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2� 15�79�2 <br /> �;o���i��u�ta pa�� �o Lender th� a�n�unt o�t��� sc�parat�.aly des��nated �a����e��ts that �jerc du�v���1�I7 �I7L' <br /> ���sura��ce co���-abe�eased�o b� z�a eff�c�. L�nd�r wi�� accept, use azad z�etaixa t��ese pa��ne��ts as a <br /> ��onMrefundable loss reser�� �����eu of Mo�-��a�e �nsura���e. Suc�� �o�s reserve s��all be ��o��-r�fundable, <br /> no����hs�andrr���he fac����at t�ae Loa�� is ult�mate��paid �n fu��, ai�d L.ender shaXl �aat be reqUi�-ed to pa� <br /> �o�-ro�v�r any x���er�st ar�ar���nbs o��sucl� lass r�s�rWe. Lc�n�er can no lfl���e�-���quir��ass reserve pa�men�s <br /> if Mortba�� �nsura�ac�cov�rage��n tla�amoun�ar�d �or thc:���ri�d tha� Le��dez� z�equ�res} p�-avid�d b�� an <br /> insu�-er selc:c:��d b� Lender again beca���.es auai�ab��, is obtain�d, and L�nder requix�es separa�e�y desi�nat�d <br /> p��r�l�er�t� �o���rd �he pr�rr��uTn� for �l�ar���g� �z��ur���c�. ��L�nd�r�equire�i Mart���e I��su���.n�e as a <br /> co��d��io���f making�he Loan and Bo�-�-ower��as �•equi�-ed �� z��.ake s�paratel� desi�x�a��d paymen�s ta�vard t�e <br /> pre���iu���s far Mor��,a�e I��surance, Bo��rowe�-s��a�l pay the pre���iu���s r�quired to ���ainta��� Mor��age <br /> Insu�-a��ce in�ffec�, or to provid� a no��wrefundable loss r�ser��e, unt�l Lender's requir�z�zc:z�� for�ort�a�e <br /> Insu�-ance ends in accordanc�vv�tZa any w�r�tte�� a�r�emen�b�t��ree�� Bnrro���er a��d Lender providinb for such <br /> tern�inatx�za ar untii termi��ation is required by App��cab�e Law. Nothin�, in th�s Sec�ion 1 D affec�s <br /> Borrower's ob�i�atia���o pay interest at�he rate p�-o�ided in the Note. <br /> N�or��a�e Ynsu�-an�e re�mburses Le��der�or a��y e��t�t� �ha� purchases ���e Note} fa�•c�r�ain losses i�ma� in�ur <br /> if Borro��r does not repa� �he Loa��as agr��d. Borrower is ��ot a party to the Mo�-tgage ���surance. <br /> Mar�ga�e ���su�-ers evalua�e their�o�al risk on al� sucl� insurance in�orce from�iY����� �in�e, and may en�er <br /> into agree���en�s w�th o�her parties t��at sl�are or modify��aeir risk, or r�duCe loss�s. T�7ese agreemen�s ar�o�� <br /> terms and conditions tha� are satisfactor� �o t��e�no�-tgage i��su�-��•azad th��ther part�r �or parties} �� t�ese <br /> agreements. These agreemen�s ma� require the mo�-tgage insurer ta ���ake paymen�s usi��� an�� source of�u��ds <br /> �hat the�nor��a��insur�r ma�have aua�lable���hich ma� include funds ob�ained fro�a�Mor��a�e �nsuran�� <br /> pr�miums�. <br /> As a resu��of��aese agreem.en�s, Lender, an�purchaser�f the Note, another i��su�•er, a��y r��nsur�r, any oth�r <br /> en�i�y, ar a��� affi�iate of any of the foregoing, may rec���e�direc�iy or indire�t��} am�u�.�s �hat derive from. <br /> �or might be charac�erized as} a portian of B�rrower's paym.en�s for Mortgage�nsurance, in exchange for <br /> sharing�r modifying�he mortgage insurer's ri�k, or x•educing �osses. �f such agreement provides that an <br /> affilia��of Lender takes a share of the insur�r's risk in ex�hange for a share of the premiums pa�d �o the <br /> insurer, the arrangement rs often�ermed "capt��e reinsu�•ance." Fur�her: <br /> �a� Any such agreements►uvill�iat affect the amoun�s tha� Borrower has agreed�o pay for II�Iar��age <br /> Insuran��, ar any other terms of�he Loan. Such agreemen�s w��l no�increase the amount <br /> B�rrower will o���for Mor�gag�I��suraY�cey and�hey �c��il� x�o�en�itle�3or�•ower•to an�r refund, <br /> �b� Any such agreemen�s w���no�affec��he righ�s Borrawer has-�f any � wit���•cspect to�he <br /> Mor�gag�Insuran�e under�he Homeo�vners Protec�io�� Act of 1998 or any a�her�av��. T�a�se r�gh�s <br /> may incZude�he r�ght�o re�e��e certain d�sc�osures, �o reque�t and abtain cance�lat�on of�he <br /> Mor�gage Insurance, to ha�e the�Vlortgage Ir�sux•ance�erminated automa�ica��y, andlar�o recei�e <br /> a refund of any Mor�gage Insurance pre�n�u�ns�hat were unear��ed a��h��ime of such <br /> cancellat�on or�ermina�i�n. <br /> ��, A�signment of Ni�scellanevus Praceeds: Forfeiture. A�� Mis�;ellan�ous Proc�eds are hereby assigned to <br /> and shall��paid to L�nder. <br /> �f the Pr�per��T is damaged, suc�� Misceilaneous Proceeds shail b� applied �a res�oration or repa�r af�he <br /> Property, if the res�ara�ifln or repair �s econom�cally feasible and L�nder's �e�urit�r is no� lessened. During <br /> sucla repair and res�ora�ion period, Lender shall ha�e�h� r�ght to hoid such Miscellaneous Proc�eds until <br /> Lender has had an oppor�un�ty�o inspect such Proper�y t� ensure th�vvork has�een comp�et�d to Lender's <br /> N�BRASKA-Singie�amily-Fannie Mael�reddie Mac UNI��RM 1N5TRUMENT Form 3028 110� <br /> VMP Q VMPfi�NEy{13D23 <br /> Waft�rs Kluwer Financial 5er�ices Pag�9 vf i 7 <br />