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. ��15�4�� - , . � payments t�ward the prerriiums for M�rtgage Insuran�e,Borrvv�rer shall pay the premiums requ�red to . obta�n co�era.ge substant�ally equi�a�ent to the Mortga�e Insurance prev�ously�n effect,at a�ost substantially equivalent ta the c�st to Borrov�er of the Martgage Insuran�e previously in effect,from an alternate mo�tgage insurer selected by Len�er. If substantia�iy equivalent Mortgage Insurance ca�era.ge is not a�aila��,Barrovver shall��nt�nue to pay to Lender the amount of the separately designated payments that vver�due v�hen the insurance co�erage ceased to be in effeCt.Lender v�ill ac�ept,use and retain these payments as a non-refundable�oss reserve in lieu of M�rtgage Insurance. Such loss reser�e shall be non-refundable,notwithstanding the fact that the Loan is ultimately paid in fu11,and Lender sha11 not be required tv pay Borrower any�nt�rest or earn�ng�on such loss reserve.Lender can no longer require l�ss reserve payments if Mor�gage Insuran�e coverage (in the amaunt and for th�period that Lender requires]pr�vided by an insurer sel�cted by Lender again bec�mes availab�e,is obtained,and Lender requires separat�ly designated payments tov�ard th�premiums for Mnrtgage Insurance.If Lender requ�ired Mar�gage Insurance as a condition of mak�ng the Loan and Borro�er was requir�d to make sepaxately designated payments towaxd the premiums far Mnrrga�e Insurance,Borr��er shall pay the premiu.ms required to maintain Mortgage Insurance in effect,�r to provide a nan-refiindable loss reser�e, until Lende�'s requirement for M�rtgage Insurax�ce ends ix�aceordance with any written agr�ement betvveen Borrovv�r arid Ler�der providing for such tenmination or until tenninat�on is required hy�,Appli�able Law. Nothin��in t�iis Sect�on �D a�fects Borrower's ob�igation to pay interest at the rate pravided in the Note. Mortgage�Insurar�ce reimburses Lend�r(or any en�ity that purchases the Note}for cert�in loss�s it may incur if Barrovver does not repay the Loan as agreed.Borrov�er�is not a party to the M�r�gag�Insurance. Mortgage insurers e�aluate th�ir tatal risk�n a11 such insurance�n force fro�n time to time,ar�d may enter into a�re�ments with other paxties that shaxe�r mod�fy t1��ir risk,or re�uce losses.These agr�ements are on terms and conditions that ar� satisfactary ta t�i�mortgage ir�surer and the oth�r par�y tor parties}to these agr�ements.These agreements may require the mor�gage�nsurer to make payments using any source of funds that the mortgage insurer may have a�a�ilable tvvhich ma�include furids obta�ined from Mor�gag�Insurance premiums�. � � As a result of these agreem�nts,Lend�r,any purchaser�f fih�Nt�te,another insur�r,any reinsu�+er,ar�y �ther entity,ar an�a�ff'iiiate of an�flf th��oregoing,may re�eive(directiy or indirectly)amounts that derive fr�m�or might be characteriz�d as}a portian of Borrovver's payments for M�r�gage Insurance,in exchange for sharing or modifying the mor�ga�e insurer's risk,or reducing losses. If such agreement provides that an aff��iate of�ender takes a share of the insurer��risk in exehange for a share�f the premiums pa�d to the insurer,the arrang�ment rs af�en termed��'capti��reYnsurar��e." Further: (A} Any �uch agreements will nat affe�t the amaunts that Borrawer ha� agreed ta pay far Mortgage Insurance, or any ather t�rms of the Loan, Such agreements will not increase the am�unt Barrower will �we for Mortgage Insurance, and they will not entitle Borrow�r to any refund. �B} Any �uch �greement� wi�I n�t affe�t the righ�t� B�rrow�r has - if any - with re�pect to the Mortgage In�uran�e under the Hvmeown�rs Pratection Act of 19�8 or any ather law. The�e r� ts may includ� the right to receY�e certain di�c�osur��, ta request and �btain cancellatian � . . of the Mortgage In�urance, ta ha�e the Martgage Insurance term�nated automat�cally� andlor ., HCF�-��9 NEBRASKA-5ingle Family-Fannie MaelFreddie Mac L1NIF�RM INSTRUMEIVT Form 3�281I0'I VMP� , ' OS!'#4 Wok�ers Kluwer Financial Servioes 201 50521 1 5.1.0.3112-,.i20150123Y �9e g�'�7 • *61074�15219* . . •, : .' . ' '