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<br />�� which shal) nut Uc unreasc+nably witnf:eld. if Bonower fails to maintain covetxge drscribecf abovc, Lettder may, at t.endax's
<br /> aption,obtain covesage to protect Lendcr'3 rights in the Froperey in a�cordunce with paragrnph 7.
<br /> Ali ir�.wrance policies nnd rrnevrats shall be acceptable to Lendar and shalt include a stnndnrd mortgsge clausc. Lmder snail
<br /> have 'he right to hold !he golices aud renewals. If Lender requires, ktorrower sha13 prompdy give to Lenu�e�t sl! rxeipu oC
<br /> paici prem;!ims und renewal notices. In the event oi'loss, Borrower sha11 give prompt notice to th� insurance carrier and
<br /> Lender. Lender:?iay ma}�e proof of loss af not made pr�mptly by�orrower.
<br /> k:niess Le.tder aad Bu�rower oiherwise ag,ree in R'riting, insuranct �raceeds shai! be applied �n txstora;ion or repair of the
<br /> Property dsamaged,if the ccsLoration or rc;.air is e�onomicaily feasiate and Leader's security is not lessened. if th�restorution
<br /> or repair is not econocnica[iy !'eas�ble or s_ender's �ecur.ty wouEd be lessened, the insurattce proceeds shall be applied to the
<br /> sums sezured by d�is Securi�.� ���-;_•e�rrieRt,wheth� or not Clien due,�ieh any ezcess paid ta Snrrvwer. IC Soreower abandons
<br /> the Property,or dops not acts�ver�.s,un �^ �!��� a notice fr�m Lender thrst the instvance carr�er has ofTered to setile a cinitr,,,
<br /> then Lender may tollect the i:��::re:tce psoceede. Lendes may use tiie Qroceeds to repnir oc restore the Fr�party or to psy - _
<br /> sum�sec�red by this Security ir►strurr:en4 Rhethvr or not then dua The 30-day�r�rio�wil3�n whm t}re noticc ia given.
<br /> Unless 9.ender nno �3orr�wer c�thrrwise agee?�i wriUrig, any�g��l:catine oF Froceeds t� principal s�hall not extend or postpo,�e
<br /> lhe due date �f :he monthly �.�ayments referre:'. 'o fn paragraphs 1 ared 2 or change the smo�nt of the Faymrnts. If under
<br /> paragraph 2I the Propert,y is acquircd by Ler��-°�. }3onowar's right to any insurance pniicies and Froceeds resuldng f'rom
<br /> danrage-to chc Pro�erty priar to the BCS�UI9IUOR sball past to Lender to tF►e eztent of the su�es secured by lhls Security
<br /> instrument imrnrciiateiy prior lo the acqvisit�on.
<br /> 6. Occupaac!�, �reserva2sots, Nlaintenance and �'rog�.?ct�on of the Frc►perty; Sorro�ver's Loan Appii�tior�:
<br /> Lease6to9d.�. F3orrower shall uccupy, �Iabiish, a:ad use the Property as Borcowcr's principal residence vrithin siAty days nRer
<br /> the executiote of Cnis Security I�s+rumenl a�3d shall continue to occ�py the �co�erty �4 Be�rower's princip�! residence for ai
<br /> leasl one year aRer the date c�f occupanc,c, unlrss Len�er otharwise agrees in wriling.which c�nsent shnil not be uraeasanflbly
<br /> wilhhcld,ar ualess extentaUng circamstances exist which are be,yond Borrower's eenvoS. BorroH�er shnl! not destroy,dan�aga
<br /> cr irttpair the Pmperty, ailow the Pro�cr�to de[erior�le,or commit wa�te o-the Property. �3crrower shafl be in default.i!'an}
<br /> ferfeiture action or proceeding, whrt!ter civil or criniinaf, Ps began ehat 9n Lender's good faith judgatent could result in
<br /> forfeiture o(the Pro�erty or otherwise mnteriAlly impair the lir,i creatc-c1 by lhis Ser:urity lnrirument or Lender's security
<br /> interest. L�orroever may cure such t�defattlt an� c�nstAte,as pruvided in par�graph I8,by causin�the acticn or pro�eedin�to
<br /> be dismissed wiG� a ruling L*sat, in i.e:�der's good faith determina!ien, preciuc�es farfeiture oC the 8orrow.r's inte�est in the
<br /> Property or nther m�ter�al impaircnent of the lien crta[ed hy this Se�uryt5 Instrument or Lender's security interesi. Pjcrrower
<br /> shall also he in defaul[ iC Son•nwer, �uring the io�*: �ppticaEion �roce�s, gave mAteri�slly fafsa ur inaccurate inforrnation or
<br /> slatements lo Lender (or failed to provide !_ender witt�any malerial informauon)in connecGon wiih the loan evidenced F+y lhe
<br /> Note,9ncludir.g,but noi limited to,representti6ons concerning Bo;ro�ver's occunancy of the Property 3s a �rincipal resEdence.
<br /> tf Ehis 5ccuriey 3nstrument is cn a ;zasehoi3, Borrower shaO comply with ali the provisions ef the lea�e. If Borro�er acquires
<br /> fee titic Lo ihe Prcperty,the leasehold and die fee utle shall�at marge un(ess Lencler sgrees to the marger in wrii:ng.
<br /> 7. ��rotection �f Lender's �tig�ts in the Prcy�►erty. If Borrower fails tc� p�rform che covenan!s a^d agreemrn�s contained i��
<br /> this Security lrstrument. or iher� is a►egal procecding thut mz�y significantly �STee;t Lender's rights in the FroF�rty (such as a
<br /> proceeding in bankruplcy,probale,tor condemnaGan or 1'or:'eitt�re o�to enforce law�s or regalalions),then l.ender may do t�nd
<br /> pay for whatever is nece,s�Try io proteci ihe value oF the ProparLy and !ender's rights in ihe Property. Lendtr's acdnns -nay
<br /> include payirzg anj suuzs secared by a lien which has priority over this Security Instrumen:, a�pearing in court, pny:ng
<br /> r°asonable attorney^' fees And entering on the Property to rtaka repairs. Althougk► Lendcr may teke e�tian under tliis
<br /> paragraph 7, Lend�r daes not have to do so.
<br /> Any a;nounts disbursed by Lender under this paragraph 7 shall l�ecome additionai debt of Bone�ver secured by this Secari:y
<br /> Insirumen!. L'nless �ior�ower artd l.ender agree ta other tr.rms of pa,�ment, lhese amour.Ls shall bear ir.tcrest frem Uie date of
<br /> disbursemeait at the Note rate and shall be p.yable,with interesl,upan notice frchn Lender to 3orrower requesdng paymeni.
<br /> $, n'Iw�tgage I?tstlr•utee. if Lender required r.�ortgage ins�rance as a condiiion af making the loan aecured b}- Uais Security
<br /> Instrument, Borrower shail pay the preaniums required to mnintaiii the mortga�e insurance iii rfiect. If, for any reaao�i, the
<br /> morlgag�;nsurance coverage required by Lender]apses or ceas� to be in eftect, florro�ver shall;�ay the pr�cniunts required to
<br /> obis�in coverage subst�ntiaUy equi�aten![o the mortgage insurance previously in sfTec!,at a cose substaneia{ly xquivalent to the
<br /> cost to Borrewcr of the mortgage insurance previously ir. e(fect, from an ekernate mortgage insurec npproved by [.ender. IC
<br /> substc�ndaliy equivalent mortgage insurance eoverage is nol availabie, Korrower shatl pay to l,ender each monlh a sum ec�ual
<br /> to o:�e-tcvelfth of lhe yearly mortgage insurarice prsmium be�ng paid by i3orrower wherz the ir►surARCe cuver�ge f�psed or
<br /> ceased tu be in e(Fect. (.ender wi[I accept, use and r�tain these payrt:ents �s a loss resen-e in lieu of morigaga insurance. i.oss
<br /> rese:ve payments may n� longer be required, nt the optlon of l.ender,if mortgage insuraRCe coverage (n the anzovnt nnd f�r
<br /> the perivd that Lender reyuire�s) provided by an insurer ?pproved by Lender again br_comes availablc and is obtained.
<br /> Borrower sha{I pay the prem�oms required to maints�in mortgage inaurance in effoct, or to pravide a loss reaerve, entil the
<br /> reyuirement tor morlgage insurance ends in aecacdaace with any �vritten agrmneni bet�veen Borroa-er and Lender or
<br /> npplicabl�Iaw.
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<br /> 3inglB FamBy—FNMNFNLMC UNIFOROb1 IN37RUMENT FORRN�028 09/90(page 3 af B Da9�s)
<br /> NE8RA9KA [Casel Ra�.o�-roer;��.
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