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201002490 9. Protection of Lender's Xnterest in the Property and Rights Under this Security I:nstrurrrart. 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 irr the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for candemnatian or forfeiture, far enforcement of a lien which may attain priority over this Set~rrity Instrument or to enforce laws or reguIations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable ar appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protetxing and/or assessing the value of the Property, and securing and/ar repairing the Property. Lender's actions can include, but are not linnited to; (a) paying any sums seeur~ by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) Paying reasonable attorneys' fees to protetx its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Setxtxirrg the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, elit~ainate building or ether code vialatians Ar dangerous conditions, and have utilities turned on ar off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall becarrre additional debi of Borrower 'secured by this Security Instrtrmatt. These amounts shall bear interest at the Nate rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. I.f this Security Instrument is on a leasehold, Borrower shall t:omply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless. Lender agrees to the merger in writing. I<Q. Mortgage Insurance. If Leader required Mortgage Insurance as a condition of making the [.oar, Borrower shall pay the premiums required to maintain the Mortgage Insurance th effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insttt~tce and Harrower was required to make separately designated payments toward the preattiurns for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cast substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due wheat the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a ran-refundable loss reserve in lieu of Mortgage Insurance. Stitch loss reserve shall be nonrefundable, notwithstanding the fact that the Loan is ultimately paid im full, and Lender shall not be required-to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve paymcAts if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Larder again becarnes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance. as a condition of making the Loan arrd Borrower was requites to make separately designated payments toward the premiums for lvlortgage IIrattr'anCe, Borrower shall. pay the premiums required to maintain Mortgage Insurance in effect, ar to provide anon-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any writtat agreetnerrt between Borrower and Lender providing for such termination ar u~rtal termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided rn the Note. Mortgage Insurance reimburses I,ender (or any entity that purchases the Note) for certain tosses 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 insurance in force from time W time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreeements are on teams and eanditivns that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). tmdala:~ r~~ BGtNE) tnaob~,o+ Pros s ct ~ s Form $U2$ 1101