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2� 17� 1237
<br /> LaAN#:�1��'1 l29'17
<br /> Secur��y instr�ument,including p�atec#ing andlor assessing the�a1ue afthe Property,and securing andlor
<br /> repairing the Praperty.Lender's ac�ions can include,but are not limited fo:�a}paying any sums se�urec�
<br /> by a�ien which has pri�rity vWerthis Security�nstrument;(b}appearing in caur�;and{c}paying reasanable
<br /> attomeys'fees tv pr�tect i�s interest in the Prop�rty andlvr rights underthis 5ecurity Instrument,in�luding
<br /> its secured position in a bankruptcy prvice�ding.Securing the Prvperty inc�udes,but is no�limited�v,
<br /> entering the Praperty ta make repairs, change ioc#�s, repla�e or bflard up dvars and windvws, drain
<br /> wa#e�from pipes,eliminate building vr vther cvde vialatfans or dangerous condi#ions,and ha�e u#i�ities
<br /> turned vn or aff.Althvugh Lende�'may fake activn under this Section 9,Lender dves not have#v dv so
<br /> and is not under any duty or vbiiga#ion to do sa.It is agreed that Lender incurs na I�ability for no#taking
<br /> any ar all acti�ns autho�ized under�h�s 5ectifln 9.
<br /> Any amounts dishursed by Lender under this 5ection 9 shall became additianal deht af Bvrrvwer
<br /> secured by this Se�ur�ty �nstrument. These amvunts shail bea�interes� at the hlote rate from the
<br /> date❑f disbursement and sha�l be payable,wi#h such�nte�est,upon nvtice frvm Lender tv Borrvwer
<br /> requesting paymen#.
<br /> 1�this Secu�i#y Instrument is on a leasehvld, Bvrrower shall comply with all�he prvvisivns of the
<br /> lease. Borrower sha�i nvt su�render the leasehold estate and interests herein conveyed or termEnate
<br /> or cancef the ground lease.Borrawer shall not,withou#the express written consent v�Lender,after or
<br /> amend the ground�ease.If Barro►►ver acqu�res fee#itie tv the Prope�ty,the leasehvld and the fee title
<br /> shall not merge un�ess Lend�r ag�ees to the merger in writing.
<br /> �Q. Nlortgage[nsurance.�f Lender required Mortgage Insurance as a cond�#ion of making the Laan,
<br /> 6o�rowersha�[pay th�premiums re�u�red to maintain the Mortgage[nsurance in effect.I�,f��any reason,
<br /> the Mnrtgage Insurance co�erage required by Lender ceases to be availah�e fram the martgage insurer
<br /> that pr��iaus�y provided such insurance and Borrvwe�was required t�rnake separately designa�e�
<br /> paym�nts#award the premiums fvr Mortgage Insurance, Borrower shall�ay the premiums requfred
<br /> �o ob#ain cvWerage subs�antial�y equ��a�en#ta the Mv�tgage Insurance previously in effect, at a cvst
<br /> substantiaily equi�a�ent tv#he Gvst to Bvrrvwer of the Mo�gage lnsuranc�previous�y in effect,frvm an
<br /> alternat�mortgage insurer seiected�y Lender.�f subs#antia��y equivalent Mortgage Insurance cn�erage
<br /> is not availahle, Barrower shall con#inue t❑pay tv Lender the amaunt vf#h�separately d�signated
<br /> paym�nts tha#were due when the�nsu�ance co�erag��eased to be in�f€ect.Lendec w��I acr�:p�,use
<br /> and r�tain thes�payments as a non-refundable ioss resen►e in lieu vf lVlortgage lnsurance.5uch toss
<br /> �esenfe sha�i be non-re�unda#�le, nfltw�tfistanding the fact that the�a�n is u�imately paid in full,and
<br /> Lender shall not be requ�red tv pay 8c�rrawer any interest vr earnings on such l�ss reserve.Lender can
<br /> no�vnger requir�lass reserv�paymen�s�f Mort�age Insurance coverage tin the amvunt and fvr�he period
<br /> #hat Lende�r requ�res�provided by an insurer seiecte�by Lender again becames a�ailable,is vbtained,
<br /> and Lende�r�qu�res separat�ly d�si�nated�aym�nts#oward th�premiums for Mortgage Insurance.If
<br /> Lender r�quired Mortgage Insuranr,e as a cvndit�on❑f making th�Lvan and Bvrrower was required�a
<br /> make se�ara#ely designated payments tvward the premiums fvr M�rtgag�lnsurance, Bo�rvwer shall
<br /> pay�he�remiums requir�d#v main#a+n Mor#gage tnsurance in e#�ec#,ar#n pro�ide a non-refundable
<br /> Ivss r�senre,Until Lender's r�quirem�n#fvr Mvrtgage Insurance ends in accordance wi�h any w�i�te�n
<br /> agreemen#betwe�n gorrvwer and L�nder prQv�ding far such�erminat�on or untit term�nation�s requ�red
<br /> by Appiicable Law. No#hing in#his S�ction ��a�#ec�s Borr�wer's ohligativn tv pay in#erest at the rate
<br /> provided in the Note.
<br /> �livrtgage Insurance re�mburses L�nder�or any entity tha#purchases the Note)for ce�tain Iosses i�may
<br /> incu�if Borrvwer does n�t r�pay the Loan as agreed.Borraw�r is�o�a par#y tc�the tt�v�t�agr��nsw�anr�.
<br /> 1111vrtgag�e Insurers e�aluate the�r total risk vn a��su�h insurance in fivrce frvm�ime�o#ime, and
<br /> may enter in#a agreemen�s rnri#h a�er parti�s#hat sha�e vr madify their�isk,vr�educe Iosses.Th�se
<br /> agreem�nts are on ter-�s and canditions tt�at are satisfactary to the mor�gage insur�r and the a�h�r
<br /> �a�tj1�vr parties}to thes�agreements.These agre�ments may require#he trortgage insurer t�ma�ce
<br /> payments using any s�urce of funds that the mortgag�insurer may hav�availabl��r�rhir�may include
<br /> funds obtained�rom I41[vrtgag�Insuranr�premiums}.
<br /> As a result af these agreements,L�nder,any purchaser nf the note,another insurer,any reinsur�r,
<br /> any o#he�enti�y, vr affiliate af any of the�aregving, may receiv� �directly or indirectly} amounts that
<br /> d�rive from{vr might be characterized as}a portion fl�Bor�-awer's payments for Nlvrtgage Insuranr,�;,
<br /> in exchange far sharing or modify[ng�e mortgage insurer's risk,ar reducing�asses.If su�h agreement
<br /> pro�ided that an affiliate o�LendEr takes a share of the insurer's nsk in�xchange fvr a share a�the
<br /> p�emiums paid#v th�insure�,#he arrangement is oft�n terrned"captiv�reinsurance."Further:
<br /> �a} Any such agreements w�!! nQt affect the arnaunts that Bo�rower has a�reed to pay for
<br /> IlAartgag�lnsurance,�r any otherterms v�th�Laan.Such agreements wi�l nat�ncrease the amount
<br /> gorrawer will awe far Mvc�ga�e Insurance,and they wilt nat entitte Bv+rrvuver tv ar�y�e�€�nt�.
<br /> (b� Any such agreements wi�l nat aff�ct the rights Bo��ovr►er has-if any-with respect�n
<br /> th�M�rtgage Insuran�e under the Homeawners Prvt�ctian Ac#of'�998 or any other law.These
<br /> right5 may include the right to�'ecei�e certain disclasure�,tv request anc�obtain cancellation
<br /> of the Mortgage InsuranC�,�v ha��the Martgage Insurance termin�'�ed autvmati�lly,andlar ta
<br /> receive a refund of any Mortgage�nsurance premiums that wrere Unearned at the time vf such
<br /> �ance#lation ar termina�ion.
<br /> '11. Assignment o#IlAiscellaneaus Praceeds;Fvrfeiture.A!i Misceilaneous Proceeds are hereby
<br /> assigned tv and shall be Qa�d#o Lender.
<br /> [�the Pr�perty is damaged,such Mis�e!laneous Praceeds shall be applied to restorat�on❑r repair vfi
<br /> the Property,i�the restaration❑r repa�r is�conomicatty feasi�le and Lender's seGur�ty�s no#i�ssened.
<br /> During such repair and restorativn perivd, Lender shall have the right ta hald such �1liscellan�ous
<br /> Proceeds un�il Lender has had an�ppa�tuni�y to inspect such Prflperty#a ensure�he wark has been
<br /> NEBRASKA--Sing(e Family--Fannie ilAaelFreddie Mac UNIF�]RM 1N5TRLIMENT Form 3�28'Il01
<br /> Ellie Mae,Ir�� �age s art 1 p NEU�EED U4�5
<br /> NEUDEE�{CLS�
<br /> ❑Z19412417�2 27 PM PST
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