre in writing, the Miscella o
<br />secured by this Security Instrument hether or not the sums ar t�
<br />If the Properly is abandoned y$onower, or if, afte i
<br />Opposing Party (as defined in the xt sentence) offers to e
<br />Borrower fails to respond to Lender ithin 30 days after the te
<br />to collect and apply the Miscellane us Proceeds either to rest ra
<br />sums secured by this Security Ins ent, whether or not, then d e,
<br />that owes Borrower Miscellaneous P ceeds or the party aga' t
<br />regard to Miscellaneous Proceeds.
<br />Borrower shall be in default if ny action or proceeding, h
<br />Lender's judgment, could result in orfeiture of the Property or
<br />interest in the Property or rights un er this Security Instrume . 1
<br />'ze ote, another insurer, any reinsurer,
<br />:iv (directly or indirecdy) amounts that
<br />'s ayments for Mortgage Insurance, in
<br />or reducing losses. If such agreement
<br />•'s isk in exchange for a share of the
<br />pti e reinsurance." Further:
<br />ha Borrower has agreed to pay for
<br />ree ents will not increase the amount
<br />nti le Borrower to any refund.
<br />we has - if any - with respect to the
<br />' 1 9$ or any other law. These rights
<br />;u t and obtain cancellation of the
<br />te automaticaily, and/pr to receive a
<br />�e at the time of such cancellation or
<br />Miscellaneous Proceeds are hereby
<br />�e applied to restoration or repair of
<br />d Lender's security is not lessened.
<br />to hold such Miscellaneous Proceeds
<br />ue the work has been completed to
<br />:n promptly. Lender may pay for the
<br />progress payments as the work is
<br />� requires interest to be paid on such
<br />rer any interest or earnings on such
<br />y feasible or Lender's security would
<br />secured by this Security Instrument,
<br />uch Miscellaneous Proceeds shall be
<br />of the Property, the Miscellaneous
<br />ment, whether or not then due, with
<br />of the Property in which the fair market
<br />tion, or loss in value is equal to or
<br />s ent immediately before the partial
<br />er therwise agree in writing, the sums
<br />a ount of the Miscellaneous Proceeds
<br />e ums secured immediately before the
<br />h fair market value of the Property
<br />. ny balance shall be paid to Borrower.
<br />of the Property in which the fair market
<br />ru tion, or loss in value is less than the
<br />ig destruction, or loss in value, unless
<br />us Proceeds shall be applied to the sums
<br />e due.
<br />io 'ce by Lender to Borrower that the
<br />a award to settle a claim for damages,
<br />th notice is given, Lender is authorized
<br />ti n or repair of the Property or to the
<br />" pposing Party" means the third parly
<br />w om Borrower has a right of action in
<br />civil or criminal, is begun that, in
<br />• material impairment of Lender's
<br />ver can cure such a default and, if
<br />NEBRASKA - Single Family - Fannie Mae Freddie Mac UNIFORM INST UM T
<br />�-B(NE) �08111 Paqe 9 of 16 Initials: � O � Form 3028 1/01
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