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201107695 continue [o pay to Lender the amounY of the separaCely designated paymenYS ChaY were due when Che insuranee eoverage ceased to be in effect. Lender wlll accepf, use and retain these payments as a non-refimdable loss reserve in lieu af Mortgage Insurance. Sueh loss reserve shnll Ue non-refimdable, notwithstanding the fact thaY the Loan is ulCimately paid in full, avd Lender shall not be required to pay Borrower any interest or earuings on such Ioss reservc. Lender can no longer require loss reserve paryments if Mortgage Insurance coverage(iu the amowit and for the period ihat Lender requires)provided by an insurer selected by Lendar again becomes availaUle, is obtained, and Lender requires separately designated puymen[s toward the premiutns for Mortgage Llsurance. If Lender required Mort�ige Insurance as a condition of making the Loan and Rorrowcx was required to make separately designated paymente toward the premiums for Mortg�ge Insurance, Borrower shal]pay the premimus required to mainCain Mortgage Insurance in cffcct, or To provide a non-refundable]oss reserve, until L,ender's requirement for M�r�gnge Insurance ends in accordance wiCh any written agreement beCween Borrower and Lender providing fnr such ter�ninatiov or unCil termination is required by Applic�ible Law. Nothing in chis Section 10 affects Borrower's obligatioii to pey iu[erest at Che rate provided in the Note. Mo�fgage Insurance reimburses Lender(or any enCity that purchases the Note) for cerCain losses it ii�ay incur if Borrower does not repay the Loav as agreed, Borrower is noC a party [o the Mortgage Insw anee. Moitgagc insurers evaluate their total�•isk oit all such insurance in force froan time to time, and may enter inYO agreemenfs wi(h other parties tliat share or modify their �isk, or rednce losses. These agreemenCS are on terme and eonditions thaC are saCisfactory to the mortgage insurer and the otlier party (or parties) Yo these agreements. These agreemen[s may require the mortgage insurer to make payments usi��g any source of funds that the mortgage insurer may have available(which may include funds obCained itom Mortgage Insuranee premiums). As a result of tliese agreements, Lender, any put•chaser of tlie Note, another insurer, any reiusurer, auy other enliCy, ox any af�liate of ury of tlie foregoing, may recaive (dixecCly or indirectly}amounts that�darive flrom (pr might be chazacterized ae) a portiou of Borrower's payments for�Iortgage Insurance, in excha�ge for sharing or modifying the morC�;age insurer's risk, or redueing losses. If such ngree4nenC provides fhaC an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid tn the insuret, the arrEmgement is often termed "captive relnsucance." Purther: (a) Any such ngrecanevts will vot affect Che amounts that Borrower tiae agreed to pug for Mortgage Ineurauce, or r�ny otlicr terms of tlie Loan. Such agreemcuts wIll not increase tl�e amouut Borrower will owe for MorEgage Insurance, aud they will noE cutitle Borrower Co any refu�id, (b) Any such agreemcnts will not affect the rights Borrower liae - if any- wiCh respect ta the Morbgage Tnaura�ice under tlic Homeowmers Protect9m�Act of 1998 ar any other law. 1'hese righfs may include fhe righU Co receive certain disclosures, to reqnest aud oUtain cancellatiou of Yhe Mortgagc Insurance, to have tl�e Mof°tgr�ge Insnrance Cerminated automatically, and/or to receive a refund of uny Mortgagc Insura��ce premiun�s that wcre uuearned aC the Cime of such caucellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscell2neous Proceeds are hercby assigned co azid shall be paid to Lender. If the Properly is damaged, such Miseellaneous Proceecls shall be applied to restoradon or repair of'the Property, if the resCOration or repair is ecouomically feasiblc and Lender's securiCy is not lessencd. Di�ring sucl� repair and resCOraCion peTiod, Leuder shall have Yhe right to hold such MiscellaneoGts Proceeds until Lender has had an oppoctunity to inspect such Property to ensure Ctie work has been completed to Lender's 2311d�J NEORASKA-Single Famlly�Fennle MaelFreddle Mec UNIFOqM INSTRUMENT Form 30281701 � VMP y ViNPaWC)111 W) Wolters Kluwer Finandal Services Pago 9 of 1'1