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� <br />for the repairs and restoration in a singte payment or in a series of progress payments as the work is <br />completed. If the insurance or condemnation procseds are not sufficient to repair or restore the Property, <br />Borrower is not relieve� of Bonower's obligarion for the completion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and inspecrions of the Property. If it has reasonable <br />cause, Lender may insp�t 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 Applicafion. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persons or entities acting at the direction of Bonower or with Bonower's l�owledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender, with material informarion) in conne,ction with the Loan. Material representations include, but <br />are not limited to, representarions concerning Bonower'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 faiis to perform the covenants and agreements contained in ttris Security Instrument, (b) there is a <br />legal pr�ing that might significantly affect Lender's interest in the Property and/or rights under this <br />Securiry in��Rnt (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />eaforcement of a lien which may attain priority over this Security Inst�ument or to enforce laws or <br />regutations}, or (c) Borrower has abandoned the Property, then Lender ma.y do and pay for whatever is <br />reasonable or appmpriate to protect Lender's interest in the Property and rights under this Security <br />in. tim�nt iaclud.ing prateeting and/or assessing the value of the Property, aad securing and/or repairing <br />the Property. Lender's actions can include, but are not limited to: (a) paying aBy sums secured by a lien <br />whicfi has priority over this Security Instru�ent; (b) apgearing in court; and (c) paying reasonable attorneys' <br />f� to protect its interest in the Froperty andlor rights under ttus Security InsmTment, incluc}ing its secured <br />position in: � Banla�uptc� groceeding. Se,curing the Property includes, hut is not limited to, entering the <br />Psogerty to � repairs, change locks, replace os board up doors and windows, drain water from pipes, <br />eliminate building or other code violations or dangerous conditions, anc� haee utilities tumed on or off. <br />Although Lender may take action under this 5ection 9, Lender daes 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 Secrion 9. <br />Any amounts disbursed by Lender under this Section 9 shall become additionai debt of Bonower secured by <br />this Security Instniment. These amounts shall bear interest ax the Note rate from the date of disbursement <br />and s1�all be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, �rtower shall comply with all the provisions of the lease. If <br />Borrower acquires fee ritle to the Property, the leasehold and the fee tide shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Bonower <br />sha11 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 provided such insurance and Bonower was required to make separately 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 effect, at a cost substantially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6WE) (1105) <br />Wolters Kluwer Finencial Services Page 8 of 17 <br />p; �,� a ,, � �, .. <br />