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201206538 continue to pay to Lender[he amount of the separately designated payments that were due when the insurance coverage ceased to be in eff�t. Lender will accept, use and retain[hese payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reseroe shall be non-refundable, notwithstanding the fact that the Loan is ultimazety paid in full, and Lender shall not be required to pay Borrower any interest or earnings 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)provided by an insurer selected by Ixnder again becomes available, is obtained, and L,ender requires separately designated payments roward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of ma�dng the Loan and Bonower was required ro make separazely designated payments towazd the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refiuidable bss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement be[ween Borrower and Lender providing for such termination or until terrnination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided ia the Note. Mongage Insurance reimburses Lender(or any entity that purcl�ases the Note) for certain losses it may incur if Borrower dces not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreemerns aze on terms and conditions that are satisfactory to the mortgage insurer and the o[her pazry (or parties)to tLese agreemen[s. These agreements 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 reiasurer, any other entity, or any affiliate of any of We foregoing, may r�eive(d'uectly or indirectly)amounts that derive from (or might be characterized as)a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage iasurer's risk, or reducing losses. If such agreement provides tLat an affiliate of Lender takes a share of the insurer's risk in excLange for a share of the premiums paid to the insurer, the artangement is ofren termed "captive reinsurance." Fur[her: (a) Any such agreements will not affect the amouots tLat Borrower Les agreed to pay for Mortgage Insnrance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will awe for Mortgage Insurance,and they will not entitle Borrower to any reFmd. (b) Any such agreemenfs will not affect the rights Borrower has-if any-with resped to the Mar[gage Insurance under the Hom�wners Prot�on Act of 1998 or any otha law, These rights may include the right to r�eive certain disclosures,to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage lnsurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such pucellation or terminarion. 17. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Procceds are hereby assigne�to and shall be paid to I.ender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair'is economically feasi6le and L.ender'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 inspect such Property to ensure the work has been completed to L.ender's NEBRASKA-Single Family�Fannie MaelFretldie Mac UNIFOPM INSTqUMENT yMp p Form 3D28 1/01 VMP61NE1 11105).00 W oltars Kluwer Financial$ervices Pago 9 of 1]