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��14��445 cont�nue to pa��o Lender the am�unt of�he separa�ely designa�ed payments�ha�were due v�hen the insurance co�erage c�ased to b��n effect. Le�der wil� accept, us�and re�ain�hese payments as a non-refundahle loss reser�ve�n��eu of Mar�gage Insurance. Such��ss reserve sha�l be non-refundable, notwithstand�ng the fa�t that the L.aan�s ul�imately paid in full, and Lender sha�� no�be requ�red to pay Barrov�er any �nterest or earnings on such�oss rese�e. L.ender�an no longer requ�re loss r�serve paymen�s if Mor�gage�nsurance co�erage ��n the amount and for the period�hat Lend�r requ�res}pro��ded by an �nsurer selected b� Lender again becomes available, is ��tained, and Lender requ�res separately des�gnated payments toward the pr�miums for Mortgage�nsurance. �f Lender required Mar�gage Insur�xa.ce as a c�ndi�ion of mak�ng�he Loan and B�rr�wer was required�o make separa�e��designated paym�nts�ovc�ard�he premuiums far Mor�ga�e�nsurance, Borrower shai�pay�he premiums required to ma�ntain Martgage Insurance in effec�, or�a pro�ide a non-refundab�e�oss reserve, until L.�nder'�requ�r�men�fflr Mortgag� Insurance ends in accordanc�wi�h any�vri��n agreer�ent between Borrov�er and Lender prflwid�ng far such �ernunat�o�.or until termina�ion is required b� App��a��Law. Nflth�n� �n�his Sect�on 10 affe�ts �arrower's vb��gation to pay int�rest a�t.he rate prov�c��d in the No��. M�rtgage Insuranc�re�xnburses Lend�r�or any�n�i��at purchases the�ote} for cer�a�n��sses�t may�ncur if Borr�v�er daes not r�pa��h�Loan as agre�d. Borrawer is no�a party to�he N�o�gage�nsurar�ce. Mor�gage insurers e�alua�e their�otal risk on all such insurance in force fr�m time��time, and may en�er in�o agreem�n�s wi�h o�her par��es�ha�share or modify�heir ris�, �r reduce�osses. These agre�men�s are on terms and condi�ions tha�a�re sa�isfac�or�r to the mor�gage insurer and the o�her part� �or parties}�o these agree�m.ents. These agreemen�s ma�require�he mor�gage xnsurer to make pa�men�s using any source of funds �hat the mor�gage insurer ma�have a�ai�able�whi�h may include funds obtained from Mor�gage�nsurance premiums}. As a result of�hese agreemen�s, L,�nd�r, any purchaser of�he No�e, another insurer, an�r re�nsurer, an}�other ent�ty, or any af�liate of an�nf�he farego�ng, may r��i�re�d�rec��y�r�ndirectly} amoun�s that der�ve fram �or mi�ght be characterx�ed as} a por�ion of Borrower's pa�rments for Mor�gage Insuran��, in exchange far sharing ar modif�ing the mortgage�nsurer`s risk, �r reducing loss�s. �f suc�.a�reemen�pro�ides tha�an affiliate of Lender�akes a�hare of�he in�urer's risk in�xchange for a share of the premiums paid ta �he �nsurer, �he arrangement is of�en�ermed "cap�ive reinsurance." Fur�her; �a� Any such agreem�n�s w��l not aff�ct�he arnounts that Borrower has agreed to pay for N�or�gage Insurance, or any other�erm5 of the Loan. Su�h�greements wi��not inCrease the amaunt Borrower wil�owe for N�ortgage Insurance, and they w��not entit�e Borrower to any refund. �k�� Any such agreemen�s w�ll nat affe�t�he r�ghts Borro��ver has -if any-� wi�h respect to�he Mortgage InSurance under�he H�meowners Protectinn Act of 199$ar any other law. These righ�s �nay inc�ude the right ta re�e��e�er�a�n discivsuress to request and ob�ain cance��ation vf the Mor�gage Insurance, to ha�e the Mor�gage Insurance term�nat�d au��mat�ca�ly, andlor to rece��e a refund of any Mortgage In�urance�rem�ums that were une.arned at the t�nr�e of such can�e��at�on or termination. 7 7. Ass�gnment af Miscel�anevus Prv��eds; Forfeiture. A�� Miscel�aneous Proce�ds are hereb� ass�gned�o and sha�I be paid�o I.ender. �f the Proper�y is dama�ed, such Nl�sce��aneaus Proceeds sha�i b�app��ed�� restorat�on or repair of the Praper�y, if th�rest�ration or repair is e�anom.ically feas�ble and L.ender's securit�r �s n��lessened. During such r�pair and res�oration period, Lender sha�l ha�ve�he r�ght�o ho�d such Mis��laneous Prac�ds un��1 Lender has had an oppor�uni��a inspec�su�h Prape�y to ensure the work has be�n comp�e�ed�o Lender's NEBRASKA-5ingle Fami�y-Fannie Mael�reddie Mac UNIFQRM INSTRUM�NT Forrn 3028 31�i VMP� VMP6(N�}t13��y VII��L�iS KIUW��F[�18�1C1��S�CVEC�S Page 9 af 17