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��14��59� con�inue to pay to L.�nder th�amount of�he separa�e��r des�gnated payment�that�ere due when t�.e insurance co�erage ceased to be in effec�. Lender wil� accept, use and retain�hese payments as a nan-refundable loss reser�re in�ieu of Mortgage Insuranc�. Such loss rese�rve sha11 be nan-refundab��, no�withs�andin�the fac��hat the Loan is ultimately paid in full, and Lender sha�l not be requir�d�o pay Borrower any �n�erest or earn�ngs on such loss reserve. Lender can no longer requ�re loss reserve payments �f Nlor�gage Insurance co�erage��n the amoun�and f�r the peri�d that Lender requires}pro�v�de�.�� an �nsurer se�ected by Lender again becomes a�ai�able, is obtain�d, and Lender requ�res separately d�si�nated pa}�men�s t�ward the premiums for Mo�-�gage Insurance. �f L.�nd�r required Mortgage�nsurance as a condi��on of making the Loan and Borrower was required ta make separately des�gna�ed pa�ments �ovvard��e prem�um.s for Mor�gage�nsurance, Borrower sha�l pay �h�pr�miums required to naa�n�ain Mor�gage �nsurance in effect, or�o pro�ide a non-refundable��ss res�rv�, un�i1 Lender's requ��remen�for Mortgage Insurance ends in accordance w�th an�writt�n agreemen�between Borrower and Lender pro�iding for su�h �erminat�on�r unt�l term�na�ion�s requ�red by Appiicable Lavv. Na�hing �n�his Secti�n ��affec�s Borraw�r's obl�gat�on�o pa�r in�eres�a� �h�ra�e pr��vide� in the Note. Mor�gage Insurance reimburses Lender�or any en�i�� tha�purchases the No�e} fflr cer�ain loss�s it may incur i�`Borrow�r does not repay the L.oan as agreed. Borrower is not a party to�he Mor�ga�e Insurance. Mor�gage insurers e�aluate their total risk on a�i such�nsurance in force fr�m t�rne�o�ime, and may en��r into agreem�nts w�th other par��s that share or modify their risk, or reduce l�ss�s. These agr��ments ar��n ��rms and cflnd�tions that are sat�sfact�ry to�he mortgage insurer and�he nther par�� r par�ies} to�hese agre�men�s. These agreernen�s may require th�m�r�gage insurer to make payments using any sour�e�f funds �ha�the mor�gage insurer rna�r ha�e a�ra��a�le�wh�ch may inc�ude funds nbta�ned from Mor�gage�nsurance premiums}. As a resu��f��ese agreemen�s, Lender, any purchaser of�he Note, another insur�r, any r�insurer, any�ther en�it�, ar any af�l�ate af an�of�he foregoing, may receive�d�rectly or indirec�iy� am�unts that derive from �or might be charac�erized as} a porti�n of Borrower's pa�ments for Mor�gage�nsuran�e, in e�.change far sharing or m�od�f��ng the mor�gage�nsurer's risk, or reducing losses. �f such agreemen�pr��ides�hat an af�Iia�e of I.�:nder takes a share of the�nsurer's rzsk in exchange for a share nf�he premiums paid to the �nsurer, the arrangemen��s af�en�ermed "captive reinsurance." Fur�her: �a� Any such agree�m.�n�s wiil n�t affe�t the amounts tha�Borrower has agreed to pa�for Mortgage In�urance, or any o�her term�of the L�an. Such agreements w��l nat�ncrease th�amvun� Barrower w��awe for Mor�gage Insurance, and#hey w�l�no�entitle Borrower to any refund. �h3 Any 5uch agreenlen�s will not affect the rights Borrower has-��f any -v�vith r��pec��o the Mor�gage Insurance under the Homeov�ners Pra�ection Act of 199� or any other law. These rights may�nclude�he righ��o r�cei�e cer�a�n d��c�osur�s, �o request and ob�ain cance�lat�on of the Mortgage Insurance, ta ha�e the Mortgage Insurance�erm�na�ed au�amatica�iy, andlor to recei�e a refund af any�Vlortgage Insurance premiums�hat were unearned at the t�me af such cance��ation or�erm�na��on. ��. Ass�gnment af tV�isce[[aneous Pro�eeds, Forfeiture. A�1 Miscellaneous Praceeds are hereby assigned to and sha��be paid to L,ender. If the Proper�y is damaged, su�h Miscellaneaus Proceeds shal�be app��ed to r�stora��on or repair of�he Proper�yy if the res�orati�n ar repair�s economica�iy f�asibie and Lend�r's security is na��essened. During such repair and restorat��n perz�d, Lender shall ha�e�he ri�ht to hald such Miscellaneous Pro�e�ds unt�l L�nder has had an oppor�unity�a ins�ec� such Praperty�o ensure the work has been comple�ed �o Lender's NEBRASKA-SingEe Famity-Fannie Mael�reddie Mac UNI��RM tNSTRUMENT �arm 3D28�1�'� VMP[�; VMP6�N�S{13�23 Woft�rs Kluwer Financiai 5er�ices Pag�9 af'i 7