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20110406ti 9. Protection of Lender's Interest in the Property and Rights Under this Secnrity Inctrument If (a) Borrower fails to perform the covenants and ageements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankniptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of fhe Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums sectued by a lien which has priority over this Secusity Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Secu.rity Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may taka action under this Section 9, Lender does not have to do so aud is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbu.rsed by Lender under this Section 9 shall become additional debt of Bonower secured by this Security Iristrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Secutity Instiument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Martgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such ine�rdnce and Bonower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain ooverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an altetnate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coveiage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refiundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Instuance coverage (in the amouut and for the petiod that Lender requtires) provided by an i.nsurer selected by Lender again becomes available, is obtained, and Lender requires sepatately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of malQng the Loan and Bonower was required to make separately designated payments toward the premiwns for Mortgage Insutance, Bonower shall pay the premiu.ms required to maintain Mortgage Insurance in effect, or to provide a non-refiiudable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Len.der providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agzeed. Bortower is not a party to the Mortgage Instuance. Mortgage insu.rers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to tha mortgage insurer and the other party (or parties) to these agreements, These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). NEBRASKA- Single Family - FannleMae/Freddle Mac UNIFORM INSTRUMENT i � A, � �-6�NE� (0611) Paga 8 of 15 Initlals: � FOf117 3028 1/0'�