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201003491
<br />9. Protection of Lender's Interest In the Property and Rights Onder this Security Instrument. If (a) Borrower fails to
<br />perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might
<br />significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in
<br />bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security
<br />Instrument or to enforce laws•vr regulations), or (c) Borrower has abandoned the Property, then Gender may da and pay for
<br />whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument,
<br />including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions
<br />can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b)
<br />appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this
<br />Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not
<br />(invited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes,
<br />eliminate building or other code violations or dangerous conditions, and have utilities turned an or off. Although Lender may
<br />take action under this Sactian 9, Gender does not have tv da so and is not under any duty or obligation to do so. It is agreed
<br />that Lender incurs no liability for not taking any or all actions authorized under this Section 9.
<br />Any amounts disbursed by Lender under this Section 4 shall become additional debt of Borrower secured by this Security
<br />Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such
<br />interest, upon notice from Lender to Borrower requesting payment.
<br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the loose. If Borrower
<br />acquires fee title to the Property, the leasehold and the foe title shall not merge unless Lender agrees to the morger in writing.
<br />10. Mortgage Insurance, If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay
<br />the premiums required to maintain the Mortgago Insurance in effect. [f, for any reason, the Mortgage ]nsurance coverage
<br />required by Gender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower
<br />was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the
<br />premiums required to obtain coverage substantially equivalent to the Mortgago Insurance previously in effect, at a cost
<br />substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage
<br />insurer selected by Lender. If substantially equivalont Mortgage Insurance coverage is not available, Borrower shall continuo
<br />to pay to Lender the amount of the separately designated payments that were due when the lnsuranco coverage ceased to be
<br />in effect. Lender will accept, use and retain these payments as a non-refundable Inss reserve in lieu of Mortgage Insurance,
<br />Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall
<br />not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss resorve
<br />payments if Mortgago Insurance coverage (in the amount and for the period that Gender requires) provided by an insurer
<br />selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the
<br />premiums for Mortgage Insurance. If Lender required Mortgage lnsuranco as a condition of making the Loan and Borrower
<br />was roquirod to make separately designated payments toward the premiums far Mortgage Insurance, Borrower shall pay the
<br />premiums required to maintain Mortgage Insurance in effect, ar to provide anon-refundable loss reserve, until Lender's
<br />requirement for Mortgage lnsuranco Dods in accordance with any written agreement between Borrower and Lendor providing
<br />for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's
<br />obligation to pay interest at the rate provided in the Note.
<br />Mortgago lnsuranco reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower
<br />does not repay the Loan as agreed. Borrower is eat a party to the Mortgago Insurance.
<br />Mortgage insurers evaluate their total risk on all such insurance in farce from time to time, and may enter into agreements
<br />with other parties that sham or modify their risk, or reduce losses. Those agreements are on terms and conditions that are
<br />satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may requiro the
<br />mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may
<br />include flrnds obtained from Mortgage Insurance premiums).
<br />As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or
<br />any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as)
<br />a portion of Borrower's payments far Mortgage [nsurance, in exchange for sharing or modifying tho mortgage insurer's risk, or
<br />t~educing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share
<br />of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further:
<br />NEBRASKA -Single Family - Fannla Mae/Freddie Mac UNIFtNtM INSTRUMENT
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