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201207612 <br /> for the repairs and restorati�n in a singlz payment or in a series of progress payments as the work is <br /> completed. If the insurance or condernnation proceeds are not sufficient to rcpair or restnre the Property, <br /> Borrower is not relieved of Borrower's obligation for the completio�2 of such repair or restacarion. <br /> Lender or its agcnt may make reasonable entries upon and inspections of the Property. If it has rcasonable <br /> cause, Lender may inspect the interior of the improvements oa the Property. Lender shall give Borrower <br /> notice at the time of or prior to such an interior inspection speciSying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in default if; during the Loan applicarion process, <br /> Borro�er or any persons or enhilies acting at the direction of Borrower or witli Borrower's knowledge or <br /> consent�avz materially false, misleading, or inaccw-ate information or statements to Lender(or fuled to <br /> provide Lender with material information) in connecrion with the Loan. Material representatiotis include, but <br /> � are not lunited to, representations concertung Borrower's occupancy of the Propex'ty 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 Pails to perform the covenants and agreements contained in this Security Instnixnent, (b)there as a <br /> legal proceeding that might si�ificanfly affect Le.nder's vrterest In flie Progeriy and/or r�ghts under this <br /> Security Instrument(such as a proceeding in banlmiptcy, probate, for condemnation or forfeiture; for <br /> enforcement of a lien which may attair.yriority over this Securiry Instrument or Co enforce laws or <br /> regulations), or(c) Borrower has abandoned the Prqpeiry Shen Lend�may do and pay fot whatever is <br /> reasonable or appropriatc to protect Lender's interest in the Property and rights Luider this Security <br /> Instnunent, including pxotecting and/or assessing the value of the Property, and sccuring and�or repairing <br /> the Properry. Lender's actioas can utclude, but are not lanited ta (a)paying any sians secured by a lieu <br /> wlvch hzs prioriry over flus Security Tnstrirment; (b) appeazing in court; and(c)paying reasonable attomeys' <br /> fees to protect its inierest in the Properry and/or rights under this Security Inslrument, including ifs secured <br /> position in a bankniptcy proceeding. Secvring the Properry inclucles, Unt is not limitecl to, entering the <br /> Property to inakc rcpairs, change lodcs, replace or board up doors and windows, c3rain water from.pipes, <br /> eluninate building or other code violations or dangerous conditions, and have utilities turned on or off. <br /> Although Lender may take action under flus Secrion 9, Lender does not have to do so and is not undcr any <br /> duty or obligation to do so. It is agreed that Lender incurs no liability for not tak3ng any or all actions <br /> authorized under this Secrion 9_ <br /> At�y amounts disbursed by Lender under [his Secrion 9 shall become additional debt of Borrower secured by <br /> fhis Secuzity Insfrument. These axnounts shall beaz interest at the Note rate from the date of disbursement <br /> and shall be payable, with such interest, upon nofice from Lender to Borrower rcquesting payment. <br /> If this Secnrity InsHumant is on a lea5chold, Borrower shall comply with all tlie provisions of the lease. IP <br /> Borrower acquires fee title to the Piopeiry-, the leasehold and�fhe fee title shall not merge unless Lender <br /> agzees to tfie tuager in wriring. <br /> 10. M ortgage Insurance. If Lender required Mortgage Insurance as a condi6on of m_aking the Loan, Borrower <br /> sha1L pay the premiwns required to maintain the 1VIprtgage Insurance in effect C€, for any reason, the <br /> Mortgage Insurancc covcrage required Uy Lender ceases to be available from the mortgage insurer lhat <br /> previously provided such insurance and Bonower was required to inakc sepazately designated paymenls <br /> toward the premiums for Mortnage Insurancz, Borrov✓er sha11 pay the preauums required to obtain coverage <br /> substankally equivalent fo tfie Mortgage Insurance previously In effect, at a oost suUstantially equival�nt W <br /> the cost to Borrawer of the Mortgage Insurance previously in effect, from an altemate mortgage insurer <br /> sclected by Lendcr. 1£substanrially equivalent Mortgage Ins�uance coverage Is not available, Boirawer shall <br /> zaaazizi <br /> NEBRASKA-Single Famlly-Fannie b:ae✓Fretltlis M11 ac UNIFORid INSTRUM ENT Form 3028 1I01 <br /> VbIP� VMP6(NE)(1 i05) <br /> W o!te;e Kluwer Flnandal Services Pyg9 g oi 1] <br />