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200210144
<br />9. prrrt ...i III Lend" 's Interest in the Property mid Rights Under this Security Instrument. If
<br />(a) Borrower fails 10 perform me c A( r2o19 and agreements wntaiued in ill is Security Instrument, (b) there
<br />is it legal proceed'nu that mo hl signiliandv affect Lenders interest in the Property and /or rights under
<br />this Security ]nvrmnenl (such :u a proceeding in bankruptcy, probate, for condemnation or forfeiture, for
<br />enforcement of a lieu which may uuain priority over IIii,, Security Instrument or to enforce laws or
<br />regulations), or Oct Berrowcr has atmedoned the Property, Then Lender may do and pay for whatever is
<br />reasonable or apprnnriatc to prowW Lender's interest in the Property and rights under this Security
<br />Instmment, a lulling proecllne ondto" assessing the value A the Property, and securing and /or repairing
<br />the Property. Laude ,. aCtie..n <an Indudc, but are not limited to (a) paying any sums secured by a lien
<br />which has priority uvn this Seourlrr Instrument; (b) appearing in court; and (c) paying reasonable
<br />attorneys' fees to protect its i11ta'cs1 to the Property and /or rirms under this Security Instrument, including
<br />its secure(] pe'allou lu a bankruptcy proceeding. Securing the property includes, but is not limited to,
<br />entering the Propene to make repairs_ change locks, replace or board up doors and windows, drain water
<br />from pipes, e]iminuic bnlldlne or other code violations or dangerous conditions, and have utilities turned
<br />on or off, Altheuoh Louder may lake action under this Section 9, Lender does not have to do so and is not
<br />under any duty or obligation lo do se. It is agmed that Lender incurs no liability for not taking any or all
<br />actions authorized adder this Section 9.
<br />Any amounts dtsbur,cd dv I , ]der under this Section 9 shall become additional debt of Borrower
<br />secured by this .SCCnrIIv h191'll IIIC111 lhcsc amounts shall hear Interest at the Note rate from the date of
<br />disbursement and shall be payable wish such interest, upon notice from Lender to Borrower requesting
<br />payment
<br />If this Sccurite Irstrunlail 6 on it leasehold, Borrower shall congdy with all the provisions of the
<br />Icasc. If Borrow CI .....mhos :�o till, to the Property, the leasehold an(] the Ice title shall not merge unless
<br />Lender agrees ut me m,recr in 111111111_
<br />10. Morllaw, HuauI an,,. II Leader I eclat ired Monguae IusIt rance as a condItIon of making the Loan,
<br />Borrower shall par Ili, pr( nl i lr11111tqui1 ed m maintain the Mortgage Insurance in effect. If, for any reason,
<br />the Mortgage lnsn ;ulac CC) yCrlaC reyuued by 1 sander ceases 10 be available from the mortgage insurer that
<br />previously provide] >uch iusurmce and Borrower was requirevl to make separately designated payments
<br />toward the prcmuurn for Vlnrpsure InSerarc0, Borrower shall pay the premiums required to obtain
<br />coverage substantially cquiealcnl to the Mortgage Insurance previously in effect, at a cost substantially
<br />equivalent to the roes! 10 Bono(wt of the Mortgage Insurance previously in effect, from an alternate
<br />mortgage insurer s,1, "lad by Icudcr_ If substantialty equivalent Mortgage Insurance coverage is not
<br />available, Bortomat mall ¢mlunuc to pay to Lender the amount of the separately dcsignalud payments that
<br />were due when Ina insurancr axciopc ceased to he in dice[. Lender will accept, use and retain these
<br />payments as it nun vndabh loss I"C'Ic in hen 01 Mnngla'e III %nrarice. Such loss reserve shall be
<br />non- refundable, nolotlhalLminl il:c Jack Thal the Loan is dierraely paid in full, and Lender shall not be
<br />required to pay Bore)wcr unc Inl,rcw nr comings un suuli loss receive. Lender can no longer require loss
<br />reserve payments it Volt ea lur_ir :ace coverage (in the amount and for the period that Lender requires)
<br />provided by an w1ll,1 sdeaud by Louder again becomes available, is obtained. and Lender requires
<br />separately design,aIL, p ;rcunclln lo"a"d the premiums far Moitecee Insurance. If Lender required Mortgage
<br />]usmance as I coOdil.on of maktns the Loan and Borrower was required to make separately designated
<br />payments toward the prcnu'nm,s Ib1 Mortgage Insurance. Borrower shall pay the premiums required to
<br />maintain Morgauc hnvrall" in Jfcc1, or to provide a non - refundable loss reserve, until Lender's
<br />reluirconent I'or Mu.YZSrce ]nm:nnac ends in accordance with any wialco agreement between Borrower and
<br />Lender providing fur nwh mnuinmion or unll termination is required by Applicable Law. Nothing in this
<br />Section 10 allcu. Bo:- u r btu ration Ie pay imr,,,t al iho rote provided in the Note.
<br />Morfgn_c lusmm.e l' r l ur:cs Lender (or any cram Thal purchases the Notc) for certain losses it
<br />may incur if lioito,kcr does not ,pap the Loan as agrccd. Borrower is not a party to the Mortgage
<br />Insurance.
<br />Mortgage iuu :urns cvuLraW 1lmlr total risk on :,It such insurance in force from time to time, and may
<br />enter into agreet»cnl. "t1h ether ponies ilia sham or modlll Ihciu risk, or reduce losses. 'These agreements
<br />C110 on terns cud c k.monx '.ha1 a , xattalacloty to the mnruagr CrOcer and the other petty (or parties) to
<br />these agreements �h(sc agreeuouu11s nay euquim the mongagc insurer to make payments using any source
<br />offunds that the nerr -J ^c m+ltrcr mac haye available (wlliul: n.ry include funds obtained from Mortgage
<br />Insurance pra11iuuni.
<br />all mcc,. u,= a =a � = � �_ Form 3028 1/01
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