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��15�4931 cantinue ta pay to Lender�he arnount of the s�parate�y�iesignated paymen�s tha�we�re due when the insurance ca�erage c�ased to be�n effect. Lende�w�ll acCep�, us�and retain�h�se payments as a � non-r�fundable loss reser�c in��eu af Mor�gage�nsurance. Such l�ss reserve shai�be non-refundable, notwi�hstanding�he fac�that the Laan is u��m��i�paid �n ful1, and L.e�der shail n�t be requir�d tQ pa� Bor�rower any intcrest or earnings on such��ss reserve. Lend�r can na langer requ�re loss reser�e payments if Mortgage�nsurance ca�erage�in the arnount and far the pe��d �hat Lender requires}pro�id�d hy an insu�er se�ected by L�nder again bec�mes a�ailab�e, is abta�ned, and Lender reguires separately designated pa�ments toward the premiums far Martgage Insurance. �f L.�nd�r r�quired M�r�gage�nsuranc�a�a cand�ti�n�f making the L.�an and Sorrower�as requ�red�o make separately designated payrnen�s taward�he premiums for Mortga�e Insurance, B�rrovver shail pay the prem�um�s requ�red�o maintain Mor�gag� �nsuranc�in�ffect, or ta provide a n�n-z�efundable loss reser�e, unt�1 Lender'� requ�rement far Mortgage �nsurance ends in accordance with any�vr�tten agreement between Barrower and Lender providing for suGh �erminat�on or until�errnination is required by Applicable Law. Noth�n�in�his Secti�n 14 affec�s Barrower's abl�ga�zon ta pay interest at�h�rate p�ov�ded in the Ivat�. Mor�ga��Insurance reimburses�..ender�or any en��y that purchases�he No�e� for certain�osses it naay incur if Borrower does n��r�pay the Loan as agre�d. B�rrower is na�a party�o�he Mar�gage Insurar�ce. Mar�ga�e insur�rs e�alua�e their to�al risl�an all suc��nsuran��in farce from tim��o t�me, and may enter into agreements wi�h other par��es tha�sha�re or rnodify the�r risk, ar reduce losses. These agreements are an ��rms and condi��ons that are sat��factory�o�he mar�gage insurer and the o�her par�y�or part�es}�o these agreem�n�s. These a�r�e�nents may r�quire�he mar�gage insurer�a make pa�ments using any source of funds that the mortgage insurer may hav�e a�aiiable�which may include funds obtained from Mor�gage�nsuran�e premiums}. As a result of these agreernents, I.�nder, any purcha�er af the NQte, ano�h�r insurer, any reinsurer, any other ent�ty, or any aff�lia��of any of the foregoing, may recei�re�dire�tl�or indirectly}am�unts �hat deri�e fram �or might be characterized as}a por�ion of B�rrower's payments for Mar�gage Insurance, in ex�hange for sharing or mod�f�xng�he mor��ag�insurer's risk, or r�ducing losse�. �f�u�h agr��m�nt pr�vides that an aff�lia�e of I.ender�akes a share�f the insurer's rzsk�n e�change for a share of the premiums paid��the insur�r, the arran�ernen�is of�en termed "captiv�r�insurance." Fur�her; �a; Any such agreemen�5�i�i not affect�he amoun��tha�Bvrrower has agreed to pay for Mortgage Insurancey or any other terms of th�Loan. Such agreernen�s will nat�ncrease the amount Borrower wi�i owe far Mortgage Insurance, and�hey wil�no�en�itle Bvrrower tv any refund. ��} Any such agr�emen�s will not affect the righ��I3orrower has-�f any-with r�spect to the Mar�gage Insuran�e under the I-�omeowners Pratec�ian A��of 1998 or any o�her�aw. These righ�s rnay includ�the right ta rece�ve�er�ain disc�vsures, to request and ob�ain cancei�a��on of th� Mor�gage Insurance, �a hav��he Mortgage Insurance�erm�nated automaticaiiy, andlor�o recQi�e a refund af any Mor�gage In�urance premxums�hat were unearned a�the time af such �ancel�a�ion vr termina��on. '�'I. Assignment of M�sce��anenus Prnceeds; Forfeiture. A�1 Miscellaneaus Praceeds are hereby as�igned�o and shal��e paid t�Lender. �f the Pr�p�r�y is damaged, such M�sce�laneaus Praceeds shal�be applied to restoration or repair a�the Proper�y, if the restaration or repa�r is econamically feasibl�a.nd Lender's security is not lessened. Dur�ng such repa��-and res�orat�an period, Lender shall ha�e the righ�to ho�d such Mxsc�ilaneaus Pro�e�ds until Lender has had an opportunity��insp�c�such Proper�y t�ensure��e w�rk has been comp�e�ed�o I,ender's N�gRASKA-Single�amily-�annie Masl�reddie Mac IJNIFORM(NSTRUM�NT Farm 3428�101 VMP(�g VMP6[NEy i'�3D2) Wolters Ktuwer Finan�ial 5er�ices Page 9 af 17