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200409958
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Last modified
10/16/2011 9:49:14 PM
Creation date
10/21/2005 4:53:44 AM
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DEEDS
Inst Number
200409958
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4443650426 <br />200409958 <br />risk, or reducing losses. If such agreementprovides that an affiliate of Undertakes a share of the <br />insurer's risk in exchange for a share of the premiumspaid to the insurer, the arrangemenfis often <br />termed "captive reinsurance." Further: <br />(A) Any such agreements will not affect the amounts that Borrower has agreed to pay for <br />Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase <br />the amount Borrower will owe for Mortgage Insurance, and they will not entitle <br />Borrower to any refund. <br />(B) Any such agreements will not affect the rights Borrower has - if any - with respect to <br />the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other <br />law. These rights may include the right to receive certain disclosures, to request and <br />obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance <br />terminated automatically, and /or to receive a refund of any Mortgage Insurance <br />premiums that were unearned at the time of such cancellation or termination. <br />Initials: <br />-11 �� <br />�® 11 R (0004) Page 2 of 3 Form 3160 4/00 <br />
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