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201209534 continue to pay to Lender the amount of the sepazately desia ated payments that were due when khe iasurance wverage ceased to be in effect. Lender�l accept, use and retain these payinents as a non refu*�dable loss reseave in lieu of Mortgage Insur�ce. Such lass reserve shall be non-re�undable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall no[Ue required to pay Bosower any interest or earnings on such loss reserve. Lender can no longer require loss reseive paysnents if Mortgage Insurance coverage(in the amount and for the period that Lender requires)provided by an insnrer seleeted by Lendex again becomes available, is obtained, and Lender rcquires sepazately designaTed payments towazd the premi�s for Mortgage Insurance. If Lender required Mortga�e Insurance as a condition of making the Loan and Bc�nowcr was requued to make separately desi�ated payments towazd the premiums for Mortgage Jnsurance, Barro«er shatl pay the preauums required to maintain Mortgage Tnsurance in effect, or to provide a non refundable 1o�s reserve, until Lender's requirement for Mortgage Insurance ends in accosdazice with any wr�ttea agreement between Boxxow�r �d Lender pmviding for such tenuination ox wrtil texmination is required by Applicable Law. Nothing in this Section 10 affects Borrawex's obligafion to pay interest at the xate pxovided 3n The Note. Mortgage Insurance reimhurses Lender(ar any entity that purchases the I�To[e) for certant losses it may incur if Eorrower does not repay the Loan as agreed. Boirower is not a pazry to the Nlortgage Insurance. Mortaage insurers evaluate theu total risk on all such insi�rance in force from time to time, and may enter into agreements with o11�er parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurcr and the other pazty (or parties)to these ageements. These agrcements 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_Vlortgage L-�surance premiums). As a result Qf these agreemeuts, Lender, any purchaser of fhe Note, uzother insurer, any reinsurer, any other enfity, ox any affiliate of any of the foiegoing may receive(directYy or indtrecfly) amounts that derive from (or might be characCerized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage inswer s risk, or reducing losses. If such agreement provid�that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiwns paid to the insurer, the arrangement is often termed"captive reinsurancc." Further: (aJ Any such agreements will not affect the amounfs that IIorrower Fia.s agrced to pay for Vdortgage Insuranee, or any other terms of the LoAn Such agreements will not increase the ainoimt Borrower will owe for Vlortgage Insurance, nnd thev will not entille Borrorver to any refund. (b) Any snch agrcements will nof affect the rights Borrower has -if any�-R2tli respcct to the Mortgxge Insurance under tlie Homeowvuers PrutecGun Act of 1998 or any other law. These rfghts nnay include the right to receive certain disclosures, to request and obtain cancella&on of the i�Zortgage£nsurance, to have the Mortgage Insurance termiva.ted aatomatically=, and/or to receive a refund of any Mortgage Insurance premiiuns thaY were nnearned at the time of such cancellation or termination. 11. Assignment of M iseellaneous Proceeds; Forfeiture. ��111 VIiscellaneous Proceeds are hereby assigned to and sha12 oe paid to Lender. If the Froperty is damaged, such Misccllaneous Proceecis shall be applied to xestoration pr repai_o£the Proper[y, if the restoration or repair is economically feasible and Lender's security is not lesscued. During such repair and restoration period, Lcnder shall have the right to ho1d�.such Miscellaneous Proceeds uatil Lender has had an opportunity to inspect such Pxoyerty to evsure the work has been completed to Lznder's zaaoz�ao NEBRASKA-Sin9�eFamity-FannieMaelFreddiefdacOVIFORhi INSTRUHIENT Form 3028 t101 VM P OO Vh1 P6(NE)(1105) VJolters Kluw er Fnancial Services Page 9 ot 1]