Laserfiche WebLink
20120669� <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 />Bonower is not relieved of Bonower's obligarion 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 Properly. Lender shall give Bonower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Bonower shall be in default if, during the Loan application process, <br />Borrower or any persons or entities ac�ing at the direction of Borrower or with Bonower'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 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 Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agr�ments contained in this Se�curity Instrument, (b) there is a <br />Iegal proc,�ding that might siguifscantly affect Lender's interest in the Property and/or rights under this <br />Security Tnst�ment (such as a proceeeiing iII bankruptcy, probate, for coademnation or forfeiture, for <br />enforcemeitt of a Iien which may attain priority over this Security Instrument ar to enforce laws or <br />regaiations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is <br />reasonable or aggropriate to pmtect Lencter's interest in the Property arn� rights under this Security <br />Instrem�ent, incIudffig protecti�g a�/or assessing the value of the Property, and seetttiag andlor repairing <br />the Progeriy. �.eader's actions care Yaclude, but are not limited to: (a) paying any sums secured by a lien <br />which bas gric�rity ov�er tltis Security Ias�ument; N) aPPearing in eourt; �cd (c) PaYying re�nable attomeys' <br />fees to protect its iateresC in tbe PFO�erty a�/or rights under this Security Instrument, including its secured <br />positiaa ia a ban�tptcy proceediag. Securing the Froperty includes, but is not Iimited to, enteriag the <br />ProperEy te � repairs, chaage Iocks, repl�e ot i�ard up doors aad wiudovas, drain �ter fro�xe pipes, <br />eliminate buiYding or other code vivlabioffi or dangerous conditions, and have utilities tumed on or vff. <br />Although Lender may take actioa �mder tlzis Secrion 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 liabitity for not taking a�y or all �tions <br />autharized under t&is 5ecrion 9. <br />Any amovarts dishursed by �,en�er under ti�is �rion 9 shall become additional debt of Borrower secured by <br />this Security Znsttument. Tfiese a�nounts shall hear interest at the Note rate from the date of disbursement <br />and shall be payable, with such interest, upon norice from Lender to Bonower requesting payment. <br />If tlus Security Instrument is on a leasehoId, Borrower shall comply with a11 the provisions of the lease. If <br />Bonower acquires fee ritte to the Property, the leasehold and the fee ritle 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 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 requirerl 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 eff�t, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financ(al Services <br />Form 3028 1 /01 <br />VMPB W E) 17105) <br />Page 8 of 7 7 <br />6 <br />