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�� i 1��'7'�.� � <br />for the repairs and restoration in a single payment or in a series of progress payments as the work is <br />completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, <br />Bonower is not relieved of Bonower's obligation for the completion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Bonower <br />notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persans or entities acting at the direction of Borrower or with Bonower's knowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material information) in connection with the Loan. Material representations include, but <br />aze not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in tlus Security Instrument, (b) there is a <br />legal proceeding that might significantly afFect Lender's interest in the Property and/or rights under this <br />Security Instrument (such as a proaeeding in banlauptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Property, then I.ender may do and pay for whatever is <br />reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br />Instrument, including pmtecting and/or assessing the value of the Property, and s�uring and/or repairing <br />the Property. Lender's acrions can include, but are not Iimited to: (a) paying any sums secured by a lien <br />which has priority over ttus Se,curity Instrument; (b) appearing in court; and (c) paying reasonable attorneys' <br />fees to protect its interest in the Property and/or rights under ttus Security Instrument, including its secured <br />position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the <br />Property to make repairs, change locks, replace or board up doors and windaws, drain water from pipes, <br />eliminate building or other code violations or dangerous conditions, and have utilities tumed on or off. <br />Although Lender may take acrion under this Se,ction 9, Lender does not have to do so and is not under any <br />duty or obligarion to do so. It is agreed that Lender incurs no liability for not taking any or all acrions <br />authorized under this Section 9. <br />Any amounts disbursed by Lender under this Section 9 shatl become additional debt of Borrower secured by <br />this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement <br />and shall be payable, with such interest, upon notice from Lender to Bonower requesting payment. <br />If this Security Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Bonower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage lnsurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insurance and Borrower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 7/01 <br />VMP Q VMP6(NE) (71051 <br />Wolters Kluwer Financial Services Page 8 of 17 <br />`�R � � <br />