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2012QO96� <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 aze not sufficient to repair or restore the Property, <br />Borrower is not relieved of Borrower's obligation for the complerion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and insp�tions of the Property. If it has reasonable <br />cause, Lender may inspe,ct the interior of the improvements on the Property. Lender shall give Bonower <br />norice at the tune 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 entiries acting at the direcrion of Borrower or with Bonower'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 connecrion with the Loan. Material representarions include, but <br />aze not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Bonower fails to gerform the covenants and agre,ements contain� in this S�urity Instrument, (b) there is a <br />legal procceding that might significantly aff�t Lender's interest in the Property and/or rights under this <br />Security Instrument (such as a proceeding in bankruptcy, pmbate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security 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 protect Lender's interest in the Property and rights under this Security <br />Instrument, including prote,cting and/or assessing the value of the Property, and securing and/or repairing <br />the Properiy. Lender's accivns can iuclude, but are not limited to: (a) paying any sums secur� by a lien <br />wiuch has priority over th�s Security Instrument; (b) apg�aring in court; and (c) paying reasonable attomeys' <br />fees to protect its ir�terest ia the Froperty andJor rights under this Security Instrument, including its secured <br />posi�ion in a b�nkc�tpt�y pro�ding. Securing the Property includes, but is not limited to, entering the <br />Prop�rly to make repa.irs, change Ic�ls, replace or boazd up doors and wrindows, drain water from pi�res, <br />eliminate huildin,g or oti�er c�de violations ar dangerous conditions, and have utiliries turned on or off. <br />Although Lender may take acrion imder this Se�tion 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 �Ctian 9. <br />Any amouuts disbursed by �nder under this Section 9 shall become addirionat debt of Borrower secured by <br />this S�urity Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shatl he payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this S�urity Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br />Bonower acquires f� ritle to the Property, the leasehold and the fee title shall not merge unless Lender <br />agrces to the merger in wriring. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Bonower <br />shall pay the premiums required to ma.intain 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 sepazately designated payments <br />towazd the premiums for Mortgage Insurance, Borrower sha11 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 Bonower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />selected by Lender. If substanrially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMP6INE) (1105) <br />Page 8 of 7 7 <br />