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2� 1 ��83 cont�nue to pay to Lender�he amount of the separate�y designa�ed payments that were due when t,he insuran�e Co�erage ceas��o be in effect. Lender wi�� accept, use and retairi these payments as a non-refundable xoss r�s�rve in Ii�u af Mor�gage Insurance. Such�oss reserve sha11 be non-refundable, noxwit�hstanding the fact fi�.at th�Loan is ul�imately pa�d in fu��, an,d Lender sha11 not be requx.red to pay Borrower any interest or earn�ngs on such Ioss reser�e, Lend�r ca�a no�onger r�qu�re xoss reserve payments if Mortgage Insurance co��rage�in.the amaunx aia.d for the per�od that Lender requires}pro�ided by an i�nsurer selec�ed by Lender again becomes a�a�lab�e, is obt.�i.ned, and Lender requir�.s separately desxgnated paym�nts�oward the premium.s far Mortgage I.nsura.nce. If I.�nder requ�red Mor�gag�In.suranc.�as a condition of m,aking the Loan and Barrawer was requir�d to make separately desxg�nated paymen�s toward the pr�mrums for Marrgage In.suranc�, B�rrower sha11 pay the pre�ruums required�o m,ain,tai�.Mortgage �nsurance in eff�t, or to prflvide a non-refundable lass reser�e, unti�Lender's requirement for Mortgag� Insura.r�.ce ends in.accordance�rit�.any wr�itten agreement betvv�n Borrower and L�nder pro�iding far such �ern�in.a�ion ar until.�ermina�ion�s required by App�icc�a�ble Law. No�hing in t.�is Se.�tion IO aff�c�s Borro►�ver's obx�gation�a pay interest at�h.e rate pro�rided in�.e Note. Mortgage Insurance reimburses Lender�or any en�ity that purcha.ses the Note} for certai.n xosses it may incur if B�rrower does n�t repay�ie Loan as agreed.. Barrower rs not a parry to th.e Mortgage Insurance. Mor�gag�insurer�e�a�uate�hexr tota�risk an a�I such insurance in force from tune ta tim�, and m.ay enter into agr�m�nts with axher par�ies tha�shar��r modify��r risk, or reduce losses. These agre.ements are on �ernas and conditions that are satisfactory ta the mor�gage insurer and the o�her PartY�ar part�es}�a�hese agreements. These agreements may require�he mortgage insurer ta m�ake payments using any source of funds tha��he mor�gag�insurer may ha��a�ailable��rh�.ch ma.y z.nclude funds abtained from Mortgage Insurance premiums}. . As a result of thes�agr�men�s, Lender, any pur�haser vf the Nate, anather insurer, any r�insurer, any o�her en�ity, ar any aff�iiat�of any of the f�regaing, may receive(disectly or�ndirectiy} amoun�s tha�deri�e from � �or migh�be characterized a.s}a portxon of Borro�ver's pa�ments for Martgage Insuaranr,�, in,exch,ang�for shasing or mndifying the martgage insurer's ris�, or r�ucu�.g losses. If such agreement pi-�o�ides�hat an aff'�Iiaxe of Lender tak�a share of the insurer's r�sk in exchange for a shar�of t�e prem�.w�s paid to the insurer, �a.e arrangement is aften termed "ca.pti�e reinsurance." Further: �a� Any such agreements wilx not affect the amounts that Barrower has agr�l ta pa�far Mor�gage Insurance, or a.ny oth�r terms of the Lvan. Such agre�ements w�li not increase the amaunt Barrower will owe�or Mortgage Insu�ran,ce, and they will not ent�tle Borrower to any refwn�l, t h� Any such agreement�w�lx nvt aFfect the rnght�Borrower has�if any-v�ith res�Ct ta the Mortgage Insurance under th�Homeowners Pratect�on Act of 1998 or any nther I�w. These rights may rnc�ude the rxght ta receive certain disclasures, ta requ�st and obtai�a cancellation of the Mvrtgage In�urance,to ha�e the Mortgage Insurance terminated automatically, andlor to r�:ei�e a refund of any Mortgage In�urance prenuums that were une�arn,�l at the time v�such cancellatian or ternunat�on. 'I 1. Assignment of ��scellan�ous Proce�ds; Farfeiture. A1I Miscei�aneous Proceeds are h�reby assigned ta and sha�l be paid�o I,ender. . ' �f�he Property xs dama.ged, such Miscellaneous Proc�ds sha.��be applied ta restoration or repair of the Proper�y, �f�he restoratian or repair is economica�ly feasible and Lender's security is not��ssened. During such repair and res�aration perzod, Lender shal�have the right�o ho�d such Miscelianevus Froceeds u,n.t�x Lender has ha.d.an oppartunity�o insp��such Praperty�� ensure rhe work has b�en compieted to L�nder's NEBRASKA-Singls Fami�y-�annie MaslFreddis Mac IJNfFORM[NSTRUMENT �arm 30�8�101 VMP� VMPfiiNEy tZ 302).00 Wolters Kluwer Financial Ser�ices p�9�g qt�7