MN mosfet is an advance to improve efficiency over the plain diode (although using a diode makes design and construction easier).
The simple buck converter design has a diode pointing upward in the place of Mn. It conducts to let the inductor discharge for the second portion of the cycle. (The inductor may discharge til it generates no more current (known as Discontinuous Current Mode).)
At that moment the diode then performs the role of preventing reverse flow, same as Mn is supposed to do. However the diode shuts off by itself, thus making life easier when we build a buck converter. The mosfet needs bias to control it when a new cycle begins, or else it needs to be monitored for reverse current flow so it can be shut off.