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FROM AMEAIOUEST (THU) 9. 13' 01 9,40 /'ST, 9:2810,48625777D5 F 20 200110049 9. Protection of Lender's Interest in the property and Rghts Under this Security Imtrument, if (a) Borrower fails to perform the cove=ts and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security �t�t (such as a proceeding in bankru to enforcement of a lien which may 8ttain priority over p this Security ]nstt�med Instrument or to enforce are, or regulations), or (c) Borrower has abandoned the Property, then Lender may, do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property Instrument, including protecting and/or assessing the value of th Propert and rights under this Security e y, and securing and/or repairing the Property. Lender's actions can include. but are not limited to (a) PAY�BY sums secured by a lies which as priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and /or rights under this Security llrisimment, including its secured position in a bankruptcy Proceeding. Securing the Property includes, but is not firttited to, entering the Property w ,Hake repairs, change locks, replace or board up doors and windows. drain water from pipes, eliminate building or other Code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Sect ion 9, Lender Goes 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 actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. Tbae amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, Upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fce title shall not mcTge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If lender required Mortgage Insurance as a condition of making the Low Borrower shall pay the premiums 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 Ruch insurance and Borrower was required to make separately designated payments toward the p�t� for Mortgage Insurance, Borrower shall Day the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance 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 continue to pay to Lender the amount of the acparately designated payments that were due when the insurance coverage ceased to be in effect. Leader will accept, use and retain these Payments axe It non- refundable toss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non - refundable, notwithstanding the fart that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrowea any intetest or earnings on such loss reserve. Tender can no longer require loss reserve Payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer seiceted by Lender again becomes available, is obtained, and Lender requires Insurance as a condition of offmmakkin the Premiums for Mortgage Insurance. If Leader required Mortgage Payments toward g the Loan and Borrower was required to make separately designated the pu rn tens for Mortgage insurance, .Borrower shall pay the premiums required to maintain Mortgage insurance in effect, or to provide a non - refundable loss rcxrve, until Lender's requirement for Mortgage hrsttrance ends in accordance with an written Lender providing for such termination or until lamination is y agreement between Borrower and Section 10 affaYs Borr+Dwer's obligation to required by Applicable Law. Nothing in this Mortgage insurance reimburses Lendera(or any entity Purchasseesmthe No e) for certain losses it May incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may ether into agreements with other parties that share or modify their risk, or reduce losses. These agreements are an terms and conditions that am satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source funds that the mortgage insurer may have availa In surance premium.). ble (which may include funds obtained from Mortgage In X�, 0031839798 1��8(NE) i0005l ��t�a�s :� Fngq $ 01 15 Form 3028 1/01