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201201013 conanue to pay to Lender the amount of the separately desi�ated payments that were due when the insurance cnverage ceased t�he in efFect. T,ender w-ill accept, iise 2nd reTain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwi�,tanding the fact that the Loau is ultimately paid in full, and Lender shall not be requzied m pay Borrower any interesf or eaznings on 8uch loss reseme. Lender can no longer require loss reseroe payments if Mortgage Insurance cocerage(in the amount and for the period that Lznder requires)provided by an insure� selected by Lender ao in becrnnes available, is obTained, and Lender requizes Sepai'ately designated paymznts toward tfie premiiuns for h4ortgaee Insurance. If Lender required Mortgage Insurance as a conciirion of making the Loan and Borrower�ras xequued to make sepazately designatcd payments toward the premiums for 1Vlortgage Insurance, Bonower shall pay the premiums required to maintain 1Vloatgage Insurance in effect, or to provide a non-refundable loss zeserve, imtIl Lendcr's requirement for Mortgage Insurance ends in acc;ordance with any written a�eemznt between Bonower and Lender providing for snch tennination or witil t8rtnination is requiied by Applicable L,a�v. Nothing in this Section 10 affects Barrower's oblia tion to pay interast at the rate provided 'm the Note. Mort�age Insurance reunburses Lender(or any entity that purchases the Note) for certain losses it xnay incur if Borrower does not repay the Loan as a�ee3 Bonower is not a party to the_Nlortgage InsLUance. Mortgage insurers evaluate their Tota1 risk on a11 such insurance in force from time to time; and may enter into ag'eements with other pazties that shaze or modify theu risk, or reduce losses. These agrzements aze on terms and conditions that are sarisfactory to the mortgage insucer asld the other parry(or pazties)Yo these . a�eements. These agreeLnents may require the mortgage insurer to make payments using anv source of funds that Thc mort�age insurer may have available(which may include funds obtained from Mortgagc Insivance premiwns). as a result of these agreements, Lender, any purchaser of the Note, another insurzr, any reinsurer, any other enrity, or any a�liate of any of the foregoing, may receive(d'uectly or indirectly) amounts that derive from (ar might be chazacTerizad ae)a portion of Borrower's payments for Mortgage Insurauce, in exchange for charin� or modifying the mortgage insurer's risk, or reducin�loss�. If such agreement provides that an �liate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed"captive reinsurance," Further: (a) Any such agreements will.not affect the amounts tliat Sorrower has agreed to pay for 37ortgage Tnc�,rance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe£or Mortgage Insurance, and thep wt�l not entifle Borrower to any refund. (b) Any such agreemenYS wiil not affect the rigl�ts Sorrower has-if any-widli respecY to the Mortgage Insurance under the Homeowners Yrotection Act of 1998 or anp other law. 'Phese rights may inctude the righY to receive certain diselosures, to request xnd abtain cancella4ion of t3ae _Nlortgage Insw-anca, fi haoe the 1'Iortgage Insurance terminated anYOmatically� and/or to teceive a refiund of uny Mortgage Insurance preminms that were unearned at the time of such cencellation or termination. � 19. Assignment of M iscellaneaus Proceeds; Forfeiture. All Ntiscellaneous Proceeds aze hereby assigned to and shall be paid to Lciidcr. If the Propetry is damaged, such\�Iiscellaneoas Proeccd�shall Ue applied to restoration or repair of the . Property, if the restoration or repair is economically faasible and Lender's securiiy is not lessened. During such repair and restoration period Lendcr shall havz the right to hold such Miscellaneous Proceeds until Lender has had an opporiunity to inspect such Property to ensure tlie work has been completed to Lender's zaaoozao NE3RA$KA-Sinala Family-;-annie M aelFrBdtlie M ac 11NIFORM INSTRUM ENT FCrm 3428 1/01 VM P OO VM PB(N7(1105) YVOI[ers Kiur✓er Fnencial5ervices Page 9 M 1�