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200702312 9. Protection of Lender's Intel'elit in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's inter~t in the Property and/or rights under this Security Instrument (such as a proceed.ing iIl bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Ilorrower 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. Lender's actionS can include, but are not limited to: (a) paying any sums sccurecl by a lien which has priority over tbis Security Instnunent; (b) appearing in court; and (c) pay~g reasonable attorneys' fees to ptatect its interest in the l1'aperty and/or rights uni1er this Security Instrument, including its secured. position In a bankruptcy proceeding. Securing the Property includes. but is not limitecl to, entering the Property to make repairs, change locks. replace or board up doors and windows, drain wmer from pipes. eliminate building or other code violations or dangerous conditions, and have utilities mmed 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 for not taking '/my 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 Inst1"1llIlent. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable. with such Interest, upon notice from Lender to Borrower requesting paYIDfF~is Security Instrument is on a leasehold, Borrower shall comply with all tbe provisions of the lease, If florrower acquires fee title to the Property, the leasehold lmd the fee title shall not merge unless Lender 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 requited to maintain the Mortgage Insurance in effe~L If, for any reason, the MOI;tgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower WlU> required to make separa.tely designated payments toward the premiums for Mortgage lnaurance, 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 cost to Borrower of the Mortgage Insurance previously in effect. from an alternate mort~age insurer selected by Lender. 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 cea.Iled to be in effect. u.'JlCler will accept, use and retain these payments as a nOll-reftmdable 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 loss relierv~. Lender can no longer require loss reserve payroonl:$ 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 was required to mal,e sep:l1'Rrely 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, U1lti1 Lender's requirement for Mortgage InsuranCe ends in accordance with any written agreement botween Borrower and Lender providing for such tennin3Iion or until tcnnination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortga~e 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 insu.rers evaluate their total risk on all SUell 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 Ute other party (or parties) to these agreements. These agreements may require Ute mortgage insurer to make payments using any source of funds that the mortsase insurer may have available (wl1ich may include funds obtained from Mortgage Insurance premiums). ,"1.;010:('(1 Sf, .. -6(NEIIOOO51 ill r~lIa a gf 1 5 Farm 3028 1/01