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2� 17� 1479 insurer that pr�viausly provided such insurance and Borrower was requir�d �o make separa�e�y designated paym�nts �oward the prem�ums for Martgage �nsurance, B�rrower shal�pay�he prcmiums requir�d to obta�n coverage subs�antia��y equiva�cnt to�he Mor�gage Insurance previaus�y in�ffect, at a cost subs�anti�a�ly e�ui�aien�to the costi�o Borrower of�he Mar�gage �nsurance previausly in effect, from an a��erna�e martgage znsurer selec�ed�y Lender. If subs�anti�al�y equivalen�Mortgage Insurance ca��rag� is not ava��ab�e, Borrower sha�� cont�nu� �o pay ta Lender the amount of �he separately designa�ed paym�nts that were due �vhen the insurance coverage ceased �o be xn effect. Lender vWill accept, use and re�ain�hese payments as a non--refundab�e 1�ss reser�ve in lieu af Mor�gage Insurance. Such �oss reser�e shal� 1�e non-refundable, na�wzthstanding�he fact�hat the Loan is ul�ima�eXy paid in fu�1, and Lender sha�1 not be required ta pay Borrower an� interes� or earn.�ngs �n such Ioss reserve. Lender can na longer requ�re loss reser�e paym�n�s if Mor�gag� Insurance co�erage �in �he amoun� and far �h� period that Lender requir�s} pro�ided by an �nsurer s�l�cted by Lender aga�n becomes availab�e, �s obtained, and Lender requires separately des�gnated paymen�s t�ward the prem�ums for Mortgage Insurance. �f Lender r�quir�d Mflr�gage �nsurance as a condi�i�n of makin� the Loan and Barrower �vas required to make s�para�ely designa�ed paym�nts toward the premiums for Mor�gag� Insurancc, Barro�rer sha�l pay the premiums requir�d to maintair� Mor�gage Insurance in effect, or ta pravide a non-refundab�e lass reserve, un�il L�nder's requirernen� far Mor�ga�e Xnsurance ends in accordance w�th any wri�ten agreemen�betvveen Borrnwer and Lender providing for such�ermination ar unt�l terminat�on is r�quircd by Appl�cab�e Law. Nothing in this Sec�xon 1� aff�cts Borrawer's flb�igation ta pay interest at�he ra�e provided in the Note. Mor�gage�.nsurance reimburses Lendcr�ar any en�ity�hat purchas�s the No�e}for cer�ain losses�t may incur if Barrov�er d�es not repay the L�an as agre�d. Borrow�r �s no� a party �o the Mor�gage �nsurance. Mortgage insurers e�aluat� their �ata1 risk on all such insurance in force from time to �ime, and may en�er in�o agreem�nts �vi�h oth�r par��es �hat share ar rnodify �heir risk, o�c reduce �osses. These agreemen�s are on�erms and condi�ions�hat are satisfactary�o the mor�gage insurer and the other par�y �ar par�ies} to �hes� agr�ernents. These agr�em�nts may require �he mor�gage insurer to make paymentis using any sour�e of funds that�he martgage �nsurer may have available�which may include funds abtained fram Mor�gag�Insurance pr�m�ums}. As a result of�hese agre�men�s,Lender, any purchas�r of the Note, another�nsurer, any rcinsurer,any �ther en��ty, or an� affilia�e of any of�he forego�ng, may receiv� �directly or indirectly� amounts that derive from ��r migh�be characterized as� a por�ion�f Borrower's paymentis f�r Mortgage Insurance, zn exchange for sharing or modify�ng th�mor�ga�e insur�r's risk,or r�ducing�osses.If such agreement prov�d�s that an affi�ia�e of Lender takes a shar� �f the insur�r's r�sk in exchange for a share of the premiums paid�o the insurer,�hc arrangement i�aften termed"capti�e reinsurance."Fur�her: (a� Any such agreements w�x� nat affect the amounts that Borraw�r ha5 agreed to pay fvr Mortgage Insurance, or any other terms of the Laan.Such agreements will not increase the am�unt Borrower will ow� for Martgage Insurance, and they will n�t �ntrt�� Borrower ta any refund. (b} Any such agreements �r�vilY not affe�t the rights Borrvwer has - �f any - with respect to th� Mortgage Insurance under the Homeovvner5 Protection Act of 1998 or any ather law.The�e r�ghts may inc�ude the righ� ta re�ei�e certa�n drsciasures, to r�quest and �btain cancel�a�ion af the Mortgage Insurance, to ha�e the Mor�gage �nsurance t�rminated automatica�ly, andlvr t� recei�e a refund of any Martgage Insurance premiums that were unearned at the time of such cancQllation or term�nation. 11. Assignment of Misc�llaneou�Proceeds; Farfeiture.A�1 Misc�l�ane�us Proceeds are hereby assigned to a�d sha��be paid�o Lend�r. N�BRASKA-5ingle Camily-Fannie:1'IaelTreddie i'Nac LINIF�I7N INSTRI]VIE:VT Fnrm 3428 11U1 �2��4-2fl 1 b Gnmpliance Systems,Inc.eS 1 c 1 cfe-bd2fl59ee-ZO 1 G.482.1.4 Single�'aiZ�ily Real Es[aLe-Sccurity Irlstriir7�ent DL�D47 Pa�c 8❑f 14 c www.cornplianccsystems,com �-� `��'�; s�i:; :'' �' � �;,;.; }., ; ;;:;�' ;:;:;;' ':;;,i��'' �'�' ';i�!s�;:I. I ;;::;;�!;� �i II ��;;�; ' ]1 I ' �. ;:I I ��i �� ii� �:;li:j .i i� sl� I..i,��..;i.. ;I 3I; i I i �3;:`s' i's �':j i i� �'j il i�:� !I i':i i: j�'jl i i� i; �I I i! � �31��l(�l��II��I��I�L��,II��1�1��I��1��;�1��,�ll;�Il;;l i��llll��;��II��III.��1�.�1�:1::111::11��ll l��,I�f L��I�I��l::�l��11� * D L � Q 4 7 - 8 8 Q 1 9 G 4 3 7� - Q 2 2 T 1 7 - 1 3 � 1 -- R E1 R � T A D 1 *