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201204254 connection with the Loan. Material representallons include, but are not limited to, representations concern�►g Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lander's Interest in the Property and Rights Undar this Security Instrument. If (a) Bonower fails to perform the covenants and agreements contained in this Security Instrument, (b) Were is a legal proceeding that might significandy affect Lender's interest 9n the Property and/or rigbts under this Secnrity Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regula8ons), or (c) Bonower has abandoned We Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instivment, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's acflons can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Inshvment; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rlghts under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous condiflons, and have utilifles turned on or off. Although Lender may take acHon under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all ac8ons authorized under Wis Section 9. Any amounts disbursed by Lender under this Secflon 9 shall become addiflonal debt of Borrower secured by this Security Instrument. These amounts shall bear 9nterest at the Note rate from the date of disbursement and shall be payable, wiW such interest, upon notice from Lender to Borrower requesting payment. If this Securlty Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee 8de to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in wrlting. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condiflon of making the Loan, Bonower shall pay the premiwns required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insnrance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall cont9nue to pay to Lender the amount of the separately designated payments that were due when We insurance coverage ceased to be in effect. Lender wlll accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Bonower any interest or eamings on snch loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the NEBRASI{A — Sivgte Famlly — Femia MadFraddie Mao UHIFORbi IN3f1tUbffidT Form 3028 LOl � GCG G3028-09 (09/Ol) (Page 9 of 19) Initials: ��`�