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20�20�04� <br />Auy► aumunts disbursed by Lender undar thia Saction 9 shall becoma �ditianal debt of Borrower sec�ued by <br />this Sec�ttity ins�t. These a�omount� shall bear interest at the Nota rate &om the date of diabursement <br />and sball be payable, with such interest, upcm notice from Lender to Boirower requesting payment <br />If this Sec�uity Instr�nt is on a leasehold, Borrower shall comply with all tha proviaions of tha leasa. ff <br />Borrower acquires fee title to the Property, the leasehold and the f� title shall not merge unless Lender <br />agrees to tha �rger in writing. <br />10. Mortgage Insurance. If Lend� required Mortgage Ina�u�ance as a condition of making the Loan, Borrower <br />ahall pay tha pramiums required to maintain the Mortgaga In.4urance in affect. I� for any reason, the <br />Mortgage Insia�aace coveraga required by Lender ce,as� to be available from the a�tgaga ins�tter that <br />previously provided such insurance and Borrower was required to make seP�lY ��� PaY�� <br />tovvard the premiwms for Maatgaga Insurance, Borrower shall pay tha premiums re�qwred to obtain coverage <br />substantially equivalent to tha Mortgaga Inaurance praviously in affect, at a cost substantially equivalent to <br />the cost to Bonower of the Mortgage �na�n�ance previously in effact, from an alternate �rtgaga insurer <br />selected by I.ender. If substantially equivalent Mortgage �nsuraace coverage is not available, Borrow� ahall <br />continue to pay to Lender the azr�ount of tha seParatelY d�ignated PaYment� that were due whea the <br />insinance coverage ceased to be in effect. Lender will accept, use and retain thase pay�nts as a <br />nan refundable loss reserve in lieu of Mortgage �nsurance. Such loss r�erve shall be non refimdable, <br />notwitbstanding tha fact that the Loan is ultimately paid in full, and Lender shall not ba required to pay <br />Borrower any interest or eainings un such loss reserva. Lenrler can no longer require loss reserva payments <br />if Mortgage Insurance coveraga (in the amount and for tha p�iod that Lend� requires) provided by an <br />insurer selected by Lender again becomes available, is obtained, and I,ender reqirires separately designated <br />Payments tovvazd the premiums for Mortgaga Insuranca. If L�d� raquirad Mortgaga �na�u�ance as a <br />condition of maldng the Loan and Borrower was requirad to make separately designated PaYmeats tovvard the <br />premiums for Mortgaga Insiasnce, Borrow� ahall pay the premiums required to maintain Martgage <br />Insuranca in effect, or to grovide a non-rafundable loss reserve, until I.end�'s requirement for Mortgage <br />Insuraace ands in accordance with any written agr�t between Bonower and Lender providing for such <br />termination or �mtil te�ination is required by Applicable Law. Nothing in t1�is Section 10 affecta <br />Borrower' a obligation to pay interest at the rate provided in the Note. <br />Mortgage Inaurance reimburses Lender (or �y entity that purchases tha Note) far certain losses it may inc�u <br />if Borrower does nat repay the Loan as agreed. Bouower ia not a pariy to the Mortgage Insuranca. <br />Mortgage insurers evaluale their total riak on all such insuranca in forca from ti� to time, and may � <br />inYo a�ts with otl�er pazties that share or �ify their risk, or reduce losses. These a�� are on <br />terms and conditions that are satisfactory to tha �rtgage insurer and the other Party' (or parties) to these <br />a�t�• These a8rce�ts maY req�rira the mortgage insurer to make payments using any source of fimds <br />that the �rtgage insurer may have available (wluch may include funds obtained from Mortgaga �ca <br />premiums). <br />As a result of these agreements, Lender, any purchaser of tha Nota, another insurer, any reinsurer, any <br />ot�r entity, or aay affiliats of any of tha foregoing, may receive (directly or indirectly) aa�ounl� t1�at <br />deriva from (or might be characterizzed as) a portion of Borrow�'s payments for Mortgaga Insurance, in <br />exchange for sharing or �ifying the mortgaga insurer's risk, or reducing losses. If such a�nt <br />providas that an affiliata of Lend� takes a share of tha insurer' s risk in exchange far a share of the <br />premiums paid to the insurer, the aaangem+ent is often termed "captive rainsurance." Further: <br />2200287833 <br />NEBRASKAStngle FanOy-Fannie Mee/Freddle Mao UMFOMA INSTRUMENT W(TH MEH9 <br />Wolte�s Kkiwer Fk�ial 9ervi¢es <br />D VBANE <br />Form ao2a , ro� <br />VMPBA�NE►11106) <br />P�e 8 of 17 <br />� • � � <br />