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201207417 conlimie fo�ny fo Lendcr the ui��ount of thc scparaColy desi�nated payinante�that wara due when the insurance coaerege ceased to be in effect. Lender will acoept, use at�d ret2in these payments as a nc�n-refundaUle loss reseive in lieu of'Mortgage Insurance. Such loss reseroe sha(1 be nov-rofundablc, notwithstanding thc fact tl�at$�c Loan is ulfimntely paid in fitll, and Lendsr shall not be required to pay Borrower auy uiterest or e�rnuig� on such loss reserve. Londcr c;an no louger require loss reserve paymeiits if Mortgage Ineurance cover�ge(in the nmouut aud for tkie period chaC Lendor rcc�tiiees)prodrded by aAi insL�rer salected Uy Lender again becomas available, is obtained, avd Lender requires Feparataly dcsignatcd payu�ants toward the premium.s for Mortgage Insmance. Pf Landar required Mortgage Insurt�nee as a condi6ion of maldng tUc l.oan and Borrowcr was requircd to malce separaCely designaked�ayments toward Ylie 13remiun�s for Martgflge H�sucenee, Bon•ower shall pay the premiuuis rcquircd to tnaintain Mortgage Tnsw�ance in effect, or to provide a�ioirrefuudaUle loss reserve, �.uitil Lendez°s requiremen6 fur MorCgzige Insarance ende in 2ccordance wikh any wriCttm agre�ment botwcoi�Borro�ver and l�ender provicling for such tern�inaHon or until ternunation is required by Appliceble Law. Nothing in thi� Sectioii t0 aPfects Borrower's.obligation to pag interes4'af the iate�providad in the Note. Mortgage Insurnnce reimburses Lender(or zny entity thaY purchnses the Note) for certain]osses it may inciu if Borxower does not repay the Loan as agreed. Borrower is not a paaty to the MorYgaga Insurance. Mortgage insurere �valuaYe their toYal riek ari a11 auch insurence in force fron� lime lo time, and may enter into a�;reemeuts wilh otlier parties that shaze or modify their risk, or reduce losses. These agreements are on tcrme and conclitionn that are satiafactoiy to thc mortgage insuro��aild the othee party (or parties) to these ¢greements. These agreements may reqtiire the niortgage insurer Lo make paymcnts us�iug ttny so�irco of funds that tlie mortga�e inswer may have avvlable(wluch may include&mds obtained firom Mort�age It�surance pro�niums). As a resu1t of these agreementr�, l.ender, any pnrchaaer of the Note, aaioUier insm'er, any reiusurer, any otlier entity, or nny affililCe oP any oP Che foregoing, may receive(directly or indirectly) �motiwts Hiat derive frorn (or might be chnratcterizefl as) a porHon of Barrower'a payinen[s for Morigage Ineurance, in excl�ange:Cor ehariug or modifying the mortgage Insurar's risk, or reducing loases. IP euch agrearnent provides th�t an aPfiliate of Lnndcr talms a el�ar�e of thc insw u�'s iislc in excliaaige for a ahara o4'the premitune paid to the ineurer, the nrrangement is ofte�i termed"oapt�ive ceinsucance." b'urthee: (a) Auy suali ngrccmente will not affest tlic amom�ts tliat Bm�rower has agweed Co pny for Morlgage lnsnr.mce, nr any otl�er terms of tlie d,oan. Such ap,reements will noC incrcasc tlie amomit Borrower n�ll owe fm�Mortgage Insnrance, and tLey wi11 not entitle.Roa•ruwer to nny refm�d. (b) Any ench agreements will not afPecC GLe riglds Bon•ower hns- if xi�y-with respecC to tlio Mortgage Inenrance m�dm� tlie IIomeownere Protectton e4ct of 1998 m•any otlier law. 9'hese i�ghts nv�y inchide tlie rig1�C to rcecivo certniu dieclosnres, ta roqnest and obtaui cuncellaLim� of Che Nlorkgage]nam•ance, to have tlie Murtgxge Insnr:u�ce teri�unnt�ed antoma(ically, nnd/or to receive � � a refmtd of a�ty Mm�Cgngo Insnrance preiniwns W�aC were nnearned at Hie time of snch canccllation or tcrmination. 71. Assignment of M iscellaneous Proceeds; Forfeiture. All Miscellancc�us Proceeds are hereUy assigned to and shal]Ue yaid to I,ender. ],f the Froperty is daanaged, such Miscellaneous Proceeds shal(Ue epplied to restoration or rcpair of the Properly, iP the restoration or repair i� econon�ically feasible aud Lender's security is not lessene<L Dnring � such xepau� and restoration period, Lender ehall l�ave 11�c right ta hold such Miscellaneous Proceeds until Lender has had an opporhmity W inspecC s�ich Property to ensure tl�o wc�rk has been conrpleted to Lender's znaozass NEBRASKFl-Slhglo Femfly-F9nnle MaelFfoUtlle M ac ONIFORM INbTRUM ENT GorYn 3�26 1101 VMP(n� �VM Pfi(NF)(11051 Wolters Kluwer Flnanclsl Services Pnpe�J:of 17