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2� 1 ��5398
<br /> by a lien v�hich has priority over this Security Instrument; �b3 appearing in court;and(�)paying
<br /> reasonable attarneys' fees to prfltect its interest in the Praperty andlor rights under this Securit�r
<br /> �nstrument, including its secured posit�on in a bankruptcy proceeding. Securing the Property includes,
<br /> but is not limited to, entering the Proper�y��make repairs,change locks,replace or�oard up doors and
<br /> �rndows,drain water from pipes, eliminate bui�c�ing or other code vio�ations ar dangerous conditions,
<br /> and have u�i�ities turned on or off.Although Lender may�a1�e action under thi�Section 9,Lender does
<br /> not ha�r�t�do �o and is not under any duty or obligation to do so. It is agreed that Lender incurs no
<br /> liability for not taking any or all actians authorized under this�ection 9.
<br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt af Borrower secured
<br /> by this Security Instrument, These amounts shall bear interest at the Note rate from th�date of
<br /> disbursement and sha11 be payable,with such interest,upon notice from Lender ta BorroWer requesting
<br /> payment,
<br /> If this Security�nstrument is an a leasehold, Borrower sha11�omply with ai�tbe pro�isions of the lease.
<br /> If Borrower acquir�s fee title to�he Property,the leasehold and the fee title sha11 not merge unless
<br /> Lender agrees to the merger in writ�ng.
<br /> 'I�, Assignmentof MiscellaneousPraceeds;Fvrfeiture.All Miscellaneous Proceeds are hereby
<br /> assigned to and shall be pa�d to Lender.
<br /> If the Property is damaged, such Misce�laneous Proceeds sha11 be applied to restora�ion or repair of the
<br /> Property, if the restorat�on or repair is economically feasible and Lender's security is not lessened.
<br /> During such repair and restoration period, Lender shall have�he right ta hold such Miscellaneous
<br /> Proceeds until I�ender has had an opportunity to inspect such Property to ensure the work has been
<br /> comp�eted to Lender's sat�sfa�tion,provided that such inspecti�n shall be underta.ken promptly, Lender
<br /> may pay f�r the repaus and restoration�n a single disbursem�nt or in a�eries of progress payments as the
<br /> wor1�is completed. TJn�ess an agreement is made in v�r�ting or Appl�cab�e Law requires intere�t to be
<br /> paid on such Miscellaneous Praceeds,Lender sha�l not be required t�pay Borr�wer any interest or
<br /> earnings on such Miscellaneaus Proceeds. If the restoration or repair is not economically feasible or
<br /> Lender's security would be lessened,the Miscellaneous Proceeds sha11 be appIied to the sums secured by
<br /> this Security Instrument,whether or not then due,with the excess, if any,paid to Barrower. Such
<br /> Miscellaneous Proceeds sha11 be applied in�he order pr��ided for in Sectian�,
<br /> �n the e�ent of a tota.l taking,destruction,or loss in�alue�f the Property,the Miscellaneous Proceeds
<br /> sha�I be applied to the sums secured by this Security Instrument,whether ar nat then due,with the
<br /> excess, if any,paid to Borro�er,
<br /> In the event of a partia�taking,des�ruction, or�ass in�alue of the Property in which the fau market
<br /> �alue of the Property immediately before�he part�al taking, des�ruction,or loss in�a1ue is equal ta or
<br /> greater than the amaunt of the sums secured by this Security Instrument immediate�y before the partial
<br /> taking,destruction,or loss in value,unless Borrower and Lender�therwise agree in writing,the sums
<br /> secured by this Security�nstrument sha�1 be reduced by the amoun�of the Miscellaneous Proceeds
<br /> multip��ed by the fo��owing fractian: (a)the total amount�f the sums secured immediately before�he
<br /> partial taking,destruction,or lass in value divided by�b}the fair market�ralue of the Property
<br /> �mmediately before the partial ta.king,destruction,or loss in value.Any balance sha11 be paid to
<br /> Borro�ver,
<br /> FHA Deed af Trust Vllith MERS-NE 913�12414
<br /> Bankers SystemsTN+ VMP� VMP4N(NE)[154fi}.4�
<br /> Walters Kkuwer Financial Services Page 9 af 17
<br /> q�3359��31�3 �233 419 0917
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