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�OliQ��4G <br />for the repairs and restoration in a single payment or in a series of progress payments as the work is <br />completed. If the insuranc� or condemnation proceeds aze not sufficient to repair or restore the Property, <br />Borrower is not relieved of Bonower's obligarion for the completion of such repair or restorarion. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Bonower <br />notice at the time of or prior to such an interior insp�tion sp�ifying such reasonable cause. <br />8. Borrower's Loan Applicafion. Bonower shall be in default if, during the Loan application process, <br />Bonower or any persons or entities acting at the dire�tion of Bonower or with Bonower's knowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material information) in connection with the Loan. Material representations include, but <br />are not limited to, representations concerning �rrower's occupancy of the Property as Bonower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Bonower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal praceeding that might significantly affect Lender's interest in the Property and/or rights under this <br />�curity Instniment (such as a procceding in banlQUptcy, 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) Bonower has abandoned the Property, then Lender may do and pay for whatever is <br />reasonable or appropriate to prote�t 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 ate 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 attorneys' <br />fees to prot�t its interest in the Property and/or rights under this Security Instrument, including its secured <br />gosition in a bankruptcy proceeding. Securing the Progerty includes, but is not limited to, entering the <br />Property to make repairs, change locks, replace or boazd up doors and windows, drain water from pipes, <br />eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. <br />Although Lender may take action under this Section 9, Lender d� not have to do so and is not under any <br />duty or obligation to do so. It is agreed that I.ender incurs no liability for not taking any or all actions <br />authorized under this Se�tion 9. <br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Bonower secured by <br />this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shall be payable, with such interest, upon norice from Lender to Bonower requesting payment. <br />If this Security Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Bonower acquires f� title to the Property, the leasehold and the fee ritle shall not merge unless Lender <br />agrces to the merger in writing. <br />10. Mortgage Insurance. If Lender require� Mortgage Insurance as a condition of making the Loan, Bonower <br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insurance and Borrower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Bonower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />sel�ted by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower sha11 <br />NEBRASKA-Single Family-Fannie Mse/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (7705) <br />Wolters Kluwer Financtal Services Page 8 of 17 <br />