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2ao904247 <br />). Protectiau nl' I,r.ndcr's Interest in the 1'rapcrty and Rights Under this Security Instrument. If <br />(a) Borrower (ails to pcrlirrnr the covcnantti and agrccrr,etrts contained in this Security Instrument, (b) there <br />is a Icgal pr•occcdiug that n,iehl sit!nil•icantly affect Larder's interest in the Property and/or rights under <br />this Searril.y I:nStrlnUe,n1. (such :as a proceeding in bankruptcy, probate, for condemnation of forfeiture, for <br />enforcement of ., lien which n,ay attain priority aver this Seattity Instrument of to enforce laws of <br />regulations), or (c) I~urrower- I,:cs ah:.uadoned the Property, then Lender may do and pay for whatever is <br />reasonable or approl,r•iatc to protect Lcudcr's interest in the Property and rights under this Security <br />Instnunent, incl,.ulia~ prutccting :rod/or assessing the value of the Property, and securing and/or repairing <br />the Property- Lender's actions can include, but arc not limited to_ (a) paying any sums secured by a lien <br />which has priority over Ibis 5c:r:nrily lnstrtiunent; (h) appearing in court; and (c) paying reasonable <br />attorneys' fees to I,rolcct its iutcrest in the Pr•opcrty and/ar rights under this Security Insttutnent, including <br />its secured posit.ian in r hcuikruptcy l,rocccding. Securing the Properly includes, but is not limited to, <br />entering the 1?roperly to nwlce repairs, change locks, replace or board rip doors and windows, drain water <br />Gam pipes, eli.nrinale builclin~ or ol.her code violations or dangerous conditions, and have utilities tamed <br />an at arr. nlthauglr I_.et,der ,,,:ry I:,l« acl.ion under this Section 9, Lender does not have to do so and is not <br />under any duty or• oblig,ation to clo so- It is agreed that Lender incurs no liability far not taking any or all <br />actions authorized under ibis Section 9- <br />Any amou.nls disbt.u•secl by Lender under this Section 9 shall become additional debt of Borrower <br />scarred by this Security Instr-tuncnt- '1'hcse aruorrnts shall bear interest at the Nate rate from the date of <br />disbursetrrenl. and shall he pay,rhlc, with such. interest, upon notice from Lender to Borrower requesting <br />payment. <br />if this Security Insfrrrirrenl is on a leasehold, Borrower shall comply with all the provisions of the <br />lease. If Borrower acq,.rires ('ee. title to Llre Property, the leasehold and the fee title shall not merge ranless <br />Condor atrces to the u,c,r;~.cr in writin~- <br />1U. Mortf!a}~e Insuraner+. ll• Lende;r required Mortgage Insurance as a condition of making the Laan, <br />Borrower shall p::ry 1hc•, I,ren,iurns required to uraintain the Mortgage Insurance in effect. If, for any reason, <br />the Mortgat~c. Insurance covcra~~.c: rcquir•cd by Lender ceases to be available from the mortgage insurer that <br />previously pruvidcd such insurance. rind Borrower was required to make separately designated payments <br />toward the prcmiun,s li,r Mc,rl,~t,~e hisurance, Borrower shall pay the premiruns required to obtain <br />coverage substantially ccluivc~lenl to the Mortgage Insurance previously in effect, at a cost substantially <br />equivalent to the cost to [iurrnwcr ot• the Mortgage Insurance previously in effect, from an alternate <br />mortgage insurer selected by Lcndcr- If substantially equivalent Mortgage Insurance covetaage is oat <br />available, Bor•rowc:r sh:.rll corilin,.,c to pay to Lender the amount of the separately designated payments that <br />were due when the insurance coverage ceased to be in effect. Lcndcr will accept, use and retain these <br />payrncnts as a non-rcliu,dal,lc loss r•cscrve in lieu of Mortgage Insurance. Such loss reserve shall be <br />non-rcfimdahle, nol.wit.hstaudiu~ the tact that the Laan is ultimately paid in full, and Lender shall not be <br />required 1o pay I3orr-vwcr: any inlea-cat or earnings on such loss reserve. Lender can. no longer require loss <br />reserve payments il' Mortgage Insurance coverage (in the amount and for the period that Lender requires) <br />provided by :.rn insurer sclcctccl by Lcndcr again becomes available, is obtained, and Lender requites <br />separately designated l,,yu,cuts toward the premiums fat Mortgage Insurance. If Lender required Mortgage <br />Insurance as a condition of making the Loan and Harrower was required to make separately designated <br />payments toward the preani,.uns for Mortgage Insurance, Borrower shall pay the premiums required to <br />maintain Mari.gage Insurance in efi~eci, or to provide anon-tefimdable lass reserve, until Lender's <br />requirement for Morleago Insurance ends in accardancewith any written agreement betweenBottower and <br />Lender providing for such termination or until. termination is required by Applicable Law. Nothing in this <br />Section 1(1 arrests I3orrawcr's obligatic.nr to pay interest at the rate provided in the Note. <br />Mortgage hsr.rrancc reimburses Lender (or any entity that pru'chascs the Note) for certain lasses it <br />may incur i l' .l3orrowcr day-s not repay Lhe Loan as agreed. Borrower is not a party to the Mortgage <br />Insurance. <br />Mortgage insurers cvalu:,Lc•- their total risk on all such insurance in farce from time to time, and may <br />enter into agreements wish c,nc~;r p,r•ties that share or modify their risk, ar reduce losses. These agreements <br />are on terms and an,clilion:; Ihal arc: salislt.,clory to the mortgage insurer and the other party (or patties) to <br />these agreements. 'I'he~~ a}~rcernc~nts may require the mortgage insurer to make payments using any source <br />of tirnds that the n,orlttatitc insr.ircr nu,y have available (which may include funds obtained from Mortgage <br />Insurance prerr,iun,sj. <br />NEBRASKA- Single Family Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />-6(NE)lus,~I P2ge8of,5 inicisig: ~` Form 3028 1101 <br />