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<br />9. Protection of I,euder's Iute►rest in tl�e Property and Rights Under this Security Instrument If
<br />(a) J3orrowe�r faals to pez the c�venaz�ts and agxeements contained in this Security instrument, {b} there
<br />is a legal proceeding that mi�ht significantly affect Lende�r' i.niterest i�z the Properiy and/or rights under
<br />this Security Tnstrument (such as a proceeding in bankruptcy, probate, ,for condcmnation or forfeituxe, for
<br />enforcement oF a]ien which may attain priority over t�iis Security Instnunent or to enforce laws or
<br />regulations), or (c) Borrower has abaz�doned tb.e Property, then Le�der may do and pay for whatever is
<br />reasonable or apprppriate to proteet Lezzder's interest in the Froperty and rigbxs un.der this Security
<br />Instruxn.ent, including protecting and/or assessing the value of the Property, and securing and/or repairing
<br />thc Property. i.ender's actions can inciude, but are not limited ta: (a) paying any sums secuxed by � lien
<br />which has griority over this Secu.rity Insirument; (b) appearing in court; and (c) paying reasanable
<br />attorneys' fees to protect its interest in the Property an.dJvr rigbts under this Security Instrument, including
<br />iYs secured pasitian in a banlffuptcy proceading_ Securing the Property includes, but is nat limited to,
<br />entering the Prope�ty to xnake repairs, change locks, replace or board up doors and windows, drain water
<br />&om pipes, eliminate building or other code violations ar dangerous conditions, and have utilities turned
<br />on or afF. Although Lender may take action under this Section 9, Lender does not have to do so and is not
<br />under aiay duty or obligativn to do sa. It is agreed that Lender incurs na liability for not taking any or all
<br />actions authorized uzxde�r �tzis Section 9.
<br />Any amounts disbursed by T,ender under this Section 9 shaIl become additional debt of Borrower
<br />secured by this Security Instrument. Th�se a�naunts shall bear interest at the Note rate from the date af
<br />disbursemezzt aud shall be payable, with such interest, upon notice from I..ender to Borrower requesting
<br />payzxAent.
<br />Tf this Security Instrument is on a leasehald, Borrawer shall comply with all the provisians of t�ie
<br />lease. If Borrovver acquires fee title ta the Property, the leasehold and Che fee t�tle shall not merge unless
<br />Lender agrees to the merger in wiritiz�g.
<br />10, Mortgage Tnsuranc�. l� T.ender xequired Mortga�e Insurance �s a condition of maktng the Loan,
<br />Borrower shall pay the prEmiums required to maintain the Mortgage Insurance in effect. If, for any reason,
<br />the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that
<br />previously provided such insurance and Borrawer was required to make separately desig�ated payments
<br />toward the pxen:xiums for Mortgage T,u„swrazace, Boxz shall pay t�.e premiums requirad to obtain
<br />coverage substantially ec{uivalent to the Mortgage lnsurance praviausly in effect, at a cost substantially
<br />equivalent to the cust to Boz of the Mortgage Insurance previously in effect, fronl an alternate
<br />mortgage inswrer selected by Lender. If substantially equivalent Mortgage Insurance cnverage is not
<br />avaiIable, Borrower shall continue to pay to Lender the amount of the separately designated payments th�t
<br />were due when the insurance cnverage ceased to be in eff'ect. Lender will accept, use and retain these
<br />payments as a non-refundable loss reserv� in lieu a€ Mortgage Insuranco. Such loss reserve shall be
<br />non-refu�tdable, notwithstanding tb.e fact that the Loan is ultimately paid in full, and I.ender shall not be
<br />reqvired to pay Borrower any interest or earnuigs on such lass reserve. Lender can no longer require loss
<br />reserve paym�nts if Mnrtgage Insu.ranca coverage (in the amount and for the perioc� that Len.dar requires)
<br />provided by an insurer selected by Lender again becomes available, is obtained, and Lendcr rcquires
<br />separately designated payments toward tlie premiums for Mortgage Insurance. If Lender required Mortgage
<br />Tnsurance as a condition of zuaki.zzg tt�e Loan and Borrower was required to make sepaz'ately designated
<br />payments toward the pxeaniuzxas for Mortgage Insurance, Bozrower shall pay the premiums required to
<br />maintain Mortga�e Insurance in effect, or to provide a nqn-re�'undable loss reserve, until Lendez
<br />requirement for Mortgage Insurance ends in accordance with any written agreement between Rorrower and
<br />L�xi.der providing for such ter�nin�ativn� or until termination is required by Applicable Law. Nothing in this
<br />Section 10 affects Borrower's obligation tp pay interest at tbe rate provided in. the Note.
<br />Mortgage Tnsurance reimburses Lender (nr a,ny entity Lhat purchases the Note) for certain losses ii
<br />may incur if Bo�rrawer dves not repay the Loan as agreed. Borrower is not a party to the Mortgage
<br />Insurance.
<br />Mortgage insurers evaluate their total risk on all sucb znswrance in force from time to time, and may
<br />cntcr into agreezxiemts with o[her parties that share or modify their risk, or reduce losses. These agreements
<br />are on terms and comditions that are satisfactory to the mar�gage insurer and the othear party (ar parties) to
<br />these ag�reements. These a�reements may require the mortgage insurc.�r to make payments using any source
<br />of �nds that the mortgage iz�suzez zxzay have available (which may inclnde funds vbtained from Mortgage
<br />insurance prerniums).
<br />7111334509
<br />NEBRASKA - Single FamiCy -Fannie Mae/Freddie IWac UNI�ORM INSTRl1MENT WITH M RS
<br />�-BA�NEJ �oa�a) PapeB of 15 i,,;t;eig: �/ v Form 3028 4l01
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