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��14�755� payments that vvere due when the insurance ca�erage ceased to be in effect.Lender will accept,use and retain these payments as a n�n-refundable �oss reser�e in�ieu�f Mortgage Insurance. Such loss reser�e shall be non-refundable,n�twithsta.nding th�fact that the L�an is ultimately paid in ful�,and Lender shall nflt be required to pay Borrower any interest or earnings on such loss reserve.Lender ca.n n�longer require loss reserve payments if Mortgage Insurance co�erage(in the amount and for the periad tha� Lender requires}pr�vided by an insurer sele�ted by Lender aga�n b�comes a�ailable, is o�tained,and Lender requires separately designated payments toward the�remiums for Mortgage Insurance.If Lender required Mor�gage Insurance as a condition af making the Loan and B�rrower was required to make separately designated payments toward the premiums for Mortgage Insurance,Borrvvver shal�pay the premiums required ta maintain M�rtgage Insurance in effect,or to provide a nan-refundable loss reser�e, unti�Lender's requ�rement for Mortgage Insurance ends in accordance with any writt�n agreement bet�veen Borrower and Lender providing f�r such terminati�n or until termination is required by Applicable La�v. Nothing in this Sectian 1� affects Borrovver's obiigati�n to pay interest at the rate pro�ided in the N�te. Mortgage Insurance reimburses Lender�or any entity that purchases the Nate�far certain losses it may incur if Borrower does n�t repay the Loan as agreed.Borr�wer is not a party to the Mortgage Insurance. , Mor�gage insurers e�aluate their tota�risk on a�l such insurance in force from time to t�me,and may enter � . into agreements with other parties that share�r modify their risk,or reduce Iosses.These agreements are ' an terms and cond�tions that are satisfactary t�the mor�gage insurer and the other�arty�or parties�t� these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may ha�e a�ai�able(which may include funds obtained fr�m Mortgage Insurance premiums�. As a result of these agreements,Lender, any purchaser of the Note, another insurer, any reinsurer,any other entity,or any ai�i�iate af any of the foregoing, may re�ei�e(directly or indirectly}amaunts that derive fr�m��r might be characterized as}a por�ion af Borr�wer's payments for M�rtgage Insurance, in exchange for sharing or madifying the martgage�nsurer's risk, or reducing losses. If such agreement prvvides that an a�l�ate�f Lender ta.kes a share of the insurer's risk in exchange far a share of the premiums paid to the insurer,the arrangement is often termed"capti�e reinsurance."Further: (A) Any such agreem�nts will not affect the amaunts that Borrower has a�r�ed to pay for Mortgage Insuranc�, or any other terms of the Loan. Such agr�ements will not incr�ase the amount Borrower vv�ll owe for Mortgage Insurance, and they wil� no# entit�e Borrower to any r�fund. �B} Any �uch agreem�nts will nat affect the rigbts Borrawer has - if any - with respect tv thQ Mortgage Insuran�e under the Hvmeowners Protection ACt of 1998 or any vther law. Th�s� rights may include the right to recei�e certa�n discla�ures, to request and obtain cancel�atian af th� Mortgage Insurance, to ha�e the Mvrtgage Insurance term�nated automatically, andl�r to recei�e a refund vf any Mortgage Insuranc� premiums that were unearned at the time of such cancel�ation or terminatian. � '!1.Ass�gnm�nt�f Miscellane�us Proeeeds; F�rfe�ture.All Miscellaneous Proceeds are hereby � assigned to and shail be paid to Lender. �3782850D9 NEBRASKA-Single Fami#y-Fannie MaelFreddie Mac UNIF�RM fNSTRUMENT r g��p� VMP� �2114 Wofters Kluwer Financiai Serv�ces 2014'I'12114.Z.0.2944-J2�14�429Y Initial 9 of�7 * � 7 0 ❑5271123""