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-� � : .� ��15�4�45 � 1�37140124 �a� to the reduction of�he xndeb�edness under the Note and this Security �nstrument, f�rst�o any deZxnquent amounts applxed in the order in Paragraph 3, and fhen to prepaymen�of principal, or �b� to the restaration or repair of the damaged Property.Any appl��at�on of�he praceeds to the princ�pal shal� not extend or pas�pon� �he due date of th� month�y paymen�s whxch are referred �a �n Para�raph 2, or change the amaun� af su�h payments. Any excess xnsurance praceeds over an amoun�requ�red to pay aI�outstanding�ndebtednes�under the Note and�his Security�nstrument shal�be paid ta the entity Iegally enti��ed�hereto. Zn �he event of foreC�osure of�his Securxty Ins�rument or other transfer of title to the Property that ex�ingu�shes the indebtedness,ail right,tit�e and interest of Borrower in and�o�nsurance po��c�es in force sha��pass to the purchaser. S. �ccupancy, Preservatian, Nla�ntenance an€I Protect�on of the Praperty; �vrrawer's Loan Appiicat�on; Leaseho�.ds Borrower shall occupy, estab��sh, and use�he Proper�y as Borrower's pr�nczpal reszdence wi�hin sixty days after the execution of�hxs Security Instrument(or�ithin sixty days of a�ater sa�e ar transfer of�h� Property}and shail con��nue to occupy the Property as Barrower's pr�ncYpa�resxd�nce for at�eas�one year after the date of occupancy,un�ess Lender de�ermxn�s�hat requiremen�will caus�undue hardship far Borrower,or un�ess ex�enua�ing circuxnstances exist wh�ch ar�beyond Borrower's con�rol.Borrower shall not�fy Lender of any ex�enua��ng c�rcums�ances. Borrower sha1� nat commit was�e nr destroy, damage or substantially chanae�he Praperty or a��ow the Property to deteriorate,reasonable wear and �ear excepted.Lender may inspect�he Property if the Property is vacant or abandon�d ar the�oan is in defau�t. Lender may take reasanable ac��on tfl protect and preserve such vacant or a�andoned propez-�y. Borrower shal�a�so�e in defaul��f borrower,during the Ioan appl�cation pracess,gave mat�rially false or �naccurate informa��on or statemen�s to Lender �or fai�ed ta pravide Lender wi�h any ma�erxa� xnformation� in connect�on with the Xoan evidenced by �he Note, xnc�udxng, but not Iimxted to, representa�ions concerning Borrower's occupancy of�he Property as a pr�ncipa� residence. �f this Secur��y Instrumen� �s on a Xeaseha�d, Borrav�er sha�� omp�y w�th the pr�v�s�ons of�he lease. �f Borrower acquires fee��tle�o the Property,the Ieasehold and fee title shal�no�be merged unl�ss Lender agrees ta the merger in wri�zng. 6. Condernnat�on The proceeds af any award or ��aim �or damages, direCt or consequen�ia�, �n conn�c��on w�th any candemnation or other tak�ng�f any part of the Praperty, or for conveyance in place of cond�mnation, are her�by ass�gned and sha��be paid ta Lender tfl the exten�of the ful�amount of the indebtedness that remazns unpaid under the Note and th�s Securi�y Znstrument. Lender shall apply such proceeds to �he reduct�on af the �ndeb��dness under the No�e and�his Security Zns�rument, first ta any de�xnquen� amounts applied in th� �rder prav�ded in Paragraph 3, and �hen to prepayment of principal. Any app�icatinn of�he proceeds to the principa� sha�1 not ex�end ar postpone the due da�e of the month�y paym�nts,whxch are referred to ir�Para�raph 2, or�han�e the amoun�of such payments. Any excess praceeds over an amoun�required to pay aIl outs�and�ng�ndeb�edness under the Note and this Security .�nstru.ment shall be paid to�he entity�ega��y en�i�Xe�there�o. 7. Charges to Borrawer and Prate�t�.on of Lender's Rrghts in the Property Borrower shal�pay ail governmen�a�ar municipa�charges,�nes and impositions�hat are nflt included zn Paragraph 2. Bo�-rower sha��pay �hese oi�l�gatians an time directly to the ent�ty which xs owed the paymen�.If failure to pay would adverse�y affect Lender's interest in�he Property,upon Lender's request Borrower shal�promp�ly furn�sh to Lender receipts evxdencing these payments. rf Borrower fa��s to mak�these payments or the payments requzred by Paragraph 2, or fails to perform FHA Nebraska Deed nf Trust-�.21�3 � ��.�� Page 4 vf I� �