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, 201208396 continue to pay to Lender the amount of the sepazately designated payments that were due when the insurance wverage ceased to be in effect. 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, notwi[hstanding rhe fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Bonower any interest or earnings on such loss reserve. Lender can no longer require loss reserve paymen[s if Mortgage Insurance coverage(in the amount and for the period that Lender requires)provided by an insurer selected by L,ender again becomes available, is obtained, and Lender requires separately designated payments towazd the premiums for Mortgage Insurance. If Lender required Mongage Insurance as a condition of making the Loan and Borrower was required to make separately designazed payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, unql Lender's requirement For Mortgage Insurance ends in accordance with any wri[[en agreement between Borrower and Lender pmviding for such termination or until tennination is required 6y Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the nte provided in the Note. Mortgage Insurance reimburses L.ender(or any entiry Wat purchases the Note) for certain losses i[may incur if Borrower does not repay the Loan as agrced. Bonower is not a party 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 par[ies that share or modify their risk, or reduce losses. These agreements aze on terms and conditions that aze satisfac[ory to [he mortgage insurer and the other party(or parties) to these agreements. These agreemen[s may require the mortgage insurer to make paytnents using any 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 entiry, or any affiliate of any of the foregoing, may receive(directly or indirectly) amourns thaz derive from (or might be characterized as)a portion 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 thaz an a�liate of Lender takes a shaze of the insurer's risk in exchange for a share oF the premiums paid to the insurer, the arrangement is often termad "captive reinsurance." Further: (a) Any such agreements will not affect the amounts tLat Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not iucrease the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has-if any-with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law.These rights may include the rig6t to receive certain disclosures, to request and obtain cancellation of the Martgage Insurance, to have the Mor[gage Insurance terminated automatically, and/or to receive a refund of any Mortgage Iosurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned[o and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Pruperry, if the res[oration or repair is economically feasible and Lender's security is no[lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportuniry to inspect such Property to ensure the work has been completed[o Lender's NEBftASKA-Sn91e Famdy-Fannic Mae/Fretltlie Mac UNIFORM INSTFIIMENT Form3�28 1/Ol uMP� VMP8INE)�11051.00 Wolters Kluwer Financial Servires py9e y��