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<br />. _,,t.. <br /> <br />.J .. ',.. .,', . '.' <br /> <br />.'. \." <br /> <br />- '..'-..;. '.-:..' . <br /> <br />: '." <br /> <br />,;f~'::ci{"~':' ~" <br /> <br />>.' " <br /> <br />,;:, <br /> <br />" , <br /> <br />.. . -.',; - '~?, <br /> <br />~.': : <br /> <br />_'.008fO 456':: <br /> <br />I' <br /> <br />9. ProtectlOlf of Lender's Interest in the Property anil Rights Under this Security Instrument. if <br />(a):Borro~ fmsto perfonn the covenants and agreements_contained ,in this SecUrity Instrument; (b) there <br />is 'a. Iegalproceedjng that might significantly affectLendei'sinterest in the,PrOperty and/or rightS under <br />fui!; ~ty lIistri.tment (stic;:h as a proceeding in bankruptcy, probate, for condemnation or forfeitur~, for <br />eilfQrcemem of a.lien which may attaip priority' over this' Security Ins~t or . ,to, enforce law~or <br />tegrililtions);,or .(p)BOrrower has ~8tidoiled the Property, then Lender may ~o and:payfor whatever is <br />ieasOnahl~ or' appropri81e ~o prot~ LeriQer's interest. in the Property lmd rights 'Under this Security <br />Insnini1eill, mc;ll,1pingprotectii1g andIorassessing the value of the ProPertY, and.secwing and/or repairing' <br />the Pro~rty.. Lender's actions can include, bilt are not limited to: (a) paying any sums secured by,il lien <br />wmcli haS prioriij .oyer this Security InStt:Ument;(b) appe8ring in _court; ~ (c) paying reasonable <br />attorneys' ~ to protect its inteiestin the Property and/or rights under this Security Insfr!1D1ent, 'inclUding <br />its,'-~ P<isition in a-banl<ruptcy. prOceeding. &;curing the Property includes, but is not limited to; <br />.entering the Prppel,ty'tO ~'repajis, ;~ge; lQCks, replace or bollI'd uP, doors ~ windows, drain water <br />frotp. pi~, el~ate building or olb,\:lrc04e violaq,ons or dang~usconditi~ns~ and l;1av~ ,utiliti~:_~ed <br />gn.-or.off. Although Lendei may.take:'aCtioh under this section 9, Lender does~t bav,eto do so and isfu)t <br />underany duty or..obligation to do sc,~, IUs agreedtbat Lender incurs no.liability for no~ taking any or all <br />actions.. authorized 'Under this Section. 9 . '. ' ': <br />',., Any amounts disbursed :byLender under this. Section 9 shall beco~ additional debt '-of BQrrower <br />seCUred. by .tJ:!j~ $epurity Instirimimt~, theBe amountS shall ,bear interest at, the N,ote rate - from the date of <br />disbursementand"'shall be I'ayable,.wjth s1ich~, upon notice from Lender to 'Borrower requesting <br /> <br />pa~~s ~~ Instruinent. fu o~ ~ ltasehold, Borrower shall complY"~th' all th~. provisions of the <br />.1~, If Borro'W~. acquires, fee titl~ to ,thePropetty, the leasehold and the fee title shall not .merge unless <br />J...enq~' agrees.to.t11e merger in WIiMg. '.' , ,.' ". .. " <br />. . \,: 10.' Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, <br />Borrower shall pay the premiuinsx:equirecI to maintain the Mortgage Insurance in: effect. If, for any reason. <br />tl;W'Mortgage ~ance eoveragC? requir~ by Lender ceases to be avaUable from the ~rtgage insurer:that <br />pt:eviously provided such ~Ce aticl: 5,oriower was'req\!ired to make separately'designated payments <br />to\yai'd the premi!lffiS for _Mortgage' ~ance, Borrower' shall pay the premiums re.quired to ~btajn <br />coverage substantially equiv:alent lc(theMortgage Ii1surance'.pre'Viously in effect, at a cost substantially <br />equivalent to the cost to Borrower of the Mortgage insurance previously in. effect, from an alternate <br />mortgage ~ selected by Lender. If substantially equivalent Mortgage I~ coverage is not <br />ayailable, ,BorroWci,: ~l coritjnu~ tQ pay to Lender the amount of the separately deSignated pa)'IIleIUs that <br />were due, when the insurance coverage ceased to be in effect. Lender will aCCept, use and retain these <br />paYments as a non-refundable loss .reseive .in lieu of Mortgage Insuri:Ulce" Such ~oss reserve shall be <br />, DQn~refundable,li9twitbStanding the fact that the Loanis ultimately paid in full, and Lender shall not be <br />req\iirOO to pay Borrower any interest or earnings on s1ich loss reserve. Lender can no longer requfre toss <br />reserve payments if Mortgage Insurance,c;:overage (in 1:heiunount and for the period that Lender requires) <br />provided by an .insurer selected by Lender again becomes available, is obtained, and Lender requiI'C$ <br />separately designlUed payments toward the premiums for Mortgage Insurance. If ,LenCIer required Mortgage <br />InslJ!llIlce as a condition of making'- the Loan and Borrower was required to make separately designated <br />payIXleIlts toward tl1e premiums for Mortgage Insurance, Borrower shall pay the premiums required to <br />Waintain Mortgage Iilsurarice in effect, or to' provide a non-refuAdable loss reserve, until l..en(:ler's <br />requireinent for Mprtgage Insurance ~ in aa;ordimce 'with any written_agreement between BOIrowerand <br />~ provid41g for such terinination or until termination is required by Applicable Law. Nothing in this <br />Section 10 affects Borrower's' obligation to pay'interest at the rate provided in the Note. " <br />. , . Mortgage InSurance reiInburses Lender (or any enti~ that purchases me Note) :for certain losses' it <br />may_ incur if Borrower d~eS not 1'ep~:i' t)1elpan' asagreed..- Borrower is not a party to. the Mortga~e ' <br /> <br />-.Insurance.l . .-" - ' ' . ' ' .' .,'... _ - <br />" Mortgage' insUrers eval1ill~ tbeii totai risk on all such insurance in -force from time to time, and may <br />enter into agreements With other parties that share or modify their risk, or reduce losses.' These .agreements <br />~,~ ~pns anclc;onditions that are satisfact,ory to the ~rtgage insurer and the other party (or parties) to <br />these agr~ts",:These agf~tsmaY require the mortgage insurer to n:iakC pa}'IXlCnts using any soun;e <br />of ~s that the IJiortgage inSurer may have available (which may include f\u1l:J:s obtained from Mortgage <br />'~ance.pIepll~).'" ,', <br /> <br />, ~ ~ -' . " . <br />:;\St~6(NE)(0407J;o2: ' <br /> <br />I'aa_ B ~tJll <br /> <br /> <br />08-11-06-000003 <br /> <br />.,......::- <br /> <br />" ..... ' <br />.". .,; <br />.~ 7'~ ..)_ );," <br />. ...., ~ <br />. ):.:.... 'l <br /> <br />, .. .,' <br /> <br />Fonn 30281/01 <br /> <br />~R-L? <br /> <br />....1__' <br />