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� • ��15�1454 Any amoun�s disburs�d by Lender under this ��tion 9 sha11 becom�addi�iana� debt of Borrower secured by this Security�ns�.rumen�. Th�se amaunts shal� bear int�rest a�the Note rate from the date of.d�shu.rsemen� and sha��be payable, with such�nterest, upan natice frnm Lender�a Borrower reques�ing payment. If�his Security�nstrument is on a leasehold, B�rro�ver sha�l comply v�ri�h a.��th�pro�isions of�he lease. If Borr�wer a�quires fee title to the Property, th�leasehold and�he fee ti��e sha11 not merge unless Lender agrees�o the merger in�vriting. . � '�U. Itill or��ag� I nsu rance. If Lender required Mflrtgag;e�nsuran�e as a condit�on of making�he Laan, Borrov�er �hall pay the premiu.ms requ�red to main�ain�h�Mor�gag��nsura�ace in effect. �f, for an�r reason, the Martgage Insuranc�co�erage required by L�nder ��ases to be ava�la�le from the mortgage insurer tha� pre��ously pro�ided such insurance and Bnrrower was required to make separa�ely designated payments taward�he premiums fo�Mort�age�nsurance, Borrovtrer sha11 pay the prem�urns requ�red to ob�ain caverage subs�antia�ly equivaien�t�the Mortgage�nsuranc�previous�y in effec�, at a co�t substan�ia�ly equiva�ent to �he cos��Borrov�er of�he Martgage�nsurance previously in effect, from an alterna�e mortgage�nsurer selec�ed by L�nder. �f subs�antiaily equivalen�Mor�gage Insurance c�verage is not availab�e, Borra�ver sha�� con�inue to pay to Lender�h�amaun�af�h�separa�e�y deszgnated paymen�s that wer�due when the insurance�average ceased�o be�n effe�t. Lender will accep�, use and re�ain these paymen�s a� a no��-refundable lflss reserv�in 1i�u of Mor�gag��nsurance. Such loss r��er�e shal�be non-refundable, notwi�hs�anding�he fac�that the Loan is u�timately paid�n full, and Lender sha11 no�be required to pay Borrflwer any in�erest or earn�ngs on such loss reser�e. Lender can no longer require loss reser�e payments if Martgage�nsurance co�erage�in the amount and for the periad that Lender requ�res�pro�ided by an insurer select�d by.Y,�nd�r again bec�mes available, is obta�ned, and Lender requir�s separatel�d�sxgnated paymen�s toward the premium�f�r Mor�gage�nsurance. �f Lender requ�red Mor�gage Insurance as a condi�ifln of making the Loan and�arrower was required to make separa�e�y designa�ed payments��ward the premiums for Mar�gage�nsurance, B�rrower shall pay the premiums required�o main�ain Mortgage Insurance in effect, or to pro�i�e a non�refundable�oss reser�e, until L�nder's requ�rement for Mor�gage �nsurance�nds in accordance�v�th any written agreement between Borrower and Lender�r�vid�ng for su�h �erminatian or unti�termination is required by Applicabie Law. N�t�11I1�lI1 t�115 Se��1Qr1 I� a.ff�CtS Borrav��r's ob�igat�an to pay�nterest at the rate pro��ded in the Note. Mor�gage Insurance reimburses Lender��r any entity that purchases the N�te} for certain loss�s �t may incur �f Barrfl�tnrer does not repay��Loan as agr�ed. Borrawer is not a party�o the Mortgage Insurance, Mor�gage insur�rs ��aluate their total r�sk on all such�nsuranc�in force from time�o tirne, and may enter xnto agreements w�th other parties tha�share or madify�heir risk, ar redu�e lass�s. These agr�emen�s are on terms and condi�i�r�s that are satisfactory t�the rnortgage znsurer and the other party�ar par�ie��to these agre�m�nts. These agreements may requir��he mortgage insurer t�make payments using any source of funds that the mar�gage insurer may have avai�able�vvhich may include funds�btained from Mortgage�nsurance premiums). As a result of these agreements, Lender, any purchaser af the Note, a�ao�her insur�r, any re�n5llrer, any o�her ent�ty, ar any affi��ate of any of the forego�ng, may receive�d�r�ct�y or ind�rectly� ams�unts that - d�riv�from�or might be characterized a�s� a portion of Borrower's payments for Mortgage�n�urance, in exchange for sharing or modify�ng�he mflr�gage insurer's risk, ar reduc�ng losses. If such agreement pro�rid�s that an affzliate�f Lender�akes a share of the in�ur�r's ri�k�n exchang�far a share of the premiums paid to the insurer, �he arrangement is aften termed "captive reinsuranc�." Further: 8$�15$7�95 _ �� ,�r�, �,� . �+� 88fl1687�35 NEBRASKA 5�ngle Family Fat�n�e MaelFreddEe Mac IJN�F�RM lNSTRl1MENT WITH MERS �' ��- Form 3p�8�1D� VM P Q • VM PfiA�NE�(130�} W�Iters Kfuw er Finartcial Servic�s Page 9 of 1 T