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��14�3�9� L�AN#:3qD9'l4D59�92 Barrower acquires f�e fitle to the Prvperty,the leas�hold and fee title sha��not be merged un�ess Lend�� agrees to the merger in writing. S, Candemnation.The praceeds of any award vr ciaim far damages,dire�#or cvnsequential,in cvnnection with any condemnation ar oth�r taking of any part of the Praperty,or for conveyanoe in place of�ondemnation,are here�y assigned and shall t�e paid#o Lender�o the extent of the fui�amaun#af the indebtedness that remains unpaid under th�Note and this Secu�ity Ins#rument.Lender shal�apply such prviceeds to the reductivn af the indebtedness un�er the Note and this Security lnstrument,frst to any delinquent amot�nts app�ied in the order provided in paragraph 3, and then #o prepa�ment of principai.Any appl�cation�f the proceeds to the principal shall nat extend or postpone the due date of the monthly payments,which are refer�ed to i n paragraph 2,or change the amount af such payments. Any excess pro�eeds over an amount required to pay all outstanding indebtedness under the Not�and this Security lns#rument shall be paid to the entity lega!!y entitled thereto. 7. Charges t❑Borrower and Protectian of Lender's Rights in the Praperty. Bvrr�wer sha�l pay a�i gn�ernm�ntal vr muni�ipal charges,fines and impositions that are nat included in paragraph�. Bvr�awer shall pay th�se abligations on tim�directly to the�nt�ty which is awed the payment.If fa�lure to pay wauld advers�ly affect Lender's in#erest in#he Property,upon Lender's reques�Borrower shall promp#ly furnish to Lender reGeipts e��den�ing these paymen#s. �f�arrower'fails#a make these payments or the payments required by paragraph 2,orfails tv perform any other cavenants and agreements contained in this Security lnstrument,or there is a legal proc�eding that may signifcantly affect Lender's rights in the Property�such as a praceeding in bankrupt�y,for cvndemnation vr tv enforce laws vr regulations},th�n Lender may do and pay whate�er is ne�essary ta protect the value of the Property and Lender'�rights�n the Prvperty,including payment of taxes,hazard insurance and other�tems mentioned ir�paragraph 2. Any amounts d�sbursed by Lender under this paragraph shall become an additivna� debt of Borrower and be secured by#his Securi#y fnstrument.Thes�amoun#s sha��bear interes#fram the date vf di$bursement,a#the Note rate,and at#he option of Lender,shall be immediately due and payable. Borrawer�hall promptky discharge any lien which has priority o�er this Security Instrument unless Barrvv+rer: �a} agrees in writing to the payment af the obl�gatian secured by #h� lien in a manner accep�able to Lend�r;(b}cvn#es#s in good faith the lien by,or defends against enfvr�ement of#he lien in,lega�prv�eedings which in th�Lender's o�inion operate to pre�ent the enforcement of the lien;or �c}secures from the hvlder af the fien an agreem�nt satisfactory to Lender subordinating the lien to this Security Instrumen#. �f Lender determines that any park of the Property is subject tv a iien which may attain p�ority over th�s Sec�rity I nstrument,Lender may give Borrower a notice identifying#h�lien. Borrower shall�atisfy the lien ar take one or more of the a�tions set forth abo�e within 1�days of the gi�in�af natic�. 8. Fees.L�nd�r may collect fees and charges authorized by#he Secretary. 9. Grvunds�or Acceleratian of Debt. �a} Defau�t.Lender may,except as limited by reguiations issued�y the Secretary,in the case of payment defaults, require immediate payment in fulf of a!i sums se�u�ed by this �ecurity lnstrument ifi: �i} Borrow�r defaults by failing ta pay in full any man�hly payment requ�red by this Securi#y lnstrument prior to vr an the due date vf the next mvnthly payment,or �i�} Borrower defauits by fa�ling,far a perEod of thirty days,tv�erform any vther❑bligativns contained in this 5ecurity�nstrument. �b} SafeVllithaut Credi#Approval.Lendershall,if�ermitted by applicable law�inc�uding Sect�vn 341[d�of th�Garn-St.Germain Depository Institutions Act of 1982, '�2 U.S.C. 17Q1 j�3�d}�and v��xh the prior approvai of the Secretary,r�quire imme�iate payment in tu�l af all sums secured by this Secu�'rty Instrument i#: �i� A!i or part af the Prop�rty, or a beneficia! int�rest in a trus#awning all or part of the Prvperty,is sald or otherwise transferred�vther than by devise or descent},and ��} The Property is nota�cu�ied bythe�ur�haserorgrantee as his arher principa!residence, or the pur�haser or gran#ee daes so o�cupy the Property but his v�her�redit has not been apprvWed in accordan�e with the r�quirements of the 5scretary. {c� No�ai�er.�f cir�umstances ac�ur#hat would permit Lender to require immediate payment in full,but Lender does not require such�aymen#s,Lender does not r►vai�e its righ#s with respect ta SubSequent e�ents. �dl Regulations af HUD Secretary.In many circumstances regulations issued by the S�cretary ►n►ill limi#Lender's ri�hts,in the case of payment defaults,to require immediate payment in ful� and fareclose if not paFd.This Sscurity Instrument daes nvt autharize acceleration or fore�lvsure if no#permitted by regulations af the Sec�etary. �ej !11lortgage Nat lnsured. Barrower agrees that �f this Security ln�trument �nd the Note are not determined to b� e�igible for insurance under the Nationa� Housing Act within GU days from �he date hereaf, Lender may, at its optian, require immediate payment in full a� all sums secured by this Security Instrument.A v�►ritten statemen�o�any authorized agent of the Secretary�ated s�bsequent to 6�days from the date hereof,declining to' �r�this � FHA Nebraska Dead of Trust-419fi 1111tI�IS. L Ellie Mag,inc. Page 4 of 7 NEEFHAOE 1212 NEEFHADE [)fi113l2414 D2:03 PM PST . 1