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201107695 <br /> for the repairs and resCOration in a sin�le payment or in a series of progress payments as t1Te worl< is <br /> completed. If the insurance or condemnation proceeds are not sufCicienC Co repaix oc resCore the ProperCy, <br /> Borrower is not relieved of Borrower's pbligaCio�� for tUe completion oP such repair or restoration. <br /> Lender or its agent may make reasonable entries upon and iuspections of the Proper6y. Pf ic has reaso�iable <br /> cau,se, Lender may inspecC Che interior of the improvemenYS on Yhe Properry. Lender shall give Borrower <br /> uotice at the time of ot prior to aueh an interior inspection specifying sucli reasonable cause, <br /> 8. Borrower's Loan Application. Borrower shall be in defaulY iP, during the Loan applieation process, <br /> Borrower or any persous or evtities lcting aY the direction pf Borrower or with Borrower's knowledge or <br /> consent gave materially false, misleading, or inaceur�ite iilformation or stltements to Lender(or fliled to <br /> provide Lender with materia] informaYion)in connection with Che L,oan. Material representations ineLude, but <br /> are not limited w, represevtatious concerning Borrowec's occupaucy of tlie Property as Borrower's princi�a] <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> BorrowerYails to perfom�the covenants and agreements cont�iined in tfiis Security Instrument, (b) there is a <br /> lcgal proceeding that might signiPicanCly afPecC L.ender's inCerest in the Pxoperry and/or rights under Chis <br /> SecuriCy Inst�ument(such as a proceeding in bankruptcy, probaCe, Por condemnaCion or forCeiture, for <br /> enPoreement of a lien which may attain priority over this Sewrity InsUumenf or to enforce laws or <br /> regulations), or (c) Borrower has abandoned d�e Property, Yhen Lender may do and pay for whatever is <br /> reasovaUle nr appropriate to pxotect Lender's interest in tl�e Properry and rights under this Securiry <br /> Instrun7ent, including protecting and/or assessing the value of the Property, and securing and/or �epairing <br /> the Property. I.ender's acfions can include, but are not limiCed to: (a)paying any sums secured by a lien <br /> whicli has priority over this Securiry Instrument; (b) appearing in courC;and (c)paying reasonable atCoi��eys' <br /> fees to protect its interest in tl�e Property 1nd/or riglits nnder this Security LisCrument, including its secured <br /> position in a b.mkruptcy proceeding. Securing the Pr�perty includes, but is nat limited'to, entecing the <br /> Property to make repaics, change locks, replace or board up doors and windows, drain water from pipes, <br /> aiiminate building or other code violations or dangerous condi[ions, and have utilities turned on or oPf. <br /> Although Lender may take action under this 5eetion 9, Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lendei incurs no liabiltty for noC Caking any or all actions <br /> authorized under tliis Scetion 9, <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debC oP Rorrower secured by <br /> this Security Ins[rument. These amounta shall bear interest at the Note xaee from Yhe date of dis6ursement <br /> and shall be pxyfible, with such interest, upon notice from L,ender tc� $oxrower requesting payment. <br /> If this Security Ins[rument is on a leasehold, Borrower shall comply wi[li all the pxovisions of tlie lease. If <br /> Borxower acquires fee tiele to Che ProperCy, the leasehold and the fen title shall not merge unless Lender <br /> agrees co the merger in wricing. <br /> 10. Mortgage Insurance. If Lender required MorC�agc Insurancc as a condition of n�king the Loan, Bon�ower <br /> shall pay the premiums required to maintain the Mortgage Insurance in eTPccC. If, fox any rcason, chc <br /> Mortgage Insurance�coverage required by Lender ceases Co be available from the mortgage insurer that <br /> paeviously provided such insurnnce 2nd Borrower was required to make separately designated payments <br /> toward the premiums fot Mortgage Insurance, Borrower shall pay Ylie premimns required ta obtain coverage <br /> substantially equivalenC Co che Mortgage Insurance previously in efPecC, at a cost suUstantially equivalcnC to <br /> [lie cost fo Borrower of the MorCgage Insurance previously in effeet, from an alternate moctga�;e insm'er <br /> selected by L,ender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower sliall <br /> 231189 <br /> NEfiRASKA-Sin�la FnmllyFennle MaelFreddle Mac UNIFOqM INSTHUMENT Fonn 30281/01 <br /> VMP Qn VMPaINE)(1106) <br /> WoHom Kluwor Flnanaial Sorviacs Pagc 0 of 1� <br />