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2012066�� iiuossiaa 6. Condemnation, Tho proceeds of any award or cleim for damages, direct or conseyuential, in connection with any condemnation or other taking of any part af the Properiy, or for conveyance in place of condemnation, are hereby assigned and shall be paid to Lender to tha axtent of the full amount of the indebtedness that remains unpaid under the Note and this Security Instrument, Lender ahall apply such procecds to the reduction of the indebtednass under the Note and this Security Instrumant, first to any delinqueat amounts applied in the order provided in paragraph 3, and then to prepayment of principal. Any application of tha proceeds to the prittcipal shalt not extend or postpone tho due date of the monthly paymenta, which are referrad to in paragraph 2, or change the amount of such payments. Any excess . proceeds over an amount reyuired to pay all dutstanding indebtedness under the Note and thts Security Instrument shall be paid to the entity legally entitlad thereto. 7. Chargea to Borrower and Protec�ion of Leader's Righta in the Property. Borrower shall pay all govarnmental or municipal charges, fines and impositions that are not included in paragraph 2, Borrower shall pay thesa obligatioas on time directly to tho entity which is owed the payment, If failure to pay would adversely affect Lander's interest in the Properly, upon Lender's requast Borrower ahall promptly furnish to Lendar receipts ovidancing these paymenta. ' If B�rrower fails to maka thesa paymants or tha paymants required by paragraph 2, or fails to parform any othar covanants and agraemants contained in this Sacurity Instrument, or there is a legal procaeding that may significantly affect Lender's rights in the Property (such as a proceeding ln baakruptcy, for candemnation to anforca lawa or ragulations), than Lender may do and pay whatever ia necessary to protect tha value of tha properiy and Lenders rights in tha Proparty, including payment of taxas, hazard insuranco and other items mentionad in paragraph 2. Any amounts disbursed by Lender under this paragraph shall becoma an additional debt of Borrower and ba sacured by this Security Instrument. Thesa amounts shall bear intarest from the date of disbursemant, at tha Note rate, and at tha option of Lender, shall ba immediately due and payable. 8, Fees. Lender may collect fees and charges authorized by the Secretary. 9. Grounda for Acceler�Hon of Deb� (a) Default. Lander may, except as limited by regulations lssued by the Secretary in tha case of payment dafaults, require immediate payment in full of all sums secured by this Security Instrument if: . � (i) Borrower defaults byfailing to pay in full any monthly payment required by this Security Instrumant prior to or on tha dua date of the next monthly payment, or (ii) Borrower defaults by failing, for a period of thiriy days, to perform any other obligations contained in this Security Instrument, (b) S�le Without Credit Approval, Lander shall, if permitted by applicable 1aw (including section 341(d) of the Garn-St Germain Depository Institutions.Act of 1982, 12 U.S.C. 1701j- 3(d)) and with tha prior approval of the Secretary, require immediate payment in full of all sums secured by this Security Instrument if: (i) All or part of the Property, or a baneficial intarest in a trust owning all or part of the Proparty, is sold or otharwise transfarrad (other than by devise or dascant) and (ii) Tha Proparty is not occupied by the purchaser or grantee as his or her principal residence, or the purchaser or grantea doas sa occupy tha Proparty but his or h6r cradit has not bean approved in accordance with the raquirements of the Secretary. (c) No Waiver. If circumstanccs occur that would permit Lender to require immediata payment in full, but Lendar does not require such payments, Lender does not waive its rights with respect to subsecnient events. (d) Regulatlons of HUD Secretary. In many circumstances regulations issued by tha Secretary will limit Lender's rights in the case of payment defaults, to reguire immediate paymant in full FHA Nebraska Deed of Troat - 06/12 � 391.14 Pa�e 4 of 8