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�Q1�����5 <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 />Borrower is not relieved of Bonower's obligarion 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 Bonower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persons or entities acting at the direction of Bonower or with Bonower's l�owledge 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 Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protecfion of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Bonower fails to perform the covenants and agreements contain�i in this Security Instrument, (b) there is a <br />legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this <br />Security Instrument (such as a proceeding in banlavptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over ttus 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 T'roperty, and securing and/or repairing <br />the Property. Lender's actions can iuclude, but are not limited to: (a) paying any sums secured by a lien <br />which T�as priority aver this Security Instrument; (b) agpearing in court; and (c) paying reasonable attomeys' <br />fees to protect its interest iII the Properiy and/or rights under this Security Instrument, including its se.cured <br />position in a baakruptcy proceeding. Securing the Property includes, but is not limited to, entering the <br />Froperty to matce zepairs, chaa,ge l�ks, replace or board up doars and windows, drain water from piges, <br />eliminate hvilduig or other code violations or dangerous conditio�, and have utilities turned on or off. <br />Although L.ender may take action uuder this Secrion 9, Lender does not have to do so and is not uncter any <br />duty or obligation to do so. It is agreed tbat Lender incurs no liability for not taldng any or alI acrions <br />authoriaed under this �cdon 9. <br />Any amounts disbursed by Lender under this Section 9 shall become addirional debt of �rrower secured by <br />this Security Instrument. These atnounts 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 requesting payment. <br />If this Security Instrurnent is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Bonower 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. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <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 inc�,rance and Bonower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Bonower 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 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 <br />VMP � <br />Wolters Kluwer Financlal Services <br />Form 3028 1 /01 <br />VMP6(NE) (1105) <br />Page S of 17 <br />