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2� 1 ��7432 continue to pa� to Lender the amoun��f�he separa�e�y d�s�gnated pa�ments that were due when the insuranc�coverage ceased �o be in effect. Lender wi�� accept, use and re�ain th�se pa�ments as a n�n-refundab�e�oss reser�e�n�ieu of M�r�gage�nsuran.ce. Su�h�ass r��erve shal�be non-refundable, n��withstanding the fac�that the Lflan is ultima��ly paid in fu��, and Lender shall not be required t�pay Borrower any xn�er�st or earr�.�ng�on such Ioss reser�e. Lender can no �anger require loss reser�e pa�rments �f Mar�gage�nsuranG��average �in�he amoun�and f�r�he period tha� L�nder requires}pro��ded by an insurer sele�ted�y L�ender again becames avai�able, is o�ta�ned, and Lender requires separate�y d�s�gnated paymen�s toward�h�prem.iu�ns for N�or�gage�nsurar�ce. If Lender r�quired Mor�gage Insuran�� as a cond��xon of making�he Loan and Borrov�rer was requzred to make s�para�el�des�gnated paymen�s toward the �rernuums for Mortgage�nsuranc�, Borrourer sha��pay �he premiums required to maintain Mor�gage Insurance�n effe��, or ta pro�ide a non-r�fundab�e loss reserve, un�ii Lender's requ�rement for Mortgage �nsuranc��nds in accordan�e wi�h any written agre�men��e�ween Borrnwer and Lend�r providing for such �ermination or un�il termina�ion�s required by Applica�le Law. No�h�ng �n th�s Sect�on �D affects Borrower's ob�igat�on�a pay in�erest at the rate pra�ided in�he No�e. Mor�gage Insurance reimburses Lender��r any ent�ty�hat purchases�he Nate} far certain las�es it may�ncur if B�rr�wer d�es not repay the Loan as agreed. B�rrower�s n��a par��ta�he M�rtgage Insurance, M�r#gage insurers e�alua�e�heir total risk on a11 such�nsuran��n force from�ime ta t�me, and may en�er �nto agreem�nts wi�h ather par�ies that share flr mad�f�r their r�sk, or reduce lasses. These agreements are on terms and conditians �hat are sa�isfactory �o the mar�gage insur�r and �he other party �or part�es} to these agreements. These agr�ements may requ�r�the martgage insurer to make paymen�s using any source of funds that the mor�gage insurer ma�r have a�a�labie �whi�h may include funds ob�ained fr�m Mor�gage�nsuran�e prem�ums}. As a resul�of these agreements, Lender, any purchas�r of�he Note, another insurer, any re�nsurer, an�r other �n�ity, or any af��ia�e of any�f the foregning, may recei�e�direc�l�or indirectly} amaun�s tha�deri�e fram �or mi�h�be characterized as} a po�t�on�f Borrovwer's pa��rnents f�r Mor�gage Insurance, in exchar�g� far shar�ng or modifying the mortgage insur�r's risk, or reducing�osses. �f such agreement praWides �ha�an affi�iate of Lender�akes a share of�he insurer's r�sk�n exchang�far a shar�af the premiums pa�d�o�he insur�r, t�e arrangement is oft�n�ermed "capt��e reinsurance." Fur�her: �a} Any such agre�ments w�il not affect the am�unts�hat Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements wi��not increase the amount Borrower will owe for�Vlar�gage Insuran�e, and�hey w�II nat entit�e Borrower to any refund. t b� Any such agreements will n�t affec�the rights Borrower has-�f any -wi�h respect to the Mortgage Ir�surance under the Hom�awners Pr�tection Act of 199$ ar any o�her law. These r�gh�� may in��ude�he righ�to recei�e certa�n disc�osures, �o reques�and ob�a�n cancellation of the Mor�gage Insurance, to have the Mortgage Insurance�errn�nated automat�cally, andlor�o rece�v�e a refund of any Mor�gag�Insurance premiurns that were unearned at the t�me af such cancellation or term�nation. ��. Assignment of MEscelfaneaus Proc�eds; Fvrfe�ture. All M�sce��an�aus Proceeds are hereb�assigned to and sha�� be pa�d to Lender. �f the Praperty xs damaged, such Misc�i�ane�us Procee�s sha��be appli�d to restoratian or repair of the Property, if�he restora�ion or repair is economica�ly feasibl�an.d Lender's securi�� is not lessened. During such repair and restara�ion perxod, Lender sha��ha�e the righf to ho�d such M�scella��ous Proceeds un��l Lender has had an oppar�unity�o inspect such Property ta ensure the vvork has been comple�ed to Lender'� NEBRASKA-Single Family-Fannie MaelFreddie Mac L]NI��RM INSTRUM�NT Form 3028 11�1 VMP� VMPf{NE}t13Q2i Wolters Klt�wer Finan�ial 5er�ices Page 9 af 17