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. <br /> ' ` ��14���93 <br /> Any amounts disbursed by Lender under this Section 9 shail become additiona.l debt of Borrower secured by <br /> this Security �nstrument. These amounts shall bear int�rest at the N�te rate from the date of disbursement <br /> and sha�1 be payable,with such interest, up�n notice from Lender to Borrower re�uesting payment. <br /> If this Seeurity Instrument is on a leasehold, Borrower sha11 comply with a�1 the provisians of the Iease. �f <br /> Borrower acqu�res fee title to the Property, the leasehold and the fee title shal� not merge unless Lender <br /> agrees to the merger in��riting. <br /> 1 D. Mort�age Insuran�e.If Lender required Mortgage Insurance as a con�ition of mal�ing the Loan, B�rrvwer <br /> shall pay the premiums required to maint.ain the Mor�gage Insurance in effect. If, for any reason, the <br /> Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br /> previously provided such insura.nce and Borro�er was required to make separately designated�ayments <br /> toward th�premiums for Mortgage Insurance, Borro�-er sha.l�pay the premiums required to ohtain���erage <br /> substantiall`r equivalen�t�the Mortgage Insurance previously in effec�, at a cost substantially equivalent ta <br /> the cost to Borrower of the Mortgage insurance prev�ously in effect, from an a�terna�e mortgage insurer <br /> selected by Lender. If suY�stantially equivalen�M�rtgage Insurance coverage is not a��ailable,Barrower sha�I <br /> continue to pay to Lender the amount of the separate�y designated payments tha�were due when the <br /> insuranee coverage Geased to be in effect. Lender will ac�ept, use and retain these payments as a <br /> non-refundable loss reserve in�ieu of Mortgage Insurance. Such loss rese�ve sha11 be non-refundab�e, <br /> notwithstanding the fact that the Loan�s u�timately paid in fu�1, and Lender shall not be re�uired to pa�T <br /> Borrvwer any interest or earnings on such loss reserve. Lender can no longer require loss reser�e payments <br /> if Mortgage Insurance cavera.ge �in the amount and for the period tha.t Lender requires}provided by an <br /> �nsurer selected by Lencler again becomes a�ailable, is obtained, and Lender requires separately designated <br /> pavments t�ward the�remiums for Mortgage Insurance. If Lend�r required Mar�gage Insuran�e as a <br /> condition of making the Loan and Barrower was required to make separa.tely designate�payments toward the <br /> prem�ums far Mortgage Insurance, Borrower sha�1 pay the premiums required to maintain Mortgage <br /> Insurance in effect, or to pro�ide a non-refund.a�le lvss reserve, unti�Lender's requirement for Mortgage <br /> Insurance ends in accordance wi�h any written agreement between Borrower and Lender pro�iding for such <br /> ternuna.t�on or until termina.tion is required by App�icable Law. Nothing in th�s Sec�ion 1� affects <br /> Borrower's obligation to pay interest at the rate provided�n the Nate. <br /> Mortgage Insurance reimburses Lender�or any ent�ty that pur�hases the Note}for certa�n�osses it may incur <br /> if Borro�ver does not repay the Loan as agreed. Borrawer is not a party to the Mortgage�nsurance. <br /> Mortgage insurers e�aluate their total risk on a�1 such insurance in force from t�me ta time, and may enter <br /> into agreements��ith other parties tha.t share or modify their risk, or reduce lasses. These agreements are vn <br /> terms and condi�ions tha.t are satisfactory ta the mortgage insurer and the�ther partv (or parties}to these <br /> agreements. These agreements may require�he mortgage insurer to make payments using any source of funds <br /> that the mortgage insurer may ha�e availa�le (which may in�lude funds obtained from Mortgage �n�urance <br /> prem�ums}. <br /> As a resul�of these agreements, Lender, any purChaser of the Note, anvther insurer, any reinsurer, any <br /> �ther entity, or any affil�ate of an��of the foreg��ng, ma�� receive (directly or�ndirectly}amaunts that <br /> derive fram(or migh�be characterized as}a portion of Borro`uer's payments for M�rtgage Insurance, in <br /> e�chang�for sharing or modifying the mvrtgage insurer's risk, or reducing 1oss�s. rf su�h agreement <br /> prv�ides�hat an aff��iate of Lender takes a share of the insurer's ris1�in exchange for a share of the <br /> premiums paid to the insurer,the arrangement is often termed"cap�ive reinsurance."Further: <br /> 1�6ANE Q��628486�75 AprEl 21,2014 9 2 53pm <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac�NIFnRM INSTRUMENT W1TH MERS Form 3�28 1101 <br /> VMP� VMP6A(NE}(13�2}QQ <br /> Wolters Kl�wer F�nancial Services Page 9 of 17 <br />