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20�OU�385 9. Protection of Lender's Interest in the Froperty and Rights Under this Security Instrument. 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 L.ender's interest in the Property and/or rights under this Security Instrurnent (such as a proceeding in bankruptcy, probate, for condemnatian ar farfeiture, for enforcernent of a lien which may attain priority over this Security Instrument or to enforce laws or regulatians), or (c) Borrower has abandoned the Property, then Lender rnay do and pay for whatever is reasonable or appropriate to protect I.ender's interest in the Praperty and rights under this Security Instrument, including protecting and/or assessing the value of Che Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protecc its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Secuxing Che 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, eliminate building or other cade violations or 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 I.ender incurs no liability for not taking any or all actions authorized under this Section 9. Any arnounts disbursed by Lender under this Section 9 shall become additional debt af Borrawer secured by this Security Instrurnent. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon natice from I.ender to Borrower requesting payment. If this Security Instrurnent is on a leasehold, Borrower shall cornply with all the provisions of the lease. If Borrawer acquires fee title to the Property, the leasehold and the fee title shall not xnerge unless Lender agrees to the merger in writing. lQ. Mortgage Insurance, If T.ender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Iansuraz�ce in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previausly provided such insurance and Borrower was required to rnake separately designated payments toward the premiums for Mortgage Insurance, Barrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost Co Borrower of the Mortgage Insurance previously in effect, from an alternate rnortgage insurer selected bq Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to I,ender thc amaunt of the separately designated payrnents that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the I,oan is ulcimately paid in 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 payments if Martgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becames a��r��re is abtained, and Lender requires separately designated payznents toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the prerniurns for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, ar ta provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. NoChing in this Section 10 affects Banower's abligatian ta pay interest at the rate provided in the Note. Mortgage InsurarACe reiznburses I.ender (or any entity that purchases the Nate) for certain losses 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 tizne to time, and may enter into agreernents with other parties that shaze ar modify their risk, or reduce losses. These agreernents are on terms and conditions 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 an.y source of funds that the rnortgage insurer may have available (which rnay include funds obtained from Mortgage Insurance premiums). NEBRASKA - Singls Family - Fannie M�e/Preddie Mac UNIFORM INSTRUMENT �� �-BINE) loai i 1 Page 8 of 15 i�iciais: Form 3028 1/07 : � � � . � � , . �,� '^ r