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��15�1�45 <br /> continue to pay to I.�end�r�he amount of�he separateiy des��nated payments that were due when th� <br /> insurance cfl�r�rage ceased to be��n effect. Lender�vi�l accept, use and retain these�ayments as a <br /> nan�refundable l�ss reserv� �n���u af Mortgage Insurance. Such�oss reser��sha�l be non-refundab�e, <br /> n�twith�tand�ng the fact�ha��h�L.�an�s uitimat�ly paid in fu11, and Lender sha�l not b�required t�pay <br /> Borrower an� interes�or earn�ngs on such loss reser�e. L�nder can no Ianger require l�ss reserve paymen�s <br /> �f Mortgage�nsuran�e cav�rage��n the amount and for the per�od that Lender requir�s�p�av�ded by an <br /> �nsurer�e�ected by Lender again becomes a�a�lab�e, xs ob�ained, and L�nder requ�res separa�ely designated <br /> payments�oward the prem�ums far Mar�gage�nsurance. �f Lender r�qu�red Mortgage Insurance as a <br /> condit�on af rnaking the Loan and Borrower was requ�red to mak�separa��i�designa�ed pa�ments toward the <br /> �r�miums for Mortgage�nsurance, Borrower sha11 pay the premiums required t�main�ain Mortgage <br /> �nsurance in effe��, or�o provide a non-refundab�e loss re�erve, unt�� L�nder's requiremen�for M�rtgage <br /> Insuran�e ends�n accordance with any vvrit�en agreemen�be�v5reen Borrawer an�.Lender prflviding for such <br /> ter�nination or until termination is requ�red b�App�icab��Law. Nathing�n th�s Section �.�affects <br /> Borrower'�ob��ga���n to pay interest at the rate prv�vided in��.e Nate. <br /> Mor�gage�nsuranc�re�mburs�s Lender�or any�nti�y that pur�hases�.he No�e} for certain�osses ��may incur <br /> �f Borrawer does no�repay the Laan as agreed. B�rrower�s n�t a par�y�o the Mor�gage�nsurance. <br /> Mor�gage insurers e�a�uate the�r total risk�n a�� such insurance in force frQm t�me tv time, and may enter <br /> in�o agreemen�s wi�h other parties that�hare or m�dif�their r�sk, or reduc��osses. These agreements are on <br /> �erms and cond�t�ons tha�are sa�isfac�or�to th�mor�gage insurer and the other par�y�or parti�s}to�hes� <br /> agreem�nts. r�'h�se agreemen�s may requir�the m��gage�nsurer�o m.ak�payrrxents using any source of funds <br /> , <br /> ��a�th��:�no�gage insur�r ma�r ha�e a�a�lab�e �which may inc�ude funds ca��ta�ned fr�m Mortgage�nsuranGe <br /> premiu��}. <br /> . x <br /> As a resu���f thes�agreem�nts, Lender, an�purchaser of�he Note, ana�her insurer, any reinsurer, any other <br /> en�i��, or any af�iiate af any of fihe foregoing, may recei�e�direc��y or indir��tly}amounts�ha�deri�re from <br /> �or might�e characteriz�d as} a par�ion af Borrovver's payments fflr M�r�gage�nsurance, �n e�.�hange fflr <br /> sharing or m�d�fyxng��e mor�gage insurer's risk, or reducing �osses. �f such agreement pro�ides�hat an <br /> aff�I�ate�f Lender�akes a share af the�nsurer's risk �n exchange for a share of�he pr�miums paid to�h� <br /> insurer, the arrangemen�is aften termed "capt�ve reinsurance." Further: <br /> ta� Any such agreements wil�not affect the am�un�s�hat Borrower has agreed to pay for Mortgage <br /> Insurance, �r any other terms af the Loan. Such agreenr�en�s w�l�not increase the amount <br /> Bvrrower vvil�owe for Mortgage Insuranc�, and they w��l no�ent�t�e�orrower ta any refund. <br /> ��} Any such agreements w�ll not affect the righ�s Borrower has-if any�-wi�h respect to the <br /> NTortgage Insuranc�under the I3o�neowners Protec�ian Act of 1998 or any other�aw. Thes�r�ghts <br /> may�n��ude the right to rece��e certa�n d�s���sures, to reque�t and o�ta�n cance��atian of tbe <br /> N.iortgage Insurance� ta have the M�rtgage Insurance term�nated automat�ca��y, and�ar to receive <br /> a refund of any Mortgage Insurance premiurns tha�were unearned at the tixne of such <br /> ca�ce�Iatian or ternnination. <br /> ��. Ass�gnment vf M�sce��ane�us Pra�eeds; Forfeitu�e. AII M�scel�an�ous Pr��eeds are herehy ass�gned ta <br /> and sha���e pa���� Lender. <br /> �f the Propert� �s damaged, such M�scellaneous Pra�eeds shall be app���d to r�storation ar r�pair of�he <br /> Prflper��, if�he restora�ion or repair�s economicai�� feas�b�e and L�nder's securi�y is not lessened. During <br /> such repair and restorat�on period, L�nder sha11 have the r�gh��o hold such M�scellaneous Proceeds unt�� <br /> L�nder has ha�an opp��unity to i�spec�such Proper�y ta ensure�he wark has been comple��d to I,ender's <br /> NEBRASKA-5ingle Family-Fannie Mael�reddie Mac UNIF�RM INSTRUMENT Form 3��8�1�1 <br /> VMP� VMPG[NEy(13a2y <br /> Wolters Kluwer Financia(S�r�ices Page 9 of'#7 <br />