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20�OU7386 � -� r 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. Tf (a) Borrower fails to perform the covenants and agreements contaained in this Security Trastrument, (b) there is a legal proceeding that mi$ht significantly affect Lendear's interest in the T'roperty and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probaCe, for condemnatian or forfeiture, foar enforcernent of a lien which rnay attain priority over this S�urity Instnunent or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then L,�nder may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not lixnited 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 protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to rnake repairs, change locks, replace or boazd up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or 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 agree� that Lender incurs no liability for not taking any ar all actions authorized under this Section 9. 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 disbursement and shall be payable, wikh such interest, upon notice fram Lender to Borrower requesting payment. _ If thxs Security Instniment is on a leasehold, Borrower shall camply with all the provisions of the lease. If Borrawer acquires fee title to the Property, the leasehold and the fee title shall not rnerge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If I,ender r�quirecl Mortgage Insurance as a condition of making the Loan, Borrawer shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by I.ender ceases to be available from the mortgage insu.rer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Martgage Insurance, Borrower 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 to Borrower of the Mortgage Insurance previously in effect, frorn an alternate mortgage insurer selected by L,ender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the arnount of the separately designated payments that were due when the insurance caverage 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 Loan is ultirnately paid in fiill, and Lender shail n,ot be required ta pay Borrawer any int�rest ar eamings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance cavsrage (in the amaunt and for the period that Lender reyuires) provided by an insurer selected by I.ender again becomes available, is obtained, and Lender requires separately designat�d payments taward the premiums for Mortgage Tnsurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Horrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirernent for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until ternlinatian is required by Applicable Law. Nothing in this SeCtion 1p affects $anower's obligatian to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party co the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter inta agrcernents with other parties that share or modify their risk, or reduce losses. These agreernents are on tenms 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 any source of funds that the mortgage insurer may have available (which may include funds obtained frorn Mortgage Insurance premiums). NEBRASKA - Single Family - Fannie Mae/Freddle Mac UNIFORM INSTRUMENT �-61NE) 1o8t t 1 Pgge 8 of 16 Initials: � . �. ., Form 3028 1 /01 ' �� �