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�0�00�479 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform che covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnatian or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enfoxce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonabl� or appropriate to protect I.ender's interest in the Property and rights under this Security Instrument, including protecting azxd/or assessing the value of the Property, and securing and/ar repairing the Property. Lender's actions can include, but are not lizniCed Co: (a) paying any sums secured by a lien which has priority over this Security Instrurnent; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/ar 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 make repaars, change locks, replace ar baard up doars 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 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 become additianal debt of Borrower secured by t�.is Security Inscrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from I.,ender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply 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 rnerger in writing. 10. Mortgage Insurance. If L,�nder required Mortgage Insurance as a condition of making the L.oan, Borrower shall pay the premiums required to rnaintain the Mortgage Insurance in effecC. If, fox any reason, the Mortgage �nsurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to rnake separately designaCed payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiurns reyuired 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, from an alternate rnortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is noc available, Borrower shall continue to pay ta I.endcr the amount of the separately designated payments that were due when the insurance coverage ccased 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 full, and Lender shall noc be required to pay Borrower any interest or �arnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the aznount ar�d for tk�e period that L,ender requires) provided by an insurer selected by Lender again becomes available, is obtained, and L,�nder requires separately designated payments taward the premiums for Mortgage Insurance. Tf Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make sepaxately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the prerniums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any writCen agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Sectian 10 affects Borrower's obligation to pay interest at the rate provided in the Nate. Mortgage Insurance reiznburses I.ender (or any entity that purchases the Nate) for certain losses it may incur if Borrower does not repay the I.oan as agreed. Bonrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to tizz�e, and rnay enter inta agreements with ather parties that shaze or mpdify their risk, ar reduce losses. These agreernents are an terms and conditions that are satisfactory Co the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the rnortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which rnay include funds obtained fronn Mortgage Insurance prerniurns). NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) 108111 Page 8 of 15 Initials: �prm 3028 �/09 /' 1 � • �} � ; � � , . t, �