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<br /> from tirne�a tirne("RESPA"�, excep�tha�th�cushion ar res�r�e p�rmitt�d�y RESPA for unant�c�pated d�sbursements
<br /> ar disbursernents before the B�rr�vver's payment�are aWai�able li�z thz accaunt may nat be based on am�un�s due f�r
<br /> the mar�gage�.nsurance premium.
<br /> �f�he amounts held b�Lender for Escrow��tems e�r�ec���ie arnoun�s permi�ted�a b�held by RESPA, Lendsr shall
<br /> accaunt to Borravver for�he e�cess funds as requir�d by R1�SpA. rf the amoun�s af funds held hy Lender at any time
<br /> are not sufficien�to pay the Escr�w�tems w�izn due, r1e�d�r Y�ay nc��ify the Borrower and requ�re Borrower�o make
<br /> up the shar�age as�ermitted by RESPA.
<br /> The Escrvw Funds are pledged as additiana� securit� for al� sums secured by this Security Instrurnen�. If
<br /> Borro�rer tenders�o Lender the ful�paymen�:of a�l such sums, Borrower's accaunt shall he credited wi�h the ba�ance
<br /> remaining f�r a�I ins�al�men�items�a�, �b}, �nd[c}and any m�rtga�e insuran�e premiurn installment�that Lender has
<br /> nat l�ecame obliga�ed t❑ pay t� #he Secretary, and I�ender shall prampt�y refund any excess funds �� Borra�nrer.
<br /> Trnmecliately prior to a farec�osure sale o.f�h� Froperty �r i�s acquisi�i�n by Lender, Bnrrower's account sha11 be
<br /> credited v��th any�alance rema�ing for al�znstaXlmen�s for it�ms�a}, �b}, and�c}.
<br /> 3. ApplYcatYon of Payments. .A1X payments und�r paragraphs�an.d�sha��be app�xed by Lender as f�llows:
<br /> FIRST, ��the mortgage�nsuran�e prem7um�o�e paid by Lend�r to the Secretary or�o the rnon�hly charge by
<br /> the Secre�ary instead af the month.ly mort�;a�e insw-a.���e prernium;
<br /> SE��I�D,to an��a�es,specxa�assessm�n�s,leas�hald payments ar ground ren�s, and fire,fload and other hazard
<br /> insurance premiums, as requi.r�d;
<br /> THIRD, ta in�erest due under the l�ate;
<br /> �`�URTH, to amor�izatian of�h�principal of the�T�te; and
<br /> FIFTH, �01a�e char�es due under the No�e. �
<br /> 4. Fire, F��od aad �ther Hazard In��urance. Borrower shall insure a�l irnpro�ements on the Praper�y,
<br /> whether novc�in existence�r subsequ�ntly erected, against any hazards, casual�ies, a.nd cantingenci�s, inc�.uding fire,
<br /> fvr wh�ch Lender requires uasurance. This insurance shall be mazntained�in�he arnounts and for the perx�ds that
<br /> Lend�r requires. ��rrower sha�I aXso insure a�� �mpro�ements nn the Property, v�hether now in existence or
<br /> subsequently erected,agairist�oss by floods tfl�he extent,re9u�r.ed by.�he 5ecretary. A�1 insurance shall be carried with
<br /> campan�es appra�ed by Lender. The insurance policies and any�renewa�s sha1�be held b�Lender and shal��nc�ude
<br /> �oss payab�e clauses in fa�or of, and in a form ac�ep�ab�e�o, �►end�r.
<br /> In�he e�ent of�oss,B�rrawer sha�1 give Lender unme�iate r�o�ic��by marl. Lender may ma�e praaf vf 1ass.if nat
<br /> made prornptly by Borrower. Eac��nsurance company cancerned rs here�y authorized and directed to make pay.men�
<br /> for such loss d�rectly to Lender, ins�ead �f�o Borro�ver and t� Lender jointly. A11 ar any part af the insurance
<br /> pro�e�ds may be app�ied by Lender, at its a�tion, ei�.her�a}t��the reduc�ion af the u�debtedness under th�I�Tote and
<br /> this Security rnstrument, first to an�del�nquent amounts app�ied�ri�he arder in paragraph 3, and then��prepayment
<br /> of pr�ncipal, or �b� ���he res�oration or rep�.ir af�he damaged Property. 1�ny applica�ion af the proceeds to the
<br /> principal sha1�nat e��end�r pastpvne the due da�e of f.he man�hl�paymen�s�rhich are r�ferred to in paragraph 2, or
<br /> change the amount of such pa�ments. Any e�c�ss i�n.sw-ance proce�ds o�er an aamaunt required�o pay aII outstanding
<br /> indebtedness under�he N�te and�us Se�uri�Instrument sha�l be paid ta the entity�.ega�Iy entit�ed�her��n.
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<br /> In the even�af forec�osure of�us Security Ins�runa.�nt or other transfer of tit�e to the Proper�y tha�ext�nguishes the
<br /> indebtedn�ss, a�i�righ�, t�t�e and intierest of Barrawer in and to insuranGe po�icies in force shall pass to�h�purchaser.
<br /> 5. �ccupancy,Pres�rvatxon,Ma�nten�nce anc�Prc�t�ect�on nf the Property;Borrower�s Loan App�x�ation;
<br /> Leaseholds. Barrower�ha1l oc�upy, estab�ish, and use the Praperty as Barrawer's principa�residence within sixty
<br /> days after the execution of�his�S�curity�nsfrwm.ent�ar wi�hin s�xt� days of a�at�r sale ar transfer of�h�Property�
<br /> and sha�� con�tinue�o o�cupy the Praperty as Borrawer's prin�ipal residence for at Ieast one yeax after the da�e of
<br /> occupancy,unless Lender determ�nes�that requirement v�i�l cause undue hardship for Borrov�er,or unless ext�nua�uag
<br /> Gucumstances exist wh��h are ��yand Borrower's cantral. Borrawer shall notify Lender af any extenuating
<br /> circums�ances. Borrower sha1�not comrni�waste 4r des�roy, damage or substantiall�char�ge�he Froperty or a��ov�
<br /> �he Property�a deteriorate, reasanab�e�ear and teax excepted. Lender may inspect f.he Praperty if the Property is
<br /> vacant ar aband�ned or�he loan�s in default. Lender may take reasanab�e ac�ion ta pro�ect and preser�e such vacant
<br /> or abandoned Property. Borrawer sha1� also be �n defau�� �f B�rrawer, during th.e �oan applica�on pr�cess, gave
<br /> FHA NEBRASFCA DEE�3 OF TRL]ST� MERS . • ���a�,��
<br /> NEDQT�.FHA 061'l21�4 Page 3 of 9 � www_do�magic.co�rr
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