Laserfiche WebLink
��15�3��1 <br /> for the repairs and r�storati�n�n a single payment Qr�n a series �f pragress payment� as t��wark is <br /> comp�eted. If�he insurance Qr c�ndemnatiQn proce�ds are no�suff�cient�o repair or restore the Property, <br /> Borraw�r is no�reliev�d�f Borr�wer�s �bligatian far the completion of such repair or res�ara�ion. <br /> Lender or i�s agent ma�make reasonable er�tr��s upon an� inspec�ians of th�Property. If�t has r�asonable <br /> cause, Lender may insp�ct the interi�r of the impravem�nts on the Property. L�n��r shai� give Borrower <br /> no��ce at the time�f or prior ta such an�nteriar insp��tion sp�c�fying such reas�nab�e cause. <br /> 8. Borrawe�'s Loan Appl�catian. Borrawer shall be in defau�t �f, dur�n� the Loan appiicatian process, <br /> Barrower or any persans or ent�tz�s acting a�the d�rec���n of Borrow�r�r w�th Barrawer's kn�wledg�or <br /> c�ns�nt gave materially false, m�sleading, nr inaccurate�nforma�ion�r�tatements to Lender��r fa��ed �o <br /> pra�vide L�nder w�th material inf�rma��on} in connec��on wi�h�he Lnan. Ma�eria� repre�entat�ans �nclude, bu� <br /> are not�im�ted to, representations concern�ng Borrower's occupancy of th�Froper�y as Barrower's principal <br /> residence. <br /> 9. Protectivn of �ende�'s Inter�st �n the Property and Rights Under thi� S�curity �nstrument. �f�a} <br /> Borrower fails t�perfarm�he c�venants and agreements�onta�ned�n�his Security �ns�ru.ment, �b} �her�is a <br /> 1ega1 pr�ceeding that rnight s�gni�cant�y affect Lender's interest in the Proper�y andlor rights under this <br /> Securi�y Ins�rument (su�h as a proceeding �n bankrupt�y, prabate, for condemnati�n or forfeitur�, for <br /> enfarcement of a lien which may attain priority over this 5ecurity �nstrumen�or to enfQrce�aws or <br /> regu�at�ons}, Qr�c} Borrower has abandoned�he Property, �hen L�nder may do and pay for vvha�e�er is <br /> r�asonable or appropr�a�e�o pro�ect Lender's znterest �n the Praper�y and rights un�er thi� Securi�y <br /> Instrum�nt, in��uding pro���t�ng ar�dlor ass�ssing th�va�ue�f the Proper��, and securing andl�r re�airing <br /> �h�Property. L�n�er's actions can include, but are nnt�imit�d t�; �a}paying any sums seGured by a�ien <br /> wh�ch has prz�r��y a�er�h�s �ecurity �ns�rument; �b} app�aring zn caurt; and�c}paying reasanable a��orneys' <br /> fees to protect i�s inter�s� �n the Property andl�r r�ghts under this Securit� �nstrum�nt, in�luding its secured <br /> posi�ion�n a�ankruptcy prac�eding. �ecuring the Proper�y includes, but is not limited ta, enterin�th� <br /> Property to make repairs, change locks, replace or board up doors and w�ndows, drain water from pipes, <br /> eliminat�bui�ding or other code violations or danger�us c�n�it�ans, and have u������es �urned�n or o�f. <br /> A��hough Lender may take action under th�s 5ection 9, Lender does no�have�o do so and is nat under any <br /> dut�r�r ob�igat�an to do so. �� xs agreed tha�Lend�r�n�urs na��abi�i�y for not taking any�r all actions <br /> au�hariz�d under this Sectzan 9. <br /> Any amoun�s disbursed by Lender und�r�h�s Se�t�on 9 shal�b���me addzt�ona� d�bt of Borr�wer secured by <br /> �his SeGur�ty �ns�rumen�. These am�unts sha�� bear�nteres�a��he Note rate fr�m the date af disbursement <br /> and sha�l be payab�e, �i�h such interest, up�n not�ce fronl Lender ta Borra�ver requ�sting paymen�. <br /> If this Security Instrument is an a leaseho�d, Borrawer sha11 c�mply with aI�the provisinns of�he�eas�, �f <br /> Borrower acquir�s fe��itle to�he Prnpert�, �h�leasehald and�he fee tztle sha�� no�merge un�ess Lender <br /> a�rees to the merger in vvrit�ng. <br /> ��. M�rtgage Insurance. �f L�nder requir�d Mortga�e Insuranee as a condi�ian�f making th� Laan, B�rrow�r <br /> shal�pa� the premiums r�quired to mazntain the Mortgag� �nsuranc�in�ffec�. �f, f�r any reason, �he <br /> N�or�gag� �nsurance cov�rage requzred b� Lender c�as�s to be a�a��ab�e from the mortgage insurer that <br /> pre�iousl�prov�ded such�nsurance and Borrower was requ�r�d�o make separa�e�y designated paymen�s <br /> taward the premiums far Mflr�gage In�urance, Borra�ver shait pay the premiums required to�h�ain coverage <br /> substant�all�equivalent to the Mortgage Insurance pre�inusly in effect, a�a cos�substan��ally equz�a�ent ta <br /> the c�s�to B�rro�ver of the Mor�gag��nsurance pr��iausly in effect, fr�m an a�ternat�mar�ga�e znsurer <br /> se�ec�ed by Lender. �f substan�ially equ��a�en�M�rtgage�nsurance coverag� �s no� availa�le, Barrower sha�i <br /> NEBRASKA-5ingle Fam�[y-Fannie Maef�r�ddie Mac UNIFDRM�NSTRUM�NT Farm 3D28 11Q7 <br /> VMP� VMPStNEf�7 302) <br /> Wolters KEuwer�inancial Ser�ices Page 8 of 7 7 <br />