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2� 17�2359 <br /> Any amvunts disbursed by Lender under this 5ection 9 sha�I be�ome additional de�t af Borrower secured by <br /> this Security instrument. These amaunts shall bear interest at the Note rate from the date of disbursemen� <br /> and shall be payable, with such interes�, up�n notice fram L�nder to Borrower re�uesting paym�nt. <br /> If this Security instrument is on a�easehold, Borrower shall compiy with all the pro�isions �f the lease. If <br /> B�rrvwer acquires fee title to the Property, the leasehold and the fee titie shall not merge unless Lender <br /> agrees ta the merger in vvr�t�ng. <br /> 'I Q. IIA ortgage !nsurance. If Lender required Mortgage Insurance as a condition of making the Loan, Barrower <br /> shall pay�he premiums required to maintain the Mortgage Insurance in effect. If, far any reason, the <br /> Mortgage Insurance co�erage re9uired by Lender ceases t�be a�ailable fram the mvrtgage insurer that <br /> pre�ious�y pro�ided such insurance and BorrovWer was required�o make separately designated payments <br /> taward the prem�ums far Mortgage Insurance, Borrower sha11 pay the premiums required ta obtain co�erage <br /> substantially equi�alent to�he Martgage Insuran�e pre�iously in effect, at a cast substantial�y equi�alent to <br /> the cost to Borrower of the Mortgage Insurance pre�iously in effect, from an a�ternate mortgage insurer <br /> selected by Lender. If substantially equi�alent Mortgage �nsurance cv�erage is not a�ailable, Borrower shall <br /> continue to pay to Lender the amount of the separately designated payments that were due when the <br /> insurance co�erage ceased to be�n effect. Lender will accept, use and retain�hese payments as a <br /> non-refundable loss reser�e in lieu of Martgage �nsurance. Such loss reser�e shal�be non-refundable, <br /> notwithstanding the fact that the Loan is ultimately paid in ful�, and Lender sha1�not be required to pay <br /> Borrower any interest or earnings on such loss reserve. Lender can na longer require loss reser�e payments <br /> if Mor�gage Insurance coverage�in the amount and for the periad that Lender requires�pro�ided by an <br /> insurer selec�ed by Lender again becomes a�ailable, �s obtained, and Lender reQuires separately d�signated <br /> payments toward the premiums for Mortgage �nsurance. If Lender required Mortgage Insurance as a <br /> cvndition of making the Loan and Barrower was required to make separately des�gnated payments toward the <br /> premiums for M ortgage �nsurance, Borrower sha1l pay the premiums required ta ma�ntain Mor�gage <br /> Insuran�e in effect, nr tv pro�ide a non-refundable loss reser�e, until Lender's requirement for Mortgage <br /> Insurance ends in accordance with any written agreement between B�rrflwer and Lender pro�iding fvr such <br /> termination ar until termination is required by Applicable Law. Nothing in this Section 1� affects <br /> BorravW�r's obligation to pay interest at the rate pro�vided in the Nvte. <br /> Mortgage Insurance reiml�urses Lend�r (or any entity that purchases the Note}for certain losses i�may incur <br /> if Borrower da�s nat repay the Laan as agreed. Borrower is not a party to the Martgage Insurance. <br /> Mortgage insurers e�aluate their tota�risk on al1 such insurance in force from time to time, and may enter <br /> into agreem�nts with other parties that share or modify their risk, or reduce Iosses. These agreements are on <br /> terms and conditions that are sa�isfactory ta the mortgage insurer and the other party �or paY-ties}to these <br /> agre�ments. Th�se agreements may require the mortgage insurer to malce paymen�s using any sourc�of funds <br /> that�he martgage insurer may ha�e a�ailab�e(which may include funds abtained from Mortgage Insurance <br /> premiums}. <br /> As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any <br /> other entity, �r any affiliate of any of the foregving, may recei�e�direCtly or indirectly} amaunts tha� <br /> derive frvm(or m�ght be characterized as}a portion of Bvrrower's payments for M�rtgage Insurance, in <br /> exchange for sharing ar mvdifying the mortgage insurer's risk, or reducing lvsses. If such agreement <br /> pro�ides that an affiliate af Lender takes a share�f the insurer's risk in exchange for a share of the <br /> premiums paid to the �nsurer, �he arrangement is often termed "capti�e reinsurance." Further: <br /> �3�so4o <br /> NEBRASKA-Single Fam ily-Fannie M aelFre�die M ac UNIFQ�Vi IN5TRLIM ENT WITH M ER5 Form 3❑28�!�1 <br /> VMP Q VMPfiA{NE}{�302} <br /> Wv1t ers Kluw er Fir�ancial Serv ices Page 9 of 17 <br />