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2� 1 ��2832 far Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect,�r to provide a non-refundahle loss reserve,until Lender's requ�rement for Mortgage Insuranc� ends in ac�ordance with any written agreement�etween Borrower and Lender provid�ng for such terminat�on or until termination is r�qu�red by Applicable Law.N�t�11llg iI7 t�115 SeCt1�I1 1 D�.��CtS Borrower's obligation to pay interest at the rate provided in the Not�. M�rtgage Insurance reimburses Lender�or any ent�ty that purchases the Note}for certain losses it may incur if Borrower does not repay the Loan as agre�d.Borrawer�s not a party to the Mortgage Insurance. Mortgage insurers evaluate their tota.l risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk,or reduce�osses. These agreements axe on terms a.nd conditions that are satisfactory to the mortgage insur�r ar�d the other party(or parties}to these agreements. These agreements may require the mortgage insurer to make payments us�ng any source of funds that the mnrtgage insurer may ha�e available(�vhich may include funds obtained from Mflrtgage Insurance premiums}. As a result af these agreements,Lender,any purchaser of the Note, another insurer, any reinsurer, any other entity, or any af�iliate�f any of the foregoing,may receive(directly or indire�tly}amounts that deriv�from(or might be characterized as}a portian of Borrower's payments for Mortgage Insurance, in�x�hange for sharing or modifying the mor�gage �nsurer's risk, or reducing losses. If suCh agreement provides that an a�liate af Lender takes a shar�of the insurer's risk in exchange for a share of the premiums paid ta the insurer,the arrangement is often termed "capti�e reinsurance." Further: (A�Any such agreements will not aff�ct the amounts that Barrower has agreed to pay fvr Martgage Insurance,vr any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance,and they will n�t entitle Bvrrower to any refund. �B}Any sucb agre�ments wili nat affec#the rights Borrvwer has-if any-with respect to the Martgage Iasurance under the Hom�owners Pratecti�n Act of 1998 ar any ather law.These rights may include the right to recei��c�rtain disclosures,to request and obtain cancQl�ation af the Mortgage Insurance,to ha�e the Mortgage In�urance terminated automatically,andlor to r�ceive a refund of any Mortgage Insurance premiums that were unearned at the time�f�uch cancellation or termination. '�'�. Assignment of Misc�llaneaus Pro�eeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall he paid to Lender. If the Praperty is damaged, such Miscel�aneous Proceeds shal�be appl�ed to restorat�an or repair of the Property, if the restoration or repa�r is economically feasib�e and Lender's securifiy is not lessened. During such repair and restoratian periad, Lender shall have the r�ght to hold such MisCellaneous Pr�ceeds until Lender has had a.n oppartunity to inspect such Property to ensure the work has heen completed to Lender's satisfactian,provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement ar in a series of progress payments as the work is completed. Un�ess an agreem�nt is made in writing�r Applicable Law requires interest to be paid on such Miscellaneous Proceeds,Lender shall not be required to pay Borrower any interest or earnings�n such Miscellaneous Proceeds.If the restoration or repair is not econamica�ly feasible or Lender's security would he lessened,the Miscellaneaus Praceeds shall be app�ied to the sums secured �3aoao�23z NEBRASKA-Single Family-Fannie MaelFreddie Mac LiNIF�RM INSTRUMENT Form 302811a� VMP� �SI�D'!5 Wolters Kluwer Finar�cial Servi�es ��1604211fi.1.�.345�-N��151�19N Page 9 af 16