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20�20�9�� <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 are not sufficient to repair or restore the Properly, <br />Bonower is not relieved of Bonower's obligarion 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 Borrower <br />notice at the time 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 />Bonower or any persons or entities acting at the direction of Bonower or with Borrower's lrnowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to L,ender (or failed to <br />provide Lender with material informarion) in connection with the Loan. Material representations include, but <br />are not limited to, representarions 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 />Borrower fails to perform the covenants and agr�ments containe� in this Security Instrument, (b) there is a <br />legal proceeding that might signif�cantly affe,ct Lender's interest in the Praperty and/or rights under this <br />See�rity Insixument (such as a proceeding in banlmtptcy, probate, for cond�mnation or forfeiture, for <br />enforcement of a lien which may attain priority over this S�urity Iastrument or to enforce laws or <br />regutations), 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 an� rights under this Security <br />Instrument, includiag prote,cting and/or assessing the value of the Property, and securing and/or repairing <br />the Property. L,ender's actians can include, bux are not limited to: (a) gayiag any sums secured by a lien <br />wluch has psiority over this Secu�,ty Iastrumeat> �b) aPP�S in c.ourt; �d (c) paying reasonable attorneys' <br />fees to gmtect its interest ir� tke Pmperty aIId/or rights �der this Secvrity Imstrument, including its s�ured <br />position in a bankruptcy procending. Se�tt�ing the Property includes, but is not limited to, entering the <br />Froperty to make repairs, cl�ange tocks, repIace or boud up doors and windows, drain water from gi�s, <br />eliminate builc�ing or other c�e violations vr dangerous conditions, and have utiliries tumed 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 am�unis disbursed by Lender uader this Secrion 9 shall become additionai debt of Borrower secured by <br />this Security Instn�nent. These amounts sha11 bear interest at the Note rate fram the date of disbursement <br />azcd shail be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower 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 />agrees to the merger in writing. <br />10. Ilflortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Bonower <br />shall pay the premiums required to maintain the Mortgage Insurance in effe,ct. 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 separately designated payments <br />towazd the premiums for Mortgage Insurance, Bonower shall 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 Borrower of the Mortgage Insurance previously in effect, from an altemate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannfe MaelFreddle Mac UNIFORM �NSTRUMENT <br />VMP � <br />Woiters Kluwer Financial Servic� <br />Form 3028 1/Ot <br />VMP61NE1 (1105) <br />Page 8 of 17 <br />