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��14�513� �on�inue to pa� �o Lender the am�unt of the separately des�gna�ed payments�ha�w�re due�vhen the insurance coverage cea�ed ta be�n eff�ct. I.�nder wi�l ac��p�, use and re�ain�hese payments as a non�refunda�ie loss reser�e in��eu of Mortgage�nsuranc�. Such loss reser�ve sha11�e non-refundabl�, n�t�i�hstanding the fac��hat the L�oan is u�t�mate�y paid �n fu�l, and Lender sha�� not be required ta pay Borr�w�r any �nterest or earnings an such�os�r�serve. Lender can na �onger r�quir��ass reser��payments zf Mortgage �nsurance coverage�in the amaunt and far�he per�od tha� Len�er requires�provided by an �nsurer s�lec�ed by Lender again becomes available, is obtain�d, and Lend�r require� s�parately des�gna�ed payments toward th�prem�ums for Mor��age �nsurance. If Lender required N�ar��ag��nsurance as a cond��an flf mak�n��he L�an and Borrawer�vas r�quired�o make separateiy designa�ed payments�oward the premiums f�r Mor�gage�nsuran��, Borrower shall pay�h�premiums r�qu�red to maintain Mor�gage Insurance in eff�c�, or to pro�ride a non-refundab��l�ss reserve, un�� Lender's requiremen�for Mor�gage �nsurance ends in accordance wi�h an�r writ��n agreement betwe�n Borrower and Lender pro�r�d�ng for such �ermina��n or until terrn�na�i�n�s required by Appii�able Lav�. N�thing �n�h�s Sec�ian ��affects Borrow�r's��iga�i�n to pay in�eres�at the rate pro�ided in the No��. Mar�gag� �nsurance re�mburses Lender�ar any entity tha�purchas�s the N�te} for cer�ain�asses i�may incur if Borr�wer dfles not r�pay�he Loan as agre�d. Borrow�r is no�a party t��he Mor�gage Insurance. N�or��ag��nsurers e�valuat�their�otal risk on a�� such �nsurance in farce from�irne�o time, and may en�er �n�o agr�emen�s w��h other par�ies that share or madify�he�r r�sk, or reduce�o�ses. These agreemen�s are on ��rms and condi�ions tha�are sat�sfactory to the mortgage�nsurer and the other par�y ��r parti�s� to these a�r�ements. These agreements may require the mortgage insurer�o make pa�rments us�ng any sour�e�f funds �ha�the mor�ga�e insurer may have a�aila�l��which may include funds obtained fr�m Martgage�nsurance premiums}. A�a r�su�t of these agr�ements, L�nder, any purchaser�f the Note, another insurer, an�re�nsur�r, an.y other entity, ar any affiliate flf any of the foregoing, may rec�ive�directly ar indirec�ly} amaunts�hat derive from �or might�e characterized as} a p�r��fln of Barr�wer's pay�nents for M�r�gag�Insurance, in exchange for sharing or mod�fying the mortgage �nsur�r's r��k, �r reducing�osses. �f such agreement pravides that an af�Xia�e of L,ender�akes a share of the insurer`s risk �n ex�hange for a share of the prem�zums paid to �he znsur�r, the arrangement zs aft�n terrned "�ap�i�e rein�uranC�." Furth�r: �a3 Any such agreemen�s wil�no� affect the amounts�ha�Borrower has agreed to pay fvr Mortgage Insurance, vr any a�her�erms af the Loan. Such agreemen�s w��not increase�he amount Borro�c�ver w��owe for Mor�gage Insurance, and�hey w�Il na�en�i�le Borrower�o any refund, t�a� Any such agreements wi��no� affec��he r�gh�s Borr�wer has-�f any -w��h respect��he M�r�gage Insurance under the�Iomeowner5 Protec�ion Act of 1998 or any o�her Iaw. These rights xnay �nc�ude�he r�ght�o recei�e cer�ain di5closures, �o reques�and ob�ain cancella��on of the Mortgage Insurances to have the IVlortgage Insurance term�na�ed au�omati�a�Iy, andl�r ta receive a refund of any Mar�gage Insurance premiums tha� were unearned at�he t�me af such can��iia�ion ar terrn�na�ion. 't�. Ass�gnment �f Miscellanevus Prviceeds; Forfe�ture, AI1 N��sce�lane�u� Pr�ceeds are h�r�by assigned�o and sha�� be pa�d�o Lender. �f the Propert� is damag�d, such M�scellaneous Praceeds sha��be applied t� restarati�n�r r�pair of�he Pr�perty, �f the re�tora�ion or repair�s economica��y feasible and I.�nd�r's securx�y �s nat�ess�ned. During �uch r�pa�r and res�orat�on period, Lender shal� ha�v�the righ�to hald such Misce�laneous Proceeds un�il Lender has had an�ppflrtunity ta insp�c�such Property to ensure�h�work has been campleted to Lender's N�BRASKA-5ingte�arnily-Fannie Mael�reddie Mac L1Nt�QRM�NST#�UMENT �arm 3028'i107 VMP� VMPfitNE}t1302f Walters Klt�wer Fin�ncia!S�r�iCes Page 9 pf 17