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2� 1 ��4797
<br /> L�AN#: 'I 81 fi22��22 '
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<br /> Section �� ar other�wise, 8or�ower hereby �ss�gns to Lender �a} Borrower's righ�s �o any insurance �
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<br /> pra�eeds in an amaunt not to exceed th� amounts unpaid under the Nate or this Securify Instrumen#, �
<br /> and �b} any ather of E3a�row�r's r�gh�s �other th�n the right t� any r��und of unearned pr�miums �a�d �
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<br /> by 8or�ower} under all insu�ance pvlicies covering the Property, insafar as such righ�s a�� appl�cable i
<br /> to the cav�rag�of the Prop�rty. Lender may use the insurance pro��eds �i#h�r tio r�pair ar restare�he �
<br /> Property or to pay amounts unpaid under the N�te��this 5ecurity�nstrum�nt, whe#her or not then due.
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<br /> �. �ccupancy. Bvrrawer shal! occu�y, �stablish, and use the P�oper�y as Borrawe�'s principai �
<br /> residence w�thin 6�days after the execu#i�n af this Security Instrum�n�and shall�ontinue t�occupy th�
<br /> Prvperty as Borrower`s princ�pa�residence for a�least vne yea�after the date of occupancy,un�ess Lender
<br /> otherwise a�rees in writing, which Consen# shall not be unreasan�biy w�thhel�, �r uni�ss extenuating
<br /> ��rcumstanc�s ex�st which are heyon� Bor�ow�r's c�ntro�.
<br /> 7. Pre�ervati�n, I�lain�enance and Protec#ion of the �'roperty; Inspec��ons. Bar�awer sha��
<br /> no� dest�oy, damage or impair th� Prop�rty, allow the P�ope�ty ta det�riorate or cammit waste on �he
<br /> Prv�erty. Vllhether ar not B�rrower is residing in the Property, Borrower shall ma�ntain �h� Pro�er�y �n
<br /> order tv pre�ent the Prnp�rty from de��riora�ing or decreasing in value due to its canditi�n. Uniess ��
<br /> �s det�rmined pursuant to Sec�ion 5 that repair ar r�starat�on is nat ecanomi�ally feasibie, Barrawer
<br /> shall promptly repa�r the Property i�damag�d to av�id further deteriara�ion or damage. lf insurance or
<br /> condemnation proceeds are paid in conn�c�E�n with damage to, or th�ta�king af, the Prap��ty, Borrower
<br /> shali be responsib�e fnr r�pa�ring or restoring th� Property only if Lend�r has re�eased proceeds �or
<br /> such purposes. Lend�r may disbur�e proceeds for the �epairs and restvration �n a sing�e payment or
<br /> in a series of progr�ss payments as the work is completed. if the insuranc�or condemnat�on �roceeds
<br /> are n�t sufficient to repair or rest�re the P�aperty, Borrower is not relie�ed of Bo�rawer's �biigati�n far
<br /> the completion of su�h repair ar res�orat+an.
<br /> Lender �r its agent may make reasonab�e entries upvn and �nspections o� th� Properky. If it has
<br /> reasvnablecaus�,Lendermay insp�c�the�nteriorofthe impro�ements on the Proper�y.Lendershall gi�e
<br /> Borrower notice at�he time of ar�rior to such an in�erior�ns�ection specify�ng such reasanable cause.
<br /> S. �orrower's Loan Applica�ion.Borrower shall he in default if,during the Loan application pr��ess,
<br /> Borrower o�any p�rsons or ent�ti�s acting at the d�recttan v��3orrowe�or with Bo�rower's know��dg�or
<br /> consent gave material�y fafse, misleading, or inac�urate information or statements to Lender�or failed to
<br /> pra�ide L�nderwith material information}�n connection with th�La�n. Materia!representations inClude,
<br /> but are not I�mited to, representati�ns Concernin� �3orrower's accupanGy of th� Praper�y as Bnrrower's
<br /> �rin�ipaf residence.
<br /> 9, Protection of Lender's Interest in�he Pr��er�y and�'rghts Under this Securi�y�nstrument.
<br /> !f �a} Borrower fa�ls to perfo�m the �o�enants and agreements cantained in this Security Instrument,
<br /> �b} �here is a legal praceeding �hat might s�gnificantiy affe�t Lender's in�erest in �he p�ope�ty andlor
<br /> r�ghts under this Secur��y Instrument�such a�a proc�eding in bankruptcy, pr�bate,fo�condemnation or
<br /> forfei�ure, far enforcement of a lien wh�ch may attain �riority over this Security lnstrument or to en�or��
<br /> faws or regulations}, or ��} 8or�awe� has abandoned th� Prope�ty, then Lender may do and pay for
<br /> whatever is reasanabte or�pprapriat�t�pr��ect Lender's interest in the Prop�rty and �Eghts und�r this
<br /> Se�urity lnstrument,including protec�ing andlor assess�ng th��alue of the Pra�e�#y,and securing andlar
<br /> repai��ng the Property. Lend�r's aetions can in�lude, but ar�not limi�ed ta: ta}paying any sums secured
<br /> by a�ien v�rhich has privrity over this Security Instrum�n#;�b}appear�ng in cour�;and�c}paying reasonabl�
<br /> atto�neys'fees to��otect its interest in the Property andlo�rights unde�#his Secur��y�nstrument,includtng
<br /> its secur�d p�sition in a bankruptcy pr�c�eding. Securing �he Property includes, but is not limit�d t�,
<br /> entering the Property �a make r�pairs, chang� Iocks, replace ar board up daors and windows, drain
<br /> wa�er frnm pip�s, �liminate bu�ld�ng vr�ther cv�e viaiations or dangerous condit�ons, and ha�e utiiities
<br /> turned on �r off.Althvugh Lender may take a�tian u�der this 5��tion 9, Lende�daes nat have to d� so
<br /> and is not under any duty vr obligation t�d�sv. It is agreed that L�nde�in�urs no��abili�y far not tak�ng
<br /> any vr a#� actions au#hori�ed under this Sectivn 9.
<br /> Any amounts disbursed by Lende� under this �ection 9 shal� become additional debt of Borrower
<br /> s�cured�y this Security lnstrument.These am�unts shall bea��n#erest at the Note ra�e from the dat�af
<br /> disbursement and shall be payab�e,w�th such inter�st, upon no�ic�from Lende�to B�rrower r�questing
<br /> �ayment.
<br /> !f this S�curity Inst�ument �s on a leasehald, Barrower shall �amply vu�th ali the provisians afi the
<br /> I�ase. B�rrqw�r shal� not surrender the leas�hold estate and int�rests her�in con��yed or terminate
<br /> or cance[th� gr�und feas�. B�rrower sha�� not, w�thout the express wri��en consent of Lend�r, aiter ar
<br /> amend the ground I�ase. If Borroirve� ac�u�res �ee �it�e to the Pra�er�y, th� leasehold and the fee title
<br /> shal! not merge unl�ss Lender agrees t❑the merg�r in wri�ing.
<br /> 1�. 1111vrt�age lnsurance.lf Lender requ�red Mortgage Insurance as a conditEon of making the Loan,
<br /> So�rawer shafl�ay the premiums required�o ma�nta�n the Mortgage Insurance in eff�ct. If,for any reason,
<br /> the Martgage lnsurance c�verage required by Lender ceases to be avaiiable from th�martga�e insur�r
<br /> that previausly pr��ided such insurance and Bo��ower was r�quired fio make separate�y designat�d
<br /> paym�nts toward #he pr�miums €or Mor�gag� lnsurance, B�rrower shall pay the premiums required
<br /> to �btain �overag� substant�ally equiva�ent to the M�rtgage Insu�anc� previ�usly in e�f�ct, at a cast
<br /> subs�antial(y�quivalent to the cost to Barrvwer af the IUlor�gage Insurance previously in �ffect, from an
<br /> �nitiais•��.Y�,.�
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<br /> NEBRASKA--Sing�e Family--Fannie Ma�IFreddie Clllac�NiFORM IN5TRU1'tiIIENT Farm 3U�8�I1Q�
<br /> Ellie Mae, Inc. Page 6 of 1� NEEDEED D3�5
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