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�0�20f40� <br />for the repairs and restoration in a single payment or in a series of progess payments as the work is <br />completed. If the insutance or condemnation proceeds are not sufficient to repair or restore the Ptoperly, <br />Borrower is not relieved of Borrower's obligation for the completion of such repair or re,storation. <br />Lender or its agent may make re,asonable entries upon and inspections of the Properly. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Bortower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Bon'ower'sLoanAppllCation.Borrower shall be in default if, during the Loan applicationprocess, <br />Borrower or any persons or entities acting at the direction of Bortower 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 />are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protectionof Lende�'slnterest in the Properlyand RightsUnd�rthis Securifiy Instrument.If (a) <br />Borrower fails to petform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal proceeding that might significantly affect Lender's interest in the Properly and/or rights under this <br />Security Inshvment (such as a proceeding in banlnuptcy, probate, 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) Borrower 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 protecting and/or assessing the value of the Property, and securing and/or repairing <br />the Property. Lender's actions can include, but aze not limited to: (a) paying any sums secured by a lien <br />which has priority over this Security Instniment; (b) appearing in court; and (c) paying reasoaable attorneys' <br />fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured <br />position in a banlmtptcy proceeding. Securing the Property includes, but is not limited to, entering the <br />Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br />eliminate building or other code violations or dangerous conditions, and have utilities turned on or ot� <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 all actions <br />authorized under this Section 9. <br />Any amounts disbursed by Lender under this S�tion 9 shall become additional debt of Borrower secured by <br />this Security Instrument. These amounts shall beat interest at the Note rate &om the date of disbursement <br />and shall be payable, with such interest, ugon notice from Lender to Bortower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br />Boaower acquires fee title to the Ptoperiy, the leasehold and the fee title shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mol'tgaga Insurance.If Lender required 1Vlortgage Insurance as a condition of making the Loan, Borrower <br />shall pay the premiums required to maintain the Mortgage Ynsurance in effect. If, for any re�san, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insutance and Boaower was required to make sepatately designated payments <br />towazd the premiums for Mortgage Insuiance, Bortower shall pay the premiums required to obtain coverage <br />substanrially equivalent to the Mortgage Insuiance previously in effect, at a cost substantially equivalent to <br />the cost to Borrower of the Mortgage Insucance previously in effect, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insutance coverage is not available, Borrower shall <br />NEBRASKASinple Family-Fenn(a Mae/Fraddia Mec UNIFORM INSTRUMENT <br />VMP � <br />Woltais Kluwer Finanoiel Sarvicee <br />wnn 3oza �ro� <br />VMPB(NEJ (1105).00 <br />Pege 8 of 17 <br />/ , <br />. <br />� <br />