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<br /> Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause,
<br /> Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time
<br /> of or prior to such an interior inspection specifying such reasonable cause.
<br /> 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process,
<br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave
<br /> materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with
<br /> material information) in connection with the Loan. Material representations include, but are not limited to,
<br /> representations concerning Borrower's occupancy of the Property as Borrower's principal residence.
<br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a)
<br /> Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal
<br /> proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument
<br /> (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may
<br /> attain priority over this Security Instrument or to enforce laws or regulations), or(c)Borrower has abandoned the
<br /> Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the
<br /> Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property,
<br /> and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a)paying any sums
<br /> secured by a lien which has priority over this Security Instrument; (b)appearing in court; and(c)paying reasonable
<br /> attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured
<br /> position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to
<br /> make repairs, change locks, replace or board up doors and windows, drain water from pipes, eliminate building or
<br /> other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action
<br /> under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that
<br /> Lender incurs no liability for not taking any or all actions authorized under this Section 9.
<br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
<br /> Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be
<br /> payable, with such interest, upon notice from Lender to Borrower requesting payment.
<br /> If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If
<br /> Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the
<br /> merger in writing.
<br /> 10. Assignment of Miscellaneous Proceeds;Forfeiture. All Miscellaneous Proceeds are hereby assigned to
<br /> and shall be paid to Lender. •
<br /> If the Property is damaged,such Miscellaneous Proceeds shall be applied to restoration or repair of the Property,
<br /> if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and
<br /> restoration period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an
<br /> opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that
<br /> such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement
<br /> or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable
<br /> Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any
<br /> interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or
<br /> Lender's security would be lessened,the Miscellaneous Proceeds shall be applied to the sums secured by this Security
<br /> Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall
<br /> be applied in the order provided for in Section 2.
<br /> In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be
<br /> applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to
<br /> Borrower.
<br /> In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of
<br /> the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount
<br /> of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value,
<br /> unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced
<br /> NEBRASKA FHA DEED OF TRUST DocMagic
<br /> NEDOT2.FHA 09/14/15 Page 7 of 13 www.docmagk.com
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