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200206904 9. Protection . of Lender's Interest in the Property and Bights Under this Security Instrument. If (a) Borrower fails to perfonr the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Leader a 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 Instrumeat or to enforce laws or regulations), or let 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 and rights under this Security Instrument, including protecting and /or assessing the value of the Property, and securing and /or repairing the Property. Leader's actions can include, but are not Banded to: (a) paying any arms secured by a lien which has priority over this Security Instrument; (b) appearing it wart; and (c) paying reasonable attorneys fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water firm pipes, eliminate building or other code violations or dangerous conditions. and have utilities turned on or off. Although Lender cony take truism under this Section 9, Leader does not have to do so and is not under any duty or obligation to do so It is agreed that Leader 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. These amounts shall bear interest at the Note ate from the date of disbursement and shall be payable, with such interest, upon notice from Leader to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower requires fee title to the Property, the leasehold and the fee title shall not merge unites Lender agrees to the merger in writing. 10. Mortgage Branum. If Lcndcr required Mortgage Insurance as a condition 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 tcases to be available from the mort gage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the prenums for Mortgage Insurance, Borrower shall pay the promisors required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cast to Borrower of the Mortgage Insurance previously or efTwt, from an altemem mortgage insurer selected by Leader. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender 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 nmrrefhMable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non - refundable, notwithstanding the fact that the facie is ultimately paid in full, and Under shall not be required in pay Borrower any interest or earnings on such loss restive. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Leader requires) provided by an insurer selected by Linder again becomes available, is obtained, and Lender requires separately designated pays ents toward the premiums for Mortgage Insurance. If Under required Mortgage Insurance is 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 Linder providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower s obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Under (or my entity that purchases the Nom) for certain losses it may incur if Borrower does not repay the Lom as agreed. Borrower Is not a party to the Mortgage Insurance. insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements arc on terns mad conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements t ficsu agreements may require the mortgage insurer to nmke payments using my source of funds that the mortgage insurer tray have available (which may include funds obtainW from Mortgage Insurance premiums). 02- 05- 07- 000007 1031Np 10005) ni v.eee nO FOmt3028 1101