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��15���39 <br /> contit�ue�o�ay�o Len.der the amount of�he separately designated pay�nents�hat were due when the <br /> insurance coverage ceased.to be xn effec�. Lender w�ll accept, use ar�d ret��hese paymen�s as a <br /> non refi�n.dali�e��ss reserve i�I.xeu of M�rtgage Insura�c�. Such�.oss r�s�rve sha1l be non refund:a.��e, <br /> notwithsra�d�ng the fact that the Loan i.s u.Itimate�y pa�d�fu1l, and�C,end,er sh:all na��e requi.red to pay <br /> Borrower any znter�st or earni�gs on such�oss reserve. Lender can no�anger requ.ire�oss reserve payments <br /> if Mortgage Insurance coverage�in�he amount ax�.d for the periad�hat Le�der requires}prov�ded by an <br /> xnsurer selected by Lender agai-�becomes avax.I.ab�e, is�b�ained, and Lender requires separate�y desig�ated <br /> payments taward the prem��.ums far Mortgage Insuran.ce. If Lender required Martgage Insurance as a <br /> �ondition of making�he]Goan ar�.d Borr�w�r was requ:�red tQ make separate�y d�signated payrnen�s tov�ard the <br /> premiums far Mar�gage In.sura:�ce, Borrov�rer shall pay�he premiums required��mai.x��ain Martgage <br /> Insura:nce in effect, or ta provic�e a non refund.a.ble��ss reserve, untzl Lendert s requi�emexit for M�r�gage <br /> Ins�xrance ends in aecarda�ce w�th any wri.t�en agreexnent bel:ween Forrower and)Lend�r�rav�.ding for�uch <br /> �ermsnat�on�r�nti.I terx�airiat�on is requix-ed.by,�.�pp��ca�b�e Law. Nothzng u�this Sect�on ��affects <br /> JBar�-ower�s fl�b��gatior.�to pay%n�erest at tlhe rate provided in th.e Note. <br /> Mortgage IrLsuranc�reimburses Lender�or any en��ty that purchases th�No�e� for certain�:osses it ma.,y Y.xa.cur <br /> zf Borra�xrer daes no�repay t�a.e Loan as agreecl. Borrower is no�a par�ty to t11e Mortgage In.surance. <br /> Mor�gage�risurers eva�ua.fe�heir�ota1 risk on all such�surance in force frflm time to�ime, and may e�.ter <br /> ix�to agreements With�ther partzes t�lat share ar mod�fy�heir risk, or reduce Iosses� These agreemen�s are on <br /> tez�s and corxdit�ons that are satisfactory to the mortgage insurer and.the other party�o�par�ies}to�hese <br /> agreexne�ts. The�e agxe�me�ts may requ�re the mortgage insurer t�make payments us�n�any source of fun.ds <br /> tlzat t�.e mortgage insur�r may have availab�.e��vhich may incl.ude fux�.ds obtain.ec�from�.Mor�gage Insurane� <br /> premiurns�. <br /> As a re�ult�f these agreem�n�s, Lender, arry purchas�r�f the Note, an�t�xer�nsu�x�er, an�r reinsurer, any o�her <br /> ent�ty, or any affilia�e of any of the faregaing, may recei.ve�c�.irectly or ind�irec-��y�amo�.ts�h�.t c�er�ve from <br /> tar might be characterized as}a por�.or�o�B�rrower's payments for Mortgage I�.su:rance, in��chax�.ge for <br /> sharing or modi.fyin�the mortgage i-��urer�s r�:sk., or reducxng 1Qsse�. rf such agr�ement provides t.�.a�an <br /> aff-ll.xat�af Lender�akes a share of the�:n.surer's rxsk�n e�change for a share�f�he premium.s pa�d to�h� � <br /> �.nsurer, the arrariger�a�ent is oft�n terrnecl"capt�ve reinsurance." Fur�her: <br /> �a} An�such agre�m�nts will nflt a.ffect t�:e amounts that I��rrower has�.gre�cl�o��y fo�11!Ivrtgage <br /> Insura��e, or any ot�er tern�s vf the I��an. �nch ag�e��me�t�will�ot�:n.creas�th�a�o�t <br /> �orro�er vv�l�w�far l�ortgage Insu.rance, and t.�:ey will mot e�t�tl.e S�r�ower t� an�refi.�cl. <br /> ��� �in.��u�h agreenn.ents vvill n�t affect t�e��ghts]B�rrowe�l�a.s-�f�.riy-�th respect to�e <br /> Mortg�:ge Im.surance un.der the H���.e��er�Protect�on Act of 199�o�-any other 1a�v. �`hese rights <br /> may incl�de the�ight ta receive certa�n disc�os��-es, to req�aest and vbta.in ca�.�e�la-ti��of the <br /> NYaxtgage Iasuramee, to have th�Mor�tgage Ins�-an�e te�m.�nated au�omati�ally, andlv�to r�cei�e <br /> �.refu�d�f any Mortga.ge I�nsurance pr��niurns that�ere uneaxned at the t�me��su��i <br /> can�ellatio�or termin�tiv�.. <br /> '�'�. Assrgr�m�nt of M isce��an�ous Proceeds; Forfei�ure. A11 Mi�sce�.I.aneous Proceeds ar�hereby assigned ta <br /> a�d.s�i�1 be pa�ad to�Lendex-. <br /> If�he P�operty is darnaged, such Mi�ce�.�.a�eous JP�r�Geeds s���.be appl�ed.to res�orat�an�r repair�f��:e <br /> Propex�y, �f�e restara�.on ar repa�.r x�ec�nomi�al�y feasi�ble and.Le�dert s sec�r��y ns n�t�.esser�ed. �ur�ng <br /> such repai�and re�torat�on per�od, ]Lender sha.l�h�.ve the ra.g�t t�ho�d such M�scel�aneous Proceeds ur�t�� <br /> Lender has ha.d.an opp�r(.unity to 7.nspect such Pro�ex�y to ensure�he wor�has been cQm�Ieted to Lender's <br /> 24��783� <br /> NEBRASKR-5ingle Family-Fanr�ie Ma�lFreddie Mac L1N[F�RM INSTRUM ENT Form 3Q28'iIQ1 <br /> VM P� VM P5[NE}{13D2} <br /> Vllolters Kluwer Financial 5ervic�s Page 9 of'i 7 <br />