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201206070 <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 />Len& --T 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 Borrower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrowers Loan Application. BorTower shall be in default if, during the Loan application proceqs, <br />Borrower or any persons or entities acting at the direction of Borrower or with Boirrower'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 concerning Borrower' s occupancy of the Property as Borrower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Pights Under this Security Instrument. If (a) <br />Borrower fails 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 this <br />Security Instrument (such as a proceeding in bankruptcy. <br />� probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is <br />reasonable or appropriate to protect Lender's interest in the Property and rights Under this Security <br />Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing <br />the Property- I-cridee s actions can include, but are not limited to: (a) paying any sums secured by a lien <br />which has priority over his Security instrument; (b) appearing in court; and (c) paying reasonable attorney.-,' <br />fees to protect its interest in the Property andJor rights under this Security histrumcm, including its secured <br />position in a bankruptcy procceding. Securing the Property includes, but is not limited to, entering the <br />Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <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, Lender 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 not 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 on a leasehold, 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 />agrees. to the merger in writing, <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br />shall pay the premiums required to maintain the Mortgage hismance 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 preriniums for Mortgage Insurance, Borrower shall pay the premiurns required to obtain coverage <br />substantially 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, Borrower shall <br />NEBRkSKA-Single `am1[y-Fann!eMaa1FrMd1e Mac UNIFORM INSTRUMENT 24001528 <br />F.r. 3028 1 fO I <br />VW,P@ VM P64NE " <br />Wdt ... Kl,,. �, F,,,, �i�l 9e) 3 f17 <br />