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<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 Properly,
<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 inspections of the Property. If it has rcasonable
<br />cause, Lender may inspect the interior of the improvements oil 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 entities acting at the direction of Borrower or with Borrower'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 connection with the Loan. Material representations include, but
<br />are not limited to, representations conrorning Borrower's occupancy of the Property as Borrower's principal
<br />residenoe.
<br />9. Protection of Lender's Inteeest in the Property and Rights Under this Security Instrument. If (it)
<br />Borrower falls 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 tinder ibis
<br />Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for
<br />enforcement of a lien which may attain priority over tb,is Security Instrument or to enforce laws or
<br />regulations), or (c) Borrower has abandoned the Property, then Under may do and pay for whatever is
<br />reasonable or appropriate to protect Lender's interest in the Properly and rights tinder this Security
<br />Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing
<br />(he Property, Lender's actions can include, but are not limited to: (a) paying any suirts secured by a lien
<br />which has priority over this Security Instrument; (b) appearing in court; and (o) paying reasonable attorneys'
<br />fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured
<br />position in a bankruptcy proceeding. Securing the Property includcs, but is not limited to, entering tbe
<br />Property to make repairs, change looks, replace or board up doors and windows, drain water from pipo,
<br />eliminate building or other code violations or dangerous conditions, and have Utilities turned on or off.
<br />Although Lender may take action under this Section 9, Leader does not have, to do so and is not under any
<br />duty or obligation to do so. It is agreed that Lender incurs no liability for no[ taking any or all actions
<br />authorized under this Section 9,
<br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by
<br />this Security Instrument. These amounts 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 Borrower requesting payment,
<br />If this Security Instrument is oil a Icasehold, Borrower shall comply with all the provisions of the lease. If
<br />Borrower acquires fee title to the Property, the leaschold and the fee title 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. Lonfl, Borrower
<br />shall pay the premiums required to maintain the Mortgage Insurance in effect. 11, for my rQason, the
<br />Mortgage Insurance coverage, required by Lender ceases to be available from the mortgage insurer thal
<br />previously provided such insurance and Borrower wits required to triake separately designated payments
<br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage
<br />subsiaraislly'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 all alternate mortgage insurer
<br />,selected by Lender. 11'substautialty equivalent Mortgage Insurance coverage, is not available, Borrowcr shall
<br />240C145a
<br />NEBRASKA-Sirgle FamlIV-Fennia MaclFraddic Mac UNIFORM INSTRUMENI FGTIrr 3028, i)ai
<br />VMP � VNIP6(NEI i OE)
<br />Writers Kluwer Fwaiii,lal Services P,� 8 cf I /
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