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2� 1 ���� 14 <br /> Any amounts ciisburs�d by Lender und�r this Section��ha1�b�come additianal debt of F3orrawer secured by <br /> this�eeurity Instrurnent. These amounts shall bear interest at the Note rate fram the date of disbur�ement <br /> an�sha��be payable,with such interest,upon natice from Lender to Barro�v�r requestin�payment. <br /> If this Security Instsument is on a l�asehald,Banower sha�l comply with all�he pro�risions of th�lease.If <br /> Borro�er acquires fee tit1�to the Praperty,the�easehold and the fee title sha��no�merge unless Lender <br /> a�rees to th�merger in�vriting. <br /> '��. Mortga�e tnsuranr.�.If Le�nder required Mortgage Insurance as a condition.of making the Loan, Barro�ver <br /> shall pay�he premiums required to maintain the Mort�age Insurance in effeGt. If, for any reason,the <br /> Mortgag�Insu.rance caverage required�y Lender ceases to be available fram the mortgage insurer that <br /> pre�iously pr�vided such�asurance and�orrower�va�required to make separately d�signat�d payment� <br /> to�ard the premiums for Mar�gage Insurance,F��rro�ver sha��pay the premiums requir�d to obtain coverage <br /> substantially equiva�ent to the Martgage Insurance previaus��in effect,at a cost substa�tia�ly equ�valent to <br /> the cast t�B�rr�wer of the Mortgage Insurance previou�ly�n effect,from an altemate mv�tgage iasurer <br /> selected by Lender. If substa��ially equivalent Mort�age Insurance co�erage is not ava�iable,Borro�v'er sha1� <br /> continue to�ay tv Lender th�a��unt of�t�e s�parately d�signated p�.�mer�ts t�at w�re d�e���n.t�ie <br /> insurance coverage ceased to b�in effect. Lender�vill accept,use aad retain th�se payments as a <br /> . non-refu.ndab�e loss res�rve in�ieu of Martgage Insurance. Such loss reser�e shat�be non-refundabl�, <br /> na�tvvithstanding�he fact that the Loan is ultimatety paid in fu11,and Lender shall not be requued to pay <br /> Borrawer an�int�re�t�r earnings on such lvss rese�ve. Leader can no�onger require loss reserve payments <br /> if Mortgage Insurance coverage(in the arnount and for the period tha�Lender requires�provided b�an � <br /> insur�r se�ectet�by i,ender again becomes ava�lable, is a�btained,and Lender requires s�parately d�signated <br /> paym�nts�oward the prem�ums far Mortgag��nsuranc�.If Lender required Mortgage Insurance as a <br /> condition of making t�e Loan and Borrower�vas required to ma1�e separately designated payments toward the <br /> prem�ums for 1Vlortgage Insurance,Barrower sha11 pay the premiums required to maintain Mortgage <br /> Insurance in effect,or�o grav�de a non-refundable lass reserve,until Lender's requirement for�Ulortgage <br /> Insurance e�d�in accordance with any written agreement between B�rrow�r and Lender prov�diag for such <br /> terminat�on or until terminatian�s required b�r Applicable La�v.Nothing in thi�Section 1�affe��s <br /> Borrower's obliga�ion to pay interest at the rate provided in the Note. <br /> Mortgage Insurance reirnbur�es Lender(or any enti�y that purchases the No�e�for certain losse�it may incur <br /> if Borro�ver does nat repay the Lo�n as agreed. Bonower is nat a party to�he Mor�gage Insurance. <br /> MQrtgag�insurers evaluate their total ris�on a11 such insurance in�'orce firam ti�e�v time,ar�d may er�ter <br /> into agreem�nts with�ther parties that share or modify their r�sk,�r reduce losses. These agre�rnents are on <br /> terms and conditions th��are satisfactory to the mortgage insurer and the other par�y(or par�ies}to these <br /> agreements, The�e agreements may re�uire�he mort�age insurer to make payments using any source of funds <br /> that the martgage insurer may ha�e availabte�which may iaclude funds obtained fro�m Martgag;e Insurance <br /> premiums�. <br /> As a result of these agr�ements,Lend�r,any purchaser of the Note,an�th�r�nsur�r,any reinsurer,any <br /> oth�r entity,or any affiliate of any of the foregoing,may receive�d�.rectly or indirectly)amounts that <br /> derive from[or might be characterized as}a por�ian of Borrower's payments f�r Mortgage Insurance,�n <br /> exchange far sharing or modifying the mor�gage insurer's r�sk,or redueing losses. If such agr�ement <br /> provides that an affiliate of Lender takes a share of the insurer's risk�n exchange far a share af th� <br /> �remiums�aici to t1��insure�r,t�he arrangement is of��n termed"captive re�nsurance."Fur�her: <br /> q�336487�512 U�33 �97 �917 <br /> NEBFiA51{A-Singfe Family-Fannie MaeJFreddie 1�Aac L1NIF�RM iNSTRUMENT IAIITH MERS Form 3428'�141 <br /> VMP� VMPfiA�NE}�13D2}.�4 <br /> W�lt�r�Kluwer�Financ�a4 5enr�ces Pag�9 af�7 <br />