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<br />6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within
<br />sixty days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's
<br />principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which
<br />consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's
<br />control.
<br />7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage
<br />or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower
<br />is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating
<br />or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration
<br />is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration
<br />or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the
<br />Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds
<br />for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of
<br />progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair
<br />or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or
<br />restoration.
<br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable
<br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at
<br />the time of or prior to such an interior inspection specifying such reasonable cause.
<br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process,
<br />Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave
<br />materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with
<br />material information) in connection with the Loan. Material representations include, but are not limited to,
<br />representations concerning Borrower's occupancy of the Property as Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower
<br />fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding
<br />that might significantly affect Lender's interest in the Property and /or rights under this Security Instrument (such as
<br />a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain
<br />priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property,
<br />then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and
<br />rights under this Security Instrument, including protecting and /or assessing the value of the Property, and securing
<br />and /or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by
<br />a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees
<br />to protect its interest in the Property and /or rights under this Security Instrument, including its secured position in
<br />a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs,
<br />change locks, replace or board up doors and windows, drain water from pipes, eliminate building or other code
<br />violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this
<br />Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender
<br />incurs no liability for not taking any or all actions authorized under this Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by this
<br />Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be
<br />payable, with such interest, upon notice from Lender to Borrower requesting payment.
<br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If
<br />Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the
<br />merger in writing.
<br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower
<br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage
<br />Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such
<br />insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage
<br />Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage
<br />Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance
<br />previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage
<br />Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated
<br />NEBRASKA -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 3/99
<br />Document Systems, Inc. (800) 649 -1362 Page 6 of 11
<br />NE30286. DOT
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