201102373 - Laserfiche WebLink

Browse

`� 20110237� 9. Protection of Lender's InterESt in the Properly and Righfs Under (a) Borrower fails w perform the oave�tants ana agreements contain�i in this ; is a legal proceeding that naight signi�cantly affect Lender's interest in We ; this Security Iastrument (such as a proceeding in bankcuptcy, probate, for co� enforcezuent of a lien which may attain prioriry ovet this Security Instrw regulatians}, or (c) Borrower has abandaned the Propertq, then i,ender may reasonable or appxopriate to protect Lenrter's interest in the Property anc Inshvment, including protecting and/or assessing the value of the Property, a tiie Property. Lender's �tions can include, but are not limited to: (a) paying which has priority over this Security Instrunaent; (b) appearing in oourt; attarneys' fees to pcotect its interest in the Property andlor rights under this S� its secured position in a bankruptcy proceeding. Securing the Property inc] entering the Property to make repairs, change locfcs, replace or board up doo from pipes, eliminate building or other oode violations or dangerous conditic on or off. Although Lender may take adion under this Section 9, Lender does under any duty or obligation to do sa. It is agreed that Lender incurs no liabi actions authorized under this Secxian 9. Any amounts disbursed by Lender under this Section 9 shall become secured by this Security Instn�men� '�'hese amounts shall bear interest at thE disbursement and shall be payabie, with such interest, upon natice from Le� PaYment. If tiiis Security Instrw�nent is an a leasehold, Borcower shatl comply w lease. If Borrower acquires f� tide to the Property, the leasehold and the feE Lender agrees to the merger in writing. 10. Mortgage Insarance. If Lender reqwired Mortgage Insurance as a ce Borrower shali pay the premiunas required to maintain the Mortgage insurancs the Mortgage Insurance coverage required by I,ender ceases to be available fra previously provided such insurance and Barrower was required to make sep toward the premiums for Mortgage Insurance, Borrower shall pay the p� caverage substantialty equivaient to the Mortgage Insurance previously in e. equivalent ta the cost to Borrower of the Mortgage �nsur;ance previously : mortgage insurer selecxed by Lender. �f substantially eqirivalent Mortgage available, Borr�wer shall continue to pay to Lender the amount of the sepuat+ were due when the insuranve ooverage cxased to be in effect. Lender wi�l payments as a non-refimdable loss reserve in lieu af Mortgage In�cuance. non-refundable, notwithstanding the fact that the Loan is ultunately paid in f required to pay Borrower any interest or earnings on such loss reserve. LendE reserve payments if Mortgage Insurance coverage (in the aniount and far the provided by an insurer selected by Lender again becomes available, is ob1 sepazately designated payments taward the premiums for Mortgage Insurance. : Insurance as a vondition of making the Loan and Horrower was reyuired to payments toward tt�e premiums for Mortgage Insurance, Borrower shall pa� maintain Mortgage Insutan�e in effect, or to pravide $ non-refundable L requirement for 1Vlortgage Insurance ends in acaordance with any written agree Lender providing for such termination or until termination is required by App Section 10 affects Borrawer's obligation to pay interest at the rate provided in I Mortgage Insurance reimburses I.ender (or any entity that purchases th� may incur if Borrower does not repay the Loan as agreed. Borrawer is n� Insurance. Mortgage insurers evalua�e their total risk on all such insurance in force enter into agreements with other parties that share or modify their risk, or re�t are on terms and conditians that are satisfactory to the mortgage insurer and, d these agreements. These agreements may require the mortgage insure: to make oP funds that the mortgage insurer xnay have avai(able (which may include fut Insurance premiums). NEBRASKA - Single Family - Fennle MaelF�edd� Mac UNIFORM fNSTRUMENT WITH � los�o) Pege e or ts inniais:� his Security Instrumenk If xurity Instrument, (b} there roperty and/or rights under demnation or forfeiture, for �ent or to enforce Iaws or do and gay far whatever is rights under tlus Security �d securing and/or repairing any sums secured by a lien and (c) paying reasonable �sri Instrument, including ides, but is not limited to, ; and windows, drain water is, and have atilities turned aot have #o do so and is not iry for aot ta.king any or all 3ditional debt of Borrower Note rate from the date of �er to Borrower res�uesting th all the gravisions of the titte shall not merge unless dition of making the Loan, n effect. If, for any reason, n fhe mortgage insurer that rately designated payments miums required ia obtain �ect, at a cnst sabstantially i effecx, from an alternate Insurance coverage is not y designated payments that ;cegt, use and retain these iuch loss reserve shall be ll, and I.ender shall not be can no longer require Ioss eriod that Lender requires) ined, and i.ender requires Lender required Mortgage nake separately designated the premiums required to �s reserve, until Lender's ient between Borrower and �able Law. Nothing in this e Note. Note) for certain Iosses it a party to the Mortg�ge rom time to time, and may e losses. These agrcements : other party (or parties) to payments using any source ls obtained from Mortgage I1-02-000060 Form 3028 1107