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2� 1 �� 179 cantinu�to pa� to Lender the amoun�of the separate��d�signated payments that v�rere due when�he insuran��co�erage ceased to he �n e�`f�c�. Lender will acc�p�, use and retain these paymen�s as a non�refundab�e Ioss reser��n Ii�u of Mor��age�nsuranc�. Such loss reser�e sha�i be n�n-refundable, not�vithstandin�t�� fact that the Laan is ul��ma�ely paid in ful1, and Lender sha�� not be required�o pa� Borrower any �nteres�or earn�n�;s on su�h�ass reser�e. Lender can no longer requ�re l�ss reser�e pa�ments i�'Mor�gage �nsurance�average�in�he amount and for��e p�riod tha� Lend�r r�quires} pr��id�d by an insurer s�I�cted b�r Lender again bec�mes a�rax�ab�e, �s ob�ained, and Lender r�quxres separa�e�y des�gna�ed paymen�s�oward the premiums for Mor�gage�nsurance. �f Lender r�quired Mor�gage Insurance as a cond�t��n of making�h�Loan and Borr�wer was required ta make separately designa�ed pa�ments tovward the premiums for Mor�gage Insurance, Barrower shaii pa� the premiums required�o main�a�n Mor�gage Insuran�e�n effec�, or t�pro�ide a non-refundab�e�oss reserve, unti� Lender's requirement for Mor�gage Insurance ends �n accordan�e with any wri�ten agreement between Borrav�rer and Lend�r pra�iding for su�h �ern��inat�on ar until term�nat�an is required by Applicabl�Lavv. Nothing �n this Sec�ion I�affects Barrower's abl�gat�on to pay �n�erest a��he rate provided in the Not�. Mor�gage Insurance reimburses Lender�or any en�i�� hat purchases�he No�e} f�r cer�ain�osses ��may �ncur �f Borrower do�s no�r�pay�he L�ax�as agreed. Borrower�s not a party to the Mortgage�nsurance. Mo�gage insurers evalua�e�heir�o�al risk on a�l such �nsurance in force from time��i�ne, and ma�enter int�agreem�n�s v�rith other parties that share�r modify�h�ir risk, or reduce��ss�s. These agreemen�s are�n terms and candi�ians�hat are sa��fac�or�r to the mortgage insurer and the o�her part� ��r par�ies}to these agre�men�s, These agreements ma�requ�re�he mor�gage insurer to make pa�ments using any saurce of funds that�h�mortgag�insurer ma�hav�a�ai�ab�e�wh�ch may inc�ude fund�o�ta�ned from Mortgage�nsuran�� prem�i.u��. As a r�sul�af�hese agreements, Lender, any pur�haser of�he No�e, ana�her insurer, any re�nsurer, an}�other en�it�, �r any aff�i�a�e af any of the fore�oing, may rece�ve�d�re�tl�or indirec�I�r} amounts�hat der��fronl (or m�gh�be character�zed as} a por�ion of BorrQwer's paymen�s far Mor��age �nsurance, �n exchange f�r shar�n�ar mod�fying�he mortgage insurer's risk, or r�duc�ng�asses. �f such agreement pro�r�des that an affilia�e af I.ender takes a share of the�nsurer's r�sk in e�change f�r a share of�he premium�paid ta the insurer, �he arrangement is often�ermed "captive rein�uran�e." Further: �a� Any�uch agreem�n�s w��not aff�c� �he amaunfs�hat Borrower has agreed to pay f�r Mor�gage Insurance, or any o�h�r ternr�s af�he Loan. Such agr�em�nts wi�i no��ncrease�he a�nount Borrower w��l owe for Mor�gage Insurance, and�hey w��not ent��e�3orrawer to any refund. �b� Any such agre�ments wiii not affe�t�he rights Borro�ver has��f any-vvith respec�to�he �Vlor�gage Insurance under�he Home�wners Pratection Ac�of 1998 or any�ther�aw. These rights may include�he r�gh�to rece��e�ertain dxsclosures, to reques�and vi��ain�anCei�a��on of�he Niortgage Insurance, to have th�Mortgage Insurance�erm�na�ed au�omat��a��y, andlor�a recei�e a refund of any�Vlor�gage Insurance premiums�ha� �ere unearned a��he�ime of such cancellation or term�na�.ion. ��. Assignment of M�scei[aneous Prviceeds; Forfe�ture. All Miscellaneaus Proceeds ar�hereby assigned to and shall be paid to Lender. If�h�Froperty is damaged, such Miscellaneaus Pr�ceeds shal� b�app��ed�a restora�ion�r repair of�he Praperty, if the res�oration or repair is econ�micaii�f�asible and Lender's seGuri�y is n��essened. During �uch repair and restora�i�n per�od, Llender shall have the righ�to ha�d such Misc�llane�us Proceeds unti� Lender has had an opportun��y to inspect such Proper�y to ensur�the v�ork has been comp�e�ed�� Lender's N�BRASKA-Single�am�ty-�annie MaelFred[�ie Mac UN1�4RM INSTRUMENT Fvrm�o�s�io� VMP� VMPfi�NE�{13�Zy Wolters Kluwer Financiat 5�r�ices Page 9�f'�7