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� 2� 17��5�3 � and restoration in a single payment or in a ser�es of progress payments as the wvrk is campleted. If�he insurance or condemnat�on proceeds are not sufficient to repair or res�ore the Property, Borrower is no�relie�ed af Borrower's obligation far the completion of such repair or restoration. If candemnation proceeds are paid in connection wi�h the taking vf the property, Lender shall apply such proceeds to the red�c�ian af the indebtedness unde.r the Note and this Security Instrument, first ta any delinquent amounts, and then to payment of principal. Any app�ication of the pr�ceeds to the principa� shall no� extend or postpone the due date of the manth�y payments ar change the amount of such payments. Lender ar its agent may make reasonable entries upon and inspections of tihe Property. �f i�has reasanable cause, ' Lender may insp�c�the�nterior af the impro�ements on the Property. Lender shal�gi�e Borrower notice at the tixne nf or prior ta such an in�erior inspection specifying such reasonab�e cause. 8. Borrower's Lvan Applicat�on. Barravver shall be �n default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower ar with Borr�wer's knowledge or consen�ga�e materially fa�se, misleading, or inaccura�e informat�on or sta�ements to Lender (or failed �o pro�ide Lender with materia� �nforma�ion} in connection with the Loan. Mater.ial representatians inc�ude, but �.re not limited to, representations concern�ng Borruvver's accupancy of the Property a�Barrower's principal residence. 9. Protection Qf Lender's Iaterest in the Praperty and Right� Under this Security Instrumen� If�a} BorrovWer fai�s ta perform the co�enants and agreements cantained in this Security Instrument, (b} �here is a Iegal - proceeding that m�gh�significant�y affec�Lender's interest in the Propert�andlor rights under this Se�urity Instrument �such as a proceeding in bankruptcy, probate, far condemnation or forfeiture, for enforcement of a Iien whiCh may attain priority o�er this Security Instrument or ta enforce laws or regulatians�, or �c} B�rrower has abandoned the Fropert�, then Lender may do and pay for whate�er is reasonable or appropria�e to pro�ect Lender's interes�in the Property and rights under this Securi�y Instrument, inc�uding pratectiing andlor assessing�he�alue of the Property, and securing andl�r repairing the Property. Lender's actians can include, but are nat limited to: �a}paying any sums secured by a lien vWhich has priority o�er�his Security Instrument; �h}appearing in c�urt; and(c}paying reasanable attorneys' fees to pratect�ts interest in the Property andlar rights under this Security Instrument, including its secured pos��ion in a bankrup�cy proceeding. Secur�ng the Prap�rty includes, hut�s not 1imi�ed ta, entering the Property to make repairs, change 1�cks, replace or board up daars and wxndows, drain�water fram pipes, elim�na�e�ui�ding ar other code�iolations or dangerous conditions, and have u�ilities turned an or off. Althvugh Lender may take ac�ion under this Section 9, Lender does not ha�e to do so and is not under any duty or ob�igat�an�o do so. It is agree�l that Lender incurs no liability for n�t taking any or all activns authorized under this Section 9. Any amaun�s disbursed by Lender under this Se�t�on 9 shal�become additianal de�t of B�rrower secured by this Security Instrumen�. These amounts shall bear interest at�th�Na�e rate from the date af disbursement and shall be payable, w�th such interesti, upvn notice from Lender to Barrower requesting payment. I:f this Security Instrumen� �s on a leasehold, Borrower shall c�mply w�th all the pra�isions �f the �ease. If Borrower acquires fee�i�le to the Praperty, the leasehold and the fee ti�le sha�l not merge unless Lender agrees to the merger in writing. lU. Assignment af Mis�el�aneous Proceeds; Forfeiture. All Mxscellaneous Pr�ceeds are hereby assign�d to and sha11 be paid�o Lender. If�he Froperty is damaged,such Miscel�aneous Proceeds shall be applied to res�oratian or repair of the Praperty, if the rest�ra�ion or repair is econamica�ly feasib�e and Lender's securi�y is not �ess�ned. During such repair and restaration period, Lender sha�l ha�e the right to hold such M�scellaneous Proc�eds until Lend�r has had an . oppor�un�ty to inspect such Praperty to ensure the vWork has been completed to Lender's satisfacti�n, pro�ided�hat such inspection shall be undertaken pramptly. L,ender may pay fo.r the repairs and restoration in a single d�sbur�ement ar.in a ser�es af progress paym�nts as the work is completed. Un�ess an agreement is rnade in wr��ing or Appl�cable LavW requ�res in�erest�v be paid on such Miscellaneous Froceeds, Lender shall nat be requ�red to pay Barrower any in�erest or earnings an such M.iscelianeous Froceeds. If the restoration �r repair is not economically feasib�e or Lender's security would�e lessened,the Miscellaneaus Proceeds shall be applied to the surns secured by this Security Instrument, whether or not then due, wi�h the e�cess, if any, paid�o Barrower. 5uch Miscellaneous Proceeds sha11 . be appiied in the order pro�id�d for in 5ec�ion 2. . NEBRASKA FHA❑EED OF TRUST- MERS DoclYJagic o N EDOTZ2.FHA 0 91141�5 Pag e 7 of �3 www,dvcmagic.cam f ■ ■ 1� �