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20120075� <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 ar 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 Bonower <br />notice at the time of or prior to such an interior inspection sgecifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Bonower or any �rsons or entiries acting at the dire.ction of Borrower or with Bonower's knowledge or <br />consent gave materially false, misleading, or inaccurate informarion or statements to Lender (or failed to <br />provide Lender with material information) in conn�tion 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 />r�idence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Bonower fails to perform the covenants and agreements contained in this Se�urity Instrument, (b) there is a <br />legal proceeding that might significantly affe�t Lender's interest in the Properiy and/or rights under this <br />Security Instnunent (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Insmiment 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 protect Lender's interest in the Property and rights under tlus Se�urity <br />Instrument, including protecting and/or assessing the value of the Property, and s�uring and/or repairing <br />the Progerty. Lender's actions can include, but aze not limited to: (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 />f� to prot�t its interest in the Property and/or rights under this Security Instrument, including its s�ured <br />position in a banlQUptcy procee�ing. Securing the Property includes, but is not limite� to, entering the <br />Property to make repairs, change locks, replace or boazd 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 obligarion 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 Bonower secured by <br />this Securiry 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 requesting 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 />agr�s 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 providefl such insurance and Bonower was required to make sepazately designated payments <br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage <br />substanrially equivalent to the Mortgage Insurance previously in eff�t, at a cost substantially equivalent to <br />the cost to Bonower of the Mortgage Insurance previously in effe�t, from an alternate mortgage insurer <br />sel�ted by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannia Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP p <br />Wolters Kluwer Flnanclal Services � <br />Form 3028 1 /O t <br />VMP6(NE) (1106) <br />Page 8 of 17 <br />