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201109173 continue to pay to Lender tlie amoLint of the sep�rately designated payinents that were due when the insurance coverage ceased to Ue iri�ffect. Lender will accept, tise ai�d retain thes�payments as a non-refundaUle loss reserve in lieu of Mortgage Insurauce. Such loss reserve sha11 ve non-refiuldable, notwithstanc�ing the f�ct that the Loan is riltiii7ately paid in fii11, �i7d Lend�r shall not be requirecl to pay Borrower any interest or earnings on such loss reseive. Lender can no longer rec�uire loss reserve paymeiits if Mortgage Insurailce coverage(iii the amouiit and foi•the pe�iod that Lender requires)provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires sep�rately designated payments toward the premiuiils for Mortgage Insurance, If Lender required Mortg�tge Insurance as a condition of naalcing the Loan and Borrower was rec�uir�c�to tnalf�separately designatecl payments toward the preiniums for Mortgage InsLtrance, Borrower shall�ay t11e preiniuma rec�uis•ed to maintain Mortgflge Insurance in aff'ect, or tio provide a non-refundable loss reserve, unCil Lencier's requireinent for Mortgage Insurance ends i1i accordance with any written agreement between Borrower and Lencler providing for such t�rmination�or until tierinina�ioii is required by Applicable Law. Nothing in tlus Section 10 affec�s Borrower's obligation io pay interest at the rate provided in the Note. Mort�age Insurince reiinburses Lender(or �ny entity tliat�urchases the Note) for certain losses it may inctYr if Borrower t�oes not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers ev�tl�iate their total rislc oi�a11 such insurance iri Force Eroin tiine to ti�ne, �ncl may enter into agreements with other parties that share or modiFy tlzeir rislc, or reduce losses. These agreements�t•e on tei•ms �d conditions that are satisfactory to ihe inortgage insurer aud tha otller�as•ty(or parties)Co these agreeinentis. These agi�eements inay require tlie mortgftge insurer to malce payments using aily source of fu�7ds that the inortg2ge insurer may h�ve available(wllich inay iuchtde funds oUt�ined from Mortglge Insurance premiums). As a result of these agreeinents, Lender, any purchaser of the Note, ailother insurer, 1ny reinsurer; �ny other entity, or an�+�ffiliate of any of the foregoing, may receive(duectly or inelirectly) ai�ou�lts t11at d'erive frorn (or inigllt be char�cterized as) a portion of Borrower's payments for Mortgage Tnstuance, in exchange for sh�rin�or iilodifying the mortgage insurer's rislc, or reducing losses. If such agreement provides that an affiliate of Lender talces a share of the insurer's risk in excl�ange for a share af the prei��iuins paic�to the insuser, the ar•rangement is often terined"c��tive reinsura�7ce.° Further: (a) Any s[ich�gi�eements will not lffect the a�nounts tltnt Borrower has �greed to pny for Mortgage Iusiu�nnce, or�ny other tei•ms of the Lo�n. Such ngreemeuts will not iircrease the lmoant Bm�rower will owe for 1VIoi•tg�ge Iustu��►nce, and they will not entitle Borrower to any refnnd. (b) Any such�greemeuts will not nffect the righls Borrower hns-if 1ny-with respect to the Mortgage Lisur�nce uuder tlie Floineowners Protection Act of 1998 or nny other l�w. These rights may incltide the i�ight to i�eceive cei•tlin disclosnres, to request nnd obtnin c�ncellntion of the Mortgage Insur�nce, to hnve the Mortgnge Insur;�iice terminated�utomRticnlly, �nd/or to i•eceive n t•eftuid of�ny Mortgage Insiirnnce premiiims tli;�t wei�e miearned �►t the ti�ne of siicli canc�llation or terininntion. 11. Assignment of M iscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds 1re hereUy assigned to a�lcl slZall be paid to Laiider. Ii'the Property is dailla�ed, such Miscell�iieous Proceeds shall lie applied to restoratiou or repair of the Property, if the restoration or repair is economically feasible and Lender's secLU•ity is not lessenec�. During such repair and restoration pe�•iod, Lender shall have tha riglxt to l�o1d sL�cli Miscellaneous Proceeds uiztil Lender h�s 1iac�an o�portunity to inspecti sueh Property to ensure the worlc Iias beon co�ilpletecl to Lender's 231231 NEBRASKA-Single Famlly-Fannle MaelFreddle Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP O VMP6(NE)(1105) Woltars Kluwer Flnancial Services Page 9 of 17