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<br /> are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the
<br /> Property or to pay amounts unpaid under the Note or this Security Instrument,whether or not then due.
<br /> 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence
<br /> within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's
<br /> principal residence for at least one year after the date of occupancy,unless Lender otherwise agrees in writing,which
<br /> consent shall not be unreasonably withheld,or unless extenuating circumstances exist which are beyond Borrower's
<br /> control.
<br /> '7. Preservation, Maintenance and Protection of the Property;Inspections. Borrower shall not destroy,
<br /> damage or impair the Property,allow the Property to deteriorate or commit waste on the Property. Whether or not
<br /> Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from
<br /> deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or
<br /> restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further
<br /> deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to,or the taking
<br /> of,the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released
<br /> proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in
<br /> a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient
<br /> to repair or restore the Property.Borrower is not relieved of Borrower's obligation for the completion of such repair
<br /> or restoration.
<br /> Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause,
<br /> Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time
<br /> of or prior to such an interior inspection specifying such reasonable cause.
<br /> 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process,
<br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrowers knowledge or consent gave
<br /> materially false, misleading, or inaccurate information or statements to Lender(or failed to provide Lender with
<br /> material information) in connection with the Loan. Material representations include, but are not limited to,
<br /> representations concerning Borrower's occupancy of the Property as Borrower's principal residence.
<br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a)
<br /> Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b)there is a legal
<br /> proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument
<br /> (such as a proceeding in bankruptcy,probate,for condemnation or forfeiture,for enforcement of a lien which may
<br /> attain priority over this Security Instrument or to enforce laws or regulations), or(c)Borrower has abandoned the
<br /> Property,then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the
<br /> Property and rights under this Security Instrument,including protecting and/or assessing the value of the Property,
<br /> and securing and/or repairing the Property. Lender's actions can include,but arc not limited to: (a)paying any sums
<br /> secured by a lien which has priority over this Security Instrument;(b)appearing in court;and(c)paying reasonable
<br /> attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument,including its secured
<br /> position in a bankruptcy proceeding. Securing the Property includes,but is not limited to,entering the Property to
<br /> make repairs,change locks,replace or board up doors and windows, drain water from pipes, eliminate building or
<br /> other code violations or dangerous conditions,and have utilities turned on or off. Although Lender may take action
<br /> under this Section 9,Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that
<br /> Lender incurs no liability for not taking any or all actions authorized under this Section 9.
<br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
<br /> Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be
<br /> payable,with such interest, upon notice from Lender to Borrower requesting payment.
<br /> If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease.
<br /> Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease.
<br /> Borrower shall not,without the express written consent of Lender,alter or amend the ground lease. If Borrower
<br /> acquires fee title to the Property,the leasehold and the fee title shall not merge unless Lender agrees to the merger
<br /> in writing.
<br /> NEBRASKA-Single Family-UNIFORM INSTRUMENT itnomaz
<br /> MODIFIED FOR DEPARTMENT OF VETERANS AFFAIRS-MERS ,vww_docmagic.c.v
<br /> (Rev.11011 Page 7 of 14
<br /> .iq RANK_05e4a1356
<br /> 4:%, FMDEED 1303125598
<br />
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