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2� 17��85 and restoration in a s�ngle payment or in a series of pr�gress payrnents as the v►�ork is comple�ed. If�he insurance ar condemnation proceeds are not sufficien� �� repair or restore the Property, Borrawer is not r�1ie��d of Bvrrower's obligation for�he completion of su�h repai.r or res�oration. �f condernnation proceeds are paid in cannection v�ith the �aking of the propert�, Lender sha11 apply such praceeds to the reduct�on of�he xndebtedness under the No�e and this Secur�ty Instrumen�, f�rs��o any de�inquent amounts, and then to payment af pr�n�ipal. Any application af�he proceeds to the principal shall not extend or pastpane the due date of�he manthly payme�ts�r change the arnount of such payments. Lender or its agent may make reasona�le entrxes upon ar�d inspections of the Proper�y. If it has reasonable cause, Lender may inspect�he interior of�he impro�emen�s on�he Proper�y. Lender shall give BorrovWer notice at the�i_me of or prior to such an interiflr inspection speci fying su�h reasonab�e cause. 8. Borrawer's Laan App�ication, Borrower shall be �n default if, dur�ng the L�an application process, Barrower or any pers�ns or entities ac�ing at�he direction of Borr�vWer or with Borrower's knowl�dge or cansent ga�e material�y false, m�sleading, �r inaccurate information or s�atements tv Lender �or failed�o provide Lender wi�h ma�erial info.rma��on} in connection wi�h the Loan. Ma�er�al representatior�s include, but are not limited t�, representati�ns concern�ng Borrawer's occupancy of the Property as Borrower's principal resid�nce. 9. Protection of L�nder's �nterest in the Praperty and Right� �[Jnder this Security Instrumen#. If�a} Borrower fails tio perform the co�enants and agreements contained in �his Se�urity Instrument, �b}�here is a legal praceed�ng tha�migh�signif can��y affect Lender's interest�n the Praperty andlor rights under this Security Instrumen� �such as a pro�eeding in bankruptcy, proba�e, for condemnation or forfeiture, for enforcement af a��n which may attain pr�ority a�er this Securi�y Instrument or to enf�rce Iaws or reguiations}, or �c} Borrower has a�andaned the Property, then Lender may do and pay for whate�er is reasonable or appro�r�ate to p.rotect Lender's i.nter�st in�he Property and r�ghts u.nder this Securi�y Instrurnent, includ�ng pr�tecting andlor assessing the value of�he Fr�perty, and securing andlar repairing the Property. Lender's acti�ns can�nc�ude, �u�are not l�mited to: �a�paying any sums secured by a Iien vvhich has priori�y o�er this Security Tnstrument; �b�appearing in court; and�c�paying reasonable att�rneys' fees to protect its interest in the Property andlor rights ur�der this Security Instrument, including its secured positian in a bankruptcy praceeding, Se�uring th�Proper�y i.ncludes, �u�is no�limited to, entering�he Property to make repairs, change locks, replace�r board up dovrs an.d wind�ws, drain water from pipes, el�minate bui�ding or o�her code��alat�ans or dangerou�conditions, and have uti�ities turned on ar off. Althaugh Lender may take action u.nder�his Section 9, Lender does not ha�e to d�so and is nat under any duty or abl�gation�o do so. Tt is agreed�hat Lender incurs no Iiability far not�ak�ng any or all actians authorized under this Section 9. � Any arnounts dis�ursed by Lender under this Sec�ivn 9 sha11 bec�me add�tional debt of Barrower secured by this Security Instrument. Th.ese amaunts shal� bear interest at the Note rate from the date of disbursemen� and sha�l be payab�e, with such interest, upon notice from Lender to B�rrower requesting payment. �f this Securit}� Ins�rument is on a leasehold, Borro�ver shall cvmply with a1l the pr�visians of the lease. If Barrvwer acquires f�e title to�he Pr�per�y, the ieasehold and the fe�t�tle sha11 na�merge unless Lender agrees to the merger in writing. 14. Assignment of Miscelianeous Proc�eds; Forfeiture, All Miscellaneous Proceeds are hereby ass�gned�� and sha�l be paid�o Lender. If�he Praper�y Ys damaged,such Miscellaneous Pro�eeds shali be applied to restiara�ion ar r�pair af the Prvper�, if�he restoratian ar repair is econvmica�ly feasible and Lender's secur�ty is not 1e�sened. During such repair and restoration p�riod, .Lender sha�l ha�e the r�gh� ta h�ld such Miscellaneous Praceeds until Lender has had an opportuni�y tfl inspect such Property to ensure the work has been comple�ed to Lender's sati�faction, pro�ided �hat such inspe�tion shal�be under�aken promptly. Lender rnay pay for the repau-s and res�orat�on in a sing�e d�sbursement or in a seri�s of pr�gress payrn�nts as the work Ys completed. L3nless an agreement is made�n writing ar Applicable Law requires�nterest to be paid on such Miscelianeous Praceeds, Lender sha11 n�t be requ7red to pay Borruwer any in�erest or earnings on such Miscellane�us Proceeds. If the res�vra�ian flr repair is not economica�ly feasibie ar Lender's secur�ty v�ould be lessened,�he Miscellaneous Pr�c�eds sha�l be applied�o the sums secured by this Se�urity �nstrument, wheth�r or no�then due, with the excess, i f any, paid to Borrawer. Such M�scellaneous Proceeds shal t be applied in the orde�-pro�ided for in Section 2. NEBRASKA FHA DEED aF TRUST - MERS DvclVl�agi� � NEDQTZ2.FHA �91�4115 Page 7 af 13 www.do�magic.com � . .