Laserfiche WebLink
2� 15�77�4 <br /> far the repairs and rest�ration in a sing��paym.ent�r�n a series of progress payments as the work is <br /> �ompleted. �f�he�nsurance�r cand�mnat�on pro�eeds are not suffic�ent�o repaxr�r res�ore th� Prflp�rty, <br /> B�rrower is nat relieved of Borrow�r's ob��ga��on for�he comp�e��on�f such repair�r restorati�n, <br /> L�nder ar�ts agent may make reasona�Xe�ntr��s upon and znspe�t�ans of th�Proper�y, �f it has reasonab�e <br /> cause, Lender may �nspect the interiar of th� �mpr�v�xnents an th�Property. Lender shall give Barrower <br /> na�ice at the�ime of or prior�a such an interxar�nspeC���n specify�ng such reasonab�e cause. <br /> 8. B�rrower's Laan Appfication. Barrower shal� be �n defau���f, durzng the Loan app��cat�on process, <br /> Borrower or any persans ar enti�ies acting a�the direc��on of Borrovver�r�v��h Borrow�r's knowl�dge or <br /> c�nsen�gave ma�eriall� false, m�sl�ading, or�naccurat��nforma��on or statements t� Lender�or failed�� <br /> pr�vide Lend�r w�th ma�erial informa��an} �n conn�ctzon w�th��e Laan. Materza� repr�sentati�ns iric�ude, but <br /> are not�imited�a, r�pres�ntat�nns c�nc�rning B�rrower's accupancy af the Proper�y as B�rrower's przncxpa� <br /> re5i�ence. <br /> 3. P�otect�vn vf Le�der's Interest in the Prop�rty and Rights Under this Secur�ty �nstrument. �f�a} <br /> Borr�wer fails�o perform the covenants and agreem�n�s contained�n th�s S��:uri�y Ins�rumen�, �b} �here zs a <br /> �ega�pr�ceeding�hat m.�gh�s��ni��ant�y aff�ct L�n�er's int�rest in�he Praper�y andl�r rights under th�s <br /> Security �nstrument�such as a proceeding in bankrup�cy, probate, for c�ndemnation ar forf��ture, for <br /> �nfarcement of a Iien wh��h�nay at�ain pri�ri�y over�his Security �ns�rument or to enfnrce�av�s or <br /> regulatians}, or�c} B�rrower has abandoned�he Proper�y, �hen L�nder ma�do and pa�r far whatever is <br /> reas�nable or apprnpriate ta pr�t��t Lender's �n�eres�in�he Proper�y and r�ghts under�his S�cur�ty <br /> Ins�rumen�, �nc�udzng pr�te�ting andl�r assess�ng the va�ue af the Property, and secur�ng andlor repa�ring <br /> th�Proper�y. Lender's act��ns can irzclude, but are not�imzt���o: �a}paying any sum� secur�d by a���n <br /> wh�ch has priority o�er thxs Security �nstrum�nt; �b} app�aring in�our�; and (c}pa�ing r�asonab��att�rneys' <br /> fees t�pro�ec� its interest in th�Pr�per��andlor rights ur�d�r this Security Ins�rumen�, includxng its secur�d <br /> posit�on�n a bankruptcy praceed�ng. Se�uring the Pr�per�y zn��u�.es, bu�is not limi��d�o, en�ering �he <br /> Pr�perty�a make repairs, change lacks, rep�ac��r hoard up daors and w�n�.ov�s, dra�n water fram pip�s, <br /> e��minat�bu��d�ng or o�h�r c�de�iolations�r dangerous conditions, and�ave uti�it�es turned on or off. <br /> A�th�ugh Lend�r may take action und�r this Sec�ian 9, Lender does no�have ta do so and is r���under any <br /> duty or ob�zgation to do sa. ��is agre�d�hat Lender incurs n�liabi�i�y f�r not taking any�r a�� ac�ians <br /> au�horized under�his 5ect�on 9. <br /> Any amounts d�sbursed by Lend�r under th�s Section� sha�� became add�t�anal debt of Borrov�er���ur�d�� <br /> this Security Ins�rument. Thes�am�un�s s�aa�� bear�nter�s�at the N���rate fr�m th�date of d�sburse�nent <br /> and sha�l be paya�le, w�th su�h interest, upon notzce fr�m Lend�r�a Borr�wer re�uest�ng payment. <br /> If�hxs Security Instrument i�an a�easehold, Borrav��r sha�� comply wi�h a11 the prfl�isi�ns of the�ease. If <br /> Borrow�r acquires f��t�tle to the Pr�per�y, th�leas�ho�d and the fee�zti�shal�n�t merge un�ess Lender <br /> a�rees to the merger in vvriting. <br /> ��. Mortgagg �nsuran�e. �f Lender requ�red Mortgage�nsurance as a cflnd�tian of making the Laan, Borrower <br /> shall pay th�premi.ums required to main�ain th�M�r�gage Insurance in effe�t. �f, far any reason, the <br /> M�rtgage In�urance cflverage required by Lender ceases tn be avai�ab�e fram�he�nor�gage insurer that <br /> pr�v�ousiy provided such insurance and Barr�wer was required to make separate��des�gnated payments <br /> toward th�premiums for Mortgage Insurance, Borrow�r sha�l pay the premiums required�o��tain caverage <br /> substantza��y equivalen��o the Mor�gage�n�urance pr�viou�ly in effec�, a�a cflst subs�antially equivaien��o <br /> th�c�st to Barrower of the M�rtgage Insurance previous�y in effect, from an al��rnate mor�gage insurer <br /> se�ec���.by Lender. �f substan�ially e�uivalent M�r�gag�Insurance coverage is not avai�able, Borr�wer shall <br /> N�BRASKA-Single FamiIy-Fannie Mael�reddie Mac�N(��RM INSTRUMENT Fvrm 3�28 11�1 <br /> VMP[� VMPfitN���1302� <br /> Walters Kluwer Financiai S�r�ices Page 8 of i 7 <br />