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200601775 (). Protection of Lendel"'s Interest in the Propert~ mul Rights linder this Security instrument. II' (a) Borrower filils to pertlJrlTI the covenants and agreelllents contained in this Security Instrumen1, (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 hankruptey, probate, for condemnation or f()rfeiture, fl.)r enforcement of a lien which may attain priority over this Security Instrument or to enfl)ree laws or regulations), or (c) Borrower has abandoned the Property. then Lender may do and pay hll' 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. Lender's actions can include, but are not limited to: (a) paying any sums secun.:d 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 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 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 Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability fl)r 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 rate from the date of disbursement and shall be payable, witb such interest, upon notice ham 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 tbe Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. HI. '1ortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower sball pay the prenliums required to rnaintain the Mortgage Insurance in effect. I( for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain eoveragc 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 no! 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 non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be nOll-refundable. notwithstanding the fact that the Loan is ultimatcly paid in full, and Lender shall Ilot be required to pay Borrower any interest or earnings on such loss reserve. 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, 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 \vas required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums n:quired 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 fl)r such termination or until termination is required by Applicable Lm^,. Nothing in this Section I () atleets Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity tbat purchases the Note) for certain losses it may incur if Borrower docs 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 ii-om time 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 satisfiletory 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 (whieb may include funds obtained from Mortgage Insurance premiums). G-6(NE) (0407).01 @ P~e 8 of 1 5 InllIilIS:k:..d? 0110247550 II. ~.A. Fonn 3028 1/01