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<br />Lender (or failed to provide Lender with material information) in connection with the Loan.
<br />Material representations include, but are not limited to, representations concerning Borrower's
<br />occupancy of the Property as Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Property and Rights Under this Security
<br />Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this
<br />Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest
<br />in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy,
<br />probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over
<br />this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the
<br />Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's
<br />interest in the Property and rights under this Security Instrument, including protecting and/or
<br />assessing the value of the Property, and securing and/or repairing the Property. Lender's actions
<br />can include, but are not limited to: (a) paying any sums secured by a lien which has priority over
<br />this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect
<br />its interest in the Property and/or rights under this Security Instrument, including its secured
<br />position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering
<br />the Property to make repairs, change locks, replace or board up doors and windows, drain water
<br />from pipes, eliminate building or other code violations or dangerous conditions, and have utilities
<br />turned on or off. Although Lender may take action under this Section 9, Lender does not have to do
<br />so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for
<br />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
<br />secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date
<br />of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower
<br />requesting payment.
<br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of
<br />the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not
<br />merge unless Lender agrees to the merger in writing.
<br />10. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby
<br />assigned to and shall be paid to Lender.
<br />If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair
<br />of the Property, if the restoration or repair is economically feasible and Lender's security is not
<br />lessened. During such repair and restoration period, Lender shall have the right to hold such
<br />Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the
<br />work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken
<br />promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of
<br />progress payments as the work is completed. Unless an agreement is made in writing or Applicable
<br />Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to
<br />pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair
<br />is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds
<br />shall be applied to the sums secured by this Security Instrument, whether or not then due, with the
<br />excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order
<br />provided for in Section 2.
<br />In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous
<br />Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due,
<br />with the excess, if any, paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in value of the Property in which the fair
<br />market value of the Property immediately before the partial taking, destruction, or loss in value is
<br />equal to or greater than the amount of the sums secured by this Security Instrument immediately
<br />NEBRASKA - Single Family - FHA Security Instrument - MERS
<br />FORM 3028 9/14 Initials: E,5 TN
<br />Laser Forms Inc. #FHA3028MERS 6/15 Page 8 of 14
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