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201008319 <br />9. Protection of Lende�'s Interest �n the Propaty and Ralghts Umde� this Security Instrumant. It' <br />(a) Borrower fails to perfornn the covenants and agreements cantained in tlr�s 5ecurlty Instrument. (6) there <br />is a legal proceetllng that might si�cantly affect Lender's interest in the Property and/or dRhts under <br />this SecurIry Instrument (such as a proceedin� in bankruptcy, probate, for candemnatioa or for�eilure, far <br />enforcement af a lien which may attain priority over this Securlty Ynstrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Prope�y , tt�en Lender may do aad pay for whakever is <br />reasonable or approprtate tn protect Lender's interest in the Pmperty and rights under this Securlty <br />Instrument, including protectln�g and/ar assessing the value ot' the Property, and sec�uing and/ar repairing <br />the Prope�y . Lender's acHons can include, bnt are nat limited to: (a) paying any sums secured by a lien <br />which �a - s priorlty over tb.is Security InsWment� N) aPPearing in court; and (c) paYing reasonahle <br />attorneys' fees ta protect its interest ln the Property and/nrrighrs undec this 5ecurity Instrument, including <br />its secured posit�on in a bank�uptcy proceeding. Securing the Property includes, but is not limited to, <br />entering the Property to make repairs, change locks, replace or baard up doors and wlndows, drain water <br />from pipes, eliminate buil,ding or other code viola6tons or dangerous conditlons, and have utilides turned <br />on nr nff. Although Lendec may take acdon under this Secdan 9, I.ender daes not have to do so and is not <br />under any dury or obligatlon to do so. It is agreed that I,ender lncurs no lia6ility for not tak�g any or all <br />a�tions auWorized under thls Section 9. <br />Any amounts disbursed by Lender under this Secdon 9 shall become addidonal debt of Borrower <br />secvred by this Securlty Inshvment. 'These amaunts shall bear interest at the Note cate from the date of <br />disbursemen,t and shall be payable, with such interest, upon not�ce trom Lender to Borrower requestlng <br />payment. <br />Tf t}ds 5ecurlty �nstrument is on a leasehold, Borrawer shall camply wiW ell the provtsions of the <br />lease. If Borrower acquires fee tifle to We Property, the lessehold and the fee title shall not mexge unless <br />Lender agt�ees to the merger ln wridng. <br />lp. Ma�tgage Insuranae. If Lender required Mortgage Iusurance as a candition of making the Loan, <br />Borrower shall pay the premiwms required to aiaintain the Mortgage Insurance in effect. If, t'ar any reasan, <br />the Mortgage Insurance coverage required by Lender ceases to be available �rOm the mnrtgage insurer that <br />previously provided such insurance and Borrower was required ka make separately des�gnated payments <br />toward the premiums far Mortgage Insurance, Borrower s6all pay We premiums required to obtain <br />coverage substantially equivslent to the Mortgage Inswance pceviously in et�ect, at a cost subst�untially <br />equivalent to the cast to Borrower of the Martgage Insuxance previously in effect, fram an alternate <br />mortgage insurer selected by Lender. If substanHally equivalent Mortgage Insarance coverage is not <br />available, Bonrower sh�ll continue to pay to Lender We amount of the separately designated paymeuts that <br />were due when the insruance coverage ceased tu be in effect. Lender wW accept, use and retain th�+se <br />payments as a non-refirudable loss reserve in lieu of Mortgage Insurance. 5uch loss reserve sball 6e <br />non-refiuidable, natrvithstauding the fact tb,at the Loau ls alttmately paid in full, amd Lender sball nat be <br />reqW�ced to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss <br />reserve payments if Mortgage lnsurance coverage (in the awount and for We perlod Wat I.,ender requ�res) <br />provided by an insurer selected by Lender again beeomes available, is obtained, and Lender requires <br />separately desig�ated pa�+ments toward t6e premiums for Mort�age Insuraace. If Lender required Mortgage <br />Insurance as a condition of uaaking the Loan and Bonrower was reqa�red to make separately designated <br />payments toward the premiwuas for Mortgage Insurance, Borrowec sl�ll pay the premiums required to <br />miaintain Martg,age Insurance in et'�ect, or to pmvide a nan-refundeble loss rescrve, undl I.ender�s <br />cequirement for MocKgage Insurance ends in accordance wiW any wrltten agrcement between Borrower and <br />Lender provldl�ag for such teim9nadon or uatil teaminaHon is requlred by Applicable I.aw. Nuthing in tb3s <br />Sectinn 10 �ffeds Borrnwer's obligation to pay interest at the rate pro�vlded in the Note. <br />Mort$age Insurance reimburses Lender (or any endty that purchases We Note) for certain l�ses it <br />may fncur if Borrower does not repay the Loan as agreed. Borrower is not a party ta the Martgage <br />Insurance. <br />Mortgage insurers evaluate their tatal risk on all such lnsurance in force from tlme to tLne, and may <br />enter into agreements with other parties that share or m�dify their rtsk, or reducc lasses. 'I`hcse agreemenls <br />are on terms and condfclans Wat are satisfactory to the mortgage insurer and the ather parly (or parties) to <br />these a�em �nt�. These agreements may require the mor�age insurer to makepayments using aay source <br />of funds tl�at the mortgage insurer may have avaIlahle (wfiich iaay include funds abtained fram Mortgage <br />Insurauce premiums). <br />70852227 q084135888 <br />NEBRASKA - Single Famqy - F�nnis M�e/F7rddla Mrc UNIFOFiM INSTF4JM9dT <br />��/►tNFa roe r.y. a or,s ura.�.: r-orm soze 1�01 <br />