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2� 17��839 c�nt�nue to pay �a Lend�r�he a�maunt of�he separa�ely designa�ed payrilents that were du�when�h� �nsurance�overage ceased�o b��n effec�. Lender will accep�, use and retazn these payments as a n�n-refundabie�oss reserve�n�i�u of Mor��age Insurance. Su�h I�s�reser�e shal�be non-refundable, natw��hs�anding�he fac��hati the Loa�. i�ult�matel�pa�d�n fu��, and Lerider shai�no�be required��pay Borrower any�nte�rest or earnxngs an su�h�oss reser�e. Lender can na�o�.ger require�oss reser�e pa�men�� �f Mor�gage�nsurance�overag��in the amount and for the p�r��d�hat Lender r�qu�res}pr��vided by an insurer seiec�ed b�Lender agazn becames a�vai�able, is ohta�ned, and L.�nder requ�res separately designa�ed paym�nts toward�he premiums for Mor�gage�nsurance. �f L.ender required Mortgage �nsurance as a cond�ti�n af making�.h�L.oan a�ad Borrovtr�r was requ�red�� make separa�ely designat�d pa�rmen�s t�ward the premiums f�r Mor�gage�nsurance, Barrov�er shall pay the prem��urns required to ma�ntain Mor�gage �nsuran�e in effec�, ar�o pra�ide a non-refundab�e loss reserv�, unt�i Lend�r's requ�r�rr�ent f�r M�rtgage �nsuranLe eri�s in accorda�ce v�i�h any wri��en agreemen�be�we�n Borrower a�n.d Lender pro�iding for such ter�ni.nat�on or untx��erminat�an is required by App�icable Law. N��hing in this Section 1 D affec�s Borrower's obl�ga��an to pay interes�at the ra��provided in�he No�e. Mor��age�nsurance�e�mburses Lender�or any�n�i�y��a�.purchases��e Nate} for cer�ain losses it rnay �ncur if Barrower do�s no�repa��he L.oan as agre�d. Borrower is not a par��o the N�or�gage�nsurance. Mor�gage�nsurers e�a�ua�e�heir�ota1 risk on a�� such�nsuran�e in force from time�o t�me, and ma�en�er in�a agreemen�s w�th other par�ies�ha�share or mad�fy�he�r risk, or r�duce�o�ses. 'I`hese agreements are on �ernls and conditio�s�ha�are sa��sfac�ory t� the mar�gage insur�r and�he other party �or part�es}�o�hese agreements. These agre�men��may requ�re�he mor�gage insurer��make payxnen�s using any saurc�vf funds �hat�he mor�gage�nsurer may ha�e avaiia�le�wh�ch may�nc�ude funds abta�ned from Mor�gage Insurance prem�um�s}. As a resu��of�hese agreements, Lender, any purchaser of�he Note, ant��her insurer, any re�nsurer, any o��.er ent�ty, or any aff��a�e of any of the forego�ng, may recei�e�d�rect��r or indirect�y�a�naun�s that derive from �or m.ig�.t be character�zed as} a p�r�xon�f B�rrow�r's paymen�s for Mor�ga�e Insurance, �n exchange for sharing or modify�ng the mor�gage insurer's risk, or reducing losses. �f suc�agreement pro�v�des�hat an affilia�e af L.ender tak�s a share of the�nsurer's risk in exchange for a share af�he pr�m�ums pa�d�o th� �nsurer, the arrangemen�is of��n termed "capti�e re�nsurance." Fur�her: �a� Any such agreements w�l�not affe�t�he axnaunts that Borrower has agreed t�pay for Mar�gage Insurance, or any o�her terms of the Loan. Such agreements will no�incre�se the amvunt B�rrower will vwe for Mortgage Insurancey and they w��l nat entit�e Borrower t�any refund. �b} Any such agre�ments w��no�affect th�rights Borrawer has-�if any -with respec�to the Mortgage InsuranCe under the Hoxnea�vn�rs Protect�on Ac�af 1998 or any�ther�aw. These rxghts may inciude the r�ght tv receive certa�n disclosures, to request and obta�n cance�lat�on of the M�rtgage Insurance, to have the Mortgage Insurance term�nat�d automat�caliy, andlor ta recei�e a refund of any Mor�gage Insurance pre�n�u�ns that were unearned at the�in�xe of such cance��at�on or termination. 'I�. Assignrr�ent of �'Vliscellaneous Prac�etis: Farfeiture. A1I Miscellaneous Pr�c�eds are h�reby assigned�o and sha11 �e paid ta I,.�nder. �f t�ie Proper�y�s damaged, such Miscellan�aus Proceeds sha��be app��ed to restara��n or repair of�he Property, if the restora��on or repa�r�s ec�nomicai�y feasible and L�nder's security�s no�less�ned. During such repa�r and restora�ian period, Lender sha�l have the right to hold su�h M�sce�ia.ne�us Proce�ds un�il Lend�r has had an o��or�uni�y�o inspect such Praper��r�o ensure�he�uork has been comple�ed t� Lender's N�SRASKA-5ingle�amily-�annie MaelFreddie Mac UNIF�RM INSTRUM�NT �orm 3428'�lfl1 VMP� VMPB�NEf(13�2y Wolters Kluwer�inanciaf Ser�ices P�9��7