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2a��o�� materially faLse or inaccurate informa.tion or statements to Lender (or failed to provide Lender with any material in£onmation) in connectian with the loan evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence. If this Security Insh is on a leasehold, Borrower shall comply with the provisions of the lease. If Borrower acquires fee title ta the Property, the leasehold aud fee title sha11 not be merged unless I.ender agrees to the merger in writing. 6. Condemnahon. Tbe proceeds of any award or claim for damages, direct oz consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in place of condemnation, are hereby assigned and shall be paid to Lender to the extent of the full amount of the indebtedness that remains unpaid under the Note and this Security Instrument Lender shall apply such proceeds to the reduction of the indebtedness under the Note and this Security Insirument first to any delinquent amounts applied i.n tUe order provided in pazagraph 3, and then to prepayment of principal. Any application of the proceeds to the principal shall not ezctend or postpone the due date ofthe monthly payments, wluch are referredto in paragzaph 2, or change the amount of such payments. Any excess proceeds over an amount required to pay a11 outstanding indebtedness under the Note and tlais Security Tnstr�ment sball be paid to the entity legally entitled thereto. 7. Charges to �orrower and Protection of Lender's Rights m the Properiy. Borrower shall pay all governmental or municipal charges, fines and impositions that are not included in paragraph 2. Borrower shall pay these obliga.tions on time clirecfly to the entity which is owed the paymen� If failure to gay would adversely affect Lender's inYerest in the Property, upan Lender's request Bozrower shall promptly furnish to Lender receipts evidencing these payments. If Bo�rower fails to make these payments or th� payments requared by paragraph 2, or fails to perform any other covenants and agreements contained in this Security Instrament, or there is a legal proceedi.ng that may significantly affect Lender's rights in the Properiy (such as a proceeding in banl�uptcy, for condemnation or to enforce laws or regulations), then Lendez may do and pay whatever is necessary to protect the value of the Property and Lender's rights in the Property, including payment of taxes, hazard insurance and other items mentioned in paragraph 2. Any amounts disbursed by Lender under thi� paragraph shall become an additional debt of Borrower and be secured by this Security Insttument These amounts shall bear interest from the date of disbursement at the Note rate, and at the option of Lendex sha.11 be immediately due and payable. Bonower sha11 promptly dischasge any lien which haS priority over t1�is Security Instrument unless Borrower: (a) a�ees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) contests in good faith the lien by, or defends against enforcement of the Iien in, legal proceedings wl�ich in the Lender's opinion operate to prevent the enforcement of the lien; or (c) secures from the holdez of the lien au agreement satisfactory to Lender subordinating the lien to this Security Tnstrument If Lender determines thaz any part of the Property is subject to a lien which ma.y attain. pziority over this Seeurity Instrument, Lender ma.y give Bonower a notice identifying the lien. Borrower shall safiisfy the lien or take one or more of the actians set forth above within 10 days of the giving of notice. 8. Fees. Lender ma.y coIlect fees and charges authorized by the Secretary. 9. Grounds for Acceleration of Debt (a) Default. Zender ma.p, except as limited by regulat[ons issued by the Secretary in the case of payment defaults, require immediate payment in fall of all sums seeured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly payment required by this Security Insirument prior to or on the due daxe of the next monthly pa.yment, or (u� Borrower defaults by failing, for a period of thirty days, to perform any other obligations contained in this Security Instrument (b) Sale Without Credit ApprovaL Lender shall, if permitted by applicable law (includi.ng section 341(d) of the Garn-St Germain Depository Institutions Act of 1982, 12 U. S. C. 1701 j-3(d)) and with the prior approvat of the Secretary, require immediate payment m full of all sums secured by t�is Seauity Instrument iF (i) All oz part of the Progerry, or a beneficiai interest in a trust owning all or part of the Property, is sold or otherR*ise transferred (other than by devise or descent), and FHA NEBRASKA D� OF TRUST - M�S NEDOTL.FHA 07/03/12 Page 4 of 9 DocMlagts � inrww.docmagic. com �' � f� i�'� i' � li � i IIV�� i�� S ��i ��i:i ti � � � � � i�. � i� S ��. � � � � i ,�� ;��, �'�,�� '�"� ��,�,�'�' �'� , ti��'�'