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2�1009093 <br />9. Prat�ctian of Le�tder'� Inter�,st in the Prnpe�rty and Rights Unde� tlyis Sectrrity Instrumcsnt. Yf <br />(a) Borrower fails to perfot�m the covenants and agr�ts contained in tkus 5ecurity Instrtuuent, (b) there <br />is a legal proceeding that m'tght significantly affect I.ender's inte�rest in tl�e Property and/or rights under <br />this Se�urity Tn�t (such as a proceeding in bank�uptc�Y. Probate, for condemnation or forFeiturc, Por <br />enforcem�cnt of a lien which rnay attain priority over t�is Security Instnunent or W enforce laws or <br />regulations), or (c) Bannwer has abandoned the �roperty, then L,endcr may do and pay for whatever is <br />reasonable or appropriate to pmtect Lendc�r's intcrest in the �'roperty and rights undcr this Secwriry <br />Jnstn�ent, i�cluding prot�ctiing and/or agsessing the value of the Property, and seruring and/or rePairing <br />the �roperty. I.ea�der's actions cau incdude, bt�t ar� not limited to: (a) P�Y�B �Y � s�ure� by a licn <br />whi�ch has priority over t�13 SCCUIIt)+ inctnrrr�nt� (b) app�ri�g in court; and (c) PaYing reasonable <br />attorneys' fees to pmtect its interest in the Prap�rty and/or rights under tliis Socurity lnstrument, including <br />its sorured position in a bankruP�Y P�S- ��S the �roperiy i�ncluides, but is not limited to, <br />entering the P�operty to make repairs, c�an8e locks, rcplace or board up doo�rs and windows, drain water <br />from pipes, eliminate building or otb.er cade violations or dangemus conditions, and have utilities turc�ed <br />on or off. Althongh T�cl�r may take action unde� this Section 9, Lend�r does nrot have to do so and is not <br />under any duty or abligazion to do so. It is agi�eed that I.�der incttrs no liability for �t taking axty or all <br />actions authorixed rmder this Section 9. <br />Any amowus disbursed by L.end�r u�xier this Section 9 shall be+come additional debt of Bdrmvver <br />secured by this Sccurity lnstrnuyent. Thesc amounts shall bear interest at the Nate ratc from the date of <br />disbursexnent an�d sball be payable, �with suc� interest, upon noCice from I.endcr to Bartower requesdng <br />PaY�• . <br />If ttus Securiry Instnuaent is on a leas�hald, Borrower shall t�mply vc+ith all the pmvisions of th� <br />lease. If Barnowcr acquires fee title co th� Property. the l�ald and the fe� dtl� shall not merge unless <br />L�nder agrees to the merger in writing. <br />10. Mortgage Lisur�noe. If I,endcr required Mortgage Jnsurance as a�dition of maldng the Laan, <br />Borrower sl�all pay the premiums rec�uined to maintaia the Mortgage Iasurance 'vn effect. I�f, for any reasan, <br />the Mortgage Insurance coverage requfred by L,ender ceases to be available from the naartgage insurer that <br />previouxly provide� such insuranae and Bornnwer was r�uired w maloe seParatelY desi8nate� PaYments <br />wward the premiums far Mortgage Insurance, Borrower shall pay the preamiums required to obtain <br />coverage substantially e�uivalent to thc Mortgage Insurance pn�iously in eff�ct, at a cast substantially <br />equi�valent to the cost to Horrower of the Mortgage Insura�e previously in effcct, from an altemate <br />mortgage insurer selecCed by L�ender. If substanitially equivalent Mortgage Ins�vranc� coverage is not <br />available, Borrower shall continue to pay to T.endar the anaount of the separate,�y designated Aayments that <br />wexe due vcrhen the ins�u�ance coverage ceased to be in etfed. L.ender will accept, use and retain these <br />pay�nents as a non-cefundable loss �serve in lieu of Mortgage Insuranc�e. Suc]x loss reserve shaU be <br />non-refundable. nwtwithstanding the fact that the L�an is ultimately paid in fitll, and Y�nder sball not be <br />recl�tired W pay Borrawer any interest or eainings on st�h loss reserve. I.cnder can no langer require loss <br />areserve payrnents if Mortgage Insvr�unce coverage (in the amotmt and for thc period that Lender requires) <br />prov�ided by an insurer selected by L,ender again be�omes available, is obtained, and L,ender requ�ites <br />separately designated payments Wward the premiw�s for Mortgage Insuranoe. If Lender <br />Insuranc� as a condition of �� Mortgage <br />making thc IAan and Hormwer was required ta maloe separately designated <br />payments toward thes pr�niwqns for Mortgage lnsuranae, Boxrower s�hall pay the premiwms ra�uirrcid w <br />maiz�tain Mortgage Insurance in effect, or to provide a non-refunda�le lass rescrve, imtil Le�nder's <br />requirer�aent for Mortgage Insur�ce ends in accordance with any written ag� betweem Borrower and <br />L�ea�der providing for such termination or until ter�mination is roqtured by Applicat�lB I.aw. Nothing in this <br />Section 10 affe�ts Horrower's obligatian to pay int�st at the raCe provide�i in tbe Note. <br />Mortgage Ins�u�ce reimbur�ea I.ender (or any entity that purchar�s thc Noce) far c�rtain losses it <br />may incur if Barrow�r does not r�ray the L.oau as agrced. Borrower is not a party w the Mortgage <br />inanranrr, <br />Mortgage insurers evaluate their total risk on a11 s�h insurax�ce in force fmm tit�e to time, and may <br />encer into agree�ts with ather parties that share or madify their risk, or reducc losses. '�ese agr�a�ents <br />are oa terms and conditions that aro satisfacxory to the �rtgage insure� and thc other pari.Y (or Panies) w <br />these agr�ts. These agx�ts may requine the �ortgagc insurcr to malae paynnents using any sou�rce <br />of fu�s chat the mortgage insurer may have availablc (which may ;unclude fimds obtained fmm Mortgagc <br />Insurance premiuins). <br />NEBRASKA - Single Family - F� Mere/Fnddi� Aq� �N�FpR� �g�UMENT <br />�-BlN6) ioe» � ' P+ca 8 m t s innuua: Form 3028 1/01 <br />� <br />D <br />, <br />