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2� 1 ��34�� disbursement and shall be payable, with such �t�teres�, upon r�o�ice frotn Lender t� Borrower requesting paym ent. If this �ecurity Instrument is�n a leasehold, Borrower shal� camply wi�h all the provisions of the lease. If Borrower acquires fee ti�le to the Proper�y,the �easehold and the fee t�tle shall nat merge unless Lender agrees to the mer�er in vvriting. "�0. Mortgage Insurance. �f Lender required Martgage Insuranc� as a condition of��naking the L�an, Borro�ver shall pay the premiums required�o maintain the M�r�gage Insurance in effect. If, far any reasan,the Mnrtgage Insurance co�erage required by Lender�eases t� be a�ai labl�from the mor�gage insurer that pre�i�usly pro�ided such insurance and Borror�v�r was required to inake separately designated payme��ts toward the prerniu�r�s far Mor�gage I��surance, Barr�wer sha�� pay the premiums re�uired to obta�n co��ra�e substan�ially equivalent�o the Mortgage Insurance pre�iously in effect, at a cost�ubstan�ially equi�alent to the cost to Barrower of the Mortgage Insurance pre�iously �n effect, from an alternate m�rtgage insurer selected by Lender. �f substantially equi�alent Mor�gage Insurance�o�erage is not a�ailable,Borror�ver shal� �ontinue to pay to Lender the amount of th� separa�ely designated payments that�vere due�vhen the insurance ca�erage ceased�o be in effect. Lender vvill accept, use and retain these payments as a non-refundable l�ss reser�e in lieu af Mortgage Insurance. Such loss reser�e shall be nan-refundable, no�vv�thstanding tihe fac�that the Loan is ultimately paid in full, al�d Lend�r shal� »ot be requ�red�o pay B�rrower any i�7teres�or earnings on su�h loss reser�e. Le��der can no Ior�ger require lass res�r�e pay�ner�ts i F Martgage I�-�surance coverage �in the ar�aur�t and f�r the period that L�nder requ�res�pro�ided by an insurer sel�cted by Lender again bec�mes a�ai�able, is obtained, and Le��der requir�s separately designated paymen�s toward the premiums for Mortgage Insura��ce. If Lender required Martgage Insurance as a condition of making the Laan and Borra�er vvas required to make separately desigx�ated payr�nents toward the premiums for Mortgage Insurance, Borravver shall pay the pre�niums required to maintai�� Martgage Insurance in effect, or to pro�ide a non-refundab�e loss reserve, until Lender's requ�rement for Mor�gage Insurance ends in accordance vvith any written agreement betvveen Borrower a7zd Lender pro��ding for sucl� termination or u��til �erxr�i�iation is required by App�icable Law. Noth�t�g ir�this Sec�ior� 1� affects Borrovver's�bligatior�ta pay interest at the rate pro�ided in the I�i�te. Mortgage �nsura�lce rei�nburses Lex�der�or any entity that purchases the Note} for certain losses it may incur if Sorro�ver does ��ot repay �he Loan as agreed. Borrower is no�a party to the Mnrtgage Insurance. Mortgage insurers e�aluate their tatal risk an all such insurance in force frorn time�o t1me, and may enter in�o agreements witl� other parties that share or m�dify their risk, or reduce l�sses. These agreements are on terms and conditions tha�are sa�isfa��ory�o the m�rtgage �nsurer and the other party�or par�ies�to these agreements. These agreeme��ts ��ay require�he mortgage insurer to make paymen�s using ar�y source af funds that tl�e ��nartgage insurer may ha�e a�ailab�e�which may include funds obtained fr�m Mor�gage Insurance premiu��ns}. As a result�f these agreements, Lender, apy pL�rchaser�f the Note, anot��er insurer, any reinsurer, a1�y other entity, or any aff liate of ar�y of the foreg�ii�g, may r�cei�e �dir�ctly ar i��directly�amounts that d�ri�e from �ar might be characterized as}a portion of Borrower's payments for Mart�age Insurance, in exchange for sharing or modifying the mortgage ii�su�-er"s risk, or reducing losses. If such agreement HCFG-Q4359 NEBRASKA-Singl�Family-Fannie MaelFreddie Ma�UNIFQRM INSTRUMENT �orm 3�28 11�1 VMP� 11115 Walters Kluwer Financial Services 2�1fin52115.3,2.35�9-J201�012�Y Page 9 of 17 '`9 28fi:371� 13'