201210954 - Laserfiche WebLink

Browse

201210954 for fl�e rcpairs and r�storation iu a single pa�5nnent or in a series of progrese payixients as�lie wark is oompleted. IF hlie inauranoe or oondeinnaEion procceds arc not suffiicie�iE to repair or restnre Uie Property,. Borrower is not relieved of Barrowet's obligetion for Che oompleUion oP such ropaij•or restoration. Lendar ar ite agent m�y mak�reasonlble entrie�upon and inspectione of tho Property. If it has reasonal�le cause, L,endar may inspect the interior of the improvements on the ProperLy. Lender shatl give Boreower notice at fl�e rime of or prior to siich an interior iaspection specifying suol�teasonable cause. 8. Borrower's Loan Application. Rorrower shall Ue in dei��ult if, during the Loan applicntionprocess, Borrowcr or auq pomons or entiNcs acting at tho direcYion of Borrowe�' or with Rorrower's]mowledge or conaenf gave mnterinlly false, nvsleading, or inaceuraCe in�Formalion or slalemenfs Co Lci�doe (or failcd to provide Lender with material informatiou) in coiuiection witli Che Loau. MaCerial represeutations inolude, but arc nnt limitcd to, tcpresentations couccrnin�Borrowe�'s occupancy of the Property as Rarrower's principal residcnco. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) Borrower P1ils Io perPonn Che covenanls tu�d ageements oonCained in Hiis Securily InsLriunenf, (b) I.here ia a legal proceeding that might significnnfly affect Lender's interest in the Property and/or righYs under thie Seourity Instrument(such as a proceeding in UaiilnLtptoy, probate, for condemnation ox forfeitura, for enforce�nent of a lien which may attaiii priority ovfn'Ehis Securitiy Inst��ml�cnt or to enforoe lawe or regula[ions), or (c�Borrower hns pbandoned the Property, then Lender mmy do and pay for whatever is reasonable or appropriate to protect Leuder'e interest in Uie Properry and riglrts mider Uus Security Iustrument, including protiectin�;ancVor assessing the value of tho Property, and 5ecuring and/c�r rcpairi��g the Property. I,�nidar's actions can includo, 6uC are�noL lin�iteci fo: (a)paying eny sutns sanured 6y a lien which has priorit}�over lhis Secnrify Hishrument; (b) �ppeariug in court, end (c)paying reneonable atYorneys' fees to pratect its interest in the Property and/or rights tuider iliis�Security Ilistrwnent, including its semired position in a banlauptey proceediug. Secunng the Propu�'iy includeF, b�rt is not liv�ited to, cntcriug thc Proporty to malm rcpttira, chango locka, re�lace or boaxd up doors and windows, drniu water from pipes, eliminnte buildiug or other cade vlolations or darigerous conditions, and hava utilities turned on ox oif'. Although Lender may talce action uuder tl�is Section 9, L ciider does not 1�ave to do Fo and iti not unelor any duty or obligation to do so. IC is agreed hhait Lender inours no liability for ziot t�lcing any or�II�actiona aufhorized wider this Seotion 9. Any aanouuta disUursed Uy I,ender under this SwHon 9 sh�ll hecume additional debC of Borrower secured by this Security insh'umont. The.a�ammmCs shall bear intereat�C tlie Note rate fi•om the date of diaburaement and shall be pny�ble, with such interest, upon notioe fi•om L,ender to Borrower requesting payinant. If thie Secm�ity I�iahlm�eiil ie on n le�sehold, Dorrower ehall comply witli ell the provisione oF the loase. If' Borrower acquires fee title to the Propertiy, the leasehold and Uie fee title shall not merge m�less l.ender agrees to the merger in v✓ritin�;. 1 Q. M ortgage Insuranee. If Lender required Mortgnge Insuxance as a oondition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insmance in af'fect. If, for any reasan, the Mortgage Insw'anoe oove�'a�ge required by Lender ceases to be available from th�mortgagc inaurcr tl�at previously provided snch insur�nac ai��i Borrower was required tio malce�eparaCely ciesignaCecl payinenCs foward tho p�cmiume for Morcgage Insm•tance, Borrower shell pay the pxemiums required to oUtain coverage subsC�nCially equivalent to the Martgage Tneurance previously in affect, at a cost suUstautially equivalent to the cost to Borrower of Yhe Mortgage I�isurance previously in.effect, fi-om an altcrnatc mortgagc insurer selected by T.ender. if substantially cquivalent MorCgage Insurpnce wverage is not t�vailable, IIorrower shnll zaoaainn NEBNASKA-SlrtgleFemlly-FennleMae7FreddleAlacUNIFORM INSTRUIdENT Farm3028ll01 VMP��p VMPB(NE)�1706) Wolle�s KIUwe�Financial Sefvices Page 6 oF 11