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<br />200903171 <br /> <br />9. Protection of Lender's Interest in the Property aud JUg1lts Undft' this Security lDstrument. If <br />(a) Borrower fails to pcrformlhc coveDlIIlts and agreomc:nlll contalncd in this Security In8trwncnt, (b) thoro <br />is a legal. proooeeding that might significamly affect Lender's ll1lerellt in tbo Properly lUIdIor rights under <br />this Security Imtrument (such as a proceeding in baoknlptcy. probate, for conde<nDalion or forl'uiluRl, for <br />eDforoement of a lien which may attain priority over Ibis Security Inslnlmellt or to enforce laws or <br />regulations), or (e) Borrower has abaDdollCd tbo Property. then Lmler may do and pay for whatever is <br />leUOlIllble or appropriate to protect Lender's interellt in tbo Properly md rights un4er this Security <br />IDlItrumcmt, includini protecting andlor assessing tbe value of the Property, and secllIlDi mdlor repaiIi.Dg <br />tho Property. Lender's actions ClUl inc1ude, but Ilte ootlbnited to: (a) payln: my lI\lDI$ IleC\IlOO by a lieu <br />which has priority over this Security Iostrvment; (b) appearing in wurt; and (e) payiog reascmab]e <br />attomeys' fees to protect its intomlt io the Property aodIor rights UDder this Security Instrument, Incloding <br />its secured positiOD in a bankruptcy proceeding. Securiog the Property inc1oocs, but Is not limited to, <br />entering the Property to IIIIIke repail'll, change locks, replace or bo8rd up donl'll and windows. drain. water <br />from pipes, eliIDiuate bullding or other code violations or lIau:;erous conditions. and have utilltilll tumed <br />on or off. Although Lemler may take action under this Section 9, Lender does not have to do so and is not <br />under any duty or obllgation to do so. It Is agreed that LDDdcr incurs no liability for oot taking any or all <br />actions authorized under this Section 9. <br />AJJY amoUIllS disbursed by Louder under this Section 9 shall become additional debt of Borrower <br />IleCIIled by this Security Instrument. These amoonts shall bear intereat at the Note xate from the date of <br />dlsbursemeD1 and shall be payable, with such lntorost, upon lKItice from Louder to Borrower requcstiog <br /> <br />paYTtbia Security InstrummI1 is on 1I1ew;ehu14, Borrower shall comply with all tho provisions of the <br />lease. If Borrower acquires fee title to tbo Property, the leasehold and the fee title shall not merge unI_ <br />Lender llplel to tho merger io writiog. <br />10. Mortgage 1DIuraDee. If Louder required Mortgage Insurance as a condition of maIdng the Loan, <br />Borrower shall pay the premiums required to maintain the Mortgage lnmuance in effect. If, for any reason, <br />the Mortpae Iosurance coverage required by Lander CIlaseS to be availllble from the mortgaae iWlluer that <br />previously provided such insurance and Borrower was required to DllWo aeparately 4esipatod paymeuts <br />towar4 the pn:mIUIIlli for Mortgage lnsumnce, Borrower shall pay the premluma lequin:4 to obtain <br />coverage subatantlally equivalent to the Mortgage Insurance previously in effect, at a cost substautially <br />equivalent to the cost to Borrower of the Mortgage Ill8l.Uance previously in effect, from au alternate <br />mortgage Insurer selected by Lender. If substantially equivalent Mortp&o lusurancc coverage is not <br />available, Borrower shall continue to pay to Lender the amount of the separately dllIiglllltcd payments that <br />were due when the insurance COVCllllge cetlsecl to be in effect. Lender will accept, use aru1 retain theso <br />paymontl; as a non-refundable 10S/l reserve in lieu of Mortgage Insurance. Such loss rClClVe shall be <br />non-refundable, notwithstauding the fact that the Loan is ultimately pai4 in full, and Lmler shall not be <br />requirecl to pay Borrower any Interest or oamIngs on such loss reserve. Lender ClUl DO 10llller require loss <br />reserve payments if Mortgage Ios\l1'llllCO coverage (in the amount and for the period that Lender requires) <br />plOvidod by an insurer selected by Lendcr again beco.lllllll avallable, is obtained, and Lender requirell <br />sepal'ately 4esiguate4 payments toward the premi1llllll fur Mortpge Insurance. If Lender required. Mortgage <br />lnsimwce as a collliition of making the Loao an4 Borrower was requJred to mab separately designatecl <br />paymcuts towar4 the promIum& for Mortgage Iosurauce, Borrower shall pay the pmniums required to <br />maintain Mortgage lnsormce in effect, or to proviclo a non-refundable loss rolICrve, until Lender's <br />requirement for Mortgage Insurance ends in accordance with IlIlY written agreement between Borrower IlIld <br />Lender providiog for such termination or uutil tennination is required by Applicable Law. Nothing in this <br />Section 10 affects Borrower's obligation to pay IntIltest at the rate provided in the Note. <br />Mortgage Insurance reimburllell Lender (or my CDJity that purchases the Note) for certain losses it <br />may incur if Borrower dOllS not repay the Loan as ap1ll4. Bonower is oot a party to the Mortgage <br />Iosuranco. <br />Mortgage insom's evaluate their total risk on all such Insurance in foroe. from time to tilDe, and may <br />enter into agreementx with other parties that share or modify their risk, or reduce losses. These agreements <br />are on tennlI and conditions that are siilisfaetory to the mortgage Insurer and tbo other party (or parties) to <br />these agreements. TbllIe agreements IIIlIY require the mortgage iDSURlr to IlIIlke payments using any source <br />of fumIs that the mortgage insurer may have available (which IIIlIY include funds obtained from Mortgage <br />Iosurance premiums). <br /> <br />8016730387 8016730387 <br />NI'BRABKA -1111111'" flmlly - ""nnl" MII/F..-ddJ. M.. UNIFORM INSTRUMENT D<'1.1 rv\O <br />~-8(NEI <<>''''1 '''' I of'S 1nIII.~, Jlll-....l.:' f.rm aou 1/01 <br /> <br />~.~~.,."""""""'...----~'~rM~'.. <br />