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��15�4573 cflntinue to pay to Lender the amount of th�separa��Iy des�gna�ed payments tha�were due when the insurance�o�rerage cea.�ed ta be in effect. Lend�r wi11 accept, us�and retai.n�hese payments as a non--refundalai�Ioss reserve in Iieu of Mor�gage Insurance. Such lass reser�e shal��e n�n-refundable, notvvi�hstandrng the fact that the Loan�s ultxmately paid�n ful�, and Lender 5ha11 not be requYred�o pay Sarrower any�nteres�or eaznings on�uch Ioss reserve. Lender can n�longer re�uire�o5s reserve payrnents if Mortgage�nsurance co�erag�(�n the amaun�and for�h�e per�od�hat Lender requires}pro�id�d by an insurer sexected b�Lender again becomes��a.i�able, is abtaineda and Lender requires separatel�designated paymen�s�oward the prerniurns for Mortgage�nsurance. If Lender require�Mortgage Insurance as a condxtxon of m�aking the Laan and Borrawer v�a.�required to make s�para�e�y desxgnated paymen�s�ov�rard the premiu.n�s for Mortgage Insurance, Barrower sha�1 pay th.e prerniums required�o rna.intain Mortgage �nsuran�in effec�, or�Co prvvide a nan--refundable Ioss reserve, unt��Lender's re�u�r�ment far MorCgage Insurance ends zn accordance�xth any wri�ten agreemen�betv�een Borrov�er and Lender pro�iding for such termrnation ar unt��ter�mination�s required by App1 icable Law. Nathing�.n this Section 1�affects Barrower's ob�xgat�on�o pa�interest at th�ra�e pr��ded in the Note. Mortgag�Insurance rexmburses Lender�or any entity that purchases the Note} for certain�oss��it may�n�ur if Borrower does nv�r�pay�he Lo�n as agreed. Borrower is not a part�r to t�i�Mortgage Insurance. Mortgage�nsurers e�aluat�their to�a.I risk an ail such�nsurance in force from�ime to tirne, and may enter intn agreements with o�her parxie5�hat share or mod�fy th�ir risk, or reduce losses. These agreements are on t�rrns and condiCions that are sa�isfac�or�to�he martgage insurer and the other part��or part�es}ta these agreements. These agreemen�s rnay require the rnortgage insur�r�o mak�payments using any source of funds �hat the mortgage insurer may have avax�ab�e�whzch rnay inciude funds abta.ined from Martgage Znsurance premiums�. As a r�sult of these agreements, Lender, an�purchaser of the Not�, ari.other insur�r, an�reinsur�r, any ather ent�ty, vr any aff�lia�e of an�of the fQreg�xng� may recei�e�direct�y vr indxrectXy}amoun�s that deri�e from �or migh�be�harac�erized as}a partian of Barrovwer's payments for Mortgage Insurance, �n e�change far sharing ar mod�fying the mortgage�nsurer's r�sk, or reduczng losses. If su�h agreernent pra�id�s tha�an aff I i�te of Lender takes a share of�he insurer"s ri�k Yn e�change for a share❑f the premiurns paxd�o the rnsurer, the arrangemenx is often termed "cap�ive reinsuran�e," Further: t a� Any such agreements wi�l n4t affect the amounts that Sorrower has agr�eed to pay for Mor�ga�e Insurance,or any other terms of the Laan.Such agreements wilY not�ncrea�e the amount Borrower will owQ for Mortgage Insurance, and they�w�ill not entYt�e Borrower to any refund. �b� Any such agreements wx�.�not affect the r�ghts �orra�er has-a�f any-with resp�t to the Niortgage Insurance under the Homeowners Protect�on Act af 19�8 vr any other law. Th�e r�ghts may�nclude the right to rece�ve certa�n disc�osures, to request and obtain cancellatYon of the Mortgag�Insurance,ta ha�e the M�rtgage Insuranc�terminated autvmat�cally,and]or to recei�e a refund of any Mortgage Insurance premxums that were unearned at the time vf such cance�Yation or termin�►t�vn. �'[. Assignment�f t�liscel�aneous Proceeds; Fvrfeiture. All Misc��an�ous Pro�ed.s are hereby assigned ta and shall be gai�.to Lender. If the Property is damageci, such Miscel�aneous Proceeds shali b�applied to restara�ion ar repair of the Proper�y, zf the restorati�n Qr repair is econarnicalxy f�asible and Lender's securit�is not I�ssen�d. During such regair and r�stora�ion period, Lender shail�a�e the r�ght�o hald such Miscel�aneaus Proc�eds unti� Lender has had an oppor�unity t�xn,sp�t�uch Proper�y ta�nsure the wark has been complet�d.to Lender's NEBRASKA-5mgle Family-Fannie Ma�l�reddie Mac UNI��RM INSTRUIYIENT Farm 3D28 71D1 UMP� VMP6iNE�{1302).�0 Wolters Kluwer F�n�ncial S�r�rc�s p��g�f�7