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��14�1557 � �ny amounts dishursed by Lender un er this Seetron 9 sha11 become additional debt of Borrawer se�ured by this Security Instrumen�. These amvunts sha.il bear inter�st a� the Note ra�e from the date of disbursement and sha�l be payable, with such inter�st, upon natice from Lender to Borrflwer requesting payment. �f this Securxty Instrurnent i� on a leaseho�d, Borrower shall comply with a11 the pro�isions of the lea�e. If Borrower acquires fee title to the Property, the leasehflld and the fee title shall not merge unless Lender agrees to the rnerger in writing. 1 a. M ortgage Insuran�e. If Lender r�quired Martgage Insurance as a conditi�n of making the Laan, Borravver shall pay the premiums r�quired t� maintain the Mortgage Insurance in effect. If, for any reasan, the M�rtgage Insurance co�erage requ�red t�y Lender ceases �o be available from the martgage insurer that pre�riausly pravid�d sueh insuran�e and Borravver vvas requ�red tc� make separatel}� designated payments toward the premiums for Martgage Insurance, Borrawer shall pay the premiums required�o obtain co�erage substantially equi�a�ent to the Mvrtgage Insurance pre�iously in effect, at a cost substant�a��y equi�alent to the cost to Borrower of the Mort�age Insurance pre�i�usly in effect, from an alternate mortgage �nsurer sele�ted by Lender. If substantial�� equi�alent Mortgage Insurance coverage is no� avai�abl�, Barrower sha�l continue to pay to Lender the amaunt vf the separa�ely des�gna�ed payments �hat wer� due when the xnsurance caverage c�ased to be in effe�t. Lender wi11 aceept, use and reta�n these payments a� a non-refundable loss reser�ve in lieu of Mortgage Insurance. Such i�ss reserve shal� be nan-refundab�e, na�withs�anding the fact that the Lo�.rY is ul�imately paid in fuli, and Lender shall not be required to pay Barrower any interest or �arnings on such loss reserve. Lender can na Ionger require Iass reserve payrnents if Mortgage Insurance co�erag� �in the amount and for the p�riad that Lender requires} pro�ided by an insurer se�ected by Lender again becomes a�ailable, is obtained, and Lender requires separate�� designated payments toward th� premiums fnr Mortgage Insuraric�. If L�nder required Mnrtgage Insurance as a conditian of making xhe Loan and Barrower was required to mak�separatel�designated pay�nents ta�vard the premiums far Mortgage Insurance, Barrower shal� pay the premiums required tn maintain Mortgag� Insuranee in effe��, or to pro�ide a non-refundable Ioss res�r�e? until Lender's requirement far Mortgage Insurance ends irt accordance wi�h any written agreemen�between Bnrrflwer and Lender pravid�ng far such termination or until term��at�on is required by Applicable Law. Nothing in this Section 1� affects Barrower's obligation to pay�n�erest a�the ra�e pravided in the Nvte. Mortgage Insuranc�reimburses Lenc�er �a�r any entixy t.�at purchases the Note� for �ertain ioss�s it r�ay incur if Borra�ver daes not repay the Loan as agr�ed. Borravver is nat a party t�the Martgage Insurance. Mortgage insurers evaluate their �otal risk on all such insuran�e in fc�rc� from �me to time, and ma� enter �nta agreements with other parties tha� share or modify their risk, ar reduce Iasses. These agr�ernents are on t�rms and condi�ions that are satisfactory to the martgage insurer and the ather party �or partie�� o these agreern�nts. These agreements may require the mortgage insurer to mak�pa�ments using any souree af funds �hat the mort�age insurer may ha�e avai�able �which may include funds abtained from M�rtgage Insurance premiums�. As a resul�of these agreements, Lender, any purchaser of the Note, anaxher insurer, any reinsur�r, any other entity, ar any affiliate of an�r �f th�faregoing, may recei�e �dxrect�y or indirectly} amounts that deri�e frQm (or n��ght he eharacterized as} a partion of Barrower's payments for Mortgage Insurance, in exchange far sharing or modifying �he mflrtgage �nsurer's risk, ar reducing losses. If such agreement provides that an affil�ate of Lender takes a share af the insurer'� risk in exchange for a share of the premiums paid tQ th� insurer, the arrangement is often terrned "captive reinsurance." Fur�her: 00��238fifi994 {0�11�388�994] NEBRASKA-5ingle Fam ily-Fannie MaelFreddie Mac UNiFORM INSTRLJM ENT W ITH MERS F�rm 3028 11�� VMP Q VMP6A4NEy�130�}.OQ Wolfers K�uwer Fnanciai Services Page 9 of�7