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2� 1 ��723 far Mortgage Insurar�ce,B�rrow��shall pay th�p�err�iu�ns req�ired to mair�tain Mor�gage Insurance in �ffect, �r to pro�ide a nax�-refu.ndab�e�oss res�r�e,unti��e�der's requirernent�or Mortgage Insurance �nds in a�cardar�ce with any writt�n agr��m�ent betvvee�.Borrvwer�n�i I�en�er providing far such termina.tion or unt��termi�a��an is req��red by App�icable Law.Nvthing in this Sectivn 1�af�ects Borrower's obliga�ion to pay��terest at the ra��provided in�he Note. M�rtgage Insurance reimbu.rses Lend�r(or any entity tha�purchases the Note}f�r�er�ain losses it may incur if Borrower does n�t repay the L�an as agr��d. Borr�wer i�not a party to the Mortgage Insuranc�. Mortgage ir�surers evaluat�t��ir tota�ri sk on a11 such insurance in force from time to time,and may enter into agre�ments with ath�r parti�s tha�share or rr�odify t�eir risk,ar redu�e los�es. These agreements are o�n terms and conditivns that ar� satisfactory to the martgage insurer axa.d�he other party�or par�i�s}�o t�ies�agreernent�, These agreemer�ts�n�y requ.ire the mor�gage insurer ta make payments using any s�urce+�f funds�ha�the mortgage insurer may have available(which may�nclude funds obtained from Mortgage Insurance pr�miums}. �s a result of these agreements,L�nder,any pu�chaser�f t�i�Note,anoth�r insurer, an�reinsurer, any other entity, or any affiliat�of any af�he f�reg�ing,xnay receive(directly or indir�ctly}amvun�s that d�ri�e from(ar m�gk�t be characterized as}a�orti�n of Borr�w�r'�payxnents for Mortgag�Ir�sura��e, in exchange for sharing�r modifying�ie mo�gage insurer's risk,or r�du+cin��osses. If such a�reement pravides that an aff'ilia�e af Lender t�a.kes a share of the�nsurer's risk in e�cha�ge far a share of the premiums paid to the�nsurer,the arrange�nent is often termed"capt�ve rein�urance."Further: (A}Any�u�h agreement�wi�l not aff�ct the amaunts that Borrowex has agre�d to pay fpr Mortgage Insurance,�r any other terms of th�Laan.�uch agreements will no�increase the amount Bnrrower will ov�e for Martgage Insuranc�,and they wil�not�ntitle Borrower ta any refund. (B}Any such agreements will n�t affec#thQ rights Barrower has-if any-w�th respect to the M�rtgag�Insuranc�und�r the I��meovvn�r5 Pr�tecti�n Act of 1998 or any other law.The�e xights may includ�the right t� recei�e certa�n d�s�losure5,to request and obtain cancellati�n of the Mortgage In�urance,to ha�e th�Mortgage Insuranc�#erm�nat�ed autnmat�cally,andl�r to recei�e a refund�f any Mortgage In�urance premiums that were unearned at the time of 5uch can�ellation or termination. 11. Assignment of iVl�scellar�eous Proce�ds; Farfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be�aid to Lender. If the Prop�rty is damaged, such Misce��aneoL�s Prviceeds shal�be applied to restoratian vr repair of �he Prop�rty, if th�res�ora.t�on or repair i�ec�norniea��y��asibl�ax�d L�nder'� �ecu�rity is n�t��ssen�d. During such r�pair and rest�ration period,Ler�der s�a��have�ie righ��o�iold su�h MiScella�eaus Proceeds unt��Lender has had an opp�rtunity ta inspect such Pro�er�y to ensur�the wark has been comp�et�d to Lender's sat�sfaction�provided that such ins��cti�n shall be undertaken pron�ptly. Lender may pay f�r the repairs and restoration in a single disbuxsement�r in a��rie� of progress payments as ; the w�rk is completed. Unless an agreemer�t�s made in writing or Applicab�e Law requires inter��t ta be paid on such Mi scellaneaus Pr�ceed�,Lender sha��n�t be�required tv pay B arrow�r any ir�terest or � earning�on such Miscellaneous Proceeds.If the r�storation o�r repair is no�+�conomi�ally feasible or � Lender's security would be lessened,th�Mis�e��aneous Praceeds shall be applied t�t�ie sums secured aa25rraos� NEBRASKA-Single F�m�ly-Fannie MaelFreddie Mac 11NIF�RM INSTRLIMENT Fvrm 3U28 11�9 VMP� D4J2D1fi Wvlters Kiuwer Finanaal Services �01 fi�9231 fi.1.3.3621-�l2�1 fiUfi1 fiY Page 9 of 9 fi