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+ <br /> . ' <br /> � <br /> . e r i � � '1 � ��14�4355 �� +��+ � <br /> � � � � � <br /> 4 <br /> 7 <br /> co�atir�t�e�tio�ay�a Lender t�1e amo�.xn�of t�e separa�ely des�g��.�ed paymen�s that wet e due�hen th� <br /> � �nsurance eov�ra�e ce�.sed to be in effec�. Lender wi11 accep�, use a�d�e�ai�l these p�.ymen�s as�. <br /> � rlan�ref��ndable loss�•ese�•v�ir�lieu of Mo�,�g�:ge Ir�st�rance. 5�.��h loss reserve s�1a11 be non�refunda�ble; <br /> . <br /> no�v�i�hstandi�lg�h�fact�ha�t�e Loan is u1�i�nate��paid in fL�II, �t�d Lenc�et•s�a�1 no��e rec�L�i�r�d�a pay <br /> Borrov�et•any�ntei•es�a�•earnings an such loss�esetive. Lender car�no Ior�ger requi�•e lass t•ese��ve payments <br /> y if Mor�gage Insurat�ce caverage�in�he amoun�an�.f�r�l�e pei��o�.��1at Le�dex�requ�res}p�ovzded b�an <br /> i�lsurer selec�ed by Lender aga�tz��comes availal��e, is obtai��ed, and Lende�re�uires se�a�•a�ely c�esig��.ted <br /> �ayments towarc�th�premiums for Mot��gage T��su�ance. T�'L�tlder��ec�uif�e�.Mor�gage Insur�.nce as a <br /> condii:ion of ma��ing t�e Loa�and T3o�•�•ower�vas�eni�it ed to m�.1�e s�parately designated�ayments�o�ard the <br /> ��emium�fo��Mor�gag�Insux�at�ce, Bot�rov�er sha17 pay the p�emiL�ta�s�•equired to ma�l�tain Mortigage <br /> I�1sur�nc�ira effe��, or�a p��ovic�e a nanrrefu�da�ble�oss reser�ve, uritil Lende�'s t e�u�ire�l��n�f��•Mortgage <br /> Znsurance e��ds in accordance v�it��any wri�tetl ag��ee�nei�t be�ween I�ott��v�e��a�ad Lende�praviding for sL�ch <br /> �et�mtna��on or until te�inir�atio�.�s x�ec�uire�by Applicable La�v. No�hing i���his Section�.D�ffec�s <br /> . Bor��ower's obiiga��at��o pay i�.�eres�a��1�e z;�.�e pro�ided in�he No�e, <br /> Mor�gage Insl��a�ce r�i��burses Lendet��or�.n�r er�ti�y�ha�purchases the No�e} fo�•cer�ain lasses��may iticut• <br /> if Bot�rov�er does��o�repay�he Loan�.s agreed, Bo����o�ver is t1o�a pati�y to�he IVlortgage Tnsurance. - <br /> Mor�gage���s�.�rers e�a1L�a�e�heir�o�al��islf on a11 sueh insut•a��ce in force f��on�.ti�me�o titne, an�.may en�:��� <br /> rnta ag�•ee�nen�s with o���er�at��ies that s���.t•e ot•modify�heit�x•�s��, or��edL�ce losses. Tl�ese agreements a�•e an <br /> tertns a���canditiatas t�a.�at•e sa�isf�.���t•y 1:a f:h.e mortgage ix�s�.��er at�d the o�her party��r par�ies}to ti�rese <br /> agree�ne�.�s. These�.gree�.�er�ts may reqL�ire�Ile mortgage insui�e��f.o xna��e paymef�i:s usi�lg any soux�ce of f�.�nds <br /> that the�nor�gage i�asL�rer may have availab�e�vv���cl�rnay i�1c�u�e fun�s o�tair�ed f��o�n Mor��gage rns�i��:nce <br /> premiunls}. � ' <br /> As a resu��of tl�ese ag��eenlel�ts, �.ender, any purcl�aset of�he No1;e, �.�other insure��; any reinsuret�, a�.�r o�he� � <br /> �n�i�y, o�•.any affilia�e of ail�of i.��e forego�tlg, may rece�ve(��rec�ly or�ndireci:ly}ar�ioL�tlts��a�t der�ve fi:om <br /> �or m�.gh�be �hat•ac�erize�.as�a partiotl of Borrow�r's paymen�s for 1VIot•tgage I�s�xi ance, i�exc�aange fo�• <br /> shat,ing at•modifying��Ze moi�gage ins��rer's t�is��, or�•ec��.�cing Iasses, If suGh�.gr�en�en�pt�a�ides�hat an <br /> afFiliate of Le�der�a�{es a shaa�e af tl��insurer's risl��n excl�ange for a share of�he p��etlliums p�:i�.�o the <br /> insur�r, ���e arra�gemen�is of�en�ertned"c�.ptive�ei��surance." Tur���er; <br /> �a} A►.n�suc��n�reemen�s wiil na�affec��lie amaunts 1:ha�I3orrower h�s a�reed�a pay for Mar�ga�� <br /> lnsur�nce,. ar any o�her terms of the Lon��.. �u�h a�reemeii�s will nat xncx•en�e the amount <br /> I3orrawer wi�l owe for Ma�°�g�g�Insurance, ai�d i:��.ey�vv�l�na�en�it�e 13orrower to�ny refi�nd. <br /> �b} Any suc��agreeme�xts will not nffect�he rights I3arrower has�-if any�wi�h respect to���e <br /> Mort��►ge Insurnnce ur�der�lie I3omeowners Pr���ctian Act of 1�98 or�►ny a�her�nw. The�e righ�s <br /> m ny include the rig�i��o re�eive cer�a�n discYflsures, to reques�a��.d ab�axn cax�cell�tioz�of the <br /> Mor�gn�e Instzrance, �o��.�ve the Mor��age I3isu���.nce termx�a��e��u�oma�icnlly, andlor�o receive <br /> n refund of nny Mor�ga�;e Insuraiice premiums�hn�were une�rned�t��ie time of s�cl� <br /> c���cell�tior�or�ermination. <br /> '�'I. Assignment 4f �iscellane�us Pr��e�ds, Farfei�ure. A11 IVliscella�aeous P�•ocee�� a�re�Z�1�e�y assigi�ed ta <br /> a�c�shall�e paid.�o I�e�de��. <br /> Tf�h�Propet�y is c�atnaged, such Misc�l�aneou�P�•aceeds shal�be appl�ed ta t•es�oi•atioi��t�t•epait•of the <br /> Praperty, �f�h�r�sta��ation o��z4epai�•is eco��o�r�ica�ly Feasi�Ie a.nc�Le17de�'s secL�rity is�aoi.�esse���d. Du���1g <br /> s��ch repair�.��d�•estoX•ation period, Le�1�er sha1l��a�e the��igh�ta hold s�.�ch Miscellatleous Proceeds un�fl <br /> Letac�er l�as h�d�.ri oppor�ut�i�y to inspec�sL�ch P�•oper�y�o���s�.�re�he wor��1�as��ei�con�ple�:ed to Le�ade��'s <br /> � 9a�35246T�4TT <br /> N�BRASKA-Singla�amily-�annie Mael�red�ie Mac[JNI�flRNi INS'fR�M�NT Form 3fl28�l�� <br /> VMP� VM P��NE��1�05} <br /> V1lalters Kfuw er Financ�af 5a�vices �age 9 of�7' <br />