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2011033�2
<br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If
<br />(a) Bonower fails to perform the covenants and agreements contained in this Secu.rity Instrument, (b) there
<br />is a legal proaeeding that might significantly affect Lender's interest in the Property and/or rights under
<br />this Se.curity Instnunent (such as a proceeding in bankruptcy, probate, for condemnarion or forfeiture, for
<br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or
<br />regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is
<br />reasonable or appropriate to prote.ct Lender's interest in the Property and rights under this Security
<br />Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing
<br />the Property. L,ender's actions can include, but aze not limited to: (a) paying any sums secured by a lien
<br />which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable
<br />attomeys' fees to protect its interest in the Property andlor rights under this Security Instrument, including
<br />its secured posirion in a banlmiptcy proceeding. Securing the Property includes, but is not limited to,
<br />entering the Progerty to make repairs, change locks, replace or board up doors and windows, drain water
<br />from pipes, eliminate building or other code violarions or dangerous conditions, and have utilities turned
<br />on or off. Although Lender may take acrion under this Section 9, Lender d�s not have to do so and is not
<br />under any dury or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all
<br />actions authorized uncler this Section 9.
<br />Any amounts disbursed by Lender vnder this Section 9 shall beeome addirional debt of Borrower
<br />secured by this Seeurity Instrument. These amounts sha11 bear interest at the Note rate from the date of
<br />disbursement and shall be payable, with such interest, upon notiee from �nder to Bonower requesting
<br />Payment. .
<br />If th�s S�curity Instniment is on a leasehold, Bonower sha11 comgly �rith all the provisions of the
<br />Iease. If Borrawer acquires fee ritte to the Froperty, the leasehold and tP�e fee title shall not merge unless
<br />LencPer agrees iQ t&e merger ia writing.
<br />I0. Mertgage Im,sur•a�ce. If Le�ccfier requi�c3 Mortgage � as a candit��a of matdng the I.oan,
<br />Borraweg sF� gagr t� pre�iums r� to mai,�r.taul the Mortgage � im effect. �f, for any reason,
<br />the 1V�ortgage Z� coveFage �� �y �ccc�er �s to be a�ai�Ie fr�n°c the matrtgage 'rasurer ti�
<br />previousT�r grQ� s�eb i�rance a� Horr�� was reqvsred to r� �arate.�F ��� PaY�
<br />taw� tfie g�ums for Mortgage �s�, �oarower s� pay the gre�ni� requi:red to ob�ain
<br />coverag� s�h�Iy equivatent to t�Ce 1Vlartgage �ance pre�+iously in eff�t, at a cast substan�iaiIy
<br />equivatent to t� c�ost to �3orrovveg of fihe 1�Qttgage �stu�cce previousFy in effeet, from aze atte�ate
<br />mortgage ins�res se�ectecl �y I.e�er. If s�bstatitialiy equivateut Mortgage Igsuraizce coverage is not
<br />available, Borro�reF s1�a.�I contin�e to g�y w Lender the amount o� the seg�rate�y designated payments that
<br />were c�e �h� tT�e ms�aancE c:overage ce,as�d to �e in effect. Letcca�s vvr� �t, use and retain the.se
<br />p�yme�ts �� ao�c Fe�imc�a�sie �oss resea�e � Iieu of MQrtgage �. �ch Ioss reserrre shall be
<br />non refuB�aEr�e, imtwi��rs�ac�ing the fac� �hat ti� I,oan is uttin�tel�+ p�id i,tn f�, aact Lender sl�all IIot be
<br />rec�uired to pay Borrower �y interesc csr eazni�gs on such Ioss reseave. �er can ao longer rec}uire Ioss
<br />reserve paymerns if Mortgage Insurance covera.ge (in the amount and for t�se peritxi that i.ender requires)
<br />provided by an insurer selected by Lender again becomes availahle, is obtained, and Lender requires
<br />separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage
<br />Insurance as a condition of making the Loan and Borrower was required to make separately designated
<br />payments toward the premiums for Mortgage Insurance, Borrower shal2 pay the premiums required to
<br />maintain Mortgage Insurance in effect, or to provide a non-refun�Ie loss reserve, unti2 Lender's
<br />requirement for Mortgage Insurance ends in accordance with any written agreement betwe,en Borrower and
<br />Lender providing for such terminarion or until terminarion is requir� by Apglicable Law. Nothing in this
<br />Secrion 10 affe,cts Borrower's obligation to pay interest at the rate provided in the Note.
<br />Mortgage Insurance reimburses I,ender (or any entity that purchases the Note) for certain losses it
<br />may incur if Borrower does 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 such insurance in force from time to time, and may
<br />enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements
<br />are on terms and conditions that aze sarisfactory to the mortgage insurer and the other party (or parties) to
<br />these agreements. These agreements may require the mortgage insurer to make payments using any source
<br />of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage
<br />Insurance premiums).
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6(NE) (0817) Page 8 of 15 Initials��
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<br />Form 3028 1/01
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