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2� 1 �� 1492 con��nu��a pa�� Lend�r�he am�un�af the separa�ely designa�ed payments�ha�wer�due wh�n the �nsurance�average ceased to be in�ffect. Le�d�r wil� accept, use and re�a�n�hese paym�nts as a non-refundable�ass reserve in l�eu of Mor�gage Insurance. Such loss reserve shali b�non-refun�able, no�w�ths�anding�he fact�hat�he Loan is u��ima�e�y paid in fu��, and Lend�r sha��not be requ�red t�pay Borrower any in�erest or earnings on such loss r�s�rve. Le�der can no�onger r�quire loss reser`re pa�men�s �f Mor�gage�nsurance c��rage�in�he amount and for the pe�rzod that Lender requ�res}provided b�an �nsur�r se�ected��Lender again becomes avai�able, �s ob�ained, and L�nder requires separa�e�y designa�ed payxnents�oward th�prenuums for M�r�gag��nsurance. If L�nder r�quired Mor�gage�nsuran�e as a condition of mak�ng the Loan and Borrower v�ras requ�re�.to make separately designa�ed payments t�ward the premiums for N.�or�gage�nsurance, Borrower sha�l pay the premiums required ta ma�nta�n M�rtgage Insuran�e�n�ffec�, or to provide a n�n-�refu.ndable l�ss res�r�e, unt�l L�nder's requirement for Mortgage Insurance ends �n accordance v�i�.h any wr�t��n agr�ement be��veen Borrower and Lender pr��r�ding for such �erminat��n or un�.i��ermination is required by App�ica��e Law. Nothing in�his Sec��on 1�affec�s Borrawer'�obligation�n pa�interest at�he rate pravid�d in the No�e. Mflr�gage Insura�ace reimburses Lender�or any en��ty tha��urchases the N�fe} f�r c�r�ain��sse� i�ma�r �ncur �f Borr�wer does no�repay the Loan as agreed. Borrov�er�s no�a party�o�he Mortgage�nsurance. Mor�gag��nsurers e�aluate�he�r�ota� r�sk�n all su�h �nsurance in f�rce fraxn�ime�o t�m�, and may en�er �nto ag�reements w�th other par�ies tha�share or mod�fy�he�r r�sk, or reduce��sses. Th�s�agreements are�n �erms and cond��ions��.a�are satisfac�ory ta�he mor�gage insurer and the other par�� (or par�ies} ta these agreemen�s. These agreements may require�he mor�gage insurer ta make paym�ents using any source of funds tha��he mortgage insurer may have a�ailabie tvvhich ma� include funds ob�ained from Mar�gage�nsurance premiums}. As a resul�of�h�se agre�men�s, L�nder, any purchaser of�he Note, anather insurer, any reinsurer, an�o�h�r enti�y, or any aff��iate of any�f�h�for�g��ng, may r�cex�ve�dire�t�y ar ind�re�tly} amaunts tha�derive fram �or migh�be charac�eriz�d as} a por�ion�f Borr�wer's pay�m�nts for Mor�gage Insurance, in exchange for shar�ng or mod�f�ing�he m�r�gage insur�r's risk, or r�ducing �osses. �f such agre�men�provides�hat an af��ate of Lender tak�s a share�f the insurer's r�sk in exchang�for a share of�h�premiums pa�d to th� �nsurer, �he arrangement is often termed "cap�ive reinsurance." Fur�her: �a3 Any such agre��nen�s wi�l not affect the amounts that Borrower has agreed to pay fvr Nlortgage I�sr��c�, ��a�n��t��m��f�he��. �u�h�g�e��v��r��t�e a��t Borrower w��owe far Mortgage Insurance, and they w��not entitle Borrower to any refund. �b� Any�uch agreemen�s wi��not aff�ct the righ�s Borrower has -�f any-with respect to th� Mortgage Insuran�e under the Hameowners Pro�ec�ion Act of 1998 or any o�her�avv. TheSe rights may�nc�ude the r�ght to re�e�ve cer�ain d�scinsures, to request and obta�n cancellation of the Ni�r�gage In.surance, to have the Mar�gage Insuranc��ermina�ed au�omatica��y, andlor to r�ce�ve a refund of any Mortgage Insurance premiurns that wer�unearned at th�time of such cance��ation or termination, 'i�, Assigr�ment of Misce�laneous Pr�ce�ds: Forfeiture. A�l Mis�e��aneaus Proceed�are�ereby assigned t� � and sha��e pa�d ta L.�nder. If the Pr�perty �s damag�d, such Misce�Ianeous Praceeds shal�be applied to restorat�on or repa�r of�.he Proper��, �f�he restoratian or repair is economical�y feasible and Lender's secur��y is no��essened. During such r�pa�r and res�orati�n period, Lender shall have the right to�.ald such M�s�ellaneous Proceeds unt�� Lend�r has had an apportun�ty�o �nspec�such Property�o�nsur�the w�rk has been�ompie�ed to Lender's N�BRASKA-5ingle�amily-Far�nie MaelFreddi�Mac UNIFQRM INSTRUMENT . Farm 3�28�1�1 VMP� VMPfi{NEy�i 3�2f Wolters Kluwer�inancia!Ser�i�es Page 9 of�7