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2� 1 ���288 <br /> payments tov�ard�he premtt�rns for Mortgage Insuran�e;Borrowe�sha�l pay�h�premiL�ms re�t�i�ed�o <br /> ob�azn coverage substan�r�.Ily�qti��val�nt tn the Mo��gage Insurance prev�ously i��ffec�, a�a cos� <br /> st�l�s�an�ially equ�valent�o the cos��o Bnrro�ver of tX�e Mor�gage I�a�u�a�.�e previ�us�y�n effec�,from an <br /> a1���na�e mortgage xnsurer sel�c�ed by Le�der. If si�l�s�an�xally e�uiva�en�M�r�gage Ins�.�ra�.ce coverage <br /> �s n��avai�aUle,I3orrower shall car��inue to pay t� Lender�h�amoux���f�h�se�ara�ely des�gna�ed <br /> payme��s that were dt�e w�1��.�he instrrar�ce coverage ceased�o b���.effec�. Le�.der v�rill accep�,L�se and <br /> ret�.��.��lese paymen�s as a�anprefi.��dable loss r�s��v��n lie�.�of Mor�gage Tr�suranee, Su�h�oss res�rve <br /> sha11 b�no��-refi�r�c�ab�e,no��ri�hs��.�zdi�g the fact tiha��he Loar��s ultizx�a�eTy�aid��.fu11y and L��z�.e�sha�l <br /> �.o��e re�ufrcd t�pay B�rr•o�v�z°any�r��eres��r earn�ngs on such�oss r�serve.Le�Zder cai�no lflnger <br /> require Ioss reserve payr�e�lts zf Mor�gage Inst�rance coverage�i��the��noun�ar�d f�r�h�p�riod�hat <br /> L�i�.d�r r�quires}provi�ec�by�.��nsur�r se���ted l�y L�nder�.gain becomes av�.ilable, zs�b��.�nec�,and <br /> Le�lder rec�ui�'es s�para��ly�esig���.���.pay�nents�a�arc�the premiums for Mflz�gage Insur�.�ce.If Lend�r <br /> r�qL�ir�d 1Vlor�gage Ir�sL�r�.�.�ce �.s a co�ld�ti�n af�n�.l�ing the La�.�.�.nd.Borrovver was req�.�xred to mal�e <br /> separ�.�ely�.esig�aa�ed pay�nen-�s�n�rard�he prem.zums far Mor�g�.ge Insu���.nce,B arrower shall p�.y�he <br /> prem�t�rx�.s required�o mai�r�ta�n Mo���age Insurance in effec�,ar�o provic�e a non--refund.able loss reserve, <br /> ur�t�I L��der's requiremen�foz I1�Ior�;�age Instxra�ce ends rn accor�.ar�c�with any writ�er�ag�eemer��betweerz <br /> B at�i��ver anc�Lende�i pziovxc��ng for sL�ch�ermina�inn a��nti1�e�-zn��.at�an is requ�red by A.pp�ica��e Lavv, . <br /> Nothing�n�h�s Sec�ior� 1� affec�s Borrowe�'s oU�xga�i�n to pay z���res�a��he ra�e provided in th�Note. <br /> Mortgage Insura�ce re�mt�t�rses Lender�ar any er��ity�ha��urchases�he No�e} for certa�n��sses i�may <br /> incL�r if I3or��vver does na�repay��le Laan�s agreed,Borro�er�s no�a�arty�o the M�rtg�.ge InsL�ra�ce, <br /> Martg�.ge insurers eva�ua�e�hezz•�ota�rzsl�ar�aIl sucla.i�sura�.ce i�force fr�m tixne���ime,and rnay en��r <br /> ��to agreem.e��s w��h ather par��es�hat share or x-��d�f�their�is�f,or reduce��sses.These agree�-ner�ts are <br /> ��1 term:s an�ca�d�tions�ha�a��c�satisfac�ory��the mortgage ins�.�rer az1�.the o�h�r paz�ty�or par�ies}to <br /> �hese agreemei��s. Tla.es�agr��m��.�s ma�re�uire�11e mor�gage insurer�o�rnal�e paym.ents using a�.y <br /> s�urce of fz.�r�ds tha��lle mor�g�.�e�nsurer may have avaz�able�which may�nclude fua�ds ob�ained from <br /> Mor�g�,ge Insurance premi_ur_r�s}. <br /> As �:resL�1�flf�hese agre�rr��n�s, I:,ender, any purch�.ser of�he Note, an��her insL�rer, any rex�.sure�, ar�y <br /> other�n�zty, �r ar�y aff�1��.�e nf a�y of t��e f�regoing,may rece�ve�directly or indirec�ly)amoun�s�hat <br /> det•ive from�or migh�be charaCter�zed as�a portion nf�or�a�e�'s payments for M�r�gage InsL�rance,zx�. <br /> �xchange for sharing or madifying�1z�mor�gage insL�rer's risk, or�•edlxcing losses.If st�ch agree�nen� <br /> provic�es tl�.a�a�affil���e of Le�c��r takes a share of�he i�st�rer's rislc zn e�change for a s�1�re of�he <br /> prem.�ums paid to the inst�rer,th�a�range�ne��is�f�en term.ed"cap�ive reznst�rar�ce," FL�r��ier; <br /> (A} Any such agreexx�ents yv�ix �aot affect the amounts that Barrawer has agr�ed to pay far <br /> Mortgage Insurance, or any other t�rms of the Loan, Such agreements w�ii�� riot xn�rease the <br /> amount Borrov�ex �vi�� otiv� fo� �Ior�tg�g� Ir�suxara��� �.n�. they v�v�ll �.�� �nt�tl� I3�r��rov��� t� an� - <br /> ref�xnc�e <br /> (B} Any such agreernen�:s ��v�Ii not affe�t the rxghts l�orrovv�r has � xf any - wYth resp�ct t� �he <br /> Martgage Insurance und��° the �-Iomeowners �'ratectxon Act of 1998 o�r an� oth�x� xa�v. These <br /> ��ghts rnay �nClud� the righ� to receive �ertain �isc�osures, �o request and obtain cance�la�ion <br /> of the Mo�rtgage Insurance, ta have th� M�r�gnge Insur�ri�e ter�nxna��d automat�cal�y, ��adlor <br /> Hc��-aa3�� <br /> NEBRASKA�Single Famiiy-�ar�nie Mae1F'�eddie Mac L1NIF�RM INSTRUMENT Form 3�28 11Q� <br /> VfV1P�] �71�5 <br /> Walters Klt�wer Financlal Services 24��D�1��5,2.2,3298-J�a�5Q728Y Page 9 of�7' <br /> *38�833 6215* <br />