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i�, � � . <br />i i, <br />9. Prate�tion of Lender's I�ere�t in the Property and Righis Under th9s 3ecarity Instrument If <br />(a} Borrower faila to perform the covenants and agre� cont�med in this Security Ina�t, (b) there <br />is a legal Pr�ing that might significantly affect L�der's iaterest in the Propezty and/ar righta und�ar <br />this S�urity Instrument (such as a proceed'mg in bmnkruP�Y� 1�'olm�te, for condemnation or f�'eitura, for <br />enforcement of a li�n which a�y att�n priority ove� this Security In�t ar to enforce lavva or <br />regulations), or (c) Horrower has abandaned the Property, then I.ender may do and pay foz wha�teve� is <br />r�nable or appropriate to protect I�nder's interest in the Pmp�i.y and rights under this Seanrity <br />Insbnm�ent, including Protecting and/or asse�ing the value of the Prop�ty, aad sec�ing and/ar repeiring <br />the Prap�ty. Lender' s a�ctions c�n include, but are not limit�ad to: (a) paying any sams secured by a lien <br />which has priarity over this Sea�rity Ins�t; (b) �ring in cour� and (c) paying reasonable <br />attomeys' fees to protect its int,�rest in the Pro�rty and/or rights under this S�airity Inslrument, including <br />its sec�nred �sition in a&a��uptcy proceeding. �ing the Property includ�, but is not lurriGed to, <br />entering the Pro�rty to make repairs, change locks, repl�e or lmard up doors and windows, drain watar <br />from pipes, eliminate building or ather cale violations or dangerous Gond�itions, and have utiliti� tuin�. <br />on or off Althaugh Lend� �y take actian under tliia Searon 9, Lend� d� not have to do so aad is nat <br />und� any duty or obligation to do so. It is agread that Len+der incurs no liability for nat taking any or all <br />actions authorized under this Se�ion 9. <br />Any amounts diabursed by Lend� under tbi� Section 9 shal.l became additional debt of Borrow� <br />secwred by this Sec.urity in��,+�.�r 1� amou� shall l� inteaest at the Note rate fram the date of <br />disbiu�ent and shall be payable, with such int�est, upan notace from Lender to Horrower requ�l3ng <br />��this Secvrity Inst�meat is on a leasehold, Borrow� sball crnnply with all the provisions of the <br />leasa. If Horrawer acquires fee title to tha Property, tha leasehold aad the fea title ahall not m�ge wnless <br />Lender agc�a ta tlte merg� in �vriting. <br />lA. Mortga�e Inauranae. If Lender required Martgage �naur�ace as a condirion of making the L�n, <br />Banower shall pay the premiums reqtured to m�aint�n the Martgage Insu�ce in effect. I� for �ny reason, <br />the Mortgage Ina�ace cm'�age reqirited bY Lend�er � to be available from the mortgago insurer that <br />previausly provided such insuran� and Ha�rrawer wes required to make sepaaatelY �� PaY�� <br />toward the premiums for Mortgage Insuraace, Hanower shall pay the premiums r�quiral. to obtain <br />covm�age aubstantia1.lq equival�t to the Mortgage Inwu�ance previously in effeGt, at a c�st sub�taally <br />eqwvalart to the cast to Hanower of the Mortgage Insurance previously in effed, from en alteinate <br />mortgage insurer sel�ci by I.ender. If aubstantially equivale� Mortgage Insw�nce coverage is not <br />available, Horrawer shall cantinua to �y to Lend� the mnowrt of the aeparabelY �� PaY�� � <br />were due when the insuranca cove�age ceasad to be in e�ect. Lender will aa�pt, use and retain these <br />payments as a non refimdable loas res�ve in lieu af Ma�tgage Ins�umace. Such loss reserve ahall be <br />non refimdable, notwithstaadin$ the fa:ct that the I.oaa is ultimately paid in fiill, aad Lender shall not ba <br />requirad to pay Borrow� any inter�t ar earnings on such loss reserve. Le�nd� cen no laager require loss <br />resetve pay�nta if Martgage Insurance coverage (in the a�mt and for the pariod that Lender recluiras) <br />provid� by en insurer selected by Lender again becam� available, is obl�ined, and Lender requires <br />�lY �1�� P$Yments toward the premiums for Mortgaga In�. If Leader required Martgage <br />Insuraace as a c;ondition of making tha Loaa and Horrower was reqirired to make sep�ratelY designated <br />PaY�nts towerd the premiums far Mort�age Inauraac� Borrow� shall pay the pramuma required ta <br />maintain Mortgage Insuranca 'vn effect, � to provide a non refimdable loss reserve, w�til Lender's <br />requirement for Mortgage Insu�nce enc� in accordance with any written agreeme.nt between Horrower and <br />L�nder providing for such ternrination ar until ternninakian is re4�� bY �PP�cable I.aw. Nathing in this <br />Se�ion 10 affects B�rrower's abligation to pay int�r�t at the rate provided in the Nate. <br />Mortgage Ins�n�anca raimbursas Leader (or any �ty that purchas� the Note) fa� certain loss� it <br />a�y incur if Borrow� do�s not rapay the I.oan as agc�eed. Borrower is not a party to the Martgage <br />Insuraac�. <br />Martgage inaurers evaluate their total risk on all such insurance in force from time to time, aad may <br />�nter into agreements with other para� that ahare or a�ify their risk, or reduca l�s. The,se ageements <br />are on term�s and cnnditions tthak ara e�sfacta�ry to the a�ortgage ins�rer and the other party (ar parties) to <br />these agreements. These ag�ments maY requsre the mortgage insurer to m�ke paymm� using anY source <br />of fimds that the mortgage insur� a�y have available (which may include fimds obtained from Martgage <br />�nsurance premiums). <br />2300051242 n v6A� <br />N�RASKA - 3ingle Family - Fannls A1�dFred�Ue M� UN�RAA INSTI�JdAENT WRH M <br />��A(NE) �os� oa �e a o� � 6 i„� ; Foim 3028 1/01 <br />