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<br /> As a result oF these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer,
<br /> any other entity, or any affiliate of any of the foregoing, may receive(d'u�tly or indirectly) amounts that
<br /> derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in
<br /> exchange for shazing or modifying the mortgage insurer's risk, or reducing losses. If such agreement
<br /> provid� that an affiliate of Lender takes a share oF the insurer's risk in exc�ange for a share of the
<br /> premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further:
<br /> (a) Any such agr�ments will not aftect We amo�ts thet Borrawer has agrced to pay for
<br /> Mortgage Ias�aance, or any other terms of the Loan. Sach agre�ments will not increese the amount
<br /> Borrower will owe For Mortgage Insurence,and they will not entitle Borrower to any refund.
<br /> @) Any such agreements w71 not affed the rights Borrower hes - if any - with mapett to the
<br /> Mortgage Insurance under the Hom�wneis Prot�tlon Act of 1998 or a� other law. These rlghts
<br /> may include the rlght to recdve certain disclosares, to requevt and obtain caucellation of the
<br /> Mortgage Insurance, to hare the Mortgage Insurauce terminated autamatimlly, and/or to rereive a
<br /> refmd ot any Mortgage Insarance premi�s that were�mearned at the time oF snc6 cancellation or
<br /> terminatian.
<br /> 11. Assignment of Miscellaneous Proceeds; ForFe3tore. Al1 Miscellaneous Proceecis are hereby
<br /> assigned to and shall be paid to I.ender.
<br /> If the Property is daznag�, such Miscellaneous Proceeds sk�all be applied to restoration or repair of
<br /> the Property, if the resroration or repair is economically feasible and Lender's security is not lessened.
<br /> During such repair and restorazion period, Lender shall have the right to hold such Miscellan�us Proceecis
<br /> until Lender has had an opportunity to inspect such Property to ensure the wark has been completed to
<br /> Lender's satisFaction, provided that such inspection shall be undertaken promptly. I.ender may pay for the
<br /> repaits and restoration in a single disbursement or in a serie.s of progress payments as the work is
<br /> completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such
<br /> Miscellaneous Proc�is, Lender shall not be required W pay Borrower any interest or earnings on such
<br /> Miscellaneou.s Proce�s. If the restoratian or repair is no[economically feasihle or Lender's security would
<br /> be lessened, the Miscellan�us Proc�s shall be applied w the sums secured by this Serurity Insuvment,
<br /> whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Procceds shall be
<br /> applie3 in the order provided for in S�tion 2.
<br /> In the event of a total taking, destrudion, or loss in value of the Property, the Miscellaneous
<br /> Proceeds shall be applied to the sums secured by this S�urity in. ,.��t, whether or not then due, with
<br /> the excess, if any, paid to Borrower.
<br /> In the event of a partial taking, desmicction, or loss in value of the Property in wluch the fair mazket
<br /> value af the Property ia�ediately before the partial taldng, deshvction, or loss in value is equal to or
<br /> greater than the amount of the sums secured by this Securiry in�m,,.,�,� ��lazely before the partial
<br /> taking, deshuction, or loss in value, uniess Borrower a¢d L.ender otherwise agr� in writing, the sums
<br /> s�ured by tfris Security Instrument shatl be reduc� by the amount of the Miscellaneous Proce�is
<br /> multiplied by the following &acdon: (a) the rotal amount of the sums s�ured immediately before the
<br /> partial taking, destruction, or loss in value divided by (b) the fair market value of the Property
<br /> immediately before the partial taking, destruction, ar lass in value. Any bal�ce shall be paid to Borrower.
<br /> In the event of a partial taking, de.struction, or loss in value of the Property in wivch the fair market
<br /> vatue of the Property i�ediazely before the paztial taldng, desuuction, or loss in value is less than the
<br /> amount of the sums secut� immediazely before the partial ta�ng, deshuction, or loss in vatue, unless
<br /> Borrower and I.ender otherwise agree in writing, the Miscellaneous Procceds shall be applied to the sums
<br /> secured by this S�urity Instrument whether or not the sums are then due.
<br /> If the Property is abandoned by Borrower, or if, after nodce by Lender to Borrawer that the
<br /> OpPosing Party (as defined in the nex[ �ntence) offers to make an award to settle a claim for damages,
<br /> Borrower fails to respond to Lender within 30 days after the date the¢orice is given, Lender is authorized
<br /> to collect and apply the Miscellaneous Proceeds either to r�toration or repair of the Property or to ttte
<br /> sums s�ured by this Security in� ,�P.!!, whether or not then due. "Opposing Parry" means the t6ird PaTty
<br /> Wat owes Borrower Miscellaneous ProceEds ar the party against whom Borrower has a right of action in
<br /> regard to Miscellan�us Prac�s.
<br /> Borrower shall be in default if any action or proceeding, whetha civIl or criminal, is begun that, in
<br /> Lender's judgment, could restilt in forfeiture af the Property or other material iuq�airment of Lender's
<br /> interest in the Property or rights under this Security i��m,mP�f, go�wer can cure such a default and, if
<br /> M KFF
<br /> NE9flA5KA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTNUMENT
<br /> Qy�-BINEI�oa�u raeasmis m�ueis:� Form3028 7/07
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