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��14��7 c�ntinue�o pay ta Lender the am.ount of the separa�ely des�gnated payments tha��vere du�wh�n�he insuran�e�o�erage ceased to be in effect. Lender v�r�11 accept, use and retain th��e payments as a non-refundable��ss reser�e�n l�eu of Mortgag� �nsurance. Such�oss reser�e sha�I b�non�refundabie, no�wi�hs�anding�he fac�that�he Loan is ul�ima��y pa�d�n fu��, and Lender sha�i not be requ�r�d to pay Borro�er any in�erest or earn�ngs on such loss r�se�-ve. Lend�r can no�onger require loss reserve payments if Mortgage Insurance c��erage�in�he amoun�and far�h�per�od�hat Lender requ�res}provided�y an insurer selectied b� Lender again becomes availa��e, is �bta�ned, and Lend�r r�quires separately desi�nated payments tovvard�he prem.�ums for Mor�gage �nsurance. If Lender required Mor�gag��nsurance as a condi�ian of mak�ng�he Loan and Borr�wer v�ras requir�d�a make separately designa�e�paymen�s t�ward�he premiums for Mortgage Insurance, Borrov�er shall pay the prem�ums required to main�a�n M�r�gage Insurance in effect, �r ta pr�vide a non�r�fundable��ss r�servey until Lender's requirement for Mor�gage �nsuran�e ends �n accordance wi�h any v�rritten agre�ment between Borrower and Lender prvvid�ng �or su�h term�nation�r until �erm�na�ion is requzred b�r App�i�able La�r. N�thing in this Section 10 aff�cts BorrovW�r's o��igat�on�o pay in�erest a�the ra�e pro�ided in the N��e. Mortgage�nsurance reimburses Lender(or any�ntit� �hat purchas�s�he Note} for�er�ain�osses it may incur if Barrower does not repay fihe L�an as a�reed. Borrflwer is not a part�to th�Mor�gag��nsurance. Mor�gag�insur�rs eva�uate the�r�ota� risk on a�l such insurance�n fflrce from t�me to��me, and ma� enter in�o agreemen�s w��h other part�es�ha�share nr modify�h�ir risk, or reduce losses. 'I�hese agreen�ents are on �errn� and�ondi�ions�ha�ar�sat�sfac�or� �o th�mor�gag�insurer and�he other par�y�or par�ies}�o�hese agre�ments. These agreements may r�qu�re�he mor�gage �nsurer to make payrnen�s using any source of funds that�he mor�gage�nsurer may hav�a�ai�able�which ma� include funds obta�ned fram Mortgage�nsurance premi.ums}. As a resu�t of these agre�ments, Lender, any purchaser of�he Note, another�nsur�r, any re�nsurer, any o�her enti�y, �r any affiliate of any�f the foregoing, n�ay re�eive tdirectly or ind�rec��} amounts that d�ri�e fr�m tor migh�be character�z�d as} a portion of Borrower's paymen�s for M�r��a�e�nsurance, �n exchange for shar�ng or mod�fying�he mor�gage�nsurer's risk, or redu�ing�oss�s. If such agr�ement prov�des�hat an af�l�a��of I.�nder takes a share af the�nsurer's risk�n exchange f�r a share af�he pre�m�uxns paid�a th� insur�r, �he arrangement is often termed "capti�e r�insurance." Fur�her: �a� Any such agreements ��vill not affec�the amounts that Borrower has agreed�o pay for Mor�gage Insurance, ar�ny other t�r�ms af�he Loan. Such agreem�nt� wi�l not increase the amount Borrower wiil owe for Niortgage Insuranc�, and�hey vv��n�t entitle Borrower�o any refund. ��} Any such agreemen�s �vil� no�affect the righ�s Borrower has �-�f any -wfth respect�a the Mortgage Insurance under the Ham�owners Pro�ection Act of 1998 or any other law. These r�ghts rn�ay inc�ude the righ��o rece�ve certa�n d�s�iosures, to reques�and obtain c�nce��ation af the Mar�gage Insurance, �o have the Mortgage Insurance term�na�ed au�omatica�ly, andlor ta r�cex�e a refund of any�or�gage Insurance premiums�ha�were unearned a�the t�me vf such cance��at�on or term�nat�an. �'1. Assignment af Nlis�ellaneous Praceeds; Forf�iture. AlI N��scel�ane�us Praceeds are her��y assigned to and sha��be paid�o Lender. �f the Propert� is damag�d, such N��sce��aneaus Pr�ceeds sha��be appiied to rest�rat�on or repair af the Prop�rt�, �f th�restoration or repair is ecanom�call�feasible and Lender's securi�� s no��essened. I3uring such repair and res�ora�i�n per�od, Lender shall ha�re the right�o hold such M is�e�lane�us Proceeds un�i� Lender has had an oppor�un�ty to inspect such Property to�nsure the work has been comp�ete��o L,�ender's NEBRASKA-5ir�gle Family-�annie MaelFreddie Mac UNIFaRM INSTRUMENT �orm 3�28 11�1 VMP[� VMPC(NEf t13�2} Woiters Kfuwer��nancial Ser�ices Page 9❑f�7