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201207894 coutinue to pay to Lendar the amount oF the separately designated payncnts that were due whe�i the ineurancc coverage ceased to be in ef'Lect. Lender will accept, nse�nd retain Chese paymcti�ts as a non-refimciable lose reservG in licu of Mortgage Insuraaioe. Such lass reserve eh�ll be non-refundable, notwithatandi�ig the f2et fhat� L9ie I,oan iF idfiinately paid i» fiill, and I,ender s1�a11 not be required to pay Rotcower tuiy interesf or earnings on suoh loss r€serve. Lender can no longcr roquirc loss reseive payments if A+Iortgage Insuranoe co�erage (in the amamit aud i'or the period that Lendex requires)�rovided by an insurer selected by Lender again bccoincs av�ilal�le, is obtvned, and Lender requiras separatoly deaignateci payinents toward the premiums for Mortgage Insuranoe. If Lender rec��iired Martgage lnsw auce as a condition of n��ldug the Loui and Borrower wns required to make seperately designated papments towarii tl�o prenmiuinE fc�r Mortgago IneLirance, Rortower sha11 pay the preiniums required to maintain Mortgnge Hisurauoe in efFact, or to provide a non-re�Fundzhle loas reserve, im�il Lendcr's rcquire�nent for Mortgage Insurauce ends in accordanae with aaiy written agreement betweeu Boxxower and Lerrcier providivg for such tcrmination or Li1rti1 termination ie required Uy Appliaabla L�w. Nothing in this Section 10 affeccs Borrower's obligation to pay intetest at t1�e rate provided in fhe Note. Mortgage]nsarance eeimULirses Lender (or any entity that purchases the Note) for certain losses it may incur if Boirower does not repay Lhe Loan as agrced, Borrowor is not a party to tlie Mortgage Insurance. Mortgage insurers evalwate their 4ota1 risk on all euah insurancc in foroe from ti�ne to time, and may eviter into agreemenYs with other perties Hi�t ahatre ox modify iheir riak, or reduce loFaes. These agxeoments aro on terms and conditions that are satisfactoxy to the ivartgage ineurer and the other party(or pflrties)to H1ese agreoments. 'I'huse agrooinents may reqtiiiro the inottgage iusurer to malce payments using uiy souroe af fiuids thAt[he mottgnge insurer inay liaue available (�Ahich may includc funds obtatned from Mort�;age]neur�ce premiums). As a result of these agYeen2enCs, Lender, anq purchaser of the Note, �notl2cr insurcr, any reiusuror, at�y othe� entity, or any affiliate of nny of the foregoing, mAy receive(directly or indireotly) �noLmts tha[derive from (or might Ue characterized�s) a portion of Borrower's paynleuts for 1VIortgage Insurance, in exchauge for sharing ox rnodifying the mortgage insurer's rislc, or reducing loeses. IF sucl� abrccmc�rt provides that vi aftiliate oi'Lender talces a shara of tlle ineurer'e riek in exchznge for a sh�u•e of the premimns paid to the ineurer, the arrangcn�ent is ofte�� te�•med "capfive reinsuranee." BurUier: (a) 1�ny suclt ngreeme�tCs will noC nffecC ttie a�nom�Cs CI�TC Iiorrower has agreed to pxy for Ma�tg:�ge Insm�aucq nr any oCl�er terms of the Lonn. Snch agreemenls will noc increase Cho amonnC Barrrowcr will owe for Mortgngc Insnraucq nnd they will not entitle Borrower to nuy refm�d. (b) Any sach agrcoments will not affect tlie rights Borrower Lae -if auy-wiCh respecC to Che Mortgnge Insnrance imder Uic IIomcowncrs Protection Act of 1998 or�uy other la�v. These rights may inclnde Che right fo receive certain di�closureS, to reqne6t z�nd obtniu canccllation of tlte Mortgnge Insin•ance, Co liave the Mortgage visnrance tee�uinafecl antomaticnlly, and/or tu receive a reflmd of any Mm•tgage Inenrnncc pre�niama tl�at wcrc nnenrned xt the time of sncli cancellalion or Cermination, 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscell2neous Proceeds u�ehereby assigned to fuid ehn(1 Ue paiii to Leuder. If thaProperCy is dvnaged, such Miscollaneous Yrocccds s]�all bo applied to restorationor repair oFfilie Property, if the xesEoration or re�air is economieally feasible and Lenctcr's security is uot lesseued, During such repair aiid restorztion period, Lender shall hnve the right to hold such Miscellaneous Prooeede unti] Lencicr has had an opportunity to inspect snoh Propetty to ensure tha work hzs been conipletecl to Lendet°s znoazziz N6RRASKA-Sin91e Fam Ily-Fennle M ae7fretldle M ec UN IFORfd INSlRUA7 ENT Porm 3020 ll01 VM P� VM Po{NE)(11061 Wollars IquwarAnanJlal6evlees Pege e of 19