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��14�7�53 <br /> c����nu�ta pay ta Lender the amoun��f�he separately des�gnated paymen�s tha�were due when�he <br /> �nsurance co�verage ceased to be in effec�. Lender wi�� accep�, use and re�ain these pa�ments as a <br /> non-r�fixndable 1�ss reser�e�n lieu�f Mor�gage�nsurance. Su�h�oss reserve sha�l be nori-refunda��e, <br /> no�wi�hstand�ng�h�fac���a�the Loan�s u�timat��y pa�d �n fu�l, and Lender shal�no�be requ�red�o pay <br /> Borrow�r any interest�r earn�ngs on�uch�oss r�serve. I�ender�an na longer re�uire Iass r�ser��paymen�s <br /> if Mortgage�nsuranc�co�erage��n�he am�unt and for�h�period that Lender requir�s}pro��ded by an <br /> insurer selected�y Lender again be��mes available, �s vbta�ned, and Lender requires separately designated <br /> paym.�nts��v�rard the prexn�ums f�r M�rt�age Insurance. If L.ender requ�red Mortgage �n�urar�ce as a <br /> co�.d���on of making the Loan and Borro�ver was required to ma1�e separa���y designa�ed payments toward��e <br /> prem�.�ums for N�or�gage�nsurance, Borr�w�r sha11 pay the premiums requ�red to maintain Mar�gage <br /> �nsurance in�ffect, ar to pro�r�de a non-r�fundable Ioss reserve, un�il I.�nd�r's r�quiremen�for M�r�gag� <br /> �nsurance ends in accordance w��h any v�ri��en agreemen�betw�en B�rrower anci Lender pro��d�ng f�r su�� <br /> terminatian or unt�I�erm�na�ion�s requ�red b�r Appl�cab�e Law. Nothing in th�s Se�tion 10 aff�c�s <br /> Barrower's obliga��on�o pay interest at the ra�e pravi�ed in the No�e. <br /> Mor�gage�nsurance reimburses Le�der(or any ent��y�ha�pur�hases the N�te� for Ger�a�n losses it may in�ur <br /> �f�orrawer does not repay the I..�an as agree�. Borr�wer is not a party�o the M�rtgage�nsurance. <br /> Mor�gage insurers e�a�ua�e th��r�o�al risk on a�� such�nsurar�ce in force frnnz time t��im�, and may en�er <br /> int�agreements wi�h o�her parties tha�share or mod�fy t�.�ir risk, or redu�e��sses. These agreements are on <br /> terms and cond�tions�hat are satisfac�ory t�the mor�gage insurer and the�ther party �or parties} �o these <br /> agreemen�s. These agreem�.ents ma�re�uire the mortgage insur�r t�make pay�n.ents using any sour�e of funds <br /> that the m�r�gage insurer ma�ha�e a�ai�ab�e�whic�rna�r inc�ude funds abta�ned from Mor�gage Insurance <br /> premiums}. <br /> As a resu�t of�hese agreemen�s, Lender, an�purchaser of�he Note, ana�her insurer, an�r reinsurer, any other <br /> e�ti�y, or an�r aff�l�ate of an�r af�he foregoing, may recei�e�direc��y or ind�rec�ly}amaunts�hat d�rive from <br /> ��r might�e characterized as� a por��an of Barrov�er's pa�men�s far Mnrtgage Insurance, in e�.chan�e for <br /> shar�ng or m�difying the rr�artga�e�nsurer's risk, or reducing�asses. Zf such agr�ement provides�ha�an <br /> affi�iate�f Lender�akes a share of the insurer's risk in exchange for a share of the prem�.ums paid�o the <br /> insurer, �he arrangement is oft�n��rmed "cap��v�reinsurance." Fur�her: <br /> �a� Any su.ch agreements wi��no�affect the amounts that Borrower has agreed ta pay for Mortgage <br /> Ln.surances or any other terms of the Loan. Such agreements w��l nat�ncrease the amaunt <br /> Barrower wilY owe for IVl�rtgage Insurance, and they►w��I not entit�e Borrnwer t�any refund. <br /> �b� Any such agreement�w���not affect the righ�s Barrower has�-if any-with respec��o the <br /> Mortgage Insurance under�he Homeowners Pro�ect�on Act af 1995�r any other law. These rights <br /> may�nc�ude the right to re�e�v�e c�r�ain d�isclosures, to r�quest and ob�ain cance��ation af the <br /> Mortgage Insura�ce, to ha�e�he M�rtgage Insurance terrninated au�omatically, andlor to r�ce�ve <br /> a refund of any�Vlor�gage Insuranc�prem�um�tha� were unearned at the t�me af such <br /> �ance��at�an or term�nation. <br /> �'I. Assignment of Misce��an�ous Pr�ceeds; Forfeiture. All M�scellaneous Proc�eds are her�by assign�d to <br /> and sha�� be paid�o Lender. <br /> �f the Proper��is damaged, such M�scellaneous Proceeds shall�e app�ied�a res��ration or repa�r af�he <br /> Property, if�he restora�xon or repair is econ�mica�ly feasib�e and Lender'� s�cur��y �s nat lessened. �ur�ng <br /> su�h r�pair and r�stora��on peri�d, Lender shall ha�re the righ��o hold such Miscellaneous Proce�ds unt�� <br /> Lender has had an�ppor�un��y to inspec�such Property�o ensure th�work has b�en camp�e�ed to Lender's <br /> NEBRASKA-Sir�gte�amily-Fanni�MaelFreddi�Mac UNIF�RM(NSTRUMENT Form 3�28 7101 <br /> VMP� VMP5tN�3 t1342� <br /> Wotters K[uwer�inanc�al Ser�ic�s Page 9 of 7 7 <br />