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201203433 <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 aze not sufficient to repair or restore the Property, <br />Bonower is not relieved of Bonower'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 inspe�t the interior of the improvements on the Property. Lender shall give Borrower <br />norice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall he in default if, during the Loan application process, <br />Borrower or any persons or entities acting at the direction of Borrower or with Bonower'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 />aze 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 Properly and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />Iegal graceeding that might significantly affect Lender's interest in the Property and/or rights under this <br />Secuu�ty I�trument (such as a proceeding in bantffuptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien whicfi may attain priority over this Security Instrument or to enforce laws or <br />regaiation,c), or (c) Borrower has abandoned the Property, then Leuder may do and pay for wbatever is <br />reasanable or appmpriate to prot�t I�nder's interest in the Progerty and rights under this Security <br />I�sstrument, incIuding protecting aIIdlor assessing the vaIue of the Properly, and securing and/or repairing <br />the Property. Lender's actians c�n include, but are not limited to: (a) paying any svms secu.red by a lien <br />v�hicia has priority over tIiis Security Iastrument; N) aPpearing in court; and (c) PaYing reasonable attorneys' <br />f�s to protect its interest in the Progerty andJor rights under this Security Instrument, incIuding its s�ured <br />position in a ban�uptcy proceeding. Securing the Property includes, but is not limit� to, entering the <br />Progeriy to make repairs, change locks, replace or board up doors and windows, drain vvater from pipes, <br />el�te bvilding or other code violatians or dangerous condirions, and have utilities tumed on or off. <br />Although Lendea �ty 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 aIl actions <br />author'rEed under this Section 9. <br />Any a�ounts disbursed by Lender imder this Se.ction 9 shall hecome additional deht of Borrower se,cured by <br />this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shatl be payable, with such interest, upon notice from Lender to Bonower requesting payment. <br />If this Se,curity Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br />Borrower acc}uires fee title to the Property, the leasehold and the fee title shall not merge unless Lender <br />agr�s to the merger in writing. <br />1 O. Mortgage Insurance. If I.ender required Mortgage Insurance as a condition of making the Loan, Bonower <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 separately designated payments <br />towazd the premiums for Mortgage Insurance, Borrower sha11 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 substantially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-S(ngle Famfly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMP6(NEI (11051 <br />Page 8 of 17 <br />�. � > .. <br />