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20110Q135 <br />9. Protectiou of Lender'a Interest in t�e Property and Rights Under this Secnrity Instrument If <br />(a) Sorrower fails to perform the covenants and agrcements contaaned in this Se�urity Instrument, (b) there <br />is a legal proce�ing that might significantly affact I.ender's inkerest in the Property and/ar rights under <br />this Security Instrument (such as a proc�ing in banln'uptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority aver this Security Instrument or to en.force laws ar <br />regulationa), or (c) �orrower has abandoned the Property, then I,ender may do and pay for whatever is <br />reasonable or apprppriate to protect Lender's intereat in the Property and rights under this S�urity <br />Instrument, including protecting and/or assessing the value of the Property, and sec�u�ing and/or repairing <br />the Property. Lender' s acti.ons can include, but are not limite�l to: (a) paying any s�ns se�ured by a lien <br />which has prioxity over tlus Se�urity Instrument; (b) appearing in co�t; and (c) paying reasonahle <br />attorneys' fees to prpte�t its interest in the Property and/or rights under this 5ecurity Instrument, including <br />its secured paaition in a bankruptcy proceeding. Securing the Property includes, but is not limited W, <br />entering the Property to make repairs, change lacks, replace or board up doors and windows, drain water <br />from pipes, eliminate building or other cade violaticros rnr dangerous conditions, and have utilities turned <br />on or off. Althaugh Lender may take action under this Section 9, Leander does not 3zave to do sa end is not <br />under any duty ar obligation to do sa. It is agreed ttxat Lender incurs no liability for not taking any or all <br />actions authorize�i under this Sectirnn 9. <br />Any �noux�ts disb�u'sed by Lender under this Section 9 shall be�ome additional debt of Borrower <br />secured by this Se�urity Inatrument. These amraunts shall bear interest at the Nota rate from the date of <br />disbursement and shall be payable, wi�th such interest, upon notice from Lender to Borrower requesting <br />pa �I� this Security Inst�vm�at is on s leasehold, Borarower shall comply with a11 the provisipns of the <br />lease. Tf Barrower acquires fee title to the Froperty, the leasehold and the fee title shall not rnerge unle�s <br />Lender a�rees to the merger in writing. <br />10. Martgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, <br />Borcower shall pay the premiums required to maintain the Mortgage Ins�ance in effect. If, for any reason, <br />the Mortgage Inaurance caverage required by T.ender ceases to be available fram the mortgage ixis�urer that <br />previously provided such insurance and Borrawer was required to make separately designated payments <br />toward the premiuxns fpr Mortgage Insurance, Barrawer shall pay the premiums required to obtain <br />coverage substantially equivalent to the Mortgage Insurance previously in effect, at a wst suhstentially <br />equivalent to the cost to Bonrower of the Mortgage Insurance previously in effe�t, from an altemate <br />mortgage insurer sel�ted by Lender. If substantially equivalent Mortgage Insurance coverage is ncrt <br />available, Borrower shall continue to pay to Lender the amount af the separately designated payments t�hat <br />were due when the insurance coverage ceased ta ba in effect. I,ender will accept, use and reta.in these <br />payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Stixch loss reserve shall be <br />non-refundable, notwithstanding thc fact that the I.oan is ultimately paid in full, and Lender shall not be <br />required to pay Horrower any imterest or earnings on such loss reserve. Lender can no longer recXuire loss <br />reserve payments if Mortgage Insurance coverage (iz� the amount end for tha period that Lender requires) <br />provided by an insurer selectefl by I.ender again becomes available, is obtained, and Lender requires <br />aeparately designated pa�nnents toward the premiums for Mortgage Insurance. If Lendar required Morkgage <br />Insurance as a conditian vf making the Loan aud Borrower was required to make separately designatsd <br />payments taward the premiums for Mortga�e Insurance, Borrower shall pay the premiums required to <br />maintain Mortgage Ins►u'ance in effect, or to provide a non-refundable loss reserve, uxrtil Lender's <br />requirement far Mortgage Insurance ends in accaxdance with any written agreement between Borrower and <br />Lender providing for such termination or unti] terminarion is required by Applicable Law. Nothing in this <br />Seckion 10 affecta Borrower' s abligation to pay interest at the rate provided in the Nate. <br />Mortgage Insurance reimburaes Lende7' (or any entity that pwchases the Note) for certain lasses it <br />may incur if Borrower does nat r�ay the Loan as agreed. Borrower is not a party to the Mortgage <br />Insu�rance. <br />Mortgage insurcrs evaluate their wtal risk an all such insurance in force from dme to rime, and may <br />enter into agrecmenta with oth�r parties that share or xnodify their risk, or reduce losses. "I'hette agreements <br />are on terms and �nditions that are satisfactory to the mortgage insurer and the other Parh' (or parties) to <br />these agreements. These agreements may require the martgage insurer to make payments using any source <br />of funds that the mortgage insurer may have available (which may include funds obtained fram Mortgag� <br />Tnsurance premiuma). <br />2200081627 D vW►N� <br />NF.BRASKA - Single Family - Fannle MaelFreddle M8e UNIFORM INSTRUMENT WITH � <br />��BA(Nq roetol Pege 9 af 15 �nm Form 8D28 7/D1 <br />�i <br />