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��15�1��5 con�inue to pay�o Lender�h�amoun�.of the s�para�ely des�gna�ed payments tha�were due when�h� insuranc�coverage ceased to b��n effec�. Lender�rx��accep�, use and re�a�n�hese payments as a non-refunda�ie��ss reserve in 1�eu of Mor�gage�nsurance. Such Ios�r�serve sha��e non-refundab�e, natwx�hs�and�n�the fac�tha��he Laan�s ui�imate�y paid in fu11, and Lender shal�not be required to pay Borrnw�r an�r�nt�rest ar earnings on such loss reser`r�. Lender can na�onger require�oss r�ser�e paymen�s �f N.�artgage�nsurance�overage�in the amount and for�he periad that Lender requires}prflvided�y an xnsur�r se�ected b� Lend�r aga�n becomes availab�e, is obta�ned, and Lend�r requir�s separate�y designa�ed pa�men�s toward th�premuiums for Mor�gage Insurance. If Lender re�uired Mortgage�nsuran�e as a condition of making the Loan and Borro��r was required to make separa�ely d�signa�ed payments ta�vard the premiums for Martgage�nsurance, Borr�w�r sha11 pay�he prem�u�ms required to maintain Mflr�gage Insurance in�ffect, or t�pro��de a non-refundable 1�ss reser�e, un�il Lender's requ�rement for Mar�gage Insuran�e�nds �n accordance with any wr�tten agreement b�tween Borrower and Lender providing for such �erm�nat�an or unt��ernn.�nati�n i�required�y App�xcable Law. No�hing in�i.is Section �4 affects Borrower's ob�igation�o pa� �nterest a��he rate pr�v�ded�n the Note. Mortgage Insuran��re�mburses Lender�or any entit�that purchases�he No�e} f�r cer�a�n lflsses xt�rna��ncur if Borrower dves not repa��he I�an as agreed. B�rr�v�rer is not a par�y t��e M�rtga�e Insurance. Mflr�gage�nsurers ev�a�ua�e their�ota1 risk on aIi such insurance�n force f��m tim��o time, and may enter in�a agreements wi�h oth�r par��es�hat share or m�d�fy�heir ris�, or reduc��oss�s. Th�s�agreements are�n ��rms and c�ndi��ons�hat a.re�at�sfac��ry to the mar�gage�nsurer and the other par�y�or parties}to�hese agre�ments. These agreements may require�he mor�gage�nsurer to make payments using any source v�funds that�he martgage insurer may have a�vailable (which ma�inc�ude funds ab�a�ne�i from Mor�gage�nsurance premiums}. As a resu�t af t�.ese agreemen�s, L�end�r, an�r purchaser of the No�e, ana��er�nsurer, an�r reinsurer, an�other enti�y, or any affi�iate of any of�he f�reg��ng, may receive�d�rectly or indirectl�} amoun�s�hat derive from �or might�e character�zed as} a por��on of Borrflw�r's paymen�s for Niar�gage�nsurance, in�xchange for shar�ng ar modify�ng the mor�gage insurer's risk, or redu��ng ��sses. �f such agreement pr�vides tha� an aff�iia��of Lender takes a share of the insurer's risk in exchange fvr a shar�e�f�he premiums paid t�the insur�r, the arrangem�n�is often�ermed "cap�i�re re�nsurance." Fur�her: �a� Any such agreemen�s will not affec�the amoun��that Borrower has agreed to�ay for Mor�gage Insurance, nr any other terms of the Laan. Such agreem�nts vv��not increase the am�unt Borrawer�v��ovve for�Vlor�gage Insurance, and�hey w�ll n�t entitle Borrawer ta any r�fund. t b� Any such agreements w�il not affect the r�gh�s Barrower has-if a�y�with respect to the Mortgage Insurance under the�Iomeowner� Protect�an Act of 1�8�r any o�her law. T�ese rig�its may inc�ude the r�ght to rece��ve certain dis�Iosures, to request a�.�abtain cancellat�on of the Mvrtgage Insurance, to have the Martgage Insurance term�nated a��matically, andlar to r�e�� a refund�f any Martgage Insurance prem�ums that were unearned�t the t�me of such cance��at�on or term�nation. ��. Assignment of M�scei�aneous Proceeds: Farfeiture. All M�sce�lan�ous Proceeds are h�re�by assi�ed ta and sha11 be paid�o L�nder. �f the Property is damaged, such M�scellaneaus Proceeds shai�b�app�ied�a restoration or repair of�k�� Pr�per�y, if the re�torat�on�r repair is econornical�y feasib��and I.�nder's sec�r�t�is n�t�essened. I]uring such repai�and res�ora�i�n p�riod, Lender sha�i have the r�ght�o ho�d such N�iscellaneous Praceeds un�i1 Lender has had an oppor�un�ty ta �nspe�t such Proper�y to ensure the��k has been comple�e�to Lender's NEBRASKA-Singte�ami�y-�annie Mael�reddie Mac UNIFORM INSTRUMENT �vrrr�3428 11�� VMP� VMPfi{NEy t13Q2� Wolters Kluwer�inancia!5er�i�es Page 9 of 17