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20�109
<br />Any amounts disbwsed by Lender under this Sectioa 9 shall become additional debt of Bonower secuz� by tbis
<br />Se.curity Tnstrument. These amounts shall bear interest at the Note nte from the date of disbursemern and shall be
<br />payable, with such intezest, upon nodce from Lender to Bonower requesting paym�nt.
<br />If this Security Instivment is on a leasehold, Borrower shall c4mply with all the provisions of the lease.
<br />Bonower shall not surrender the leasehoid estate azid interests herein co�eyed or terminate or cancel the ground lease.
<br />Borrower shall not, witliout the express written consent of Lender, alter or amend the ground lease. If Barrower
<br />acquires fee title to the Property, the lasehold and the f� riY1e shall not merge nnl�ss I.ender agrees to the merger
<br />in writing.
<br />10. Mortgage Ins�ance. If Leader required Mortgage Insurance as a condition of making the Loan, Borrower
<br />shall gay the premiums required to maintain the Mortgage Ins�u�anca in effect. If, for any reason, the Mortgage
<br />Tns�uance coverage required by T.ender ceases to be available from the mortgage insurez tlxat pzeviously provided such
<br />msurance and Borrower was required to make separately designated payments toward the pzemi.unas for Mortgage
<br />I�asurance, Horrower shall pay the premiums required to obtain coverage substantially equivalern to the Mortgage
<br />Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurauce
<br />previously in effect, from an alternate mortgage insurer sele�ted by Izuder. Jf substaatially equivalent Mortgage
<br />Insivance coverage is not available, Bonrower shall continne to pay to Lender the amount of the separetely de.signated
<br />payments that were due when the insurance coverage ceased to be in effect. Lendez will accept. use and ret�.in these
<br />paymeuts as a non-refundable loss reserve in Iieu of Mortgage Insurance. S�cb. loss xeserve shall be non-refundable,
<br />notvvitYistanding #he fact that rhe Loan is ultimately paid in fiill, and I.ender shall not be required to pay Borrower any
<br />interest or earnings on such loss reserve. Lender caa no longer require loss resezve payments if Mortgage insurance
<br />coverage (in the anlount and foz the peri�. that Lendez requixes) provided by au insnrer selected by I,ender again
<br />be�omes ava�able, is obtained, and L$nder requires separately designated payments towazd the premiums for
<br />Mortgage Insurance. If L,ender required Mortgage Insuraace as a condition of making the Loan and Borrower was
<br />required to r�oake separately designaxed payzn,ents toward the premiwms for Mortgage Insnrance, Borrower shail. pay
<br />the premiimms required to maintain Mortgage Insurance in effect, or to provide a non-refcindable loss reserve, wntil
<br />I.ender's requirement for Mortgage Insurance ends in accordance with any written agree�ment between Bottower and
<br />Lender providing for such termination or until termination is req�vred by Applicable La.w. Nothing in this Section
<br />10 afFects Bonrower's obiigation to pay interest at the rate pmvided in the Note.
<br />� Mortgage Insurance reimburses �ndez (ar any entity that purcl�ases the Note) for certain losses it may incur
<br />if Borrower does not repay the Lvan as agzeed. Borrower is not a garty to the Mortgage Insurance.
<br />Mortgage insurers evalua.te their total risk on all such insurance in force from time to time, and may enter into
<br />agreements with other parties that shaza or modify their risk, or redace losses. These agreemeats aze on teims and
<br />conrlitions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These
<br />agzeements may require the mortgage insurer to make payments tassing any source of funds that the mortgage insurer
<br />may have available (which may include funds obtain� frozn Mortgage Inswraace premiums).
<br />As a result of these agreemeu#s, Lender, any purchaser of the Note, another ins�er, any reins�er, any other
<br />entity, or any aff liate of any of the foregoing, may receive (directly or indirectly) amounts that clerive from (or might
<br />be characterized as) a portion of Borrower's payments for Mortgage �nsvrance, in exchange for sharing or madifying
<br />the mortgage insurer's risk, or reducing losses. If such agreement grovides tha.t an af&liate of Lender takes a share
<br />of tb.e insurer's risk in exchange for a share of the prerniwns paid to the insurer, the arrangement is often termed.
<br />"C2�11VB T@lllSnra�1C2. ° �uTt�leT.
<br />(a) Any such agre.enaents wIll not affect the amoimts that Sorrower has agrced to pay for Mortgage
<br />Insmance, or any other terms of the Loan. Sach agreements will not inarease the amount Borrower wiII owe
<br />for Mortgage Insurance, and they w71 not en�tle Borrower to any refund.
<br />@) Any suclt agreements wi� not a£fect �the xig�ts Borrower has - if any - with respe�t to the Mortgage
<br />Ins�aace under the Homeowners Protection Act of 1998 or any other law. These rights may fnclude the right
<br />to receive certain disclosnres, to reqnest and obf.ain cancellation of the Mortgage Insurance, to bave the
<br />Mortgagelnsuranceterminated a�omatically, and/or to receive a ref�md of any Mortgage Tnswrance preaaiuuns
<br />fhat were unetuned at the time of such cancellation or termination.
<br />11. Assignment of M'isceIlaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to
<br />and sha1l be paid to Lender.
<br />If the Property is damaged, such MisceIIaneous Proceeds shall be agglied to restoration or repair of the Propexty,
<br />if the restaration or zepair is economically feasible and Lender's security is not lessened. During such repair and
<br />restoration period, Lender shall have the right to hold such Misceltan�us Proceads until Lender has had an
<br />oppartunity to inspect such Properiy to ensure the work has been completed to T.ender's satisfaction, provided that
<br />such mspection shall be urcdertaken promptly. Lemder may pay for the repairs and restorazion in a single disbursement
<br />or in a sesies of progress payments as the work is completed_ Unless an agre�mern is made in writing or Applicable
<br />Law requires interest to be paid on such Miscellaneous PraceeQs, Lender shall not be zequired to pay Bormwer any
<br />ivaterest or eaanings on such MiscelIaneous Proceecis. If the restorataon or repair is not economically feasible or
<br />Lender's security would be Iessened, the Miscellaneous Proceeds shaIi be applied to the sums secured by this S�urity
<br />Instivm�ent, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellanwvs Proc�ds shall
<br />be applied in the order provifled for in Section 2.
<br />In the event of a total �taldng, destxuetion, or loss in value of the Property, the Miscellaneous Proceeds shaIl be
<br />applied to the sums secured by this Security Instrumern, wbether or noi then due, with the excess, if any, paid to
<br />Borrower.
<br />Tn. the event of a partial taking, destruction, or ioss in vaIue of the Proparty in which the fair market value of
<br />the Froperty immediately before the partial ta.IQng, destrucrion, or loss in value is equal to or greater than the amourn
<br />NEBRASKA—Single Family—Fannie Mae/Freddte Mac UNIFORM INSTRUMENT - MERS p�s�z
<br />Form 3028 1l01 Page 6 of 1 t W �, y �,�,� 8g ��,�
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