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200603224 9. Prntection of Lender's Interest in the Prnperty and Rights IJnder this Security Instrument. If (a) Borrower Elils to perform the covenants and agreements contained in this Security Instrument, (b) there is a Icgal procceding that might significantly atTect Lender's interest in thc Property ,lIld/or rights under this Sccurity Instrument (such as a proeecding in bankruptcy, prohate. fix condefnnation or f(lrfciture. for enforccment of a lien v.'bich may attain priority over this Security Instrument or to enf()\Te laws or regulations). or (c) Borrower has ahandoned thc Properly, then Lender may do and pay for whatcver is reasonahk or appropriate to protect Lender's interest in the Propcrty and rights under this Security Instnllnent. including protecting ,md/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include. but arc 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 reasonahle attorneys' fees to protcct its interest in the Property and/or rights under this Sccurity Instrulllent.including its secured position in a bankruptcy proceeding. Securing thcProperty includes, but is not limited to, cntering the Property to make repairs, change locks, replace or board up doors and windows, drain \\ater from pipes. eliminate building or other codc violations or dangerous l.:Onditions, and havc utilitics turned on or off A Ithough Lender may takc action under this Section 9. Lender docs not have to do so and is not under any duty or obligation to do so. 11 is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lcnder under this Section 9 shall become additional debt of Borrowcr secured by this Security Instrument. Thcsc amounts shall bcar interest at the Note rate from the date of disbursement and shall be payabk. with such interest, upon notice fi'om Lendcr to Borrower rcqucsting payment. If this Security Instrument is on a leasehold. Borrower shall comply witb all the provisions of thc kase. If Borrower acquires fee title to thc Property, the leasehold and tbe fee title shall not merge unless Lcnder agrees to the merger in writing. 10. Mortgage Insurance. If Lender 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 requircd by Lender ceases to be available fi'mn the mortgage insurer tbat previously provided such insurance and Borrower was required to make separately dcsignated payments toward the premiums for Mortgagc 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 the cost to Borrower of the Mortgage Insurance previously in effect, hom an alternate mortgage insurer selected by Lender. If substantially cquivalcnt Mortgage Insurance covcragc is not available. Borrowcr shall continue to pay to Lender the amount of thc separately dcsignated payments that were due whcn the insurance eoveragc ceased to be in effect. Lender will accept use and rctain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall he nOlHefundablc. notwithstanding thc fact that the Loan is ultimately paid in full, and Lendcr shall not be rcquired to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss rcserve payments if Mortgage Insurance coverage (in the amount and for the period that Lcnder requires) provided by an insurer selected by Lcnder again becomes available. is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. ]1' Lender required Mortgage Insurance as a condition of making the Loan and Borrower ,vas rcquired to make separately dcsignated 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 rcquircment f(lr Mortgage Insurance ends in accordance with any written agrecment hetween Borrower and I.cndcr providing for such tennination or until termination is required by Applicable I,aw. Nothing in this Section 1 () affects BO\Towcr's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lendcr '(or any entity that purchases the Note) fi)l" certain lossl.:s it fnay incur if Borrower does not repay the Loan as agreed. Borrower is not a party to thc Mortgage Insurance. Mortgagc insurers evaluatc their total risk on all such insurance in /(lrCC from tinle to time. and mav enter into ~g~cements witb othcr parties that share or nlOdi fy their risk. or reduce losses. Thcse agreements arc on tcnns and conditions that arc satisfactory to the mortgage insurer and the other party (or parties) to tbesc agreements. Thesc agreements may require the mortgage insurer to make payments using any sourcc of funds tbat thc mortgage insurcr may have available (which lllay include funds obtained from Mortgagc Insurance prellliums). lnitiab~ 5(1 0110247970 A!IJIII!!...6(NE) (0407).01 ~ P<<Je 8 of 15 Fonn 3028 1/01