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20110900G <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 />Borrowcr is not rclicvcd of Borrowcr's obligation for thc complction of such rcpair 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 al lhe time of or prior lo tiuch an interior inspeclion specifying such reationable cautie. <br />8. Borrower'sLoanApplieation shall be in default if, during the Loan application process, <br />Bonower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material infortnation) in connection with the Loan. Material representations include, but <br />arc not limitcd to, rcprescntations conccrning Borrowcr's occupancy of thc Property as Borrowcr's principal <br />residence. <br />9. Protectionof Lender'slnterest in the Propertyand RightsUnderthis Security instrument. If {a) <br />Borrower fails to perforn► the covenants and agreements contained in this Security Instrument, (b) there is a <br />legdl proceeding lhat might significantly affect LenJer's inlerest in the Properiy anJ/ur rights under lhis <br />Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Instrument 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 />Instrurncnt, including protccting and/or asscssing thc valuc of thc Property, and sc:curing and/or rcpairing <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 Instnunent; (b) appearing in court; and (c) paying reasonable attomeys' <br />fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured <br />position in a hankruplcy proceeding. Sec:uring ihe Properly includes, but is nol limitecl lu, enlering the <br />Properiy 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 turned 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 />authorizcd undcr this Scction 9. <br />Any ainounts disburserl by Lender under this Section 9 shall becoine additional debt of Bonower secured by <br />this Security Instnunent. These amounts shall bear interest at the Note rate froin the date of disbursement <br />and shall be payable, with such interest, upon notice &om Lender to Borrower requesting payment. <br />If this Security Instnunent is on a leasehold, Bortower shall comply with all the provisions of the lease_ If <br />Borrower acquires fee title to the Properly, the leasehold and the fee title shall not merge unless Lender <br />agrees lo lhe merger in writing. <br />10. Mortgage Insurance.If Lcndcr rcquircd Mortgagc Insurancc as a condition of making thc Loan, Bonowcr <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 paymenis <br />loward lhe premiums for Morlgage Insurdnce, Borrower shull pay the premiums reyuired tu oblain coverdge <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substaulially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an allernate mortgage insurer <br />selected by Lender. If substantially eyuivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKASingle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 9/0� <br />VMP � VMPB(NE) (1105).QO <br />Wolters Kluwer Finanaal Semces Pe9e 8 of 17 <br />