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200266668 Any amounts disbursed by Lender under this Section 9 shall becotuq $dditianal debt of Borrower secured by this Security Inscument_ These amounts shall bear,intaest at ttft Note rate from the daze of disbursement and shall be payable, with such interest. upon notice from Lend.= to Borrower requesting payment. If this Security Instrument is on a leaschold, Borrower shall comply with att the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold 2:0 *h• ?Y '_itle, isball not merge unless Lender agrees to the merger in iNTiti ng_ ID. Mortgage Insurance. If Leader requizvd Mortgage Insuraem W = xldition of malting the l.atm, Borrower shall pay the premiums required to maintain the Mortgage Iasu. -tire- effect 1. for any reason, the %lo :tgage Insurance coverage required by Leader cease; to be avaiil&&- :mar the mertgalte insu= that previously provided such insurance and Borrower was Trquired to r%KLc s--parstely designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the, pn=rams eectuired to obtain coverage substantially equivalent to the NlortgMgc Insurance previously Ln effect- at a cost substantially equivalent to the cost to Borrower, of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mtxtgage Insti ance covYragt is not available. Borrower shall continue to pay to Lender the amount of the separately designated paym•s that .%em dzX when th insurance coverage ceased to be An effect Lender will accept, use and re= tires Mm-u m is a noq-tefirvdable loss reserve in lieu of Mortea-c Insurance. Such loez reserve shall be riata- refurrdabic notwubstanditrg the fact that the Loan is ultitrtazely paid in fur?. and Lender shall not be required to 0 x Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve paymen s if y.!ongage Insurance coverage (in the amount and for the period that Lender requites) provided by an inst= selected by Lender again becomes available, is obtained_ and Lender requires separately designated payer toward the premiums for Mortgage Insurance. If Lc-nder required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Moatgagr Insurance. Borrower sh .ill pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non- refundable loss reserve. until the Lender's requirenent for Mortgage insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law_ Nothinz in this Section 10 affects Borrower's obligation to per- interest at the rate provided in the Note. tifcrt gage Insurance reimburs-t -s Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed_ Borrower is w: a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and ry enter into agreements with other parties that share or modif} their risk, or reduce losses. These agreements -:c on terms and conditions that are satisfactory to the mortgage insurer and the ether part} iri parties) to these agreements_ These agreements may inquire the mortgage insurer to male payrents usin^ -ce of ,.ends that the mortgage insurer may ha•.e available (which may include funds obta.ned fro -. ;nge Insurance premiums). As a result of these agreements, Lendet., any pircha er of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the forty rig, may receive (L-MCdy or indirectly) amounts that derive E-0,11 (or might be characterized as) a portic-I o'-Borrow•ces payrents for ?Mortgage insurance, in exchange for sharing or modifying the mortgage insurers risk. or reducing losses. if such agreement pre n-Jes that an affiliate of Lender takes a share of the insurers risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance_" Further. (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan Such agreements will not increase the amount Borrower Will owe for Mortgage Insurance, and then v+ill not entitle Borrower to any refund_ (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insurance under the Homeowners Protection act of 1998 or any other law. These rights may include the richt to receive certain disclosures, to request and obtain cancellation of the Mortgage insurance, to have the Mortage Insurance terminated automatically, and/or to receive a refund of any mortgage Insurance premiums that were unearned at the time of such cancellation or termination. � r lait�at5= �,:Ht� -6(NE) sacs; p>jr 5 of 15 Form 30 --8 1(01