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2� 1 ��37 c�ntinue to pay to Lender the amount of the separate�y des�gnated paymen�s that were du�when the insurance co�erage ceased t�be in eff�ct. Lender vvi11 acc�p�, use and retain these payments as a non-refundable Ioss reser�e in�ieu vf Mar�gag�Insurance. Such ioss reserve shail be non-refundable, notwiths�anding�he fac�that the Loan is ultxm,a�eiy pa�d in fu�l, and Lender shatl nox be required�o pay B�rro�rer any interest ar earnaings on�uch��ss reserv�e, Lender can na Ionger require�oss reser�e pa�rments if Mortgage In�uran�e coverage�in the amount and for the period that Lender requxres}pr��ided by an insurer selected by Lender again becomes a�a.i�able, xs obta�.n.ed, and Lender requ�r�s separa�ely des�gnated payments to�vard the premium�for Mortgag�Insurance. If L�nder required Martgage insurance as a candition�f making the Loan and Borrower�ras requ�red to make separatel�designated payments toward the prexnxums for Mor�gage In,surance, Borrower shall pay the pre�xuums required ta m.az.n.tain Mor�gage �nsurance xn effe�t, or�o pro�ide a non-r�fundab�e lass reserve, u.ntx� I.�nder's requxrement for Mortgag� Insurance ends in accordance�vi�h any v�rrit�en agreement betiween B�rro�ver and Lend�r prav�dxng for such tennination vr un�i1 terminatian is required by App�icable L��v. No�hing in tihi�Section 1�affects Borrower's obligatxon to pay in�erest a�the rate provided in�he Note. MorCgage In.surance reimburses Lender�or any enxi�y�hat purchases the Note} for certai.n iosses it may incur if Borrower does not repay�he Loan as agreed. Barrovwer is not a party to the Mortgage In�urance, Mortgage insurers e�a�.ua.te�heir tota�r�sk an aIi such i.nsurance in force from��me�o�ime, and ma�enter intio agreem�nts w�th other parties�hat�hare or madify�herr risk, or reduce�oss�s. These agreements are on ternls and cond�tions�hat are satisfac�or}�to the mor�gage insurer and the ather party�or parties}to these agreements. These agreemen�s may requxre the mor�gage insurer ta ma,k�payments using any source of funds that the mortgage insurer may ha�re a�ai�able�which may inc�ude funds obtained from M�r�gage�nsurance p remiums}. As a resuit of these agre�men�s, Lender, any purchaser of the Note, another insurer, any r��nsurer, any other en�i�y, ar any af�iliaxe of any of the foregoing, �.a.y receive�directly or ind�rectly} amaunts th.at der�ve from �or m��ght be characteriz.�d as} a por�ion of Barrower's pa�ments for Mortgage Insurance, in exchange for sharing or modrfying the mor�gage iulsurer's r�sk, or reducing��sses. �f such agr�ment pro�ides that an affiliate af Lend�r takes a share of the�nsurer's risk in exchange far a share of the premiums gaxd�o�he insurer, the arrangement is aften termed "captx�e reinsurance." Furth�r: t a� Any su�h agr�ments will not aff�t the amounts that Borrower has agreed to pay fvr Mortgage Insurance, or any ather term�of the Loan. Such agreements will not�ncrease the amaunt Borrower v�iYY owe for Mortgage Insurance, and they will not entitle Barrower to any refund. �b� Any such agreements wilI nat affe�ct tbe rights Borrower has-xf any-with resp�ct to the Mortgage In�urance under the Homeowners Protection Act of 1998 or any other xaw.The�e right� may include the right to recex�e certaxn d�sclosures, to request and obtain cance�xat�on of the Mortgage Insuranoe, to barve the Mortgage Insurance terminated automatic��Yy, andlor to recei�e a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. '�"I. Assignment of Misceiianeous Proceeds; Forfeiture. A1�Miscellaneaus Pra�eeds are hereby assign�d�o and sha�1 be pa�d to Lender. If the Proper�y is damaged, such Misee��aneous Proceeds sha1l be appxied to restoration or repa�r af the Praperty, �f the rest�ration ar repa.ir is econom.ically feasibie and L,ender's secur�ty�s nat Iessen�d. During such repair and r�storat�on period, Lender sha11 have the righ��o hoid such Misc.��an�us Proceeds ur�ttil Lender has had an opp�rtunity to inspec�such Proper�y to ensure the�vork has been completed to Lender's NEBRASKA-SiRgie�amily-Fannie MaelFr�ddie Mac UN1i�QRM INSTRUMENT �orm 3�28'1l�1 Vf1AP� VMP6{N�}t'�302�.OD Wolters K[uwer�inanciai Servi�es p��g o��7