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. <br /> , ��14�1954 <br /> V1 �BCD L�AN � 5�4a�795a <br /> �ectian 2� or a�her�nr�se, Bvrr��►�r here�y ass��ns to L�nder �a} B�rr�v�er's r��hts to any [n�urance <br /> proceeds�n an amount not to�xceed th�amvunts unpa�d und�r fihe N�te vr this Securit�Instrument, <br /> and ��} an�o�he�of Bc�rrav��r's r�ghts 4ath�r than th�righ�to any r�fund af unearned pr�miums�a�d <br /> �y Bvrrv�v�r� under a�l insurance po�i�ies cv�ering th�Properfi�r; insvfar as such right�are ap�li�a�le <br /> ta the cov�rage of�he F�roperty.L�nder ma�use�he�nsurance pro��eds�ither fia repa�r or restvre�e <br /> Prvperty vr ta pay amaun�s unpai�und�r the Note or this Securi�Instrument,wheth�r o�n�t then due. <br /> �. Qccup�n�y. Borrawer shail��upy� establish� and use�he Prvper�y as Bgrr��ver's principal <br /> resid�nce�vithin 60 days aiter the ex�cuti�n of this Security�nstrum�n�and shal[c�ntinu�t�occupy <br /> �h�Praperty as B�rrov�►er's pr�ncRpal re�id�nc�for a#Iea�t�ne year after the�ate of oc�u�ancy,un[ess <br /> Lender ath�rwfi�� a�re�s in �riting; which cvns�nt shali n�t b� unr�asvnabl� r�ithhe�d, ❑r unless <br /> exf�nua�rng circumstanc�s exist which are be�and Borra�rer's cvn�rc��. <br /> �. Pre��r��t�an,l�l��ntvn�n��a�nd Pr�t�ct�on�f the Praparty��ns�ct�on�.Bv�rvw�r shal�not <br /> desfi�oy, damage c�r impa�r the Pr�perty, allovv the Prvperty ta de�er��rate �r c�mm[t�ast� on the <br /> Prvperty.�heth�r�r nvt B��r�v�er is residing in the Praper[y, Borravver shall maintain the Propert��n <br /> or��r ta prevent the Pr�perty fram deteri�rat�r���or d�cr�asing in va�ue due�a i�s cvn�ition. Un��ss it is <br /> determin�l pursuant#o Sec�ian 5 that repair�r��stvratian is n�t ec�n�mically f�asibl�, Borraw�r shall <br /> prompfi�y repair th� Prap�ri� if damaged t� avvid furthe� d��eriara�ian or damage. [f insurance �r <br /> condemnation prac�ds ar�paid in�vnnec�ian v�ith ciamage t�,or�he�ak�ng of,the Pr�per�,Bvrro�r►er <br /> shal�be respons�ble for r�pair�ng ar res�vring the Pr�p�rty�n�y�f L�nder has relea�ed p�oc��ds far such <br /> purpos�s. Lend�r may disburs�prviceeds fvr�the r�pairs and r�stvra�i�n in a singl�payrnent vr in a <br /> series of progress pa�m�nts as�h�v�ark is comp�eted.lf th�insuran���r condemna�vn pr�ceeds are <br /> nat�ufficient��repair❑r r�stare the Pr�per�y, B�rra�rer is not r�lieved af Bvrrvwer's obligation for the <br /> com�l�ti�n af such repair ar re���ra��on. <br /> Lender gr its agent may make reasonable en�r�es up�n and inspectiQns af�th� Property. If i� has <br /> reasvnabl�c�use,L�nde�may insp�ct the�nt�ri�r�f�he imprav�men�s an the P�operty.Lender�haIl�ive <br /> B�r�v��r nvtice at the time�f�r pr[a���such an in�erivr�nsp�cti�n spec�ing such reasanabl��use. <br /> 8. B�rro��r's Lo�n Appl�c�t�on. B�rr�v�►�r sha�l he in default �f, durin� �h� L�an app!`r�ati�n <br /> prac�ss, B�rrvv��r ar any persons �r ent�t��s ��tin� at the directian o� Barr�v�r�r�r►r�ith Bvrrt�wer's <br /> � knov��edge or can�en� ga�e materia�ly fa�se, mi�ieadin�, ar inaccurate �nfvrmativn or sta�tements tv <br /> Lender �or fai[ed ta pr��r[d� Lender v�►i�h mater�al infvrmation} in connec�iart wi�h th� L�an. Ma#erial <br /> representa�ons incIud�,bu#ar�nvt�im�ted�o,r�presentations�vn�err�ing Bor�ower`s vccupancy afthe <br /> Pr�perty as Bor�ower`s pr�nc�pal res�d�nce. <br /> 9. Prot�t�on of Lendar�s�nt�r�st in th�Prop�r�y�nd Rights Under this Secur�t�Instrument� <br /> lf�a�B�rrvvv�r fail���perf�rm th�co��nants and agreem�nts�antained in this S�curity ins�rument, �b} <br /> �her��s a[��al p��ce�[ng that mi�ht signi�cant�y affect Lender's in��rsst in the Praperty and�or rights <br /> und�r�his Se�ur�t� Instrumen� �such as a prv��ding in �ankruptcys pro�ate, f�r can�emnativn or <br /> farf�i�ur�,far enfarc�ment of a I��n which rna�attain priori���r�r thEs Se�urit�ln�trument or�a enfarce <br /> la�rs ar reguiat'r�ns�, �r �c� Bor�ower has a�and�n�d the Property, then Lender may dv and pay fv� <br /> �hatev�r is r�a�onable��appropriat�t��ra���t Lend�r's Ent�rest in�he Pr�per�y and righ�s und���hi� <br /> Securii�Instrument,includ"tng pr�tecting an��or a�sess�ng the�alue afthe Pr�pertj��and secur�ng an�J <br /> ar r�pairing �he Praperty. Lender's act�ans can �nclude, �ut are not lirr�ited t�: �a} paying any sums <br /> s�cur�d by a Ii�n which has prio�ity aWer th��Security�nstrum�nt;�b}app�aring in court;and�c}pa�in� <br /> reasvn��le atkorneys' f�es �a prvtecf its intere�t in th� Prap�rty and��� r�ghts under #h�s Securit� <br /> lnstrumen�,includin�its sekcur�d pn�i�ian in a�ankru��cy pr��ed�ng.Secur�ng�he Property�nciudes, <br /> but is nat�imited ta,en�ering fhe Pr�perty ta make repairs,change locks,r�place vr b�ar�d up daors and <br /> �in�ar�rs,drain v�raterfr�m pipes,e[imina��buildin�ar vth�r����iv[ativns or dang�rous can�i�ons� <br /> and ha�e ut�li�ies turned�n or v�f.Al�haugh Lender may ta[��ac�on under�his S�c�ian 9, Lend�r d��s <br /> not ha��t�da��and is not under any duty�r abligat�vn to dv so. It is agre�d that Len�er�ncurs nc� <br /> [iabi�i�f�r nat tak�ng any oc ail acti�ns auth�rized under this Sec�ivn 9. <br /> An�amaunts d�sbursed by Lend�r under this 5ectian 9 shall b�c�me a�di�ic�naI debt flf B�rr�v�►er <br /> s�cured hy this Securiiy Instrum�nt.These amaunts�hall b�ar�n��r�st at the Note rate fr�m the date <br /> �f r��sbur�ement and shal! be payak�les ►r�ith such [n��rest, upan noti�e fram Lender to �vrra►►�er <br /> r�questing paymen�. <br /> lf th�� Security lnsfrumen�is an a leasehvldf Bvrrvv�t�r sha�!cam�al}�v�►ith al�th� prv�isEon� af�he <br /> lease.Barra�rer sha11 nat�urre�nd�r the leasehvld e�tate and�n�k�rests her�in cvn�eyed ar t�rminate vr <br /> cance!�h�grvun� l�ase. B�r�o�er shai! not,v�i�hout�he express�r�.ten consen�vf Lend�r, al�er vr <br /> amen�th�graund lease. lf Barraw�r acqurres fee�it�e to the Praperty,the leas�haid an�th�fee t�t�e <br /> �hal[n�t merge un�ess L�nde�agrees�o�he merg�r in�n►r��ng. <br /> 14. �Ior�gage lnsur�ncs.If L�nder r�quir�d Nlartgag��nsuran�e as a�r�n�i��n of making th�L�an� <br /> Bor�o��r shall pa�the premiums required to maintain f,h�l�l�rtgag��nsurance in eifect �,fa�any r�a�on, <br /> �he flil�rtga�e fnsuran��c��erage r�qu�red by Lender c�ases tv b�aW�ila�le firam the mc�rtgag�'rnsurertha�t <br /> �re�n�us[y prvv�d�su�h�nsurance and B�rr�vv�rwa�re�qu�red�v make separa��ly d�igna��d paymen�s <br /> taward th�premiumsfvr L'11�ortgage Insuran��,B�rrc�vtr�rshall pay�he premiums reEquired to abtain c��erage <br /> su�stantially�quivalen�t�tF�e�llortgag�Insuran�pre�ivus[}�[n effect,at a c�st su�s�antial[y equ�valent�� <br /> fihe cos�ta B�rrov�er of�e�vrtgage lnsuran�e previvus�y in ef�e�t,�romi an aitemat�mortgage�nsur�r <br /> znitials: <br /> NEBRASKA�-Single Famiiy�-Fann��l�lagjFrgdd�e�lac UNIFC�R�1 INSTRUI�AENT Form 3�281�Q'I <br /> anline Docurnents�Enc. P��� 6 of 11 NEE[]EE �212 <br /> �3-06--2oi� 18:�s <br />