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201108345 for the iepairs and rescorntion in a singlo p�yment.or in a series of progress pti}nnents ps the woiic is coinpleted. If Yhe insuiance or oonde�nnaCion��rocceds arc not sufficienti to repair or restoxe the Pro��er�y, Borrower is uot relieved af Borrower's obligaCion fov thc completion o£such repnir ar restorAfion. Lender or its ngeut mny make reasonablc c��iries upon and ins�ections of the Properry. IP iu l�as reasonrxblc cause, Lendar may inspect the interior oP Che improvements on the Property. Lender sfiall give Borrowcr notico at tho tiine of or prior tio such an interior inspection specifying nuch reason�ble causa. 8. Borrower's Loan Appliea4ion. Borirower shall be in dePnulC if, duri�,g the Loui Ap��licaCiou process, Borrower or anypersons c�r cntities actin�;at the direction of'Borrower ot with Borrowc�'s lrnowledge or eonsenP gaue materially false, misleacling, or inaccw�ate information or sYatemente to Lender(or£ailed ta providc Lcndor with material infarma�tion) in connection w-ith the'Loau. Nlatcrial representations uiclude, but �re not limited to, reproeontatious co»cenung L�ormwer's oocupancy of the Property ae Brnrowe�•'s principal residence, 9. Protection of Lender's Interest in the Property and Rights UncJer this Security Instrument. If(a) Bocrowee fails to perform Hie covenanfs and agrcements contained in this Security Inst�•umenC, (b) tl�ore is a 1eba1 proceeding fhak inight signifieantly afEeot Lender's inCerest in the Property�id/or rights tmder Clus Sectu'ity Iustnm�cnt(snch as o proceecling ui Uanlauptcy, probnte, for oonde�nnatron or forfeihue, Ior enforcement oP a lien which may attain priority over tlus Security Inst�vment ar to enforce laws or regulations), or (c) Borrower has abandoned Che ProperLy, thcn I,ender i�iay do and pay for whatever is rcasonabla ot appropriate Co proteot Lender's interest iu the Pro�er�y �md rights nnder this Security Insh�im2ent, inoluding protecting and/or assessing the velue of the Property, and secnring and/or repairing the Propexty. Lender's acCions can includo, but eu�e not limit�ed to: (a)paying�ny stims secured by a licn which lu�s priority over ttris Seci�rily Instrument; (b) appcaring in cow�t; and(c)paying reaeonable aftorneys' fees to protect ifs interest in the Property aud/or righYS uuder Sl�is Security fnsh•wnent, including its secured positioi7 in a baula'uptoy proceeding. Secw'ing tl�e Property inoludes, bu4 i�not limited to, enteriug tha Praperty fo make rcpairs, chanbe]ocks, replace or board up doors tuid windowe, drain water from pipes, aliminnte building or other oodaviolafions or de��gcr�jus condilious, and haua utilities turned on or oPP. A1tl�ough Lender inay take action ttnder thie Sectioii 9, Lender does no4 havc t� dn so and is noti under any duty or obligalion tio do sa lt is agreed th¢t Lender uiours no liability for not tt�king �ny or all actiions autF�orized tmder Uvs Section 9. Any amounEti disburhed by I,e�ider underthis Seclion 9 shall l�ecrnne additional debt of Borrowcr secm�ed by this Seonxity Inefi'unlent. Thesc amo�mts sha11 bear intere,9t at the NoYs rate t'rom the date of disburscment and stiall be payahle, with enoh inEetesC, upon votioo fi'om Le�ider to Borrower requesting�payment, Sf this Seenrity InsfnimenC ie on a lcaschold, lion�o��er sl�all com�ly wiUi all Yhe pro�viaions of the lease. Il' Borrower acquirea Pee tiCle to the Property, the leasehold and El�c fcc tit1e shall not merge Luiless Lender agreu5 to the ruerger in wriling. 10. M ortgage InsuPallce. IP Lendor rcq�iired Mortgage Insuranca as a eondition of making the Lo�n, Borrowec shall pay tha premiuuis eec�uired to maintnin the Mortg2ge Insurance in effect. lf, fbr any reason, Yhe Mortgage lnsurance cover�ge required by Lender ceasea fo Ue flunilal�le from �he mortgago insurer thai previousl5r providod eiwh insivance and Rorrower was required Co make separntely designatied payments toward the premi�rn�s for MorCgage Ii�euranco, $oProwcr el�eil1 pay Che pramiuins iequired to obtnin coverage substantially equivalent to the Mortgage Inaur�nce previously in offect, af a eost substantially equivalent ko t1�e cwt to,13orrower oP the MorEgaga Hisarance previously in efPeah, fi om an altci7�atc mortguge ivsurar selected Uy Lcndcr. [f suUstantially equivalenC Mortgage Insuruicu coverage ie not available, Bon�ower yhall ea�zoa NEBRA�SKA-Single Family-Fennie fdae/Freddle A7ec UNIFORA7 INSI RUtdENT Form 30L8 1/07 Vh1P O VMPB(NC)(11�5) Wniters I(luwer Finanr,lal5crvlcea Pagc 0 oF 17