Laserfiche WebLink
��15���58 <br /> paym.en-�5 tow�.rd�I1e prem�ums for M���g�.ge In.surance,Barrower s�zall p�y�he�re�niu�ns rec�uired�c� <br /> o���:in coverag�su.bstant�al�y ec�u�va�en����he 1Vlor�gage I�.su.rance p�e���us�y�n effec�, a��.cost <br /> subs�a.nt�ally e�uival��.��o�he cast�o Barrower af the Mar�g�.g�I�a.surazzc�p�ev�ous�y irl effeGt, from �n <br /> a�.�erna�e mortg�:ge insurer sel�c�ed�y Le�.der. If substan���.��y equ�va�ent�Ior�gage Insu�rance cov�rag� <br /> �s not�.vailabl�,Boi�rower sha��co�.��nue t��ay to Lexlder��ie a��r�.�un�of tl�e s��a�.ra�e�y c�es�gna��d <br /> paynz�n�s�hat vwere due when�he in.surance cover�.ge ceased�a b�in effec��:.L�nc�er�ill accept,use an� <br /> re��.zn these payments as a�.aza.-r�fundab�e lo�s r�serve in lzeu of Mor��age Insura�lce, Such�ass reserv� <br /> sha�l be non-refunda�le,na�wz�hst�.nding th�f�c��hati the Laan is u�tim�.�e�y paid in ful�,and Lender sh�.11 <br /> not�be rec�uire�.to�ay Barrawe�any ir��eres��r eartaix�gs on su�h loss reserv�.Le�lder caxl x�n longer <br /> r�qu�re loss reserve paymer��s if M�rtgage Ix�suranc�cover�.ge�zn the amount�,n�for�:he peri�d that <br /> Lcnd�r rcc�uires��rov�dec��y a��nsurer se�ec���:by Lender ag�,in becames a�rai��.�l�y is�b�a�ne�., ar�d <br /> Len�.er rec��.�ires sep�.r�.����r des�gna�ed pa�m�n�s�oward the pre�riiums for Mor�gage Insuranc�.If Le�c�er <br /> rcc�u�rcd Mar�ga�e Insura�.ce as�.cond���an of��.l�ir�g t�e Loar��nd Borraw�r was re�u.ired�a�n�ke <br /> sep�.ra�el�des�gna��d��.yments tov�•ard�he�ar�m�urns for Mortg�.g�Insur�.nce,Borrower sh�.l1 p�y�he <br /> premiums rcqu�re�.ta main��.in Ma�gag�Insurax�c�i�.�f�'ec�,nr��pro�ide a non�r�fundab�e lass reserve, <br /> unt�l Lender's requ�remen�fc��°Mor�gag�Ir�st�rar���ends��.accorda�zce u�ith�.n��r�t�en�.greemen�be��v�e�. <br /> B�rrower�.nd Lcr�c�cr pravidxn�for such�erm�n�.t�on�r un��l�crmi.na�ian is rec�u�rec�by A.pp�icabl�LavSr. <br /> No�hing in this S ection �.� affects Barrower's ob��g�t�on�o p�.y ir��eres�at the ra�e pro�i�.ed�n�he�Tote. <br /> :Mortg�.ge I�s�.�ran�e r��znburses Lenc�er�flr an�en�i�y tha�purch�.ses the Note} for�ert�.in�os�es i�ma� <br /> i�.cur if I3orrau�rer c�Qes no�repay the Loan as�.g�eed.Borrotiv�r is�o��,p�.r�y ta t:h.�Mar�gag�I�.su��.n.ce. <br /> Mor�gage ir�.surers ev�Tua�e their�o��.l ris��o�aIl such ins��rance in force from time�o time,ar�d�r�.ay ent�r <br /> i�.��agreemen�s v�it�i othe�par�i�s that sh�.re ar m.oc�iFy their risk,�r rcduce losses.Thes�agreemex��s are <br /> an�erms ax�d�or�ditio�:s�h�.t a.r�satisf�ctory�.o�h�ma�tigag�insurer a�.d�:�ie other part��or par��es��o <br /> thes�agreemen�s. Thcs�agrccmcnts may r�c��ire�he m.�rtg�.ge insurcr�o make pa�men�s usix�g�.r�y <br /> source af fu�ds�ha�:the mor�gage�nsurer may ha�e av�.i�able�ujhich rn�.y ir��lu�e fux�c�s ob���ne�.frorn <br /> Mortgage I�suran�e�r�m��ms�. <br /> As a resu��af�hes�agreemer��s,Lend�r, �ny p��rch�se�of'the Nate, another�r�surer,any reinsurer,�.n� <br /> ❑ther e�l�x�y�, or�.ny�affil_ia�e�f�.ny af the fo��gaing,may receive�clire����ar inc�ircctly}amounts��a� <br /> c�e�.ve from(�r mi�h�b��harac�er�z�d as�a pax�ior�aCBarrow��'s p�.ymen�s�ar Mor�g�.ge Ir�sur�.x�c�, in <br /> ��change for sharing�r am.odzfy�n��he m��-�g�.g�i�1s�.�rer's risk,or reduci�lg 1oss�s.If su�h ag�ee�nent <br /> pro�rides�ha��.�affilia�e af Le�.c����a1�es a sh�.re�f�he ins�re�'s risl��n�xch�.�ge for�share of�he <br /> pre�n�u��.zs pa�d to�he�nsurer,�he�rrangeme��t is o�t�t�te�n�c�"c�ptive reinsur�.nG�."Fur�her: <br /> (A.} A.ny such �.grcemcnts wi�l not aff�Ct thc �mounts th�.t Borrower �as agreed t� p�.y far <br /> 1Vlo�rtg�.ge Insur°�nce, �r an� ather tern�.� of the La�n. �u�h agreements v�vill not �ncrease the <br /> amount �orro��v�r wzll o�r�ve for Mortg�ge I�.suran��, �.x�� they wili nat �ntitle �orr�vver to any <br /> r�fund. <br /> �) A�� s�uc�i �.gr��m��.t� w���. �uot �.ff�ct t�e r�gh�s Bnr�owex has - �f �x�� �- �ith r��p��t to �.h� <br /> N.�ortgage Insur��ce under th� I34me���vner°s Pr�tecti�� Act of 1998 or any other law. The�� <br /> rights may i�ac�ude th� rYg�t to recei�e �erta�u discXosur�s, to rec�u�st and abta�n �ancella�i�n <br /> af the �Iortg�.ge Insuran��, �� �a�� the 1Vlortgage Insurance terrn�natec� au�omatYCR1Iy, �ndlor <br /> HCFG-flQ35� <br /> NEBRASKA-Single Famify-Fann€�Mael�reddie Ma�L1NfFQRM tNSTRLIMENT Form 3028�10� <br /> V MP�] <br /> 03f 15 <br /> Wolters Kluwer FinanciaE Ser�ices �a�5�DO��5,����3237-�20�5�506Y Pago 9 af�7' <br /> � �75� � 2 9* <br />