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2� 1 �� 189 Insurance pr�viously in effec�, at a cos�substa.n�ally equ�valen� �o the cost to Borrov�er of th.e Mor�ga�e Insurance pre�ious�y �n effec�, from an a�t�rnate mortgage i�surer se�ected by Lender. If substan�ia.��y equxva�ent Mortgag� Insurance covera�e xs not avax�abie, Borrower shal�con�.nue to pay to Lender�he amount of the separately desxgnated payxnents that were due when the insurance coverage ceased�o be xn effect. Lender wz��accep�, use and reta.�n�,hese payments as a non refundab�e lass res�rve in lieu of Mortgage Insurance. Such�oss reser�e�hai�be non-refundable, natwiths�a.nding the fact tha�the Loan is ul�ima�ely pax.d�n full, and Lend�r shaii not be required to pay Borrower any interest or earnings on such Ioss reserve. Lender�an no longer require los�reserve paymen�s zf Mortgage Insurance cov�rage�xn the a.mount and for�he period�h.at Lender requ�res}provided by an insurer selec�ed by Lender aga�n becomes avax�able, is obta.ined, and Lender requ�res separate�y design.ated payments toward th.e prem�.i.ums for Mor�gag�Insurance. If Lender required Mortga�e Insurance as a condi�.o�of maksng�he Loan and Borrotiver was required�o make separateiy designa�ed paymerits�oward�he premiums for Mortgage In.surance, Borrower shall pay �he premiums required to mainta.in Mortgage Insurance in effec�, or to provide a non-refundable�oss reserve, un�i� Lender's requirexnent for Mortgage Insu.rance ends�n accordance w�t�i any�vri�ten a�reement be�een Borro,wer and Lender pro�idxng for such�erm�nat�on or unt��z-x�unatzon is r�quired by Appl�cabxe La�v. Nothi.n� �n th�is 5ection ].n affects BorrouTer's obligatzon to pay interest a�the rate prov�ded�xx the Note. Mortgage Insurance reimburs�s Lender�or any entity tha�purchases the No�e}for cex�a�n losses�t may incur if Borrower does not repay�he Loan as a�-eed. Borrativer is not a par�y to�he Mor�gage Insurance. Mor�gabe xnsurers eva�ua.�e their tota�ris�on all such�nsurance�n force from t�me to�ime, anc�may enter into a�reements wi�h other parties�ha�share or modify their risk, or reduce losses. These a�reements are on terms and condx�xons�hat are satisfactory to the martgag�insurer and�he o�her party(or parties}to these aareemen�s. Th�se agreements may require�he mortgage�nsurer to make payments us�ng any source of funds that the mortgage�nsurer may have ava��ab�e��hich rnay include funds o�b�a.ined from Mortgage Insurance premiums}. As a result of these agreements, Lender, any purchaser of the No�e, ana�her insurer, any reinsurer, any o�her entity, or any affiliate of any of the foregoing, may receive�direc�iy or indirect�y�amounts that deriv�from�or might be�haracterized as}a portxon of Borrower's paymen�s far Mortgaae Insurance, �n�xchange for sharing or mad�fyin� the mortgag�insurer's risk, or reducing losses. Yf such a�re�ment pro�id�s th.at an affil�ate of Lender�es a share of�he xnsuxez's rzsk in exchange for a share of�he premuiu�m.s pa.i.d to the xnsurer, �he arrangement is often termed "capt��e re�nsurance." Furth�r: �a} A�.y such agree�ne�ts will n�t affect the �vunts that ]Borrov�ver has ��eed ta pay far I�Ior�ga.�e Insurax�.c�, or a.�y othe�terms of the Loan. Such a�eements w�not�crease the�mount Eorrowe�-will o�ve for Mortbage Insurance, and they wil].n�t entitie�orrawe�to a.�y refwnd. �lb� Aa�y such a�eem�e�ts�vi.11.mat�.ff�ct the raghts�3orro�ver has -�.f any--w�th respect to the Mor�gage In�urance unde�-the Hvme�w�a.ers Prot�cti�n Act af 199�or any otlher�.aw. These�t�n�aay include the�-ig]ht to rece�ve certa�n d�sc�asures, to r�quest and olbtain ca�acella�on of t�h.e Mortgage I�surance, to h�.ve the Mortga��Insurance ter�ated automa�ic�I.y, a.ndlor t��-eceive a r�func�of��.y M�rtaage Insurance prem�ums that�v�re unear�ed at#�e ia�rne�f such�a�cella�on or ter�.una�ion. 11. A.ss�.bnment of l�iiscellan�eous Proceeds;Forfeiture. AI� Miscel�aneous Proceeds are hereby ass��ned to and shali be paid ta Lender. If the Property is daxnaged,such Miscellaneous Proce�ds shall b�app�ied ta restoratiori or repa�r�f�he Proper�y, if the restora�ion or repa�r�s economical�y feasibX� and Lender's security is not�essened. During such repair and restara�ion period, Lender shaii have the r�aht to hold such Miscel�axa.eous Pr�ceeds until Lender has had an opportunity to znspect such Praper�y to en.sure the worl�has been comp�eted to LenderT s sa�isfac�ion, provided that su�h znspection sha��be under�aken promp�ly. Lender may pay for the repairs and res�oration�n a s�ng�e disbursem�nt or in a series of probress paymen�s as the work is completed. Un�ess an agreemen�is made�n tivritzng or App�icab�e Law requires interest to be paid on such Mrscellaneous Proceeds, Lenc�er shall no��e requ�red ta pay Borrower any interest or earrungs on such M�scellaneaus Proceeds. If the res�oratian or repa�r xs not ecanomi�ally feas�b�e or Lender's security would be lessened,the M�scellaneous Proceeds sha��be app�zed to�he sums secured by this Secur�ty Ins�rument, tivhether or not then due, with�he excess, if any, paid to Borro�ver. Such Miscellaneous Praceeds sha�� be app��ed zn�he order prov�ded f�r in Section 2. NEBRASKA—S�ng[e Family--Fannie MaelFreddie Mac UNIFDRM [NSTRUMENT- MERS ��a�� o Form �o2s ��o� Page 8 0� �5 www_�ocrr�ag�c.corrr