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201208789 continue to pay to Lender the amount of the separately designated payinents that were due when the insivance coverage ceaged to be 3n effe�t. Lendex will aoeept, use�d retain these paymei�ts as a non-refundaUle loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultiinately paid in full, nnd I.ender shall not be required to pay Borrower any inCerest or earnings on such loss reserve. Lender e<2n no longer require ioss reserve payments if Mortgage Insizrance cov�rage(in the amount and for flie pexiod that Lmda requdres)procided hy an instirer selected by Lender again becomes available, is obtair,ed, and I,ender requires separately designated paymenis toward ihe prc.miums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make sepazately designated pa}msents to�vard the pre�riums for Mortgage Iusurance, Borrower shall pay the prenvmns xequ[red to maintain Mortgage Insurance in cffect, ar to provide a non-refiuidable loss reserve, unril Lender's requirement for Mortgage Insurance ends in accordance�vith any written aa eement between Borrower and Lender providing for such texnunation or until termination is required by Applicable Law. Nothiug in th�s Section 10 affects Borrower's obligation to pay interest at the rate provided in tfie Note. � Mortgage Insurance raimburses Lender(or 3py enrity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is noC a party to the Mortgage Insurance. Mortgage insurers evaluate their t4ta1 risk on all such insurance In Force from time fo tane, and may entex into agreements with other parties tkat shaze or modify flieir risk, or reducz losses. These agreements are on terms and canditions that aze satisfiactory to fl�e mortgage insurer and flie other parry(or parlies)to Yhese agreemznts. These agteements may require the tnartgage ins�er to make paymeats using any source of funds that the mortgane insurer may have available(which may include fiuids obtained from NIortgage Insurance premiuxns)- As a result of these agreements, Lender, any purchaser of the Nole, another iusurer, any reinsurer, any other entity, oi any afFiliate of any of the foregaing, inay receive(dtsectly or indirecfly) amounts thaf derive from (or might be eharacterized 2s) a portion o£Borrowec's payinents for Mortgage Insurance, in exchange for snaring or moclfi%ing the mortgage insurer's rislc, or reducing losses. If sucl�ageement provides that att affi].i3Ye of Lender takes a share of u�e insurer's risk in excLange for a share of the preiniums paid to the ineurer, the arrangenieni:s often teiined"capfive reinsurance." rurther: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for NIortgage Insurance, or xny other terms of the Los�n. Such agreements will not increase the amount Rorrower will owe for Mortgage Insurance, and they will not entitle Rorro«�cr to any refund. (b) Any such agreemcnts ntill not xffect the rights Borro�ver has-if any-with respect to the Mortgage Insurance nnder the Homco�vners Protection Act of 1998 or any otlier law. These riglits may inclode tlie right to receive certxin disclosure.c, to request and obtain canceiIalion of the IDTortgage Insnrauce, to have tbe Mortgagc Insuramce ferminated automatically, and/or to seceive a refund of any Mortgage Tnsurance premiums that were unearned at the time of snch cancellafion or terminatian. 11. Assiynment of M iscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds aze hereby assigned to and shall be paid to Lender. If the Properiy is damaged, such Miscellaneous Proceeds shall be appfied to restorarion or repair of the Property, if the restoration or repair is economically feasiUle and Lender's secwity is not lcssened. During such repair and restoration period, LendeF sha11 l�ave the rlght to hold such M3scellaneot�,s Ptoeeeds until Len$ex has had an opporiunify to inspect such PrOpefty to ensure the work has been completed to Lender's zaaozasi NEBRASfCA-Sinyle Family-Fannie MaelFretltlie M ac UNIFORAd IRS-RUM ENT Form 3028 1;01 VM?� VhA P6ME)(1�05j NloRers Kluwer nnancial5ervices Pagz 9 oi t�