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201200163 <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 procceds are not sufficient to repair or restore the Property, <br /> Bonower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br /> Lender or its agent may make reasonable entries ugon and inspections of the Property. If it has reasonable <br /> cause, Lender may inspe,ct the interior of the improvements on the Properiy. Lender sha11 give Bonower <br /> notice at the rime of or prior to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's Lo�n Application. Borrower sha11 be in default if, during the Loan application process, <br /> Bonower or any persons or entities acting at the d'uection of Bonower or with Borrower'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 /> aze not limited to, representations concerning Bonower's occupancy of the Properiy as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Secur'rty Ins�tuvment. If(a) <br /> Borrower fails to perform the covenants and agre,ements contained 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 Inst7vment(such as a proce�ing in bankruptcy,probate, for condemnation or forfeiture, for <br /> enforcement of a lien which may attain priority over this�curity 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.ct Lender's interest in the Property and rights under this Security <br /> Inst7vment, including prote�ting and/or assessing the value of the Ptoperty, and securing and/or repairing <br /> the Property. Lender's actions can include, but are not limited�o: (a)paying any sums secured by a lien <br /> which has priority over this Se�urity Instrument; (b)appearing in court; and(c)paying reasonable attorneys' <br /> fces to prot�t its interest in the Property and/or rights under this Security Instrument, including its secured <br /> position in a bankruptcy proc.eeding. Securing the Property includes,but is not limited to, entering the <br /> Properiy to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br /> eliminate building or other code violarions or dangerous conditions, and have utiliries 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 alll 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 Securitg Instnunent. 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, Bonowei shall comply with all the provisions of the lease. If <br /> Bonower acquires fee title to the Property, the leasehold and the f�title sha11 not merge unless Lender <br /> agrees to the merger in writing. <br /> 7 0. Mortgage Insurance. If Lender required Mortgage Insurance as a condirion of making the Loan, Bonower <br /> sha11 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 Bonower was required to make separately designated payments <br /> toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain covera.ge <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 /> selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, ]�rrower shall <br /> NEBRASKA-Single Family-Fannle Mae/Freddie Mac UNIFORM INSTRUMEIVT Form 3028 1/01 <br /> VMP� VMPBINE)(7105).00 <br /> Wolters Kluwer Financial Services Pege 6 of 17 <br />