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201108174 <br /> for the rep�.irs a7zd restoratiion in a single payment or in a series afprogress payinents as the worlc is <br /> completed, If the insurauce or coiiden�nation proceeds are not sLlfficient to repair or restiore tlie Property, <br /> Borrower is not relieved of Borrower's oUlig�tion for the cornpletion of such repair or restor�tion. <br /> Lender or its agent may malce reasonable entries upoiz anci inspections of the Property. If it has reasonlble <br /> cause, Lender ma.y inspect the interior of the improvements on the Property. Lender shall give Borrower <br /> no�ice at tha time of or prior to such�n inte�ior iiispection specifying such reasonaUle cause, <br /> 8. f3orrower's Loan Application. Borrower shall Ue ii1 def2ult if, duririg the Loan application process, <br /> Borrower or�ny persons or entities�cting at the direction of Borrower or with Bori�ower's 1alowledge or <br /> consent gave materially false, inisleatling, or inaccnrate infori��ation or stafements to Lender(or failed to <br /> provicie Lender with�naterial inforination) in connection witrl the Loan. Material representations incluc�e, but <br /> are liot liinited to, representations coiiceriiing Borrower's occupaiicy of t11e Property as Borrower's pi•incipal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(�) <br /> Borrower fails to perfornl tlze co�enants and agreem�nts conEained in this Security Instrument, (b)there is a <br /> legal proceeding that might signi�cantly affect Lender's interest in the Property 1nd/or rights under this <br /> Security Instrument(s�ich as a proeeeding in b�nlcruptcy, probate, for condemnation ar foi�eitYU•e; for <br /> enforcement of a lien which may attain piiority over this Securi�y Ii2struinent or to en�'orce laws or <br /> regulations), or(c) Borrower has aliaucloned the Property, then Lender may do and pay for whatever is <br /> re�sonaUle or appropriate to protect Lender's interest in the Pioperty aizd rights under this Security <br /> Insti•�uileizt, inchiding protecting ai�d/oi assessing the vahie of the Property, and securing a�ac1/or repairing <br /> �;he Proper•ty, Lender's actions can include, bLtt are not liinited to: (a)paying any sums secured by a lien <br /> which has priority over this SecLirity Insti�Liment; (�) appearing in court; arld(c)paying reasonabl�attorneys' <br /> fees to protect its interest in the Property 1nd/or rights under this Secttrity Instrument, including its secureci <br /> position in�Uanla•uptcy proceeding. Securing tlie Property includes, Uut is ziot limited to, entering�he <br /> Property to malce i�e�airs, cli�nge locics, repl�ce or board up doors and windows, drain water from pipes, <br /> eluvinate building or other code violations�or�dangerotts�conditi�ons, and 11ave utilities tiunecl on or oTf <br /> Although Lender in�y take action under tliis Section 9, Lender does not have to do so aild is not uncler aizy <br /> du�y o�obligation to do so. Zt is agreed that Lender incurs no liability For noti talcii�g any or all actions <br /> autiliorized uilcler this Section 9. <br /> Aily�mounts disUursecl by Le�der under flus Section 9 sh�ll become aclditional deUt of Borrower secured Uy <br /> this Secui°ity I�istrmnent. These amounts sha11 bear interest at the Note rata froin the date of disbnrsement <br /> a�7d shall be payable, with such interest, upon notice fi•om Lender to Borrower requesting�ayinent. <br /> If this Security Instrixmei�t is on �t leasehold, Bor�ower s1�a11 cos�lply witli all the provisio�is of th�lease. If <br /> Borrower acquires fee title to tlie Property, the leaselzold and the fee titile sliall not merge unless Lencier <br /> agrees to tlle inergei� in writing. <br /> 10. M ortgage I nsuf anee. If Lender required Mortgage Insui•�nce as a condition of malcing the Loasl, Borrower <br /> shall p�y the premiuins required to inaintaul the Mortgage Insurauce in effect. I�', for any reason, �he� <br /> Mortgage Insurance coverage required by Lender ceases to Ue availlUle from the mortgage insurer�hat <br /> pz•eviously provided sucli insurance aild Borrower w�s i•equired to inalce separ�tely designatecl payinents <br /> towas•d the premiums For Moi•tgage Ii�sui a�1ce, Borrower shall pay the�remiums required to obtaili coverage <br /> subsiantially equivalen�to 'tlie Mortgage Instu•ance previotiisly in effect, at a cost substantially eqtiiivalent to <br /> the cost to Borrower of the Mort�age Znsurance previously in effect, fi�om an alternft�e mortgage insurer <br /> selecied l�y Lender. If substantially e�uivaleizt Mortgage Insui•ance cover�ge is not ava-ilable, Borrower shall <br /> 231201 <br /> NEBRASKA-Single Fam ily-Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT Fotm 3028 1/01 <br /> VM P OO VM P6(NE)(1105) <br /> Wolters Kluwer Financlal Services Page 8 of 17 <br />