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2 0110 3 0 3.; 1111058045 If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. Bozrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower sha.Il not, without the express wzitten consent of Lender, alter or amend the graund lease. If Bonower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. a 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Tnsurance in effect. If, for any reason, the Mortgage Tnsurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was reqnired to make sepaaately designated payments towazd the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Bonower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower sha11 continue to pay to Lender the ainount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lendez 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 tlie Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any intezest or earnings on such loss reserve. Lender ca.n no longer xequire loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender requu�ed Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premfums for Mort�age Insurance, Borrower shall pay the premiums reqnired to �aintain Mortgage Insurance in effect, or to provide a non-refunda.ble loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing £or 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. Mortgage Insurance zeimburses 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 not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on alI such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on tenms and conditions that are satisfactory to tlie mortgage insurer and the other party (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 fram Mortgage Insurance premiums). As a result 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) amounxs that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange £or sharing or modifying ttie mortgage insurer's risk, or reducing Iosses. If such agreement provides that an affiliate of Lender takes a share of the insurer`s zisk in exchange for a share of the premiums paid to the insurer, the arrangement is ofiten termed "captive reinsurance:' Further: (a} Any snch agreements will not affect t6e 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 they will not entitle Borrower to any refnnd. • (b) Any sacb agreements will not affect the rights Borrower has - if any - wfth respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certafm d'asclosures, to reqatest and obtain cancellation of the Mortgage Ynsurance, to have the Mortgage Insurance terminated antomat�cally, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. •.. . If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoratian or repair is economically feasible�and Lender's security is not lessened During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Praceeds until Lender has had an opporhmity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that snch inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement oz in a series of progress payments as the work is NEBRASKA—Single Family Fannie MadFredtlie Mae U1�IIFORM INSTRUMENT � Modi�ed for VA +�? 338.2 Page 7 of 12 Foam 30281/Ol