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201210551 Auy amounts disbursed by Leuder under this Section 9 shall become additional debt of Bonower secured by this Security InsWment. These amounts shall beaz interest at the Note rate from the date of disbursement and shall be payable,wi[h such interzst,upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If Bonower acquires fee title to the Property,t6e leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage IrISUr'ance.If Lender required Mortgage Insurance as a condition of making the L.oan, Bonower shall pay the premiums requ'ved to maintain the Mortgage Insurance in effect. If, for any reason,the Mortgage Insurance coverage required by Lender ceases to be available from t6e mortgage insurer[hat previously provided such inswance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurauce,Borrower shall pay the premiums required to obtain covetage substantially equivalent to the Mortgage Insurance previously in effect,at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurauce previously in effect,from an altemate mortgage insurer sclected by Lender. If substautially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the sepazately desig�ated payments that were due wheu the instuance coverage ceased to be in effect. I,ender will accept,use and retain these paymeuts as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss rescrve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid i�full,and Lender shall not be required to pay Borrower any interest or eamings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage(in the amount and for the period that Lender requires)provided by an i�surer selected by Lender again becomes available, is obtained,and Lender requires separately designated payments toward the premiums for Mortgage 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 maintaiu Mortgage Insurance in effect,or to provide a non-refundable loss reserve,until Lender's requirement for�fortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such [ermination or until termination is requ'ved by Applicable Law. Nothing iu t6is Section 10 affects Eorrower's obligation to pay interest at the rate piovided in the Note. Mortgage Insurance reimhurses Lender(or any entity that pttrchases the Note)for certain losses it may incur if Bonower does not repay the Loan as ageed.Borrowet is not a party to the Mor[gage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time,and may enter into agreements with other parties that share or modify their risk,or reduce losses. These agreements are on tetms and conditions that are satisfactory to the mortgage insurer and the other party(or padies)to t6ese a�eemeuts. 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 Insurance premi�ms). As a result of these agreements,Lender,any purchaser of the Note,another insurer, any reinsurer,any other entity,or any affiliate of any of the foregoing, may receive(directly or ind'uectly)amounts that derive from(or might be characterized as)a portion of Bonower's payments for Mortgage lnsurance, iu exchange for sharing or modifying the mortgage insurer's risk,or reducing losses.If such ageement provides that au a�liate of Lender takes a share oY the insurer's risk in exchange for a share of the premiums paid to the inswer,the arrangement is often termed"captive reinsurance."Further: NE8R45KASingla FemllyFennle Mea�FreOEIe Mec UNIFORM INSTRIIMENT WITH MERS Porm 30281/01 VMP� VMPBA(NE (11D5).00 Wolters Kluwer Flnenclal Servlces �ge 9 of 1] ii i�i�iii�i i ii ii i i i i iiii ii i iiii ii ii i i i i i i iii i i iii