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201109822 <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 insurance or condemnation proceeds are not sufficient to repair or restore the Property, <br /> Bonower is not relieved of Bonower's obligation for the completion of such repair or restoration. <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 Borrower <br /> notice at the time of or priar to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's l.oan Application.Borrower shall be in default if, during the Loan application process, <br /> Borrower or any persons or entities acting at the direction of Borrower 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 Bonower's occupancy of the Property as Borrower's principal <br /> residence. <br /> 9. Protectionof Lender'slnterest in the Propertyand RightsUnderthis Security Instrument.If(a) <br /> Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b)there is a <br /> legal proceeding that rnight significantly affect Lender's interest in the Property and/or rights under this <br /> Security Instrument(such as a proceeding in bankniptcy,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 are not limited to: (a)paying any sums secured by a lien <br /> which has priority over this Security Instnunent; (b) appearing in court; and (c)paying reasonable attorneys' <br /> fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured <br /> position in a bankruptcy proceeding. Securing the Property includes,but is not limited to, entering the <br /> Property to make repairs,change locks,replace or board 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 does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions <br /> authorized under this Section 9. <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower 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 notice from Lender to Borrower reyuesting payment. <br /> If this Security Instrument is on a leasehold,Bonower shall comply with all the provisions of the lease.If <br /> Borrower acquires fee title to the Property,the leasehold and the fee title shall not merge unless Lender <br /> agrees to the merger in writing. <br /> 10. MortgBge Insurance.If Lender required 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 Bortower was required to make separately designated payments <br /> toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to abtain coverage <br /> substantially equivalent to the Mortgage Insurance previously in effect,at a cost substantially equivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br /> selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available,Borrower shall <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3026 1/01 <br /> VMP� VMP6(NE)(1105).00 <br /> Wolters Kluwer Financial Services Page 6 of 17 <br />