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2� 1 �� 13� cantinue to pay to Lender the amount of the separate�y designated payments tha�wer�due when the � xnsurance ca��rage ceased.to be in effe.�t. Lend�r v�x�i accept, u�e and retain these payments as a non-refundable ioss reser�e in lieu of Mortgage Insuran�e. Such Ioss reserve sha.11 be non--refundabxe, notwithstanding the fact that the Laan xs ultimateX�r paid in fu11, and Lender shal.l not be required�o pay Borrower any interest or earnings on such loss reser�e. L,ender can no�onger require�vss reserve payments if Mortgage Insurance coverage(in the amoun�and for�he peria�i that Lender requires}pro��ded by an insurer se�ected by Lender again becomes a�ailable, �s abtained, and Lender requires separately des�gnatied payments�oward the premiums for Mnrtgage�nsurance. If I.ender requxred Mortgage insurance as a condition of making�he Loan and Borrower viras required to make sepaxate�y designaxed paymen�s toward the premiums far MorCgage Ynsurance, Borrower sha11 pa�r the premiums requ�red to ma.intain Mortgage InSurance�n effec�, or ta pro��de a non--refixndable loss reserWe, unti� Lender's requxremen�for Mortgage Ynsurance ends in accordance wxth any writ�en agr�ement betv�r�en Barrower and Lend�r providxng for such termination or un�il ternunation is requir�d.by App��able Lavv. Nothing in this 5ection 1�affects Borrower's ob�igation�o pay interest a�th�rate pro�rided in the No�e. Mor�gage Ynsurance reimburs�s Lend�r�ar any en�ity�hat purchases the No�e} for certain losses it may incur if Borrawer does nvt repay�he Loan as agr�ed. Borrower is no�a party to the Mor�gage�nsurancee Mvr�gage insurers e�va�uare the�r tota� risk on a1I such Ynsurance�n forc,�from time ta��me, and may enter xnto agreements vvith other parties that shaxe or madify�heir risk, or redu��osses. 'These agreement�ar�on terms and condi�ions that are satisfactory�o xhe mortgage�nsurer and the other party �or parties}tio these agre�ments. These agre�ments may require the mortgage xnsurer to make pa�rmenrs using any sour�e af funds that�he mor�gage insurer may ha�e available�which ma.y xnc�ude funds obtained from Mortgage�nsurance premiums}. As a result of these agreem�n�s, Lender, any purchaser of the N�te, another insurer, any rein,surer, any oth�r enti�y, or any aff�liate af an�of the foregoing, may rece��e�dir�tiy ar indire�t�y} amounts that der��e fr�m (or mxght be c�aracterized as}a port�on of Borrower's payments for MorCgage Insurance, in exchange for sharing or modifying the mortgage xnsurer's risk, or reduGing losses. If such agreement pro�xdes that an aff lxate of Lender takes a share of the insur�r's risk in exchange f�r a share of the premiums paid to the insurer, �he arrangement xs often tierm�d "capti�e re�nsurance." Fur�her: �a� Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms af the Loan, Such agr�ments will not rncrease the amount Borrower waill owe for TVlortgag�Insurance, and they wiYi not eniitle B�rrower to any refund. t b� Any such agr�ementAs wii�nat affect the rights Borrower has-if any�-with r��ect to the Mortgage Insuranc�under the Homenwners Frotection Act af 1998 ar any other law. These rights may incYudE the r�ght to recei�e certa�in disclosures, to requ�st and obtain cancel�ation of the Martgage Insurance, to ha�e the Mortgage In.surance terminated automaticax�y, andlor to r�cei�e a r�fund of any Mortgag�Insurance pr�miums that were unearned at the time of such cancellation or terminatxon. 7�. Assignment of Miscelianevus Proceeds: Forfeiture. All 1Vliscellaneaus Proceeds are hereb�r assigned to and shaii be paid to L,�nder. If xhe Property is damaged, such Miscexxaneous Proceeds shall be appiied to restoratxon or repa�r nf�he Property, if the r�storatxnn or repair Ys econom�calxy feasibie and Lender's secur�ty xs not lessened. Dur�ng such repair and rest�rat�on per�od, Lender sha11 ha�e the right�o hald such Misce�laneous Proceeds until L�nder has had an�ppor�un�.ty�a inspect such Property xo ensure the vvork has be�n completed to L.�nder's N�BRASKA-Single�amily-Fannie MaelFreddfe M�c UN[�DRN[INSTRUMENT Form 30Z8 110'� VMP� VMP6{NE]�134�}.{)p Walters Klcawer Financial Servi�es Page 9 of'�7 �