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��15�3337 �on��nue to pay ta Lender the amaun�of the separate��designa�ed payrn.ents tha�were due when th� insurance coverage�eased�o be in effec�. Lend�r will acc�p�, use and re�a�n these payments as a non-refunda��e�oss reser��n lieu of N�artgage �nsurance, Su�h loss re�erve sha�i be non�r�fundable, natw��hstanding�he fact that�he Loan is u�timately paid in fu11, and Lender shal� no�be requ�red�o pa�r Borrav5rer any �n�erest or earnings on such�oss reserve. Lender can no Ionger r�quzre Iass reser�e paymen�s �f Mortgage Insurance c��rerage��n�he amount an�.for the period�hat Lender requ�res}provided by an insurer se�ected�y Lender aga�n�ec�m�s ava�Iable, is obtain�d, and Lender requ�res s�parat�ly designated pa�ments tov�rard�h�premiums far Mar�gage�nsuran�e. �f I,�n�er requir�d Mor�gage Insurance as a condit�an of mak�ng�he L.aan and Borrower was requ�re�.t�mak�separa�ei�r deszgnated payments�oward the premiums far Mor�gage�nsurance, Borr�w�r sha��pay the prem�ums requ�red�a�main�ain Mortgage �nsurance in effect, flr��provide a non-refundab�e��ss reser�e, until Lender's �equ�rement for Mor�gage �nsuran�e ends iri accordance wi��any wri�ten agreen�.ent be�w�en Borr�wer and Lender pro��ding for such terminat��n or un�il term�nation is requ�red by App�icab�e La�r. Noth�ng in this Sect�on ��affects B�rr�wer's ob��ga�ian�o pa�int�rest a�the ra�e prov�ded in�he Nfl�e. Nl�r�gage�nsuranct re�mburses L�nder��r any enti��hat purchases�h�N�te} for certain losses ��may incur if Borrower does n�t repay the Laan as agre��.. B�rrnwer is no�a par�y�a�h�N�or�gage Insurance. Mortgage insurers eva�ua�e�heir to�a� r�sk�n a�� such�nsurance�n force from�ime�o t�me, and may�nter into agreements with o�her par�ies�ha�share or rn.od�fy the�r risk, or reduce losses. These agre�ments are�z� terms and cand�tions tha�are sa�isfactor� �o the mor�gage insurer and�he other party ��r par��es} �o these agreements. These agr��men�s may require�he mortgage�nsurer to rnake pa�rments using any s�urce of funds �ha�th�mor�gage insurer may have ava�lab�e�wh��h may inc�ude funds ab�ained from Mor�ga�e�nsurance premium.s}. As a resul�of fhes�agr�ements, Len�er, any purchaser af the N��e, ano�her�nsurer, any reinsurer, any ather enti��, or any aff��iate of any�f the for�go�ng, may rec�i�e�direc��y�r�nd�rec��r� amounts that deri��from ��r might�e charac�er�zed as} a portion of Borrov�rer's pa�rments far N�ortgage Insurance, in exchange far sharing�r mod�f�ing�he mor�gage�nsur�r'� risk, or reducing �osses. �f such agreem�n�pro�v�des�hat an aff��a�e of Lender�akes a share of�h�insurer's risk in exchange for a share af the premiums pa�d�o�he insurer, the arrangemen� �s often�ermed "cap��ve r��nsurance." Further: �a� Any such agrcem�nt5 will not affe�t the ann�ounts tha�Borrower has agreed to pay for Mortgage Insurance, or any other terms af the Loan. Such agreements w��no�increase the amvunt Borro�er wi�i owe for Mor�gage Insurance, and�hey wi��not en�itie Borra�v�r to any refund. �h� Any such agreemen�s w��not affect the rights Borrower has �-if any�w�th respect to the Mor�gage Insurance under�he I3omeowner�Prote�t�an Act af 1995 or any other lavv. These rights may�n��ude the righ��o recei�e certain disc�asures, ta request and flbtain cancel�ation af the Mor�gage Insurance, to have�he Mar�gage Insurance term�na�ed automatical�y, andlor to rece��e a refund o�any Martgage In�urance premiums�hat were unearned a�the time of such cance��ation vr termination. '1�. Assignment of M�scel�aneous Prviceeds; Farfeitu�e. Al� Miscellaneaus Prnceeds are herehy assigne� to a.�d sha��be paid�a Lender. If�he Propert�r �s damaged, such M�scellane�us Prac�eds sha�� be appi�ed��re�tara�ion�r repa�r of�he Proper�y, if�he restoratian or repair is ecanamica�iy feas�b�e and Lend�r's securi�y is na��esse�ed. Dur�ng �uch repair and r�storat�on period, Lender sha��ha�e�h�r�ght to hold such Misce�laneous Pr�ce�ds until Lender has had an apportunity to �nspect such Praper��ta ensure�h�w�rk has b�en camp�eted�o Lend�r`s NEBRASKA-5ingle Famiiy-Fannie MaelFreddie Mac UNI��RM INSTRUM�NT Form�o�s�io� VMP Q VMPfi�NE�{'I3Q2f Woltsrs Ktuwer Financiat Ser�ices Page 9 v#17