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200206131 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails In perform the covenants 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 Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws 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 inerest in die Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and /or repairing the Properly. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys fees in protect its interest in the Property and /or rights under this Security Inswment, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property in make 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 fumed on or off. Although Lender may take action under this Section 9, Lender does not have in 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 Scedon 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall he 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 die fee fide shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance: as a condifion of making the Loan, 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 he available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward die premiums for Mortgage insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to die cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selcemd by Lender. It substantially equivalent Mortgage Insinuate coverage is not available, Borrower shall continue to pay to Under the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non - refundable loss reserve in lieu of Mortgage insurance. Such loss reserve shall he non- refundable, notwithstanding the tact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments it Mortgage Insurance coverage (in the amount and for die period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non - refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Iu;nder providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation In pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Burrower does not repay the Loan as agreed. Burrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from rime to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that arc satisfactory to the mortgage insurer and the other party (or parries) in these agreements. These agreements may requir e the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). UOC #:317608 AFPL #:0016113a,14 ` OAN # 0015113844 (Q- 6(NE) (1..) ✓sea eahm inw Form 3026 1/01