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��f20376i <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 inspect 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. Bonower shall be in default if, during the Loan application process, <br />Borrower or any persons or enriries acting at the dire,crion 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 information) in connection with the Loan. Material representations include, but <br />aze not limited to, representations concerning Bonower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protecfion of I.ender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />�onower fails to psrform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal pr€�ceeding that tuight significantly affect �,ender's interest itt the Praperty aad/vr rights under this <br />Security Instrument (such as a proceedin.g in banktuptcy, probate, for cand�tion or forfeiture, fos <br />enforcement of a lien which may attain priority over this Security Instrumerzt 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 Progerty and rights under this Security <br />Instrument, including pmtecring aud/or assessing the value of the Property, and securing and/or repairing <br />the Progerty. L�nc�er's actions c�n include, but are not limited to: (a) paying any sums secured by a lien <br />which has priority over this Security Instrument; (b) aPPearing in court; and (c) PaYinB reasonable attorneys' <br />fees to protec� its interest in tfie Property and/or rights under this Security Instrument, including its securec� <br />position in a bankruptcy groc�eding. Securing the Property includes, but is not limited to, entering the <br />Property to make repairs, cfiange locks, replace or board. up doors and windows, drain water from gipes, <br />eliminarP building or other code violations or dangerous conditions, and have utilities turned on or off. <br />Although Lsnder may 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 agreerl that Lender incurs no liability for not taking any or all actions <br />authorizQd under this Section 9. <br />Any amounts disbursecfi by L,ender under this Section 9 shall become add:itio�t debt 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 shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Borrower acquires fee ritle to the Property, the leasehold and the fee title 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 />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, 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 <br />VMP 0 <br />Wolters Kluwer Financial Services <br />Form 3028 1 /01 <br />VMP6(NE) (1105) <br />Page 8 of 17 <br />q ': , . <br />