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��14�1�5� con�inue to pa��o Lender�h�amount of�he s�parately designa�ed payments tha�were due vvhen th� Xnsurance co�rerage ceased ta be in effec�. Lender wii� accept, use and retain these payments as a non-refundable Iass reserve in Ii�u of Mar�gage�nsuranc�. 5uch��ss reserv�sha��be non-refundable, no�wi�hs�and�ng the fac�tha�the Laan is uitimat�i�pa�d in full, and Lend�r shal�no�be r�quired to pay Borra�ver any �nteres�or earnings on such loss rescr�e. L�nder can no Iong�r require Ios�reserve paymen�s �f Mor�gage�nsurance caverage��n the amoun�and for�he p�riad tha�Ifender requires}pra��ded by an �nsur�r s�Ie�ted by Lender agarn becflmes a�a�labie, is ob�ain�d, and Lender requrres separately desxgna�ed payments�ov�ard�he premiums for Mor�gage�nsurance. �f Lender required Mor�gage�nsurance a� a candition af mak.ing th�Laan and Borrovver�vas required�o make separa�el�d�signa�ed payments toward the premiums for Mor�gage Insuranc�, Borrower sha1l pa��he premiurns required to ma�n�ain N�ar�gage Insur�nc.e in effect, or�o prvvide a non-r�fundab�e�ass re�exve, un�i� Lender's requiremen�for N�or�gage Insuranr�e�nds in ac.c.ordan�e w�th an�r wr��en agreem.en�bet�veen Borrower and Lender pra�iding for such t�rm�.na�io�or unt�l�erm�na�ion is requ�red�y App�icabie La�r. No�hing in this Sec�i�n ��affec�s Borrovver's ab�igation to pay �n�eres�a�the rate provided in the N��e. Mor�gag�Insurance reirr�bu�ses�..�nder�or any�n�ity that purchases�h�No�e} for cer�a�n�oss�s i�r�ay incur if Borrower does no�repay the L.oan as agreed. Barro�v�r is no�a par��o�he Mor�gage�nsuranc�. Mor�gage insurers evaXuate�heir�otal r�sk an aII such insurance in force frflm t�me to�ime, and may enter �n�o agreements wi�h o�her par�ies�ha�share or modify�heir risk, or reduce�osse�. The�e agre�ments are an �erms and cond��on��ha�are satisfactory�o the mor��age�nsur�r and�he o�her par�y �or par��es� ta these agreemen�s. These agreemen�s may requ�re the mor�gage�nsurer�o make paymen�s using any saurce of�unds �hat�he mor�gage insurer may have a�a��able�whzch.xnay include funds abtaineci fram Mar�gage�nsuranc.e prem�urn��. A�a r�sul�of these agr�em�nts, Lender, any�urchaser of th�No�e, ano�her insurer, any reinsurer, an�r other en�xty, �r arry aff�lia��of an�af�h�faregaing, may recei�r��direc��y or xnd�rectly} amoun�s tha�derive from �ar migh�b�characterized as�a p�rtian�f Borr�v�rer's paymen�s for Mor�gage�nsuranc�, in exchange f�r sharing or mad�f��ng the mortgage�nsurer's risk, ar reduc�ng�asses. �f�uch agreenaent pr��ides that an aff�liate of L,�nder�akes a share af the�nsurer'�risk in e�cchange for a share af the prem.ium.s pazd�o the insur�r, �he arrangemen��s often�ermed "cap�iv�re�nsuran�e." Fur�her: �a� Any such agreemen�s wi��not affect the amounts that Borrower has agreed ta pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will nnt increase the amount Borrovver will ow�for Mortgag�Insuran�e, and they wii�nat�nt�t�e�orrower to any r�fund. {b} Any such agree�nents vv��l not affect the rights��rrower has�-�f any-w�th respe�t to the Mortgag�In�urance under the Home�owners Prote�tian Act of 1995 or any ather law. These rights rnay inc�ude the right t�r�eive�ertain d�sc�o�ur�, ta re��est and abtain cance��at�on af the �Viortgage Insuranc�, to ha�e th��artgage Insurance ter�ninated autvr�atica��y, andlor tv rec��e a ref�nd�f any Mortgage Insura��e prem.�ums th�t►were u�nearned at th�time of such canceiiation or term�nat�on. ��. Assigr�ment of N�iscel�anevus Proceeds: F�rfe�ture. All Misc.�ilaneous Proceeds ar�h�reby ass�gned to and sha�l be pa�d to Lender. �f the Praper�y is darnag�d, such Misc.��laneous Proc�eds sha1l be app�ied to r�s��ra�ion or repair of�he Proper�y, if�he rest�ration or repair�s econom�ca��y feaszb�e and Lender's s�curi�y is no�lessened. During su�h repair and res�arat�on period y L.�nder sha��ha�re�he r�gh�ta hold such Miscellaneous Proceeds un�il Lender has had an oppartuni�y to�nsp��such Fraper�y�a ex�sure�he vvork has�een comp�eted�o Lender's N�BRASKA-Single Family-Fannie Mael�reddie Mac IJN��RM INSTRUM�NT �orm 3�28�107 VMP� VMPfi�NE��1302f Wvlters KIuw�r Financ�a!Ser�ices Page 9 flt i 7