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��15��55� <br /> �ont�nue to pay t� Lender the amount of�he separa����des��nated payments�ha�v�rere due v�►rhen�he <br /> insurance co�verage�eased�o be�n effect. Lender wil� accept, use and retain��iese paymen�s as a <br /> n�n-refundab�e Zoss re�erve in�ieu�f Mortgage Insurance. Such�oss reser�re shall be non-refundable, <br /> notvvithstanding�he fact that the Loan is ultima�e��r paid in fu��, and Lender shall not be required t�pay <br /> Barrower any �n�erest or earnings on such Ioss res�rve. Lend�r can na Ionger requ�re�oss reserve pa�ments <br /> �f Mor�gag��nsurance co�r�rage��n the amaunt and for�he period that Lender requires}provided by an <br /> insurer s����ted b�Lender again becomes a�a��ab��, �s ob�ained, and I..�nder requ�res separa��Iy desi�na�ed <br /> payments tov�ard the premiums far Mor�gage�nsurance. �f Lender required N��rtgage�nsurance as a <br /> c�nd�t�an af makin�the Loan and Borrov�er was r�qu�red to make s��arately des�gnated ga�men�s�oward�he <br /> premiums for Mor�gage�nsurance, Borraw�r sha��pay�he prernuums requ�red to ma�ntain Mort�age <br /> Insurance in effect, or�o pr��ide a non-refundab�e loss reserve, un�il L�nder's requirement f�r Mor�gage <br /> �nsurance ends in accordance with any wr�t#en agre�ment���w�en B�rrov�er and Lender pro�iding far such <br /> �erm.ination or un�i� ��rmination is required by Applica��e Law. Noth�ng in this Sect�on �fl affects <br /> Borrower's ab�igation to pay �nterest at�he rate pro�ided�n the Na�e. <br /> Mor�gage Insuran�e reimburs�s Lender tor any ent��y�hat purchases the Note} for cer�ain��sses i�ma� �ncur <br /> if Borrovcrer does no�repay�he Loan as agreed. Borrower�s no�a part��o�h�Mo�gage�nsuran�e. <br /> Mar�gage insurers eva�ua�e the�r��ta� risk on a11 su�h insurance in force from��m��o�ime, and may en�er <br /> in�o agreements���h othe�par��es�hat share or mod�fy their risk, or reduce�osses. These agreemen�s ar�an <br /> �ern�s and cond��ions that are satisfactary ta�he mflr�gage insurer and�h�o�her par�� �or par�ies} �4�hese <br /> agreem.ents. These agreen�ents may re�u�re the m�rtgage in�urer to make paymen�s using any source of funds <br /> that�he mor�gage insurer m.a}�hav�avai�a�ble�which may include fun�s ob�ained frorn N�ortgage �nsurance <br /> premiums}. <br /> As a resu�t��these agreemen�s, I.ender, any pur�haser of�he N�te, an�th�r�nsurer, any r�insurer, any o�her <br /> ent��y, or any affi�iate of an�of the faregoing, ma� rece�ve�direc�Iy or�nd�rec�ly} am.oun�s that derive from. <br /> �or m�gh�be characteriz�d as} a portion of Borr�wer's paymen�s for Mortgage �nsurance, in exchange for <br /> sharing or modif�ing�he mor�gage�nsurer's risk, or r�ducing Iasses. If such agreemen�prav�des�hat an <br /> af�iia�e of Lender takes a shar�af the insurer's risk�n e�.change f�r a share�f the premium�pa�d�o�he <br /> �nsurer, the arrangement ��often t�rmed "cap�ive reinsurance." Fur�her: <br /> �a} Any such agreemen�s will not affec�the amaun�s tha�Borrv►wer has agreed ta pa� far Mortgage <br /> Insurance, ar any other�erms af�he Loan.. Such agreemen�s����� nat in�r�ase the amvunt <br /> Bvrrnwer will owe f�r N�ar�gage Insurance, and they w�i�not en�i��e Borrower to any refund. <br /> �b� Any such agreements wi��nat affec�the righ�s Borrower has-if any-�with re.s�ect ta the <br /> Mor�gage Insurance under the�3on�eowners Pro�ection Act of 1998 vr any other law, These rights <br /> may inciude the righ�to receive cer�ain d�sc�osures, to request and obta�n cance��ation of the <br /> �Vlor�gage Insurance, to have the Mar�gage Insurance terminafed auton�atically, andl�r�a rece�ve <br /> a refund of any�or�gage Insurance premiums�ha� were unearned at thQ tim�of such <br /> �ancel�a�ion or termination. <br /> ��. Assignr-nent af tVliscel�aneous Proceeds; Forfeitur�s Al� M�scellaneous Proceeds are hereby assigned to <br /> and shall be�aid ta L.ender. <br /> �f t�ae Prapert� is damaged, such Miscel�aneous Proceeds sha�i be app�ied�o restora�i�n nr repair of�he <br /> Property, if�h�restaratxon or repair is econom�cally feas�b�e a�ad Lender's se�ur��y is no�lessened. Durin� <br /> su�h repair and r�storation period, L.ender shall ha�e�he righ�to h��d sueh M�s�el�aneous Pra�eeds un��i <br /> Lender has had an flpportuni�y �� inspect such Pr�perty to ensure�he wark has been�ompleted to Lender's <br /> N�gRASKA-Single Family-�annie Mael�reddie Mac UNI�ORM INSTRUMENT Farm 3�2$1!01 <br /> VMP[� VMP6[N�;[13D�} <br /> Wolters Kiuwer Financial 5er�ices Page 9 of 17 <br />