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20120444; <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 are 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 insp�tions 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 inspection 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 entiries acting at the direction of Bonower or with Borrower's l�owledge or <br />consent gave materially false, misleading, or inaccurate information or stateinents to Lender (or failed to <br />provide Lender with material information) in conn�tion with the Loan. Material representations include, but <br />are not limited to, representations concerning Bonower's occupancy of the Property as Bonower's principal <br />reSidence. <br />9. Protection of Lender's Interest in tFre Property and Rights Und�r this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained ia this Security Instrument, (b) there is a <br />Iega� proce�ding that might significantly a.ffect Lender's interest in the Froperty and/or rights under this <br />Security Instru.ment (such as a pracceding in bankruptcy, probate, for condemnarion or forfeiture, for <br />eaforcemenc of a Iie� which may attai� priority aver this Security Instmm�ent or to enforce lavvs or <br />regutations), or (c) Borrower has abandoned the Froperty, then I.ender may do and pay for whaxever is <br />reasonable ar appropriate to grote.ct I.ender's interest in the Progerty aucl rights under this Security <br />Instrument, incl"� grot�ting and/or assessing the value of the Progerty, and securing and/or repairing <br />the Fropert�r. L,ender's actions can include, but are not limited to: (a) paying any sums se,cured by a Iien <br />which has priority over this Security Instrument; (b) aPPearing in court; and (c) PaYing reasonable attQmeys' <br />fees to prot�t its interest in the Property andlor rights under this Se�rity Instr�ent, including its secure� <br />pasition in a baatn�ptcy proceeding. �uring the Property incIuc�s, but is nat limited to, enteriug the <br />Property to make regairs, chaage Iocks, replacx or boarc� up daflrs a�d �rindows, draia water from pipes, <br />eliminate building or other code violarions or dangerous conditions, and have utilities turned an or ofF. <br />AIthough Lender may take action under this Secrion 9, L.ender does not have to do so and is not under any <br />duty or obligation to do so. It is agreect that I.encter iucurs no liability for not taking any or all actions <br />authorized under this Section 9. <br />An.y am�unts disbursed by Lender uuder this Section 9 sha11 become additional debt of Borrower secured by <br />this Security Tnstsument. These amounts shall bear inter�t at the Note rate from the date of disbursement <br />and shall be payable, witia such interest, upon notice from Lender to Borrower requesting payment. <br />If this Se,curity Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Bonower acquires fe,e ride to the Property, the leasehold and the fee tifle shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condirion of maldng the Loan, Bonower <br />shall pay the premiums rec}uired 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 pFemiums for Mortgage Insurance, Borrower 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 Bonower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />sel�ted by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP p VMP6�NE) (1105) <br />Wolters Kluwer Financial Services Page S of 17 <br />� V � , <br />