Laserfiche WebLink
��15���55 <br /> far the r�pairs and resttiratian in a s�ng�e paymen�Qr in a series of progress payments as the work is <br /> ��mpleted., If�h�insurance or condemnation proceeds a�e no�suff�cient ta r�pair or restore the Prop�rty, <br /> Borrawer is nat r�lieved af Borro�ver's�b�iga���n for the complet�an of such repair or restorat�on. <br /> Lender or its agent may make r�as�nable entries u�an and �nspec���ns nf�he Pr�pert�. If it has reasonable <br /> cause, Lender may inspec�the in�erior of the improvem�nts�n the Proper�y. Lender shall g�ve B�rrower <br /> not�ce at the time of�r pr�or ta such an int�rior inspectian spec�fy�ng such r�asona�Ie cause. <br /> , <br /> �, Borrawer's Loan Applicat�vn. B�rrawer shal� be in default �f, during the Laan app��cat�on process, <br /> Borrower or any persons Qr entities ac�ing at�he d�rec�xon af Borrower or with Borrawer'� kn�wledge ar <br /> cansent gav�materially false, misleading, or inaccura�e�nformat�on or statem�nts t� Lender�or fa�led�o <br /> prov�de Lender with materia� informati�n� in cannectian�vith�he Laan. 1V�ateria� repre�en�ation� znclud�, but <br /> are n�t l�m�ted�a, represen�at�nns concerning B�rr�wer's occupancy af�he Pr�perty as BQrrower`s princ�pa� <br /> residen��. <br /> �3. Prote�tion af Lender's Interest in the Property and Ri�hts Und�r th�� Security �nstrument. �f�a} <br /> B�rrnwer fa��s to perfarm th�c��enants and agreem�nts contained in th�s Secur�ty �ns�rument, �b} �here �s a <br /> legal proce�d�ng that m�gh�s�gnx�icant�y affect Lender's int�rest in�he Praperty andlor rights under�hi� <br /> S�cur��y Instrum�nt�such a� a proce�d�ng �n bankruptcy, probate, for condemnation ar farf��ture, for <br /> enf�rcemen��f a���n�hich may attain priority av�r�h�s 5ecur��y �nstrumen�or t�enf�rce�aws or <br /> regu�ations}, Qr�c3 B�rrower has aban�oned th�Pr�p�rt�, then Lender may do and pay for whate�er is <br /> reasanable ar appr�priate t�pro�ect L�nder's int�rest in the Property and rights under th�s Secur�ty <br /> Instrum�nt, inc�uding protecting andlor as�ess�ng �h��a1ue af the Proper�y, and s�curing a�adlor repairing <br /> the Proper�y. Lender's actions can include, but are no� ��nzi�ed�o: �a}pay�ng an�sums s�cure�by a�ien <br /> which has priority over this S�cur�ty Ins�rumen�; ��} appearing �n��urt; and �c}pay�ng reasonab��a�tarneys' <br /> fees�❑pro�ec� ��s xn�erest in the Proper�y ar�dlor r�ghts under this Securi��Instrument, inc�uding it�secur�d <br /> posit�on in a bankrup�cy proceeding. SeCur�ng�he Praper�y ine�udes, bu� �s not limi�ed to, en�ering�he <br /> Property ta make r�pairs, change�acks, rep�ac��r baard up do�rs and vvindows, drain wa�er from pipes, <br /> elim�na�e bui�ding or other code�iota�ions or dan�eraus condi�ions, and have utilit�es turned on ar�ff. <br /> A�though Lender may take a�t�on under thi�Section 9, Lend�r dfles not have to do s� and �s not under any <br /> duty nr ab�igation t�do s�. �t�s agreed that Lender incurs n� �iabi�ity for n�t�ak�ng an�or a�� ac��ons <br /> authorized under thzs Se���an 9. <br /> Any amounts disbursed b� L�nder under this Sec��an 9 sha��be�ome addz��onai deb�af B�rro�er se�ur�d by <br /> this Security �nstrum�nt. Th�se amaunts �ha��bear interest at the Nate rat�from�he da�e�f d�sbur��m�nt <br /> and sha�� be payable, with such interest, up�n natice fr�m Lender to Borra�v�r r�que�t�ng payment. <br /> If this Secur�ty �nstrument �s on a leaseho�d, Borrawer shall comply with aI� �he pravisions af the lease. �f <br /> Barr�w�r acquires f���i�le ta the Prflper�y, the xeaseha�d and the fee tit�e shall n�t m�rge uniess Lender <br /> agree��o th�merg�r in wri�ing, <br /> 1�. Mvrtgage Insurance. �f Lend�r r�quired M�rtgage Insurance as a cond�tion❑f m.ak�ng �he L�an, Borrawer <br /> �hall pay th�premiums requ�red�a m�.a�n�a�n th�Mar�gage Insuranc�in effect. If, far any r�as�n, the <br /> Mortgage Insurance coverage r�quired by Lender�eases�o be ava��ab�e from th�mortgage insur�r�hat <br /> prev��nusly provided suGh insurance and Borraw�r�vas requir�d ta make separate��r d�szgnated paymen�s <br /> �oward the premiums for IV�or�gage Insurance, Borrower shali pa� the premiurx�.s r�quired to Qbta�n co�erage <br /> su�stantia���r equi�a�ent to�he Mar�gage In�urance previously in effect, at a�flst subs�antially�quiva�ent�o <br /> the��s�ta Borrawer of the M�r�gage�nsurance pre�iously in eff���, from an alternate ma�tgage insurer <br /> sel���ed by Lender. �f subs�antia��y equ��alen�Mor�gage �nsurance coverage is not a�ai�able, B�rr�wer shail <br /> NEBRASKA-5ing�e Family-�ar�nie MaelFreddie Mac UNIF�RM iNSTRUM�NT F�rm 3��8 110"� <br /> VMP[� VMPfitNEf�130Z� <br /> Wolters Kluwer Finaneial Ser�iees Page 8 of 17 <br />