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�I�� �fP' i4�L �:"eo-tui"o�! <br />�r�uru�v �� oif°��� <br />0� fhe u�n*�€ir;;i,;s�.,rJ {"aQi,Ccr uF ��nf:�is ef fimle <br />�I�fiay, r,bb� ��°&t��, z�c i rr�sp r ri ,� �"��?ar °1��� i^ r <br />tta�a cfll`Y nt S� � ��wc�� �I �?S� �i� ^ nre�„��.k ��,'i�o ep�,;�� <br />6���sr� m� r�c��tl L� a(io �Sif�;d�. <br />I� witnos5 ti^,�h��e��° 9 h.€s��� I�€���s�',� ;�� �g h�r,4 <br />�rtd ��4lur�l my affi�iG,l s�„�1 ti�i� �'�.�„-._. d�y of <br />�USY ^0 i_. ,._ <br />Reqlster o4 DeedS of' 1�4�nCy, ebras�ua� <br />_ --_. �1����������� <br />209.207554 <br />�v�.loss�s5 <br />payments that were due when the insurance coverage ceased to be in effect. Lettder will accept, use aad <br />tetain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve <br />shall be non-refundable, notwithstanding the fact that the L�n is ultinnately paid in full, and Lender shaU <br />not be required to pay Borrower any intetest or eamings on such loss reserve. Lender can no longer <br />requite loss neserve paymenis if Mortgage Insurance coverage (in tt►e amount and for the period that <br />Lender requires) provided by an insurer setected by Lender again becomes available, is obtained, aad <br />Lender requires separately designated gayments toward the premiums for Mortgage Insurance. If Lender <br />required Mortgage Insurance as a condition of making the Loan and Borrower was required to make <br />separately designated payments toward the premiums for Mortgage Insurance, Borrower shaU pay the <br />premiums required to maintain Mortgage Insurance in effect, or to provide a noa-refundable loss reserve, <br />uniiC Lender's requirement far Mortgage Insurance ends in accordance with any written agreement between <br />Borrower and Lender providing for such termination or until termimation is required by Applic�ble Law <br />Nothing in this Section 10 ai�ec� Borrower's obligation to pay int�rest at the rate provided in the Note. <br />Mortgage Tnsurance reimbwses Lender (or any entity that purchases the Note) for certain losses it may <br />incur if Borrower does not repay the Loan as agrced. Bornower is not a pariy to the Mortgage inswance. <br />Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter <br />into agreemenffi with other parties that share or modify their risk, or reduce losses. These agreements are <br />on terrns and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to <br />these agreements. These agreemenCs may require the mortgage insurer to make paymenis using any <br />source of funds that the mortgage insurer may have available (which may include funds obtained from <br />Mortgage inswance premiums). <br />As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any <br />other entity, or any affiliate of aay of the foregoing, may receive (directly or indirectly) amounts that <br />derive from (or might be chatactetized as) a portion of Bortower's gayments for Mortgage Insuraace, in <br />exchange for shacing or modifying the mortgage insurer's risk, or reducing losses. If such agree�ment <br />provides that an affiliate of Lender tak� a shaze of the insurer's risk in e�cchange for a share of the <br />premiums paid to the insurer, the anangement is often termed "c�ptive reinsurance." Fnrther: <br />(A) Any snch agreements wIll not affect ti�e amonnts that Borrower has agr�d to pay for <br />• Mortgage Insarance, or any other terms of the Lo�n. Sach agreements will not increase the <br />amount Borrower wiIl owe for Mortgage Insnrance, and they wlll not entitle Borrower to any <br />refand. <br />(B) A� sach agreements wiII not aH'ect the rights Borrower has -�tf any - with respect to tbe <br />Mortgage insurance nnder the ftomeowners Prot�tion Act of 1998 or any other law These <br />rlghts may include the rlght to receive certain disclosares, to request and obtain cancellallon <br />of ti�e Mortgage Insnrance, to 6ave the Mortgage Insarance termfnated aatomaticaUy, and/or <br />to receive a refqnd of any Mortgage Insurance preminms that were nnearned at the time of <br />snch cancelIation or termfnation. <br />11. Assignment of M[scellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby <br />assigned to and shall be paid to Lender. <br />/� ,� <br />N�RASW1SIngte FwNy-Fmmle M�JFredme Il�ao UNIFOf3AA IN9TRU[�Nf (/�h' Fomf 90281FD'1 <br />VMP'� <br />,L.J �MQ <br />Woftere IQuwar Flnndel Smvtces 2U110B084.OAA.4D02.120101�3Y INHaIQ P�s 8 af 17 <br />