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201206�� payments toward the premiums for Mortgage Insurance, Bonower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alterna.te mortgage insurer selected by Lender. If substantially equivalent Mortgage Insura.nce coverage is not available, Borrower shall continue to pay to Lender the amount of the sepatately designated payments that were due when the insurance covera.ge cea.sed to be in effec� 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 ultima.tely 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 Lender again becomes available, is obYsined, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loa.n and Bonower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower sha.11 pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortga.ge Insutance ends in accordance with azry written agreement between Borrower and Lender providing for such termina.tion or until termination is required by Applicable Law. Nothing in this 5ection 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortga.ge Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not aparty 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 agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using atry 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 receive (directly or indirectly) amounts that derive from (or might be chasacterized as) a porhion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender ta.kes 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 agreed to pay for Mortgage Insnr�nce, or any other terms of the Loan. Snch �greements will not increase the amount Borrower will owe for Mortgage Insnrance, and they will not entitle Borrawer to any refund. (B) Any such agreements will not affect the rights Borrower h�s - if any - with respect to the Mortg�ge Insurance under the Homeowners Protection Act of 1998 or any other law These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, andJor HCFG-003b9 NEBRASKASingle Family-Fannfe Mae/Freddfa Mac UNIFORM INSTRUMENT Fortn 3028 7/01 VMP� 01/12 Wolters Kluwer Finerxiel Servicea 207208704.1.7.2336J20120129Y Pege 9 of 17 6•