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20o9o4os4 9. Protection of Lender's Interest in the Property and I2ightc Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Tnspvment, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instnunent (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or ro enforce laws or regulations), or (c) Borrower has abandoned the Properly, then Lender may de and pay for whatever is reasonable or appropriate t0 protect Lender's interest in the Property and rights under this S~uriry Inswment, including protecting and/or assessing the value of the Property, and securing and/or repairing dte Property. Gender's actions can include, but are not limited to: (a) paying arty sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (e) paying reasonable attorneys' (ees Fo protect its inleresE itt the Property and/or rights under this Sectmty Iustrument, including its secured position in a hankntptcy proceeding. Securing the Property includes, but is trot limited tn, entering the Property ro make repairs, change larks, replace or board up doors and windows, drain water from pipes, eliminate building ar other code violations or dangerous wnditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender doGg not have to do so and is not under any duty or obligation W do sv. It is agreed that Lender incurs nv liability For oat taking any ttr av actions authorized under this Section 4. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbwsement and shall tx: payable, with such interest, upon notice from lender to Borrower requesting payment. If this Security InsWmenl is on a leasehold, Borrower shall comply with all the provisions of the lease, If Borrower acquires fee title w the Property, the leacehoW and the fee title shall not merge unless Lender agrees to the merger in writing. I0. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Lean, Borrower shalt pay the premiums required to maintain the Mortgage ]nsttrattce in effect. If, for any reason, Ilse Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required w make separately designated payments toward the premiums for Mortgage lnsttrance. Borrower shall pay the prra»iums required to obtain cOVerage substantially equivalent ro the Mortgage Insurance previously in effect, at a cost substantially equivalent tv the cast ro Borrower of the Mortgage ]nsttrance previously in effect, tram an alternate mortgage insurer selected by Lender, If substantially equivalent Marig-agc Insurance coverage is oat available, Borrower shall continue ro pay to Lender the antounl of the separately designated payments That were duo when the insurance coverage ceased to be in effect. Lender will accept, tree and retain these payments as anon-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the [.can a5 ultimately paid in full, and Lender shall not 6e required ro pay Borrower any interest or earnings an such loss reserve. Lender can nv tango rcgnirc loss reserve payments if Mortgage Insurance coverage (in the amoum and for the period that bender requires) provtded by an inswer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums far Ma~tgage Instttattce. If Gender reyuircd Morgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments roward the premiums for Mortgage Insurance, Borrower shall pay the premiums requtred tv maintain Mortgage Insurance iu effect, yr to provide anon-refundable loss reserve, until Lender's requirement fot Mortgage Insurance ands in accordance with any written agreement between Borrower and Gertdcr providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligadon t0 pay :interest at the rate provided in the Note. Mortgage insurance reimburses Lander (pr any entity that purchases the Note) for certain tosses it may incur if [3vrrower doers not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance m force from time to tittle, and may enter into agreements with other parties that share or modify their risk, or redact tosses. These agreements are on teens and conditions that are satisfactory to [rte mortgage insurer and the Other parry (or patties) [o These agreeuents. These agreements rosy require the mortgage insurer ro make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance ptemiwns). NEfaRA9KA -Single Family - F~nnls M~a/Fr,rddtq Mac UNIFORM fNBTRUM~ ~~ 6~NE) tsar tl Page 8 of 15 tnsiau nrm 3028 1101