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��14��745 payments taward the prem�ums for Mortgage Insurance,Borravver shall pay the premiums required to obtain c�verage substantially equi�alent ta the Martgage Insurance previously in ei�e�t,at a cost substantially e�u�valent tQ the cost to Barr�vver�f the Mortgage Insurance previau�ly in effect,from an alternate martgage insurer sele�ted by Lender. If sulast.�ntial�y equivalent Mortgag�Insuran�e coverag� is nat available,Borrovver shal�continue tfl pay tv Lender the amvunt of the separat�ly designated paym�nts that v�ere due when the insuran�,e coverage ceased to be in efFect.Lender will a�c�pt,use and reta,in these payments as a nan-refundable loss reserve in lieu of Mortgage lnsuranCe. Su�h lass reserve shall be non-refundable,not��ithstanding the fact that the Loan i s ultimately paid in ful�,and Le�der sha11 not be required to pay Borravver any interest or�arnings on su�h loss reserve.Lender�an n�longer require los�reserve payments if Mortgage Insurance�overage �in the amount and for th�period that l�ender requires}provided by an insurer sele�ted��Lender again�ecomes available,is ob�ried,ax�d Lender requ�res separately designated payments tflward the premiums f�r Mortga�e Insurance.If Lender r�quired Mor�gage Insurance as a condition vf mak�n�the Loan and Borrotiver was required to ma.ke separately designated paym�nts to��vard the premiums for Mortgage Insurance,Borravver sha�l pay the premiums required to maintain Mortgage Insurance in ef�ect,or to pra�ide a non-refundable Ioss rescrvc, until Lender's re�uirement fQr Mortgage Insurance ends in a��ardance with any v�rritten agreement betvveen Borrower and Lender prvvidin�for such terminati�n or until terminati�n is r�quired by App�icable Lav�. Nothing in this Secti�n 1�a�fec�s Bvrrower's abligatian to pay intere st at the rate pro�id�d in the N�te. Mortgage InsuranCe reimburses Lender�or any entit�r that purchases the Note}for certain losses it may incur if Barrow�r daes not repay the Loan as agreed.B�rra�ver is not a party to the Mort�age�nsurance. Mortgage insurers eva�luate their total risk on a11 such insurance in force from time to time,ar�d may enter into agreements u�ith other parties that share�r modify their risk,or reduce losses.Thesc agr�cments axe �n terms and conditians that are satisfactoryT to the mortgage insurer and the other pa.r�y�or parties}to tllese agr�ements.These agreements may require the mortgage insurer to make payments using any sour�e�f funds that the martgage insurer ma��ha�e a�ailable �vvhich may in�lude funds ob�ained frorn Mortgage Insurance premiums}. As a result�f thes�agreements,Lender,an��purchaser of th�Note,another insurer,any reinsurer,any �ther entity,or any afF'�liate�f any of the fareg�in�,may receive�directl�r or indirectly}amounts that derive from�ar might be�haracterized as}a partion af Borrov�er's pa�ments for Mar�gage Insurance,in exchange for sharing or modifying the mortga��insurer's risk,or reducing losses. If such agreement provides that an af�iliate of Lender takes a shaxe of the insurer's risk in exchang�for a share af the premiums pa.id to the insurer,the arrangement is�ften termed��Gaptive reii75ur�ilC�." Further: �A} Any such agreements wii� not affect the amount� that Borrower has agreed to pay for Martgage Insurance, or any ather terms vf th� L�an. Such agreem�nts wil� nat in�rease th� amaunt Borrower will awe for Mvrtgage Insuran�e, and they will n�t entitle Barrower t� any refund. (B} Any su�h agre�ment5 will not affect the rights Bvrrower ha5 - if any - with r��ect t� the Martgage In�urance under the Homeowners Frotection A�t �f 1998 ar any ather law. These right5 may include the right ta recei�e certain disclosure�, t� request and obtain Cancellation of th� Mortgage Insurance, to ha�e the M�rtgage Insurance terminated autamatically, andlar HCFG-Q0359 NEBRASKA-Single�amify-Fannie MaelFreddie Mac UNlF�RM INSTRUMENT �orm 3�28 1lD1 VMP� Q2114 Wolters Kluwer F�nancial Services 2�14�0104 1 0 28�5-J2�140429Y Page 9 of 17 *3�2550��4217� � � � � � � �