201700771 - Laserfiche WebLink

Browse

2� 17��771 f�r the repairs a�nd restaratian in a single payment or in a series of pr�gress payments as�he work is comgleted. If the insurance or condemnation prflceeds are not suf�cient to repair or restore�he Property, Borrower is ndt r�lie�ed uf Barrower's obtiga�ion for�he completion uf such repair�r restaration. Lender or its agent m�ay make reasonable entries upon and inspections of�he Property. If it has reasanable cause, Lender may insp�ct the interior of the impr��ements on the Property. Lender shall gi�e Barr�wer notice at the time of or prior to such an inter�or inspection sp�cifying such reasonable ca.use. 8. Borrower's Lnan Application. E�arrower sha11 be in default if, during the Laan application process, Borrower or any persons or entities acting at the direction of Borrower ar with Borrower's knowledge or cansent ga�e material�y fa�se, mis�eading, or inaccurate information or statements to Lender(or failed to pro�ide Lender with material inform�ation)in conr�ection with the Laan. Material repres�ntations include, but are not limited ta, re�presen�atians concerrung Barrower's occupancy of the Property as Borrower's principal residence. 9, Protect�on of Lender's �nterest in t�e Property and Rights Under this Security Instrument. If�a} Borr�wer fails to perfarm the co�renants and agreements contained in this Security ins�rument, �b}th�re is a lega�i praceeding that might significantly affect Lender's interest in�he Property andlor rights under this Security Instrument tsuCh as a proceeding in bankruptcy, praba�e, fvr candemn�ation or forfeiture, for enfnrcem�ent of a lien which may attain pr�ority o�er this Security Instrument or to enfor+ce laws or regulations},or(c}Barrower has abandaned the Property, then Lender may do and pay f�r whate�er is reason�able or appr+apriate to pratect Lender's interest in the Proper�y and rights under this Security � Instrument, including protecting andlor assessing the�a1ue af the Property, and securing andlor repairing the Property. Lender's actians can in�lude, but are no��imi�ed ta: [a}pay�ng any swms secured by a lien which has priority o�er this Security Instrument; �b}aPpea�r'ing in court; and�c}payu�g reasonable attorneys' fees to prote�t its interest in t�ie Praperty andlor rights under�his Security Instrument, including its secur�d p�sition in a bankrup�cy praceeding, 5ecur�ng the Property includes, but is nat luruted to,entering the Pruperty to make repairs, ch�anng�locks, rep�ace or baard up doars and wi.ndows, drain water fram pipes, e�'uninate bu�lding or other cad��iolati�ns or dangerous conditions, and ha�e utilities turned nn or aff. Altl�ough L�ender m�ay take action under this Sectian 9, Lender does nat ha�e to do so and�s no�under any duty or abligation to da sa. I�is agreed that Lender incurs no liabi�ity for not taking any ar a�l actions autharized under this Section 9.� Any amounts disbursed by Lender under th�s SSe�cction 9 sha1�become additional debt of Barrower secured by this Security Instrument. These amounts sha11 bear interest at the Na�e rate from th�date of disbursement and sha11 be payab�e, with such interest,upon notice from Lender to Barrower request�ng payment. If this Security Instrument is on a leasehold, Borrawer sha11 comply with a11 t�ie pro�isions of the lease. �f Barrower a�cquuires fee title ta the Properry, the lea5eha�d and the fse titl�sha11 n�t merge unless Lender agrees to the merger in writing. ��. Mortgage Insurance. If Lender requined Mortgage Insurance as a candition of rn�aking the Loan, Barr�wer sha11 pay�he premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance co�erage required by Lender ceases to be a�aulab�e from txie martgage insurer that pre�ously pro�ided such insurance and Borr�wer was required to make s�parately designated payments toward the premiums for Mor�gage Insurance, Barrower sha1�pay the pr�miums required to obta�n c��erage substantialiy�qui�alent to the Mortgage Insurance pre��usiy in effect, at a cos�substantia��y equi�a�ent to the cast to Borrower of the Mortgage Insurance pr��iously in effect, from an a��ernate mor�gage insurer selected by Lender. If subs�arltially equi�alent Mortgage Insurance co�erage�s not avai�able, Borrower sha�l NEBRASKA-Single Famiiy-Fannie MaelFreddie Mac UNIfDRM INSTRUMENT Form 3028 11U1 VMP� VMPfi�NEf�130�1.48 Wolters Kluwer Financ�a!5e3v�ces Page S of�7