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��14�7�43 continue ta pay to�ender tbe amaunt of t�e s�p�rate�y designated pa�t�that weTe due when the insuranc�cav�rage ceased to be in effect. L�ndez�vill a�pt, u�e and retain these payn�nts as a nan refundable loss reserve in li�u vf Martgage Iusuranve. 5uch losa reser►ve sha11 be non-refundable, notwithstanding the fact that tbe Loan is ultimately paid in full, and Lender shall nat be required tfl pay Borrower any int�rest or earnings an such loss rese�.ve. L�nd�r can n�langer r�quire�oss reserve paymelats if Mortgage Insurance coverage(in the�nount and for the period th�t Le�der requires)pravided by an insure�r selected by Le�der a�in beoomes availabl.e, is obtained, aud Le�der t-�quires separate�y designaxed payrnen�s toward the preamiUms far Mor#ga,ge Ir�sura�ce. If Lende,�r required IVlor�gage Insuranve as a �onditian of making�he Lo�n and Barrower�cras required t�naake separate�y d�srgnated payme,nts toward the . pr�miu�xns for Mortgage Insurance, Borrawer shall pay the premiums required to maintain M�rtgage Insurance in effect, ar to pravide a nan�-refundable Iass rese�ve, until Lend�r's requirement f�r M�rtgage Insurance�nds in a�vcordanve vvith any�-itten a�reement�ae�tw�n Borrvwer and Lender prvvidin�f�r such termination or until terminativn is required by Applicable Law. Not�h�ng in�his Section I�affe�c�s Borrower's obliga#ion to pay interest at the ra�e provid�ed in the 1�Tvte. Mort�age Tnsuran.ce rei.mbu�ses L�ncler�vr any entity that pur�hases the 1wTote�fvr c�rtain lvsses it ma�incur �f Borrower cioes nat repay th�Loan as agr�d. Borraw�r is not�►party to the Mortgage Insura�ace. Mor�gage�sur�rs e�aluate their total risk on all such�ssurance in force from time to tim�, and may enter in�o agr�en�ents with oth�r par�ies that ahare or modify their risk, or reduce lasses. These agreeam�ents are on terrns and conditions t1�at ar�satisfa►ctary ta the x�ortgage insurer and��at�er party�or par�ies}to these agreement�. These agx�em�nts may require the mortgage insur�r tv make payments usxng any sourc�of funds �hat the mortgage insurer may hav�available(vvhich may includ�funds ab�ined fram Martgage Insurance pre�ums�. As a resu�t of thes�agreennents, Lez�der, any purc�vf the Nvte, anather in�urer, any r�insurer, any at�her entity, vr any a�"iliate�f an}��f t�ae faregaing, mday rec�eive(direc�ly vr indirectly)amounts that derive from (ar mi�ht be char ' as)a portion of Bonawer's paymen�,s far Mor�gage Insuratace, in exchange for aharin�or madifying the mortgage insurer's risk, or reducing lvsses. If such agreement provides t�a.t aa� af�liat�of Len�r takes a s�are af the insur�r's risk in exchang�for a share of t�e pre�uums paid t�the insurer, �e arrangemen�i s�i�en terffied"captive reinsuranQe." Furth�r: �7� Any auch agreement�wil�nvt affect th�amounts that Borrawer has agreed ta pay for Martgage Insuraace, or any at.her terms vf the Loan. Such a�r�emeni��v�ill nat in�rease the am�unt Borrower will�we far Martgage Iasuraaoe, and tb�y w�ll not en�it�e Borro�er to any refund. �b� Any such sgreement�w�l not affect the right�Borrawer has-if any-with r�cpe�t to the Mortgage Insur�aace under th�Home�vwners Pro#�ton Act of 1998 ar any other law. These rights may�►elude the rlght to re�e��e�ertain disClosures,tQ reque�t and ab#ain�sncellatian of the Mortgage Insurance, ta ha�e the Mortgage Insurance terminated automaLi�ally,�andJor ta recefve a refund of any Mortgage Insuran�e p�emiums that were unearned at the time of such cancella�ion or tern�ination. '!1. Assignment o�M�e�l�neous Pr►voeeds; FoKfeiture. All Miscellan�us Pr�ceeds are hereh�assigned to and sha�l be paid to Lender. If the Pro�erty i s c�ama��d, such Mis�c�llanenus Froc�eds sha].1 be applied tv restoratian or repair of th� Property, if the restora�ion or repair is evv��mically feasible and Lex�der�s sec�arifiy is not Iessea�d. During su�h repair and restora�iox�periad, Lender shall have the rigl�t to hold su�h Miscellanevus Proceed�s until Le�der has h�a�d an oppartunity�o inspect auch Property ta easure the work has been comple�ed t�L�nder's 23�348338 o veNE N�9RASKA-5ingle Fem�y-Fsnnie MsslFraddi�Msc UNIFqRM iNSTAUMENT Form 34��1 I�7 VMP� VMPBtNEf t13D2] WaFtara Kluwer�inencieE 5arvices Pape'8 0#17 �f'`,�� � � , � � .: .�,r ;�f