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201200506 <br /> for thc rcpairs and re,atorat�ion in a single paynient or in n�eerics of pin��ess payments as the work ie <br /> oompleted. If the uisuranco or condamnation proceeds are uot sufficient to reUair or restora Yl�e Properly, <br /> Borrowex is uot relieved'of Borrower's oUlibation for the completion ofsuch r�pair or restoration. <br /> Lender or iCF agenf may malc¢roasonable entriea upon nnd iuspeotione of thc Property. If it hAe reasan�ble <br /> cause, Lender may inspeot tf�e inCerior of thc improvementis on Yha Property. Lender shall give Rorrower <br /> ilotice at the tiine of o��prior ta such an interior inspection specifying such reasonnble csuise. <br /> 8. Borrowor's Loan AppliGa@ion. Borrower ahall be in default iP, during tlie Loan applicnlion procosn, <br /> Borrower or any persons or enfities acting at the direction oF Borrower or with Borrower's knowledge or <br /> consent gave meterially Palae, mislcadittg, or ivaccw�ate information or slatements to Lender (or failsd to <br /> ptovide Lender with inatet'ia1 informaflon}in conncction��ith the T.oan. Meterial represenfaCions inc�lude, laut <br /> a�'o not li�i�itcd Ea, represeutations concerning Borrower's oocnpanoy of the Proparty as Eorrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> Borrosver fails Co perfon��thc covcnants and agreemenCs coutttined in this SecLU�iCy Insh-ument, (b)fliere is a. <br /> legal proeeecling that might signifloanCly 1fPcef Lender's interest in theProparty ancl/or righta imcier tl�is <br /> Seciirity v�strnment(such as ap��oceeding in banlauptcy, probate; for conde�nuation or f'orfaiture, for <br /> evPorcemenC oP�lien whioh may attaiu priority over this Security Instnunent or to cnforcc laws or <br /> regulatione), or (c) Borrower has al�nndoncd thc Property, tUen Lender inay do and pay for whatevc�r ia <br /> reasonable or appropriaSe to Ixotect Lender's interest in Che Proparty nfld i�iglrts Luider Uiis Security <br /> Tnst�ument, including protectuig aud/or�tssessing the velue o£the Praperfy, ai�d eccuring and/or repairing <br /> the Properly. Le�der's actiioiTe can inchtde, Uut are not liinitiecl tio: (a)payuig auy sums �ecurcd Uy a lien <br /> which h�s�rioriry ovex this SecuriEy v�strumcnf; (b) appearing in court; and(c)paying reasonablc attorneys' <br /> f'ees to protect its interest in Yhe Property vid/or righus undor this Securiky Instruinent, including its seaw�ed <br /> position In a Uaukrnptcy prooeeding. Securing the Property nioludes, but is not limited to, entering the <br /> Property Yo malce repairs, change loelcs, replace or boai'd ttp doors and windows�, drnin watcr fi�orn pipes, <br /> eliniinate btailding or other code violnCion.s or dangcrous conditions, aud ha�ue utilities turned on or off. <br /> l�lthough Lencler may talce action wider thie Section 9, Lender cloe.s not have to dx� so and is not wider any <br /> duty or ol�]igaLion to cio so. It is a�,n eed t1iat T,ender incurs no lial�ility for not taking any or 211 �ctio�is <br /> a�ithorized under this Section 9. <br /> Any amourtts ciieburecd by Lcnder tiu�der Uiis Section 9 shall become addiGonal del�t oP Borrowcn'seeured by <br /> Chis Seom�iLy InstrumenC. These amounts s1��17 bear interesf� at Uie Note rata fi•oin the date of clisl�m�sement <br /> uid shall Ue pnyeble, with such inferesf, upon nofice from Lender to I3orrowec cequesting payment. <br /> If this Seet�rity Instcument is on 2leasohold, Borrower slu�ll comply wiYh all tlie provisions of the lense. If <br /> Borrower acquires fea ti�le W Yhe Prroperty, Che lenseholci aiid tho fcc titic shall not merge unlaes Lender <br /> agrees to the mei�ger itt writing. <br /> 1 D. M oYtgage I nsuYanee. If Lencler req�urcd Mortgage Insuruice as a oondition of making the Loen, Borrower <br /> shall pay Uie premituns required to m�intein the Mortgage Insurancc in cffcct. If, for any reason, tha <br /> Mortgage insurance coverage rec�uired Uy Leuder caases to be nvailable from lhe 1norCgage ineurcr that <br /> prcviously pirovided such insuranco avd Borrotver�vas reqnired to make separetely deaignated payment� <br /> Eow�rd the pranvunis £or Mortg¢ge Insurance, Borrowcr uhall pay tlie preiniwna required to obtain coverage <br /> subsiantinlly eqLUValent to the Mortgage Insurance previously in cffect, at a cost substautially equiv�lent to <br /> tihe cost to Borrower of tha Mortgage Hieurance previously in ePfecC, fron�z�n niternato mortgage insurer <br /> solected by].ender. if substantially equivalent MorCgage Insurance covernge is no[available, 13orrower sl�al.l <br /> 240000I5 <br /> NEBR45KP-Single Fnmlly-fennle Mae/Fretldle Mac UMFORA4 INSTRUM ENT Form 302U U01 <br /> VM P(nj VM PB�NE)(7106J <br /> Wol�ors Kluwer Finenolal 9evloes P�ge 0 of 19 <br />