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�Q�2��6� continue I:o pay to Lender the amounl of the separately designated payments thal �vere due when the insurance coverage ceased to be in effect. Lender will accepi, use and retain these payments as a non-refiuidable loss reserve in lieu af Mortgage Insurance. Such loss reserve shall be non-refundable, nohvifl�standing the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any inlerest or earnings on such loss reseive. Lender can no longer require Ioss reserve payments i� Mortgage Insurance coverage (in the amount and for the period that Lender reqwires) provided Uy an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designaled payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of rnaking the Loan and Borrower was required to make separately designated pFtyments to�vard the premiums for Mortgage Insurttnce, Borrower shall pay the premiums required to maintain Morlgage Insurance in effect, or to provide a non-refundable loss reserve, tuitil Lender's requirement for Mortgage Insurance ends in accordance with any tivritten agreement bet�veen Borro�ver and Lender providing for such ternunation or until ternuination is required by Applicable Law. Nothing in this Section 10 afCects Borrower's obligation to pay interest at llie rate provided in the Note. Mortgage Tnsurance reimburses Lender (or any enlity khat purchases the Note) for certain losses it may incur if Borrorver daes not itpay the Loan 1s agreed. Bonower is nat a pariy to the Mortgage Insurance. Mortgage insurers evalaate their total risk on all such insurance in force From time to time, and may enter into agxeements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and. conditions that are satisfactory to the mortgage insurer and the other pariy (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of fiutds that tlie mortgage insarer may have available (which may include funds obtained from Mortgage Insurance premiums). � As a result of these agreements, Lender, any purcl�aser of the Note, another insurer, any reinsurer, any other entity, or any affiIiate of any of the foregoing, may ieceive (directly or indirectly) amounts that derive from (or might Ue characterized as) a portion of Borro�ver's payments for Mortgage Insurance, in excliange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in e�change for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further. (a) Any such agreements tivill not affect the amounts that Borrawer hus agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements �vill not increase the amaunt Borrower wili o�tve for Mortgage Insurance, und they will not entitle Borro�ver to any refund. (b) A.ny such agreements �vill not uffect the rights Borro�ver htts - if any - tvith respect to the Mortgs�ge Insurance under the Homeowners Protection Act of 1998 nr uny other la�v. These rights may include the right to receive certain disclosures, to request flnd obtuin cancellation of the Mortgage Insurance, to have the Mortgage Insurance termiaAted automatically, und/or to receive u refund af any Mortguge Insurunce premiums that were unearned at the time of such cancel[ation or termination. 11. Assignmen#of MiscelEaneousProceeds; ForFeiture. All Miscellaneous Proceeds are liereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds sYiall be applied to restoration or regair of the Properiy, if the restoration or repair is economically feasible and Lender's security is not lessened. During snch repair and restoration period, Lender shall l�ave the right to hold such Miscellaneous Proceeds until. Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's NEBRASKASingle Family-Fannia MaelFreddle Mao UMFORM INSTRUMENT Form 30281l01 Wo�lters Kluwer Flirenclal Servfaes � ��P�ag�e 8�ot7 7