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2oioos�95 9. Protectian of Lender's Interest in the Property and Ri�hts Under this Security lnstrument. If (a) Borrower fails to p�rform the covenants and agreements contained in this Security Instrument, (b) there is a le�;al praceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a procceding in bankruptcy, probate, for condemnation or forfeiture, for enforcem�nt of a lien which may attain priarity over this Security Instrument ar to enforce laws or regulations), or (c) T3orrower has abandoned the Praperty, then Lender may do and pay for whatevar is reasonable or appropriate to protect Lender's intt;rest in the Property and rights und�r this Security Instrument, including protecting anc.i/ar assessing the value of the Froperty, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this 5ecurity Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protc:et its interest in the Froperty and/or ri�hts under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing thc Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windaws, drain water from pipcs, eliminate building or other code violations ar dangerous conditions, and havc utiliti�s turned on or off. Although Lender may take action under this Section 9, Lender does nat have to do so and is not under any duty or obli�ation to da so. It is agreed that Lender incurs no liability for not taking any or all zctions authorized under this Section 9. Any amounts disbursed }ay Lender under this Section 9 shall become additional debt of Borrower secured by this 5ecurity Instrument. These amounts shall bear interest at the Note rate from the date of disbur;;ement and shall be payable, with sucli iiYterest, upon notice from Lender to Borrower requesting paymc:nt. If this Security Instrumc:nt is on a leasehold, Borrower shall camply with all the provisions of the lease. lf Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrec:s ta the merger in writing. lU. Mortgage Insurs�nce. If Lender required Mortgage Insurance as a canditian of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurancc: in effect. If, for any reason, the Mortga�;e �nsurance coverzge required by Lender cc�sses ta be available from the mortgage insurer that previously provided such insurance and Borrower was requir�d to make separately designated payments taward the premiums for Mortgage Tnsurance, Borrower shall pay the premiums required to obtain cav�rage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent ta the cost to Barrower of thc Martgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, $orrower shall continue to pay to Lender the amount of the scparately designated payments that were ciue when the insurance coverage ccased to }ae in effect, Lender will accept, use and retain thesc payments as a non-refundable loss reserve in lieu of Martgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall nat be required to pay $orrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Martgage Insurance coverage (in the amount and for the periad that Lender requires) pravided by an insurer selected by Lc:nder again becames available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgagc; Insurance. If Lender required Mortgage Insurance as a conditian af malcing the Loan and Barrower was required to make separately designated payments toward th� pr�miums for Mortgage Insurance, Borrower shall pay the premiums required to rnaintain Mortgage lnsurance in effect, or to provide a non-refundable loss reserve, until I�cnder's requirement far Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for sucl� termination or until termination is required by Applicable Law. Nothing in this Section 1 Q affects Borrower's obligation to pay interest at th� rate provided in the Note. Martgagc Insurance reimburses Lender (or any �ntity that purchases the Note) for certain losses it may incur if Borrower does not repay the �,oan as agreed. I3orrower is not a party to the Mortgage lnsurai�cc. M<�rtgage insurers evaluate their total risk on dll such insurance in force from time to time, and may enter ii7to agreements with other partics that shax� or modify their risk, or reduce losses. These agreements are on terms and canditions that are satisfactory to the mortgag� insurer and the other party (or parties) to thcsc agreements, These agreements may require the mortgag� insurer to make payments using any source of funds that thc: mortgage insurer may have available (which may include funds abtained from MorCgage Insuraaice premiums). �-B�NE) �aaa��.az � Pape 8 nf 15 // � i8: / , � (. 1111056576 Form 3028 1/01