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2� 1 ��5748 insurer �hat pre�ious�y pra�id�d such �nsurance and Borraw�r �as requ�red to make se�ara�ely designated payments �o�vard the premiums for IVlor�gage �nsurance, Barrow�r shal�pay�h�premiums requ�red to ob�ain cflvera�e substant�ally equiWa�ent to�he Mor�gage�nsurance preW��us�y in effect, at a cos� subs�antially equiva�en��a the cost t�Borr�wer of the MQrtgage Insurance pre��nusly in effect, frorn an a��ernate martgage �nsurer se�ec�ed by Lend�r. If subs�an��a��y equivalent Mortgage�nsurance c��erage is not available, Borrower sha�1 con�inue to pay ta L�nder �h� amount of �he separately d�sxgna�ed payments �ha� were due �hen the �nsurance ca�rerage �eased �a be in �ffec�. Lender��1 accept, use and re�azn these payments a� a non-refundab�e loss res�r�e in Iieu af Mor��age Insuranc�. Such �oss reserve shall be nan-refundab�e, no�vi�hstanding �he fact tha��he Loan is u��ima�ely paid in fu��, and Lender shal� no� be required �o pay Borrow�r any interest or �arning� an such loss reserve. Lender can no �onger require loss reserve paymen�s if Martgage Insurance coverage �in the amt�un� and for the period �ha� Lender requires� pro��ded by an �nsurer selec�ed by L�nder again becames a�railable, �s ob�ained, and Lender requires separately designa�ed paymen�s toward the premiums far Mar�gage �nsuranc�. If Lend�r required Mor�ga�e Insurance as a candi�ion of making the L�an arid Borrower �vas required to make separa�e�y designated payments toward the prem�ums f�r Mor�gage �nsurance, Borrov�er sha11 pay �he premiums requ�red�o ma�n�ain Mor��age �nsuranc� in effec�, ar�o pro�ide a nan-refundable I�ss reserWe, un�il Lend�r's requrrement fflr Mortgage Insurance ends in accordance with an��vr�t�en agreement between Barrawer and L�nder pr��id�ng for such�ermina�ion or unti� �erminat�on is requir�d by Applicable Lavtr. Na�hing �n th�s Section I4 affec�s Borrovver's ab��gatifln�o pay�nterest at the ra�e pravided in the Note. Mor�gage�nsurance re�mburses Lender(or any entzty�hat purchas�s the Note}for cer�a�n losses��may �ncur if Borrovv�r dfles no� repay the Loan as agreed. Barrower �s not a par�y �o the Mor�gage �nsurance. Mortgage insurers e�alua�� heir t��al risk on a�� such �nsurance in force fram�ime ta tim�, and m.ay �nter in�a agreements �rith ather par�ies t�at share or modify ��.eir r�sk, flr reduce Iosses. These agreements ar�an�erms and condi��ans�hat are sa�isfac�ory to the mor�gag�insurer and the oth�r par�y (or �ar�ies} ta these agreements. These agreements may require �he mortgag� insurer �o mak� payments using any source of funds that�he mor��age insurer may have ava��able�which may znclude funds abtain�d from Mar�gage Insurance premiums}. As a resul�of these agreements, Lender, any purchaser af the Na�e, another insurer, any reinsurer,any ��h�r ent�ty, or any affil�ate af any af the f�regoing, may rec�ive �directly or indir�ctly} amaun�s �hat derive fram �ar migh�be characteriz�d as} a p�r�ion of Borrower's paym�n�s for Mor�gage Insurance, �n exchange far shar�ng or modifying th�mor�gage�nsurer's rzsk,ar r�ducing losses. �f such agreement provides �ha� an af�l�a�e of Lender �akes a share of the insurer's risl� in exchange for a share of�he premiums�aid to�he insurer,the arrangemen��s of�en�ermed"cap�i�e r��nsurance."Fur�her: (a} .�A►.ny suCh agreem�nts will n�t affe�t the amounts that Bo�rrow�r has agre��l to pay for Mortgage Insurance,vr any other terms of the Loan. Such agre�ments will not inc�ease th� amount Borrower wil� ❑we for Mortgage Insurance, and they wi�l not ent�t�e Borrawer to any refund. �b} Any such agreements w�x� not affect the ri�hts �orrower ha� - if any - with respect to the �Iortgage Insurance un�ler�he hlomeowner�I'rv�ec��on Act of 199��r�ny othe�-law.These rights may �nclud�� the righ� ta r�ce��ve �ertai� dis�losure�, �� request an� obtain cance�latiom of the I�I�rtgage In�urance, ta ha�� he II�Iortgage Insuramce tQ�m�nated automatiCa�� andla�r $o re��ve a refund of any IVlortgage Insuranc� �rerniu�m5 that were unea�n�d at the time of such cance�lat�on ar�ermin�.tion. lld .A�.s�ignment of�Viisce�laneou� Praceeds; �'orfeiture,A11 Misce�laneous Proceeds are hereby assigned to and sha�1 be pa�d�o Lender. NEBRASICA-Sing�e Family-Fannfe MaelFreddie Mac NVI�'URM kNSTRllMCNT �'orm 3028�ID1 C�2�a�4-2�16 Compliar�ce Systems,In�.dG23�afc-db571 e3d-20I 5.1�6.Q.2 Single Farnily Real Estate-Se�urify Instrument DL2D47 Page 8❑f 14 www.con�pliancesystems.com ��I��i��i��E��i��'��I��'C��a��,�� ;� � 3�� ��C��.��,��l,��C � 0 � � o � 7 - san � s9 � sz9 --oszk � b -- � � � � - osass � �