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2� 17� 1139
<br /> L�AN#:01 D 0'�7�88'�
<br /> Security Instrument,including p�vtecting andlor assessing the�alue vfthe Property,and securing andlo�
<br /> repairing#he Property.Lender's activns can include,bu�are nat Iimited to:�a}paying any sums secured
<br /> by a I�en�rhich has pr�ority overthis Security Instrument;�b}app�aring�n cour�;and(c}paying reasonable
<br /> attomeys'fees to pra�ect its inte�est in the Property andlor rights under this 5ecurity lns�rument,including
<br /> �ts secured position in a bankrup�cy pro�eed�ng.Securing the P�oper#y inc[udes, but is nat limited to,
<br /> entering the Proper�y to make repairsi chang�lacks, replace or b�ard up daars and wir�dows, dra�n
<br /> water from p�pes,eliminate building or vthe��ode�iolations a�dange�aus conditions,ar�d ha�e uti�ities
<br /> turned an or❑ff.Althaugh Lender may take acf�vn under this Section 9,Lender does not hav�to do so
<br /> and is na�under any duty vr obligatian ta da sv.It€s agreed that L�r�d�r incurs nv liability far not taking
<br /> any�r a�1 actions au�horized under th�s Section 9.
<br /> Any am�un�s disbursed by Lender under this Sec��on 9 sha�[becvme addi#ivnal debt of Borrower
<br /> se�ured by fhis Security Ins#rument. These amounts shal� bear interest at the Note ra�e from th�
<br /> date o�disbursement and shalC he payable,v�rith su�h int�rest,upon r�otice fram Lender tv Bvrrvvuer
<br /> request�ng payment.
<br /> lf this Security�nstrument is an a[easehaId, Barrow�r sha�l compiy with a!�the pro�isions o'�the
<br /> fease. garrawer sha��nvt su�render the leasehoid estate and in�er�sts herein con��yed vr terminate
<br /> �r cance�fhe grvund�ease.Borrower shall not,vvithaut the express written c�nser��of Lender,a[�er❑r
<br /> amend the��t�und lease. If Barrower acqu�r�s fee title tv the Prvper�y,the�easeho[d and�he fee#it�e
<br /> shall not merge un[ess Lender ag�ees�o the merge�in v�rrit�ng.
<br /> "C4. t�[ortgage Insurance.lf Lende�required Mo�gag�lnsurance as a cond�tion of mak�ng the Loan,
<br /> Borrower shall pay the premiums required to maintain fhe Mortgage�nsurance in effect.[f,ffl�any�easor�,
<br /> the Mo�gage lnsurance caverage required�y Lender ceases to be avai�able from the mor�gage insurer
<br /> tha�previous�y pravided suc� i��surar�ce and Borrower was requi�ed �v �nake separately designated
<br /> payments taward the premiums far Mortgage lnsurance, Borrvwer shall pay the premiums required
<br /> ta obtain coverage substantial�y equi�a�ent to�he M�r#gage Insu�ance previous[y in effect, at a cost
<br /> suhs�anfially equi�alent tv the cost ta Borrower af the Ma�tgage Insurance previously in effect,frvm an
<br /> aiternate mo�tgage insurer selec#ed by Lender.If substantially equ��alen#�'I�or�gage InsuranGe�a�era�e
<br /> is not a�ailable, B�rrovuer shail continue ta pay tv Lender#he amaunt of the separateiy design�ted
<br /> payments that were due when the insurance coverage ceased ta be i��effecf.Lend�r wil�accept,use
<br /> and reta�n t�iese payments as a non-re�undab�e�oss reserve ir���eu o�Mortgage�nsurance.5uch ioss
<br /> reserve shal� be nvn--refundable, notw�thstand�ng fhe fac�that fhe Laat� is ult�mately paid �n fuli, and
<br /> Lende�-shal[not be required ta pay gvrrower an}r interest ar�arnings on su�h Ivss res�rve.L�nder can
<br /> no long�r r�quire loss reser�e payments�f Marfgage�nsurance�a►rerage�in the amvunt and forthe period
<br /> #hat Lender requ�res�pro�ided by ar�insurer selected by Lender again bec�mes a�ailab�e,�s obtained,
<br /> and Lender requi�es separate�y designated�aymenfs toward the p�remiums�or Mortgag��nsurance.[f
<br /> �ender required�ivrtgage Insurance as a cond�tion of making the Laan a�td Borrow�r v�ras requ�red ifl
<br /> make separately designated payments tvv�ra�d the premiums fo�Mvr�gage�nsurance, Bo�-�ov�ter sha�!
<br /> pay the premiums required to maintain [Iliartgage Insurance in effect,flr to provide a non-refundabie
<br /> loss�ese�ve, until Lender's requirem�n�for�11���gage lnsurance ends in accardan�e�vith any wrif�en
<br /> agreement be�we�n gorrovver and Lender pro�id�ng#or such termirtativn or until terrt�ination is required
<br /> by Applicab�e Lav�r. Noth�ng�n this 5ection �fl a�fiects Borrflwer's obligativn tv pay in�erest at th�rate
<br /> p�avid�d�n th�Na�e.
<br /> Mo�gage Insu€�ance reimburses Lender�vr any en�ity that purchases the Note)�vr certain losses it may
<br /> in�ur if ga�rower dves nat repay the Laan as ag�eed.Svrrower is not a par�y ta#he Mor�gage Insurance.
<br /> Mortgage Insur�rs e�aluate their tota(risk an a!! such insurance in force from time to time, and
<br /> may enter intfl agreements with�ther pa�ies tha�share or modify their r�sk,or�educe�osses.These
<br /> ag�eem�nts are on terms and conditions that are satisfactary t❑the mor#gage �nsurer and th� ❑the�
<br /> party�o�pa�ties}to these agreem�n�s.These agreements may require the mortgage insu�er tv make
<br /> paymenfs using any svurce of�unds fhat the martgage insurer may ha�e available�w��i�h may include
<br /> #unds obtained from Mor�gage�nsuran��p�em�ums}.
<br /> As a result of�hese agreem�nts,Lender,any purchaser v�the note,an�ther insurer,any reinsurer,
<br /> any oth�r enfity, vr afflia�e of any of fh�foregvir�g, may��c�ive (direc�[y or indi�ect[y} amounts that
<br /> der��e frvm�vr m�gh�be characteri�ed as}a pvrtion ❑f Borrawer's payments for Martgage lnsurance,
<br /> in exchange for sharing or modifying#he mortgage insurer's r�sk,D�I��dLlCttlg I055�5.�f s�.�ch agreement
<br /> pr�vided that an aff[iate of Lender takes a share of the insurer's�isk in exchange f�r a shar� af the
<br /> premiums paid to ihe insurer,the arrangement is often term�d"captive reinsurance."Fu�the�:
<br /> �a� Any such agreements wi11 not affect the amounts�ha�Ba�ro�rer has agreed to pay#or
<br /> Mortgage�nsurance,arany otherterms o�the Loan.Such agre�ments wiii not inc�ease�he amount
<br /> Bor�ower wil[❑►►ve far Illlc�rtgag�lnsurance,and the}�►rv�t1 nvt en�[t1e Barrowe�to any refund.
<br /> (b3 Any such agreernents will nat affect the�ights Borro►�ve�-has-if any-vvith respec�t❑
<br /> the Mar�gag�lnsuranc�under the Homeav►rn��s P�vtectian Ac't af 79�8 vr any other 1aw.These
<br /> rights may inc�ude the righ�to recei�e cer#ain disclvsur�s,t�a request and vbtain cancellation
<br /> nf ihe Mvt-tgage fnsurance,tv ha�e the Mortgage insurance terminated autamatically,andlvr tv
<br /> recei�e a refund of any ttitivrtgage�nsurance prern"rums that were unearned at the time vf such
<br /> canc�![ation vr t�rminat�c�n.
<br /> 77. Assignmen�of Mi�cellanevus Proceeds;Fvrf�iture.AI[Il�is�ellane�us P�oceeds are hereby .
<br /> assigned to and shall he pa�d to Lender.
<br /> �f the Property is damaged,such Misce[lanevu�Proceeds shal�be appl�ed to restora�iot�o�repai�v�
<br /> �he P�ope�ty,��the�estoration❑r repair�s eGvnarnica�ly€easible and Lender'S SLCUCI�]f 15 1lUt�E55�'n2CI.
<br /> During such repai� and restoration per+od, Lender shall have the right�v hold such Miscellaneous
<br /> Fraceeds untii Lender has had an❑ppartunity�a inspecf such Prope�y to ensure�he work has been
<br /> NEBRASKA--S�ngle Famiiy--Fan�i�MaelFreddie Mac IJNIFDRM 1NSTRUMENT Fvrm 3028 1i�'I
<br /> Ellie Mae,�r�c. Page 6 of�� NEUDEED 4�i 5
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