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��14�� continu�to pay�o L�nder the a�noun�of the separately des�.gnated paym�nts�iat ujere due when the �surance coverage ceased to be in�ffect. Lender�wi.�I accep�, u.se and re�a.�n these paymen�s as a non refun.dab�e�oss reserve��.i�ieu of Mortgag�Insurance. Such�.oss res�rve sha1�1 be non refundable, no�iths�aridi�.g�he fac�tha��he Loan is ulti�mately paid in fu�l, and I�ender sha11 not be requ�red to pay Boxroyv�r ar��r interes�or earnings on such�oss reserve. Lender can no Ionger r��uire�ass reserve paym�n-ts �f Mor�gage Insurance eoV�rage�in�he amount and for the period�h.at Lender requires)prov�d�d by an i.nsurer se�ec�ed by Len�der agai_�becomes avai.I.ab�e, is ab�a.ined, and Lender rec�ui�-es separa�e�y designated paymen�s toward the�arenruurn,s for Mo�gage I�u:rance. �f)Ler�der r�qui.r�d N�ortgage Insuran�e as a eond�.t�.on of ma.l�ing�.e Lo�and Boarov�rer was required�o�na��separate�.y designated payments toyvar�the p�-emiums for Mor�gage Insurance, Borrower shal�pay the�re�vums re�uired to m�:�.ntai�NYor�gage Insuranc�zn effect, or to provide a nan refund�.ble��ss reserve, un�zl Lender's requir�ment�or Mortgage Insurance ends in accordance with any tivr�tten agreemen�bettiveen I3orrower and Lender pro�d�xa.g for such termination or un�i�ter�m�ation�s r�quired by ApplicabXe Layv. Nothing�n this Section 14 aff�cts Borrower's obligat�on�o pay interest a�the rate provided�r�the INote. �Iortgage I�surance reir�burses Lender�o�r any entity�ha.t pu�-chases the Note�for cer�aYn Iosses�t may�ncur if�orrawer doe��ot�epay the Loan as agr�ed. ]Barrower is not a par�y to the Mor�g�ge Insura�c�. �Vlort�age�.r�.surers evaluate�heir�o�a1 ris��r.�a��suc�i�.s��e�a.force f�-orn tim��ti�.e; and�a��nter �nto agre�rr�e�ts�r��.at�e�-�a�es that��are ox-�.odif�r the��x��, or�educe Ioss�s. rT�ese agr��rr�ents�re on �ex�:s ax�cl�o�d�t�ons�.iat a�-e satisfaeta�y t��he r�or��e�ns�-er ar�.c��ie oth�x-�a.r�Y�or�par�ies�to��ies� �agreements. These ag�eem�nts may requ7.re the mortgage�n�urer�o make paymer�ts�sing any source of funds that�he mortgage insurer may have avai�abl.e�u�h�ch ma�r inc�ude fu�ds obtained from N�ortgage Irrsuranee premuums}- , As a result of�hese agreem�nts, Lender, any purchaser of�he Note, a.nother ins�:rer; any reirisuxe�, any other en�zt�r, or any af�Iiate a�any of the fQrego�:ng, may rec�ive(d7.rect�y or�nc�irec��y�amaurits��at der�ve fram �or might be characterized as)a por�an of Bo�rowe�-'s payn�.ents for Mortgage Insurance, �n exchange for sha�ng or�nodi.fyzng�he r�ortgage�nsurer's r�sk, o�-reduc�ng l�sses. If su�h ag�eexx7.ent prov�.des�hat an �fff�I�a�e of Lend�r�a�es a shaxe of the�nsurer's risk i��hang��r a share of��re�i�pa�d��$h� ins�u�-e�, t�ie�r�.ngemen��.s ofter�termed t'ca�t��re re�x�:s�z�-�c�.B¢ �`�er: �� .A►�n�such agre�merits�lI nat affect the�m�un:t�that��rrv�ver has agreed��a�f�x IVYo�rtgage Ix�.sur�ce, ar�ny oth�r terms of th�Loa�. Such agreeme�t5�ill not in.crease th�affiount �orrawer w�l ov�e for Mortgage Insurance, and they�vi�l�n�t�nt�t�e 13orrower to any refund. ��} A�y su�h agreements v�vill nnt affect the rights I3�rrower has�if a��-with r�spect to fhe 1Vlortgage Insuranc�u.��er the 1�Comeown�rs]Protec�on Act of 1995 or any other�aw. These rights n�ay incxude the r�.ght to r�ce�ve certain clisciosu�es, to rec�uest and obtai.n canc�lla�i.�n of the �Vlor�t�ag�I�.surance, to��v�t]he Mar�gag�Insura�ce t�rmia�ated�.utfl�at�call�, anc�Ior to rec��ve �.refumc�of a.i�y IVior�gag�Insurance premiz�x�s th�t�ere unearneci at t�e�.i�e�f su�h c�a.cel��.t�o�ar terx��.ti��. 't'�. A.s�ignment vf 11f1 iscellaneous Proceed�; F�r�ei�ur�. 1�1�.�Vliscel�aneous�'roceeds ar��iereby ass�gned�o and shall b e pai�to JLender. If the Property xs damaged, such Mxsce��ane�us Proee�ds shall be app�ied tfl restarat�on or repaYr of tlie Praper�r, i:f�he res�oration or repaar is ecfln�m�.ca��y f�asible and Lender{s security is nat lessened.. Dur�g; su�h repa.�r and restoration per�od, Lend�r shall have the righ��fl hold such 1VI�.sc��larieous Proceeds u�.t�i� Lender has had an oppaxtu�aity to inspect su�h ProperCy�o ensur�the Rrork�ias bee�cornpl�ted to Lender`s �4ao�s7� UEBRASKA-Si�gle Family-�anr�ie lUlaelFreddia Nlac L]N�F�RM INSTRUMENT �orm 3028'i1�1 VMF Q V1�P�tNE}(130Z} Wolters Kluwer Finan�iaf 5ervices Page 9 of i: