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201107962 <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 /> Borrower is not relieved of Borrower'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 Borrower <br /> notice at the time of or prior to such an iriteriar inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan applieation process, <br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrower's l�nowledge or <br /> consent gave materially false, misleading, ar 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 /> are not lunited to, representations conceming Borrower's occupancy of the Properly 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 this 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 proceeding in baxil�u.ptcy,probate, for condemnation or forFeiture, for <br /> enforcement of a Iien which may attain priority over this Security Ynstnzment or to enforce laws or <br /> regulations), or(c) Borrower has abandoned the Property, then Lender 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 /> Instruanent, including protecting andlor assessing the value of the Property, and securing and/or repairing <br /> the Property. Lender's actions can include, but are not limited to: (a)paying any sums secured by a lien <br /> which has priority over this Security Instrument; (b) appearing in court; and(c)paying reasonable attorneys' <br /> fees to protect its interest in the Properiy and/or rights under this Secizrity Instiliment, including its secured <br /> position in a bankiziptcy 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 windows, 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 action under this Section 9, Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions <br /> authorized under this Section 9. <br /> Any amounts disbursed by Lender under this Section 9 shall 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 Borrower requesting payment. <br /> If this Security Inst�zunent is on a leasehold,Borrower shall comply with all the provisions of the lease. If <br /> Borrower acquires fee title to the Property, the leasehold and the fee title sha11 not merge unless Lender <br /> agrees to the merger in writing. <br /> 10. M ortgage Insurance. If Lender required Mortgage Ynsurance 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 Insuranee previously in effect, at a cost substantially equivalent to <br /> the eost 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 /> 231196 <br /> NEBR4SKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028'I/01 <br /> VMP'Jn <br /> Wolters Kluwer Financiai Services VMP6(N�(4105) <br /> Page 8 of'17 <br />