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<br />200801165
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<br />may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this
<br />Security Instrument, including protecting and/or assessing the value of 1he Property, and securing and/or repairing the
<br />Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over
<br />this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property
<br />and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property
<br />includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows,
<br />drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or
<br />off. Although Lender may take action under this Section 9, Lender doe.snot have to do so and is not under any duty or
<br />obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this
<br />Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
<br />Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable,
<br />with such interest, upon notice from Lender to Borrower requesting payment
<br />If this Security Instrument is on a leasehold. Borrower shall comply with all the provisions of the lease. If Borrower
<br />acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing.
<br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower
<br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurancc
<br />coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and
<br />Borrower was required to make separately dt:.Signated payments toward the premiums for Mortgage Insurance, Borrower
<br />shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at
<br />a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate
<br />mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower
<br />shall continue to pay to Lender the amount ofthe separately designated payments that were due when the insurance coverage
<br />ceased to be in effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage
<br />Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and
<br />Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require [OilS
<br />reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an
<br />insurer selected by Lender again becomes available, is obtained, and Lender requires sepamtely designated payments toward
<br />the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and
<br />Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower
<br />shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non~refundable loss reserve, until
<br />Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender
<br />providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects
<br />Borrower's obligation to pay interest at the rate provided in the Note.
<br />Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if
<br />Borrower does not repay the Loan as agreed. Borrower is not a party to tbe Mortgage Insurance.
<br />Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into
<br />agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms. and conditions
<br />that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may
<br />require the mortgage insurer to make payments using any source uf funds that the mortgage insurer may have available
<br />(which may include funds obtained from Mortgage Insurance premiums). .
<br />As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity,
<br />or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be
<br />characterized as) a portion of Borrower's payments for Mortgage Insurance, ii1 exchange for sharing or modifying the
<br />mortgage insurer's risk, or reducing losses. If such agreement provides that an. affiliate of Lender takes a share of the
<br />insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often tenned "captive
<br />reinsurance." Further:
<br />(a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage
<br />Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for
<br />Mortgage Insurance, and they will not entftleBorrowerto any refund.
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<br />Nebraska Deed ofTmrt-Single Family- Fannie MaeIFreddle Mae UNIFORM INSlRtlMENT
<br />-THE COMl'LIANCE SOUllCE, INC.- Page 7of13
<br />'W'WW.(::ompH~e..com
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<br />MERS Modified Form 3028 01101
<br />l<13(1lN]j; 01100
<br /><1'1(100, Tho Compli"""" Smnc, In..
<br />6312905
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