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201103756 <br />9. Pratection of Lender's Interest �ln the Properly and Rights Under this 5ecnrity Instramen� If <br />(a) Bonower fails to perform the covenants and agreements co�tained in this Security Tnat�men ,t (b) there <br />is a legal procee�ing that might significantly affe�t I,ender' s interest in the Property and/or rights under <br />this Secux'ity In. n►±enx (suGh as a procee�ing in bat�C'uptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority ov�r 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 protect Lender' s interest in the Properiy and rights under this Security <br />Instrument, including protecting and/or assessing the value of the Prope�l.y, and se�uring andJor rePairing <br />the Property. Lender' s actions c�n include, but are not limited to: (a) PaY�g �Y sums secured by a lien <br />which has priarity over this Securit3' ��; �) $PP�g in court; and (c) Paying reasonable <br />attorneys' f�s to prote�t its inte�est in the Properiy and/or rights under this Se�urity Ins�ment, including <br />its se�nred position in a bankruptcy prac�ding. Seeuring the Property includes, but is not limited to, <br />entering the Property to make repairs, change locks, replace ar boazd up doors and windowa, drain water <br />from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned <br />on or off. Although I.ender may take action under this Se�tion 9, Lender does not bave to do so and is not <br />under any duty or obligation to da so. It is agree� thgt Lende� incurs no liability for not taking any or all <br />actions authori�ed under this Sedion 9. <br />Any amow�ts disbursed by Lender under this Section 9 sball become additionat debt of Bonower <br />secureil by this Se,cnrity Inshiunent. These amounts shall bear intere,vt at tha Note rate from the date of <br />disbursement and shall be payable, with such interest, upon notice from Lender to Borrower re�uesting <br />p$ � t this Sacurity Inst�vment is on a leasehold, Bonower shall comply with all the provisions of the <br />lease. If Borrower acquires fce title to the Property, the leasehold and tha fe,e title shall not merge unless <br />I.ender agtees to the merger in writing. <br />10. Mortgage Insnrance. If Lender required Mortgage Insurance as a condition of making the Loan, <br />Borrower shall pay the premiums re�uired to maintain the Mortgage Insurance in effect. I� for any reason, <br />the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such inm„�„ce snd Borrower was renuired to make separatelY de�gnated PaYments <br />toward the premiums far Mortgage Insurance, Borrower shall pay the premiums re�uired to obtain <br />coverage substantially e�uivalent to the Mortgage Insurance previouslp in efifect, at a cost substaatially <br />equivaleut to the cost to Bosawer of the Mortgage Insurance previously in effe�t, from an alternate <br />mortgage insurea selected by Lender. If substantially e�uivalent Mortgage Insuraace coverage is not <br />available, Borrower shall continue to pay to Lender the aaaount af the s$parately desi� paymeats t�t <br />were due when the insurance coverage ceased to be in effe,ct. Lender will accept, use and retain these <br />payments as a non refundable loss reserve in lieu of Mortgaga Insutance. Such loss reserve shall be <br />non refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lendar shall not be <br />required to pay Borrower any interest or earnings on such loss reserve. Lender c� no langer require loss <br />reserve payments if Mortgage rnsurance coverage (in the mnouirt and for the p�iod that Lender requires) <br />provided by an insurer selected by Lender again becomes available, is obtained, and I.ender requires <br />separately designated payments toward the premiums for Mortgage Insurance. If Lender requir� Mortgage <br />Insurance as a condition of making the Loan and Barrower was re�uired to make separa.tely designated <br />payments toward the premiums far Mortgage Insurance, Borrower shall pay the premiums requireri to <br />mAintA;n Mortgage Insucance in effect, or to provide a non refundable loss reserve, until I.ender's <br />re.quirement for Mortgage Insurance ends in accordaace with any written agreement betw�n Bonower and <br />Lender providing for such termination or until ternnination is required by Applicable Law. Nothing in this <br />Section 10 affects Borrower' s obligation to pay interest at the rate provided in the Note. <br />Mortgage Insurance reimburses Lender (or any entity that purchases the Note) foz certain losses it <br />may incur if Borrower does not zepay 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 othet parties that share or modify tl�eir risk, or reduce losses. These agreements <br />aze on terms and conditions that aze satisfactory to the mortgage insarer �d 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 ma.y include funds obtained from Mortgage <br />Insurance pzemiums). <br />2200133693 D V6ANE <br />NEEBRRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH M <br />�-6A(NE� (oato) Pege 8 of 16 int�ts: Form 3028 1/01 <br />� <br />1i� <br />