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I i I . I · i I ' I "" _._.'m_._....:......-_._,_~L__ ____,~_".,_..~''''_._...,...,''_,.. ._...,....".,..l,..,.._......_"w. '"~. _.~.._,,~_"_,...~.,,~'..".N.._.><.."_~""~. "'...._._._..._.. _.... 200708160 deteriorating or decreasing in value due to its condition. Unle5S it is detennined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repmr the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for rePairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repllirs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds ere not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent wlo/ make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower', Loan Application. Borrower shall be in default if, during the Loan application process. Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest In the Properly and Rights Under this Security InstrumenL If (a) Borrower fails to perform the covenants and agreements contained in this Securily Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in tbe Property and/or rights under this Security Instrument (sucb as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien whicb may attain priorily over this Security Instrument or to enfurce laws or regulations), or (c) Borrower has abandoned the Properly, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in tbe Prcperly and rights under this Security Instrument, including protecting and/or assessing the value of the Properly, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priorily over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Properly and/or rights under this Securily Instrument, including its secured position in a bankmptcy proceeding. Securing the Properly includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Altbough Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this Securily Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease, Borrower shall not, without the express written consent of Lender, alter or amend the ground lease, 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effecL If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided sucb insurance and Borrower was required to make sePlltately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non- refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender agllin becomes available, is obtained, and Lender requires seP8fately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and NEBRASKA-.Singl. Family-Fannie Mlle/Freddle Mac UNIFORM INSTRUMENT GY2023.HP Form 3028 1/01 (p<Jge 7 of /4 fKl8'I') /'1 .1l U If)