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<br />8. Borrower's Loan Application. Borrower will be in Default if, during the Loan application process,
<br />Borrower or any persons or entities acting at Borrower's direction 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, including, but not limited to, overstating Borrower's income or
<br />assets, understating or failing to provide documentation of Borrower's debt obligations and liabilities, and
<br />misrepresenting Borrower's occupancy or intended 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.
<br />(a) Protection of Lender's Interest. If: (i) Borrower fails to perform the covenants and agreements contained in
<br />this Security Instrument; (ii) there is a legal proceeding or government order that might significantly affect Lender's
<br />interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for
<br />condemnation or forfeiture, for enforcement of a lien that has priority or may attain priority over this Security
<br />Instrument, or to enforce laws or regulations); or (iii) Lender reasonably believes that Borrower has abandoned the
<br />Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the
<br />Property and/or rights under this Security Instrument, including protecting and/or assessing the value of the Property,
<br />and securing and/or repairing the Property. Lender's actions may include, but are not limited to: (I) paying any sums
<br />secured by a lien that has priority or may attain priority over this Security Instrument; (II) appearing in court; and (III)
<br />paying: (A) reasonable attorneys' fees and costs; (B) property inspection and valuation fees; and (C) other fees
<br />incurred for the purpose of protecting Lender's interest in the Property and/or rights under this Security Instrument,
<br />including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to,
<br />exterior and interior inspections of the Property, entering the Property to make repairs, changing locks, replacing or
<br />boarding up doors and windows, draining water from pipes, eliminating building or other code violations or dangerous
<br />conditions, and having utilities turned on or off. Although Lender may take action under this Section 9, Lender is not
<br />required to do so and is not under any duty or obligation to do so. Lender will not be liable for not taking any or all
<br />actions authorized under this Section 9.
<br />(b) Avoiding Foreclosure; Mitigating Losses. If Borrower is in Default, Lender may work with Borrower to
<br />avoid foreclosure and/or mitigate Lender's potential losses, but is not obligated to do so unless required by Applicable
<br />Law. Lender may take reasonable actions to evaluate Borrower for available alternatives to foreclosure, including, but
<br />not limited to, obtaining credit reports, title reports, title insurance, property valuations, subordination agreements, and
<br />third -party approvals. Borrower authorizes and consents to these actions. Any costs associated with such loss
<br />mitigation activities may be paid by Lender and recovered from Borrower as described below in Section 9(c), unless
<br />prohibited by Applicable Law.
<br />(c) Additional Amounts Secured. Any amounts disbursed by Lender under this Section 9 will become
<br />additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate
<br />from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting
<br />payment.
<br />(d) Leasehold Terms. If this Security Instrument is on a leasehold, Borrower will comply with all the provisions
<br />of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee title will not merge unless Lender
<br />agrees to the merger in writing.
<br />10. Assignment of Rents.
<br />(a) Assignment of Rents. If the Property is leased to, used by, or occupied by a third party ("Tenant"), Borrower
<br />is unconditionally assigning and transferring to Lender any Rents, regardless of to whom the Rents are payable.
<br />Borrower authorizes Lender to collect the Rents, and agrees that each Tenant will pay the Rents to Lender. However,
<br />Borrower will receive the Rents until (i) Lender has given Borrower notice of Default pursuant to Section 26, and (ii)
<br />Lender has given notice to the Tenant that the Rents are to be paid to Lender. This Section 10 constitutes an absolute
<br />assignment and not an assignment for additional security only.
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (MERS) Form 3028 07/2021
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