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201206312 continue to pay to Lender the aznounY of the sepnnntely designatcd payments that were dne when the inFuranc;c wverage ceayed to Ue in e4fect. Lender�=rill accept, use and retarn these payineiats as a non-refnndable loss rescrvc in lieu of Mortgage Instu'auca. Such loss reserve shall bc non-i�efiuidable, notwithstnndiag the fact th1C the Lo�n ie ultimatoly paid in ftiill, and Lender ehtill not be reqiured to pay Borrower any iuterest or eazninga on euch loss reserve. Lendcr cait no ]otiger i�equire loss reaerve payme�it;g iPMortgage InsLira�ce coveraga(in the aanount and for the period [l�at I,endcr requires)provided by an insurer seleoted Uy Le�idcr again Uccomes available, is obtained, and Lender requires scparatcty designated p[t}nnents toward the premiuins for MorCgage Insivance. If Lender required Mortgage Insw•[�nce as a condition of inaking Uie Loan axid Borrower was requixed to make separatcly designated payments toward the prenuums For Mortgabe[�Lsurance, Borirower shall pay the premiuma required to maintain Mortgage Insuranoe in ePPect, or to providc a non-refmidaUle loss reserve, until L ender'a requirement for Mortgage lnsura�ice euds in accordance with any written ngreement be�ween Borrower and LenBer providing for such termination ox until tennivatiou ie required hy Applic�ble I,aw. Nolhit�g in this Section 10 atf'ects Borrower's obligation to pay intarest at the rate provided in the Note. Mortgage Insuranca reiu�bm'sas Laudar (or any entity that purchases [he Noke)for ccrCain los.ses iC may inoLu' if Borrower ciocs not re��ay N�e Loan as a6n-eed. T�orrower is noti a pza•ty to the Moxtgage�Insurzncc. Morfgage insurccs evaltitate tlteir total rislc on atl suoh insurance in force fi•om Lime to Citue, nncl n�ay�cntcr into ageements with other parfies Lhat share or inodify their risk, or reduce losses. These agreementa nre on tatms and conditions that Are saYisPactory to the 1nortga�e inenrer ancl the ollicr party(or p�trtiee)to Uiese agrcc�no�its.'fhese agreeinents may require the mortigage insm�ar to innite paymenCs using any source of funds that fhe morCgagc insurer may havc available(which may include funds obYained from Mortgage Insaranco �remiiuns). As a resull of thesc agrccmcnts, Lcndcr, any purchaser of the Note, aziotiher insurer, any rein.stver, avy other antity, or any affiliate of any o�f fhe focegoing, may rcceivc(dircctly or nidirecCly) ainomrts that derive from (or might be characterized as) a poction of Barrower's payments Eor Moregage Instuance, tn excl�ange f'or sharing or mad'rfyittg the mortgabe insm'er's risk, or reclucing lasses. If such ngreement proaides that ai� affiliate of Lender tiakes a ahare oP Che iusurer's risk in exchangc Por ��hara of Cha preitvuma paid to fhe insurar, th�arran�einent is often terined°eaptive reinsurenoe." I'urlher: (a) Any such agreeinents will nut:�ffuct the t�mo�uits tlint Borrower lias agreed (�n pay for Mortgage Ineurance, nr any oCher#erms of the Loan. Such agreeinents n�ll not increase the aruoanl Borrower will owe for MorCgnge Inaurauce, ax�d fhey will not entitle Borrowcr to any refand. (b) Any 9uch agreements wlll not affect the rights Borrower has-if any-witli respecL� tn Che Mort�nge Hisiu��nce nncler tlie Hoineownerfi ProCeetion Act uf 19)8 or any other law. These righls mxy inclndc the right to rceeive cortain disclosures, to reqnesC and obt�in�csncell;�tion of tho NIarCgnge Insur:mce, to hxve the Mortg�ige Insnranco twntivated antmuaticallq, and/or to ceceive a refnnd of nny llortgage Insm•ance premintns fha{were nne:uned s�l tlic time of'encl� cancellatimi or terminntion. 17. Assignment of M iscellaneous Proceeds; ForFeiture. All Miscellaneous Procceds are hereUy assigned to ai�ic�ahall bo pe�id to Lender. IP til�c ProperEy ie daanaged, such Miscellaneous Proceuls shflll be apglied ln resUorafion or repair of tihe Proper(y, if tihc restoration a�repair is economically feasible and Lender's seonrity ie not]csscned. Duriug such repair 2nd restoraCion period, L�,n�dor sl�all have tho rig1rt to hold such Miecellaneous Prooeeds until Lendex hes had �n opportunity to inspect such Proper6y uo ensuro the work h�ts been crnnpleted to Lendex's 24007665 NEBF243KH-bingle Famlly-Fennle MaelFreddie Mac 11NIFORM INSTRUMENT Fo�m 3028�101 �M P O^ Vbl P6�NE)(11061 Wollers Kluwer Flnenclel Servlcas Page 9 0!17