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2oloo�soi <br />9. Ptrat�ctiUn of Lender's Interest in the Property and Rights Under this Security Instrument. If <br />(a) Borrower fails to perform the cavsnants and agr�em�nts contained in this Security Tnstrument, (b) there <br />is a legal proceeding that might significantly aFfect Lcnd�r'S ink�rest in the Property and/or rights under <br />this S�curity Instnrment (such as a proceeding in bankruptcy, probate, for condemnation ar forfeiture, fnr <br />enforcernent of a lien which may attain priority over this Security Tnstrument or to enforce laws or <br />regulations), or (c) 13orrower has abandoned the Property, then T.ender may dc� and pay far whatever is <br />rsasanable or apprapriate to protect L.ender's interest in the Property and rights under this Security <br />Instrurnent, including protecting and/or assessing the value of the Property, and securing andlor repairing <br />the Property. Lender's actic�ns can include, but ar� naf limited to: (a) paying any sums secured by a 1i�n <br />which has priority over this Security Instrument; (b) appearing in cuurt; and (c) paying reasqn:�ble <br />attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including <br />its secured position in a bankruptcy proceeding. Securing the Praperty includes, but is nak limited to, <br />entering the Praperty to make repairs, change locks, replace or board up doors and windows, drain water <br />frpm pipes, elirninate building or other code violations or dangerous conditions, and have utilities turned <br />an ar aff. Although Lender may take action under this 5ection y, L.ender does not have to do so and is not <br />under any duty or obligatian to do sa. It is agreed that L�naer in�:.uars na liability for not taking any or all <br />actions authnrized under this Section 9. <br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower <br />securad by this Security Instrument. T'hese amounts shall bear interest at the Note rate from the date of <br />disbursement and slxall be payable, with such interest, upan notice from L,ender to Borrower requesting <br />payment. <br />Tf this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the <br />lease. Tf Borrower acquires fee title to the Property, the leasehold and the fee tikle shall not merge unless <br />L.ender agrees to the merger in writing. <br />lp. Mortgage Insurance. If T.ender required Mortgage Insurance as a condition of making the Loan, <br />Boarrower shall �ay the premiums requir�d ta maintain th� Martgagc Insurance in �ffect. If, for any r�asran, <br />Che Mortgagc Insurance coverage required by L,ender ceas�s ta be available fram the mortgage insurer tha[ <br />previously provided such insurance and Borrower was reyuired to make separately designated payments <br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain <br />cov�rage substantially equivalent ta the Martgage Insuranc� par�viausly in �ff�ct, at a cast substantially <br />eqnivalent to thc, Gost to Borrower of the Mortgags Insuranc� previnusly in effect, fram an alternate <br />mortgage insurer selected by L.ender. If substantially cyuivalcnt Marigage Insurance coverage is not <br />available, Borrower shall continue to pay to T,ender the amount of' the separately designated payments that <br />were due when the in,5urance coverage ceased to be in effect. Lender will accept, use and retain these <br />payrnents as a non-refundable loss reserve in lieu pf Martgage Insurance. Such loss reserve shall be <br />non-refundable, notwithstanding the fact that the Loan is ultimataly paid in full, and Lender shall not be <br />rcquired lo pay Borrawer any interest or earnings on such loss reserve. Lender can no longer require loss <br />reserve payments if Marlgage Insurance coverage (in the amount and for the period that T.ender requires) <br />provided by an insurer selected by T.ender again becomes available, is obtained, and Lender requir�s <br />separately designated payments toward the premiums for Mort,gage Insurance. If Lender required Mortgage <br />Insuranc� as a conditian af makin� the Loan and Borrower was required to make separately designated <br />payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums requir�d to <br />maintain Mortgage Tnsurance in effect, or to provide a non-refundable loss reserve, until I.,end�r's <br />r�quircm�nt for Mortgags Insurance ends in accordance with any written agreement between Borrower and <br />Lender providing for such terwination or until Ccrmination is required by Applicable T.aw. Nothing in this <br />Section 10 affects Barrower's obligation to pay interest at the rate provided in the Note. <br />Mortgage Insurance reimburses L,ender (ar any �ntity that purchases the Note) for certain losses it <br />may incur if Bortower daes not repay kh� Loan as agreed. Borrower is not a party to the Mortgage <br />Tnsurance. <br />Mortgage insurers evaluate their total risk on all such inisurancc in force from time to time, and may <br />enter into agreements with other parties that shaare �r modify their risk, or reduce losses. 1'hese a$reements <br />are on terms and conditions that are satisfaatory ta the mortgage insurer and the other party (or parties) to <br />these agreements. These agreements may require the mortgage insurer to make payrnents using any scaurce <br />�af funds that the mortgage insurer may have available (which may include funds obtained fram Mc�rtgage <br />Tnsurance premiums). <br />NEBRA5KA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �, <br />�-6�NE►roa7i1 Page8of76 mitiaia: � Form9p2$ 1/Q1 <br />