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<br /> , `,� .r.° ` � � o��° �4Ia���� LQ�NO. 15392! 7156 , ��' � -J�`'`'-.
<br /> ,. ,
<br /> ` � � � ��II insurance Patictes and renewals sha!!be acceptabte to L.ender and sha11 indude a standard mortgage dause. . °. :�� : , �'� • �, '°�� f
<br /> 4� , � Lender shall t�ave 4he�igM W hoid the polictes and�enevrala If Lender cequires.�orrower shaU promptty give to Lender ,. < o�`t,'
<br /> ��r ����r�a�rs n�n r a l�a t�s.tn t h e e v e r i t o}tass,B o rr a w e r s h a l l,�p ro m p t n o t t c o t o t h e _- ` _ }�'-
<br /> `- �— ,. �
<br /> insurancs r�rrter�[d Lender.Ler�der may matce praof o1l�s E!not made promptry by orrowes. . �. � -_
<br /> m
<br />. t. �a. u:.` F . . . . . .
<br /> <' ., Unisss l.ender and Bonower otheawiss agree tn w�tfig,tnsurance proceeds shaSl be applied to restosaticn or repair �'` ;�` ,`. `� �'-
<br /> , �:y.�--^"-� of the prope�'iydanragesi�ifthe restoraiton or repatr[s ecanomfca�tyteaslbta ertd Lsnde�'s security fs not tessened.ti the �_s 6
<br /> � .,,!� re�tor�n or B�oair Is not eoanoMcafiy feastWe ar tend�'s secu�iry vr�c!6a tessened.the Insurance Proceeds ahali -s
<br /> `<�' �: b�epptfed ta the sums sec�ted by this Securfty tnsUumer�t,w4�e'ther or not then due,�v�h arry excess patd to Borrower. j�
<br /> ff Borrowerabsr�dons the Property,or dnes not answer wfthin 3p days a notice from Lender that ths lnsurance carrier � .� ��_
<br /> �,, <,.. - . ��
<br /> , • �.� ,;�:.. `�. has affered to ss34te a daim�then Lender may codect the insutarice proceeds.Lende�may usa the praceeds to repafr � -�� r.��:
<br /> : .,�.; �L .� er restore the Prcperty orto pay sums secured by ttUs SecurPty Instrumea►t.wheiher or noi then due.The 30day pedad �:� _'.f; ��
<br /> wII1 begtn vuP►en the ncttce Is g�ven `'{ .:: , '"°�•
<br /> � t l N e s s L e n der and Borrower otherwise agree in writing,arry aPplicaticn of proceeds to pdncipal shail nat extensi or << �- � - "
<br /> ';;� postpone the dae date af the monthty paymerns[e f e t r e d t o t n paragtap hs 1 a n d 2 o r c h a n g e t h e a m o u�o f t h e -.�_��, - -
<br /> _ :.�-.�`. payme r�t s t f un der p a r a g�a p h 2 1 t h a P ro p e r t y I s a c q u t r e d b y l e n d e r.B o r ro w a r's d g M 4 a a m►U s u r a n c e p a l l des artd :
<br /> proceeds res�Ug from damage to the Property p dorw t he acqu i s i t i on s h a l l p a s s t o L e n d e r t o t h e e x t ent oi the surt�s � r.�.F °���-_°
<br /> . :'��, securedtoythisSecuritylns�urtreMtmmediateiypriortatheacqu(s�ioa ~ . � ,� : �.�, ,
<br /> • �� ::. e.Occupancy,Pres�vatiiosr�Mairftenance and Protect��»of t��Prcpeety;�crroiver's Loan Appitcatton: `��� ..', �... x
<br /> , � Leagehofdg. Borrower si�afl occupy.astablish,and use the Property as Borrowefs pdncipai residence wfthtn sUdy days - � ��,,;=::
<br /> .r (j� .`v4 � . _ . .
<br /> � ` '�: aSer th�exectdion of thls Sacur�ty Instrurrtent and shatt cominua to occupy the Propetty as Borrawer's prineipat ���:o .�',;:_
<br /> �•: � -
<br /> � � •`.�„" tesldence brai least ane year after the date of occupancy.ur�tess tender otherwlse agrees tn wriiing,which oonserrc ��. Y,_;T;;
<br /> � :;:�.-�� shaU aat be unreasonabiy wit�hetd.or unfess extent�ating ci�cumsmnces e�d s i w h i c h are t te y on d Borrowers contral. - =-
<br /> Barrower shaii not des4roy.dama9e o�impa[r the Fnoperry,aitow the Pro�oerty to detedorate,or ccmm�t wast�on the -ti
<br /> . h whether clvD or aimirta! i
<br /> ` �� i Property.Borrower shall be in deisuit If any iorteiture sctton or proceeding. . a b�un that in . .t-.:; --A_
<br /> ' r.: k..�.
<br /> Lend�r's good fatth judgmeM co W d re s�t(n f o de ft u r e o f t h e P ro p e r t y o r o t h e rv v i s e n�a t e r i a l l y i m p a i r t h e i�e n c r e a t�d b y �: -w.��• ,,_ -� _
<br /> � �.��:�;; this Securftyy ins�mtant or Lea�defs seatrity interest BotTOtiver rtcay cure such a default and reinstate,as provided in .,T�::.:• <::�,:,;�:�.
<br /> �:�" �ra�ap h iQ�caus ing t he a c t i o n o r p r o c e e d t n g t o[�d t s m i s s e d w i t h a r u l i n g t h a t,I n L e n d e r's g o o d faHh ` �� `���_
<br /> a
<br /> y. deterrN�tort,psecfudes far[efture ot ths BorraNrer's tMerest in the Property or other matertat i�oaUment of thelten .
<br /> ure during the
<br /> . � �, c�eated by thts Securfry InstrumeM or Lender'e seaurfty tntere.�t.Borrower shali also be tn d�fautt N Bonawer. . . '' '�`_�
<br /> . � . � ' loan applicatton process�gave mate�ially false or tnaccurate trtbm�atlon or statemertts to Lender(or faitted to provlde _; �. ;v�---
<br /> � "' � f ` Lender wNh anyr material i�o�onj in connecUon wfth the loan evidanced by the iVote,including,but not itmfted to; • .
<br /> � • � ° represernatTans xoncemtng Berrowe�s axu n�y o f t he Prope r t y as a p d n c i p a t r e s l d e n c e.I f t h t s S e c u�i t y I n s t r u m e n t i s � ".`�"�=-� --
<br /> . .`.' .,:2�.:�-i.,=—'
<br /> � on a�easehoid,Borrower shail comply whh 1 ihe provistons of the lease. if Borrower acquires fee�tie to the Property, _
<br /> � the teasehoid and the fee t!tle shall not merge unless Lender agrees to the merger in wrttfig.
<br /> T.Prot�ctlon ot Lende�s Rights In Ute Property. If BoROwer tatls to per�orm the co�enants and agreements �� �.:,�
<br /> � _ � contalned in this Security lnsTrume�or there is a tegai praceeding that may signlficar►tty aNect Lender's rights tn the , , .�..�. ._�
<br /> � � Properry(sust►as a proceedirtg in bantcruptcy.prabato,far condemnatton ortnrtefiue or to ertforce law�or 'r �:�:�:���� ': �_°`
<br /> -F � ` � regulations).t��a�ender may do and pay tor vuhatever is nec�ssar�►ta protect the value of tha PropeRy and Lender's °_`.�:�� ;,___,
<br /> ��y ' � dgMs tn the Property.Lender's actlons may include payTrtg arry sums secured by a lien whiat�ts�s pdnrity over thls - --
<br /> � � Se�urity Instrumen� pearing in cqurt,paytrtg reasona�te attameys'fees an d eMe r ing on t h a S�rope r t y tfl m a k e ;� ��°
<br /> ' � .� repatrs.Alihou�n len er ma taice ectlon under this ragraph 7,Lender does not ir3ve to do so. -��'. y"''�
<br /> � y � 'ti�... ,. .. s:.—v`='
<br /> . •_ My amowtts disbursed by lender under thts paragraph T shall become sdd���na1 det�t of Borrawer secured by �*�� "-
<br /> � this Securit��Instn�mer�t:Untess Borrower and Lender agree to omer tertns of payment,these smow�ts shall bear , - � ''~' _ �
<br /> � � � � � Interest from the date of dlsbursement at the tVote rate and sha11 be payable,with Interest,upon natice from tender to ,,__
<br /> . . . � BaRCwer requestin9 l�llmeM- .�"'".-, —_
<br /> . �.,-:�:�.:.
<br /> = � _ �.MoRga�ye leisurartce. If lender required mortgage insarance as a condi�mn at making the loan secured by this . .:,�_T`:
<br /> �� . � � Securtty Instnimen�Horrower shall paythe premiums�equlred 4o maimain the rnc,rtgage tnsurance tn effect.if,tor any :-L=�-
<br /> • reason�the mortgage insu►ance caverage required by Lender lapses or ceases to be in eHect.8orrower shaU pay the . � -- .:�_ .
<br /> ' � � premiums requtr�d to obtain covarage aubstantinity equivaJent to the mortgage tnsurance previousty in ef(ect,at e cost , ��• :��,,..
<br /> � � substantiaiiy eQuivalertt to the cost to Borrower af the mongage tnsurance previousty in eftecK.from an altemate � • '_:-_ --
<br /> �� mortgage tnsurer a�pproved by Lender.lf substantially equhrafent mortgage insurance co�erage!s noi ava0abie, � •�•. �,�`:•�`��
<br /> . � � Bmr�+nrer shali pay to Lender each month a sum equal to on�twelfth ot the yesrly mortgage insurance premium betng � , �° ;__
<br /> .- -� - .. . �i d b y B o rr o w e r w h e n t h e I n s u�a n c e c ove r a ge ta p�ed o�ceased to 6e In effect.Lender will accept.use and�etain these _ � '_���,`
<br /> � ' � payments as a loss resenre tn lieu of mortgage insurance.loss reserve paymenta may no bnger be required,at tS�a ` -� -`
<br /> � � option of lendet.i�moRgage insurance caverage(in the amount and for the pedods that I.er:�er requlres)provided by
<br /> � � an Insurer apprave d by L en der a g a i n b e c o m e s a v a U g b i e a n d I s o b i a i n e d. B o r r o w e r s h a l ipa y t h e p r e m i u m s r e q uired to � � , .
<br /> � . ' �. � , malmain mortgage insurance in eflect,or to pravide a loss rese�ve,until the requlremeM f o r mortgage Insurance ends . .
<br /> . � tn accordance with any wrmen agreemertt between Borrowar an d L en der or aR�".c a b l e l a w. . : .
<br /> ":�� •. � ». 9. Inspeetion. Lender or fts ageM may make reasonable entries upon and(nspectlons o!the Property. Lender
<br /> � � shall give Borrower notice at the tlme af cr prior to an Inspectton sR2cifyrirtg reasonable cause tor the inspectlon. . r �
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<br /> � � NEBRaStiA-SIM1iGLE FAMILY-PNMA/FHLMC UHIFORM IN9TFIUMENT_ FORM 30289/90 ••
<br /> ' ISC/CMDTNE//0792/'A28(990).L PAOE 3 CiF B �'•'.' � �. . '
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