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2� 15�8822 <br /> con�inue�o pay �o Lender�he a�nount�f th�sepa�atel�designa�ed payme��s tha��vere du�when th� <br /> �n�su�ar�ce caverage ceased�o b�im eff�c�. Lend�r wz�� accep�, �s�and re�a�n�hese pa��nen�s as a <br /> �.an�refundab���oss �eser�re�n�ie��f Ma�gage�r�surance, Such Ioss reserve shal�be non-refu�dable, <br /> no�withstand�ng t�.e faG��hat�h�Loar��s�ltYrnate�y paid zx��'�X�, and Lender s�a���ao�be r�qu�red t���� <br /> �3�rrawer any��.ter�st or eaz�a�ngs oz�such�oss x�serve. L�nder ca�n� Xong�r re�uixe lo�s rese.rv�paymen�s <br /> if�I�Io�ga�e Insurance�o�rexage �in th�a�n.ou�.t and for the p�r��d���a.t L��.der requires}prouided�y an <br /> insu�er s��ected�y Lende�r a�a�n becoz��s a�aila�le, �s �btain�d, and.Lend�z r�quzres �eparate��designated <br /> pa�mer�ts�o�vard�h�premxuxns for�Vs:or��a��Insuranc�, �f�..,end�r required Mor�gage�n�urance as a <br /> cor�di�i�n or�n�.k�ng�he�oax��.�d Borrower was required to make separate�y desx�nated pay�n��ats toWard the <br /> pr�rn�ums for 1V.�or�gage r�suranc�e, Lorrow�r sha�I pay th�p�e�auum.�requ�red t� main�ain M�r��a�e <br /> Insuranc��n�ffee�, or to p�ra�x�.e a nox�--r�f��dable�ass r�sez�ve, unti�Lender's requirernent f�r M�r�gage <br /> Znsuxance ends in accoxda.�ce�z��.a��w�it��za agree�men�bet�r�en Borrower a.nd Le�de�pr�viding for such <br /> �e��x�i�.atYon.oz un�iX �errniriat�o���s�eq�xr�d�by,�.pplicab�e Law. Nothiz�.g zn t�axs Se��ion ��a�f�ct� <br /> BQ�row�r'�ob�iga�ion�a pay imte�re�����h�z�te provided ixa th��a�e. <br /> Mor�gage�nsura.n��r�imburses ��r�der �or��ay en��ty t�ia�pu�•chases�he No��} for cer�az�l�ss�s zt ma�i�cur <br /> if�orrour�r daes x�o��epay th�L�an as agre�d. �orro�rer is n�t a par���a t�i���z�gage Ir�sur�u�ce. <br /> Mor�gag�i�asurers evaxu�te�heir to�al rxsk oY�a�l such znsurance xn force from t��rr�.�to time, a��.d may en�er <br /> �r��o a�ree�r�.e�.ts with��her parties tha�shar��r modxfy thezr ris1�, ��reduGe��sses. These ag���ments are on <br /> terrns and�ondit�ons tha� are satisfac�ary to����or�gage xnsurer ari�.�he ather par�y �or par�zes}�a�hese <br /> agr�ements. �Th�se a�re�ments rnay rec�uxr�the x�.ortg�ge��.sur�r to�nake p�yzx�e��s using a��y sou���of fi�nds <br /> �hat�he mox�gage insur�r ma�have ava��a�l� �whxch�na�xnG�ud�fund� abtain�d fram NXo�-tga�e Ix�surar�.Ge <br /> pr�mrums}e <br /> As a r�s�x�t�f�hese agre�rne�ts, ���d�r, ar�y�uxchaser a�the Not�, a�aath�r��:surer, any r�xnsu�°er, ariy ather <br /> en�i��, or axa.y affi�ia�e of ar�y af the fo�re�ai�g, �ay receiv� (dir�c���r flr ind.�xec�Iy} axnaun�s�:ha�d�rive from <br /> �or��gXa�h��harac�cr��e�. as} a por��on o�°��rrawer's paym��ts for Iv�oxtga�e�nsuranGe, �n�xchange fo�r <br /> shar��l��r rnodif�ing�h:e i�or�ga.g�irisu���'s risk, �r re�ucirig losses. I�su�h agr�ement provides tha�an <br /> affilia�e of�e�xder ta�es a sha�re of�h��n�ure�'s risl�iri exchange for a share of��ze premiun�s paxd�o the <br /> xnsurer, �h.�arrangemen��s of�cx�ter�ne� "Ga�xi�e re'rnsu�an��," T'ur�her: <br /> �a� Any such agre�mez�.ts wY71 not affec��he amoun�s�b.a�Borrawex•has agx•eed�o pay�ax Mar�gage <br /> Y�surance, or any a�h�x•te�ms�f th�Laan. Such a�rc�r�ents wi�l no�xncrease�he amaun� <br /> �3orrower w�Z� awe fox�Max��gag�Insx�ran�e, and they w��l n��en��tZe Barrower to any refund, <br /> ��} Any such agrecrnen�s wx��not affe��fk�e rights�3orrawer has�Yf any�wi�h r�sp�ct�Q�he <br /> Mort�age Insu�•anCe undex��x�I��m�owners Pr�t�cxian A�t of 1995 or an�o�her•�aw. These rights <br /> ma�in�l�xde�he right�a r�c�����er�a�n disciosures,to requ��s�and�btar�caz�ce�iat�on af�he <br /> Nlortg�ge Ynsurance, to�.av��:��11�[ox°�gage Insurance�ermina�ed au.#:o�a�x�ally, �r���l��t�receiv� <br /> a xefund o�any Mar�gage�nsu�rax�ce premiums�ha� were unearned��the�ime of su�h <br /> cancel�a�xan or terxri�n���a��i. <br /> �h. Assi�nrnen� of IV�isc�i��n�nus Pro�ee:d�; F�rfeitu�e. A�I 11��scellaneous Praceec�s aze h�reUy assx.gned to <br /> and shall be paid�o Lender. <br /> I�l the Propez-��r is damaged; �uch Mxsc��lan�ous Proc�eds sha�I b��pp��ed to���stor�tion ar repaxr r���he <br /> Prnp��ty, zf�he res�ora�xon�r��p��r rs�car�oxrrical�y feas�bl��n�.Lender's securx��r is not�essen�d. �u.x�ng <br /> such repaix and res�ora�io�p�rxod, L�nd�r sha�I have the xigh�to hold su�����s��I�aneau� Prace�ds un�il <br /> Ler�der has �.ad an o��a�������y�� �x�s�e��su��� Pro���t��o e�su�e�h��vorl�h�s been corn.ple���.ta��nder'� <br /> N�gRASKA-Singls F�mify-�ann��Mapl�redcfi�:Mac�aN1FORM INSTRUM�NT Form 3�2$'1Ja1 <br /> VMf�� VMPf�N�)�130�} <br /> Walters KlUwer Fir�anci�[SerVices Page 9 af 17 <br />