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��15��174 con�inue to pa�ta Lender��.e amaun�of�he s�paratel�des�gna��.pa�ments tha�wer�due when the �nsurance ca�erage ceased�o be in effec�. Lender v�r�ll a�cep�, use and re�ain th��e pa�men�s as a non-refundable loss reser�e in�ieu of Mor��age Insurance. Such loss r�s�r�re shali be non�-refunda��e, nfl��viths�anding�he fac��at�he Loan is u��imately paid�n fu�l, and L.end�r shall n��be requ�red to pay Borr�vver any interes��r earnings on�uch��ss r�serve. Lender can no �onger require lass reserve payments if Mor�gage Insurance ca�erage�in th�amoun�and for the per�nd that L�nder requires�prov�ded b�r an insurer se�ec�ed by Lender again becomes a�aiiable, is ob�ained, and Lender requires separate�y designa�e� payments�oward the premu�ums f�r Mor�gage�nsurance, �f Lender required N�ortgage�nsura�.ce as a condi�i�n of ma.�ing t�.e Laan and Borrower was require�.to make separa��r designa�ed payments�avvard the pr�miums for Mor�gage Insurance, B�rrov�er sha��pa��he pr�miums required to main�ain Mortgage Insurance in effect, or to pr�v�de a nan�refundab�e loss reser�e, un�il Lender's requirement f�r M�rtgage �nsuranc�ends in accardance wi�h an.y wri��en agreem�n�hetween Borrower and L�nd�r pr�v�ding f�r such termina��on or until termination is requir�d b� Appl�cab�e Law. NQthing �n�his Section �0 affects Barrow�r's ob�igatxan�fl pay in�er�st at�he rat�pro�ided�n�he Note. Mor�gage�nsurane�reim.burses L.ender�ar any�ntity tha�purchases the��e} for cer�a�n losses it may incur �f Borrov�er d�es not repay the Loan as agreed, Borrower�s nflt a par�y to the Mor�gage Insuranc�. Mor�gage�nsurers e�alua�e�he�r total risk�n a1� such insurance�n f�rce fr�m�ime��ime, and may enter into agreemen�s�vith o�her par�ies tha�share or modify their risk, or reduce�osses. These agre�ments are on terms and Gond��ions �ha�are sa��sfactory to�he m.or�gage insurer and�he other par�y �or par��es}�o these agreements. Thes�agreements ma�require�he m�rtgag��nsurer to rnak�pa�ments using any source of funds �hat�he mor�gage�nsurer may ha�e a�ailab�e�which may inc�ude funds abtained from Mor�gage�nsurance premuums}. A� a result of these agre�men�s, Lender, any purchaser of�he Note, another insurer, an�reinsurer, any other ent�ty, or any aff�X�ate nf any af�he for�gaing, rnay r�cei�e�direc��y or indire��iy} amaunts tha�derxve frQm ��r migh�be charac�er�zed as} a por�i�n of Borr�wer's paymen�s f�r Mortga�e Insurance, in e��hange for sharing or m�difying the mar�gage insurer's risk, or reduc�ng 1oss�s. �f such agre�ment provides�hat an aff��xa�e�f Lender takes a share of�he�nsurer's risk �n e�change for a share of the premiums pa�d to�he �nsurery the arrangemen��s af�en�ermed "cap�i�e re�nsurance." Fur�her: ta� Any such agre�m�nts►w��not afFect the amount�that Borrower has agreed to pay for�Vlortgage In.�uranc�, or any other terms of the Loan. Such agreements wx�l na�in�rease the amount Borrower w��owe for Mortgage Insurance, and they w��not ent�tle Barrower to any refund. {h 3 Any such agreem.en�s w��nat affect�he right�B�rrower has-if any-with re�pect to the Mortgage Insurance under the Hnmeowners Pratectxon Act of 1998 or any other law. These rights may inc�ude the right to re�e��e�ertain d�isc�osures, to request and ob�ain cance��at�an af the Mortgage In�uran.ce, to have the Mor�gage Insurance terminated automat�ea�ly, andlor tv rece��e a refund af any Mnrtgage Insurance prem�ums that were unearned at the tinae�f such canceliatian or�erminat�on, 'i'I. Assignment vf Miscellaneous Praceeds: Forfe�ture. A�� M�scellan�ous Pr�ceeds are her�by assigned to and sha��be pai�ta Lender. �f the Proper�� s damaged, such Mis�ellaneous Proceeds shal�b�appli�d to restoration or repa�r�f�h� Proper�y, if�he restora�i�n or repair�s ec�nom�cai��r feasib�e and Lender's securi�y is no�Iessened. During such repa�r and restara�ion per�od, Lender sha�1 have the r�ght�o hald such Misce�laneous Proce�ds un�i� L�n�er has had an oppor�uni�y to �nspec� such Property�o ensure the work has been completed ta Lender's N�gRASKA-SingEe�amiiy-Fannie Mael�reddie Mac UNIFORM INSTRUMENT Fvrm 3428 1147 VMP Q VMP6tNE3�13fl2) Wo�ters Ktuwer�ir�ancial 5er�ic�s Page 9 of 17