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2o�oos3�� amount and for the period that Lender requires) provided by an insurer selected 6y Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums far Mortgage Tnsurance. If L,ender required Mortgage Insurance as a condition of rnaking the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to rnaintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until the Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for sach terminakion or until terrnination is required by Applicahle Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain lnsses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage lnsurers evaluate their total risk on all such insurance in force frnm time to time, and may enter into agreements with other parties that share or madify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may reqaire the mortgage insurer to make payments using any source of funds that the rnortgage insurer may have available (which rnay include funds obtained from Mortgage Insurance premiums) . As a result of these agreements, I,ender, any purchaser of the Note, another insurer, any reinsuret', any other entity, or any affiliate of any af the foregoing, may receive (directly or indirectly) amounts that derive from ror might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreernent provides that an affiliate af Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangeraent is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amaunts that Borrower has agreed to pay for Mortgagc Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will 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 Hameowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtaia cancellation of the Mortgage Insurance�, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgago Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assi�ment of Miscellaneous Proceeds; Forfaiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. ]1E$RA$KA -- SinglC Famtly -• Fsmia Madl+raddie Mac UP7IFORM INSTRUMEN[ Form 30Z8 1 Ol .) GCC-G3028-10 (09/Ol) (Page 10 of19) Initials: �l