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2� 1 ��2323 payments that were due when the insurance coverage ceased to be ir�effect.Lender wi��accept,use and . reta�n these payrnents as a non-re�undable l�ss reserve in I�eu of Mortgag�Insurance. Such�ass reserve shall b�non-refundable,notw�thstandin�the fact that the Lnan is u�timately paid in full,and L�nder shal� not be required to pay Bnrrower any interest or earnings on such loss reser�re.Lender car�nn longer require loss reserve payments�f M�r�gage In�ura�ace co�erage(in the amount and for the peri�d that Lender requires}pro�ided by an insurer seleeted by Lender again b�cames a�ai�able, is abta�n�d,and Lender requires separately de�tgnated payments toward th�prerniums for Mvrtgag�Insurance.If Lender � required Mortgage Insurance as a candition of making the Loan and Borrower was requir�d to make separately designated paym�nts taward the premiums for Mortga�e Insuran�e,Borrower shall pay th� premiums re�uired t�ma�ntain Mortga��Insurance in efFect,�r to pra�ide a non-refundable Ioss reserve, until I.ender's reyuirem�nt for Mortgag�Insurance ends in accordance with any written agreement betvveen ; B�rrower ar�d Lend�r pro�iding for such terminati�n or until termination is required by Applicable Law. Nothin�in this Secti�n 14 afFects B�rr�wer's obiigation t�pay interest at the rat�pro�ided in the Note. Mortgage Insura�nce r��mburse�Lender(or any entity that pur�hases th�Note}for certa�n losses it may . incur if Borrower d��s not repay the Loan a.s agreed.Borrower is nat a�ar�y to th�Mvrtgage Insuran�e. ; � � Mortgage insurers e�aivate the�r tatal risk on al�such insurance in f�rc�from time ta t�me,an�may enter � i.nta agreem�nts vWith other parties that shar��r m�dify their r�sk,nr r�duce losses.These agreements are an terms and cvnditions that are satisfactary t�the rnortgage insurer and the other party�or parti�s�to �� these agreements. These a�reements may require the mortgage insurer to make paym�nts using any svurce�f funds that the mor�gage insurer may ha�e a�ailable(vvhich may inc�ude funds abtained fram Mortgage Insurance premiums}. As a result nf thes�agreements,�ender,any purchas�r of the Note,another insurer,an�reinsurer,arry other entity,or any af�iliate of any of the faregoing,may receive td�re�tly�r indireetly}am�unts that derive fram�or might be characteriz�d as}a portion af B�rrawer�s payments for Martgage Insurance, in exchange for shar�n�or modifying the mor�gage insur�r's risk,ar reducing losses.If such agreement pro�ides that an aff'�liate of Lender takes a share af the insurer's risk in exchange for a share of the � pr�emiums paid to t�e�nsurer,the arrar�g�ment is often termed"capt��e reinsurance."Fur�her: . � (A} An such agr{e�ments wi�� not aff��t the amaunt� that Borrvwer ha� agre�d to pay for y Martgage Insurance, ar any other terms of the Loan. Su�h ag�+eemea�s will not in�rease the � am�unt BQrrawer will �we f�r Mortgage Insuran�e, and they wii� not entitle Borrower to aay refund. �B� Aay such ag�ement� w�ll nat aff�t the rights Borrower has - if any - with respect t� the Mvrtgage Iasuran�e under the Hameowner�s Protect��n Act of 1998 or any other law. These rigbts may include tbe rigbt to r�ecei�e certain �isc�osur{es, tv request and �bt��n cance�lation of the Mortgage Insuran�e, to ba�e the Mortgage Insurance terminated automatica��y, andlor to recei►ve a �efund af any Mortgage Insu�ance pr+emiums that were unearned �t the time af � suGh cancellation ar term�natioa. 1�1.Assi nmsnt of lEA�scellanevus Proce��s; Forf��ture.All Miscellaneous Pr�ceeds are hereby � assigned ta and sha11 be paid ta Lender. 114B614a5D �iI'�5 VMP'� �-�T Wblters Kiuwer Financial Servic� 201 fi�40715,1.0.311 Z�2015�1�4Y lnitiai�r� P�ge 9 of 17 � . .