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� 2� 1 ��857 and restarati�n in a single payment nr in a series of pr��ress payrnents as the wark is comp�eted. If the insuran�e or candemnation proceeds are not suffi�i�nt to repair�r rest�re the Froperty, Borrower is n��r��ieved nf Barrnwer's obligatior�for the complet�nn of such r�-pair or rest�ration. If cond�mna�ivn proceeds are paid in �onnection with the taking of the pro�er�y, Lender shall apply such proce�ds�o the reducti�n of the indebtedness under the Note and this Security�nstrum�nt, first t� any de�inquent amounts, and then to payment �f principal. Any application of the praceeds to the principal shall not extend or p�stp�ne the due date of the monthly payments�r chang�the amount�f such payments. Lender ar its agent may make reasonable�ntries up�n and inspe�tivns of the Property. If it has reasanable cause, Lender may inspect the interior of the improvem�nts�n the Proper�y. Lender sha11 give Borrow�r natice at the time �f or�rior to such an interior ir�spect�on sp��ifying such reasonal�le cause. � 8. Bnrrower's Loan Appli�ation. Borrower sha11 be in default if, during the Loan applicativn process, Barrower 4r any per�ons or�ntities acting at the d�rectian of Borrow�r ox with Borrower's knowledge or�onsent gav� materially false, nusleading, or inaccurate information�r state�ents�.o ��nder �or f�.iled to provide L�nder �ith � material information} in cQnnection with the Loan. Material representations include, but are n�t li�ited ta, � -r�presentatians cancerning Barrower's occupan�y of the Prop�r�y as Barrower's principal residence. 9. Protection of Lender's Interest in the Praperty and �igh�s Und�r this Security� �nstrun�en�. If�� Borrow�r fai�s to p�rfflrm the cfl�enan�s and agreements contained in this Security Instrum�nt, ��} ther�is a 1ega1 � praceedir�g that might significant�y affect Len�er's int�rest in the Property andlor rights und�r this Security Instrumen� �such as a prt�ceeding in ban�uptcy, probat�, fflr cond�mnatifln flr for��iture, far enforcement o�'a Iien which may attain priority ov�r this S�curity Instrument or to enforce laws or reg�xlations}, �r �c}Bdrr�wer has aban�oned the , Property, then Lender may do an�i pay f�r whate�er is reasonable�r appropriate to pr�teCt Lender's int�rest in the ' Propert�ar�$righ�s unde�'triis Securit�Inst�me�t, includi�ng pratecting andf ar assessing t�ie va�u�e of th�Prop�rty, and s�curing andl�r repairing the Property. Lend�r's actians can include, but are nat limited to: �a}paying any sums � secured by a lien vvhich has priority over�his Security Instrument; �b�appearing in cnurt; and�c}paying reasonable attorn��s' fees tfl�rfltect its int�rest��the Prop�rty antilor righ�s under this Security Instrument,including its secured position in a bankruptcy pr�ceeding. Secur�ng the Pr�perty includes, but�s not limited to, entering the Property to rnake repairs, chang�locks, rep�ace�r l�oard up doors and windows, drain water firvm pipes, eliminate�uiiding or ot1�e�cod��i�lations or d.ange�aus condi��or�s, an�have utilities turnec�on or�ff. A�thaugh Lender may take action under this 5ection 9, Lender does not have to do s❑and is not und�r any duty or�bligat�an t�do so. It is agreed tha� ' Lender incurs no liability for no�taking any or all actions authorized under this Section 9. Any amounts disburse�by Lend�r under this Section 9 shall bec�me addi�innal d�bt�f Barrower s�cured by this Security In��rument. These am�unts sha11 b�ar interest a�the N�te rate fr�m the date nf disbursement and sha��be payab��, with�uch interest, up�n nQti�e fr�m Lender tv Borrower requesting payment. If this Security �nstru�ment is �n a leasehold, Borrower shall comply with a11 the pro�isions of the Iease. If � Bvrrower acquires fee tit�e to th�Property, the leas�h+��d and the f�e title shall not merge unless Lender agrees to the rnerger in writing. � 14. Assignm�nt of�Iisce�l�aneous Proceeds;Farfeiture. 1�1 Miscellaneous Proc�eds are hereby assignec�to ' and shall b�paid�o Lender. If the Froperty is damaged,such Miscellaneous�'roceeds sha11 be applied to r�starati�n ar repa�r of the Property, � if the restoration ar repair is economically �easible and Lend�r's security is not l�ssened. During such repair and � restoration periad, Lender sha11 have the righ� to hold such Misce�laneaus Proceeds until Lender has had an oppox�unity to inspect such Property to ensure the work has been completed tv Lender's satisfaction, pr�vided that � such inspection�ha�l b�undert.�l�en promptly. Lender may pay for the repairs and rest�ration in a single disbursemen� or in a series of progress payments as the work is�ompleted. Unless an agreement is made in writing�r Applicab�e Lavv requ�res int�rest to b�paid�n such Misc��laneaus Proceeds, Lender shall not be required ta pay Borr+ow�r any int�rest or earnings on such Nlisce�laneous Proc�ed�. I�the restoration ar repair is not ecanom�cally feasible or Lender's security wauld be lessened,the Miscel�aneous Pr�ceeds sha.�l be applied to�he sums secured by this Security �nstrument, whether or nat then due, with the excess, if any, paid to Barrower. Such Miscellaneous Proceeds shall be applied'u1 th�order provided for in Section Z. NEBRASKA FHA DEED 4F TRUST- MERS p�� N ED�TZ2.FHA 491141�5 P�ge 7 of 'I 3 www,docmagtc.corn