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��15�1499 for�he repairs and res�oration�n a single paymen�or in a s�ries of progress pa�ments as �he wark is completed. �f the znsurance or candemnatian proceeds are nat suffzcien�to repair or restore the Pr�perty, Borrflwer is not re��e�ed of B�rr�u�er's obligation f�r the campletion af su�h repair or restoratian. Lender or its agen�m�ay make reas�na�le entr�es upon and inspections of�he Proper�y. If i�has rea��nab�e cause, Lender may inspe�t the�n�er�or of�he�mpro�ements on the Proper�y. Lender shail give B�rrower notice a�the time af or pri�r t�such an in�er�ar�nspe�tion specif�ing such reasonab�e cause. 8. Borrvwer's Lvan Applicati�n. Borrawer sha�l be in defau�t �f, dur�ng the Lflan app��cat�on process, Barro�rer ar any p�r�ans ar entiti�s ac�ing at the dire�tian of g�rrower or�vith B�rrower's know�edge or consent ga�e materially fais�, m�s�ead�ng, or�na��urat�inf�rma�ian�r�tatem�nts ta L�nder�or faii�d to pra�ide Lender wi�h materia� infar�ma��an} in cnnnectz�n w�th�he L�ar�. Mat�r�al repre�entations includ�, but are n�t limited t�, representations concerning Borrower's occupancy af the Pr�perty as Borrower'�pr�ncipal resid�nc�. 9. Prote�tion of Lender's Interest �rt th� Pr�pe�ty and RightS Under this Security �nstrument. �f�a} Borrower fails to perfarm the cavenants and agreemen�s�anta�ned �n�hzs Secur��y�nstrunzent, �b}ther��s a �ega1 proc�eding that might sign��cantl� affect Le�der's in�erest in xhe Pr�per�y andlor rig�Z�s under th�s Security �nstrument�such as a proceeding in bankruptcy, proba�e, for condemna�ion or farfe�ture, for enforcement of a l��n which may a�tain pr�arity over this Securi�y Instrument ar t�enfarce laws or regula�ions�, �r�c} Borrower has abandoned�he Property, �hen Lender may do and pay for what�ver is reasanable ar appropria�e tfl prot�ct Lender's�nterest �n�he Property and rights under thxs Secur�ty �nstrument, �n�lu�.�ng protect�ng andlor assessing the�a�ue�f�he Pr�per�y, and s�cur�ng andlor repa�ring the Proper�y. Lend�r's actions can include, but are no� Iimi�ed�o: �a}paying a.ny sums secur�d by a li�n which has priarity a�rer th�s S�cur��y Ins�rumen�; �b} appearing in�ourt; and�c}paying reasonable a�torneys' fe�s�a protec�i�s interest in the Proper�y andl�r r�ghts under this Se�ur�ty Instrument, kncludzng i�s secured position in a bankruptcy proceeding. S�curing�he Praper�y inc�udes, but�s n�t�im�.ted t�, enter�ng the Proper�y t�make repairs, change lacks, replace�r board up doors and windows, drain water franl pipes, el�minate bui�ding or�th�r code�ialations�r dangerous cond�t�ons, and have utilitie�turr�ed an ar aff. A��hough Lender may take ac�ion under th�s Sec��n 9, L�nder does not have t�do so and is na�under any du�y or o�liga�ian to dfl so. �t �s a�reed that Lender incurs no liabili�y for nat taking any�r all act�ons au�hor�zed under this S�c�ion 9. Any arar�oun�s disburs��by Lender under thi�Section 9 shall b�come add�tzona.� deb�of Borrawer secur�d by this Securzty �n�trunnent. These amounts shall bear int�rest at the N�te rat�from�he dat�af d�sburs�ment and shal�be payable, v��t�such�nterest, upan notice from Lender�o B�rrower r�ques�ing payment. If this Securit� Instrumen� is on a leasehold, Borrower sha�l camp�y vv��h a�� he pr�v�s��ns of the lea�e. �f Borrower acqu�res fee tit�e to the Property, the leasehold and the fe�t�t�e s�a�� na�merge unless Lfender agrees to the merger in writing. '1�. N�vrtgage InsuranGe. �f Lender requ�red Mortgage�nsurance as a condition of making the Laan, Borrawer shall pay�h�premiums requ�red t� �ma�nta�n the M�r�gage �nsurance in effec�. �f, far any reason, �he N�ar�gage Insuran��coverage requ�r�d by Lender c�ases ta be a�a��ab�e fram�h�nzor�gage �nsurer�hat prev�aus�y prov�ded such insuranc�and Borrower was rtqu�red�a�make separa�e��designated paym�nt� toward�he premiums for Mar�gag��nsurance, Barrower shal�pay the premiums require�ta abta�n cav�rage subs�an�ial�y equiva�ent ta the M�r�gag� �nsuranc�pr��zous�y�n effect, at a cost substant�a��y equ��a��nt to the�as�ta Borrower af the M�rtgage�n�urance previous�y in eff�ct, from an a��ernate nZortgage�nsurer selected by Lender. If substant�all�equi�a�ent Mor�gage Insurance ca�erage�s na�a�ai�ab�e, Borrower shall NEBRASKA-Single�amily-Fanr►ie Ma�1�r�dr�i�M�c UNI�pRM INSTREJM�NT Form 3�28 110i VMP� VMPB4NE�t13�Zy Wvlters Kluwer Finan�ial Ser�ices Page 8 nf'f 7