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�0��092�� continue to pay to Lender the amount of the separately designated pa,yments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain fhese payments as a non-rcfundablc loss �scrvc in licu of Mortgagc Insurancc. Such loss rescrvc sliall bc non-rcfundablc, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in lhe amounl and for the period that Lender requires) provided by an insurer selected by Lender again becomes a��ailable, is obtained, and Lender requires separ�tely designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay tlie premiums required to maintain Mortgage Insurance in effect, or to provide a non-refuudable loss resene, until Lender's requirement for Mortgage Insurancc cnds in accordancc with any writtcn agrccmcnt bctwccn Borrowcr and Lcndcr providing for such ternunadon or until termination is required by Applicable Law�. Nothing in this Sect'ron 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Morigage Insurance reimburses Lender (or any entity that purchases the Note) lor ceriain losses it may incur if Borrower does not repay the Loan as agreed. Borro«�er is not a party to the Mortgage insurance. Mortgage insurers evaluate their total risk on all such insurance in force from dme to time, and may enter into agreements with other parties that share or modif,y their risk, or reduce losses. These agreements are on terms and conditions that are satisfacto�y to the mortgage insurer and the other party (or parties) to these agrccmcnts. Thcsc agrccmcnts may rcquirc thc mortgagc insurcr to makc paymcnts using any sourcc of funds that the mortgage insurer m�y ha�e available (which may include funds obtained from Mortgage Insurance premiums). As a result of lhese agreemenls, Lender, any purchaser of lhe Nole, anolher insurer, any reinsurer, any other entit�, or any affiliate of anv of the foregoing, may receive (directly or indirectl}�) amounts tY►at derive from (or might be cl�aracterized as) a portion of Borrower's payments for Mortgage Insurance, in e�change for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an �liate of Lender takes a share of the insurer's risk in e�change for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Funher: (a� Any such agrecmcnts will not affect the amounts that Borrowcr has agrccd to pay for Mortgagc Insuraocc, or any othcr tcrms ot thc Loan. Such s�grecmcnts will not incrcasc thc amount Borrower will owe for Mortgage lnsurance, and they �vill not entitle Borrower to any refund. (b) Any such a�reements 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, ancUor to receive a refund of an� Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignmentof MiscellaneousProceeds;Forteiture. 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 Properiy, if the restora6on or repair is econornicall,y feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds unUl Lender has had an opporlunity to inspect such Property to ensure the work has been completed to Lender's NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281101 VMP � VMPB(N� (1'105).00 Wolters Kluwer Financial Services Page 9 of 17