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2� 1 ��7�� cant�nue to pa� to L.�nd�r the amount of�he separate�y d�signat�d paym�n�s tha�were due when�he �nsurance cov�rage ceased to be in effec�. I,�nder w��l acc�p�, use and reta�n�hese payments as a nan-refundable�oss reserve in lieu of Mortgage �nsurance. Such loss reser��sha��be n�n-refundab�e, notw�thstanding the fact�ha�the Loan is ultimately pa�d �n fui�, and Lfender sha�i not be r�quired��pay Barrourer any interes�or earn�ngs on such loss reserve. Lender can n� l�nger require loss reserve paymen�s if Mor��a�e�nsurance cov�rage (in the amount and for�he peri�d that I.�nder requir�s}pro�vid�d by an insurer se��c�ed b�r L.ender again became�a�ailable, is ob�ained, and Lender requires separately deszgna�ed payments�oward the premiums for Mortgage Insuran�e. �f L.ender requ�red Martgage Insurance as a condition of making�he Loan and Borrovc�er was required to make separate�y des�gnated payments t�ward the premiums f�r Mortgag�Insurance, Borrow�r shall pa��he premiums r�quired to ma�n�ain Mor�gage �nsurance in effect, or to pro�ide a n�nTr�fundable�a�s reser�re, until Lender's requirement for N�or��age Insurance ends in accordance vv�th any v�rr��t�n agreement he��een Borrower and Lender proWid�ng for such �ermina�ion�r un�il�erminat�on i� required by Applicable Law. Nothing in th�s 5e�tion I4 affects Borrow�r's�biigat�an to pay �nterest a�the ra��pro�r�ded in the Na�e. Mor�gage�nsurance r�im.burses Lender��r any en�ity that pu�-�has�s the No�e� for cer�ain Iosses it may incur if Borrower does no� repay the L,oan as a�reed. Borrow�r is no�a party�o the Mortgage Insurance. Mort�ag�insurers e�raivate the�r total risk fln all such �nsurance in force from�im�to tim�, and may en�er �nto agr��nlen�s��h oth�r pa��es�ha� share ar mfldify �he�r r�sk, �r reduc�losses. The�e agreern�nts are on �erms and cond��ions that ar�sa�isfactor� to the mor�gage�nsurer an��he��her party �or parties} �a�he�e agreements. These agreements may r�qu�re the m�rtgage�nsurer to make pa�men�s using an� source of funds tha�the mortgage�nsurer may have ava��ab�e�wh�ch may �nciude funds obtained from 1V�or�gage �n�uranc� prerniums}. As a result af these agreements, L�nder, any purchaser of the Note, ano�her in5urer, an� reinsur�r, any o�her entity, Qr any affilia�e of any�f the forega�n�, ma� recei�e�dir�c�ly or�ndirect�� amaunts tha�d�rive from �or mi�h�be charac�erized as} a part�on af Borrov�rer's payments far Mflrt�age�nsurance, in exchange for s�arin�,or modifying the mor�gage insurer's risk, ar reduc�n� losses. �f such a�reem�nt prow�des that an af�I�ate of Lender tak�s a shar�of the insurer's risk in exchange fflr a share of�he prem�ums paid �o the insurer, the arran�emen� is of�en�ermed "cap�ive reinsurance." Furth�r: �a} Any such agreemen�s vvili no�affec��h�amoun�s that Barrower has agre�d�o pay for Mor#ga�� Insurance, or any other�erms of�he Loan. Such agreemenfs►�i�� no� �n�rease the arnount Borrower wiIl owe far�Vlortgage Insurance, and they wi�l no� en��tle Borrower�o any refund. �h 3 Any such agreements vv��no�affe�t the r�ghts Borrov�er has-�f any -��v��h respec��o the Mortgage Insurance under�he Iiom�o«rners Protection Act of 19�8 or any a�her�aw, These righ�s ma�include the righ�t�recei�e cer�ain disc�osures, to reques�and ob�a�n cancellation of t�e Mortgage Insurance, �o have the N�ortgage Insurance��rm�nated autvmat�cal�y, andlor�o receive a refund of any Mor�.�age Insurance premiums�ha� were unearned at�he time af such cancella�ion ar termina�ian. 1'1. Assignment of M�scel�anevus Proceeds; �orfeiture. A�1 Miscellane�us Prnc�eds are hereby assign�d to and shali be pa�d�o L.ender. �f the Proper�y is damaged, such Miscellaneous Proceeds shal� be appiied to rest�ratian or repa�r�f the Proper�y, if the restoration or repair�s e�ononucal��r fea�ib�e and Lender's secur�ty is nat lessened. During �u�h repa�r and res�orat�on period, Lender sha�i ha��the righ�to ho�d such Misce�laneaus Proceeds un�i� Lender has had an oppartuni��r to �nspec� such Proper�y to ensure the vvork has been com.plet�d�o Lender's N�BRASKA-5ingle Family-�annie Mael�recidie Mac UNI��RM 1N5TRUMENT �orm 3Q28 11Qi VMP�"�,) VMP6tN�3�13d�� Wvlters Kluwer�inancial Ser�ices Page 9 of 17