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<br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrament. If
<br />(a) Borrower fails to perform the covenants and agreemcnts contained in this Security Instrument, (b) there
<br />is a legal proceeding that might signi�cantly affect Lender's interest in the Property and/or rights under
<br />this Security Instru�ment (such as a proceeding in bankruptcy, probate, for condernnation or forfeiture, for
<br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or
<br />regulations), or (c) Borrower has abandoned the Property, then I,ender may da and pay for whatever is
<br />reasonable or appropriate to pratect Lender's interest in the Property and rights under this Secnrity
<br />Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing
<br />the Property. L,�nder's actions can include, but are not limited to: (a) paying any sums secured by a lien
<br />which has priarity over this Security Instrument; (b) appearing in court; and (c) paying reasonable
<br />attorneys' fees to protect its interest in the Property and/or rights under this Security Instrunnent, including
<br />its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to,
<br />entering the Prope�ty to make rcpairs, change locks, replace or board up doors and windows, drain water
<br />from pipes, elirninate building or other code violations or dangerous canditions, and have utilities turned
<br />on or off. Although I,ender may take action under this Section 9, Lender does nat have to do so and is not
<br />under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all
<br />actions authorized under this Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall becomc additional debt of Borrower
<br />secured by this Security Instrument. These amounts shall bear interest at tkae Note rate from the date of
<br />disbursement and shall be payable, with such interest, upon notice frorn Lender to Borrower requesting
<br />payment. .
<br />If thrs Security Instrument is on a leasehold, Borrower sha11 comply with all the provisions of the
<br />lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless
<br />Lender agrees co the merger in writing.
<br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of malcing the Loan,
<br />Barrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, far any reason,
<br />the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that
<br />previously provided such insurance and Borrower was required ta make separately designated payments
<br />toward the premiums for Mortgage Insurance, Borrower shall pay the prerniums required to obtain
<br />coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially
<br />equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate
<br />mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not
<br />available, Borrower shall continue to pay to Lender the amount of the separately designated payments that
<br />were due when the insurance caverage ceased to be in effect. L,�nder will accept, use and retain these
<br />payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be
<br />non-rcfundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be
<br />required to pay Borrower any interest ar carnings on such loss reserve. L,Qnder can no longer require loss
<br />reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires)
<br />provided by an insurer selected by Lender again becomes available, is abtained, and Lender requires
<br />separately designated payments tovvard the premiums for Mortgage Insurance. If I.ender required Martgage
<br />Insurance as a condition of making the Laan and Borrower was required to make separately designated
<br />payments toward the premiums for Mortgage Izisurance, Borrower shall pay the premiums required to
<br />maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's
<br />requirement for Mortgage Insurance ends in accardance with any written agreement between Borrower and
<br />Lender providing for such termination or until termination is required by Applicable Law. Nothing in this
<br />Sectian 10 affscts Borrower's obligation to pay interest at the rate provided in the Note.
<br />Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it
<br />may incur if Borrower does not repay the Loan as agreed. Borrawer is not a party to the Mortgage
<br />Insurance.
<br />Mortgage insurers evaluate their total risk on all such insurance in force frorn time to time, and may
<br />enter into agreements with other parties that share or rnodify their risk, or reduce losses. These agreements
<br />are on terms and conditions that are satisfactory to the rnortgage insurer and the other party (or parties) to
<br />these agreements. These agreements may require the mortgage insurer to make payments using any source
<br />of firnds that the mortgage insurer may have available (which may include funds obtained from Mortgage
<br />Insurance premiums).
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT 'A 1 1
<br />�-81NE) los� �1 Page 8 of 15 Initials: p,� l��.IV� Form 3028 7/O1
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