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20�20580� for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proc.eeds aze not sufficient to repair or restore the Property, Bonower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Bonower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in conne,ction with the Loan. Material representations include, but aze not limited to, representations conceming Borrower's occupancy of the Property as Bonower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Bonower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affe,ct Lender's interest in the Property and/or rights under tlus Se,curity Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument ar ta enforce laws or regularions), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Insmiment, including prot�ting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actious can include, but are not limited to: (a) paying any sums secured by a lien wluch has priority over this Security Instrument; (b) appeating in court; and (c) paying reasonable attorneys' f�s to protect its interest ffi the Property andlor rights under this Se.curity Instrument, including its s�ured posirion in a banl�ptcy proceeding. Securing the Property includes, but is not limited to, entering tfie Property to make repairs, change locks, replace or hoard up doors and windows, drain water from pipes, eliminate building or other code violarions or dangerous condirions, and have utiliries tumed on or off. Although Lender may take action under this Secrion 9, I.ender does not have to do so and is not under any duty or obligation to do so. It is agr�d that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall hecome additional debt of Borrower secured by this Security Instroment. These amounts shall hear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower sha11 comply with all the provisions of the lease. If Borrower acquires fee ritle to the Property, the leasehold and the fee ritle shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Bonower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Bonower of the Mortgage Insurance previously in effe,ct, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot VMP Q VMP6(NE) (1105) Wolters Kluwer Financial Services Page 8 of 17 � �? ; �1 : � , ,� � ,' 9 `T.8