� ��14�755�
<br /> are appl�cable ta the coverage of the Property. Lender may use the insurance proceeds ei�her tia repair or resto�re tihe
<br /> Pr�perty or to p�.y amoun�s unpaxd under the Notie or�his Security Ins�ruzr�ent, whe�her or no�then.due,
<br /> 6. �ccupancy. B�rrowex shall occupy, establish, and us��he Pr�perty as Bor�rower's princzpa� residence
<br /> ' v�ith�n.6�da�s ar�er 1:he execution of this Security Instru�nen�anc�shall continue to occupy the Praperty as Borrower's
<br /> principal res�dence fox a��eas�:one yeaz after the da�e oF occupan�y,unless Lender otherw�se agrees in vvri�ing, which
<br /> c�nsent sha11 not be unreasonab�y wzthheld, or unXess ex�enua�xng circumstan�es exist which are beyond Borrower's
<br /> contr�l,
<br /> 7. Pxeser�a�ion, �Iaintenance and Protect�on of the PrUperty; Inspecti�ns. B�rrower shall no�destroy,
<br /> damage ar irnpair�he Fropex�.y, a�lovv the Property to de�e��4rate or commi�was�e on�he Proper�y, �]L�hether or no�
<br /> Bor�rowex is residing in the Proper�y, Bflrrower sha11 main�ain�he Proper�y in arder to pre�en�the Proper�y from
<br /> deteriora��ng ar decreasing in value due�o i�s�ondi�ion. Unless it i�de�erinined pursuant�o Sec�ion S that repair ar
<br /> restorat�an �s nat e�anornically Feasible, Barrower shall pron�p�ly r�pair�he Froperty if damaged�o avoid fur�her
<br /> de�eriaration ar dazx�age. If insurance Qr co�demna�ion praceeds are pa�d in connectian wifh damage�o, or the tal�ing
<br /> of, the Praperty, B�rrower sha���e responsxb�e for repairxng or restoring the Property only if Lender has re�eased
<br /> proceeds for such puxposes, Lender may d�sbu�rse proceeds For��e repairs and res�oration�n a single pa�men�or in
<br /> a series of progress paymen�s as the work is comp�e�ed. IF the insuran�e or cnndemna�ion proceeds are not suf�cient �
<br /> to repa�r or restaxe�he Praper�y, B�rrower is not relie�ed of Borrovsrer's ab�xga�xon for�he comp�etion of such repair
<br /> or res�ora�ion.
<br /> Lender or its agen�may malce reasonable en�ries upon and�ns�ec�xons of��he Pro�erty. �f i�has reasonable cause,
<br /> Lender�nay inspec�the interior of the izn�rovemen�s on the Proper�y. Lender shall give Borro�wer notice at the t�me
<br /> �f or prior�o suc�an in�er�or �nspectio� specxfying such reasonable cau�e.
<br /> $. B�rrower'S Loan App�iea��on. Barx�wer sha�� b� in defaul� if, during �he Loan app�ication process,
<br /> Barrower or any pez sans or entities ac�ing at xhe direc�ion of Borrower or v�i�h Borrower's�cnowledge�r c�nsen�:gave
<br /> m�.�erially false, misleading, or inaccurate infari�nation or s�a�etzlents to Lendex (ax railed�a provide Lender with
<br /> material inforn�ati�n� in connec��on u�ith �he L�ar�. Material represer�ta�ions include, but are not 1�mi�ed t�,
<br /> representa�ions concern�ng Borrower's accupancy of the Pr�perty as Borrower's principa�residence.
<br /> 9, Pra�ec�i�n of Len�er's Interest�n ��e Praperty and R�ights Under�his Secur�ty In�trument. IF(a�
<br /> Borrawer fails to perform the covenants and agreements con�ained in�his Security Ins��um�n�, �b� th�re is a 1ega1
<br /> proceed�ng�hat mi�ht signi�cantly affect Lender's in�eres�in�he Proper�y andlo�rights under this Security�nstrumen�
<br /> �sL�ch as a praceeding in banl�ruptcy, probate, for con�emnatian or farfeiture, for enforcen�.en�of a lien which may
<br /> a�tain priority ov�r�his Security Tns�rument ar�o enforce lavvs or regula�ions}, or�c�B�rrower has abandoned the
<br /> P�oper�y, �h�n Lender may do and pay for vvhatever is re�.sonable or a�propria�e to pro�ec�Lende�r's in�eres�in�he �
<br /> Property ar�d rights under this Security Ins�rumen�, including pra�ecting andlor assessxng�he Wa1L�e af the Property,
<br /> anc�securing andlor repairing the Proper�y. Lender's actions can xnc�ude,but are no�lin�i�ed ta: �a}paying any sums
<br /> secured by a lien which has priori�y over�his Security�ns�rurn.en�; �b}appeaz xng�n cou�'�; and�c}paying reas�nable
<br /> a�torneys' fees ti�protect its interes�i��he Praperty andlo�ri�hts�xnd�r th�s Se�uri�y Instrumen�, �ncluding i�s secured .
<br /> posi�ian in a banlcrup�cy proceeding. Securing the Property incl�xdes, �but�s nat�imited ta, entering the Property�o �
<br /> inal�e repa�rs, change lo���s, xep�ace ax board up doars and windovsrs, dra�n wate�r from pipes, e�imina�e bui�ding Qr !
<br /> �
<br /> other cade�xolations o�r dangerous c�ndi�xons, and have utilities tuz•ned an ar off. Although Ler�der�nay�a1fe action
<br /> under tihis Sec�ian 9, Lender does not have�o do so and is r�at under an�duty a�ob�zgal:ion�a do�o. r�is a�reed�ha�
<br /> Lender incuxs na liabili�y far not taking any o�r aI� actians authorized�nder�his Sec�ion 9. :
<br /> ' Any amounts disbur�ed b�Lender under�his Section 9 shall becc��ne additional debt of Borrower secured by�his
<br /> Security Instru�ner��. These amoun�s shatl bear interes�a1:the N��e rate from�he date of disbursement and shaXl be
<br /> payable, wi�h such in�eres�, upon no�ice from Lender t�Borrow�r�requestir�g paytnenti. '
<br /> zf t�is Security Instrumen� is on a leasehold, Barrower s�all comply with ai� the pro�isians of tihe �ease. �
<br /> Barrower shal�no�surxender the Ieasehold esta�e and in�erests�erein Gonveyed oar tex��n.�nate ar cancel the�roL�nd lease.
<br /> Bo�rower sha�� n�t, v��thout �he expre�s,wri��en can�en�of Lender, al�e�r or amend�he graund lease, rf Borrower ___
<br /> acquires Fee title�a tihe Proper�y, the leasehald and the fee titile sha11 no�merge un�ess Lender agrees�o the merger
<br /> in wri�ing. �
<br /> NEBRAS&CA-Sing�e Family-�NIF�RM iNSTRUNfENT �,��M���C��
<br /> MaDIF�ED FnR DEPARTMENT �F VETERANS AFFAIRS - MERS www.dvcrrragic.c�m
<br /> �Rev. �10�� Page 7 �f �4
<br /> ��,�� �r.�.
<br /> � .
<br /> �' BANK 01��47�94 :
<br /> '�FM DEEa 14�Q22�623
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