��14�7�41
<br /> for the repairs and res�ora�ion in a single payment or in a series of ro ress a men�s as�h. '
<br /> � � p � e wark 1s
<br /> comple�ed. Zf�he insurance or condemna�ion p'roceeds are not suff cYent�a re air or restar��he
<br /> P Proper�y,
<br /> E�rrower xs not relie�red of�rrower's obixgation for the compietion of such re air ar restiora�i
<br /> . P on.
<br /> Lender ar its agent may make reasonable entr�es upon and i.nspection,s of�e Pro e . If it has
<br /> p �y reasonable
<br /> . cause, L�ender may inspec�the in�e�iar af the impro�remen�s on the Properfiy. Lender shai� ive Borrv�ver
<br /> notice at the�ime of or prior to such an in�erior ins ection s ' ' g �
<br /> P pecxfyrng such re,asonable cause.
<br /> 8. Borrower's Loan App�icatron. Barrower shalx be in defau�t if ' ' •
<br /> , durzng the Loan appixca.ti�on proc,�ss,
<br /> Borrower or an�r persons or en�ities acting a�th�dxrection of Bor=ro�ver or with B�rrower's kno
<br /> wiedge ar
<br /> consent ga�e ma.ter�aliy false, mis�eading, ar inaccurate informax�on or statements�o Lender(ar fa�Xed to
<br /> pro�id�Lender�vi�h ma�er�a1.information} i.n conn,ection wxth the Loan. Material re resentation� '
<br /> I� Yn��ude, but
<br /> are not Iim7ted�a, represen�atian.s concernzng Barrower's occupancy of the Pro er� as Borrov�rer's ' '
<br /> residence.
<br /> P Y pr�nc�pa�
<br /> 9. Protect�on of Lender's �nterest in the Property and Rrghts Under this Secur� �
<br /> ty nstrument. If�a}
<br /> Borrower far�s fo perform�he covenan�s and agreements con�ained in this Securi Instrumen�
<br /> . . �' , (b} there is a
<br /> iegal proceeding tha�r.rught s�gnxf�cantly affecx Lender's interest in t�xe Pro e andlor ri hxs un '
<br /> P � g der thrs
<br /> Secur�ty Lns�rumen�(such as a proce�di�ng in bankruptcy, probate,�for condemn��ion ar farfe�ture '
<br /> , for
<br /> enforcemen�af a l�en whic�may at�ax.n privrity o�rer�-iis Securi�Zns�r�xment or to enforce�av�rs or
<br /> - reguiations}, or�c} Barrnvver has abandoned the Propert�, then I,ender may do and a far whate�er '
<br /> P y xs
<br /> . reasanabxe or appropr�ate to prote�t Lender's interest�n the Prnperty and rights under th�s Secur�t
<br /> Instrum�nt includin ' g �
<br /> , g protectln andlor assessi�ng the�alue of th�Property, and secur�ng andlor repair�ng
<br /> the ProperCy. Lender's a��ions can�nc�ude, but ar�not x�niited to: �a}pay�n an sums secured b '
<br /> g Y �a I�en
<br /> wh�ch has priarity o�er this Secur�ty Ins�rumen�; tb}appea�ing iun c.�urt; and�c} a in reasonable '
<br /> P � g at�orneys
<br /> fees to prote��its�n�eres�in the Property andlor r�gh�s under this Securi Instru.ment inc�udin '
<br /> � � g�ts secured.
<br /> pas�t�on in a�anl�ruptc�proceedYng. Securing the Property inc�udes, but is no�ximited to e '
<br /> . Property to make r� a.xrs, chan e lo�k� r � � � nter�ng�he
<br /> . ' . , p g , ep�ace or board up doors and windo�s, dra�n,water.from pipes,
<br /> eiu�nate bu�xd�ng ar ot.her code��olatxans nr dangeraus conditions, and ha�re utiix��es turned.on or
<br /> off.
<br /> A�thaugh L�nder may take ac�ion under this Sec�ion 9, Lender does nat have to do so and�s no
<br /> �under any
<br /> duty or ob�igation to do sn. It is agreed.�hat Lender incurs no iiabxZ�t�for not ta.kin, an or aix
<br /> au�hor�zed under th�s Section 9.
<br /> g y ac�ions
<br /> .
<br /> � Any amounts d�sbursed b� L,�nder un,der thi,s Se��xon 9 sha.�I b�come a.d.dit�onal debt of Borrowe
<br /> r s�ured by
<br /> �hi.s Secur�ty Instrument, 'I`hese am,oun�s shal�bear interest a�the Note rate from�he da�e of d�sb �
<br /> ursement
<br /> and shall be payabie, wlxh such interes�, upon notYce from Lender ta Borrawer r uesti.r� a ment
<br /> � gP Y -
<br /> Zf�his S�curit�Instrumen�is on a leasehold, Borrower sha�i compl�wrth a1.�the ro�is�ans of th
<br /> � e Iease. If
<br /> Borrower acquires fee title�o�he Property, the Ieasehaid and th.e fee tr�Ie shall na�mer e un�es
<br /> g s Lender
<br /> agrees to the merger�.n wri�ing. �
<br /> ��. �ortgage �nsurance. If Lender req��red Mor�gage Insurance as a conditxon of mak�n th
<br /> • • . g e L�an, Borrower
<br /> sha.�I pay the prenuu.ms requxred to ma.intaYn�he Mortgage Lnsura.nce in eff�ct. If far an reasa
<br /> � y n, �he
<br /> Mor�gage Insuran��co�erage requxred by Lender ceases to be av�axlable from th�mort a e irisur�r
<br /> previous�y pro�xded such i�sura.nce an,d Bo g g that
<br /> rro�r�r was requxred to ma�e separa�e�y designa�ed payments
<br /> taward th�premYums for Mor�gage Insurance, Borrower shall pay the premiums re u�red to obtain�o
<br /> � �rerage
<br /> substantiai.��r equi�a�ent to th�Mor�gage Xnsurance previously�n eff��, a�a cos�substantiall uY
<br /> the cost to Barro�rer of the Mo� a e Insuran Y�9. '�a.�ent tQ
<br /> g g ce pre�ious���n effect, from an al�ernaxe mortgage insurer
<br /> se��c�ed by Lender. If subs�an�ial�y equz�raien�Mar�gage Insuranc�coverage�s not aWailable Borr
<br /> = o�er sha1l
<br /> N�BRASKA-5�ngle Famiiy-�ann��Mael�reddie Mac UNIFQRIVI fNSTRUM�NT
<br /> VMP C� l�orm 3028'f tD1
<br /> WoT�t�rs Kfuwer Frnanciat 5ervices VMPG{N��{Z 302}.Qp
<br /> Pa��8 of 17
<br />
|