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��15�1�4� continue to pay to I.ender the amount af�he separately designated paymen�s tha�were due v�rhen the insuran�e coverage ceased to be in effect. Lender wi�� accept, use and re�a�n�hese paymen�s as a non-refundab�e loss reser�e in lieu of N�or�gage�nsurance, Su�h �oss reserve shall be non-refundab�e, nfl�wi�hstanding the fac��ha�the Loan�s ultzma�e��paid �n fui�, and L.ender shall n��b�required t�pa� Borrower any interest ar earnin�s an such�oss reserve. Lender�an no long�r r�quir�loss reserve pa�ments if Mor�gage Insurance c��erage �in�he amaun�and for the period that L�nder requires}pr�vided b�an �nsurer selected b� Lender again becom�s a�ai�able, is obta�ne�, and Lender requires separa�ely des�gna�ed payments toward�he premiums for Mortgage�nsurance. �f Lender requ�red N�ortgage�nsurance as a cond�t�on of mak�ng the Lvan and Borrovver was required to rnake separate�y des�gnated paymen��ov�ard�he premiuxns for Mor�gage�nsurance, Borrower sha�I pay�he prerniums requ�ret�to maintain Mortgage Insurance in effec�, or�o provide a non-refundab�e loss reser�e, until Lender's requiremen�for Mor�gage Insuran�e ends in accflrdance with any written agreement�etween Borrawer and I.�ender pr�v�ding f�r such �erm�na��n�r unt�l terminati�n is requ�red b� Appii�able Law. Nothing in th�s Sect��n 10 affec�s Barrower's ob�igation�o�a� �nteres�at the rate pr�vided�n the No��. Martgage Insurance reimburses Lender�or any en��y that purchases�he Nate} f�r cer�ain�osses it rx�ay �ncur if Borrower da�s not repay the Loan as agreed. Barr�v�rer is not a part��o the Mvr�gage�nsurance. Mortgage�nsur�rs e�a�uate their�ata� risk on all such �nsurance�n for�e from time to�ime, and may enter int�agreements with other par�ies tha�share flr rnodify�heir risk, or reduce�asses. These agreements are�n ��rms and conditions tha�are sa�isfac�ory to�he mor�gage insur�r and �he other party �or par�ies} to these agr�ements. These agr�emen�� ma�requ�re the mor�gage insurer to make payments using any sour�e of funds tha��he martgage �nsurer ma�have a�ailable�which may inc�ude funds obtained from N�or�gage�nsuranc� premiums}, As a result of�hese agreements, L.�nder, any purchaser of the No��, another�nsurer, any reinsur�r, an�o�her en�ity, or an� affiliate of any of th�f�r�going, may receive�directiy or�ndirec��y} a�mounts that deri�e from ��r might he ch�racter�zed as3 a p�r�i�n of Borrower's paymen�s for Mortgage�nsurance, �n exchange for sharing or modifying�he mor�ga�e insurer`s risk, ar reduc�ng �nsses. �f such agreement pro�ides�ha�an af��iate of L.�;nder takes a share of�he insurer's r�sk in exchange far a shar�of�he premiums paid to the �nsurer, the arrangement i�aften�ermed "cap��ve reinsurar�ce." Furth�r: �a} Any such agreements will nvt affect the anr�ounts that Borrower has agreed to pay for IVlortgage Insurance, or any other terms of�he Loan. �uch agreements ��il not increase the amount Barrower wil�owe far Mortgage InsuranCes and they wi�l not ent�t�e Borrower to any refund, �k�} Any such agreements wil� n�t affect the r�gh�s Borrawer has-if any-w�th respec��o the Mortgage Insurance under the Iiomeown�rs Pra�ect�on Act af 1998 or any other�avw, T�ese rights may include the r�ght to rece�v�cer�ain disciosures, tti request and nbtain can�el�ation of�he Martgage Insurance, ta have the Mortgage Insurance�erminated au�omatica��y, andlor to recei►�e a refund of any Mortgage Insurance prerniunls that�vere un�arned at the�ime of such cancel�atian or termination. �'1. Assignment of CV�is�el�aneous Praceeds; Farfeiture. A�� Misce��aneous Proceeds are h�reby assigned t� and sha��be paid to Lender. �f�h�Proper��is damaged, such Mis�e��ane�us Proc�eds shal�be appl�ed tn res�ara�ion or repair�f�he Pro�erty, if the restora�ion or repair�s econom�cali� feasible and Lender's secur�t� is not�essened. During such repa�r and res�ora�ion p�riod, L�nder shal�have th�right�a hold such Mxsce��ane�us�'raceeds unt�� L.�nder ha�had an opp�r�unity to �nspect such Property�o ensure the v�ork has b��n comp��ted�o L.�nder's N�BRASKA-SingIe Family-�annie MaelFr�ddie MaG UN��RM IN5TRLIM�NT Form 3�28�1�� VMP� VMP6�NE�{#3fl2} Walters Kluwer Financial Ser��ces Pa�e 9 0#17