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<br />9. Prot�tion of Lender's Interest in the Property and Rights Under this Security Instrument. If
<br />(a} Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there
<br />is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under
<br />this Security Insixument (such as a proceeding in bankruptcy, probate, for condemnation 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 protect 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. Lender'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 and/or rights under this Security Instniment, including
<br />its secured position in a bankruptcy proceeding. Securing the Properiy includes, but is not limited to,
<br />entering the Property to make repairs, change locks, replace or board up doors and windows, drain water
<br />from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned
<br />on or off. Although Lender may take acrion under this Section 9, Lender does not have to do so and is not
<br />under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all
<br />acrions authorized under this Section 9.
<br />Any at�ounts disbursed by Lender `ander this Section 9 shall bec:ome additional debt of Bonower
<br />secured by this Security Instnunent. These amounts shall bear interest at the Note rate from the date of
<br />disbursement and shall be payable, with such interest, upon notice from Lender to Bonower requesting
<br />payment.
<br />If this Security Tn. �ment is on a leasehold, Borrower shall comply with all the provisions of the
<br />lease. If Borrower acc�uires fe,e ritle to the Property, the leasehol@ and the fi� ritle shall not merge unless
<br />Lender agrees to the merger in writing.
<br />10. Mortg�ge Iasuranee. If Lender required Mortgage Insarance as a condition of making the Loan,
<br />Borrower shall pay the gremiv� iequir� tQ maintaiu the Mortgage Insurance in effect. If, for any reason,
<br />the Mortgage Insurance cov�ge required by �der � to be available from the mortgage insurer that
<br />previously provic� suc� insurauce and �orrower was �uired to make separately designated payments
<br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain
<br />coverage substantially ec�uavalent to ttie Mortgage Insurance previousIy in effect, at a cost substantially
<br />equivalent to the cast t� Born>�rer of t�ce 1V�ortgage itisurance previousty in effe,c�, from an alternate
<br />mortgage insurer sele,ete.� T�y �_ � substaat�aUy equivalent Mortgage Insurauce coverage is not
<br />available, Bozrower sl� cx�e ta gay tc� E,enc�er the amount of the separately designated payments that
<br />were due when the insuran¢ae eA�esage ce,ased ta be in �ffed. �,ender will accept, use and retain these
<br />payments as a na�.-refttttdals�e Iass res�tve in Iieu of Mortgage Insurance. Such loss reserve shall be
<br />non-refundabYe, not�ittistau�ing the fact t�tat the Loan is uttimately paid in full, and Lender shall not be
<br />required to pay Bonower any intere,st or earnings on such toss reserve. Lender can no longer rec}uire Ioss
<br />reserve payments if Mortgage InsuraIICe coverage (in the amount and for the period that Lender requires)
<br />provided by an insurer sel�ted by L.ender again hecomes available, is obtained, and Lender requires
<br />separately designated payments towazd the premiums for Mortgage Insurance. If Lender required Mortgage
<br />Insurance as a condirion of miaking the Loan and Borrower was required to make separately designated
<br />payments towazd the premiums for Mortgage Insurance, Borrower sha11 pay the premiums required to
<br />maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's
<br />requirement for Mortgage Insuran�ce ends in accordance with any written agreement between Borrower and
<br />Lender providing for such terminarion or until terminarion is rec}uired by Applicable Law. Nothing in this
<br />Se,ction 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) for certain losses it
<br />may incur if Bonower 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 are satisfactory to the mortgage insu.rer 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) 1os� t 1 Page 8 of 15 io�ciais: �� Form 3028 7/01
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