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��15�4541 can�inu�to pay�a Lender�he amount�f�h�s�para�ely d�signated pa�rments tha�wer�du�wh�n the insurance covera�e ceased�a be�n eff�ct. Lender w�l� accep�, use and re�a�n these paymen�s as a non--r�fundab�e loss reser�e zn Izeu of Mortgage Insurar�ce. Such lass r�serv�shal� be nonWrefunda�hle, no�w��hstand�ng the fact�hat�he Loan is ultimate�y paid in fui�, and L�nder sha�l not be required ta�ay Borrower any�nterest or earn�ngs on su�h loss resez-`re. Lender can na��nger requ�re loss r�serve paym�nts if Mor�gage�n�urance caverage�in�he amount and far the p�riod that L.�nder requires}provided by an �nsurer selec�ed by Le�der again becomes available, is ab�ained, and Lender r�quir�s s�parate�y d�s�gnated paym�n�s toward�h�premiums far Mor�gage�nsurance. �f L�nder r�quired Mor�gage Znsurance as a condit�on of makin��he Loan and Barrower was r�qui�red to make separate��r designated paymen�s toward�he premiums for Mor�gage�n�urance, Borrower shall pay the prem�ums required to mainta�n Martgage �nsurance�n effe�t, ar�a p�ra�ide a nan�refundab�e los�reserve, unt�l Lender's requ�rem�nt for M�rtgage Insurar.�ce ends in accardance with any wri�ten agreement�e�v�e�n Borrower and Lender pro��ding for such termination nr until term�nat�an i� re�u�r�d by Appi�cabie Law. Nothing�n this 5ec�ion �D aff�cts Borrawer's obX�ga�ion to pay in�erest at�he rate pravided in the Not�. Mor�gage Insurance reimburses I.�nder��r any enti�y�hat purchases�he Nate}for cer�a�n�osses it may incur if Barrov�rer does not repay�he Loan as agreed. B�rrower is nfl�a par��to th�Mortgage Insurax.lce. Mor�gage insurers eva�uate�heir tatal rxsk on a��such insurance�n farGe fr�m time ta time, and may enter into agreements wi�h o�her parties that share or modify their r�sk, or reduc�losses. These agreements are on �erms and condit�ons�:h.a�are satxsf�ctor�to the mar�gage insur�r and�he other par�y�or part�es}�o these agreements. These agreemen�s may requ�re�he mor��a�e�nsurer to make payments using any s�ur�e of funds tha�the mor�gage in�ur�r may have availat��e(wh�ch may�nc�ud�funds obta�ne�from Mor�gage�nsurance premiums}. As a result of these agreements, Lend�r, any pur�haser of the Nate, ano�h�r insurer, �n�reinsurer, any�ther enti��r, ar any af��a�e�f any of the faregoing, may r�ce��e�direc�ly or�ndirec�� arnoun�s �hat derive fra�n �or might be�harac�er�z�d as}a portian of BorrQvver's pa�rments far Mortgage InsUrance, in�xchange for shar�ng or modify�ng the martgage�nsurer's r�sk, or reducing losses. If such agre�rnent pravides that an affi�iate of Lender tak�s a share of the insurer's risk in exchange for a share of�he premiums paid�o th� insurera the arrangemen��s aften termed "�aptxve reinsurance.'t Fur�her: �a� Any such agreements wi�I nat affect thc arnoun�s tha�Barrower has agreed to pay for Nior�gage Insurance, or any ath�r t�rms nf the Lnan. Such agre�rnents wil�not increase the amount Borrawer wi��owe far Mar�ga��Insurance, and they wil�not en��le Borro�er to any refund. {h� Any 5uch agreem�nts w��n�t affec�the righ#s Borrower has-�if any-w�th respect to the Mor�gage InSuran�e under the Homeow�.Yers Pro��ction Act of 1�98 or any other law.'The�e righ�s may inc�ude the righ�ta r�cei�e certaxn c�i�closure�, to reques�and o�ta�n��i��a��h�� Mortgage In�urance, �a have�h�Mor�gage Insuran.�e terrnxnated au�omatically, andlor to receive a refund af any Martgage Insurance prerniums�ha� were unearned at the time of such cance�Ia�ian or termina�iun. 'I'�, Ass�gnment vf NN�sGeiianeaus Proceeds; F�rfe�ture. All Misce�laneous Proceeds are hereby ass�gn�d to and sha�l b�paid to Lender. �f the Praperty xs damaged, suc;h Miscelianeous Prace�ds sha��b�applied�o restoration or repair�f the Proper�y, �f�h�restorati�n or repa�r�s econnmically feasi�le an.d Lender's securit�is no�lessened. During such repa�r and restoration�cri�d, L�:nd�r�ha11 hav�th�r�gh�to hold sucl�Mi�cel�aneou�Proceeds until Lender has had an opp�r�unity�o �nspect such Praper�y�o ensure�he vvor�has been comp�eted to L.ender's NEBRASKA-5ingle Family-Fanr�ie Mael�reddie Mac UNIF�RM�NSTfttJMENT Form 3��8 31�1 VMP Q VMPfi[N�j i�3�2) WDlters iCfuwer Fn�nCiaf SCrViCeS P�S�9°��