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200600582 9. Protection or Lender's Interest in the Property and Rights Under this SEcurity Instrument. If (a) Borrower fails to perfonn the covenants and agreements contained In this S~cW'ity 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 proceedinS in bankruptcy I probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrumt'lnt or to enforct'l 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 interest in the Property and rights under this Security Instrument, including PrQtectlng and/or assessins the value of the Property, and securing andlor repairing the Property. 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 to protect its interest in the PJ:Qpeny and/or rights under this Security Instrument, inClUding its secured position in a bankruptcy proceedmg. Securing th" Property includes, hut is not limited to. entering the Property to make repah,'$, change locks, replace or board. up doo~ and windows, drain water from pipes, eliminate building or other code violationa or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or Obligation to do $0, It i., agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Seotion 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement lInd shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lealle. If Borrower acquires fee title to the Property, thll leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage IOSU1'8nce. If Lender required Mortgage In8urance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mongage Insurance in effect. If, for any reason, the Mortgage Insurance eoverase required. by Lender ceaSes to be available from the mongage insutllr that pl,'eviously provided such insurance and Borrower was requ!rcd to make separately designa.ted payments toward the premiums for Mortgage Insurance, BOrrower shall pay the premiums required to obtain coverage substantially equivalent to the Mongage Insurance previously in effect, at a cost substantially equivalent to the COllt to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lend$l,'. If substantially equivalent Mottgag~ Insurance coverage is not available, Borrower shall continue to pay to l.ender the amount of the separately designated payments that were due when the insurance coverage ceaaed to be in eff~t. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest Or earnings on such 10s8 reserv~, Lender 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 selected by Lender again becomes available, 1& obtained, and Lendex requires separately designated payments toward the premiums for Mortgage Insurance, If Lender required Mongage Insurance as a condition of making the Loan and Borrower was required, to make separ~ly 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 Lender 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. Mortsage Insurance reimburses Lender (or any entity that purchases the Note) 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 enter into agreements with other parties that share or modify their riSk. or reduce losses. These agreements are on tenns and conditions that are 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 of funds that the mortgage insurer may have available (which may include funds obtained tram Mortgage Insurance premiums). E990802 ~.6A[,NB) (010071 PIlIl18 Df lEi Inlllll.*r Form 3028 1/01 SS 'd Ot6~ 'ON dJOJ II.OJJSj ~ ~ll!l P~II.YlJON ~dSS:S 900~ 'Ot 'U'er