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20110�060 <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 aze not suff'icient to repair or restore the Property, <br />Bonower 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 interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Applicafion. Borrower shall be in default if, during the Loan application process, <br />Bonower or any persons or entities acting at the direction of Bonower or with Borrower's knowledge or <br />consent gave materially faise, 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 />are not limited to, representations concerning Borrower's occnpancy of the Property as Borrower's principal <br />residence. <br />9. Protecfion 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 proceecling that miglit significantly affect Lender's interest in the Property andlor rights under this <br />Security Instcvment (such as a proceediug in bankruptcy, probate, for condemnation vr forfeiture, for <br />enforcement of a lien which may attain priority over tlus Security Instrument or to enforce laws or <br />regulations), or (c) Bonower has abandoned the Propert}r, 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 Se.eurity <br />Instrument, including pmtectiag and/or assessing the value of the Froperty, and securing andJor repairing <br />the Progerty. L.ender's aceions c.ari include, but are not limitefl to: (a} paying any sums secured by a lien <br />which has priority over this Securrty Instrument; (b) appearing iu caurt; and (c) paying reasonable attomeys' <br />fees to protect its interest in the Froperty and/or rights under thi� Security Tastnxment, including its secured <br />positioa iu a banlcruptcy proceedi,ng. Securing the Praperty includes, but is not Iimited to, enterigg the <br />Properiy to make repairs, ch�uge Iocics, replace or boud up dQOrs anct win�ws, drain water from piges, <br />eli�ninate building or ot�er caie violations or dangerous conditions, and have utilities turnec� on or off. <br />Although Lender may take action under this Secrion 9, I,ender does not have to do so az►cfi. is not uncter any <br />duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or atl acrions <br />authorized under this Secrion 3. <br />Any amounts disbursec� by Lender tmder this Section 9 shall become additional debt af Borrower securect by <br />this Security Instraanent. 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 Instnunent is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br />Borrower acquires fee ritle to the Property, the leasehold and the fee ritle sha11 not merge unless Lender <br />agr�s to the merger in writing. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Bonower <br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lenfler ceases to be available from the mortgage insurer that <br />previously provided such insurance and Borrower was required to make separately designated payments <br />towazd the premiums for Mortgage Insurance, Borrower shall pay the premiu.ms required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Bonower 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-Fannfe Mae/Freddle Mac UNIFORM ITISTRUMENT Form 3028 1l01 <br />VMP p VMP6(NE) (1105) <br />Wolters Kluwer Financial Serv(ces Page 8 of 17 <br />