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201 20454� <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 />Borrower 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 inspecrions 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 inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan applicarion process, <br />Bonower or any persons or enrities acting at the direction of Bonower or with Borrower's l�owledge or <br />consent gave materially false, misleading, or inaccurate informa.tion or statements to Lender (or failed to <br />provide Lender with material information) in conne,ction with the Loan. Material representations include, but <br />are not limit� to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrurrient. If (a) <br />Borrower fails to perform the covenants and agreements contain�i in this Security Instrument, (b) there is a <br />legal proceeding that might significantly affect Lender's interest in the Properly andJor rights under this <br />Se,curity Inst�vment (such as a proceeding in bankruptcy, probate, for condemuation or forfeiture, for <br />enforcemerrt of a lien �+hich may attain priority over this Security �nstrnment or to enforce lavvs ar <br />regutations), or (c) Borrower has abandoned the Property, then Lender �.y do and pay for wl2atever is <br />reasonable or a�pmpriate to grotect I.ender's interest in the Properry aIId rights under this 5ecurity <br />Instrc�ment, i�cIudiag protecting and/ar assessing the value of the Progerty, ancfi securing andJor rePairing <br />the Fropertx. Len�er's actions c�n. incIude, but are not limited to: (aj PaYmg a�Y s�s secured hy a lien <br />wh,ich has privrity over this Security Im�va2ent; N) aPPearing in court; aa�d (c) FaYiag reasonable attomeys' <br />fees to protect its iaterest in tiie Property audlor rights under this Se,�urity �nstruinent, ineluding its �u�ed. <br />position in a ba�uptcy proceeding. �uring the Progerty includes, but is not Iimited to, entering the <br />ProperEy to matce repairs, change locks, replace or board up doars aad win,dows, drain water front pipe.s, <br />eliminate buitcling or other code violatians or dangerous conditians, aad fiave urilities turned on or off. <br />Although Lender may take action under this Section 9, Lender does nat have to do so and is not under any <br />duty or obligation to do so. It is agreed tbat Lender incurs no liability for not taking azry or all actions <br />authorized under this Section 9. <br />Any amovnts disbu,rsed by L,ender under this Section 9 shall become ad�tional debt of Borrower se.cured by <br />ttus Seeurity n��nt. These amounts shall bear interest at the Note rate from the date of disbursement <br />aad shall be payable, with such interest, upon norice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the Iease. If <br />Borrower acquises fee title to tfie Property, the leasehold and the fee tide 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 />sha11 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 />toward the premiums for Mortgage Insurance, Bonower 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, Bonower shall <br />NEBRASKA-Single Famfly-Fennle Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Woltera Kluwer Financfal Services <br />Form 3028 1l01 <br />VMP6�NE) (1105) <br />Page 8 of 17 <br />�i <br />