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<br />proceeds either to repair or resWre th.,e��'1'oj�rly-orio p3y amoimts unpaid undar the Note or this Security
<br />Instniment, whether or not then due. =`'
<br />6. Occupancy. Borrower shall occupy, astablish, and use the Property as Borrower's principai
<br />residence within 6' a e a$er the execution ofthis Secnrity Inshumant and shall conhnue to occupy the Propercy
<br />as Borrower's grin��j'dence for at least ona year afterthe date of occupancy, �mless Lender otheivviseagrees
<br />in writing, which consent shell not be unreasonably withheld, or imless extenuating circurostances axist which are
<br />beyond Borrower's control.
<br />7. Preservation, Maintenaace and Protection of the Pro�►erty; Inspectlons. Borrower shall not
<br />destroy, damage or �►paa the Property, allow the Properiy to detenorate or conumt waste on the Property.
<br />Whether or not Borrower �s residing in the Properiy, Boaower shall maintain tha Property in order to prevent the
<br />Property from deteriorating or decreasing in value due co its condition. Unless it is detarmined pursuant to
<br />Section 5 that repair or restoration is not economically feasi'ble, Borrower shall promptly repair the Properry if
<br />damaged to avoid further deterioration or dam�ge. If insurance or conde�nation proceEtds aze paid in connecmon
<br />with damage to, or the taking of, the Proparty, Boirowa shall be responsble for repamng or restoring the
<br />Property only if Lender has releasad proceeds for such purposes. Lende�ay disbursa proceeds for 4he repairs
<br />aad restorarion m a singlepayment or m a series ofpro&ress payments as the vaDtk is completed if the insurence
<br />or condemnation proceeds are not sufficiant to rapaa or restore the Property, Boaower is not relieved of
<br />Borrower's obligation for tha compietion of such repair or restotation.
<br />Lendar or its agent may make ressonabte entries upon and inspectlons of the Properiy. If it has
<br />reasonabla cause, Lender may mspect the interior of the improvements on the Property. Lender shall give
<br />Borrower norice at the tima of or prior to such an interior inspecdon specifying such reasanable cause.
<br />8. Borrower's Loan Applieatioa. Borrower shall be in default if, duriag tha Loan application
<br />process, BoROwer or any persons or enrities acting at the direction ofBorrower orwith Boaowar's knowledge or
<br />consent gava materially falsa, misleading, or inaccivate infomtation or statements to Lender (or failed w proende
<br />Lender with material inforniation) in connectioa with the Loan. Material representations include, but are not
<br />limited to, representations conceming Borrower's occupancy of tha Property as Borrower's principal residence.
<br />9. ProtecHon of Lender's In2eres4 in the Property and Rig6ts Under this Security Instrument If
<br />(a) Borrower fails to perform the covenants and agreements contained in this Security Insuument, (b) 4here is a
<br />legal proceedin$ that might si�nificanUy affect Lender's interest in the Property and/or rights w�der this 3ecurity
<br />Instrument (such as a proceedmg in banlauptcy, probate, for condemnation or forfeiture, for enforcement of a lien
<br />which may aztain prionty over thts Secunty Fnstcvment or to enforce laws or regulations), or (c) Borrower has
<br />abandoned the Properry, then Lender ma� do mnd pay for whatever is reaaonable or appropciate to protect
<br />Lender's inYerest ir the Property and rights under this Secu�y Instrument, inc2uding prmecting and/or assessi�
<br />the value of Yha Praperty, and securing and�or repairir�g the Properiy. Lemder's action , can 9nclude, bue are not
<br />limited to: (a) Paying any swns secured by a lien wluch has p:iortty over this Security Insfi�ment; @} aPpeaTing
<br />in coiut; and (c) paying reasonable attorneys' fees to peoteci rts interest in the Propert�y an�/or righ4s under tmis
<br />Security Insuumeat, mcluding its secured position itt abt��lkrugtcy proceeding. Secisueg the Prs,�erty iaacludes,
<br />but is not Iimited t,, entering tha Property ta m�ke repairs, c}san�e Iocks, replaca orboa,� up doors and vr�ndows,
<br />drain water from pipes, elianinate bui]ding or otAer cod� sryo�ations o* d.an$erous conci6ons� andhave rrilires
<br />tumed on or off. AlEhough Lender may ta&e actf ov un�er this S�ction 9; �.ender does not tsave co d� so and'a� no*.
<br />under any dur,� or obligarisn to da so. It �s a�: e�d t�at Leader i�ecz;rs no iiabilfiry for not ealcing any or all �ctimns
<br />authorized under this Section 9.
<br />Any amounts disbursed by Lender under th:s Section 9 shatl becoma additiona: dett o.f Bonow�r
<br />secured by this Security Instrument 'Th�se amrn:n!�s snati qsea: inter�t at the Nota sate fram t}ie data nf
<br />disbursement and shall be payable with such interest, upoa notice fram L�ider to Borro�ver reques�ng pzymenY.
<br />If this Secuxity Inshvmeai is on a leasahaIcl, Boaower shall comply with all tbe pravis2ons of tkse lease.
<br />If Borrower acquires fee title to the Properiy, fhe )easehold aad the fee tiUa shall not srier�e unless Lender egaes
<br />to tlie merger in writing.
<br />10. 1VCortga� ge Insurence, If Lendez required N[artgage Insuraace as a condition of making �k►�
<br />Loan, Borrower shall pay 4ha premiums requ'ved to maintain tha ?Vioitgaga Insurance in effect If, for a,�iy reason,
<br />the Mortgage Insuraace coverage_ i�equirecl' hy Lender cease5 to be available from the mortg9ge ms�er that
<br />previously provided such insurance and Borrowarwas requffed to make separatelp desi�►ated p�yii�ents towvard
<br />the �remiums for Moitgage Insurance, Borrower shall pay �he }►remiumsrequired to obta� covera�e subs3antially
<br />equivalent to the Mortgage Insinance previousty in affact, at a cost substandally, equivalent te the cost to
<br />Borrower ofthe Mortgage Ins�ance prev�ous➢y in effect, from an al4emarca inortgage msurer selectedby L,er:der.
<br />If substantially equivalent Morfgage Insivarice coveiage is not.avaitable, Bomower shap continue tp pa� to
<br />Y,ender the amoun2 ef the separately designat�3 payments thatwera due when the insurance coverege �,eased to be
<br />in eff�et. Lendea will accept, use and ratain thase pays�n'�s as a non-refuadable loss seserve m lieu of Mhr��ape
<br />Iiv4urance. Such los� reserve sha}I be non-reficndable, notwitF:standing the fact that thS k.oan �s ul:iii[ate➢ypaid m
<br />full, and LendeY shall not ba required to Fa}�� E�otxosvea's►�y intera�st or eamings aqsuch �oss^iesen+e. �.�ni�er caii
<br />na longer requira loss resPrve payPnants if R�Iortgage Insurahce covatag� (in the amotmit an� tor *ha pe�tiod, rha*.
<br />Lender reguires) pi�5vided by an insurer sqle�:ted by Lender gge.ia �eccsmes available, is blitain3d, and,ir.ender
<br />requires sepa:a�telx designated payments:�ovrard �.'�e p�reaa�Lms fd- Moxtgaga Insurance. i.' L.ens3er nequired
<br />Mortgage Insuranc� as a condttion of malcm� shP :,oan aqd B¢rrovv°* was required w mnke separ�tely de,yig?iate�
<br />payinerits toward tha �remivms fbr Mort�e :�nsurRnce, Borrower shal! pay fhe premivasskeqp:�ed Yo �:aintiayce
<br />Mortgage Tnsurance m effect, cr to providE a,non-refiu�clz�le, loss absetve, tttttil �.ender'� req�ti�ement.ffrr
<br />M'o�'igage Insueance ends in ��cordas�ce witin �I�� writtem agieement Eetween BSrrowar and;,es►derpro�tcut�$�or
<br />such teac��ation or •mttiS 'tesmeiation'isiret�u,ved 6�� �#pplicaY,le Law, ,Notfimg nt. tk+5is Sect��ra i(+ a�e:Ct �
<br />Borrowas's: obligation to pay in�rest at tYie r�ta`proytded mr'the Note. • -�• •
<br />' M�rtgage Insu r.eimburses I.b�dar (or �ny entity tli8t purchas� tha Nate) fo�r certeui tdssc�lt �y
<br />incur if"Borrowar does nb: repay tho 3.can as a�reed. Bortmwer i no4 a party to the Mortgage_ �asw�y ee..
<br />�vfortgage Insurer� evaluato the�r 4at�1 ris".c c�t a�� spcb insvranca in foice firom time to ciaa�; aila� �a}%
<br />Ea�Yer nnto ageemants with otfierpai4ies that §har� or'modi�`y'�heir i�slt, or ieduce losses.'fliese agr�e�eri4s aze o,t
<br />t0rms arid cmnaitions'thaf are sgiisfactory`!o tlie amortgage' instu+EY and the other party {dr'pdrties)- to fHi:se
<br />agreements. '£hess agreeinent� may tequim th� m ge.u,s�er t� malce'paya►earts usu►$•any source o�furia�s
<br />that the mortgage insurer tnay have avail�a`i�le' Ev�hi�ma,y�indlude funds obtained friim Moitgage in'sv`raace
<br />premiums}: •
<br />As a result of these agTeemants, Lerader, any �burahaser af the nota, �other insiri�ei'� any rem�sue�r, any
<br />odier entity, or affiliate of �ny of Yhe fureko'wg, may rea;eive 1dQec^�y or nidirectly) atnounts that derive from (oa
<br />aright be c�laracterized as)�a portion of Bdrrower's payina�its for Ivlortga$e Iosurance; in. axchang2 fos sh�rin� oi
<br />. . . .
<br />NEBI3ASKA—SinglaFettuly�FamipMaefFreddleMacI11Y1FORIN�ll1iu�1'RiAYIENT Forai36�N 1N13 (�ag:.�aJ9pnngesj
<br />9754.CV ('//11) S30UIO2807 � • ' Creeth�s Thinlcie�g. Bnc:
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