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200206937 Me MonI er Te; Insutanpo previously in efred, aI a Lost substantially equivalent to the cost to Borrower at the Mortgage Insurance previously in effect, Tram an alternate mortgage insurer selected by Lender. If sudslanlially equivalent Mortgage hxorance coverage is not available, Borrower shall porous d pay In Lender dm amoont of the wrearately deli nered payments that were Jae when the ultimate coverage posted to be in effect. Lender will accept, use mtl retain these payments as, a one - retundablc loss reserve In Ilea of Mortgage Insurance. Such loss c shall be non - refundable, Only enumm or Ma f cr that the Lnan is reserve Lela pail in full, and Lender shell t sere required to pay kepoic er any Interest or earnings on such loss reserve. Leader can no longer require loss reserve purer Sh if Mortgage Leader again becomes (in the emoum and fair the period that ires se arranles) provided by na insurer selected ca lulJU again becomes available.. is Trader obtained and Lender requires seat ;as 4 container IF payments inward Me premimne for Mortgage Insurance IrLender inquired Moriguge insurance he a remi or making the Inoculate, and harrower ";is pay re race ium s(pamtdy maintain payments toward i premiums Poo provide a Insurance, Borrower shall put' Me premiums required To maintain Mortgage Insurance s; ill [n rdranc or m provide e mo-re meet le loss reserve, artful Lender's toy ¢den for such Mortgage lover until cods in to accordance required with III Applicable le Law. Nothing i Borrower end Lucors borrower's for such ilon to [la or ll at tire is required by Applicvble taw. �oMin6 in this Section 10 affects 8otr(wer's ohligmion m pay ImeRSI at the cote pdvideJ in Nate Mortgage Inmmvw ay the Ira Lender ((r any ¢miry that party to the Nntua for metnia Iocvew it may III If❑ Margate protons ear repay late Lnan poxagreed_n HurNwer all such npent' to the Mortgage Io time, in evaluate t their tarot risk on all such imurance ip force from time m dine, and may enter tam agreemenu' court at, ruder parties that share or modify their risk, heredraw lasses. These agdmncnn are on moos and These agnstom- shut ere ictur etile or Me Inrgage insurer and the other parry (er e ofere d luese e mortgage 'noun ogre emsmaydqulchthe mortgage ee remake pIminM using any source c or(ads that Mc mortgage i2smu may have available (which may include funds obtained Ram f the Noe I, another premiums)_ A, n result OF affiliate t ony nunm, Leaden, any purchaser of Mc Note, another insurer, any reinsure, any (this' and be characterized any ek i of any c Tat foregoing, cony receive (directly e[ tndiramly) am(uva that derive dam (onnighr be e mortgae is) insurer's portion ofe(rhallh, ew l If a Far M trona lupurnnee, in exchange fur .of Lea er takesaish re f he ins r's ask risk, or rc s for share If such astronaut provides that an [lie acre of Lender cokes oe shed of Me insurer's risk in exchange for a share of the premiums paid w [fie iouaeq We arrengenlem IS open con(a) Any re;oumlde "Further (a) Nan y of agreements will Loan. Suet] agreements amounts that Borrower has agreed mou t coy for Mortgage Insurance, ge any ether land t of the Lnan. Such aarrov er u will not increase the amour[ Borrower will owl par for Mortgage Any such agreements they will materials t thej rig w any refund. (b) Any such d r For 11 will Lot affect the rights Borrower has if any - with respect to may Mclude the Iri under the ndmeownev Prnlerrlon and Obtain 1998 o any ot law. Mortgage rights may include v ith iglu to receive ffrtlt[n Irradiated es, lutomati l and nbmin cancellation receive of the Mortgany Motga In have the premiums dr Insurance terminated interfaith and /m' to receive n refund of any Mortgage Blsm'anre premiums [hat were unearned la ou at the time I such faneell Man ar termination. It. c parr meat of Miscellaneous 1'raeeeJd; Farreilurn. All Miscellaneous Proceeds are hereby assigned m and alien bcpald er Lcndcr. If the Property is damaged, such Miscellaneous Proceeds shall be security to rnotolesien or repair of the Property, it Jie ationlpnon , repair is shall have economically &asih o and Leader's security is not lessened ad ring such repair and restoration period, Lender shall hnvc the right r hold Stich completed an Proceeds until Leader has had air opportunity ct inspect such Inebriation rt to ensure the wine has been Completed m its ands satisfaction, restoration n i provided that such inspection shall he cogie s pr promptly Lender may pay for the repairs end nalt is ma in nnle disbursement or o a series onemgresw payments as the work is Completed. Unless If agreement is made e wolfing or Applicable lawrequires rings otobepaidnnsocM1Mlswllceds IProere4s,Lcndcrshelleat be required to pay Borrower lhic o any interest t cu carvings on Loch lessened, the Miscellaneous &opoedn. Ifthe shalln e a Or repair is our economically frasibic or lancer Institutor. whwould be of then t the e ex Proceeds shill he applied r. Me sums second us Mrs Seaniry l be applied whether a not then due, w'Ni don exwse, if any, paid ro Borrower. Such Miscellaneous Prneccds shall event in the order provided tot In less In Section? . GI Mc went of e coral raking destruction, n Instrument, for in valuee rthe Pt dual d the ith the Pfany, a shell be -root applied to the sums secured by this Security los¢umem, whether unml Men due, with Me excess, if any, partite Itorrower. NLLanpisk 'ate;lclauu'ly- ruin; tale¢ /prtJAie Ndol!NIFORhl INSIRUNIE:N1 Form 3028 V01 IPane ],f 12 ynaee/