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��14�175� <br /> for�he repairs and r�stora�ion in a single payment or�n a seri�s of pr�gress payments as the wark is <br /> canzpl�ted. If the insur�nce or condemnation proceeds ar�not sufficient to r�pair or restore the Propert�, <br /> Borrower�s r�ot r�lieved�f Borrower's�bligation for�he compl�tion of such repair or restaratron, <br /> Lender or its agent may mak�reasonable entrzes upon and�nsp�ctions of�he Prap�rty. If it has r�asanable <br /> cause, Lender may�nspect the�nt�rior of�he improvements on�he Property. Lend�r shall give BQrrawer <br /> notic�at the t�me of or prior to such an interior inspect�on spec�f�ing such reasonable cause. <br /> �. �or�rorr��r'� Loan Applica�iort. Borrawer shail be in d�fault if, during th�Loan app�z�atior�process, <br /> B�rr��ver ar any persons or entities act�ng at�h�direc��or�of Borrower or with Borrovver's know��dge or <br /> cons�nt gav�materially false, mis��ading, ar inaccurat��nfarmation or statements to Lender�or failed�o <br /> pravide Lender vvz�h mater�al inf�rmation3 i�connection with the L�an, Materia�r�pres�ntatrons ir�clude, �ut <br /> are not�imi.ted to, representatians con�erning Borrawer's occupancy�f the Praperty as Borrower's principal <br /> r�sid�nc�. <br /> �. P��tectr�n of Lend�r's �n�erest rn the P��pe�ty �r�d �rgh�� [Jnder thi� �ecu�i�y Instrunlent. If�a} <br /> Borrow�r fa��s to perform th�covenants and agre�ments�onta�ned in�his 5ecurity Instrument, �b� ther�is a <br /> legal proc��ding that might signzficantly affect L�nder's interest in the Praperty andlor rights und�r this <br /> Securit�Instrumen� �such as a proceeding in bankruptcy, probate, for condemnation�r forfe�ture, f�r <br /> er�forc�ment af a Iien vr►rhzch may attain priorzty over this S��urity�ns�rument or to enforc�la�vs or <br /> r�gulations}, or�c}Borrfl�ver has abandoned the Property, then Lender may do and pay far wha�e�er is <br /> r�asona��e or appr�pr�ate to prote�t L�nder's int�res�in the Praperty and righ�s under this Se�urit�r <br /> �nstrumen�, including protecting andlor assessing �he value of�he Property, and s�curing andlar repa�ring <br /> the Property. Lend�r's a�t�ons �an�nclude, but are not limited too �a}pay�ng any sums secured b�a lien <br /> urhich has priority over this Secur�ty Ynstrument; ��} app�aring in court; and�c}paying reasona�Ie attarneys' <br /> fees to protect�ts�nter�st in the Praperty andlor righ�s under t�a�s Security Instrumen�, �nciuding its secured <br /> position in a bankruptc�proceed�ng, S�curing the Property inc�ud�s, but is not I�mi�ed to, entering the <br /> Property to malfe repairs, change ioc�s9 replac�or board up do�rs and windovvs, dra�n�vater from p�pes, <br /> elima.na�e bui�drng or other cnde��olations or dangerous conditi�ns, and have utilities turned an or off. <br /> A��hough Lender may take ac���n under thrs Secti�n 9, L�nder does n�t have to d� so and�s not under any <br /> du��or ob�igation�o do so, �t is agr�ed that L,end�r incurs na liabi�it�for n�t takrng any or al� a�tians <br /> authorized under this Sectzon 9 e <br /> Any amounts disbursed by Lender under�hzs Section 9 shall become addrtional de�t af�orro�ver secured by <br /> this S�cur�ty Instrument, These amoun�s shall b�ar interest at the Note rate from the date of dis�ursement <br /> and sha1l�e pa�abl�, vvi�h such int�r�s�, upon notice fr�m L�nd�r to Borrovver requesting payment. <br /> �f this S�curity�nstrument�s on a�eas�hold, Borraw�r shall comply with all th�prov�s�ons of th��ea�e. �f <br /> B�rrower acquires f��t�t�e to th�Property, the I�asehold and the fee title shall not merge unl�ss Lend�r <br /> agrees to�he m�rger�n writing. <br /> 1�. [Ul o r tga g e [�s u�a n�e. If Lender requ�red Mortgage �nsuranc�as a canditian of mak�ng th�Loan, B�rrovver <br /> sha�l pay the premium�r�quired to maintain the Mort�age�nsuran�e�n�ffect. If, for any reason, th� <br /> Mortgage Insurance coverage requ�red by Lender ceases to b�availab��from the mor�gage�nsur�r that <br /> previously pravided such insurance and Borrow�r was required to make s�parate�y des�gnat�d payments <br /> taward the premzums for Mortgage�risurance, Barrower shal�pay�h�pr�miums r�quzred to obtain cov�rage <br /> substant�al�y equ�valent t� the Mortgag�Insurance prev�ousl�in effect, at a c�st substantially equivalent ta <br /> the c�st�o Borrow�r of the Mortgage Insurance prev�ou�I��n eff�c�, froxn an alternat�mortgage insur�r <br /> s��ected�y Lend�r. �f substantzally equi�a�ent Martgage Insurance coverag�is not availab�e, Borro�ver shall <br /> N��RASKA-5ingl�Famify-Fannie MaelFreddie Mac UNIF�}RM 1N5TRL7MENT Fnrm 3428 1141 <br /> VMA� VMP6{NE]�13[]�] <br /> W�Iters Kluw�r Finan�ial 5ervices Pag�8 Qf 17 <br />