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200206926 Any amounts dl,bucsed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Nom ram from the date of dimmsoment and shall be payable. with such interest upon notice from Lender to Borrower requesting payment, If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the f title shall not merge unless Lender agrees to the merger in writing. 18. Mortgage Insurance. If Lender requred Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required In maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Iorder ceases tv be available form the mortgage insurer that previously provided such ineumnw and Burrower is asrequired to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain cnvemge substantially equivalent to the Mortgage Insurance previously in 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 I ender. If substantially equivalent Mortgage Insurance coverage Is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage cased to be in effect. Lender will accept, use and retain these payments as a non - refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non- refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (its the amount and for the period that Lender requires) provided by an insurer r selected by Lender again becomes available, is obtained. and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If lender required Mortgage Insurance as a condition of making the Iran and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shu 11 pay tire premiums required to maintain Mortgage Insurance in effort, or to provide a non-refundable loss until the Lender's argon ement for Mortgage Insurance ends in accordance with any written agrcement between Borrower and Lender providing for such termination or until maturation is required by Applicable Law. Nothing in this Section 10 affects Borrowers obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entry that purchases the Note) for certain losses it may incur if Borrower does not repay Me Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force form tune to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These movements are on terms mid conditions that are satisfactory to the mortgage insurer and the other parry (or parties) to these agreements These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance prcmimns). As a result cofthese agreements. Lender, any purchaser of the Note, another insurer, any reinsures any other entity or any affiliate of any of the forgoing, may receive (directly or indirectly) amounts that derive Wm (or might be characterized as) a portion o( Borrower's payments for Mortgage Insurance, M exchange for sharing or modifying the mortgage insurers risk or reducing losses If such agreement provides Nat an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premium, paid to the Insurer, the arrangement is often maned'captve minsuran<" 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 ll one for Mortgage Insurance, and they will not entitle Borrower to any refund. w (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insurance tinder the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Manage 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. (COttL) toCOO Page P of 15 Po,m I028 I 101