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201009274 9. Protection oF Lender's �nterest in the Property and Rights Under this Secarity Instrument. If (a) Borrower fails to perforn� the covenants and agreeznents contained in this Security Instruznent, (b) there is a legal proceeding that might significantly affect Lender's inCeresC in the Property and/oar rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condernnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrurnent or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then L�nder may do and pay for whatever is reasanable or appropriate to protect I..ender's interest in the Property azid rights under this Security Instarument, including protecting and/or assessing the value of the Property, and securzng 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 Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees ta protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water frorn pipes, elirninate building or other cade violations or dangeraus conditions, and have utilities turned on or off. Although Lender may take action under this 5ection 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that L.cnder incurs no liability for not taking any or all actions autharized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall becorne additional debt of Borrower secured by this Security Instrurnent. These amounts shall bear interest at the Note rate from the date of disbursement and shall b� payable, with such interest, upon notice from L,ender to Barrower reyuesting payment. If this Security Instrument is on 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 ta the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of rnaking the Loan, Borrower shall pay the premiums required to maintain the Martgagc Insurance in effect. If, for any reason, the Mortgage Insurance coverage requiared by Lender ceases to be available froxn the mortgage insurer that previously provided such insurance and Borrower was required to rnake separately designated payments toward the premiurns for Mortgage Insurance, Borrower shall pay the premiurns required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to �orrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. L.ender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be nan-refund2;ble, notwithstanding the fact that the L.aan is ultimately paid in full, and L.ender sha11 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 obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If L.cnder required Mortgage Insurance as a conditian of making the L,oan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiunn�s required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreernents are on terms and conditions that are satisfactory ta the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer ta make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) lositl Paeea ot i5 initiai��,,,� Form 302$ 1/01 � V� `; � F �: � r � • . �'. .