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��15�141� <br /> con�inue�o pay to Lender the amoun�of�he separate�y des�gnated payments�hat were du�when the <br /> �nsurance�overage ceased t�be�n effe�t. Lender will accept, use and reta�n�hese payments as a <br /> non-refunda�le lass reserve in l�eu of Mor�gage Insurance. Such loss reser�e shai�be non-refundable, <br /> notwithstandxng the fact tha��he L�an is ultima�el�pa�d�n fu�l, and L�nder�ha��no��e required�o pay <br /> B�rrflwer any �n��res�or earn�ngs on such lass reserve. L,�nder can no Ianger require�oss reserve payments <br /> �f N��r�gage�nsurance cfl�erage�in�he amvunt and for the period that Lender requires}pr�vided by an <br /> insurer selec�e�.by Lend�r aga�n becaxnes a�ai�abie, is obta�ned, and Lender requ�res separa��ly des�gna�ed <br /> payrnen�s�award�he prem�ums far Mar�gage�nsurance, If Lender required Mar�gage Insurance as a <br /> condition of ma.k�ng�he L�an and Borrawer was r�quired ta make separately designa�ed payments toward�he <br /> pr�miums for Mar�gage�nsuranc�, Borrawer�ha�l pa� the premuums r�qu�red to ma�ntain M�rtgage <br /> Insuranc�rn effect, or to provide a nonwrefundab�e l�ss reser��, unt�� Lender's requ�rexr�ent f�r Mor�gage <br /> �nsurance�nds in accordance w�th any wri�t�n agreemen�be�vveen Barrower and Lender pravidi�g for such <br /> �erminat��n or un�i�t�rminat�on is required by Applicab�e Law. N�thing�n this Section 1�affec�s <br /> Borr��ver's ab�iga�ion ta pay�nteres�a��he rate pravided in the No�e. <br /> N��rtgage�nsurance re�nl�bur�es I.ender�ar any en�i�y tha�purchases the Note} for certa�n lflsses�t may incur <br /> if B�rrower daes n�t repay th�Loan a� agre�d. B�rrower is not a par�y to the Mor�gage�nsuranc�. <br /> M�r�gage insurers eva�uate�heir tota�r�sk on a1� such insurance in force fr�m time ta tim�, and may enter <br /> �n��agreem�rits v�r�th�ther par��es��.at share nr m�dify�he�r risk, or reduce losses. These agre�ments are on <br /> terms and condi�ions that are satisfac�ory to the mar�gage insur�r and�he o�h�r par�y �or part�es�to�hese <br /> agreemen�s. These agre�men�s may require the mflr�gage insurer�o ma.�e payments using any sourc�of funds <br /> that�he mortgage insurer may have available�which may inc�ude funds abta�ned from Mor�gage Insurance <br /> premaiums}. <br /> As a resu�t of these agr�emen�s, Lender, any purchaser of the No�e, ano�h�r insurer, an�reinsurer, any�ther <br /> entity, or any af��ia�e of any of the f�regoing, ma�receive�d�rectly or ind�rect��} amoun�s�ha�deri�e from <br /> �or m.�g�.t�e charac�er�zed as} a por�ian of Borrower's pa�men�s for Mor�gage�nsurance, in exGhange f�r <br /> sharing or modify�ng�he m�rtgage insurer's risk, or reducing losses. �f such agre�ment provides��.a�an <br /> aff�l�a�e af Lend�r�akes a share of the insurer's risk �n�xchange for a share af the pr�m�ums pa�d�o the <br /> insurer, �he arra�.gemen��s often�ermed "capt��e reinsurance." Further: <br /> �a� Any such agreennents will not aff�ct the amounts that Borrower has agreed to pay for Martgage <br /> Ir���.�;����e, ��_���y u�����_ �+�x=����ur�.l�e L+����. �r�+������'t��11+�Ii��Wl��.T��t�ll�i����t�I�'2iI11C��l.11l� <br /> Borrow�r wi��owe for�Vlor�gage Insurance, and they w���not entitie Borrower to any refund. <br /> t b� Any such agreements w�ll nat affect the r�gh�s Borrower bas��f any�w�th respect to the <br /> 1VI�r�gage Insuran�e und�r�he��me�vvn�rs Pro�e�t�a���t���.����r any other�aw, These right� <br /> may include the right ta receive certain disc�osures, ta request and ob�ain canCel�ation of t�ie <br /> Mortgage Insurance� to ha�e th�Mvrtgage InSurance terminated automatica�ly, andlar to r�ce�ve <br /> a refund of any Nsartgage Insurance premiums that were unearned at the time of su�h <br /> cancel�at�on or term�natian. <br /> ��. Assi�nment �f N�iscellane�us Praceeds; Forfeiture. A�l Miscellane�us Prace�ds are h�reby assigned ta <br /> and sha1��e paid to Lender. <br /> �f the Praper�y is damaged, such M�scel�ane�us ProGeeds sha��be appli�d to restora�i�n or repair�f the <br /> Proper�y, if�he res�ora��on or repair�s ec�nomically feas�b�e and Lend�r's se�urxty is no�Iessened. Dur�ng <br /> such repa�r and res�oration peri�d, L.ender sha�l have the r�gh�to ha�d such Misc��lanenus Pr�ce�ds unt�� <br /> I..,ender has had an flpp�r�unity�o �nspect suc�.Proper�y�o ensure�he v�rark has be�n completed�o Lender's <br /> NEBRASKA-5ingle�amily-Fannie MaelFrerfdie Mac UNIFORM�NSTRUMENT Farm 3�28 71fl1 <br /> VMP Q VMP6�N�){�3�2} <br /> Wolters Kluwer�€r�an�ia!Se��ices Page 9 of 17 <br />