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200804681 9. Protection of' Lender's Interest in tbe Property and.Rights Under tbis 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 interest in the Property and/or rights under this Security Instrument{such as a proceeding in bankroptcy, probate, for condemnation or forfeiture, for enforcemeilt ofa lien 'which may attain priority over'this Secudty InStrlimellt or to eI\forcelaws or .' regulations), or (c) Borrower has abandoned the Property, then Lender may do and: pay for whatever is reaSonable or appropriate toprotect Lender's interest in the Property and rights under this Security Instrument, induqingprotecting audior assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are nOllimJtedto':(a) paying aI'\y Stlp}s secured, by alien which has priority over. this Security Instrument; (b)appearifig in court; 'and.(c) paylrig re$onable attorneys' fees to protect its interest in the Property and/or rights under this$ecurity'Insttumcnt, including tts secured position ina bl:i.l1kniptcy proceeding, Securing the. Property includes. but is. not limited to, entering the Property to make. repairs, change loc;ks, replace or board up doors 'and windo~s, drain water from pipes, eliminatebuildjng or other codevio~iltions br.dariger94S condi~icins,arJ.d have 4tilities turned onoroff.i\l thPllghLender mayt*eaction under this S6;;tiou:9 ,'Under doosiiotl1avetodo SO and is not . under'@yqutyof<,ibligiition to .doso ;'lfisagreW. that Lender incurs DO .liabUityJo(nbf.taldnganyor. all acti911sauthorizedunder'thhlSectioli9: .' -'. ......... ....... ". .' .... . ." .' .... - '.' . '. .......... ". " . '. Any amounts disbursc<,l by Lender tinder this Section 9 shall becoll1ea.dditiol;lal debt of BOrrower secured by thisSecurityl1istruImmt.'These amoUlits shall bear interest at the Note rate 'fromihedaie of disbursement. and shall be payable;. with stich. interest, upon notice from Lender to . 'Borrower requesting payment. ..........'... . ..... ". . ...... ......... ...... ........ ...... ..... . . '. Jfthis Security Instrumelitisona 10<\8ehold, Borrower shall c~mplywithalltheprovisions of the lease. If Borrower acquires fee title to the Property , the leasehold. and the fee tiilcshallnot niergeunless Lenderagrees to the merger in writing.' '" . .' '., .'. .' . '. .... . . '10, Mprtgllge lusuran(:e..1f 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, 'tor any reaSon, the Mortgage Insurance coverage required by Lcnder ceases to be available from the mortgage insurer that previously provided such insurance and.Borrower was required to make sepanitely designawdpayments toward the premiums for Mortgage. Insurance, Borrow.ershall.pay the premiums required to obtain coverage substarttially equivalent to the Mortgage Insurance previously in effect ,at a cost substantially equivalent to the. cost .to Boqower of the Mortgage' Insurance' previously in effect, . from ari altetnate mortgage insurer selected by Lender. IfsUbstllIltially equivalein Mortgage' Insurance coverage is not . available, Borrower shall continue to pay to Lender the amount of the separately designated payments that . Were due wheil the insurance coverage ceased to. be in effect Lender will <Iccept; use and retain these payments 'as a non-refundable loss reserve in Heuo! Mortgage. Insurance. Such loss. re$crve. shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on suCh loss reserve. Lender can Dolonger require loss reserve payments if Mortgage Insurance coverage (in the amount and for the pedod that Lenderreqnires) provided by an iitsurerselected by Lender again becomes available, is obtained, and Lender requires separately'designated payments toward the premiums for Mongage Insurallce. If Lender required Mortgage Insurance as a condition of making the Loan and BorroWer was required to make separately designated payments toward the premiums for Mortgage Inslltance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a' non-ref'undablelo$s reserve, uutil Lender's requirement for Mortgage Insurauceends in accordance withanywritten.agreement between BorroWer and Lender providing for such termination or until termination is requircdby Applicable Law. Nothing in this SectioillOaffects Borrower's obligation to pay interest at the rate provided in the Note. . . Mortgage Insurance reimburses Lender (or any emity 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 iIisurance in force from time to tune, and may enter into agteen'lents with other parti~s that share or modify their risk, or reduce losses. These agreements arc on terms and conditions that are satisfactotyto the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage iMurer tomakf.) payments using any source of funds t1illttbli mortgage insurer may have avaiiabie (which may include fuiidsobtained from Mortgage Insurance premiums). . ~.6(NEI (()4071.02 Peg. a oi 15 J1A. JAA . 0110280606 Inlllolo: .L:::.!:- ~ \ A , ~. 1(1'''' FIlflTi3028 1/01