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2� 1 �� 1577 <br /> d�s�urse proceeds for th� repa�rs and �esforation in a single payment�r in a series of�rogress paymenfs <br /> as the work �s cvmple��d. If�he insurance or cond�mnation proceeds are not suffici�nt#o repair or resfiore <br /> the Property, Barrawer is not relieved of Borrawer's �bliga�ion for the comp�e�ion of such repair or <br /> res�ora�ion. <br /> L�nder ar ifs ag�nt may make r�asona�i� entries upon and �nspect�ons of fihe Property. If it has <br /> reasonable cause, L�nder may inspect�he �nteri�r of the impr��ements on the Proper�y. Lender shall gi�e <br /> B�r�ower no�ice at the time of vr prior ta su�h an �nteri�r�nspection specify�ng such r�asonable cause. <br /> 8. Bflrrower's Lc�an App��cat�an. 8orrower sha�� be in d�faul� if, during the Loan application <br /> process, Bor��wer or any persans or entities �c�in� a� the direction of �arrawer or with Borrower's <br /> knowledge vr consent gave ma�erially false, misleading, or inac�urate information or statemen�s to Lender <br /> �ar fai�ed to pro�ide Lender with ma�erial informafiivn} �n connect�on wE�h the Loan. Mater�a� <br /> representa�ions includ�, bufi are not i�mited tv, representa��ons concerning Borrowe�'s occupancy �f �he <br /> Property as Borrawer's prin�ipa� r�sidence. <br /> 9. Protectian of L�nder's �nterest in th� Pr�perty an�i Rights Under this Security lnstrument. <br /> lf �a} B�rrawer fails to perFo�m �h� covenan�� and agr�emen�s contained in this Security 1ns�rumen�, �b} <br /> there is a �egal proceed�ng tha� migh� significant�y affect Lend�r's interesf �n the P�nperty andlor righ�s <br /> under this Security �nstrument �such as a p�aceeding in bankrup��y, pr�bate, for condemna��on ar <br /> for�e�fure, for enforcement of a I�en which may attain p�iori�y o�er �h�s Se�ur�ty fns#rument or to enforce <br /> laws or regufations}, or �c} Barrvwer has a�andoned the Property, �nen Lend�r may do and pay �ar <br /> whate�er is reasonable or appropriate �v pro#�ct Lender's interes� in the Prop�rty and r�gh�s under �his <br /> Securi�y Ins�rument, including protec�ing andlor assessing the value of�he P�operty, and securing andlor <br /> repair�ng the Property. L�nder's ac�ivns can include, bu�are nof��mifi�d to: �a} paying any sums se�ured by <br /> a lien which has pr�ar��y o�er th�s Security �nstrument; �b} appear�ng in court; and �c} paying reasonable <br /> at�orneys' fees �o protec� its in�erest in the Proper�y andlor r�ghts under this Securi�y Ins�rumen�, including <br /> i�s secured p�s��ion in a �ankrup�cy p�oceed�ng. Securing �he Proper�y includes, buf �s no� I�mi�ed to, <br /> en#ering the Prop�rty�v mal�e repa�rs, change �ocks, replace nr bflard up daors and w'rndvws, drain wa�er <br /> from pip�s, e��m�nate bui�ding ar��her code Wiolations or dangerous conditions, and ha�e u�El��ies turned an <br /> or off. A�fihough Lender may take acti�n under this 5ec�ion 9, Lender dves no� ha�e to d� so and is not <br /> und�r any duty or ob�igation to do so. It is agreed �hat Lender incurs no liabilify for not taking any or al� <br /> ac�ions autharized und�r�his Sec�ion 9. <br /> Any amoun�s disbursed by Lender under this 5e���on g sha[I become addit�anal debt of Borrower <br /> secured �y this 5ecurity �nstrumen�. These amounts sha�l bear in��rest at �he Nofie ra�� fram the dat� af <br /> disbursement and shall be payabie, with such inter�st, upvn noti�e from Lender to Borrowe� requesting <br /> payment. <br /> ff this Security Instrument is on a ��asehald, Bv��aw�r shall comply with a1� �he provisions of �he <br /> �ease. lf Borrvwer acquires fee fifiie to �he Prap�r�y, �he �easehold and the fee ���le shall not merge unless <br /> L�nder ag�ees�o the merg�r in wr�ting. <br /> 14. Assignmen� �f Miscellaneous Proceeds; Forfe�ture. Ali M�sce�laneous f'roceeds ar� hereby <br /> assi�ned to and shal[ �e paid �o Lender. <br /> lf the pr�perty i� damaged, such Miscell�neaus Proc�eds shall �e applied �v �estara�ian ar repa�� of <br /> fhe Property, if the restoration ar repa�r is economically f�asible and Lender's seCuri�y is n�t lessened. <br /> During �uch repair and restoration p�riod, Lender sha�� have the righf ta hold such Miscel�aneaus <br /> Proc�eds unt�l Lender has had an oppartuni�y to inspec� suGh Properky to ensure the �ork has been <br /> completed to Lender's satEsfaction, pr��ided that such �nspec�ion shal[ be undertaken promptly. Lender <br /> may pay for �he repaErs an� rest�ration �n a single disbursemen� or in a series of progress paymen�s as <br /> �he wvrk �s c�mple�ed. LJnles� an agreement is made �n writing o� Appl�ca�le Law requires interes� to be <br /> paid on such Miscellaneous Prflceeds, Lend�r� shall no� be �equired fo pay 8orrower any interest or <br /> � 3 p ❑ ❑ 2 � S 4 ❑ 8 � � M C M � R T D � T �* <br /> NEBRASKA--Singfe Famil�---UNIFDRM INSTRUMENT MERS <br /> A�centure Martgag�Cadence Da�ument Center U Page 8 of 9 5 <br /> 377'3 01 l�4 <br />