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<br /> from ti.me to tYme(t'RESPA"),except fiha.t the cush�on or re�erve permui.tted by RESPA for una.nt�c�pated d.isbursemenfi�
<br /> or dxsbursemen�s before�he Borrower's pa�m.ents are avail�bxe i.n.the accoun.t xnay not be based on amou�.ts due for
<br /> the mortgage in�urance premium.
<br /> If fihe amounts he�d by Lender for Escr�w I�ems exceed�.he amoun�s permit�e�.to be held by RESPA,Lender shall
<br /> account ro Borrower for the exc�ss funds as requued,by RESPA. If�.he amoun�s of funds he�d by Lender at an.y�irne
<br /> a,re not sufficien�ta pay the Escro�I�ems when due, Lender may notify�e Boarrovver an.d require Borrawer�o rnake
<br /> up the shor�age as permi�ted by RESPA.
<br /> The Escrav� Funds are piedged as addi�.onal security far all sur�as se�ured by �his Securit�r Instrument. If
<br /> Borrower tienders�fl Lender the fu�I pa}�na�ent af a�l such sum.s, Borrower's accaunt sha11 be cred�ted v�th fi�.e ba�ance
<br /> remaizvng for a�i ua.s�all.�nen�items�a}, (b�, and�c}and a�n.y mortgage insurance premium ins�a.l.lment�hat I�ender has
<br /> nat be�ome ob��gat�d to pay �a �he Secretaa�-�, and Lender shall prompt�y refund any excess fu�ds to Borro�er.
<br /> Irnmediately prior ta a for�closure sa�e af the Pro�erty or �ts acquisitYon by Lender, Borrawer's accouan.x shall be
<br /> cred�i�ed with any ba�ance remauun.g for all i�sf,���n,en�s far x�ems�a�, �b}, and�c}.
<br /> 3. Applicat�on of Payments. All pa�ments under paragraphs 1 and� shall be applxed b�Lender as follows:
<br /> F��.STT, to the mortgage i�nsurance prenni.:um�o be paid by Lender�o�h.e Secreta�y ar to the mon�y charge by
<br /> tb.e Secretary i�.s�ead of�he mvnthiy mortgage insusance prem�.um;
<br /> SE�QNDR LV fw1.,�..�,���Sg special assessments,leaseho�d pa�ments or ground renxs,a,nd fire,flaod a.n.d other hazard
<br /> insuranc�premiuxn.s, as requx.red;
<br /> THIRD, to in.reresti due under�h,e No�e;
<br /> F4URTH, to amortiza��an of th�principal of the Nate; and
<br /> FIFTH, �o Xate charges due under�.e Note.
<br /> 4. F�re� F�ood and ather Hazard Insurance. Borrawer shaii insure all impro�em�nts an the Propert�,
<br /> whether now in existence or subsequen�xy erected,agai.�st a.ny hazards,casualr�es, an�.contingencies, inc�uding�i.re,
<br /> far which Lender requires insura.n.ce. This insurance s�.a11 be mainl:ained in tlie amoun�s a.n.d far the periods �ha�
<br /> I�ender requires. Borrov5rer shal.x a�sa insure a�� improveme�.�s on #he Property, �rhe�ier no� in existence or
<br /> subsequently erected,against�oss by floods�o�he extent requi.red by the Secre�a�y. All insurance sha�l be ca�rr�ed wi.th
<br /> campar��s appro�ed b�Lender. The insuranc�policxes and any renewals shal�be he��.by Lender and shall include
<br /> �oss payabie clauses in favor of, and in a forxn a�ceptab�e to, Lender.
<br /> Yn�he e�en�of 1oss,Barrawer shall give Lender�mm.eda.ate natice by ma��. Lender may make proof of loss�f na�
<br /> made promptly b�Borrower. Each uisurance coxnpany concerned is hereb�r authorized a.nd directed to make payment
<br /> for such loss direc�ly �o Lender, i�a��ead of�o Borrawer and �o Lender j a�.n��y. A1� or any part of the insuGrance
<br /> proceeds may be applied by Lender, at��s op�on, either�a�to�h.e reduct�on of fih.e indebtedness under the Note and
<br /> �us Security Ins�rume�t, �rst to an.y de�inquen�amau.nts applied in the order�n paragraph 3, and�hen to prepayrnen�
<br /> af principa�, or �b} �a the restorat�an or repair af�a,e damaged Progerty. Any app��ca�.on af the proceeds to the
<br /> princ�pa�shall�ot extend ar postpone the due da�e of the mon#h1.y payments wbich are referred�o in paragraph�, or
<br /> change the amoun�of such pay�aents. Any excess insurance proceeds over aaa amaun�rec�uired�a pay a��outs�an.ding
<br /> indebtedness under the Note and thr.s Secur�ty Ins�rument shal�be paxd�a the en�ity 1egall�r entit�ed thereto.
<br /> In the e�en�of foreciosure of�iis Securit�In�trum,en�or o�her transfer of title to�he Propear�y that exl�a.g�ui.shes the
<br /> �n.debi-.edness, all ri�h.�, title and�n�er�of Borrov�rer in and�o i�uranc�policies in force Shall pass to�he purchaser.
<br /> 5. �ccupancy,Preser�at�on, Ma�atenance and Protection of the Property;Barrow�r's Loan Applicat�on;
<br /> LeasehaYds. Barrower shaZ1 occupy, esta.bl�sh, a.nd use the Property as Borrower's prir�..cxpa�residence wit�un sixt�r
<br /> days af�er�h.e execu�ian af this Security In.s�ru,men��or�ri.�v.n sixty days of a�a�er sale or transfer of�he Property}
<br /> a.nd sha�� cvntinue t� o�cupy f.he Praperty as Bvrrawer's principa�res�dence for at�east one year after the d.a.te vf
<br /> occupancy,un�ess Lender determines tha�req�urement wi.11 cause undue hardship for Borro�ver,or unless extenuat�n.g
<br /> circumstances exist which are beyax�d Barrowert s contra�. Borrovt�er shalZ not�fy Lender af8 any ex�enuating
<br /> ci�cumstanc�s. Barrower sha�I no�com�ani.t was�e ar des�roy, d.a.mage ar su�s�an�ial�� cha�ge the Praperty or allavw
<br /> �he Praperty to de�eriora�e, reasonable�rear aan.d tear excepted. Lender may inspect the Property�f the Prnper�y is
<br /> �raca.n�or abandoned or�he loa.n is in defauit. Lender may fi.a.ke reason.a.ble actxon�o pratect and preser,ve such vacant
<br /> ar aband�ned Pr�perty. Borro�ver sha�x a�sa be in defau�t if Borro�rer, during xhe �oax�. applica�.on process, �a.ve
<br /> FHA N EBRAS KA DEED O F TRUST�- MERS �����
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