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��15�1994 <br /> con�inue�o pay�o Lend�r the ainount�f the separa�el�r design�.�ed�ayznen�s�ha�v�re�e�.ue v��en��e. <br /> t�suranc�co�erage�eased�o be xri effec�, Ler�der v���1 accep�, use and re�ai�z th��e�ayi�n.ents as a <br /> non--�efunda�Ie loss reserve�x�.1ie�:a�'Mortgage In�urance� Such l��s reserve sha1�be�.or�-refunda��e, <br /> riotvsr����stand�z�g�he fac���ia��he Loan is u1�;ima�ely paid�n full, and Lender sha1���a�be requi�ed�a paY <br /> Borrawer�.ri�i�.�eres�or earnings o�such�oss�reserve. Lender can nn l�nge�requi��e��ss r�serve pay�n��ts <br /> if Mflr�gage Insuraflce caverage��n�he amou�l�anc�for�he perioc��hat Le��der requires�prov�ded by an <br /> ir�su�e� se��cted by Le�.de�aga�n�becames av'ai�ab�e, is ��tazned, and Lenc�er rec�uire� separa�ely dusig�a�ed <br /> payme�.�s�owa�rd t�ze pre�niu��ns:for Martgage Insura�a.ce, If L��der requi�ed Mar�gage Insurance as a <br /> c�ndition nf�n�.��ng the Loan an�.Lo�rov�rer was requi�ec�ta�nalce se�ara�ely d�s�gnated pay�nen�s�av�a.rd�11e <br /> premiu�ns fo�Martgage Insura.nce, Borrower shall pay��ie premiums required.�o inain�a.in Mor�gage <br /> Insurance�n effec�, or�a provide a n�n-refundable loss reserve, ux��i�Lenc�er's.requi�rerne��for Mortga.ge <br /> Insurance end� in a�corda�ce vvi�h any Wri��en agree�nen��betvvee�Borrow�r at��.Lende�providing for suc� <br /> termiriation�r un1:�1 te�m�na��on is rec�u�red�by Applicable Law. No�h�ng�n this Sectio� 1� affects <br /> Borrower's �b1�ga�za��o pay ir��eres�a���ze ra��pro�ide�.rn the No�e. <br /> Mor�gage Insurar�ce�eimburses Le�de��o�a�zy�nti�y�ha�purchases the Nate� far ce�r�ain losses ii;xnay iricur <br /> if Lorrovtrer t�oes not repay t�l�Loan as ag�eed. Borrower is no�a party to��e 1Vlor�gage Insurance. <br /> Mar�gag�i�su�*er5 eva�ua�e�heir to�al risk on a11 such insurar�ce��:force fram�i�ne�Q��rne,, a��.may eiz�er <br /> zn�o agree��nen�s�ri�h a�her pa��ie��ha�share nr r�lod�fy the�r�is1�, or reduce��sses, Thes�agree�nen�s are on <br /> �errns at�d canditior�s���a�are sa�isfact�ry to�he xnor�gage insu��er ar�d the o�her par�y�or parti�s��a�hese <br /> agreetx�e�ts. Th�se agr�exne�z�s�nay�require��ze inor�gage insurer�o�na�ce paymen�:�using any s�urce of funds <br /> t11a��he�nor�gage insurer ma�have availabl��wl�i�h�nay��Zc�ude fu�ds ob�ainec�fro�n Mor�gage�nsura.�ce <br /> �3�'�1Tll1�.1115�. <br /> As a result af�hese agree�nen�s, Lender, �ny p�rchase�Qf�he Note, ano�her z��su�rer, ar�y reit�surer, an�o�h�r <br /> en���y, �r az�y aff�lia��of any of�he for�gair�g, �nay rece�v��d�rec��y or���i�ec��y} a�noun�s�hat derive fr�m <br /> �a�r�nigh�Ue charac�erizec�as� a par�ion of Bor�ow�r's pay�r�en�s f�r M�rtgage��suran�e,. in exchange fox <br /> shariizg or�-no�ify�ng�he�n�rtga�e insurer's rzs�f, ar red�.�c��.g losses. �f suc��.�ree�ne�1�pravides�ha�an <br /> affiliate of Lenc�er�al�es a sha�e oF the insur�r's ris1�i�.exc�ia�ge for a sha.re of��.e pre�niul�ns paid�o�he <br /> irisuret, �he arra��ge���ent i� of�en termed"ca�a�i�e re��sura�zce,"' I'urther: <br /> �a� Any such.�►g�•ee�nen�s vviYl no�affe��the amaunts tliat I3orrower has a�reed ta pny for Mor�g�g� <br /> Insur�nce, or��a�y othex•�ex�ns of the�aan. Srucli n�;reeme�its w��l.na�i�'crease�he ��noun� <br /> Barrawe�•wx��awe foz•Mor��ag�I�.s��r���c�, and they wi���iat ea�t��ie B�rrowe�to �►ny refu�id. <br /> �b� Ar��s���l� �gre�mex�ts Vv���nat affe�t�he�ri�hts I3axx�ov�er�i��-if any��i��i re�pe��t� t��e <br /> Mo�•�gage Insu�•ance�u�.dex t��e�Iam�owne�-0�l�rotec�ron�ct of 1998 nr�ny ath�r Ynw. Tlxese rig�a�ts <br /> m�y i�c�uc�e the r�gl��to rece�ve c����a�n c�isclosures, �o reques�a�d a�taX1�canc�Xl��Yon of�h� <br /> �Vlar�gage I�asi�rax�ce, �o h�ve��a.��Iv�•t�a�e Ins�t�r�n�e terin�nn��d a��tom���c��ly, andla��ta rece��e <br /> � xe�und of any�Vior��age I���ux•an�e premi���ns �hat were unearnec�a��he�i�ne af such <br /> c�.z�.c�lin�ion ar�er�nina�ion. <br /> 'I'1. A s�ig n m�n� �f M rsce I raneo us Pra�ee��; Forf e i�u re. A11 M�s�e��a.n�o�s Proce�ds a.re�zereby ass�gned tio <br /> a�d sha11 be paid�o Len�er. <br /> x��he Prope�r�y�s da�naged, such Miscellar�eous 1'r�ceec�s s�l�.��be app�ied.�o�es�orati��1 or re�air of�l,e <br /> P�operty, �f�he res�aratia�z a�repair is ecor�omic�.l�y feastUle anc�Lender's s�c��i�y is na����se�ed. Du�ring <br /> st�ch re�a�r ar�d res�o�•a��a�a.periad, Le��.�.er s��.111za.ve�:he righf;to ho�d such 1Vlisce�la�eous l'�•oc�ec�s u��.��1 <br /> Lender has�iad an oppor�u�i�y�o i�.s�aec�such Pra�er���o e��sure th�vv�rlf has�e�n co��np�e�ec��o Len.de�'s <br /> ��flo�a�3 <br /> N�BRASKA-Single Family�Fannie M ael�reddie M ac UNI�DRM INSTR[JM�NT �orm 3�28�1�� <br /> VM1'� VMP6�NE}�13�2} <br /> Wolt�rs Kluwer Financial Services Page 9 of�7 <br />