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201105�3�
<br />As a result of these agreeme�ts, Lender, any purcha�r of the Note, another insurer, any reinsurer,
<br />any other en#ity, or any affiliate of atry of the foregoing, may receive (directly ar indire�tly} amoums that
<br />derive from (or mi�ht be characterized asj a partian of Barrawer's payments for Mortg�age Inswrance, in
<br />exchange for sharing or modifying the martgage insurer' s risk, or reducing losses. If such agreemezrt
<br />pxovidss that an a�liate of Lender t�kes a share o£ the insiu�er's ris� m exchauge for � shars of the
<br />premiums paid to the insurer, #he arrangement ia often termad "capt�ive reinsurance." Purther:
<br />(a) Any sacb agreements �cvill not affect the amounts that Borrnwer has agreed to pay for
<br />Mortgage Insurance, or any other tecros of the Loan. Such �gceements wfll not increas� the amoant
<br />Borrawer will owe for Mortgage Insurauce, and th wiD not entftle Borrower ta any refund
<br />@) Any such agr�ments wili nat atY'ect the t�hts Borrower has - if any - with respect ta the
<br />Mortgage Insurance under the Hum�wners Protection Act of 1998 or any other law. These rights
<br />may include tl�e tight to rece�ve certain d9sclosures, to r�nest and obta9n cancellation of the
<br />MortDage Insurance, to have the Mortg�ge Insur�nce termfnated �ntomatically, aud/or to reeeive s
<br />re�and af any Mortgage Insurance premiums th�t were uuearned at the time of such canceIIation or
<br />termination.
<br />11. Assignment of MiscelLan�ns Proce�ds; ForFeiture. All Ms������►+�� Proceeds �e herehy
<br />assigneci to end shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds s1�all be applied to resWration ar repair of
<br />the Property, if the restozation or repair is economically f�sible �d Lendez's security is not lessened.
<br />Dtaing such repeir and restoration period, Lender sha11 have the right t� hald such Miscellan�us Proceeds
<br />until I.�nder has had an oppoxttimity to inspect such Property to ensure the work has been completed to
<br />Lender's satisfaction, provided that such inspoction shall be undertaken promptly. Lender may pay far the
<br />repairs and restoration in a single disbursement or in a series of progress paymettts as the work is
<br />completed. Unless an agreement is made in writing or Applicable Law zequires interest to be paid on such
<br />Mis�llaneous Procceds, Lender shall nat be required to pay Bnrrower az�y itrterest or earnings on such
<br />Miscellan�us Proc�eds. If the restoration or repair is not economically f�asible or Lander' s security would
<br />be lessened, the 11�scellan�us Proceeds sball be applied to the sums secured by this Security Instrument,
<br />whether or nat then due, with the axcess, if any, paid to Eorrowe�r. Such Miscellaneoas Proceeds shall be
<br />agplied 'ut the order provided for ia Sectiaz► 2.
<br />In the event af a total takinig, destruction, or lass in value af the Property, the Miscellaneous
<br />Pro�eds shall be applied to the sums secured by this Security Instrwne� whether or not than due, with
<br />the excess, if any, paid to Borrower.
<br />In the event of a partial ta�►g, desiruction, ar lass in valae of i3�e Property in which the fair marl�et
<br />value of the Property immediately befare tha partial t�kin.g, destruction, or loss in value is equal ta or
<br />greater than the amotutt of fhe sums sec�u� by this Sacurity Ins�mment immediately before the partial
<br />ta2dzag, destruction, or loss in valne, unless Barrower and Lender otherwise agree in writing, the sums
<br />secured by this Sec�ity Instnuneirt shall be reduced by the a�aonnt of the Miscellaneous Proceeds
<br />rnultiplied by the following fractian: (a) the totai amount af the sums sec�� immediately hefore the
<br />partial t�ng, destruction, or loss in value divided by (b} the faQ market value of the Property
<br />imme�iiately befare the partial talang, de�ruction, or loss in value. Any balance shall be�sid to Borrow�.
<br />Tn the event of a parti.al taking, destruction„ or Ioss in vatue of ttte Property in wluch the fau� market
<br />value af tiie Property immediately before the partial taking, destruction, or loss in value is lass than the
<br />amaunt of the s�s secured i,r,med4ar�y before the partial taldng, desiraction, ar loss in valne, iml�s
<br />Borrower and Lender otherwise agre,e in writmg, the Miscellaneous Froceeds sball be applied to tha simos
<br />secured by this Security Instrumart whether or not the sums are then dne.
<br />If the Progerty is abandoned by Borrawer, or if, after n.otice by Y.ender to Borrower thgt the
<br />Opposing Party {as defined in the next sentence) offers to ma�e an award to settle a claim for damages,
<br />Borrawer fails to respond to Lender within 30 da.ys after the date the notice is given, Lender is authorizeal
<br />to collect aad apply the 1Vliscellaaeous Proceeds eithar to restaration or repair of the Proparty or to the
<br />sums secured by this Secutity Tn� whethmr or not then due. "Opposing Pariy" means the third P�Y
<br />that owes Horroveer M'iscell�eous Prac�ds or the party against whom BoT.xower has a rlght of action in
<br />regard to 1Vfiscelt�eous Proceeds.
<br />Borrmver shall be in default if any action or proc�ciing, �vhether civil or criminal, is beg�m that, in
<br />Lender's judgm�ant, could result in forfeitura of the Property or ather material impairment af Lender's
<br />mter�t in ihe i'roperty or rights under this Secua�ity Insfrumeirt. Baaower can cur� such a default and, if
<br />acceleratian haa oceurred, reinstate as provided in Section 19, by eausing the action ar proceeding to be
<br />2200156587 D V6�
<br />NEBRASKA - Single Family - Fennie RAee/Fredtlle Mac UNIFORRA INSTRUMENT WlTH S
<br />�-8Atl1lE) �ostq� Pege 8 of 1B ��s: _ Form 3Q28 1l01
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