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�Oi0U899� amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and L,Qnder requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Bonower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the prerniums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until the Lender's requirement far Mortgage Insurance ends in accordance with any written agreement between Borrower and I,ender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Martgage Tnsurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower daes not repay the Loan as agreed. Borrower is not a party Co the Mortgage Tnsurance. Mortgage insurers evaluate their tatal risk on all such insurance in force from time to time, and rnay enCer into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on Cerms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the nnortgage insurer ta make payrnents using any source of funds that the mortgage insurer may have available (which may include funds obtained from Martgage Insurance premiurns). As a resulc of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amouncs that derive from (or 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 agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of che premiums paid to the insurer, the arrangement is aften 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 Borrawer will owe for Martgage 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 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 Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiurns that were unearned at the time of such cancellatian or te�rmination. 11. Assignment of Miscellaneoas Proceeds; Forfeitare. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. �' B�$� -- Single Faznily -- Fannie Mae/F�eddie Mac UNIFpRM ►N5TRUMENT Form 3Q28 1 Ol GCC-G3028-10 (09/01) (Page 10 of 19) Initials: