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201210951 continue to pay to Lender the amount of Lhe sepazately designated.payments that were due when the insi�rance coverage ceased to be tn effect. Lender will accept, use and tetain these payn�ents as a non-refundable loss reseroe in lieu oP Mortgage Insurance. Such loss reservc shall be non-refundable, nohvithstanding the fact that the Loan is ultimaSelg paid in full, and Lender shall not bc required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss resen�e payments if Mortgage Insur�nce coverage(in the amount and far the period that Lendec requites)pravided l�y an insurer selected by L.ender again Uecomcs avatlable, is obtained, and Lc,�ider requires sepazately designated paymenfs toward the premiums for Nlortgage Insurance. If Lender required Mortgage Insurance as a condition of makin�the Loan and Bonower was required to make sepazately designated payments to�azd the premiums for Mortgage Insurance, Borrower shall pay the preiniwns required to maintain Mortgage Insurance in effeci, or to provide a non-refundable loss reserve, unfil Lender's requirement for Mortgage insLuance ends in aceordance with any written agreement beLween Barrower and Lender providing for such termivation ox until Termamation is xequiretl bq Applicahle Law. Nothing in this Sec6on 10 affects Borrower's obligatian to pay interest at the rate pravided in the Note. Mortgage Insurance reimburses Lender(or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as a�eed. Bonower is not a party to the Mortgage Insurance. Mortgage insurers evaluate tUeu total risk on all such iasurance in force from time to tune, and maq enter into agreements with other par[ies that share or modify their risk; or reduce losses. These agreements are on tarms and conditions that aze satisfictory to the mortgage insurer and the other pazty(or parties)to fliese agreements. These agzeements may require the inottgage insurer to makc payments using any source of funds that the mortgage insurer may have availaUle(which may include funds obtained from.Mortgage Insurance pramiums). � As a result of these agreements, Lend�r, any purchaser of flie Note, another insurer, any reinsurer, any othzr entity, or airy affiliate of any of the foregoing, may receive(directly or indirectly) amounts that clerive from (or might be characterized as) a portion of Sorro�ver's payments for Nlortgage Insurance, in exchange for sharing or modifying the mortgage insurer s risk, or reducin�losses. If such�agreement provides that an affiliate of Lezlder takes a share of the insurer's risk in exchange for a share of the premimns paid to the insurer, the azxangement is often termed'bapt�ve reinsurance." Fw-ther: (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��Il not increase the amount Borrower will owe for Morfgage Inaiu-ance, and thep will not endtle Borrower to any refand. (B) Any snc7�agreemcnts�vili not affect the rights Borrower Las-if any-witk respect to the Mortgage Insurance under the Homeowners Protecfion Act of 1998 or any uther law. These riglrts may include the right to seceive certain disclosiu-es, to request and obtain cancellation of the . Mortgage Insurance, to hxve the Mortgage Iusurance terminated aukomatically, and/or to receive a rcfund of uny Mortgage Insiu-ance preffiiums that were unearned at the time of such cxncellaflon ar termination 71. Assignment of M iscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds aze hereby assigned to and shall be paid to Lender. If the Pxoperty is damaged, such MiscelIaneous Pxoceeds shall be applied to restozation or repair of ihe Property, if the restoration or repair is economicall}�feasible and Lender's security is not lessened. During such rcpair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds unril LeMder has had an oppoxturnty to ivspect sucl�Properiy to ensure The work has been completed to Lender's zaooaiv� N�RASKA-SingleFzmily-FannieMeelFredoie Mac UNIFORM INSTRUMENT form 30201l01 VM P f1w` VM P6(N�(1'105) Wo:t=rs KNwer Financisl Services Pagx 9 of 1�