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� 2� 17� 1 ��5 Mortga�e�nsurance prev�ously�n effect, at a cos�subs�antial�y equivalent to the cost to Borrower of�he Mor�aaae Insurance previously �n effect, from an alternate mor�gage insurer selected by Lender. If substan�ially equ��aien� Mortaa�e Insurance co�erage is nat available,Borr�wer sha�I continue ta pay to Lender the amount of the separa�e�y deszbnat�d payments�ha�were due wh�n the znsurance covera��ceased to be zn effect. Lender will a�cept,use and retain�hese payrnents as a non-refundable lass r�serve zn ��eu of Mar�gage Insurance. Such �oss reserve sha�I be non-refundable,nottiviths�anding�he fac��hat the�C,oan zs u�timat�Iy paid in full,and Lender shali no�be requrred�o pay�3arrow�r any �n�eres�or earnings on such Iass reser�e. Y�ender can no lon�er requ�re �oss rese�-�ve paym�n�s if Martgage Insurance co�erage�in�he amoun�and for�he penod�hat Lender requ�res)prflv�ded by an�nsurer selected by Lender agazn becomes available, is ob�aYned, and �Lender requxres s�para�ely desibnated payments �award the premzums for Martbage Insurance. �f Lender requzred Mortbag�Insurance as a condi�ion of ma�na the Loan and Barrourer uras requ�red to make separa�e�y desibnated payments to�vard the premiums for Mortga�e Insu�ance, Barrower sha�i pay the prem.�ums r�quzred to ma�ntain Mar�ga�e InsuranGe in effect,or�o provide a non--refundable loss reserve, unt�� Lender's requzremen� for Mortgage Insuranc� ends in accardance with any writ�en agreement bet�reen Borrower and Lender providing for such tenninatzon or until �ermination �s required by Applicab�e Law. Nothing in�his Sec�ian��affec�s Borrou�er's�b�zga�zan ta pay�nterest at the ra�e pr�v�ded�n�he Note. Mor�gage Insurance r�imburses Lend�r �or any en�i�r that purchases the Note) for cer�ain �osses Y� may �ncur�f Borrower does no�r�pay the Loan as abreed. Bonrow�r�s no�a party to the Mortbabe Insurance. 1V��r��a�e insurers evaluate�heir t�tal risk on all such znsurance rn force from t�me�o time, and may enter �nto agreem�nts u�xth other parties that share or madify th��r risk, or reduce Iosses. These agreerrments are�n terms and condi�ions tha� are sa�isfactory to the mortgage insurer and the ather party �or partzes} to these agreemen�s. These abreements may requ�re�he mortgage insurer�o make payments us�nb any source of funds that�he mor�gage insurer may have availa�ie�which may�nciude funds ob�ained from Mar�gabe Insurance premzums}. As a resuit of�he�e abreemen�s,Lender,any purchaser of�he No�e,another insurer,any reinsurer,any o�her entity, ar any aff I�a�e �f any �f the foreao�nb, may receive �direc�Iy or indirec�Iy� amaun�s that derive from �or m�bht be chara�teri2ed as� a p�rtzon of Borr�vver's payrnents for Mortgage Insurance, in exchange for sharing or mod�fyinb the mortgape insur�r's r�s�, or reducznb �osses. If such agreement prov�des tha� an aff��a�e of Lender takes a share of the insurer's risl� in exchanbe for a share of the premiums paid to the insurer, the a.rrangement is often t�rmed"captiv_e re�nsurance." Fur�her: �a� An.�sa�ch agre��e�ats w�.l mo�affect�he a�ou�ts��t��r��re�has �g�-eed.to pay for Mo�taa�� Ins�a��.�e,�r a�y oth�r t�rm.� �f the Laa�. 5��.bre�r�ents w�not inc�e�se the a�ount�or�o�ve��oYv� �or�or�gab�Iffis�ran��,�.nd.tlh�y�vill�.ot e�.t��e�orrawer�o a�.y re�ux�c�. �lb} A�� such agree�.��.�5 �vv�. m�t �.��ct the rights �arrowe� h�s - if any — wzth respect to the Nlartb�b� I�sur�.n.�e u�d.er ��e ��ma.�a�.ers ]Prot��t�.�� Ac� of 1995 �r a�.y ��he� ��.w. 'I'hese ri�hts �ay x.n.c�.u�e�e�ight t�rece�v��er��.�n��sc�fls�-es,to request and.ob�a�ca��ellati�n of the Nl�rtga�e I�surance, �v ��.v� the ��ort�age I�.sura�ce ��r�ated aut�a�a��a�y, andlor ta �ec�ive a refu�.d. af any Nlor�aabe I�.sur��e p�-��iu�s t�a�.��exe u�.ear��d at�e t�e of su�h cancellation or t�r�i�a�o�. 1�. �5s�g�m.��t of �i��e�a�e�us Pro�eeds; �ox-fextu.re. AII MisceXlaneous Proceeds are hereby assraned to and shall be pa�d to Lender. If�he Property �s damaged, such Nl�sce��ane�us Proceeds shaii be appiied to restoratian or repazr of the �'roper�y, if the restoration or repa�r xs econamicaliy feasible and Lender's security is no� �essen�d. During such repa�r and restoration peniod,Lender shall have the ri�ht to hold such IV�isce��aneous Proceeds un�il Lender has had an �pportuni�y to inspect such Property�o ensure the u�ork has been comple�ed�o Lender'� sa�isfac��on, prov�ded that su�h �nspect�an shall be under�a,ken prompt�y. Lender may pay for the repairs and restora��on in a single d�sbursement or in a serzes of pr�gress payments as the�v�rk zs campleted. Uniess an agreemen�is made in writing or App��ca�Ie Law requir�s�nteres��n be pa.Id on such Miscellaneous Proceeds,Lender sha��not be requxred�o pay Borro�er any�n�eres�ar earn�ngs on such M�sce�laneous Proceeds. Zf the restara.tion ar repair is not econom�caXly feasib�e or Lender's security wou�d be�essened,the Miscellaneaus Proceeds shaXX b�applied�o�he sums se�ured by Neb�-aska Deed of Tr�,gst 5in��e Fam�.iv Fannie MaelFreddie Mac Unifvru�Instru.ment Form 3025].IU 1 N�]ERS Mc�d.if ed The�or�pliance Source,Inc. ]Pase$of�4 Modified by�ornplia�.ce 5ource��3U�NE aSl��Re�I�II5 Q2DDU-ZU��,The Compliance Source,�n�. � 5 'I 3 — 2 � � D 8 tS 6 �