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��14�4�SS continu�to pay t� Lender the am�un� of�he separatel�des�gna�ed pa�ments�hat v�r�re due vvhen the insurance��erage ceased to be in effect. Lender will acc�p�, use and retain�hese paymen�s as a non-refunda�b�e�oss reserv�in I��u of N�or�gage�nsurance. Such loss reserve shall be n�n�refundahle, n�twithstand�ng�he fact that the Laan is u�timate�y paid in fu�l, and Lender shatl not be required to pa� Borrower any in�eres�or earnings on such�oss reser�e. Lender can no l�nger requ�re�oss reserve paymen�s �f Mor�gage Insura�ace coverage��n the amoun�and f�r�he period tha� L.ender requires}pro�ided by an insurer selected by Lender again becomes a�ailable, is obta�ned, ar�d Lender requ�r�s separatel�des�gnated pa�m�nts t�ward the prernium.s for Mor�gage Insurance. �f Lender required Mo�gage�nsurance as a condition of mak�ng the Loan and Borrovver was requ�red�o make separately des�gnated paymen�s tav�ard�he premiums for Mar��a�e�nsurance, Borrawer shal�pay the pr�miums requ�red ta main�ain Mortgage �nsurance�n effect, or to pr�vide a non-refundab�e�oss reserve, until I.ender's requiremen�far Mortgag� Insurance ends in accardance vvith any vvri�ten agreeme�t b��we�n Borr�v�er and Lender pro��d�ng for such termina�in�or unr�l termination is requ�red by App�icable Lav�. N'�thing in�h�s Sect��n ��affect� Borr�wer's ab�igat�an to pay interes�a�the ra�e pro�rzded�n the No�e. Mortgage�nsurance reimburses L.ender�or any enti�y that purchases�he No�e} for cer�ain losses it ma� incur if Borrower does n�t repay the Loan as agreed. B�rrnw�r�s n�t a par�y�a�he Mor�gage�nsurance. Mor�gage insurer�e�ralua�e the�r totai risk on all such �nsurance in force fr�m t�rne�o t�me, and may enter in�o a�reements wi�h�ther par�ies�hat share or modify�heir risk, or redu�e losses. These agreemen�s are on terms and�ond�tions tha� ar�sa�isfac�ory to the mor�gage insurer and�he nth�r par�y ��r par�ies} tfl�hese agreements. Th�se agreements ma�require the n�or��age insur�r to make paymen�s using any source of fixnds that�h�mortgage insurer may have a�a�Iable�which rnay xnc�ude funds abta�ne�fr�m Mor�gage�nsurance pr�miums}. As a result of these agreernents, Lend�r, an�purchaser of the Nnte, another insurer, any re�nsurer, any o�her en��y, or any af�l�ate�f any of�he forego�ng, may recei�e�directiy or�ndirec�ly} amoun�s tha�deri�e fronz �or n�ght be characterized as� a portion of Borr��er's paynzents for Mor�gag� �nsurance, in e�Ghan�e for sharing or�m.odify�ng the mar�gage insurer's r�sk, or r�ducing �asses. If�uch agreement pra�ides tha�an affi�iate of L�nder tak�s a share of�he insurer's risk in exchange for a share af the prem�ums paid�o�he �nsurer, �he arra.r�gem�en�i�often termed "captiwe reinsurance." Fur�her: �a� Any such agr�ements�v��no�affect�he amounts tha� B�rrawer has agre�d to pay fvr�Vior�gage Insurance, or any o�her t�rms af�he L�an. Such agreements wili nflt�ncrease the amaun� Borrower vv��owe for�or�gage Insurance, and they will not en��le Sorrower�o any refund. �b� Any�uch agreemen�s w�l�no�affec�the righ�s Borrower has-if any -��vi�h respect to�he Martgage InSurance under the Ilomeowners Pratection Ac�of 1998 or any o�her law. These rights may inc�ude the r�ght�o re�eive cer�a�n disc�osures, to request and o��ain cancellat�an of the Mor�gage Insurance, to ha��he�Vlor�gage�nsuran�e�erminated autamatica�ly, andlor ta rece�ve a refund af any Martgage In�urance premiums that were unearned at th��me vf such cance��at�on or termination. �'1. Ass�gnment vf 1'I�isce[�aneous Prviceeds: Fvrf�iture. All Miscelianeous Proceeds are h�reby assigned to and sha�l �e paid to Lender. �f the Prap�r�y is damaged, such Miscel�an�ous Proceeds sha�� be applied to res�oration or repair of�he P�-oper�y, if the res�ora�ian or repair i�econamicaliy f�as��e and Lender's securi�y is not�essened. During such repair and res��ration period, Lender sha�i ha�e�.he right�a hoi� such M�sce�laneous Proceeds unti� Lender has had an opp�rtunit� t� inspect such Pr�per�y to ensure�he work has been comp�e�ed to Lender's NESRASKA-5�ngle�amiEy-�annie MaelFreddie Mac UN�FDRM INSTR�M�NT �arm 3flZ8 11�� VMP� VMPfitNE}{�3p�} Wolte�s Kluwer Financial Ser�i�es Page 9 of t 7