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��15�1��7 cantinue to�ay�o L�nder�he amount of�he separa��Iy des�gnat�d payments�hat were due when the � in.surax�ce coverage ceased to�be in effect. Lender vrill accep�, use and r�tain these payrnents as a non-refux�.dabl�Ioss reserve xn��:eu of Moxrtgage Insura�.ce. Such loss reserve shall be nor�-refundable, x�ntvc�it�star�ciing the faG�tha:t the Loan is u�t�ia�e�.y paid i.�full., an�Le�der sh�.Il ra:ot�be req�i.red�o pay Borrower ar�y�i.nterest or earnings�n such 1�oss reserve. Lenc�er ca�no�Q�ger requ�re Ioss reserve pay�ments �f�Ulortgage I-�surance co�erage�in�ie amau�at�d for the period that Lenc�er req�res}provided by a.�n insurer sel.ec�ed by Lend�r agai�becvmes avai�ab�e, is ob�a:�ned, a�a.d Lender requ�res separate�y desxgnated paymen�s�oward�he premiurns for M�r�gage In:surar�ce. I�Lender required Mortgage Insurance as a condi�zon of�aking th�Loan ar�d.Borrower was requi�-ed to make separa�ely designated paym�n�s to�rard the prernium.s for Mortgage Insurara.�e, Borrawer sh.all pay the premiums requ�red�o maintain.Mortgage Ir�suraxa.ce�n effec�, or ta pr�vide a nan refund:a.�le Ioss reserve, ux�.t�I Lender's requir�ment for N1Qrtgage Irisurance ends in accord.ance�zth any wr�.tten agreement�etwee�.l3orrower and Lender providing f�r such terrni-�a�zon or unti�t�rm�nat�.an is required�by Applicab�.e Iaaw. Nothzng�th�s Secti�n 1�affec�s �orrower's�b�.�.ga�on to pay�n:teres�at the�ate�r�v�ded in t.�e l��te. 1V�ortgage I-�surance r�imb�:rses Lender[or a�.y�nti�y�ha�purC�ases t.�.e Note� for certai_��.osses it mav incur xf Borrawer does�flt re�pay t�ie Loan as agreed. �orr�wer�s��t a party�o�he 1Vl�rtgage Insurar�ce. ].Ulortgage insur�rs evalua.te their�ota�:risk on a�1.such�nsurar�ce in force fram t�e to ti�ne, and may ente� �nto agreemen�s with flther par�es�hat�har�or rnodify�heir rz5k, ar reduce�vs�es. These agreemen�s are an terms and cond.�tx�ns that are sa�isfact�ry t�the mortgage ir�surer and the o�h.er par�y�or par�ies��o�hese agr��merits. These agreemen�s xnay requ.ire the mor�gage ir�urer to ma��payments using any source of funds . �hat the mor�gage i�.surer may have avaxlab�e�which may inc�ude fuasds�btai-�ed frpm Moxtgage In�surance premiums�. A.s a resu�t�f these agreements, �.end�rs any�urchaser of t�e No�e, an�ther i.nsur��, a�y�e�:r�sur�r, any athe� entit�, �r axly aff��7ate�f�n.y a�th�forega�ng, may�eceive�d.�rectl�or�ndirectly�arn:o�ts�at derive fron� �or xxa�ght be�ha�actex�.zed a.�� a pvr�or�o�Bo�rowerp s p�.yments for�.Vl�rtgage Ins�.u-ance, in exchange for shari-�g or�nadYfy�g the m�r�gage insurer°s ris�, or�educ�.ng 1�sses. I�such a�reemen�provides that an affiliate of Lender�a�es a share of�h:e insurer`s risk in exchang�for a share af�he prem�ums paid to th.e i.r�.:surer, the arranger�zent�is aften termed"capt�ve reinsuarance.'' Fur�h.er: ��} An�suclh agr�ements�i11 ma�affect the amo�m�s that�vrrower has agreed to pay fo�Nlvr�gag� Inswranc�, o�r any ot�er terms�f the][�a�.n. Such a.greemex�ts w�ll n�t�an.c�ease t�e amou�t �orra�er wi�l o�we�ar�Io�tgage Insura�ce, and they w�l�L not�ntitle Ev�ro�er ta a.�y ref�d. ��O} ��suc�Z agree�ents w�i�.not affec�the�ights L�rra�er]has-if a�y-�ith r��ect to the Nlortg�.g�I�sura�ce un�ler f�.e Ho�e��n��Pr�te�tio�A�t of 199�or ax�.�other la�ve �Chese�ght� may��ciuele t�.e�ight ta r�ceiv�c�x`t�discl�su�r��, ta request a�d o�tai�can�e�Ia�o�.of th� 1Vlo�tg�.g�In.swrance, to have t�e Nlo�rtgage I�n.s�.x-anee��r�inateci aut��aatically�, andloar ta r�c�i�e a ref�d of ariy N�o�ga:ge Ins�a�ce�rexn.i:wn5 tha�we�re une�.�r�e�.at�he�.�e of 5�ch eancellativ�vr termi�aa�o�. '�'�. Assignment of �1i isceII�neous Proceeds; Forfei�urex All M�s��I.l.aneous Proceeds are hereby ass�gn�d�o and shall be pa�d to Lend�r. If�he Pro�erty�.s d.amag�d, suc�i Misce�.aneous Praceed�s sha��be applied to restoratian or repa�r of�he Propert�y, if t�e restoratxon�r�-epa�r is e��nomic�ly feasibl.e ax�.d I�ender's securxty�s nat�.essened. �uring such repair and restoratxon period., Lend�r shaL��ave�he r�ght�o h�1d such�.Vliscellar�eous�roce�c�s un��. Lender�as had a�a.o�por�unity to in.spect such 1'r�pe�ty�� er�sure the w�rl�has be�comp�.e�ed to I1er�der°� 244079�� NEBRASKR-5ingl�Family�Fannie M aelFred�ie M ac�NIFORM INSTRUM ENT Form 3�28'�1Q� VM P Q 11N[P6(NE}�13�2) W alters K1uw�r Financial Services pag�g o��7