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201200930 continuc to pay to l.ender Uie tunouut of the sepaxately designatccl paymeuts tl�ati were due whet�the insurauce coverage censed Tc�be i» cffeet. 'I,ender will accept, use and re4ain thosc payments as a. non-ref'undabla loas reserve in lieu of Morhgage Insuranee. Snch loss t'eserve sh�ll be non-rcfundaUle, i7ntwitl�ntanding the fact that the Loau is ultirnately paid in full, and l.auder shall not be required t'o pay Boxrowex any uiCeraet or enrniugs on such loss reseive. Lender enn no longct reqnire loss reserve p�yments if Mortgage Insurance ooverage(in tho amount and for the period that Lender rcquires)provided by au instuer seleoYed by Lender�gain beoomes availablo, in obtained, and Lender requires sepaiafely desi�iated payinents toward Uie premiums fox Mortgage b�surance. if Lender required Mortgage In��n<lnco an a condition of mal<ing Uia Loazi'aud Borrower wns required to ma1�e separately designated pnymen[�Cowarcl the premimns Por MprYgage hisurance, Boiaowar shall pay the preiniums required to maintain Mortgage insw�auce iu effect, or to provide Ei noii-refiindaUln loss reserve,witil I,ender's reyuiren�ient for Mortgt�ge Insurance cnds iii aceordauce with any wriYten agreement� belweau Bo�7�ower and Lender p�oviding for �uch terminarion ox until fe��mination ]s rcgizired by Applicable La�w. Nothing in thid Sccriou 10�ffects Borrower's obligation to pay mterest aC Che iaLO provrded in Uie Note. Mortgage Insnr�nce reimbm;ses�Lender (or aitiy��Lity t1�at purchases the Note) Cor cerCain lossoa if may incur if Borrowar doas noC repay the Loan as ngread. Borrower is not a party to the Mortgage Insurenoe. Mortgage ins�irera evaluaCe their total risk on all such insti�rance in f'orce fl•om time to time, �nd��iay enter into agreements with other parties thet share or modify tl�cir risk, or reduce losses. Th€se a��ee�nen�s are oir terms and conditions that aaa satiafaotory to the mor[gage ineure��and tl�e othar party(or parties)to Yhese agrecn�ei�TS. 'Phose agreements may require Yha mortgage insurer llo mako payments Lising any source of funds thttt the u�or[gage insurcr m�y have avai1able(whiclx may iuclude fimds oht�2ined from MorCgago'fnsurance prexnimns). As a xestalt of these�greements, Lender, any purchaaer of the N�Ee, auother iusurer, auy reineurex, any other entity, or auy afflliate oP auy o£tlia foregoing, m�y receive(direcCly or indirect1y) amoUnts Uiat derive froin (ox wight be charactorizcd as) a portion of Rorrower's payinents fqr Moxtgage Hisurance, in exchwnge for sharnig or modifying the morCgage insuror's risk, or reducing losses. If such agreemeut provides Chak an affiliate oF Lender takes a share o£the insurer's risk fu exol�ange fnr a shara of tlia premiums paid to the inetn ar, the acrEmgsment is of'ten termed "ceptive reivauranoe.° Fm�tl�cr: (a) Auy sach agreements wi11 not �iffect thc amounts thnt Borrower I�ne agreed Io pay fur NIurtgage Insurflncej or nny oCl�er Cerms of the I,oxn. Snoli agi�ee�ncnts will uot incroase H�e amom�t Barrower will owo fm�Mortgnge Insnrance, and fhey will nut entitle Bor�rowor to any rePan[L tb) Any sach ngrcoraeuts wfll not z�Ffect the itights Borenwer has-if'any-with rospoet Co tlie Mm•tgx�;e Jnsurance m�der the Homcowucrs PratacHon Act of 1998 or an� otl�er law, Tliese rights may Incli�de the rigltC to receive cerfain disclusm•es, to reqtiost and o6tain caucellaLim� nf the � Mort�agc Ivam�nuc�, to l�ave tlie Martgage InKarance termiurted antanatically, and/or to receive a refmid of nuy Mortgngo Iusnranee prem9mns thaC wero mie:u•ned at the time oP s�mh cancellatlort ur ter�uination. 1 1. Assignment of M iscellaneous Proceeds; Forfeiture. All Miscclla„eous Proceeds are hereby assigned to atid sliall Ue paid t�T,ender. If thc Property is daaiiaged, such Miscellaueous Proeeeds sla�ll 6e applied to rastoration or repair of tha Propexty, i�f Che restoraHon or rcpa�r is economically feasibla and Lander's seourity ia noC lessonod. lltuiu�; euch reyur and resYoration period, Lender shall have the right to hold such Miscellaxiaous Proceeda uniil Leuder l�as hud azi opportmiity to inapect such Property W ensure fhe work l�as Ueen completed to Lender's xnaaaxie NEeRASKA-Single Gemlly-Fa�nie MaelPretltlie Mac UNIFORM MSTRUMERT Fofm 3020 17�t V M P� VM P6(N E)(11051 W olters Kluw er Flnanclel Sarvices Paqe 9 a��y