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201008451 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this S�curity Instrument, (b) there is a lc:gal praceeding that might significantly affect Lender's interest in the Property and/or rights under this Svcurity Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enfarcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandaned the Property, then Lender may do and pay for whatever is reasonable c>r apprapriate to proteet 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 limitcd to: (a) paying any sums secured by a li�n which has priority c�ver tliis Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to prot�ct its interest in the Property and/ar rights under this Security Instrument, including its secured position in a bankruptcy procceding. Securin�; the Prop�rty includes, but is not limited ta, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pi�aes, eliminatc: 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 abligation to do so. It is agreed that Lender incurs no liability for not taking any or all aetions autharized under this 5ection 9. Any amounts disUursed by Lender under this Sectian 9 shall become additional dc:bt of I3orrower securcd by this Security Instrument. These amaunts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Sccurity Instrument is an 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 merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition af making the Loan, Borrower shall pay the premiums required ta maintain the Mart�a�;c Tnsurance in effect. If for any reason, the Mortgage Insurance coverage required by Lender ceases to be available From the mortgage insurer that previously provided such insurance and $orrower was required to make separately designated payments tow<�rd the premiums for Mortgage Insurance, Barrower shall pay the premiums required to obtain coverag� 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 mortgage insurer selected hy Lendcr. If substantially equivalent Mortgage Insurance coverage is not available, Aorrower shall continuc: to �ay to Lcnder the amount c�f the separatcly designatcd �ayments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refimdable loss reserve in lieu of Mortgage Insurance. 5uch loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately 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 Mortgage insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtdined, and Lcndcr requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Martgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mort�;age Insurance in effect, or to provide a no.n-re:fundablc: lass rescrvc, until Lender's requiremc��t for Mortgag� Insurance ends in accordance with any written a�rcement betwcen Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nathing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. iVlortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrc�wer does not repay the Loan �.s agreed. Barrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in farce from time to time, ai�►d rnay enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mart�age insurer and the other party (or parties) to these agreemc.~nts. These agreements may require th� martgage insurer to make payments using any s�urce of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurancc premiums). �-6(NE) �oao7�.oz � � s -�/�L�� P�e 8 of 15 � � iiiio��zos Form 3028 1/01