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20120435� <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 aze 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 Bonower <br />notice at the time of or prior to such an interior inspe.ction 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 enrities 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 I.ender with material information) in connection with the Loan. Material representations include, but <br />are not limited to, representations cancerning Borrower's occupancy of the Property as Borrower's principal <br />resideeu.ce. <br />9. Protectioe� of lender's Interest in tE�e Property and Rights Undec this Secur�ty Fnstru�rr�nt. If (a) <br />Borrower fails to perform the covenants and agr�ments contained in this S�urity Instrument, (b) there is a <br />Iegat �ing that might significantly affect Lender's interest in the Property and/or rights under this <br />5�urity IIIS�megt (such as a pr�ing in bankruptcy, probate, for conde�ation or forfeiture, for <br />enforc�ment of a Iien v�+Isich may attain priority over this Security �str�ment or to enfarce laws or <br />regutatioas}, ar (c) �orrower has abandoneci the Property, then Lender may do and pay for whatever is <br />reaso�Ie or appropriake to prot�t I,.�der's interest in the Properiy arn� rights under this Security <br />Instct�, fficluding protecting and/or assessing the value of the Property, ancY s�uring and/or repairing <br />t�e Fm�. Leader's actions can, inclucfie, but are not linTited to: �a� paying any sums se.cured by a lien <br />whicFa bas prioMty over this Security T�trument; (b) appearing i� court; and (c) paying reasonable attorneys' <br />fe.es to proted its inter�t in the Property arcd/or rights under this �ecurity Iastrument, iacludiag its secured <br />positio� ut a banl€r�.ptcy proceeding. Se,curing the Praperiy include.s, but is not limited to, entering the <br />Property to make repaars, change Iocks, replace or boarc}. up dovrs a� windows, drain water from pipes <br />elimin�te brulding or other code violations or dangerous conditions, and have utilities turned on or off. <br />Although Len�er may take action under this S�tion 9, Lender does not have to do so and is not under any <br />duty or obligation to do so. It is agre.ed that Lender incurs no Iiability for not taking any or all actions <br />authoriaed under this Section 9. <br />A�ny affioimts disbursed by Lencter under this Section 9 shaip become additional debt of Borrower se.cured by <br />t�ris Seeurity Instrument. These amounts shalI bear interest at the Note rate from the c�ate of disbursement <br />and shall be payable, with such interest, upon norice from Lender to Bonower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br />Bonower aequires fee title to the Property, the leasehold and the fe,e tifle 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 maldng the Loan, Bonower <br />sha11 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 />towatd the premiums for Mortgage Insurance, Bonower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in eff�t, 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 Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer F(nanc(al Servlces <br />Form 3028 1 /01 <br />VMP6(NE) (1705) <br />Page 8 of 17 <br />^ � ,� ^ .a� d ; �. a ` •t <br />