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<br /> Secti�n 5 tha�repair or res�ora�ion x�no�econamically feasible, Borrower shall p�omp�i�� r�pa�r the P�oper�y if
<br /> damaged t❑ avoid fut•ther de�e�•iara�ion ar damage, If insu�-ai�ce o� condemnatio�� pxo�eeds are paid �n
<br /> connec��on wi�h da.mage to, �r �he �aking af, �he Property, Bor�r�uTer s�all be t•�sp�risible for repazring or
<br /> res�aring the y�ropex�y only if Lender has re[eased praceeds fot• such purposes, Lender may clisbu��se praceeds
<br /> far �he xepairs and xestoration in a single paymcn� ar i� a scrics of progr�ss payments as the worl� is
<br /> _. completed. X:C the insu�rance or candemnatior� praceeds a�-� noti sufficient to repair �r re,�t�re the Proper�y,
<br /> Borr�vver is n�t reiie�ved of Borrawer's obligation far�he cample�i�n af such repair or xes�az�a�i�r�..
<br /> Lender ox �ts agent rnay rnal�e reasonable entries upon and�nspec�ions of�he P��operty, Tf it has reasonable
<br /> cause, Lender naay ins�ec� the interior of the impravemen�s an the Frope��y. Lendez shall give Borrowe�
<br /> r�otice at the��me af or prior to such an�n�eriar inspe�tion specif}�ing such re�.sonable caus�,
<br /> S. 13orrawer'� Loan �pplication. Bo��rower sha�l be in defaul� if, dur�ng �he Loan app�icatian ��ocess,
<br /> Borr�wer or any persons a�r en�i�ies ac�ing ati the direction �f Borrowe� ox with Barrov�ve�r's l�now�cdg� or
<br /> consent gave materiaily false, misleading, a�r �naccurate infarmatxon or s�a�ements to Letader �ar failed ta
<br /> prav�de Lender wx�h ma�ex�al inf�rmatian} in conne�tian wi�h the.I,oan. Materral repxesen�ai.ions include, but
<br /> are no� l�mi�ed ta, i epxes�nta�ions �ancerning �3orrovver's occupancy af�he �'raperty as Borrawer's prine�pal
<br /> ,.
<br /> res�dcnce.
<br /> 9. Pra�ec�i�n of Lend�r'S Interes� xn �he Praperty �nd Ri�ht� Under �h�5 Security Instrument. Zf�a}
<br /> Borrower fa��s ta perfa�m �he cfl�enants and agreemen�s con�ainec� in this Secuxit� �ns�rument, �b� there is a
<br /> lega� proceeding tha� rnxgh� signi�can�l�� affec� Lender's �n�e�re�� in �he Praper�y an��ar righ�s under �his
<br /> Secur�ty �nstrum.en� �such as a proceeding in bankrup�cy, praba�e, far condemna�zon or foxfeiture, for
<br /> enforcement �f a lien which may a�tain priarity ave�r this Securi�y Instrument or �o enforce Iaws �r
<br /> xegula�ions}, or �c� Borrower �as abar�doned �he Pr�perty, �hen Lender may do and pay for whate�eir is
<br /> �reasonab�e or app�roprzate to protec�Lender's ir��eres�in the P�•ope��y an�rights ur�der�hzs Se�uri�y�nstrumcn�,
<br /> xnc�uding p�a��c�ing a�.dlor assessing the �alue af the Prope�-ty, a��d securing a��dla�r �•epairing ��ae Praperty,
<br /> Lend�r's a��ions can inc�ude, but are �ot Iimited to; �a� paying any surns secu�red by a lien vvh�ch h�s priority
<br /> ❑ver this Security rns�rumen�; �b� appearing in couxt; and �c} payxng xeasanable atto�n�ys' fees �o p�ro�e�� ��s
<br /> interes�: in �he Prap�rty andl�r righ�s undcr �his Sccur��y 7ns�rumcnt, �ncluding its se�ured pos��ifln in a
<br /> bankrup�ey pra�eeding, Se�uring �he Pz�oper�y inc�udes, but is tl�ti �imi�ed �a, ente�i�g the Prop�r�y �a malce
<br /> �epaY�s, cha�nge lacks, replace or board up daors and w�nd�vvs, d�rain v�ra�er frorn pi�es, eliminate building ar
<br /> o�her �ode vialati�ris or �ang�rous candi�ions, and have ut�lities �urn�d on or off, Aithough Le�.dex may tai{e
<br /> ac��an under this Sectian 9, Lend�r does na�have�a �o so and is n��under any du�y o�r abliga��on�o do so. It
<br /> �s a�reed�hat L�nder in�:ur�n�liability fc�r no�.�aking any ar all acti�ns aui:h�rized under�his Secti�n�.
<br /> Any amoun�s d�sbursed b� Lend�r under this Sec�ian 9 shall be�ome additional d�b� of Boxrower secured
<br /> by �hxs Secu�ity Ins�xument. These amounts shall bear in�eres� at�he Note rate from ��e �a1;� of di�bursement
<br /> and shal�be p a�ab Xe,with such in�erest,upon notice frtirn Lender�o B orrower reques�ing paymen�.
<br /> �f�h�s Secu�ri��ns�xument is �n a leas�hald, Bflrrow�r shall comply�vith a�l the ���v�sions af the lease, rf
<br /> Barr�wer acquires fee���le�a�he Fraperty, the��asehoid and�he fe��i�le shal�no�merge unl�ss Lender agrees
<br /> �a�h�merger in vvriting,
<br /> 1�. l�Iortgag� Insurance. If Lender rec�uired M4rtga�e Znsu�rance as a conditfon of making the Loan,
<br /> Borrovver shall pay the premiums requi�red �o maintain�he Mor�gage �nsurance in eff�ct. �f, for any rea�an, �he
<br /> �ortgage 7nsuran�e co�erage required by Lender �eases �o be a�railabie from the mor�gage insur�r �hat
<br /> pz•eviously provided su�h insurance a�1d Bor�awer was �required �o rnaf�e se�a�•a�ely designa�ed p�.ym�nts
<br /> ��wa�d the prerniums for Mortgage rnsurance, Bnrro�ver sha�l pay �he p�emiums required �� ab�ain co�erage
<br /> subs�antial�y equiva�ent tio the Martgage�nsura.nce pre�rzous�y �n effect, at a��s� subs�an�ially e�uivalen��o�he
<br /> cast tfl Barr�vvex of thc Mortgage Insuran�e previausl�r in effect, from an al��rna�e martgage insurer se�ected
<br /> by Lender, 7f suiostatl�iall� equivalent Mar�gage Insu��ance cove�rage is �lot a�ailab�e, Borrovver shall �on�inue
<br /> �o pay to Lender the amount�f th�sep�.ra�ely designated �aym�n�s tha�we�� due v�hen �he i�surance coverage
<br /> ceased �o �e in e�fec�. Lender will accept, use and re�ain �hese paymen�s as a non-x�efundable lass resexve �n
<br /> Iieu of Max�gag� Insuran��. Such loss reserve shall be non-rofundable, nfltivvi�hs�anding the fact �hat the Laan
<br /> xs u�timat�Iy paid in fu�I, at�d L�nder shall no�: be required to pay B�rrower any in��res� ar earnings �n such
<br /> loss reser�e. L�nde� can no Ionger require loss reserve payman�s if Mortgage Znsurance �ov�r�.ge �i� the
<br /> amoun� and far �he per�od tha� Lender requires} provided by an insurer selected by Lender again becornes
<br /> available, is ab�ained; and Le�.�er requz�res sepa�at�ly designa�ed payrnen�s�flv�ax d �l�e pren�iu�x�.s for Martgage
<br /> In��urance. If Lender required Mor�gage In�urance as a conditi�n af mal�ing �he L�an and L�rr�wer vvas
<br /> requir�d to rnal�e separately designa�ed paymen�s tov�ard��ie premiums for Mor�gage rnsurance, }3orxa�ver shall
<br /> NEBRAS�CA-Single F'amiiy -Fannie MaelFreddie Mac UNIFaRtUI INS7RUMENT
<br /> Form 3U28�il�'�
<br /> Las�r�'vrms lnc.�80�}44�-3555 �,
<br /> LF l#FNMA3028�l�� ���� ��f 13 [n it�a�s:� �, ,�
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