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2oiiosos3 <br />for the repairs and restorarion 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 inspecrions of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the unprovements 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 persons or entities acting at the direcrion of Bortower 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 />are not limited to, representations concerning Bonower'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 />Bonower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal proceeding that might significantly af€ect Lender's interest in ttte Property andlor rights under this <br />Security Instrument (such as a proceeding in bankruptcy, probate, for condemnarion or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Instntment or to enforce laws or <br />regulatious), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is <br />reasonable or aggropriate to pmtect Lender's interest in the Property and rights under this Security <br />Instrument, incFuding prote,cting au�/or assessing the value of the Propesty, and s�uring aud/or repairing <br />the Froperty. I.eader's actions can; include, but are not limited to: (a} paying an� sums secured by a Iieri <br />wtuch ha� priority ovea tfais SecuFity Instrument, (6) aPPearing in court; and (c) paying reasonable attomeys' <br />fees tc� grote.ct its interest in t�e Properiy and/or rigfits under this Security Instrument, including its s�cur�i <br />positian in a banta�ptcy procee�ing. Securircg the Property includes, but is not limited to, entering the <br />Progerty to make repairs, cYiaage tocks, repTace or board up doors and wiadows, drain water fram pipes, <br />elimiIIate builcting or ottrer code violati�ns or dangerous conditions, and have utilities turned on or off. <br />Although Lencter may take actioa vnder this Section 9, I,ender 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 ali actions <br />authorized under this Section 4. <br />Any amovnts disbursed by Lender under this Secrion 9 sha11 become additional debt of Borrower secured by <br />this Security Instrument. These amounts sha11 bear interest at the Note rate from the date of disbursement <br />and shall be payable, with such ititerest, upon norice from Lendea to Bonower requesting payment. <br />If this �curity Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Borrower acquires fee title to the Property, the leasehold and the fee ritle shall not merge unless Lender <br />agrees to the merger in writing. <br />T0. Mortgage Insurance. If Lender required Mortgage Insurance as a condirion 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 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, Bonower 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 Bonower of the Mortgage Insurance previously in effect, from an altemate 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/O7 <br />VMP � VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 8 of 17 <br />`t <br />