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��15�1���
<br /> L�AN#: 15�1 EM08?35�
<br /> 5ecf�an �� ar otherwise, BarroVver hereby assrgn� to Ler�d�r �a} Borrower's righ�s fo any insurance
<br /> p�o���ds in an amoun� no�to exceed th� amaunfs unpaid under�he No�e o�this Secur��y Insfrumen�,
<br /> and �b} any o�he�of E3orrower's rights �other fihan the �i�h� �o any refund of unearned prem�ums paid
<br /> by Barrovv�r} under al� insurance pol�ci�s covering the Proper�y, insofa�as such ri�hts are ap�[��abl�
<br /> fo the co�erag�of�he Praperty. Lender may �se the �nsu�ance p�o�eeds ei�her fia r�pair or resfio�e the
<br /> Prop�rty ar to pay amoun�s unpaid under�he No�e or th�s 5ecurity lns�rumenf,whe�her�r nof fhen due.
<br /> fi, �ccupancy. Bo�ro�er shall �ccupy, �stablish, and use the Proper�y as B�rrawer's pr�n�ipal
<br /> residence wi�hin��days aft�r the ex��u�ion of�his Securify 1 ns�rument and shal�cantinue to o�cupy the
<br /> Property as Bor�o�r�r's principa�resid�nce far a�least ane year afi�er�he da�e nf occupancy,unless Lender
<br /> o�hervrrise a�r�es rn wri�ing, whi�h consen� sha[I nv� be unreasonabfy�nri�hheld, or unless ex�enuating
<br /> c�r�umstanc�s e�crs�whi�h a�e beyond Borrower's con�rol.
<br /> �, Preservatian, �aintenance and Protection af the Prt�perty; fnspect�ons. Borrower shal�
<br /> no� dest��y, damage o� impai��he Proper�y, allow t�e Property to de�eriorate or comm�f was�e on �he
<br /> Pr�per�y. Ullhether ar na� ��rrflwer is residing in �h� P�ope�ty, Bor�ov�re�shalf main�ain the Prop�rty in
<br /> o�der tv preven� fihe Property �rom det�rior�f�ng or d�creasing in value due �o i�s condition. Un[ess ifi
<br /> is �etermined pu�suan� f� 5ecfion 5 fha� re�air or restoratinn is not econom�caL�y feasi��e, Bar�ow�r
<br /> shall prompt�y repair fhe Property if damaged to a�oid further d���riaration or damage. !�insurance or
<br /> condemna�ion pra�eeds are paid in�annectiort vvi�h damage�a, or the fiaking o�,the Prop�rty, Borrower
<br /> sha�l be respansible for �epa���ng or res�oring the Property on�y if Lender has r�leased p�a�eeds for
<br /> sucf� purposes. Lender may d�sburs� proceeds fo��he repai�s and res�oratian �n a single paymen� or
<br /> in a s��ies��pragress payments as the work is complet�d. �f fhe �nsurance a�condemnaf�on proceeds
<br /> are naf sufficienf�o repair ar res�ore�he Property, B�r�ow�r is no� rel�e�ed of Borrower's ob[��a�i�n for
<br /> �he comple�ian af such r�pair ar restara�ian.
<br /> Lender ar its a��n� may make reasanab�e entr�es upon and inspections of�he Prop�rty. If i� has
<br /> �easonable cause, L�nder may inspec�the in���ior of the impro��ments�n�he Properfy. Lend�r shal�give
<br /> Barrowe�no�€ce at�he�ime af�r privr�o such an �nfe�i�r inspe��ion specify�n� such reasonable�ause.
<br /> 8. 8orrow�r's Loan App�ication.garra�ver shall be in d�fau�t if,during th�Laan app[i�a�ion prac�ss,
<br /> B�rrower or any persons or en�i�ies acting afi fihe di�-e�fi�n of Borrower or wi�h Bvrrower's knowledge or
<br /> �ansent ga�e ma�e�ially false, mis�eading,ar inaccura�e informa�ion or sta��men�s to Lender�or failed to
<br /> pro��de Lend��with mat�ria� �nformafion}in�annecfion w��h�he Loan. iVia�eria��epr�s�nta�ions include, -
<br /> but ar� naf limified fia, r�presenfations concerr�ing Borrowe�'s occupancy of the Praperty as Barrow�r's
<br /> principal residence.
<br /> 9. Protection�f Lender's lnter�s�in�h�Prop�rty and Righ�s Under this 5ecurity lnstrument.
<br /> If �a} Bo�rower faifs �a perform �he �ovenan�s and agr��m�n�s con�ained in fihis �ecurity lns��umen�,
<br /> �b} there is a legal proceeding �ha� r�igh� signifi�an��y afFec� Lend�r's in�eres� in the Property andlo�
<br /> r��hts under�his S��urity�ns�rum�nt�such as�prac��d�ng �n bankruptcy, probate,for�ondemnatian or
<br /> forfe��ure, �ar enfo�cemen�af a lien whrch may a�tain pr�ority o�er this 5ecuri�y Ins�rumen�or�o en�orce
<br /> �avvs ar regula�ions}, ar �c} 6orrower has abandan�d the �'rope�ty, fihen Lende� may d� and pay for
<br /> wha�eWer is reasanabl�or apprap�ia�e�o pro�e�f Lender's �nteres�in�he Property and righ�s under this
<br /> Securi�y�nstrumen�,inc(udin�protec�ing andlorass�ssing the�a[ue a��he Property,and securing andlo�
<br /> repai�ing�he P��p�r�y. Lende�'s a��i�ns can �nc�ude, bu�are n�t�imited to: �a}payin�any sums secured
<br /> by a�ien which has prior��y over�his Se�urity Ins�rumenfi;�b}appear�n�in court;and�c}paying reas�nable -
<br /> a��orneys'fe�s�o profec�ifs interes�in�he Property andlor righ�s under�his Secur�ty�ns�rument,inc�uding
<br /> ��s seGu�ed position in a bankrup��y proceeding. Securing the Frop�rty includes, but is na� limi�ed t�,
<br /> en�erin� �he �roperty fo make repair�, change facks, r�p�ace or board up daors an� windows, drain
<br /> wat��from pipes, e��m�naf�bui�ding or o�her c�de vialations o�dangerous condi�ians, and have u�iiities
<br /> �u�ned on or off.Af�houg h Lender may take a��i�n under�h is Sect�on �, �ender does no�ha�e to do so
<br /> and is not under any du�y�r obliga��on�o do s�. ��is ag�eed tha��ender incurs na l�abi�i�y for no��akin�
<br /> any❑r a(� actions au�horiz�d under this Secfi�o� 9.
<br /> Any amoun�s dfs�ursed by �.ender under�his Sect�on 9 shali become addifiona� deb� of Borrow�r
<br /> secu��d by fhis Security[ns�rumen�.The�e amounfs shall bear�nfe��st a�fhe Note�a�e from fihe date of
<br /> dis�ursemen�and shalf be payable,wifh such int�r�sf, upon natice from Lend�r�o Bvrr�v�rer r�qu�st�ng
<br /> paymen�. �
<br /> if�his Secur�ty Ins�rum�nfi �s on � ��asehofd, B�rrower shaf� comply wi�h all th� pro�isions of�he .
<br /> lease. Borraw�r sha�l no� sur�ender�he �easeho�d esfate artd in�er�s�s her�in con�eyed or�e�mina�e
<br /> or�ancel the ground [ease. Barrower sha�l no�, wi�hauf fhe express written consent of Lender, alter or
<br /> amend the gr�und lease. If Borrower a�quires f�e title fa fhe Prop�rty, the feasehold and fihe fee���le
<br /> sha�l nof inerge unless L�nder agrees fo�he merge�in wri�ing.
<br /> '��. �I�I�r�gage Insurance.I�Lender requ�red Mor�gage Insurance as a condi�ion ofi making the Loan,
<br /> Bor�owershall pay�he pr�miur�s required�o nnaintain�he Mortgage Insurance in��fe�t. !f,fo�any r�ason,
<br /> the Mvrtgage �nsurance co�era�e requir�d by Lender ceases to be a�ai�a�le from�he mortgage�nsurer
<br /> �haf previously pra�id�d such insurance and Borrower was required to make separately designa�ed
<br /> paymen�s �award �he pr�miums fo� �ortgage Insu�ance, Borrower shall pay �he prem�ums re�uired
<br /> to ob�a�n co�erage subs�an�ial�y equiva�ent fio the Mor�gag� �nsuranc� pre�iaus�y in effecf, af a �asf
<br /> subs�antially�qui�a[�nt fi�the cos��o �arrawer o��he Mnrtgage �nsuran�e p�evi�usly in efF� , from an �
<br /> In`r�ia[s: � � .
<br /> NEBRASKA--Singl�FamiIy-�Fannie MaelFreddie Mac UNiFOR�UI iNSTR�IUIENT Form 30�8'�1��1 �.��� �
<br /> Ellie Mae, �nc. �a�e�o� �� NEEDEED 12��
<br /> NEEDEED
<br /> �211212015�n:29 AM PST
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