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2� 15�8819 <br /> und�r any duty or o�ligation to do sa. It is agreed tha�Lender incurs na liab�lity fvr not taking any or a�l actions <br /> au�h�ri2ed und�r�his Se��i�n 9. <br /> Any amoun�s disbursed by Lender under this Section 9 shall�ecame additi�nal debt of Barrower secured�by�his <br /> Security Instrument. Thes� amounts sha.��bear interest a��he No�e rate from the date af disbursement and shali be <br /> payable,with such interes�,upon nfltice f�rorn Lender to Borrawer reques�ing paymen�. <br /> Zf�his Security�nstrumen�is on a�easeh�ld,Borr�vv�r shali comply with a11�he pro�zsi�ns of the lease.If Borrower <br /> acquires fe�ti�le to the Property,�h.�leasehold and th�fee�i�le sha��n�t merge unless Lender agrees t�the merger in <br /> w�i��ng. <br /> lU.Mnr�gage Insurance.IfLender required Mar�gage�nsurance as a c�ndition of making the Loan,B�rravver shall <br /> pay the premiums required�a maintain the Mor�ga�e�nsurance in effec�.rf,for any reason,the Mortgag�Insurance <br /> coverage rec�uired by Lender ceases to be avaxiable from�he mor�gage insurer�hat pre�x�usly pro�ided such insu�ance <br /> and BorroWer was requ�red to make separately designa�ed paymen�s toward t��premiums for Mor�gage rnsurance, <br /> Barrawer shall pay the prezniums re�uired to �btain co�verage substantially equi�alent t� the Mortgag� xnsurance <br /> previflusly�n effec�,a�a cost substantial�y equivalent�o�he cost�o Borrawer af�he Mvrtgage�nsurance previ�usly in <br /> effect,from an a�ternat�mor�gage insurer selected by L�nd�r.�f subs�antially�qui�alent Mor�gage Insurance caverage is <br /> not availab��,Borr�wer shall�onti�ue�o pay��Lender�he amoun�❑f�he sepaxa�e�y designa�ed payments tha�wer�due <br /> when �he insurance coverage ceased to be in effec�. Lend�r wi11 accept, use and reta�n these payme�.ts as a rion� <br /> refundab�e loss reserve in lieu of Mortgage�nsurax�ce.Such Iass rese�rve shall be nfln-refundable,not�vsrithstanding th�fac� <br /> �hat the Loan is u��imately pa�d in full,ax�.d Lender shail no�h�required�a pay Borr�vver any interes�or earnings an such <br /> loss reserve.Lender�an no�onger require�oss r�serv�e payments�f Mor�gage Insuranc�cov�rage��n�he am�unt and f�r <br /> the periad tha�Lender requires}provided by an insurer selec�ed by Lender again becomes avaiiable,is obtained,and <br /> Lender requires sepa�rate�y designated payments toward�he premiums for Mor�gage �nsurance. If Lender requxred <br /> Mortgage �nsurar�ce as a cand���an af making�he Loan and Borrawer vvas required to make se,parate�y designated <br /> payments towar�.the premiu.ms£or Mor��a�e Insurance,BQrrower shall pay�he prem�ums required to maintain Mor�gage <br /> znsurance in effect,or�o pro�ide a non-refundable loss reser�e,un��I Lende�r's requirement f��Mortgage Insurance ends <br /> in accardance with any wri�ten agreement between Borrower �.nd Lender pro�iding far such termination or untxl <br /> termination is requ��ed by AppliGable Law.Na�h�ng in�h�s Secfiian��affec�s�orrower's obiigation to pay int�xes�at the <br /> rate pravided�n�he Nate. <br /> Mor�gage Insurance reimbur�es Lend�r�or any entity tha��u�r�hases the N��e}for c�r�ain losses it may incur if <br /> Bo�rawe�does na�repay th�Loan as agreed.B�rrower is no�a pa.rty t�the�o�gage�nsurance. <br /> Mortgage Insurers evalua�e their�o�a.�r�sk on a.��such insurance in force from time to time, and may en�er in�o <br /> agreem�nts v�i�h ather part�es�hat share �r modify their risk, a�r redu�e losses. These agreements are on terms and <br /> �and��x�ns that are satisfactory�o the mor�gage insurer and the o�her par�y �or part�es} to�hese agreements. These <br /> agreements may require�he�nor�gage�nsurer to make paym�n�s usi�.g any saurce af funds that�he mar�gage insurer may <br /> ha�e avax�able�vsrhich may�nclude funds obtained fram Mortgage Insurance premiums}. <br /> As a result of�hese agreemen�s,Lender,any purchaser af�he note,ano�h�r�nsurer,any reinsurer,any o�her entity,or <br /> af�lia�e of any of the foregoing,ma�re�eive�direCt�y or indirec��y�amounts that der�ve from�or migh�be�harac�er�zed <br /> as} a por�ian nf Borrov�er's paym.en�s for Mortgage Insurance, in e�change for s�axing or m�difying the mor�gage <br /> insurer's r�sk,or reducing lasses.If such agreement pr�vided�hat an aff�lia�e of Lender�a�es a share of the insurer's risk <br /> in exchange far a share of the premiums paid t��he insurer,the arrangemen��s often termed"captive re�nsurance." <br /> F ur�her: <br /> �a}Any such agreements wi��X not affect the amnun�s that Borrower has agreed to pay for Martgage Insuran�e, <br /> or any o�her�erms of the Loan.Such agreement�will na�in�r�ase the amflunt B�rrawer will owe fQr Mflrtgage <br /> Insurance,and�hey wiil not�n��tle B�rrower to any refun�, <br /> �b}Any such agreements wil�n�� affec�the righ�s Borrower has—�f any�-w��h respect to the Mor�gage <br /> Insuran�e under the Homeowners Protectian A�t af 1998 or any�ther�aw.These rights may include the right to <br /> receive certain disclosures,ta requ�st and obtain eancel�ation af the Mortgage Insurance,ta ha�e�he Mortgage <br /> Insurance term�nated aut�ma�ically,andlor t�rece�v��a refund�f any Mor�gage Insurance premiums that were <br /> unearned at t�e��me of suc�cancellat�on or term�nat�on. <br /> NEBRASKA-5ingle Family-Fannie'Mae�Freddie Mac UNIF�RM INSTRUMENT Farm 3U S 11�� <br /> Pag e l af�3 ,. � � <br /> ios,�r�c. Barrower�s}Initiafs � <br />