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201205134 <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 proc.eeds aze not suff'icient to repair or restore the Property, <br />Bonower is not relieved of Bonower's obligarion 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 inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Bonower or any persons or enriries acting at the direcrion of Bonower 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 conn�rion with the Loan. Material representations include, but <br />are not limited to, representarions concerning Bflnower'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 Securiiy Instrument. If (a) <br />Borrower faits to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal proceeding that might significantly affect Lender's interest in the Property and/or rights under tFus <br />Security Instxument (such as a groce�ing in. banlctuptcy, probate, for co�demnation or forfeiture, for <br />enfvrcement of a lien which may attain priorit}� over tlus Security Tnsmament or to enforce laws or <br />regulatio�s}, or (c) Borrower has abandoned the Property, then I.ender may do anr� pay for whatever is <br />reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br />Instrumertt, includiag protecting and/or assessing the value of the Properly, and securing and/or repairing <br />tke Progerty. Lender's actions can include, but are not limited tv: (a} payiag any sums secured by a lien <br />which has priority over this Security Instrument; (b) aPpeariag in court; anc� (c} paying reasonable attorneys' <br />fe,es to protect its interest in the Property anc�/or rights under this Securiry Instrunzent, including its secured <br />�sition in a banl�ptcy praceeding. Securing the Property inclu�es, but is not limited to, entering the <br />Froperty to make repairs, change locks, replace or board up doors and windows, drain water from piges, <br />eliminate building or other code violations or dangerous conditions, and have utilities tumed on or off. <br />Although Lsnder may take acrion under this Secrion 9, Lender doe.s nat have to do so and is not under any <br />duty or obligation to do so. It is agre,�i that Lender incurs no liability for not taking any or all actions <br />authorized under this Section 9. <br />Any amounts disbursed by �,ender under this Secrion 9 shall h�;ome additionai ctebt of Borrower secured by <br />this Security Instrument. These amoimts 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 �orrower requesting payment. <br />If this Security Instrument is on a Ieasehold, Borrower shall comply with all the provisions of the lease. If <br />Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender <br />agre,es to the merger in writing. <br />?0. IVlortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br />shall pay the premiums re,c}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 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 substanrially equivatent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6INE) (7105) <br />Wolters Kluwer Financial Services Pege 8 of 17 <br />