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201109428 continue to pay to Lender the ainourit of the separatiely designated payinents that were due wlien the insurance coverage ceased to Ue in ei'fect. Leuder will lccept, use�ncl retain these payments as a 7zon-reFundable loss reserve in lieu of Moitgage Insur�uce. Such loss reserve shall l�e no�z-refundal�la, notwithstanding the fact that the Loan is urtimately paid in full, and Lender shall no�be rec�Ltired to pay Borrower an5=interest or eai•nings on such loss reserve. Lender can no longer rec�ttire loss reserve payments if Mortgage Insurance coverage(in the ainount�tind for the period tiliat Lender requires)provided Uy an insurer selected by Leiider again Uecomes available, is obtained, asid Lender requires separately designated payments toward the prenuums For Mortgage Insurance. If Lender requirecl Mortgage Iilsurance�s a condition of m�ticiilg the Loan and Borrower was required to malce separately designated payments towai•d the prei�liutns for Mortgage Insuranee, Borrower shall pay tlie premitims reqLtired to inaintain Mortgaga Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requiremcnt for Mortg�tge Insurance ends in accord�nce with any written agreement between Borrower ancl Leizder providing for such tei•mination or until terniination is rec�uirecl by Applicavle Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at tlle rate provi�ied in the Note. Mortgage Insurance reiilll�urses Lender(or any entity that purcliases the Note) for certaiii losses it i�1ay incur if Borrower does not re�ay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evahtate their total rislc on all such insurance in force�i•oin tiine fo time, anc�7nay enter into agreeinents with other parties that share or modify their rislc, or reduce losses, These agreeinents are on terins as7d conditions ihat are satiafactory to the mortigage insru�er and�he other party(or parties) to these agreeinents, These agreements in�y require the inortgage insurer to inake payulents using any source of fiulcls that the inortgage instuer may have available(which inay include funds oUtained from Mortgage Iiisur�izce prenuums). As a result of these agt•eemelits, Land'er, any purchaser of the Note, another insurer, any reinsarer, any other entity, or any lffiliate of any of the foregoing, may receive(directly or inciirectly) amounts that derive from (or migl7t be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing oi•modifying the mortg�tge insurer's rislc, or reducing losses. If such agreement provides that an affililte of Lender talces a share of the iizsurer's rislc in exchange for a sli2re of the premiuins paid to the iizsurer, tlle arrangaiilent is often terined"captive reinsurance." Further: (a) Any such��reements will not affect the n�noi�nts th�t Borrower h�s agreed to pny for Mortgage IllSlll�nnce, or nuy other terms of the Loan. Such agreements will not increase the amouut Bori•ower will owe for MortgRge Insurince, $ucl they will not entitle Bori•ower to any refimd. (b) Any such ngreements will not lffect the rigiits Borrower lias-if any-witli respect to tlie Mortgn�e Lisur�uce mider the IIo►neowners Protection Act of 1998 or Rny other lnw. These rights tnay inchide tlie ri�ht to receive certniu c�isclosures, to request�nd obt�in cnncell�tion of the Mortgage Insiu��nce, to have the Mortg�ge Insirr�nce terminated automntic�lly, 1nd/or to receive �refiuid of any Mortgage Iusnrince pi•eininms tlrat were mie;trired 1t the time of stich cance111tion oi•termiiintion. 11. Assignment of M iscellaneous Proceeds; Forfeiture. All Miscell�neous Proceeds are hereUy assigned to �nd shall be paid to Leilder, If tke Property is damaged, such Mise�llaneous Proceeds sha11 be applied to restor�tion or repair of tha Property, if the restoration or repair is�conomically feasible and Lender's security is not lessened. During stich r�pair and restoratioi�period, �.ender sha11 have the right to hold such Miscellaneot�s Proceeds utztil Lender has had an opportuiuty to inspect such Property to ensure tlie worlc h�ts Ueen coinpleted to Lender's 231234 NEBRASKA-Single FamilyFannie Mae/Fretltlle Mac UNIFORM INSTRUMENT Form 3028 1/01 VM P q VM P6(NE)(1105) Wolters Kluwer Financial Services Page�J of 17