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201206276 ,�nCinue to pay tn Leuder tl�e unount ot'tlie separafely daslgnaCed payments that were due when Che ineurauce coverage ceased to be ii1 eff'ect. Lcnder will aecept, use and reta�n these paymenCs aS a oon-refundaUle loss reserve i�i licu oP i�lorfgage insm'ance. Such loss resei�ve shall be non-refundable, notwithstanding the fac� Ghal lhe].oan is ulrimately paid in full, and Lender shall not be reqnired to pary Borrower any interest or earnings nit sucl�loss reseive. Lencicr can no longer require loss eeseive paymenCs if Mortgage Insurance eover2ge (in the auiaunt and Por lhe period that Lender requu�es) �rovided by an insurer seleeced Uy Lender agaiii becomcs available, is obtaii�ed, and Leildar requires separately design�ted payments toward the premiunis Por Mortgage Insurance. If Lender requircd Mortgage Insurance as a condition oP making the I.oan and 8orrower was required to make separately designated payments toward fhe premiurns for Mortgage Insm�ance, Borrower sha�ll pay Che premiums required to mainWin Mortgage I»surance in effect, or to provi�te a non-tefundable loss reserve, unYil L�:ndcr's requiremen[for Mortgage Insurance ends in accordance with any wrieten 2greement betwcen Borrower and Lender providing Yor such IcrminaCion or until lermination is requlred by Al�l�licablc Law. Nothing in Chis Section 10 aYYecCs Rorrower's obtigatioi�to pay interest �t the rate provided in the Note. MorCgage Insurance reimburses Lender (or uny eutity that purchases Clie Note) for cert�tin losses il may incur If Borrower does i�ot repay tl�e Loen as agrecd. Borro�ver is not a parYy to the Mortgage Insurance. Mortgage insurers evahiate tlieir total rislc on all such insurance in Porce finm time to tim�, and may enter iuto agreements wiYh othei parties that share or modiFy fheir risk, or reduce losses. Thcsc agreemenCs are on Yerms a��d conditions that tire satisYactory to [he mortg�age iusurer and the other parly (or parCies) to fhese agreements. These agreements niay raquire the moreg2�e iusurer to make payments using any source of funds that tlie naortgage ii�isurer niay have avaifat�fe(which may include funds obtained from Mortgage Insurance prcmiums). As ��result of tliese xgrecn�cncs, Iznder, auy purehaser of the Note, anofher insurer, any reinsurer, any othor ent3ty, or any aPfi13a6e oP any of the foregoing, may receive (direcCly�or indirectly) amounCs that derive from (or might be eharacterized 2s) a portion of Borrower's payntents for Mortgage Tvsurluce, in exchanga For shariug or modifying tlie mortgt�ge iiisurcr's ris[c, ar reducing losses. If such agreement provides that a�t affilinte of Lender takes a sharc o�P the insurer's cisk in excl�ange for a share of the premiums paid Co the insurec, thc arrangemenf is often Cermed "oaptive reinsurance." NurCher; (a) An,q snch agreenienYs will not afYect thc aniouuts thad I3orrower lias agreed to pny Pur Mortgage I��sur�nce; or any otl�er tcrms of'the Lutm. Sncl� agreemeuYs will uot iucrease the amount Borrowcr will o�ve for Mortgaige Insimaitce, and tliey w911 not entitle Burrower to any reftmd. (b) Any such agreemeuts w11I not affect the riglil,y i3or�rower has - tY any - wiCh respecf to the Mortgage Insurvmc undcr the Homeo�vuers I'rotection Act oY 1998 or any other law. These rights may include tl�e ri�;l�t to receive cerCain disclosttres, Co request tmd obCain cancellaCion of the Mortgage 7nsiirance, to have tl�e�Mortgagc Insurauce fermina6r�1 automaYically, andlor to receive a refund of any Mm�tgagc Insiu��nee pcemituns C1�aC were unearned at tlie time of such caucellation or tcrmination. 11, Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. if the Vroperty is damaged, such Miscella»eous Proceeds sqalf be lpplied to restortttio�i or repair oPthe Ptnperty, if tl�e restoradon or repair ls economically feasible and Lender's security is noC lessened, Durirtg sucli repair and restoration peciod, L.endec shall liave the iigl�t to hold sucli Miscellaneous Proceeds until Lender l�ae had an opportunif.y to inspect such Property to ensure the work has been completed to Le�ader's � ---- zaoo�eoz NF9RASKA-Singlo Pomily��f-annio Mue;Froddie Mac ONIFOIiM INSTRUMENT Fofm 3028 1101 VINP� VMP6�NE)111061 WuRere Rluwar Financinl 3ervlces Peye H of 19