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201201201 conCinue to pay ko I,ender thc amount of fhe sepaz•ately designatcd payments thet were dne whcn U�e insura�ice coverage ceeaed to be in effect, l,eilcler will accepC, use and rotain these payments es a non-refiuida�ble loss reaerve in lieu oP Mortgage Ineurance. Sueh lose reaerve sliall be nou-refund�ble, noCwithetandii�g tha fact that the Loan is ultimat�ely paid in full, and Lender shall vof be required to pa�y Borrower aziy intcrest or earnings on such loss reserve. Lcn�ie��can no longer require loas reserve paymenfs if Mortgage Inaurnnce covcrage(in the ainount and for the period that l,ender requires)provided l�y an insurer selectad by Lender again bewmos avail2ble, is obtained, nnd Lei�dcr requires saperately designnted paymeuts toward 11ie pramiums £or MorCgnge Insuranoe. If Lender required Moz Cgagv insuranoa as a condiCion of�nak3ng tho T.oaax and Borrower was requn�ed to malze sepaa�ataly designated payments toward tlie premiums fox MorCgage Insui�uice, Borrower shall pay khe preinimivs rcquired to maintun Mortgnge InsL�ranca in affect, or to provide a non-rc£undablc lose reserve,.nntil Lender'e requiremenC fa�Mortgage Insurance ends in accord�u�ce with any writteai agreement betwvecn Borrower and Lender providing�or stiich termination or nntil termination is rcqun•ed by Applicable Law. Nothing in this Section 10 affects Borrowar's oUligation W pay in[eresf ati fhc rate provided in tlie Note. Mortgege Inc��ranoe rein�hurscs Londer (or a�ty enlity that purchnsee Cha Note) for certain loeses it may incur iF Borrrower does not repay the Loan as agrced. Borrower is not a party to the Mortgage.lnsuranca. MorEgage insurera evaluate their Cotal risk on all euch instu•ance in force troin timc to tiine, and inay enYer iuto agreements witih other parties thnt share or inodify their risk, or reduce losees. Theso ngrcements are on terms 1nd oondirions tl�at are satisfaotory to the mortgage ins[u�cr auci the o�lier pu'ty(ar partiea) lo fhese agreements. These n�reemenls rnly i�cq�iire the mortgaga insurer to malce�ayincnts tuing any aouroe of fimds [bat flie mortgage instu•er itkly have�v�ilnble(whicb �i�ay include funds obtnined fron�Mortgage Insurance prcmi�nns). As a result of these agreements, Lender, eny pural�aser of the Note, another insurer, any reinsw�er, any other entity, or auy affiliate df airy of flie foregoing, n�ay receivo(d+reotly or indirectly) emoi4nCs that dcrivc frotn (or inighC l�e charactedzed as)a portion of Borrower's payinente Por Mortgage Insurance, iu exchange for sharin�or modifying the n�orCgage insurer's riek, or reducing losses. If such agrccment provides Ch�E au affili,ate of Leiider takas n share of the ansurer's rielc in excliEmge for a shnre o£the pxemiums pai$tt�flte insurer, Ehc ttrrang�ment is often tenned"cAptive reinsuranoe." Furthcr: (a) Auy snch agreemeuls will not affecf klie nmwmts tJ�at Borrower has agreed to pay for Mortgnge v�snranec, m•any other terms of ll�e Loan. �uch ngreemente will noE increasa Che amopnt Borrawer will owe for Mm�tgagc Inenra��ce, and they will not e�ititlo Bor�rower to any ret`and. (b) Any such agreemenCs will nnt affect the ri�hts Rorrower l�sis-if any- with respoct fo the Nlortgage Inam•:uice�mder tlic Houicowners PeoCection Act o1'1998 or any otlier I�w. 'I'l�ese righks may include tlie righE to receive wrts�in disclosures, to rerynesC .uid obtxin cnnecllaYiou of tlie Ndortgage Iaiem�flnce, Co h�ve Che iVJortgage v�siu•aucc termivated aatumTilcally, and/m� Co rcecive a re1'�uid uf any Mortgage Inam•mice piremiiwie th�t were unenrned at Ylie time of siicl� cancellatlon or tea�nunaitiun. 11. Assic�nment of M isaellaneous Proaeeds; Forfeiture. All Misoc1laneous Proceeds ere he�•ehy aasigied ta and shzll be pnid to Lende��. If the Property is ciain�ged, such Mis�ellaneous Proeeecla shall be appliecl to restoration or re�nir af tihe Property, if tlie restoration or repair is ecouomically feasible and Lendex's security is not lessened. Dm�hig sLich reliair and restioration period, Lender shall l�avc the riglrt to hold such MiscelluieoLU Proceeds mrtil Lci2dor has hud an opportttnity tio inspect suoh Pmperly Co ensure the work has been con7pleted ta Lci�de�'s 24000323 NEBRASKA-Single Famlly-Fannle M aelFredtlle Mac IlNlf-ORM INSTRUM FNT Form 3018 1!o 1 VM P� VM PA(NEJ(7106) Wolters Kluwer Financial Serviees P�ge 9 of 17