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Section
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<br />NEBRASKA - -Si
<br />Ellie Mae, Inc.
<br />2 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance
<br />in an amount not to exceed the amounts unpaid under the Note or this Security Instrument,
<br />y other of Borrower's rights (other than the right to any refund of unearned premiums paid
<br />er) under all insurance policies covering the Property, insofar as such rights are applicable
<br />erage of the Property. Lender may use the insurance proceeds either to repair or restore the
<br />r to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.
<br />ccupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal
<br />within 60 days after the execution of this Security Instrument and shall continue to occupy the
<br />s Borrower's principal residence for at least one year after the date of occupancy, unless Lender
<br />agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating
<br />ces exist which are beyond Borrower's control.
<br />eservation, Maintenance and Protection of the Property; Inspections. Borrower shall
<br />y, damage or impair the Property, allow the Property to deteriorate or commit waste on the
<br />hether or not Borrower is residing in the Property, Borrower shall maintain the Property in
<br />event the Property from deteriorating or decreasing in value due to its condition. Unless it
<br />ed pursuant to Section 5 that repair or restoration is not economically feasible, Borrower
<br />ptly repair the Property if damaged to avoid further deterioration or damage. If insurance or
<br />tion proceeds are paid in connection with damage to, or the taking of, the Property, Borrower
<br />sponsible for repairing or restoring the Property only if Lender has released proceeds for
<br />ses. Lender may disburse proceeds for the repairs and restoration in a single payment or
<br />of progress payments as the work is completed. If the insurance or condemnation proceeds
<br />ficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for
<br />tion of such repair or restoration.
<br />or its agent may make reasonable entries upon and inspections of the Property. If it has
<br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give
<br />otice at the time of or prior to such an interior inspection specifying such reasonable cause.
<br />rrower's Loan Application. Borrower shall be in default if, during the Loan application process,
<br />r any persons or entities acting at the direction of Borrower or with Borrower's knowledge or
<br />e materially false, misleading, or inaccurate information or statements to Lender (or failed to
<br />der with material information) in connection with the Loan. Material representations include,
<br />limited to, representations concerning Borrower's occupancy of the Property as Borrower's
<br />idence,
<br />tection of Lender's Interest in the Property and Rights Under this Security Instrument.
<br />er fails to perform the covenants and agreements contained in this Security Instrument,
<br />a legal proceeding that might significantly affect Lender's interest in the Property and /or
<br />this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or
<br />r enforcement of a lien which may attain priority over this Security Instrument or to enforce
<br />ulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for
<br />reasonable or appropriate to protect Lender's interest in the Property and rights under this
<br />rument, including protecting and /or assessing the value of the Property, and securing and /or
<br />Property. Lender's actions can include, but are not limited to: (a) paying any sums secured
<br />h has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable
<br />es to protect its interest in the Property and /or rights under this Security Instrument, including
<br />position in a bankruptcy proceeding. Securing the Property includes, but is not limited to,
<br />Property to make repairs, change locks, replace or board up doors and windows, drain
<br />ipes, eliminate building or other code violations or dangerous conditions, and have utilities
<br />off. Although Lender may take action under this Section 9, Lender does not have to do so
<br />der any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking
<br />tions authorized under this Section 9.
<br />unts disbursed by Lender under this Section 9 shall become additional debt of Borrower
<br />is Security Instrument. These amounts shall bear interest at the Note rate from the date of
<br />t and shall be payable, with such interest, upon notice from Lender to Borrower requesting
<br />curity Instrument is on a leasehold, Borrower shall comply with all the provisions of the
<br />er shall not surrender the leasehold estate and interests herein conveyed or terminate
<br />ground lease. Borrower shall not, without the express written consent of Lender, alter or
<br />round lease. If Borrower acquires fee title to the Property, the leasehold and the fee title
<br />ge unless Lender agrees to the merger in writing.
<br />gage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan,
<br />11 pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason,
<br />Insurance coverage required by Lender ceases to be available from the mortgage insurer
<br />ly provided such insurance and Borrower was required to make separately designated
<br />and the premiums for Mortgage Insurance, Borrower shall pay the premiums required
<br />erage substantially equivalent to the Mortgage Insurance previously in effect, at a cost
<br />quivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an
<br />gle Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Page 6 of 1
<br />201704342
<br />LOAN #: 046238
<br />NEEDEED 0315
<br />NEEDEED (CLS)
<br />06/23/2017 09:43 AM PST
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