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��14�7�59 cont�nue�o pay�� Lender the amoun�of the separately designated pa�ments that v�ere due v�rhen�he insurance coverage ceased ta be in effect. Lender w�l�a�cep�, use and re�a�n these�ayments as a nan-refundab�e�oss reserve in l�eu of Mar�gage�nsurance. Such loss reser�e shal��e nan-refunda�le, no�v��ths�and�ng�he fact tha��he L�an is u�tim.ate�y pa�d in full, and Lender shall not�e requir�d��pay Bflrrower a.�y xn�erest ar ea�rnings on su�h Ia�s reser�e. Lender can na ��nger requ�re Ioss reserve payrnen�s �f Mortgage�nsurance��rage�in�h�amount and for�he period�ha�Lender requ�res}provided�y an insurer se�ec�ed by L�nder aga�n�e�om�s a�a��a�b�e, �s ob�a�ne�, and Lender requ�res separa�e�y des�gna�ed �a�rments��v�rard�h�premiums f�r Mortgage�nsurance. If L�nder require�Mortgage�nsurance as a ��nd�t�on of mak�ng��e Loan and B�rrov�er was required�o make separa�e�y�esigna�ed paymen�s toward�he premiums for Mor�gage Insurance, Borrower shall pa�r the premiums required ta maintain Martgage �nsurance in effect, or�o pro�ide a nnn-refundable loss res�r�e, un�i� Lender's requir�m�n�f�r Mor�gage �nsurance ends�n accordance v�ith any writ��n agreement be�v�een B�rrower ax�.d Lender pr�viding far such �erminat�on or un�i��erm�nat�on�s required by Appl�cable Lav�. No�hing in this Se��on 1�affec�s B�rrower's o��igation ta pay��ere�t at the rate pra�ided in the Note. Nlor�gage�nsurance reimburses Lender�or any en��ty that purchases�he�Iote} for c�r�ain�osses it nzay incur if Borrawer daes not repay�h�Loan as agreed. Borr�wer is no�a par�y to th.e Mor�gage�nsurance. Mor�gage insur�rs e�a�uate their�ota1 risk on aI1 su�h �nsurance in force from t�me to time, and may enter �n�o agreements with other parties��a�share ar n�.odify the�r r�sk, or redu�e l�sses. These agreemen�s are�n �erms and cand��ons�ha�are sa��sfactory�o the�nor�gage insurer and t�ie�ther par�y �or part�es} �v thes� agreem�nts. 7C�hese agreements may requ�re t�e mor�gag�insurer�o nzak�payrnents using any saurc�of funds tha�the mor�gage insurer nnay ha�e a�ailable�v�h�ch may include funds nb�a�ned fr�m Mor�gage Insurance premiums}. As a re�ult of�hese agreements, L�nder, any purchaser�f the Note, another�nsurer, any re�nsurer, any other enti��, or any affi�iate vf an�nf the forego�ng, ma�rece��ve�direct�y ar indirectly}amoun�s that d�rive from �or migh�b�charac�er�zed as} a parti�n�f Barrov�rer's paymen�s far N�or�gage�nsurance, in�xchange for shar�ng nr m��d�fying�he m�r�gage�nsurer's risk, or reducing I�sses. �f suc�.agreement pro�ides�hat an af��iate of Lender takes a share of the insurer`s risk in exchange far a share�f�he prem�ums paid�o�h� �nsurer, the arrangemen� �s often term�d "cap��v�reinsurance." Fur��er: �a} Any such agreements wi��nat aff�ct the anr�ounts that Borrower has agreed t�pay for Mortgage Insurance, or any other terms nf tbe Loan. Such agreements will not�ncrease the amount Barrower will owe for Mortgage Insurance, and they wil�not entitle Borrawer to any refund. �h� Any such agr�men��w��l not affe�t the rights Borrower has-�f any W with resp�ct to the Mortgage Insurance under the�Iomeo►wners Protection Act of 1998 or any other�aw. These rights may�nc�ude the right ta rece��e certain disc�flsures, ta request and obtain cancel�ation�f the Mortgage L�asurance, to have the Mor�gage Insurance term�na�ed automatica��y, andlor to rece�rve a refur�d�f any Mortgage Insurance prem�ums that were unearn�d at the time af such cance��at�on or terxn�nat�on. 1'1. Assignment vf Ni�scel�aneous Praceeds: Forfeiture. All Mxsce�lanevus Proceeds are hereby ass�gned ta and sha�l be pa�d t�L�nder. If�he Proper��is damaged, such Misce��aneous Proceeds shall be app�ied ta restflra�ion ar r�pair of�he Proper�y, if�h�r�stora�ian or repa�r is economi�all� feas�b�e and Lend�r's securi�y�s nat Iessened. During such repair and rest�ra�ian per�od, Lender sha1X have the rig��to hold such Miscei�aneous Prflce�ds unti� Lender has had an appartuni�y�o �n�pe��such Property�o ensure�he�flrk has been con�pleted ta Lender's NEBRASKA-5ingle Family-Far�nie Mael�reddie Mac UNIF�RM INSTftUMENT Fvrm 3�28 11�7 VMP[� VMPfitNE}{7 302} Watiers Kluwer Financial 5er�ices Pag�5 af 17