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201 205�0� <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 />Borrower 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 sha11 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 entities acting at the dir�tion of Borrower 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 informarion) in conne,ction with the Loan. Material representations include, but <br />are not limited to, representations concerning Borrower's occupancy of the Property as Bonower's principal <br />residence. <br />9. Protecfion of Lender's lnterest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements eontained in this Security Instrument, (b) there is a <br />legal prQCeeding thai might significantly affect Lender's interest in the Property and/or rights under this <br />Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien whicli may attain priority over this Security Instrument or to enforce Iaws or <br />regulations), or (c) Borrower has abandoned tSie Froperiy, then Irender may do anct pay for whatever is <br />reasonable or appropriate to protect Lender's interest in the Frogerty and rights under this Security <br />Instrument, includiag protecting and/or �ing the value af the Properiy, and securing and/or repairing <br />the Property. Lender's actians can include, but are not limited to: (a) payiag any s�s secure,d by a lien <br />which has priority over this Security Instrumeat, (b) appearinS ia court; and (c) PaYing reasonable attomeys' <br />fe�.s to prot�t its irnerest in ihe Froperty andlas rights under this Security Instrument, including its �ured <br />position in a banl�uptcy proceeding. Securing tke Properly includes, but is not limited to, entering the <br />Praperty to make repairs, ckange locks, replace or board up doors and windows, drain water from pipes, <br />eliminate building or other code violarions or dangerous conditioffi, and have utilities turned on or off. <br />Although Lender may take action under this S�t.ion 9, Lender does not trave to do so and is not under any <br />duty or obligation to do so. It is agre,ed that Lender incurs no liability for not talQng any or all acrions <br />authorized under this Section 9. <br />Any amounts ctisbursed by Lender under tlus SectioII 9 shall become additional debt of Borrower secured by <br />this 3ecurity Instrument. These amounts shall bea,r 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, Borrower shall comply with all the provisions of the lease. If <br />Borrower acquires f� title to the Property, the leasehold and the fee tide shall not merge unless Lender <br />agrees to the merger in writing. <br />'t0. Mortgage {rtsurance. 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 separately designated payments <br />toward the premiums for Mortgage Insurance, Bonower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Bonower 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 sha11 <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mec UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMPBINE) (1105) <br />Page 8 of 17 <br />, r , .�� <br />