Laserfiche WebLink
201406486 <br /> for t11e repairs and restoration in a single payinent or in a series of progress payments as the worlc is <br /> coinpleted. If the iiisurance or condeiru�ation 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 restorati�n. <br /> Lender or its agent may malce reasonable entries upon and inspections of the Propei•ty. If it has reasonable <br /> cause, Lendei may inspect the interior of the ilnprovements on the Property. Lender slzall give Borrower <br /> notice at the time of or prior to such an interior inspection specifying such reasonable cause, <br /> 8. Borrow er's Loan Applieation. Borrower shall be in default if, during the Loan application process, <br /> Borrower or anypersons or entities acting at the direction of Borrower or with Borrower's knowledge or <br /> consent gave inaterially false, inisleading, or inaccurate information or stateinents to Lender(or failed to <br /> provide Lender with inaterial information)in connection with the Loan. Material representations include, Uut <br /> are not liinited to, representations concerning Borrower'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 pe�form the covenants and agreeinents contained in this Security Instrument, (b)there is a <br /> legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this <br /> Security Instruinent (such as a proceeding in bai�lcruptcy, probate, for condeiru�ation or forfeitui�e, for <br /> eilf'orcement of a lien which inay attain priority over this Security Instruinent or to enfoi•ce laws or <br /> regulations), or (c)Borrower has aUandoned the Propel•ty, thei�Lender inay do and p1y for 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. Lencler's actions caiz include, but are ilot liinited to: (a) paying any sums secured by a lien <br /> which has priority ovei�this Security Instrument; (b)appea�-ing in court; and(c)paying reasonable attorneys' <br /> fees to protect its interest in the Property ai�d/or rights under this Security Instruinent, including its secured <br /> position in a bankruptcy proceeding. Securing the Property includes, but is not liinited to, entei�illg the <br /> Property to make rapairs, change locks, replace or board up doors and winclows, drain water fi�om pipes, <br /> eliirYinate btrilding or other code violations or daiigei�ous conditions, and have utilities turned oi1 or off. <br /> Although Lender nlay take action under tl�is Section 9, Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed tliat Lender incurs no liability for not taking any or all actions <br /> authorized under this Sectioii 9, <br /> Any amounts disbursed Uy Lender under tkis Section 9 shall become additional devt of Borrower secured.by <br /> this Security Instrument. These ainounts s11a11 bear interest�t the Note rate fi•om the date of disUursei�lent <br /> �u1d shall be payable, with sucli interest, upoii notice from Lender to Borrower rcquesting payment, <br /> If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br /> Borrower acquires fee title to the Property, the leasehold�nd the fee titile shall not merge unless Lender <br /> agrees to the rnergar in writing, <br /> 10, M ortgage I nsurance. Tf Leilder required Mortgage Insm�ance as a conclition of n1�lcing the Lo�n, Borrower <br /> slz�ll pay the prenuurns required to inaint�in the Moi•tgage Insurance in effect. If, for any reason, the <br /> Mortg�tge Insurauce coverage required by Lendei• ceases to be available from the inortgage insurer•that <br /> previously provided such iiisurance and Borrower was required to malce sep�rately designated payinents <br /> towarcl the prenuuins for Mortgage Insurance, Borrower shall pay the preiniums requirecl to obtaiil coverlge <br /> substantially equivalent to the Mortgage Insurance�reviously in effect, 1t a cost substanti�lly ec�uivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, fi•om an alternate mort�age insurer <br /> selected by Lender, If sttibsta�itially equiv2lent Mortgage Insurallce coverage is not available, Borrower sha11 <br /> 24007178 <br /> NEBRASKA-SingleFamily-FannieMae/FreddieMacUNIFORM INSTRUMENT Form30281/01 <br /> VM P O VM P6(NE)(1302) <br /> Wollers Kluwer Financfal Services Page II of 17 <br />