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��14��57� cantinu�to pay�o L�nder�he amount of�he separately designated pa�men�s that were due when�he �nsurance co�erage ceas�d to be in effect. Lender wi�l accept, use and retain�hese pa�ments as a n�n-refundable loss r�serve in lieu of M�r��age�nsurance. Such�oss reserve shail be non-refundab�e, notwiths�ar�ding�he fac��ha��he Loan�s u�tima�eiy pa�d �n full, and Lender sha11 not b�requ�red to pay Barrower any int�rest or earn�ngs an such Iass reser�e. Lender can na �on�er re�u�re�oss reser�e payments if Mor�gage Insurance�overage tin the amount and f�r�he per�od tha�Lender requ�res}prov�ded by an insurer selec�ed by Lender again�ecomes a�ailable, is obtained, and L�ender requires separately designa�ed payments�oward�h�premiums f�r M�r�ga�e Insurance. �f Lender required Mor�gage Insuranc�as a conditian af making �he Loan and Borro�rer was required t�make separa�ely d�s�gnated payments toward�he premiums for Mortgage�nsurance, Borrower shall pa��he prem�ums required�o mainta�n Mor�gage �nsurance in effec�, flr�o prav�de a non�refundable l�ss reser�e, unt�� Lender's r�qu�remen�for Mar�gage Insurance ends �n acc�rdance with any written agreem�nt between Barrov�er and L.ender praviding f�r such �erm�na�ion or until �ermination�s requ�red�y App�icable Law. Nothing �n this S�ction 14 affec�s Barrower's ob�iga��nn f�pa�interest at the ra�e pravided �n the N�te. Mor�ga�e�nsurance r�imburs�s Lender�or any ent��y that purchases�he No�e} far cer�ain X�sses x�nzay incur if Barrawer daes not repay�he Loan a�agreed. B�rrower is n��a par�y to the M�r�gage�nsurance. Mortgage insurers e�a�uate their tota� ri�k on all such insurance�n fnrce from�ime�o�ime, and may enter in�o agreemen�s wi�h a�her par�ies that share ar madify�he�r r�sk, or reduce Iosses. These agre�ments are on terms and conditions that are sat�sfactory to�he mor�gage insurer and the�ther par�y �or par��es} �o thes� agreements. These agreements�may requ�re the mortga�e insurer to make payments us�ng any source of funds that the mar�gag�insur�r ma�ha�e a�ailable�wh�ch ma� inc�ude funds ob�ained fram Mor�gage Insurance prem�ums}. As a result of these agreements, L.�nder, any pur�has�r of the Nate, annth�r�nsurer, any reinsurer, any ather en�i�y, or any aff�l�ate�f any of�he foregoing, ma� receive�d�rec��y�r�nd�rect�y} amoun�s�h.at derive frflm �or mi�h�be characterized as} a p�rti�n�f Borr�w�r's pa�rmen�s for Mortgage�nsuranc�, in e�chang�for sharing or m�adify�ng the mor�gage�n�urer's r�sk, flr reducing �osses. If such agreement provides that an af�lia�e af Lender take�a share of�he insurer's risk in ex�hange fflr a share of the pr�miums pa�d�o��e insurer, the arrangem.ent is often termed "captive r�insurance." Fur�her: �a} Any such agreemen�s wxll no� aff�c�the amounts�ha�Borrower has agr�ed to pay for Mortgage Insurance, or any ofiher ter�ms of�he Loan. Such agreemen�s wii� not in�rease the amount Borrower w�l�owe for�ortgage Insurance, and they wili not ent��e Borro��ver tv any refund, �b 3 Any such agreements��v�il no�affec��h�r�gh�5 Barrower has�if any-�with respect to the �Vi�r�gage Insurance under the IIameowners Protec�ian Ac�of 1998 or any other�aw. These r�gh�s may inc�ude�he righ�to receive certain disclosures, to request and abtain cance��at�on of the Mnrtgage Insurance, �o have the Mor�gage Insurance term�nated automa��a�ly, andlor�o re�e��e a refund of any�Vlortgage Insurance premxurns tha�vWere unearned at the time vf such cancellation or�erm�nat�an. �'i. Ass�gnment ❑f Miscel�aneous Proceeds; Farfe�ture. A�� Miscel�aneous Pr�ceeds are hereb� assigned�a and shall b�pa�d �o Lender. If�he Prop�r�� is damaged, su�h Miscellane�us Proceeds shal�be app��ed�o restaration or repair of the Propert�, if the restora�ion or repair is ecanom�cal�y feas�b�e and I.�nder's s��uri�� is no��ssened. Dur�ng such repair and res�oration per�od, L,�nder sha��have the righ��hnl�.such Misce��aneous Proceeds until Lender has had an opportunity tfl inspec�such Proper�� o ensure�he v�rork has been completed to I.�nder's NEBRASKA-Single F�mily-Fannie Mael�reddie Mac UN��ORM 1NSTRUM�NT �vrrr�3�28 1141 VMP Q VMP6{NE�{134�y Wvlters Kluwer Finar�cia!5er�ices Page 9❑f 17