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��14�5��� <br /> catl�intxe�o pay�o Ler�de��t��e a�noun�of��Ze sepa�ate�y designated paya.ne�.�s��ia�vt�e�e c�ue wlze�z�l�e <br /> insurance coVerage ce�sec�1:o k�e it1 effec�. �e�.c�er u��1� accep�, t�se ar�d re�ait��lzese�ayiner�ts as a <br /> ��on-reI'un�.able���s reserve�r��xeu of Mor�gage Insurance, Such�oss reserve shal�be no�����efunda�b�e, <br /> �lotw��hstian�.ing�1ie fac��h�.��he L�a.��s u����na�ely paid i��fu��, anc�Le�c�er s�al1 r�o�be requ�rec��o pay � <br /> Borrovver an�rn�eres�ar ear�nings�n suc�a.�oss reserve. Le�der can na langet�requ�re�oss�ese�ve p�.yz�e��s <br /> �f�I�Ior�gage Ynsurance co�erage�x�.�he a�noun�and For the�eriad 1:hat L�n�.er�equires�prov�c�ed l�y�.n <br /> insurer se�ected by Le�der ag�.in beca�nes a�a�lab�e, is ol�tait�ed, and Lender requil e�separa���y�es�gna�ec� <br /> pay�nen�s�o,ward��1�pretn�utns for Mor�g�.�e r�sura�c�, I�Lend��r�qu�re�.Mor�gage Inst�ra�.ce as a <br /> co�di��or�of tnal�ir�g the Loan and Boz��ower was require�.�o xnalfe sep�.ra�ely design��ed�aytnen�s to�a�c�the <br /> pre�zuu�r�� for•Mor�gage�x�su�•a�Ge, I3flrrower sha11�ay�1ze p1 einiuins requ��'ed t4�nair�t�.in Mor��age <br /> Insu�a��ce���ef�'ect, or�;a provic�e a�on-re�Cun�.able loss��ese���e, u���1 I�ender's require�ner��far Mor�g�.ge <br /> Insurance ends 1n acc�r�.ance wi�h any wri�te�.ag�ee��1e��.t be�weer�Bor�ower atzd L.enc��r p�ov�dirig Fo�•such <br /> �erir�inat�or�or u��i1 tertnina�io��s required by Ap�l�cab�e Lavv, No��zi�zg itl�:1zis Sec�ion 1�affects <br /> Bort flwer's flblig�.�io�1�o�ay it��eres�a����e ra�e�rov��e�.i�t�ze No�;e, <br /> Mortgage Insura�ce rei�nburses Len�.er�or an.y en�i�y�h.a�pur��a�ses�he Note� lor certiain lasses ��rnay inc�.� <br /> �:C Bot�awer d.o�s not repay�l�e Lfla��s agreec�.. }3or�ovt�er is no�a�ar�y�o the Mor�gage Insu�ance. <br /> M�r�gage ir�sut ers evaluate their tota�risk or1 a1� stxch x�a.su�•a�.ce i�z fo�ce fi�a�n ti�ne to ti�ne, �.tld tnay e�1�er <br /> i�1�a agree��ents wz�h a�her par��es���a�s�zare ar lnadify�lzeit�i isk, o�r�educe lnsses. T11ese agree�r�en�s are o�. <br /> �e��11s and�a�.c���iot�s�I�at are satisfa��o���o t11e inflrtgage insu�'er and the o��1er party�o�r par�ies� �o�hese <br /> �.greemen�s. Tl�ese agree�lle�Z�s��n�y require tlle��ortg�.ge i�sut�et•�o�nalce pay�nen�s using a�zy sou�ce of fu�ds <br /> i:hat the rnar�g�.ge-insu�er�n�.y have ava�l���e��r��.ic�a.�nay i�.c�uc�e func�s ol���.i�zed fi��m 1.Vla�tgage Ii�surance <br /> pretniutns}e <br /> As a resul��F�hes�agreeil�en�.s, ��nder, �.ny ptXr��laser o��l�e Na�e, ana��ler i�surer, ar�y reinsurer, ar�y�t1�er <br /> e��tity, or a��y affil�a�e of a.r�y o��he fa�egorr�g, snay receive�direc��y or��.c��rectly� ainnu��ts�:1zat deriv�li•o�n <br /> �ati ir�igh�l�e ch�.�a�terized as� a portian�l Borrowe�'s�ay��xe��s fo�Mor�gage Tnsura�zce� i��excha�ge fo� <br /> �hari�zg o���-nodify�r�g the mor�gage insure�•'s�'�5��� 4�'1'�C�l����l�;��55e5. If such agree�.ne�a��px�ov�c�es���at a�1 <br /> affi����e of Lenae��:alfes�:sha��af the if7surer's risk i�1 e�change for a s��a.�,e of t��.e pre�li�u�a.�s paid�a�11e <br /> 1115L1�"��`� �he arrang�tnent is of�en terined"cap�i�ve rei�zsuran�e." Fur�her: <br /> �a} Any sucli n��•ee�nex�ts vvil�not nffect tl�e amo��nts thnt Borz•ov�er��as ��reed�o pay for Mor��a�e <br /> Iz�s�rrance, ar��ny oi:her terms of�he L�an. S��ch a�x•eexnents vvill x�o���1cre�se�lie amou��t <br /> Earrower wi�l.o�ve for Mar�g�ge Insurax�ce, anc�they wi�i��ot entitle I3arrowe��to �ny x�efu�zd. <br /> �b� A��y sucY� ngreemez�.�s wi.11 not�ffec�t�ae rxg�xts�3or�.•awer has--�f�►n��w�tXa x•espec�to �he <br /> Mortg�ge Insur��zace i���c�er�he I3o�neov��ae�•s Protec�i.on A.��of 1��8 0�~����o�her X�w. T�xese rxgh�s <br /> �nay Yn�lr�c�e the r��h��o recei�e cex�ain d�s��.osr�res, �o reques��nd ob�a�n ca�ace��a�xo��of the <br /> Mo�•�����Ins��r�nce, to have the Mortg��e Insur�nce termi��n�ed autazn��ic���y, �nc�lor to rece�ve <br /> n refund of�►ny Ma�•�gnge I��srYrnnce pre�ni���ns�:ha�were�R��e�xned at t��e�ime af such <br /> caxice���tion or terinin�►tioY�. <br /> '[�i . As�ignrr��nt of M isce�laneous Praceeds; Forfei�ur'e. Al�IVliscella.neoL�s Pt•oceee�s a.re 1�ereby assigi�ec�.to <br /> a�a.d s1za11 be��.id�o Lender. <br /> �f t��xe Prope����is c�atnage�., s�.����Miscel�a��eous Pra�eec�s��1�.11�e a�aplied�o��es�o�ra��axz or rep�.ir of�he <br /> Pt apert�r, if��ze res�ora�iori or repa�r�s ecano�nically feasi��e a.nd Le�l�.�r's secur��y is�o��esse�.ec�, Dur�ng <br /> s�.cl1�ep�.�r a���.�es�a�atia�a per�od, Le�lder s��a��l�ave t��e r�gh�ta�Zo�d suc11 Misce�l�.neot�s Praceeds u��i� <br /> Lenc�er�xas�ia�.�.n�ppox��u�.���y�o inspec�suc�.Pro�er��r to ens�.�re��ae war��has L�ee��cn�n�a�e�ed�o Le�l�.e�'s <br /> 2�4d�76�4a <br /> NEgRASKA-�ingle�amily-l�anni�M ael�reddie M ac UN��ORM INSTRLIM ENT Farm 3a28 �1a 1 <br /> VM P d VM PG�N�}(1302} <br /> INolte�s�t1uw er�ir�ancial Services Pa�e 9❑f 1 T <br />