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2� 17� 1 �59
<br /> 5ecuri#y[nstrumen�,incEuding pr�tecting andlor assessing the�alue a�the Prape�y,and se�uring andlor
<br /> repairing#h�Praperty.Lender's actians can include,but are nat limited ta:�a}paying any sums secured
<br /> by a�ien which has priority vWerthis 5ecur�ty Instrument;�b}appearing in court;and�c}paying reasonable
<br /> at�omeys'fees to protect its interest in the Prope�y andlvr rights und�rthis Secu�ity lnstrument,inc�uding
<br /> its se�ured posit�on in a bac�kruptcy proceeding.Securing the Property includ�s,but is ntit[imited to,
<br /> entering the P�ope�ty tv make repairs, c�ange I�cks, r�plac�❑r bvard up dvvrs and wi��dows, drain
<br /> wate�from pipes,eliminate building vr ather�vde�ivlations or dang�rous condif€ans,and have u#iiities
<br /> turned on or af�.Although Lend�r may take activn ur�d�r this Sect�on 9,Lende�dves n�t have to do so
<br /> and�s nat under any duty v�ohl�gativn to do so.�t is agre�d that�ende��ncu�s no liability for not taking
<br /> any flr a�1 actions autharized under�h�s 5e�tion 9.
<br /> Any amounts disbursed by Lend�r under this 5e�tion 9 shall becvme additional debt of B�rrower
<br /> secured by th�s 5�curity Ins#rumen�. These amvunts sha�l b�ar interes� a�the Note ra#e �rom t�e
<br /> date af disbursement and shall be payable,�vi�h such interesti upon notice'��om Lender ta Bnrrower
<br /> requesting payment.
<br /> ��th�s Security Insfrument�s on a leaseho�d, Ba�rower shal�comp�y with all the prvvisi�ns o��he
<br /> lease. g�rrower sha11 not surrender the lea�eho�d estate and interes�s here�n cQn�eyed or terminate
<br /> or cancel the g��und lease.Bor�awe�sha11 nvt,withvut the express vvr�tten cons�nt vf Lender,after ar
<br /> amend the ground Iease.If Bvrro�er acquires fee ti�le tv the Prope�y,the leaseho�d and the�ee tit�e
<br /> shall n�t m�rge un�ess Lender agrees to the me�ger in writing.
<br /> 10. Martgage lnsurance.!�Lender required Martgage Insurance as a cvnditian vf making the Loan,
<br /> Barrower sh�ll pay the premiums required�a ma�ntain the Mortgage Insuranr�e�n effect.If,for any reasan,
<br /> the h�a�gag��nsurance coverage requir�d by L�nde�ceases to be avai��b[e#ram th�mor�gage insurer
<br /> thai pre�iously provided such insurance and Barrower was required ta make sepa�ately designated
<br /> payrnents tvurard th�premiums for 1161ortgage Insurance, Bo�rov�rer shal[ pay the p�emiums requir�d
<br /> #v abtain c�v�rage subs�antia��y equi�alent to th� Martgage Insurance pre�iousiy�n effect, at a cost
<br /> subsfant�atiy equ€valent#o t�e cas�#v 8vrrower af the tU�or�gage Insurance pre�ious[y in effect,from an
<br /> a[temate mo€�gage insurer selec�ed by Lender.��suhstantiai�y equiva[en�N9vrt�age Insurance co�erage
<br /> �s noi a�ai[able, Sv�rvwe�shail continue to pay to Lender�he amount vf the separa#e�y d�s�gnat�d
<br /> paymen#s that v�r�re due when t�e insurance�average ceased tv be in efFect.Lender w€1L a�Gept,us�
<br /> and re#ain these payments as a non-refunda�le Iflss reserve in lieu af Mortgage Insuran�e.5uch Iass
<br /> reserve sha�l be nan-refundable, nvtwithstanding#he fact that the Loan ��ultimately paid in full, and
<br /> L�nde�s�all not be required�a pay Borrawer any interesf or earn€ngs❑n such los�reserve.Lender can
<br /> nv Ivnger req�ir��vss reserve payments i�Ma�tgage�nsurance�average�in the am�un�and forthe perind
<br /> �hat Lender�equires�prvvided by an insurer se�ected by Lender again b��flmes available,is ob�a�ned,
<br /> and Lend�r r�quires separa�ely designated payrnents tnwa�d the premiums fvr Mortgage�nsurance.If
<br /> Lende�-�equire�N1or�gage Insurance as a cvndition of making t��e Loan and Borrow�r was required#o
<br /> make separately designated payments�oward the premiums�or�ar�gage Insurance, Barrawer sha11
<br /> pay#�e�remiur�s requir�d#a rnain�ain Mo�tgage lnsu�ance in e#fecf, vr�o pra�ide a non-refun�a�l�
<br /> �o�s�es�erv�,unt�i Lender's requir�m�nt far�►.�ortgage�nsuranc��nds in ac,�ardanc�wi�h any written
<br /> agreem�nt between garrower and Lende�pro�iding for su�h termination or unt�l termination is required
<br /> by�lpplicable Law. Noth€ng in#his Sec�ion ��affects Ba�rower's abligation ta pay fnte�est at the�ate
<br /> pravided in the Note.
<br /> M�rtgage Insuranr,e reirnburs�s Lend�r�or any entity that purchases the Nate}�or ce�tain losses it may
<br /> incur��B�rrower t�ves nvf repay th�Laan as agr�:ed.Bvr�ower is nv�a party t�the Mortgage lnsurance.
<br /> Mv�gage lnsurers eval�a�e their tatal r�sk on a11 such insurance in fvrce from time to time, and
<br /> may enter in#v agr�ements with ot�er parties�hat s�are or madify their risk,ar�educe Ivsses.These
<br /> agreements ar� on terms and conditians tha�are s�t�sfac�ory t�the mor�gage insure�and#he v�her
<br /> par#y�vr paKies}to these agreements.These ag�eements may requ�re�he mortgage insurer to make
<br /> �ayments�sing ar�y sourGe of�unds#hat the ma�tgage insurer may have available�which may inc�ude
<br /> funds vbtain�d frvm Mortgage insurance premiums}.
<br /> As a result of these agreemen�s,Lender,any purchaser of th�note,anather insurer,any reinsurer,
<br /> any oth�r enti�y, or aff�iate of any vf the fvrega�ng, may rer,�ive �directly or indirectly} amounts that
<br /> deri�e f�om�or might be characterized a�}a po�ion af Borrower's payments fvr Mortgag�Insurance,
<br /> in exchange fvr shar�ng ar modifying the marfgage insurer's risk,or reducing Iosses.If such agreement
<br /> prflvided that an affiiiate of L�nder takes a share o€the insurer's r�sk�n exchange fa�a share of�he
<br /> p€�emiums paid to th�insurer,fhe arrangement is of�en termed"captive re�nsurance."Further:
<br /> �a� any such agre�ments�itl not affect the amaunts that B�rrawer has ag�eed�ta pay fo�
<br /> Mvrtgage�nsurance,nranyothertermsofth�Lvan.SuGh agr�ementswill not�ncreasetheamount
<br /> Bor�ower w�il owe far Mortgage�nsurance,and they�ruilt nat entitie Barrvwer to any refund.
<br /> �b� Any such agreements wili nvt affect the rights Borrv►r�rer has-if any-wi�h re�pect to
<br /> the Nivrtga�e lnsurance unde�the Homev�ners Prvtec�ivn Act o�7998 or any vther[aw.These
<br /> rights may�nclude the ri�ht to r�cei�e�erta�n d�sclnsures,�o request and obtain can�e�lation
<br /> vf�he Mo�tgage�nsurance,tv ha�e the 11�vrtgage�nsurance t�rminated automa�ically,andlor ta
<br /> receive a refund o�any Mortgage Insurance premiums thai were unearned at the time vf such
<br /> cancellation vr terminativn.
<br /> 71. Ass�gnment v�Mis�el�anevus Prviceeds;Farfeiture.All 11111�scel[aneous Praceeds are hereby
<br /> assigned tv and shall be paid to Lender.
<br /> �f the Prope�ty is damaged,such Mis�ellanevus Proceeds shall be appiied ta restarati�n❑r repair o�
<br /> the Prope�y,if the restoratior�or repair is economically��asible and Lender's se�urity is not lessened.
<br /> During such repair and restorat�on per�vd; Lender shall have the right ta h�fd such Misce��aneous
<br /> Proee�ds until Lender has had an❑ppo�tunity to inspect suGh Prop�rty to ensure the work has been
<br /> NEBRASKA--Sing1�Fami[y--Fanrtie MaelFreddie Mac�N[�'QRM fNSTRUMENT �flRn 3�28 i1Q9
<br /> Elfi�Mae,�n�. Pa�e 6 v€�0 NEU�EEQ D4i5
<br /> NEUDEE❑[CL5}
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