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��14�� con�inue�a pay to L.�nder�h�amount of the separa�e��r designated payments that were due wh�n the insurance c�verage ceased�o be�n eff�c�. Lender will accept, use and re�a�n�hese pa�ments as a non-refundab�e Ioss reserve�n�ieu of Mor�gage Insurance. Such�oss reserv�shall be n�nWrefundab�e, notwi�hs�anding th�fact tha�the Loan is U�timate�y paid in fu��, and Lender sha��not b�r�qu�red�o pay Borrawer any interest or�arnings�n such loss reser�e. Lender can no Ionger require loss�-eserve pa�rments if Mortgag�Insurance ca�erage�in�he amount and for�he period�hat Lender requ�res}prov�d�d by a� �nsurer selected by Lender aga�n beComes avai�a��e, �s ahtained, and Lender requ�res separa�e�y des�gna�ed payments toward�he prem�.ums for MQr�gage Znsurance, If Lender requ�r�d Martgage�nsurance as a condi�ion of mal��ng�he Loan and Borrower was required��make separately�esigna�ed payments toward the prern�ums for M�rtgage�nsurance, Borrower sha��pay the premiums required�o ma�n�ain Mor�gage Znsurance in effect, or�o provide a non-r�fundab�e�oss reserv�, until Lender's r�qu�remen�for Mar��age �nsurance ends �n ac�ordance v�i�h any�rit�en agreement be�ween Borrower and I.�nder pro�riding for such termination or un�i��erminat�or��s required b�Appl��abl�Law. Nothing �n�h�s Section 10 affec�s Ecrr�v��er's�bliga��an ta pay �n�er�s�at��.e rate proy�ded in�he N��e. NCor��age�nsurance reim�urses Lender�or any ent�t�r that purchases the No�e} for cer�ain loss�s�t may�ncur �f gorrower does no�repay�he I..�an as agreed. Borrovver�s no�a par�y to the Mortgage�nsurance. Mortgage in�ur�rs evaiva�e�he�r tata�r�sk on ai� such insurance in force fram t�me��t�me, and may�nter in�o agreement�wi�h oth�r par��es that share or madify their risk, or reduce�osse5. These agreemen�s are an �er�ms and�ondi�ions�ha�are satisfac�ary t��he�mor�gage�nsurer and the o�her par�y�ar par��es}to these agre�men�s. These agreements ma�requ�re the mor�gag�insurer to make payments using any source of funds tha�the m�r�gag�insurer may have a�ailabie �which may include fu�ds ob�ained from 1V.Ior�gage Insurance prem.�ums}. As a resu�t of these agreemen�s, Lender, any pur�haser af�he Note, anather insurer, any reinsurer, any oth�r �n��ty, or any af��iat��af any of�he farego�ng, �nay rece��e�directly ar indire�tly} am�unts that derive frnm �or migh�be characteriz�d as� a portion of Borrower's paymenCs for Mortgage�nsurance, ��a e�.change�or sharing or modifying the mor�ga�e�nsurer's risk, or reduc�ng lasses. �f su�h agreem�.ent p�ovides�hat an, affi��ate of Lender�akes a s�are of�h� ��su�er's risk�n exchange for a share of the premiums paid�o�he`�� insurer, �he arrangemenf is often t�rmed "capti�e r�insurance." Fur�her: �a� Any such agreements w��not affQct the amaunts that Borrower�ias agr�ed ta pay for Mortgage Insurance, or any ather terxns of the Loan. Such agreements wi�i no�increase the amount Borrower wi�� owe far Martgage Insurance, and they w��n��ent�t�e Borrower to any refund. �b� Any such agreements wi�i not affect the righ�s Borrower ha�w if any-with respect to the Mor�gage Insurance under the Hoxneowners Protection Ac�af 1998 or any other�a►vv. These r�ghts may�nclude the right ta recei�e certa�n d�sc�osures, to ret�u�st and o�tain cance��ation�f�he �ar�gage Insurance, tv ha�e t��Vlor�gage Insurance terminated automatica��y, andlor�o receive a refund of any Mortgage Insurance premiums that were unearned at the time af suc�. cance�Iation or term�nation. ��. Assignment of Misce�laneaus Pr�ceeds; Fv�rfeiture. All M�scellaneous Pr�ceeds are hereby assi�ned�o an.d shal�be pa�d�a Lender. If th�Property is damaged, such M�sce��aneous Proceeds shai�be appl�ed�o res�orat�an or repair of the Prop�r�y, �f the res�nra��an or repa�r�s econ�mica�ly f�asib�e and L.�nder's security�s not iessened. Dur�ng such repa�r and res��ratio�period, L,�nder shal�have�he right tn hn�d such Miscellaneou� Proeeeds untx� Lender has had an opportunity�� inspect such Prop�rty to ensure�he work has been comple�ed ta Lender's N�BRASKA-Singie�amily-Fanr�ie Mael�reddie Mac UNI�QRM INSTRUM�NT ��rm 3�28 1101 VMP p VMPfi{NE3 t130Z� Woliers Kl�wer Financia!5er�ices Page 9❑f"17