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2012065�� <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 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 insp�t 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. Borrower's Loan Applicafion. Bonower shall be in default if, during the Loan application process, <br />Borrower or any persons or entiries acting at the direction of Bonower 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 representarions include, but <br />are not limited to, representations concerning Borrower's accupancy of the Property as Bonower's principal <br />resiclence. <br />9. Protecfion of Lender`s Interest in the Property and Rights 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 proeeediag that might sigui�tcantty affect Lender's interest in the Property and/or rights under this <br />�ity Instn�ment (such as a proceeding in baalQetptcy, p�obate, for condemnation or forfeiture, for <br />enforcement of a Iien which may attain priority over this �curity Tnstr��eT►_r or to enforce Iaw+s or <br />regulations), or (c) Borrower has abandon� the Property, then Lender may cto and pay for whatever is <br />re�soffi.ble or aggrapriate to protec¢ L�nc�er's interest in the Property and rights under this Security <br />IIISir�ent, inciuding grotectmg and/or asse�sing the value of the Property, and securing and/or repairing <br />the P�rty. F,.�de�'s actions can nsclude, but are not Iimited ta: (a) paying any s�ms secured by a lien <br />which has prioritg Q�er this Secttrity �Strtunent; (b� appeariag in court; anc� (c) paying reasonable attomeys' <br />fees to protect its iaterest in the Fmperiy and/or rights u�er this Security Instnm�ent, includi�g iLs secured <br />positian in a bankc�.gtey grocced.iag. Securing the Property includes, but is not Iimited�. to, enteriag the <br />Progerty ta make repaias. ch�rcge Iocks, replaee or boatd up doars aicd window+s, draia water from pipes, <br />elimiaate buitdiag or other c�cbe violations or dangerous canditions, and have utilities tumed on or off. <br />Although Lendes may take actiaa under this Sect�ion 9, Lender does not have to do so aad is not under any <br />duty or obligation to do so. It is agreed that Lender incurs no Iiability for not taldng any or all actions <br />autkorized under t�is S�tioa 9. <br />A,ny amc�tmts dishurse� by Lender under this Section 9 shall b�ome additional debt of Borrower secured by <br />t�is Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />a� sball be payable, with such interest, upon notice from I.ender to Bonower requesting payment. <br />If this Secutity Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Borro�s+er acquires fee title to the Property, the leasehold and the fee title shall not merge unless I.ender <br />agr�s to the merger in writing. <br />10. Mortgage lnsurance. If Lender required 1VIortgage Insurance as a condirion of making the Loan, Bonower <br />shall 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 �n� 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 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 />NEBRASKA-Single Family-Fannte MaelFreddle Mec UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Serv(ces <br />Form 3028 1/07 <br />VMP6WE) 11105) <br />Page 8 of 17 <br />�. <br />