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2� 17� 1582
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<br /> L��AN#: �so�s�T��
<br /> �ect�on �� ar a�herwise, B�rrawer hereby assigns to Lender �a� Barrvwer's righ�s to any �nsurance
<br /> praceeds in an amount not to �xceed the amounts unpa�d und�r the Note �r this �Security Instrument,
<br /> and ��} �ny other Qf Borrvwer's ri�hts tather than the right to an� refund �f une��ned premiums paid
<br /> �y Borr�v�er} und�r all insuran�e poiici�s covering the �rop�rty, insvfar as su�h �ights ar� app�icab�e
<br /> to the coverage of the Praperty. Lend�� may us�the insurance pro�eeds eith�rtoirepair or res�nre the
<br /> Property ar ta pay amoun�s�npaid under the Nat��r this�ecurity Instrumen�, wh��her or not then due.
<br /> S. ��cupancy. B�rr�wer shall occupy, estab�ish, and use the P��perty as �orrower's principa!
<br /> �-�s�dence within��days after�he executi�n o�th�s�e�urity instrument and shall cdntinue ta�ccupy the
<br /> Property as Bvrrower�s prin�tpa!residen�e for at I�ast one y�ar afte�the da�e of accu�ancy,un�ess L�nder
<br /> oth�rwis� agree� in writing, vwhich c�ns�nt shall not b� unr�asonably withheid, o� unless ��ctenuating
<br /> circumstances ex�s�which are I�eyond Borraw�r's Cvntrol.
<br /> 7. Pr�servativn, IlAaintenance and Prote�t��n af the Praperty; Inspec�ipns. Borrawer sh�ll
<br /> not des�rvy, damage ar impair�he Praperty, allaw the P�operty �o deteriorate or �vmmEt w�ste an the
<br /> P�operty. VVh�ther or not Borrow�r is resid�n� in the Prop�rty, Barrower �hall mai tain the Prop�rty in
<br /> ord�r �o pre�ent the Prop�rty fram d�ter�arating ar decreasing in �alue due �� it condition. Unless it
<br /> �s det��min�d pursuant to Sectian � that re�air or restaratian is not economica�l feasib�e, Borr�wer
<br /> shall promp��y repair the Prap�rty if damaged to avo�d further deteriaratian or da� a�e. If insuranc� ar
<br /> �ond�mnation p�oceeds��� paid �n �onnec�ian with damage to, or the taking af, th� P�Qperty, Borrawe�
<br /> shalr be respons�ble for repa�r�ng �r ��staring the Property on�y �f Lend�r has r��eas�d proce�ds far
<br /> su�h purpases. Lend�r may disburse proceeds for the repairs and r�staratian in � single payment or
<br /> in a serie�af pr�gress payments as the work is�ompleted. If the insurance o�cor��emnat�on pr�ceeds
<br /> are nvt suffic�ent tv r�pair or restore the Prop�rty, B�rr�w�r is n�t re�i�ved �f B��-Iower's obligation for
<br /> the c�m�let�on of such repair or restoration.
<br /> Lender or it� agent may mak� r�asnnable entries upan an� �nspecti�ns �f t�� Property. 1f �t has
<br /> r��sona�le cause, Lender may ins�aec�the inte�ior of the impra��ments on th�Prop��ty. Lend�r sha��g�ve
<br /> Barrow�r na�ice at fihe time of or priar t� su�h an interior inspe�tion specifying suGh reasanable cause.
<br /> 8. Barrawer's Loan Applicat�on.Bor�ower shall be in default if,during the Loar�appl�cation process,
<br /> B�rrower�r any persons ar enti�ies acting at the dire�tion a�Barrower�r with B�rr�wer's knowledge or
<br /> cQnsen�gave ma�erial�y false, mfsleading, ar ina�curate infarmation or statements t�v Lender��r fatled ta
<br /> pravid� Lender wi�h ma�er�a�informativn} in��nneGtion with the Loan. Mat�riai reprhesentations include,
<br /> but ar� not lim�ted to, repres�ntations con�ern�ng Borrower's accupancy a��h� Pr�perty as Borrowe�'s
<br /> p�inc�pal residence.
<br /> �. Pr�tecti�n af Lender's�nterest in the Property and Rights Under this$�ecurity�nstrurnent.
<br /> If �a} Borrower fails �� perform the �ovenants and agreemen�s cantain�d in this ecurity lnstrument,
<br /> �b} the�e is a legal proceeding th�a� mFght signi�ican�ly affect Lender's �nterest i�1 the Pr�perty �ndl�r
<br /> rEghts under this Securit�r Instrument�such as a prace�ding in bankruptcy, probat��for c�ndemnation or
<br /> forfeiture, for enforcement of a lien which may atta�n priarity over this SecurEty In�t ument ar to enfaree
<br /> 1aw� ar reg u�ations}, ar �c� Borrawer has a�andoned the Pr�perty, then L�nder, ay da and pay for
<br /> whatever is �easona�le or appropriat� t� p�o��c�Lende�'s interest in th� Property nd rights under this
<br /> S�curityinstrument, including pr�tecting andlarassessingthevalueafthe Propert�r,'and securing andlor
<br /> r�pairing the Pr�perty. Lender's acti�ns can include, but are not limited t�: �a} p�yi g any sums secured
<br /> by a lien which has p��ority overthis 5ecurity Instrument;��}appearir�g in court;and���paying r�asnna�le
<br /> �tta�neys'f��s t4 pratect its inter�st in the Property andlor rights under this Security I�nstrum�nt, inc�uding
<br /> ��s secured pa�rfii�n �n a bankruptcy proceeding. Secur�ng th� Property includ�s, �but is na� limited to,
<br /> �nt�ring �h� Property to make repairs, change I�cks, �e�lace �r baard up daors'and w�nd�ws, drain
<br /> water f�om pipes, eliminat� building or other�ode viv�ation���dang�rous canditi� s, and hav� utilities
<br /> turne� an o�a�f.Al�h�ugh Lender may tak�action unde�this �ect�on 9, L�nd�r d� s not have to do sa
<br /> and is no�und�r any duty �r obl�gation �o do so. It is agreed tha�Lende��ncu�s na iabi�ity far nvt taking
<br /> any ar af� actions autharized under�his Sectian 9.
<br /> Any am�unts disbursed by Lender under this Section 9 sha�l b�cnme additia al debt af Borraw�r
<br /> secured by this Security Instrum�nt.Th�se amounts shal� bear�nterest at the Not��ate fr�m the�ate vf
<br /> drsbu�sement and sha1�be payal�l�, wi�h such �nterest, upon natice from Lender t� arrow�r��questin�
<br /> payment.
<br /> If�his ��cur��y Ins�rumen� is an a ieas�ha��, Borrow�� shalf comply with all� � p�ovisE�ns vf the
<br /> ieas�. Bo�rawer shall not surr�nder th� �easehoid estate and interests herein �� v�yed flr terminate
<br /> or cancel th� ground lease. Borrower shal� not, w��hout the express wr�tten cons� t af Lender, a�t�r ar
<br /> amend th� graund �ease. If Sorrawer acquires fee title to the Property, the leas� o�d and th� �ee titl�
<br /> sha�l no�merg� unless Lender agre��t�the m�rger�n writing. '
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<br /> 'I�. Mortga��Insurance. �f Lende�-required IVlortgage�nsurance as a condi�i of making the L�an,
<br /> Borrawer shall pay�he premiums r�quired to maintain the Martgage Insurance in e ct. If,for any reason,
<br /> �he I'�llartgage Insurance�o�era�e r�quired by Lender ceases�a be available fr�m�he mortgage insurer
<br /> that pr�viausly provided such �n�uran�e and B�r�ower was requir�d to make s�pa�at�ly d�s�gnated
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<br /> paymen�s �oward the premiums for Martgag� Insurance, Borrawer sha�! pay th�� p��miums requi��d
<br /> to abtain �ov�rag� substantially equiva�ent to the Mortga�e In�uran�� pr�viou�ly� in eifect, at a �ost
<br /> substantial�y equivaien�ta th� cost to Borrower af�he Mortga�e insuranc� pr�vio��ly in efiF ct from an
<br /> Inlitials: `�
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<br /> NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIF�RM lNSTRUMENT Farm 3028'I10'� -3 �s G
<br /> EIl�e Mae, Inc Page 6 af �1 NEEDEEQ �315
<br /> NEEDEED�CLS}
<br /> Q$�121120�7 11.��AM PST
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