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20120272� <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 procceds are not sufficient to repair or restore the Property, <br />Bonower is not relieved of Borrower's obligation 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 inspecrion 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 entities acting at the dir�tion of Bonower or with Borrower'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 connection with the Loan. Material representations include, but <br />aze not limited to, representations concerning Borrower's occupancy of the Property as Bonower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security lnstrument. If (a) <br />Borrower fails to perform the covenants and agre,ements contained in this Security Instrument, (b) there is a <br />legal proceeding that might significandy affect Lender's interest in the Property and/or rights under this <br />Security Instn�ment (such as a proceeding in bankruptcy, 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 />Instniment, including protectin.g azcd/or assessing the value of the Progerty, azcd securing and/or repairing <br />the Property. Lender's actions can i�Iude, but are not Iimited to: (a) paying any sums secured by a lien <br />wluch has priority over this Security Instrument; (b) apgearing in court; and (c) paying reasonable attomeys' <br />fees w prote.ct its interest in the Property and/or rights under this Security InstYUment, including its secured <br />position in a bankrnptcy proceeding. 5ecuring 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 c.oc�e violations or dangerous conditions, aud have utilities turned on or ofF. <br />Although Lender may take acrion under this S�tion 9, Lender dces not have to do so and is not under any <br />duty or ohligation ta do so. It is agree� that Lender incurs no liability for not taking any or all actions <br />authorized under this Section 9. <br />Any amourns disburs� by Leader under this Section 9 shall become addirional debt of Borrower secured by <br />this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shall be payable, with such interest, ugon notice from L,eIIder to Bonower requesting payment. <br />If this S�urity Instrument is on a leasehold, Bonower sha11 comply with all the provisions of the lease. If <br />Borrower acquires fee title to the Property, the leasehold and the fee ritle 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, Borrower <br />shall 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 Borrower was required to make sepazately 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 Bonower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />sele,cted by Lender. If substanrially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-Single Family-Fennle MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Services <br />Form 3028 1 /01 <br />VMP6INE) (7105) <br />Page 8 of 7 7 <br />