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201200170 <br /> for the repairs and restoration in a single payinent or in a series of progress payinents as the worlc is <br /> compl@ted. Tf the insur�ice or condeinnation proceeds are not suPficient to repair ar restore the Property, <br /> Borrower is not relieved of Bori•ower's obligation for the completion of such repair or i•estoration. <br /> Lender or its agent inay malce re�sonable entries upon and inspectioiis of the Property. If it has reasonable <br /> cause, Lender may inspect the interior of the improvaments on tlie Property. Leilder shall give Borrower <br /> notice at the tiine of or prior to such aii interior inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall Ue in default if, during the Loan application process, <br /> Borrower or any persons or entities actiilg at the direction of Borrower or with Borrowei•'s lcnowleelge or <br /> consent g�ve matarially false, n�isleading, or inaccurate information or statements to Lender(or failed to <br /> provide Lender with inat�rial information)in coruiect'ron wikh the Loan. Material�•epresantations i�lclude, but <br /> are not liinited tio, representations conceri7ing Borrower's occup�ncy of the Property as Borrower's principal <br /> residence. <br /> 9. Protection of Lender'� Interest in the Property and Rights Under this 5ecurity Instrument. If(a) <br /> Borrower f�ils to perforin the covenailts and agreements contained in this Security Instrument, (U)there is a <br /> 1ega1 proceeding that inight significantly affe�t Lender`s interest in the Property and/or rights unc�er ihis <br /> Security Instrument(such as a proceeding in banlc�uptcy, probate, for condeiruiation or foi•feiture, for <br /> enforcement of a lien whicla may at�ain priority over this Security Instrurzle�it ot'to enforce laws or <br /> regulations), or (c)Borrower has aUandoned the Property, then Lender may do and pay for whatever is <br /> reasonable or appropriate to protect Lencier's interest in the Propei•ty a�d rights untler this Security <br /> Instruanent, ii7clud'ulg protecting and'/or assessing the value of the Property, and securing and/or rapairing <br /> the Praperty. Lender's actioi7s ca�include, but are not liinited td: (a)paying any sums secured by a lien <br /> wluch has priority over this Seourity Instruinent; (b) appearing in court; and(e)paying reasonable attorneys' <br /> fees to protect its interest iii the Property aild/or ri�hts under this Security Instrtunent, including its secured <br /> position in a Uanlcruptcy proceeding. Securing the Property includes, but is 11ot limited to, entering tlie <br /> Property to malce repairs, change locics, replace or board up doors and windows, drain water froin�ipes, <br /> eliininale building or other code violations or dangei ous conditions, and have utilities turned on or off. <br /> Altllough Lender may talce action under this Section 9, Lender does not liave tio da so and is iiot under any <br /> duty or obligation to do so. It is agreed that Lender ineurs no liability For not talcing a�1y or all actions <br /> �uthorized under this Section 9. <br /> Any amounts disUursed by Lender uncler lhis Section 9 shall becoine additional debt of Borrower secureci Uy <br /> this Security Instiunlent. Tliese amounts shall bear interest at tlie Note rate firoin the date of dis�ursement <br /> and sliall be payaUle, witli sLich interest, upon notice fi•om Lender to Borrower requesting payment. <br /> If this Security Instrument is on a leasehold, Borrow�r shall eo�nply with all the provisians of tlie lease. If <br /> Bo�rower acquires fee tiitle to the 1'ro�erty, �he leasellold and the fee title shall not inerge unless Lender <br /> agrees to the inerger in writing. <br /> 10. M ortgage Insurance. If Lencler required Mortg�ge Insurance as a condition of malciiig the Loan, Bori•ower <br /> sha11 pay the premiums required to maintain the Mortgage Insurance ii�effect. If, for a�ly reason, tlie <br /> Mortgage Insurance coverage requirecl by Lencier ce�tses to be av�ilaUle from the mortgage insui•er that <br /> previously provided such insurance aild Borrower w�s required to malce separately designated�ayinents <br /> toward tha preinimns for Moz•tgage Insurauce, Borrower shall pay the premiuins requirec�to oUtain coveraga <br /> suUst�ntially ec�uivalellt to tlie Mortgage Insurance previously in effect, at a cost suUstantially equivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, fronl an alternate mortgage insurer <br /> selected by Lender. If substanti�lly equivalent Mortgage Irlsurance coverage is not available, Borrower shall <br /> 24-000026 <br /> NEBRASKA-Single Family-Fannie M ae/Freddle M ac UNIFORM INSTRUM ENT Form 3020 1/01 <br /> VM P O VM P6(NE)(1105) <br /> Wolters Kluwer Financial Services Page 0 of 17 <br />