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2� 1 �� 1 �7� f�r Mortgage Insurance,Borrower shal�pay the premiums required ta maintain M�rtgage Insurax�ce�n efFect,ar ta pro�ide a non-refundable 1�ss reser�e,until Lender's requirement for Mor�gage Insurance ends in ac�ordance�vvit�i any�vritteri agreement between Borrower and�ender pro�iding for such term�nation ar unt�l termination is requ�red l�y Appl�cabie Law.Noth�ng in this Secti�n 1�afFects Borrower'�obligation to pay interest at the rate pro�vided in the Not�. Martgage Insurance reimhurses Lender(or any ent�ty that purchases the Note}f�r c�rta�n�osses�t may incur if Borrower do�s nat repay the Loar�as agreed.Borrawer is nat a parCy t�the Mortgage Insurance. Mortgage insurers e�a�uate their tata�l risk on all such�nsurance in force from time to tim�, and may ent�r inta agreements with other parties that share or modify their risk,ar reduce l�sses. Thes� agr�em�nts are on terms and eonditions that are sat�sfact�ry to the mor�gage insurer and the�ther par�y(or par�i�s)to these agr�ements. These agreements may require the mort�age insurer to make payments using any sauree of funds that the mortgage insurer may have a�ai�able(wh�ch may include fi�n�.s obtained from M�r�gage Insurar�ce premiums). As a resu�t af th�se agreements,Lender,any purchaser of the Note,anather insurer,any xeinsu.rer,any other�entity,or any a�'iliate of any flf the far�g�ing,may receiv�(directly or ind�rectly)am�unts that deri�e fr�m[or might be chara�t�rized as}a partiar�of Barrow�r's payments far Mortgage Insurance, in exchange for sharing or modifying the mor�gage insurer's risk,�r reducing�osses.If such agreement �ro�ides that an afF'�liate�f Lender takes a share nf the i.nsur�r's risk in exchange f�r a sh�r�of the premiums paid to the �nsurer,the arrangement�s of�en termed "capti�e reinsurance."Further: (A}Any such agreements wil�not af�ect the�m�unts that Borrower has agreed to pay for Martgage Insurance,ar any�ther terms of the Loan. Such agreements wili nat increas�the amount Borrower will owe for Mortgage Insurance,and they will no#entitle Borrower tn any refund. �B�A�ny su�h agre�ments will not affect th�rights Borrower has-if any-with respect tv the Mortgage Insurance under the Homeowners Protection A�t of 1998 or any other law.Thes� r�ights may include the right tc�recei�e certai�n disclo�ures,to req�uest and�htai�ca�cellat�on of the NYartgage Insuranc�,ta have the Martgag�Insurance#erminat�d automatica�ly,andlor ta recei�e a refund of any M�rtgage Insurance prem�ums that weroe unearned at the time af su�h cancellation or ter�ina��n. 't'I. Assignment of M�s�ellan�ous Proceeds; Forfeiturg. AlI Misce�laneous Pro�eeds axe hereby assigned ta and shall be pa�d to Lender. If the Praperty is damaged, such Miscellaneaus Proceeds shall�e appl�ed t�restoration or repair of the Pr�per�y, if the restarati�n or repair is economicai�y feasible a.nd Lender's security is not lessened. Du.ring suc�repair a��re�taratior��riod,Ler�der s�a��have t�e r�g�t to��ld su�h 1V�iscellane��s Praceeds until Lender has had an opportunity t�inspect such Prop�rty to ensure the work has been comp�eted to Lender's satisfaction,pro�ided that such inspection sha�l be undertaken pr�mptly.Lend�r may pay�or the repairs and restoration in a singie�lisbursem�nt or in a series af�ragress}�aymer�ts as the work is comp�eted.Unless an agreement�s made in writing ar Appl�cable Law requires interest to be paid on such Miscellaneous Proceeds,Lender s�all r�ot be requir�d ta pay Borrower a.ny interest or ea�nings on suc�i�Nliscell�eo�s Pro��eds.If#�ie rest��tia�or��pair is�ot ecanomica��feasible or Lender's security vvauld be lessened,the Misce��aneous Proceeds sha��be app��ed to the sums secured 22�594578 NEgRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM tNSTRUMENT Fvrm 3D28 iJ�� VMP�] ❑512�'15 Wbfters Kluwer Financial Se�vices 201 fi�31115.3.fl.34�f"rN2U�51 Q19N Page 9 af 3 6