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��14�443� <br /> con�inue�o pay ta L.ender�he amoun�of the separate��designat�d paymen�s tha�were due when the <br /> �nsurance ca�verage ceased�o be in effect. Lender v�i�l accep�, use and retain�hese paym�nts as a <br /> non-refundable Iass reser��in�ieu flf Mnrtgage insuran�e. Such�ass res�r�re shall be nan-r�fundab�e, <br /> notv���hs�and�ng the fac�tha��he Loan is u�t�ma�ely paid in full, and Lender shall n�t be required�o pay <br /> Barrower any �nteres�or�arnin�s on such l�ss reserve. Lender can no �on�er require Ioss reserve pa�men�s <br /> if Mor�gag��nsurance co�erage��n�he amount and for the per�od tha� Lend�r requires}prav�ded by an <br /> insurer selec�ed by Lender aga�n becomes ava�labie, is o�ta�ned, and Lender requ�res separately designa��d <br /> payrnents toward the prem�ums for Mor�gage�nsurance. If Lender requ�re�. Mor�gage Insurance as a <br /> eond��ion af mak�ng the Laan and Borrower was required to make�epara�e�y designated paymen�s toward th� <br /> premiums far N�or�gag�.Insurance, Borrower shall pa��he pr�miums required�o maintain Mor�gage <br /> �nsurance in effect, or to pr��ide a non-r�fundab�e loss reserve, until Lender's requiremen�for N�or�gage <br /> Insurance�nds in accordance w��h any wr��t�n agreemen�betwe�n Bflrravver and Lender providing for such <br /> termina�i�n or un�i� �ermina�ion is requ�red by Applicable Law. No�hing �n�h�s Sec�ian �.0 affects <br /> Borrov�►ler's obligation�a pay in�erest at th�rate provided in the Nate. <br /> Mor�gage�nsuran�e reinZburses Lender�or any entity�hat purchases the Note} far cer�ain iosses i�may incur <br /> if Borrow�r d�es not r�pay�he Loan as agr�ed. Borrovver�s not a party�o the 1Vlortgage �nsurance. <br /> N�ortgage insurers e�va�uate�heir total risk on all such insurance�n f�rc�from t�m�to ti�t�.e, and may en��r <br /> in�� agreements w�th o�her par��es that share or modify their risk, or reduce losses. These agreements ar�on <br /> terms and�ond���ons tha�are sat�sfac��ry ta the mor�gage �nsurer a�nd�he other par�y �or par�ies}�o�hese <br /> a�r�emen�s. These agreements xna� require the mor�gage insurer�n make payments using any source of funds <br /> that the martgage insurer may ha�e ava��able�wh�ch may include funds obtained from Martgage�nsurance <br /> prem�ums}. <br /> As a result of��aese agreements, Lender, any purchaser of�he Nflte, an��her insurer, any reinsurer, any�ther <br /> entit�, or any af�l�ate of an�of the foregoing, m.ay receive�d�recC�y or�ndirec��y� amounts�ha�der�ve from <br /> �or rnught be charac��rized as} a por�ion af Borro�er's paymen�s for Mar�gage�nsurance, in ex�hange for <br /> sharing or mod�f��ng�he mar�gage insurer's r�sk, ar reduc�ng ��sses. �f such agr��men�pr�vides tha�an <br /> af#i�ia�e of Lender takes a share of�he�nsurer's risk i�exchange for a share of�he premiums paid to�he <br /> insurer, �he arran�ement�s often�ermed "capti�e reinsurance." Fur�her: <br /> �a3 Any 5uch agre�men�s w�Ii na�affQct th�amounts tha�Borrower has agreed�o pay for Mar�gage <br /> Insurance, ar any�ther terms of the Loan. Such agreemen�s wi�l not increase the amount <br /> Borrow�r wi�l owe for Mor�gage Insurance, and they wi�l no�entitle Borrower to any refund. <br /> t h� Any such agreements w�il not�ffec#the rights Borrower has�if any-with respect to�he <br /> Martg�ge Insurance under the Homeowners Pro�ec��on Act of 1998 or an�other�aw, These righ�� <br /> may inC�ude the r�gh��fl rece��e cer�ain disc�o�uress to request and obta�n cancelia�i�n af the <br /> IVI�r�gage Insurance, �o have�he�Vlortgage Insuran���erm�na�ed automa�icallys andlor to rece��e <br /> a refund of any Mor�gage Insurance premiums that w�re unearned at the�ime of such <br /> cance�lation�r terminat�on, <br /> 't'1. Ass�gnm�nt of Nlisce[[anevus Proceeds; Forfeiture. A�� M�scellaneous Proceeds are hereb}� assigned tfl <br /> and sha��be pa�d to L.ender. <br /> If�he Proper�y is damaged, such Misce�lan��us Proc�eds shal� be app��ed to restora�ion or repair of the <br /> Proper��, �f th�restoration or repair is ec�nomicall�feas�ble and Lender's s��urit� is no��essened. During <br /> such repair and restorat�on per�od, Lender shall ha�e th�right ta ha�d such N�iscelianeous Praceeds untii <br /> Lender has had an opp�r�unity�o �nspec�su�h Proper��to ensur�the wark has been compl�ted ta I.�nder's <br /> NEBRASKA-5ingle Family-Fannie MaelFredciie Mac UNIFORM�NSTRIJM�NT �orm 30Z8 11�'� <br /> VMP[� VMPfitN�f(13023 <br /> Wolters Kluwer�inancial 5er�ices Page 9 af'!7 <br />