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201200927 continue to pay to Lender the amount of the separately designat�payments tha[ were due when[he insurance coverage ceascd to be in effect. Lender will accept, use and retain these payments as a non-refunciable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwiffistanding the fact that the Loan is ultimately paid in full, and Lender shall no[be requimd[o pay Borrower any interest or eamings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Iasurance coverage(in the amount and for the period that Lender requires)provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires sepazately designated payments towazd the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condi[ion of making the Loan and Boirower was required to make separately designated paymen[s towazd the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maimain Mongage Insurance in effut, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until ternunation is required by Applicable L.aw. Nothing in this Section 10 aFfects Bormwer's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender(or any entity that purchases the Note)for certain losses it may inwr if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Iasurance. Mortgage insurers evalua[e their total risk on all such insurance in force from time to time, and may enter into agreements wiih other pazties that share or modify[heir risk, or reduce losses. These agreements aze on terms and conditions[hat aze satisfactory to the mortgage insurer and the other party (or parties)to these agreements. These agreemerns may require the mortgage insurer to make payments using any source of funds that rhe mortgagc insurer may have available(which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entiry, or any affiliate of any of the foregoing, may receive(directly or indirectly)amounts that derive from (or might be characterized as)a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying rhe mortgage insurer's risk, or reducing losses. If such agreement provides that an afFiliate of Lender[akes a share of the insurer's risk in exchange for a share of the premiwns paid to[he insurer, the arrangement is ofren termed "captive reinsurazice." Further: (a) Any such agrcemenfs will not affect the amounfs that Borrower Las a�eed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe For Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the righfs Borrower has-if any-with respect to the Mor[gage Insurance under the Homeowners Protection Ac[of 1998 or any other law. These rights may include thc right to r�eive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminat�i automatirally, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at t6e time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are herehy assigned to and shall be paid to L.ender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoraqon or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right[o hold such Miscellaneous Proceeds un[il Lender has had an opportuniry to inspec[ such Property to ensure the work has bcen completed to Lender's NEBRASKA-Sngle Famdy-Fanme MaclFrentlie Mac UNIFOqM INSTRUMENT Form 3028 irl]1 VMP N VMPB(NE)111�51.00 Walters KLiwer Fhinciai Selv¢es Pd9e 9 ot i)