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��14�3357 Insu.ra�.ce pre�r�ous�y in effec�, at a cos�subs�ax�.t�ax�y equivaient�o�.e cost to Borrower of the Mortgage In.surance pre�rousxy �n effect, frorn an a��erna�e xnartgage insurer�e�ected by I�ender. If substan.��a�� equivaient Nlor�gage In.surance coverage�s not available,Borro�er shall cont�nue to pay�o I�ender�he amount of the separa�ely de��gnated paymen�s f�.a�were due v�rhen the insuTance coverage ceased�o be in effect. Lender vcrx.�i accep�, us�and reta.in these paymen�s as a non-refundable loss reserve i�.��eu of Mortgage In.suran�e. �uch lass reser�re��.a11 be nonwrefunda.b�e, notwi�hstan.d�ang the fact that�he Loar�..is u�tima�ely pa�d�n ful�, and Lender shall not be required�o pay Barravver an� interest ar earnings on such�oss reserve. Lender cax�.�.o�ax�ger require�oss reserve paymen�s�f Mor�gage Insurance co��rage�in the amoun�and for the per�od that Lender requires}provi�.ed by an ix�surer seleeted by Lender again �ecomes a�ai�ab�e, �s obtained, and Lender requires separate�y designated payments tov�rard the premiums far Mortgage Insuran.ce. �f Lender requir�d 1Vlort�age Insurance as a�ond.Y�ion of xn�king the Laan and Borrower was required to make sepaxa�e�y designated payrnents�oward�he premiums far Mar�gage Insurance, Borro�er s�.ai�pay t�.e premiuxns required ta maintai.n.Mortgage In�urance in effect, or�o prov�de a non-refundable loss reserve, un�il Lenderr s requ�rernen�for Mar�gage Insurax�ce e�.ds in accorda�.ce�rx�h.any writte�agreemen�betvveen Borro�ver and Ler�der providing for such termin.a�xon or un�il termina�.an�s required by Applicab�e La�r. Na�ung in xhis Sec�xon 10 affec�s Barrower's obligatxon to pay in�eres�a��he rate prov�ded in the No�e. Martgage Insu.rance reimburses Lender�ar any en�i�y�hat purchases�he Note} for cer�ain Iosses��may incur �f Borrov�er daes not repay the Loa.n as agreed. Borrower is na�a party to�.he Mar�gage Insurance. Mart�age i�.surers evalua.xe their�o�al risk on ax�su�h%nsuran.ce in force from time to�ime, and may enter inta agreements with ather part�es�hat share or mad�fy tiheir risk, ar reduce�osses. These agreements are vn terms ax�.d cond.it�ons �hat are satisfactory tio tihe mortgage insurer and fih.e ather par�ty�or part�es} to�hese agreemen�s. These ag�reements may requare the mor�gage insurer ta make payments using an.�source af funds�hat�la.e mortgage in.surer may ha�re available�vFrhich may inc�ude funds ab�ain.ed from Mor�gage In.surance premiums}. �s a result of fihese agreemen�s, Lender, any purchaser of t�he No�e, another insurer, any r�insurer, an�other en�.�, or any affii�ate of any of�he faregoing, xnay recexve�direc�ly or i.n.direc�ly�amounts tha�der��e fram�or migh� be characterized as}a portian of Borrower's payments for Morxgage Insurance, in exchange for sh.arin.g ar m�di.fy�ng the mortgage insurer's rxsk, or reducing 1�sses. If such agreemen.t pro��des�hat an affiiiate of Lender�es a share �f the insurer's rxs�in exchange far a share af the prenaiums paaid to�ie insurer, the arrangement is often term�d "eaptive reinsura�ce." Further: [a} Any such agreements wil.�. not affect the amounts that Borrower has agreed to pa� for Mor�gage Insurance, or any other terms of the Loan. Such agreements will not�ncrease the amount Bnrrower will owe for Mortgag�Insurance, and they wilI not entitxe Borrower to any refund. (1a} Any such agreement�s vvill not affect the rxghts Borrower has -if any-with respeCt t�the Mortgage Insurance under the Homeowners Protect�on Act of 1998 or an�other�aw. These r�.ghts ma�include the ri.ght to rece��e certaYn disc��sures, to request and obtain cancellaiion of the �ortgage Insurance, to have the ll�i�rtgage Insurance termiaated automat�cally, andlor t�rec�rve a refund of any Mortgage Insurance premuiums that were unearned at the t�me of such cancellation or terminat�on. 11, Assignment of Miscellane�us Proceeds;Forfeiture. ,AI�Misce��aneous Proceeds are hereby assigned�o and sha��be pa�d to Lender. �f fi,�.e Property is d�maged,such Mxscexxaneous Proceeds shall be app�ied�o res�oration or repair of the Praperty, if the res�ora�ion or repa�r is ecan.am�cally feasible and Lendert s securi�y is not xessened. Dur�ng such repair and re�toration per�ad, Lender sha�� have �he right to hold such Miscellaneous Prnceeds un.t�l Lender has had a�. op�artu�uty ta i�aspec�such Property�o ensure the�vork has been completed to Lender's sa�.sfaction, prav�ded tha.t such in.spec�ion sha��be u�dertaken promp�l�. Lender ma�pay for the repaus a�.d restora�ion ua.a single di.sbursement or in a ser�es of progre�s pa�men�s as th.e wark xs cv�mplered. Uniess an agreement is ma.de in wri�ing or Applicabxe Lav�requ.�res interes�to be paid on sueh M�scellaneous Proceeds, I�ender shall not he requ�.red to pay Borro�er any interest or ea.rni.ngs an such Mxsce��aneous Proceeds. If the res�ara�xon or repair xs no� econar�ucal�y feasible ar Le�.der's security�rou�d be lessened,the M�scellaneous Pro�eeds sha�l be appx�ed�o�.e sum.s secured by this Secur�ty Ins�umen�, whether ar not th.en due, ��fi.�.�he excess, if any, paid to Borrawer. Sueh Miscel�aneous Proceeds sha1� be app�ied in the order pra�ided for in Section 2. NEBRASKA Single Family�-Fannie MaelFreddie Mac UNIF4RM ICVSTRuIVIENT � 1111IERS ��r��C Fomn 302$ �I1D'� Page 8 of 'I5 w�+v�.afvcrrragic.co� � . , .� , � �