201201755 - Laserfiche WebLink

Browse

201201755 for the repaus and reatoration in a single payment or in a series of progress payments as the work is completed. If the+nc�,ranrP or condemdy�lon pmc�ds ffie not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion oF such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it Laz reasonable cause, I.ender may insp�t the interior of the improvements on the Property. Lender shall give Borrower �tice at the time af or prior to such an interior inspection sp�ifying such r�sonable cause. 8. Borrower's Loen Application. Borrower shall be in default if, during the Loan applicazion process, Borrower or any persons or entities acting at the dir�tion of Borrower or with Borrowet's knowledge or consent gave materially faLse, misleading, or inaccutate information or stateme�ts to Lender(or failed to provide Leader with materiai information)in cormec[ion with the Loan. Material representations include, but are not limibed to, representations conceming Borrower's occupancy of the Property as Borrawer's principal residence. 9. Protection of Lender's Interest in the Praperty end Rights Under this Security Instrument. If(a) Borrower fails to perform the wvenants and?g*�*�+�+ts oontained in this Security Instrument, (b)there is a legal procceding H�at might significantly affect LendePs interest in the Property and/or rights under this Senurity Instrument(such as a proc�ing in banlQUptcy,probate, for condemnarion or forfeiture, For enforcement of a lien wlrich may attain priority over this Security Insrrument or to enforce laws or regulations), or(c)Borrower has abandoned the Property, then Leader may do and pay for wLatever is reasonable or appropriaze to protect Lznder's interest in the Property and rights under this S�urity Instrument, induding prot�ting and/or assessing the value of the ProPeriy, and s�uring and/or repairing the Pmperty. Lender's actions can include,but are not limited to: (a)Paying anY s�.c secured by a lien wlrich has priority over tlris SecuritY Instrument; (b) aPPeazioB in court; and(c)payinS reasonable attomeys' fces to prota;t its interest in the Property and/or rights under tbis Security in�r",..�,t, including its secured posirion in a bankruptcy proceeding. Securing the Property includes,but is not limited to, entering the Property to make repairs, change locks, replace or boazd up doors and windows, drain wazer from pipe.s, eliminate building or other code violations or dangetous conditions, and have utilities tumed on or off. Although Lender may take action under Uris S�tion 9, Lender daes not t�ave to do so aad is not under arry duty or obligation to do so. It is agreEd that Lender incurs no liabiliry for not taking any or all acdons authorizeci uoder this Section 9. Any amounts disburs�by Lender under tLis Section 9 shall become additional debt of Borrower secured by this Secnriry 1nsm�ment. 1�ese awounts shall bear interest at the Note rare from the date of disb„*��t and shall be payable, with such interest,upon notice from Lender to Borrower requesting payment. If tLis Security In, ,menr�on a leasehold, Borrower shal] comply with all the provisions of the lease. If Borrower acquires f�title to the Property,the leasehold and the fee tifle shall not merge unlass Lender agrces to the merger in writing. 70. Mortgage Insurence. If Lender requixed Mortgage Insurance as a condition of making the I.oan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. IF, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage�++��*P*that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the prP,,.n,+++e required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to [he wst to Borrower of the Mortgage 1nc�,*anrP previously in effe�t, from an altemate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall PIEBRASKA-Sliqla Femily-Fennie Mea/Fretltlie Mec UNIFOHM INSTPUMEM' Fortn 9028 1/Ot uMP� VMPB�NE1111051.00 Wolwrs Nluwer Flnanclal5enicee Page S of 17