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201209385 payments that were due when the insurance coverage ceased to be in effect. Lender will accept,use and rctain these payznents as a non-refundable loss reserve in lieu of Mortgage [nsurance. Such loss reserve shall be non-refundable,noRvithstanding the fact that the Loan is ultimately paid in full,and Lender shall not be required to pay Borrowcr any interest or eamings on such loss reseive. Lender can no longer require loss resen�e payments if Mortgage Inswance coverage (in the amount and for the period that Lender requires)provided by an insurer selected by Lender again becomes available,is obtained, and Lender requires separately designated pauments towa�the premiums for Mortgagc Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effecG orto provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until temiination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender(or any entity that purchases the Notc)for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to thc Mortgage Insurance. Mortgage insurers evaluate their total risk on all sueh insurance in force from Ume to time,and may enter into agreements with other parties that share or modify their risk,or reduce losses.These agreements azc on terms and wnditions that aze satisfactory to the mortgage insurer and the other party (or parties)to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insuranee premiums). As a result of thcse agreements, Lender, any purchaser of the Note,another insurer, any reinswer, any other entiry, or any affiliate of any of the Foregoing,may receive(directly or indirectly) ainounts that denve from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance,in exchange for shanng or modifying the mortgage insurer s nsk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in cxchange for a share of the premiums paid to the insurer,the anangement is often termed "capUve reinsurance." Further: (A) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase 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 right to receive certxin disclosures, to request and obtain cancellation ot the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a retund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11.Assignment of Miscellaneous Proceeds; Forfeiture.All Miscellaneous Proceeds are here6y assigned to and shall be paid to Lender. HCfG-00359 NEBRASKA-Single Family-Fennia MaelFretltlie Mec UNIFORM INSTRUMEM Porm 3028 1/01 VMP� OS/'12 Wotters✓Juwer Financial Services 2 01 21 0 31 4.1.1.2336�.f20120529Y Page 9 of 18 '6�859581221�" I�II�I��IIIII IIIII IIIII,NII�II,II�III NIII IIIII IIIII�