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2� 17� 1287 A►ny ar�ounts disbursed by L�nder un.der this Se�tian 9 shall became additional debt�f Borr4wer�ecured by tbis Security�n.strument,These am�unts shal�b�ar interest�t the N��ate frQ��he da�e of disbursex�ent and shall be payable,with such interest,u�an notice from Lender to�orrawer req�esting payment, If this Security Instrume�t is on a leasehold,Borrowex sha1l comply�vith aI1 the pr�v�sions�f the lease. �f Barrower acquires fee t�t1e to the Property,the�easehold and the fee tit�e shall not�nerge untess Le�xder agrees to the merger in writiag. 1 Q. M o rt�ag e�n s u ra r�ce.I�L�nd�r requ�red�ortgage Insurar�c e as a condit�on o f making the Loan, Borrower sha11 pay the premiums r�quir�d to maintain the Mor��age Insurance in effect.If, for any reason,the Martg�g�Insura��ce ca�erage rec�uired by Lender cease�t�be availabl�from th�mor�gage insurer that previously pro�ided such insurance and B�rrower was r�quired to make separately designated paym�n�s tov�ard the premiums far Mortgage In.surance,Borrotiver shall pay th�premiums required to ab�ain coverage substantially equi�atent�a the M�rtgage Insuranee previaus�y in eff�ct,at a cost substa.ntially equi�a��nt tv the cast ta Borrower of the M�rtgage Insurance previou�ly in effect,fram an alternate mortgage insurer sel�cted by Lend�r. Tf�ubstantiatly�quivalent Mortgage Insurance cv�erage is not a�ailable,$orr�wer sha�1 contint�e to�ay t�Lender the amount of the separate�y designate�paymen�s that were due when the insuranc�coverage ceas�d to be in effect. Lender will accept,use and retain�hese�ayments as a non-refundable los�re�erve�n lieu of Martgage Ins�xrance. 5uch loss reserve shall be non-refundab�e, notwithstanding the fact that the Loan is ultimately paid in ful�,and L�nder shali not be required ta pay Barrower any interest�r earnings on such lass reserve.Lender can no lon�er require loss reser�e payments if 1Vlortgage�nsura�ce c��erage(in�he amount ar�d for�he periad that Lender r�quires}provided by an insurer selected by Lender again beComes available, is�btained,and Lender requires separa�ely des�gnated paymer�ts totivard the premiurns for Mort�age Insurance. If Lender requi.red Mortgage Insurance as a condition Qf making the Loan and Borrawer was requir��ta rnake separately designated payments t�ward the premiums fQr Mortgage�nsurance,Borro�ver shall pay the premiums required to maintain Mortgage Iasurance in effect,or to provide a non-refundable�loss reser�e,until�.�nder's re�uirernent for Mortgage Insurance en�s in accordance�vith any written a,greement be�veen Borrawer and Lender providing for�uch termination ar unt�l terminati�n is required by Applicabte La�v,Nothing in this 5ectian ��affects Borrower's obliga�ion to pay interest at th�rate pravided in the Note, Martgage Insurance reimburses Lender(or any entity that purchases th�N�te�far certain 1oss�s it may incur if Borrow�r does not repay tbe Loan as agreed.Borrower is nat a party t�the Mortgage Ynsurance. Mortgage insurers evaluate their to#.�1 risk ar�a11 such insuranc�in force fram tirne to tim�,and may en�er into agreements with oth+er parties that share or madify their risk,or reduce iosses. These agreements are on terms and canditi�ns that are satisf�ctory�o the�'n�rtg�.g��.st�.rer�nd�h�other p�rt�r�or p�rties��o the$e a�reements. These agreernen�s may require the mortg�.ge insurer to make payme�ts using any source of funds that the mor�gage ir�surer may have a�ai�able�wh�ch may inc�ude funds obtained from Mortgage InsuranGe premiums�. As a result of these agre�ments,Len�ler,any purcha�er of the I�ate,anoth�r insurer,any reinsurer,any ather entity,or any aff"i�ia��af any of the faregoing,may recei�e�directly or indire�tly}amaunts that der�r�e fr�m�ar mi�ht be�hara�ter�z�d as�a par�ion o��orrower'�paymen�s for Martgage In�uran�e,in exchange for sharing or modifying the martgage insurer's rislc,or reducing losses. If such agreement provi�es that an affiliate af Lender takes a share of th�insurer's risk in excb.ang�for a share of t�e premiums paid to the insur�r,t�e arrangement i�aft�n t�rmed"captive reinsuran�e."Fux-ther; q�33�D 85�Q1 �233 559 09�7 NE9RASlCA-5in�le Family-Fannie MaelFreddie Mac UNIF�RM lNSTRIJMENT WITH MEFtS Farm 3�281ffl� VMP� VMPBA{NE}t13�2].4D Wolters Kf�wer Fln�nciaf Services Page 9 of i 7