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2� 1 ��8���
<br /> LDAN#: 1 fi35'�77'�3�
<br /> Secti�n �� or �ther�vis�, Bar�-ower hereby ass�gns ta Lender �a} Borror�r�r's ri�hts to any insurance
<br /> praceeds in an amaun� nat�o exceed the amoun�s unpaid und�r the No�� or th�s Secu�ity Ins�rument,
<br /> �nd �b} any o�her�f Borrower's rights �o�her than the right�Q ar�y re�un�d of unearned pr�miums paid
<br /> by Borro���} und�r all insu�ance policies c�Wering the Praperty, insofar as such rights are applicabl�
<br /> �a�he�a�era��of�he Prvper�y. Lender may u�e the in�urance proc�eds e��her tv re�ai�ar restore the
<br /> Praperty or to pay amounts un�aid under the Not�ar this Security�nstrument,whe�her or not then due.
<br /> �. �ccupan��. B�rrower shall occupy, ��tabl�sh, and use the P�ope�y as Bo�r�wer's principal
<br /> resid�nce within��days after th�ex�cution af this Security Instrum�nt and shal��vn�inue��occupy�h�
<br /> Property as Borrflwer's princ�pal residenCe�orat least ane yearafter�he da�e of accupancy,unless Lender
<br /> other-wise ag�ees in �riting, �nrhich can��n��hall not be unreasvnably withh���, �r unless ex�enua�ing
<br /> c�rcumstances�xist wh�ch ar�bey�r�d E��r�ower's c�n�rvl.
<br /> 7. Preser►►ation, Maintenance and Prvt�ct�an vf the Property; Inspections. Barrovver shall
<br /> not destroy, damage or impair the Property, al��w the Prc�perty to deteriorate c�r commit waste on �he
<br /> Property. Vllhe�her ar not Bor�ovuer i� re�iding in the Prvper�y, Borrowe�shall ma�n�ain �he Praperty in
<br /> arde� to pre�ent the Proper�}� fr�m d��e�iorating vr de�r�asing in �alue due to tts cond�tian. Unless it
<br /> is de�ermined pursuant ta Se�ti�n 5 that repair or restvrat�on i� no� �conomicatly fe�sibl�, Bo�rower
<br /> shail p�omp�ly repair the Prope�ty if damaged #o aW��d�u�her det�rioration or damag�. �f insurance or
<br /> cvndemnatian praceeds are pa�d in connection with damage to,�r the taking of,�he Pr�per�y, Borr�wer
<br /> shall be responsible fflr r�pair�ng or restaring the Prape�y anly ifi Lend�� has released pra�eeds �or
<br /> such purposes. L�nd�r may d�sburse proc�eds for �he repairs and restoration in a s�ngle payment vr
<br /> in a serie�o�prvgr�ss payments as the vuo�k�s comple�ed. I��he insurance��condemnation proce�ds
<br /> are no�sufficient ta repa�r vr r�store the P�operty, Barrotirver i�not relieved o�Barrower's obligatian f�r
<br /> the campletivn�f such �epair vr r�storation.
<br /> Lender or its ag�nt may make reasonabie en�rie� upon �and inspe��ions v�th� Property. �f it has
<br /> rea�vnable cause,Lender may inspect�he�nter�or of�he impr�Wemen#s on�he Property.Lender�hail g��e
<br /> Barrower na�ice at�h�time af or prior t�such an interior insp�ctian speGi�y�n�such reasonab�e cause.
<br /> 8. Bvrrov�er's Loan Appii�ation.Borrawershall be in def�ult if,during the Lo�n appli�ation process,
<br /> Borrvwer or any p�rsons ar�nt�ties ac�ing at the direc�ion v�Bflrrower�r with Borr�wer's knowiedg�or
<br /> �onsen�gave ma�erially false,misleading,nr ina�cu�ate in�armatian ar statem�n�s to Lend�r�or faifed ta
<br /> provide Lender w�th materia�informativn}�n connec�ion with the Loan. Material rep�esen�a��ons�nc�ud�,
<br /> but are not�imited to, represen�ativns c�ncerning Borrower's occupancy o#the P�aperty as BarraWve�'s
<br /> principal res�den�e.
<br /> 9. Prvt�ction�►f Lender's Int�r��t in th�Prvperty and R�ghts Un�erthis Se�urity�ns�rument.
<br /> �f�a} Bo�-rowe�faiis to perfv�m the ���enants and agreements contained in this Securi#y Instrumen�,
<br /> �b} the�e is a legal proceeding thaf might s�gnificar�tly �ffec� Lender's interes� in �h� F�r�perty andf��
<br /> ri�hts under this 5ecur��y�nsfirum�nt�such a�a p�o�eeding in bankruptcy,probat�,�or condemna��on or
<br /> for�eitu�e,for enfvrcement of a li�n which may a��ain priority av�r this Se�urity lnstrum�nt or to en�orc�
<br /> la�vs or reguiations}, a� �c} Bprrat►ver has abandon�d �h� Praperty, then Lender may do and pay for
<br /> w�ate�e�-is reasonable or appr�priate tv pratect Le�der's interest in the Prvperty and righfis unde�this
<br /> S�cur�ty Instrument,including prflte�t�ng andlvr assessing the�alue of the Prope�ty,and securin�andlor
<br /> repair�r�g th�Prap�r�y. Lender's actions can�nclude, �ut are nat limit�d�a: �a}pay�ng any sums s�cured
<br /> �y a lien whi�h has�r�ority aver�h�s Security lnstrument;�b�appearing in�aur�;and�c}paying reasonabie
<br /> a��orneys'��ees to protect its�nterest in the Prap�rty andlar ri�ht�und�r this Secu�i�y instrum�nt,inc�uding
<br /> its secured positian �n a bankruptcy proceeding. SeGuri�g tf�� P�ape�y inc�ud�s, but is no� lim�t�d t�,
<br /> en��r�n� th� Pra�erty �n make repairs, change lacks, rep�lac� ar board up d�ors and wind�ws, drain
<br /> water€ram pipes, eliminate buiiding vr o#h�r cod�v���a�ions or�angeraus cond��ions, and ha�e utilities
<br /> �urned an or o#f.Al�hough Lender ma�y take act�on under th�s Sect��n 9, Lender�oes not have to da so
<br /> and is nat under any duty vr obiigatian tv do so. It is agreed tha�Lender incurs n�liab�iity for not�aking
<br /> any or ail act�ons aut��rize� under this S�ction 9.
<br /> Any amaunts di�bur�ed by Lender under this S�ction 9 shall becom� additivna� debt of Borrower
<br /> secur�d by�h�s Security lr�strument.These amoun�s shall bear interest at the Note rate�rvm the date of
<br /> disbursement and sha�ll��payab�e,wi�h su�h interest, upon na�ice frvm Lender to Borro�nrer requesting
<br /> payment.
<br /> if th�s Se�ur�ty Ins��ument �s �n a l�asehold, Borrower shaf! ��mply vvi�h ali the provisi�ns of the
<br /> lease. Borroi►ver shali not sur�-ender the leasehold estate and in�e�ests h�re�n c�n�ey�d or terminate
<br /> or cancel the graund le�se. Borr��rer shall not,withvut the express writ�en consent��Lend�r, al��r vr
<br /> amend the ground �e�se. If Borr��ver acqu�res fe��itle t�the Property, the I�aseho�d an� the�ee ti��e
<br /> shail n�t merge unl�ss Lender agr�es fi�the me�ger in vuri�ing,
<br /> 1 fl. M��tgage ln�urance.If Lender requi�-ed 111lor�gage I nsurance as a con�i�i�n of makin�the Loan,
<br /> Bor�aw�r�hall pay the premiums required to ma�ntain the Mar�gage Insurance in effect.��f,far any reason,
<br /> �he Mortgag� Insurance coverage required by Lend�r ceases ta be a�ailable fram the mortgage insurer
<br /> that pre��v�sly pro�ided such insurance and Barrower was requir�d to make separately designated
<br /> paymen�� toward the premiums for Mor#gag� Insurance, Bar�o`►v�r shali pay th� pr�miums �equired
<br /> �a v�tain coWerage substantia�ly equi�a�ent to the Morkgage lnsuran�e prev�ously in effec�, at a �ost
<br /> subs�antially equiva�en�to the cnst to Sarrawer o��he Mortgage lnsuranc� previously in e�fect
<br /> ln�t�al : _-
<br /> NEgRASKA-wSingle Family--Fannie MaelFreddie Mac UNIF�RM I[VSTRUAIIENT Farm 3028�If�'� �
<br /> Ellie Mae,Inc. Pa�e �af'�� NEEDEE❑ 0315
<br /> NEEDEED 4CLS}
<br /> ��1�512D 16 47:33 AM PST
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