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�0�20�037 <br />for the repairs and testoration in a single payment or ia 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 />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasona.ble <br />cause, Lender may inspect the interior of the improvements on the Ptoperty. Lender shall give Borrower <br />❑otice at the time of or prior to such an interior inspection specifying such reasona.ble cause. <br />8. Borrower's Loan Application. Borrower sha11 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 ma.terially 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 Bortower'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 covena.nts and agreements contained in this Security Instrument, (b) there is a <br />legal proceeding that might signif'icantly affect Lender's interest in the Property and/or tights under this <br />Security Instrument (such as a proceeding in banktuptcy, probate, for condemna.tion or forfeiture, for <br />enforcement of a lien which ma.y attain priority over this Securiry Instrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Properly, then Lender may do and pay fot 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. Lendet's actions can include, but are aot limited to: (a) paying any sums secured by a lien <br />which has prioriry over this Securiry Instrument; (b) appearing in court; and (c) paying reasonable attorneys' <br />fees to ptotect its interest in the Property and/or rights under this Security Instrument, including its secured <br />position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, eatering the <br />Properiy to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br />elimina.te building or other code violations or dangerous conditions, and ha.�e utilities turned on or off. <br />Although Leader may take action under this Section 9, Lender does not ha�e to do so and is not under any <br />dury or obligation to do so. It is agreed that Lender incurs no liabiliry for not taking any or a11 actions <br />authorized under this Section 9. <br />Any amounts disbursed by Lender under this Section 9 sha11 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 sha11 be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Bortower sha11 comply with a11 the provisions of the lease. If <br />Borrower acquites 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 />sha11 pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lendec ceases to be available from the moRgage insurec thax <br />previously provided such insurance and Borrower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Borrower sha11 pay the premiums required to obta.in 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 alterna.te mortgage insurer <br />selected by Lender. If substa.ntially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1l01 <br />VMP p VMP61NE1 11105).00 <br />Wolters Kluwer Financial Services Page 8 of 17 <br />