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20100$11$ <br />9. Frotedion af Leader'� Intea�e�t in the Property and Rigb,i� Unclear this Securliy Xnstrument. If <br />(a) Borrower fails w perForm the covenants and agreex�nts oontaine� in ttus SecuritY Tnstrument, (b) there <br />is a legal proc�ding tUat might significantly affect Lendcr'� interest in tbe Property and/or rights under <br />this Security Instrumeut (siu.� as a P�S � b�P�'S'. Pmbate, for ca�en�tian or forfeituxe, for <br />cnforcement of a li�n which may attaim pria�ty nver chis Secudty Ins�nr�nt or to enfo�tce laws ar <br />regul�tions), or (c) Borrower b�as abandaned the P�erty, Chen L�nder may do and pay for �wbiatever is <br />reasonable ox appropriate to prote�t Lender's interest in the Pr�nperty and righ� under this Se�urity <br />�nst�t, including protecting and/or assessing the value of the Prop�rty, and securing az►d/or repairing <br />the Property. L.ender's actians can include, but are not li�mited to: (a) Paying anY sums secured by a lien <br />wluch has priority over this Security Instrum�ent; (b) appearin.g in caurt; an,d (c) PaYing reasonable <br />attorn�ys' fees to prvtect its interest in the Prop�rty andJor rights under this Sec�trity Tnstnunent, including <br />its secwred pc�sition in a bankruptcy proc:e�ing. Securing the Property includes, but is not limited to, <br />entering the Property to make repairs, c�ange locks, replacc ar board up doons and windaws, draia water <br />from pipes, eliminate building or aCher code violations or d�ngerous aanditions, and have utilities tumed <br />on or off. Although Le�der may taloe action w�der ttus Section 9, Leuder does not have to do so and is not <br />under any duty or obligation to do so. It is agread that I.�nder inCurs no liability for n�ot taking any or all <br />actions autb.orized under this Section 9. <br />Any amounts disbursed by Ler�der unde�r tlus S�ion 9 shall beoo:mc additional debt af Baxrowe�r <br />secured by this Securiry Instrument. These amounts shall hear interest at the Note rate from the date of <br />disbursemexrt and shall be payable. with suc� interest, upon notic;e from L,en.dear to Bozrawer arequestimg <br />pa �this Securiry Inswment is on a leasehold, Borrower sball comply with all the provisions of the <br />lease. If Borrovver acquires fce tit1� to the Property, thc leasehold aad the fee title shall n�t xnerge unless <br />I.ender agrees to the merger in �writing. <br />10. Mortga�e Insnrsnoe. If Lender required Mortgage Insurance as a co�iitian of m�►g the I,oan, <br />Horrovvcr s�b�a11 pay the premiums r�quire� to maintain the Mortgage Ins�u�au�oe in efFect. If, for any reason, <br />the Mortgage Insurance coveragc requured by L�ender ccases W bc available from tb�e msc►rtgage insurer that <br />previously pTOVided suCh ina«rnnrE �d Borrower was required to make sepazately designated payments <br />tawa�rd thc prernitrtns for Mortgage Insivance, Borrower shall pay the premiums required to obtain, <br />coverage substantially equivalent to the Mortgage Ir�sura�ace previausly in et�ect, at a cosC substantially <br />equivalent to the oost to Borrower of the Mortgage Insurat�e previously in effect, from an alternate <br />mortgage insurer selecte� by L�endcr. lf substantially equivalent Mortgage Insurance coverage is not <br />availablc, Barrowcr shall oontinue to pay to I.ender the amount of the separatelY desi�at� Aa3'ments that <br />were due whe,n thc insurance coverage ceaaed to be in efFect. I.ender will acc�pt, use and retain � <br />payments as a non-refun�lable loss reaerve in lieu af Mortgage Insurance. Such loss reserve shall be <br />r�n-�le, �twi�thstanding thc fact tbat the I..oan is ultimatcly paid in fu�� and Lender shall not be <br />reqnired to pay Borrower any intere�t or earnings on such loss reserve. Le�er can no longer requir� loss <br />res�rve payme�nts if Mortgage Insurance cov�e (in the amount �d for tbe period that I.ender requires) <br />provided by an insurer selected by I.�der again becomes available, is obtaine�, and I.e�der requires <br />s�arately designated payments toward the preminuns for Mortgage Insurance. If I.ender rec�uired Mortgage <br />]nsurance as a condition of mabng the Loan and Horrower was required to make s�.parately designated <br />payme�ts toward the premiums for Mortgage Insurance, �orrower shall pay the premiums required to <br />mainta�in Mortgage Insurance in effact, or W provide a non-refiuLdabl� loss r�rve, until L.c�nder's <br />�equi�r�t fnr Mnrtgage Insurance e�ds in accordance witb any written agreemcnt between Bo�nrnwe�r anxl <br />Lender providimg for such t�nminatian or until t�rnoination is required by Appli�ablc Law. Nothing in this <br />Se�tion 10 affects Borrower's obligation to pay intezest at the rate provided in the Note. <br />Mortgage Insurance reimburses Lender (or any entity that purc�a�es the Note) for oertain losses it <br />may incur if Borrower dt�es rwt repay the I.oan as agread. Hormwer is not a party to the Mortgage <br />Itasucance. <br />Martgage insurers evaluatc their wtal risk on all such insru�ance in force from time to time, and may <br />e�t�' inta agrc�tnents with other parties t�at share or madify tl�ir risk, ur reduce lossas.lhese agr�ts <br />� on terms and conditions that are satisfacWry to the moRgags irasurer a�ad the other PartY (or parties) to <br />these agreements. These agreennents may require the mortg�e insurer to make payments using any source <br />of fu�ds that the mortgage insurer rnay have available (which xnay include funds obtained from MortgagB <br />Ynsuran�ce prr�miwns). <br />NEBRA$KA - Sinple Famllv - F�� M�r/FnddM Mac UNIFORM INSTRUMFNT <br />�$fNE) 108111 �. e of 1g Ir�us�s: � Fam 94�8 7/Q7 <br />