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�D15D�1 � 1 <br /> � <br /> � <br /> utili�xes turned on or off.Al�hough Lender may ta.l{e acti�n uz�der this Sectian 9,Lender daes no�ha�e to do s�a.nd�s not <br /> under any duty o� obliga�ion ta d� sa. �t is agreed�hat Lender in�urs n4 liabili� for na�taking any or aI� actions <br /> au�h�rized under th�s Sectian 9. <br /> Any amounts disburse�by Lend�r under�his Sect�an 9 shall become additianal deb�af B�rrower secured by this <br /> Securi�y Instrumen�.These amounts sha�l beax inter�s�a�the N�te rate fr�m the da�e of disbursernent and shall b� <br /> paya��e,with such inte�est,upon na�ice from Len�er�o Borrower r��uesting paymen�. <br /> If�hYs Security�nstrument is an a l�asehald,Borravver shall�omply with all the pro�iszons of�he lease.�f Bor�-ower <br /> a�quires fee ti�le��the Pr�per�y,the�easeh�id and�he f�e title shall not me�rge unle�s Lender agrees�o the merger in <br /> �iting. <br /> lD,Mvr�gage Insurance.IfLender requ�red Mor�gage�nsurance a5 a�oridi�ion�f makinb�he Loan,Bor�r�wer shall <br /> pa�r the premiums requi�red#o maintain the Mar�gage Inst�rance in eff�ct.If, for any reasan,�he Mo�tgage Insuran�e <br /> coverag�renuired by Lender ceases to be a�ai�able fron�the mar�ga�;e insurer tha�p�revi�usly pro�id�d such insurance <br /> and Borrower was required to make separa�eiy des�gnated paymen�s toward the premiums for Mortgage�nsuranc�, <br /> �3orrov�er shali pay th� pr�m�ums required to obtain c��rerage su�s�aritiaii� equivalen�to the M�r�gage Insu�rance <br /> pre�iously xn effect,at a cost substantially equ�va�ent to the�os�to Borrowe�of�he Martgage�nsurance previausly in <br /> effect,firorn an alterna�e mar�gage insurer sel�c�ed by Lender.�f su�s�an�ia��y ec�uivalent Mar�gage�nsurance coverage i� <br /> nat available,Borra�vver sha��con�inue ta pay to Lender the amaun��f the separateiy des�gnated paymen�s that were due . <br /> when the insuran�e �o�erage �eased ta be �n effect. Le�der wi11 a�cept, use and retain these paymen�s as a non- <br /> refundab�e loss reserv�in lieu of Martgage Insuarance.Such�Qss reserve shal�be nan-refundab�e,n�t�nri�hstanding the fact <br /> that the L�an�s ult�ma�ely paid�n full,a�.d Lender sha��nat be rec�uired to pay Borrower any interes�ar earnings on such <br /> Ioss reser�e.Lende�r can nv longer r�quixe�oss reser�e payments if Mor�gage�nsuran�e�Q►v�rage(in the amqun�and for <br /> the periad that L�nder requires}pr�vided�y an�nsure�se�e�t�d by Lender again be�ames a�ailabl�,is obtained,ar�d <br /> Lender requires separa�el� designated �a�m�r�ts to�rard the pr�miums for Mort�ag� �nsurance. If Lender requ�red <br /> Mor�gage Insu�ar�ce as a condi�on of making the Laan and Bvrrawer�ras required to rnake sepaxately d�s�gnated � <br /> payments t�ward the premiums f�r Mar��age Insuranc�,B arroti�er shall pay the premxurns required to ma�n�a�n Mor�gag� <br /> � <br /> nsurance�n e ect,�r��pr��ide a n�n-refundab�e Ioss reser�e,until Lender's requiremen�fo�Mor�gage�nsuxance ends <br /> in accordan�e wi�h any wri�ten agreemen� be�een Sorrawer and Lender pro�iding far such termina�ian ar unt'rI <br /> termination is�equired by Applicable Law.Nothing in this Sec�ion 1�affects Borrower's�bligation to pay in�erest a�the <br /> rate prv�ided in the Note. <br /> M�rtgage Insurance reimburses Lende�r�ar any entity that purchases the Note)for certain losses i�may incur xf <br /> Borrower does no�repay the Laan as ag�reed.Barrvwer is not a party to the Mflr�gage Znsurar�ce, <br /> M�r�gage Insurers�valua�e their�atal�isk on all su�h insurance in fnrce from�ime t�time, a,nd may en�er int� <br /> a�reements u���h other parties�hat share ar rnoc�if�th�ir risk, or reduce Iasses.These agre�ments are Qn terms and <br /> condit�ons�hat are satisfactary to the mor�gage insurer axxd the o�her party �ar parties)ta these agr�ements. These � <br /> a�reemen�s may require the mor�gage insur�r�a make paym�n�s us�ng any s�urce of funds tha��th�mortgage znsu�rer may <br /> ha�e ava�lab�e�vvhich rnay include funds abtained from M�r�gage Insurance prem�ums�, i <br /> As a r�sult tif�hese agreements,Lender,any purchaser of the nate,anather insurer,an�re�nsurer,any other en��ty,or <br /> affilia�e�f any of tihe fareg�ing,may rec�ive�dxrec�ly�r indirec��y}amaunts�ha�d�ri�e fr�m�ar might be characteriz�d <br /> as� a portion of Borrav�rer's payment�f�r Mor�gage�nsurance, in exchange f�r sharing ar madifying the mortgage <br /> insurer's�r�sk,a�redu�ing�osses.�f such agreern�n�pro�ided that an a��iate flf Lender takes a share ofth�insurer's��sk <br /> �n e�change for a shaxe of the premiu.ms paid to the in�urer,the ar�rangemen�is often�ermed"�ap�i�e reinsu.rance." <br /> Further: <br /> �a}Any such agreements wil�not aff�c��he amounts tha�Barrower has agreed to pay for Martgage Insurance, <br /> or any��her�erms af the Loan.Such agreemen�s w���not Yn�re�se�he amaunt Borro�ver w�1I�we for Mortgage <br /> Insuran�e,and they will aot entit�e Barrower to any refun�. <br /> �b�Any such agreements will x�at affect�he r�ghts Borrnwer has�-�f any-�with respec�to th�Mortgage <br /> Insurance under the Horneowners Protection Act of 1995 vr any o�her�aw.These rights may inc�ude#he right to <br /> re�eive cer�azxa disclosures,�o request and abtain cancel�a��an of�he M�rtgag��nsurance,to have#he M�rtgag� <br /> NEBRASKA-Sing[e Famiiy-Fannis NtaelFrsdd�e ifAac UN[FQRM 1N5TRUMENT Fvr 3�28 �10'� , <br /> Page 7 0��3 � <br /> � � <br /> �°5���'�� Borrawer�s}In�tia[s " � <br /> -�.:�--�-- <br /> l <br />