2� 1 ���928
<br /> L�AN#: 3�23�32�61
<br /> Section �� ar a�herwise, Bar�ovv�r hereby assign� to Lender �a} B�rrower's rights fio any insuran�e
<br /> proceeds in an amaunt nvt t� ex�eed �M� amounts unpaid under the Note ar this �ecurity Rnstrumen�,
<br /> and �b} any vther nf Borrower's rights tother than the right to any r�fund of unearned pr�miums paid
<br /> by Borr�wer} und�r a�l ins�tran�e po��cies Goverin� �h� Pr�perty, insofar�s su�h rights are app�ica�le
<br /> �a�h�ca�erage af the Prop�rty. L+�nde�may u�e�he insurance p�ace�ds either�� repair vr r��t�re the
<br /> Prop��ty��tfl pa�r�moun�s unpaid under tM� IVo��ar this��curity In��rumen�,whether or not then due.
<br /> 6. ��cupancy. Barrawer ��all occupy, e�t�blish, and use �h� Property as Borrow�r's prin��pai
<br /> r�sidence within 5fl day�after the�x�Gution vf this Securi�lns�rurnent and shaCl continue ta vccupy th�
<br /> Pr�perty as Borra�r�r's prin�ipai r�sidence for at�east ane yearafterthe dat�of�ccupancy,unless Lender
<br /> oth�rwise agre�s in writ�ng, which cons�nt shail not be unreasanabiy wi#hheld, flr unless ex#enuating
<br /> circums�ances exist whi�h ar� b�yond Bvrrower's�antr�l.
<br /> 7. Preservativn, Nla�r�tenance and Pr�tect�on af the Prap�rty; �nspectians. Borrower shai!
<br /> no# destr�y, damage or impair the Prap�r#y, allow th� Prop�rty t� d�teriorate o� commi�waste on �he
<br /> Property. Whe�her or r��t Barr�wer is r�s�d�ng in �he Pro�erty, B�rraw�r shall maintai� th� Property in
<br /> order to prev�nt the Prap�rty from d�te�iorat�ng �r decrea�ing in val�� du� ta its conditian. lJnless �t
<br /> is det�rmined pu�suant ta S�ct��n � tha� repai� �r res�oratian is not ecanomically f�a�i�le, �o�rv►nr��
<br /> shail promptly r��air the Pr�p�rt� if damag�d to avaid furthe�det�ri�rat�vn or damag�, I�in�urance �r
<br /> cand�mnation proceeds are paid in connect�on with damage��, �rthe taking�f,the Prvperty, B�rraw�r
<br /> �hall be r�sponsible for repairin� v� r��toring �he Property only if Lend�r has relea��d pr�ce�ds f�r
<br /> su�h purpases. L�nd�r may dEsburse prviceeds for th� repairs and re�tora���n in � single payment or
<br /> in a seri��of prag�ess paymen�s as the work is complet�d. �f t�e insurar�ce ar�andemnation prace�ds
<br /> are n�t suffi��ent�o repair or r�s�ar�th� Praperty, Borravver is n�t rel�eved of Barr�wer's vbl�g��ian �or
<br /> the cvmpi�tian�f such r�pai�ar r�sto�at�an.
<br /> Len�er ar its agent may make ��as�nabl� �ntr�e� upon and �n�p�ctior�� �f t�e Prop�rty. �f �t has
<br /> rea�anaale caus�, Lender may�ns��ct the in#erior�f the impravem�n�s an�h�Property. L�nd�r shall give
<br /> BQrrow�r natice a�th�tim�af�r prior to such an interior inspec���n spe�ifying such r�as��a�fe caus�.
<br /> 8. Bor�r�wer'�L�an�#ppl�catian.�3�rrower��all b�in d�fauft if,during#��Laan app�Ecation process,
<br /> B�rrower v�any persons or entitie��cting ��th�d��ec�ion vf Barraw�r or wi�l� Barrower's kn�w�edg��r
<br /> c�n�ent ga�r�mat�ria!!y f�l��, misleading, ar inaccurate informat��n vr�tat�rr�ents to L�nder�flr failed to
<br /> pr�vide L�nder w�th mater�a�informa#��n}in conn�ctian with�h�Loan. Mat�r�a�repr�s�nta��ons include,
<br /> but are not limited ta, represent�ti�ns�ance�ning Borr�w�r's�ccupancy of the Pr�perty as Bvrrower's
<br /> princ�pal r�sider�c�.
<br /> 9. Prvtecti�n vf Lender's�nter�st in the Property and Rights Under this Secur�ty�n�trurnent.
<br /> if �a} Borraw�r fai�� �o perfarrin the �flv�n�n#� and agreements �on�ained ir� thi� S��urity In�trurrE�nt,
<br /> �b} t��re is a i�gal proc��d�ng th�t migh� signifi�ant�� affe�t L�nder's i�tere�r in #he Prvper#� a�dlor
<br /> rights under this S�curi�y InStrumen���u�h�s�pro���ding �r��ankrup#cy, p�obat�,far��ndemnation ar
<br /> farfe�ture, for enforc�men��f a li�n whi�h may a�ta�n privr�ty over this Securi�y Instrum�nfi ar ta�nforc�
<br /> laws vr regui�ti�ns}, or �c} B�rr�wer has �bandane� th� Pr�perty, #M�n Lender may d� and pay �ar
<br /> whatever is reasonab��or appropriat��o pr���ct Lender's interes#in the Property and rights �nd�r thi�
<br /> Security Instrumen�, �nclud�n��r��ec�ing andlar assessing the�alue of the Prop�r�1,and s�curing and�or
<br /> r�pairing#he Prop�rty. Lender's ac�ians can�ncl�d�, bu�ar�n�t iirr�ite�to: �a}pa�ling an�sums secure�
<br /> by a lien which has priori�y overthis 5��uri�y Instrument;�b}appe�ring in court;and�c}�aying rea�onab�e
<br /> attorneys'fees�v pr�teGt i�s inter��#in the Property andlor rights under�his 5ecu�ity lnstrument,�n��uding
<br /> i�s s��ure� pasition in a bankruptcy proceeding. Securing th� Prvp�rt� in�iud�S, but is n�� limited to,
<br /> en��ring �he Praperty to make repairs, ch�ng� la�ks, replace vr hoard up doars and �rvind�ws, drain
<br /> water fram pip�s, eliminat� bui�di�g or a�her code ui�lati�ns ar dan�erous candi���n�, �n� hav� util�ti�s
<br /> turn�d an or�if.Afthvugh Lender may take activn under thi�Sectivn 9, L�n�e�da�s nat hav�to do sn
<br /> and �s not under any duty�r�bliga�ion��da�o. It is agreed that L�nder in�urs n�I��bility fvr not tak�ng
<br /> an}�or a�� acti�ns a��horized un�er�his 5�ct�on 9.
<br /> Any �rr�ounts �i�burse� by L��der under�his ���tian � �hal� b�com� additi�nal deb�of Borrawer �
<br /> secur�d �y th�s S�curi�y Ins�rument.Th����moun�s�hall b��r interest at th�Note rat�fram th�dat�of
<br /> disburs�m�nt and s#��}I b�pay��ole:with su�h �ntere�t, �pon no#ice from Lender ta Borrower request�ng �
<br /> pa�Im�nt.
<br /> �f this ���urity Ins#rumen� �s �n a I�a��hQld, Bor�awer shal� compfy �ith ali �h� provisians of�he �
<br /> ,
<br /> �ease. Borro`n►er sha�l not surrender �he leas�ho�d �s#ate and �n��rE�t� h�r�in �c�nv�y�d or �erm�nat� �
<br /> �r c�r�cel the ground ��ase. �orrow�r sh�ll nv�, witho�t th� ��press�vritt�n G�ns�nt of Lend�r, a�ter vr
<br /> amend the ground ��ase. If�orr�w�r��qu���s f�� ��tl� �o the Proper�, the leasehol� and th� #c� tit�e
<br /> shalf not mer�e un���� L�nd�r a�rees#o�h� merg�r in�rvri�ing.
<br /> 1�. Mr�rtga�e lnsuranc�.lf Lender requir�d Mortgage insurance�s a conditian of rr��k�ng�Me Loan,
<br /> �arrov�rersha�!p�y#h��r�miurr����qu�r�d ta maintain the Mortgage lnsurance in effec�. If,farany r�a�on,
<br /> the M�r�c�age ���uran�e Gaverage re+quir�d by Le�d�r c�a�e�ta b�avai�abl�fram the m�r�gag� insurer
<br /> tha� pre�i�us�y �rov�d�� such insuranr,� and �orrovver w�s r�qui��d tv make sep�rat�ly desi�nated
<br /> paym�n�s tvward �h� p�emiums for� Mortg�ge Insurance, Borrawer shal� pay �Me prem�ums required
<br /> ta obta�n ��v�r��e �ubstantially equivalent to the Mortgage In�ur�n�� previflus�y in eff�c#, at a cast
<br /> substar�tially equivalent to th� cost to B�rrower af th� M�rtgage In�uran�e previousiy in effec#, frarn �n
<br /> NEBRASKAw-�ingle F�mily--Fannie MaelFreddie Mac UNfF�RM fNSTRUMENT Form 3Q�8�Il�"�
<br /> Eliie Mae,inc. Page �of 11 NEEDEED �3�5
<br /> N�ED�ED��LS}
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