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2� 17��31 � far the repa�rs and restoration in a single payment or in a series of pragress payments as the u�ork is completed. �f�he insurance or c�ndemnatian praceeds ar�not suff�cient ta repair or rest�re the Pr�perty, Barrower is not rel�e��d af Barrower's obligation far the completion of such repair or restoration, Lendez�r its agent may make reas�nab�e�ntries upan and inspections�f the Proper�y. �f�t has reasonabl� caus�, L�nder ma� �nspect the�nt�rz�r af�h��mpro�ements on�he Prop�r�y. L�nder sha��gz�e Barr�wer n��c�a��h�tzme of or pr�or t�su�h an inter�ar�nspec�ion sp�czfy�ng �uGh r�asonab�e cau�e. 8. Borr�wer'� Lvan App[i�ation. Barrow�r shal� be xn defauxt �f, dur�ng the Loan appiica�ian pr�cess, Borrawer or any p�rsons ar entities act�ng at the dir�ction of Borrawer�r with Barrow�r's kn�wledge ar c�nsent ga�e mat�rial�y fa�se, nuslead�ng, or�naccurate informatiQn or stat�m�n�s��Lender�or failed�o pr�vide L�nder��th materia� �nf�rma��n} in cnnnect�an w��h th�Loan. Materza� represen�ations in��ude, but ar�no��nu�ed t�, representations con�ern�ng Borrower's oCcupancy of the Praperty as Borra�er'�pr�ne�pal residence. 9. Prote�tian vf Lender's �nterest in the Pr�perty and Right� Under this Se�urity �nstrument. �f�a} Borrawer fa��s t�perform th�ca�enan��and agr�ements Gon�a�ned in thxs�ecurzt� �nstrunrzen�, ��} �here zs a lega��r�ceeding that might signif�can��y affect Lender's interest�n the Proper�y ar�dlor righ��under this 5ecuri�y Znstrument��uch a5 a proceeding in bankruptcy, probate, for condemnation ar forf�i�ure, far enforcemen��f a lien which may at�ain pri�rity over this S��uri�� Instrumen�or to enf�rce Iaws or regu�ations}, or�C} Borrower has abandoned�he Proper�y, then Lend�r may da and pay for whatever is reasonable�r appropr�a�e t�pro�ect Lender's inter�s� in the Praperty and r�ghts under th�s Secur�ty �nstrument, znciud�ng prat�ct�ng andlor assess�ng the�a�ue vf�he Proper�y, and securing andlor r�pairing the Proper�y. Lender's actions can include, but ar�na��im�ted�a: �a�paying ariy sums secur�d by a lien v�hich has priority ov�r th�s Security Instrument; �b} appearing in c�urt; and�c}pa�xng reas�nable a�torneys' fe�s t�pro�ect��s �n�er�s� �n the Praper�y andl�r righ�s under�h�s �ecurity �nstrument, �nc�udzng�ts secured pos�t�an�n a�ankruptCy proc��d�ng. Se�ur�n� the Proper�y �n�lu�es, bu� �s nat�imi�ed to, �ntering the Prap�r�y�o make r�pairs, change lacks, rep�ace or bQard up dfl�rs and vvindows, drain v�a�er from pipes, e�imina�e build�ng or other cade violations or dangerous conditions, and have util�ties turned�n or aff. Although Lender may take action under th�s 5ection 9, Lender does nat have��do so and is not under any du�y or obligati�n�o do so. �t is agreed that L�nder incurs na liabilit� f�r not�aking any�r aI� a�t�ons auth�r�zed under�h�s Sec�ion 9. Any amount�disbursed by Lend�r under�his 5�ct�on 9 sha��become add�tiona� d�bt of Borrower s�cured by this S��uri�y �nstrumen�, These amaunts shall b�ar intere�t a��he N��e rat� fr�m�he date nf d�sbur�ement and shal�be pa�ab�e, vv��h such�nter�st, up�n not�ce from Lender t�Borr��ver requestxng pay�rnent. �f�his Se�ur�ty �nstrument is �n a�eas�hold, Borr�w�r sha�l comp�y w�th all the pravisians af the Iease. �f Borrawer acquires fee�i�le to the Prflper�y, the leaseho�d and �he fee ti�le shall na�merge unless Lender agrees to the m�rg�r in wr�ting. '10. Nlortgage�Insurance. �f Lender required Mor�gag��nsuranCe as a c�nd��ion of mak�ng the Loan, Borrow�r sha��pay the premiums requzr�d�o maznta�n the �Mor�gage�nsurance�n eff�ct. �f, f�r any r�ason, th� M�rtgage Insuranc�c��erage required by L�nder ceases �a be availabl�from the martgag�insurer that pr��iously pravid�d �u�h insura��e and Borr�wer was required ta mak�separate�y desx�nated payments toward the premiums for N�ortgag��nsuran�e, Barrov�►ler shal�pa�the prexn�um�s required ta obtain co�erage substantially�quzvalent to�h�Mor�gage�nsurance pre��ously in eff�ct, at a cost substantially e�uivalen�t� the cost�o Borrawer of the Mortgage�nsurance previousl� in effe�t, fram an al�ernate mor�gage insurer s�lected by Lender. If substan�ially equivalent Mor�gage Insurance�overag�is nat a�a�lahle, Borraw�r shall NEBRASKA-5ingl�Famiiy-Fanni�MaelFreddi�Ma�L1NIF�RM tNSTFitJMENT Form 3�28 1 J�� VMP Q VMPfi4NE�41302� Wvlters Kluwer Financial S�r�riG�s Page 8 af'i 7