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2012020 continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or eamings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provid� by an insurer selected by Lender again b�omes available, is obtained, and Lender requires separately designatefl payments towazd the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Bonower was required to make sepazately designated payments to�vazd the premiums for Mortgage Insurance, Bonower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agr�ment between Bonower and Lender providing for such ternrination or until temunation is required by Applicable Law. Nothing in this Secrion 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses I.ender (or any entity that purchases the Note) for certain losses it may incur if Bonower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insusance in force from time to time, and may enter into agreements with other parties that shaze or modify their risk, or reduce losses. These agreements are on terms and conditions that aze satisfactory to the mortgage insurer and the other parly (or pazries) to these agr�ments. These agr�ments may require the mortgage insurer to make payments using any source of funds that the mortgage 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 entity, or any affiliate of any of the foregoing, may r�eive (dir�tly or indir�dy) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insuranc�, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agr�ment provides that an affiliate 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 that Borrower has agrced 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 agrcements will not affect the rights Borrower has - if any - with resp�t to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rlghts may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated sutomatically, and/or to re�eave a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellaHon or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Procceds aze hereby assigned to and shall be paid to Lender. If the Property is damagefl, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restorarion or repair is ec;onomically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to insp�t such Property to ensure the work has b�n completed to Lender's NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Farm 3028 1/07 VMP 0 VMP81NE) (710b) Wolters Kiuwer Flnancial Services Page 8 of 77