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<br /> ' 2� 1 �� 185�
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<br /> . LDAN#: '1���37571
<br /> Sec�ion �� vr othenn�is�, B�rrow�r her�by assigns to Lender t�} Borrower's rights �o any insurance
<br /> pro�e�ds in an am�unt n�t to �xc�ed th� am�ur�ts unpaid under�he Note or this �ecurity Instrum�nt,
<br /> and �b} any vth�r af B�rrower's rights �oth�r than the right ta any refur�d of unearned premiums paid
<br /> by B�rr��nr�r} under a!I insuranc� p�lici�s cover�ng �he Property, �nsofar as such righ�s ar� appiicab��
<br /> to t�e ca�rerage of�h� Praperty. Lender may use�h� insurance pro�e�ds�ifih�r t� repa�r or�es��r�the
<br /> Rrope�ty or to�ay am�untS unpaid under the No��or this�ecuri� �nstrum�nt,wh��her�r no�th�n due.
<br /> 6. ���upancy. garrower shall occupy, �stablish, and use th� Pr�perky as Borrower's prin�i�ai
<br /> residence wi�hin 6a days after�he ex�cution of this Securif�y�nstrument and shall continu�#o ac�upy�h�
<br /> P�op�rt�as 8orra��r's pr�ncipal re�iden�e for at 1eas�one yearaft�r#he dat��f�ccup�ncy,un��ss Lender
<br /> otherwise agre�� in wri�ing, which cans�n� shall not �e unr�asonably w��hh��d, or unless �x��nuatin�
<br /> circumstances exist which are be�ond Borrower's�antrol.
<br /> �. Preservation, Maintenance and Protect�on af the Praperty; Inspecti�ns. Barrow�r shal�
<br /> nat destroy, damage or impair the Property, ailaw the Pr�perty to deteriarat� or c�mmi�wa�te an the
<br /> Property. Whe�her or not B�rrower is residing in the Pr�p�rty, Borrow�r sha�l main�ain th� Pr�p�rty in
<br /> order �o pr�vent the Prope�#�I fram de�erioratin� or dec�easing in �a�ue due �a ��s condition. Un�ess ��
<br /> is de��rmined pursuant to Sec�ion � �hat re�air �r r�sto�ation is not ecvnomi�aily fe��ible, Bo�r�we�
<br /> shall pr�mptiy repair the Pr�pert� i�damaged #o avoid furkher deteriarat�on ar dam�ge. if insurance or
<br /> co�demnation proc�eds are paid in c�nnection with damage ta, ar�h�taking�f, the Prvperty, Borraw�r �
<br /> shall �e r�spflnsibl� for repa�ring or res�orir�g �h� Propert� only if Lend�r �as re�eased proceeds for ;
<br /> such purposes. Lend�r may disburse proceeds for the repa�r� and restorativn in a single payment or
<br /> in a s�ries of pragress payments as�he work is complet�d. If the in�urance ar candemnatian proce�ds
<br />� ar� not suffici�n��o r�pair or restar�the Prvp�rty, Borrawer�s n�t reli�ved af B�rrow�r's obiigati�n for
<br />� the c�mpletion of such repair or resto�ation.
<br />' Lende� ar i#s agen� may make r�asonable entries upor� and insp�cti�ns of�he Property. �f it has
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<br />' ��asflnabl�caus�, L�nd�r may inspec�th��nterior of�he impravem�nt�ar�the Property. Lend�r shall give
<br /> Borr�wer notice a�the time of or prior to such an in�erior inspection sp�cifying such reasonabie cause.
<br />� 8. Borr�vver's L�an Ap�ii�ation.Borrow�r s#�all be�n defaul#if,dur�ng the Loan application pracess,
<br />' Barrvwe�ar any�ersons ar entiti�s acting at�he direc�i�n af Borrvw�r or wit� Barrovver's kn�wfedge ar
<br />' cans�nt gave mat�ria�ly fals�, misl�ading, ar inaccurat�informa�ion or stat�m�nts to L�nder�or fail�d�a
<br />;
<br /> provide Lender w�th ma#�rial information} in c�nnectivn�vith�he Loan. Mat�rial repres�n��#ior�s�nclud�,
<br />� but are na�limi�ed to, repr�s�ntations�oncerning E3�rro�n►er's�c�u�ancy�f the Property as B�rrower's
<br /> principa� residence.
<br /> 9. Protection�f Lender's Interest�nthe Propertyand Rights lJnd�rthis Security Instrume�nt.
<br /> If �a} B�rrower fai�s ta p�rfi�rm the �o�enants and agreements c�ntained in th�s 5e�urity �nstrumenfi,
<br /> �b} there is a legal proc�eding �hat might sigr��fi�an�ly affec� Lende�'s int�rest in the Prop�rty andl�r
<br /> r�ghts und�r this Security Instrum�nt�such as a pr�ceeding in �ank�upt�y, prabate, fQr candemna�ion or
<br /> forf�iture, for enforc�ment of a lien�►vhich n�ay a�tain pr��rity over this S��urity Ins�rument�r t�enfar�e
<br /> laws or r�gu�atians}, ar �c} Barrawer has abandoned �h� Praperty, then Lender may do and pay fo�
<br /> v�rhate�er�s reasanabl�ar a�propriat�ta protecfi Lende�'s int�res�in th� Praperty and rights under t��s
<br /> �e�urity Instrumen#,�nc�uding pr�t�c�ing andl�r assessing�he valu�of the Rroperty,and securing andlor
<br /> repairin�the Pr�perty. Lend�r's actions can�nclud�, bu��r�not limited ta: �a} p�ying any sums secur�d
<br /> �y�li�r�v��ich I�as prio��ty ov�rthis Se�urity�nstrumen�;�b}appear�ng in c�urt;and{c}pay�n�reas�nable
<br /> a��arne�s'fe�s to pr��ect�ts interest in the Property andlor righ��underthis Securifiy Instr�umen�,including
<br /> its se��red p�si#i�n in a bankruptcy proc�eding. S�curing th� Property �ncludes, bu� is n�t �im��ed ta,
<br /> �nt�ring �he Property �a make r�pairs, chang� lo�ks, r�place o� �aard u� doors and wind�ws, drain
<br /> vwat�r from pip�s, e�iminate building or other�o�e Uivl��ions�r�angerous conditions, and have utilities
<br /> turned ar� ar off.Alth�ugh L�nder may�ak�action unde�th�s���tivn 9, Lender doe� no�hav��a do s�
<br /> and is nat under any duty �r obligati�n to d�so. 1t is agreed that Lender�ncurs na I�abili�y f�r not taking
<br /> �ny ar all ac#i�ns auth�rized und�r this Section 9.
<br /> Any amnunts dis�ursed by Lend�r und�r this S�ctian 9 sha�l becvme additianal debt vf Bor�a�er
<br /> secured by�his�ec�rity Instrurn�nt.The��am�unts shall bear interes�at�he Note rate fram�he date of
<br /> disbursement and shall b�payabl�,with suc� int�r�s#, upon notice from Lender ta Bor�ower requesting
<br /> payment.
<br /> [f this Security lnstrum�nt �s on a leas�hoid, gorrower shal� compiy with af� fih� pr�vis�ons of�h�
<br /> I�as�. Borrower shall nat surrende� �he I�as�h�fd estat� and in���ests herein canvey�ed or te�minate
<br /> vr cancel the ground �ea�se. Borrower shall n�t, vvi�haut the �xp�ess wri��en cansen�of Lende�, alter or
<br /> am�n� the ground iease. �f Borra��r acquires fee fiitie to the Prop�rty, the I�asehold and the fee �ttle
<br /> shal! not merg� u�t�ess Lend�r agrees ta the m�rg�r in v�ri�ing.
<br /> '��. Mart�age fnsurance.If Lend�r requir�d Mo�tgage Insurance as a condition of making�he Laan,
<br /> Barr�wer shall pay the pr�miums required to ma�ntain the Mortga�e Insurance in eff�ct. �f,for any reasan,
<br /> the Mor�gag� �nsuranc��a�erage requir�d by Lend�r ceases to be availab�e frvm the mvrtgage insurer
<br /> that p�ev�vusly provid�d such insurance an� Barrawer w�s require� to make separately des�gnated
<br /> paym�nts ��ward �he premiums for fUlo�tgage Insuran�e, Borro�n►er sha�i pay the pr�miums required
<br /> t� obt��n �ov�ra�� substantially equivale�t to the M�rtgage Insurance prev�ously in effect, at a ��st
<br /> subs�a�tially �quivalen�to the cost ta Borrawer�f the Martg�ge �n�urance p��v�ously �n fFec�, f� an
<br /> �nitials: �. ,
<br /> NEBRASKA--Single Family--Fann�e MaelFreddie Mac UNIF�RN!IIVSTRUMENT Form 34281I��1
<br /> Eflie Mae,�nc. Page�of 1� NEEDEED �315
<br /> NEEDEED�CLS}
<br /> o��2s�zo�s o�:56 PM PST
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