Laserfiche WebLink
��14�1354 <br /> for the repairs and res�oration in a single payment�r in a series of progress payments as the wark�s <br /> �omplet�d. If the insurance ar c�nd�mnation proceeds are not suffic�ent to repair or restore�he Property, <br /> Barrower is not r�lieved af Borrower's obligation far the completion of such repair vr restorati�n. <br /> Lender or its agent ma.y ma�e reasonable entries upon and inspections of the Property. If it has reas�nabl� <br /> cause, Lender may inspe,�t the interi�r of the irnprovem�nts�n the Property. Lender sha11 gi�e Bnrrawer <br /> noti�e at�he time of ar pr�or to such an interior insp�cti�n specifying such reasanable cause. <br /> 8. Borrower's Loan Applicatian. Borr�wer shall be in default �f, during�he Loan appli�at�on pracess, <br /> Borrower ar any persans or entities acting at the direction of Borrower or with Barrower's knowledge�r <br /> consent ga�e materiall�fals�, misleading, ar inac�urate information or statements to Lender��r failed to <br /> provide Lender with material information} in connection with the Laan. Materia�r�presenta�ions include, but <br /> are nat limited ta, repre�entati�ns concerning Borrawer's occupancy of the Property as Barr�wer's pr�ncipal <br /> resid�nce. <br /> 9. Pr�tection of L�nder's �ntsrest in the Property and Rights Under this Security Instrument. If(a} <br /> Borrav�er fails to perfarm the ca�enants and agreements�an�ained in this S�curity instrument, (b}there�s a <br /> lega�proceeding�hat might significantly affec�Lender's interest in th�Property andlor righ�s under this <br /> Security Instrument �such as a prflceeding in bankruptcy, pr�bate, far cQndemnati�n ar forfeiture, far <br /> enfarcement of a lien which may attain priarity over this Security Instrument or to enfarce laws or <br /> regulations}, or�c} Barrawer has abandoned the Praperty, then Lender may do and pay for whate�er is <br /> reasonable or apprnpriate to protect Lender's interest in th�Pr�perty and rights under th�s Security <br /> Ins�rument, including pratecting andl�r assessing t�e�a1ue af the Proper�y, and securing andlor repairing <br /> the Praperty. Lender's actions Can include, but are not limited to: (a}paying any sums secured by a lien <br /> which has priarity n�er this S�curity Instrument; �b} appeaxing in court; and��}paying reasonabl�attorneys' <br /> fees t�prn�ect its interest in the Proper�y andlor ri�hts under�his Securi�y Instrument, inc�uding its secured <br /> p�sitivn in a bankrupt�y praceeding. Securing�he Property includes, but is not limited to, entering the <br /> Pr�perty to make repairs, �hange locks, rep�ace or board up doors and windows, drain water from pipes, <br /> eliminate building or other cod��iolatians or dangeraus��ndit�ons, and ha�e utilities turned on ar aff. <br /> Althaugh Lender may take ac�ian und�r this Section 9, Lender does not ha�e t�do so and is n�t under any <br /> duty or obligation to do so. �t is agreed that Lender incurs na liability f�r not taking any�r all actiflns <br /> author�zed und�r this Section 9. <br /> Any amflunts disbursed by Lender under this Secti�n 9 shall bec�me add�tional debt of Borrower secured by <br /> this Securi�y Instrum�n�. Thes�amounts sha11 bear�nterest at the Nn�e rate from the date of disbursement <br /> and shall be payab�e, with such interest, upon notic�from Lender�o Barrower requesting payment. <br /> If this Secur�ty Instrument is on a leasehald, Borrawer sha�l Comply with al��he pro�isions of the lease. If <br /> B►�rrower acquires fee ti�le to the Property, the leasehold and th�f�e title shall not merge un�ess L.�nder <br /> agrees to�he merger in writing. <br /> �U. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making th�Laan, Barrower <br /> shall pay the premiums requ�red tn maintain the Martgage Insurance�n effect. If, far any reason, the <br /> Martgage Insuran�e co�erage required by Lender ceases to be a�ailable from the mortgage insur�r that <br /> pre�iously pra�ided such insurance and Barrovver was requir�d t�make separately designated payments <br /> ��ward the pr�nuums for Mortgage�nsuranc�, Borrower shall pay the premiums required to ob�ain c��erage <br /> substantia�ly equi�alent�o the Mortgage insurance pre�iously in effect, at a cost substantia��y equi�a�ent to <br /> the cvst to B�rrower of th�Mortgage Insurance pre�iously in effect, from an alternate mortgag�insurer <br /> se�ected by Lender. �f substantially equ��alent Mortgage Insurance co�erage is nat a�ailable, Borrawer sha11 <br /> NEBRASKA-SR�gle Family-Fanrne MaelFreddie Mac IJNIFORM INSTRUMENT Form 3d�8 11�1 <br /> VMP� VMP6tNE�{1302�.04 <br /> Walters Kluwer F+nanc�al Ser�►ices Page 8 of i 7 <br />