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<br />Section 5 that - pair or restoration is not economically feasible, Borrower shall promptly repair the Property if
<br />damaged to a oid further deterioration or damage. If insurance or condemnation proceeds are paid in
<br />connection wit damage to, or the taking of, the Property, Borrower shall be responsible for repairing or
<br />restoring the P operty only if Lender has released proceeds for such purposes. Lender may disburse proceeds
<br />for the repairs and restoration in a single payment or in a series of progress payments as the work is
<br />completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property,
<br />Borrower is no relieved of Borrower's obligation for the completion of such repair or restoration.
<br />Lender or i s agent may make reasonable entries upon and inspections of the Property. If it has reasonable
<br />cause, Lender ay inspect the interior of the improvements on the Property. Lender shall give Borrower
<br />notice at the ti e of or prior to such an interior inspection specifying such reasonable cause.
<br />8. Borrow is Loan Application. Borrower shall be in default if, during the Loan application process,
<br />Borrower or a y persons or entities acting at the direction of Borrower or with Borrower's knowledge or
<br />consent gave aterially false, misleading, or inaccurate information or statements to Lender (or failed to
<br />provide Lender with material information) in connection with the Loan. Material representations include, but
<br />are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal
<br />residence.
<br />9. Protecti
<br />Borrower fails
<br />legal proceedin
<br />Security Instru
<br />enforcement o
<br />regulations), o
<br />reasonable or a
<br />including prote
<br />Lender's action
<br />over this Securi
<br />interest in the
<br />bankruptcy pro
<br />repairs, change
<br />other code viol
<br />action under thi
<br />is agreed that Le
<br />Any amount
<br />by this Security
<br />and shall be pay
<br />If this Secur
<br />Borrower acqui
<br />to the merger in
<br />10. Mortga
<br />Borrower shall
<br />Mortgage Insur
<br />previously prov
<br />toward the pre
<br />substantially eq
<br />cost to Borrowe
<br />by Lender. If s
<br />to pay to Lender
<br />ceased to be in
<br />lieu of Mortgag
<br />is ultimately pai
<br />loss reserve. Le
<br />amount and for
<br />available, is obt
<br />Insurance. If L
<br />n of Lender's Interest in the Property and Rights Under this Security Instrument. If (a)
<br />o perform the covenants and agreements contained in this Security Instrument, (b) there is a
<br />that might significantly affect Lender's interest in the Property and /or rights under this
<br />ent (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for
<br />a lien which may attain priority over this Security Instrument or to enforce laws or
<br />(c) Borrower has abandoned the Property, then Lender may do and pay for whatever is
<br />propriate to protect Lender's interest in the Property and rights under this Security Instrument,
<br />ting and /or assessing the value of the Property, and securing and /or repairing the Property.
<br />can include, but are not limited to: (a) paying any sums secured by a lien which has priority
<br />y Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its
<br />Property and /or rights under this Security Instrument, including its secured position in a
<br />eeding. Securing the Property includes, but is not limited to, entering the Property to make
<br />locks, replace or board up doors and windows, drain water from pipes, eliminate building or
<br />tions or dangerous conditions, and have utilities turned on or off. Although Lender may take
<br />Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It
<br />der incurs no liability for not taking any or all actions authorized under this Section 9.
<br />disbursed by Lender under this Section 9 shall become additional debt of Borrower secured
<br />Instrument. These amounts shall bear interest at the Note rate from the date of disbursement
<br />ble, with such interest, upon notice from Lender to Borrower requesting payment.
<br />ty Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If
<br />s fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees
<br />riting.
<br />e Insurance. If Lender required Mortgage Insurance as a condition of making the Loan,
<br />ay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the
<br />nce coverage required by Lender ceases to be available from the mortgage insurer that
<br />ded such insurance and Borrower was required to make separately designated payments
<br />turns for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage
<br />ivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the
<br />of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected
<br />bstantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue
<br />the amount of the separately designated payments that were due when the insurance coverage
<br />ffect. Lender will accept, use and retain these payments as a non - refundable loss reserve in
<br />Insurance. Such loss reserve shall be non- refundable, notwithstanding the fact that the Loan
<br />in full, and Lender shall not be required to pay Borrower any interest or earnings on such
<br />der can no longer require loss reserve payments if Mortgage Insurance coverage (in the
<br />the period that Lender requires) provided by an insurer selected by Lender again becomes
<br />ined, and Lender requires separately designated payments toward the premiums for Mortgage
<br />nder required Mortgage Insurance as a condition of making the Loan and Borrower was
<br />required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall
<br />NEBRASKA- Singl- Family - Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Form 30 ms 1/01
<br />Laser Forms Inc. (800) • 46 -3555 ``
<br />LFI #FNMA3028-MERS 9/11 Page 7 of 13 Initials<1!)/ nn
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