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<br /> � ' 91- 1o58s.�
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<br /> �: 6. Uccup�ncy. Prtservdlop. MNnt�a�nc� and Pratsctbn of the fh�oqRyi I�orrower'� i.o�n AppiM�tbpi - --
<br /> I,t�ehold�. Borrawe��hall accupy,eslobli�,and u��he Prc�perty as Horrower'r princi�reridem:e withi��rixty�ya -----
<br /> �`"'' ` ` afler�he exrcu�fan oi�hir Security Inctrument and etwll candnue to occupy�Property w rrower's principal re�idence
<br /> . .. �, far at leut one ye�r�Rer�he date of occupmcy. unleas Lender ahervvi�e��tar in wd�ln�. which coruent�hdl nnt be
<br /> '` �`��'� unrensonably withheld,or unlees eatenu�ting circumRtanceR exist which arc beyond Borrower'r conuol.Bonower shell not
<br /> ---- -�--�- - � - __ -_ .
<br /> `��,,,���� , de�troy.dwnu��e or lmp�ir Ihe Property.�Ilow the Praperty ta deteriorate,or commit w�sto on�he P�operty.Harrower ehdl
<br /> ��f,- ' be in default if ony forfeitu�e action or prace.edinQ,whether civll or criminal.ir begun ttwt fn Lender':goad f�ith jud�nxnt
<br />— -��"`����� ° could rowlt in forfeiture of the Propetty or otherwlao matedally impair the Ilen cteated by thi�Security Instrument or Lender's
<br /> _ - ^' �'` '����' security interest. Borrower may cure euch a deiault end reinstate,ws pmvfded in parag�aph IB. by cousing the acdon or
<br /> ��w "'`;S?�A.. . proceediny to bc dirmi�ced with a ruling�hat.io Lender':Qood faith determination,precludee fort'eiturc of the Barrower's
<br /> ° � " intercst in the Property or aher rt►aterial imp�irment of tho Uen created by this Security Inctrument or Lender's aecurlty —
<br />- ���`o��°=� interest.B�rcowsr shall alco be in dofault if Borrower,dudn�the la�n applicadon proccas.grve materi�lly false or inaccurate =-�--- --- -
<br /> c . "�.=���:r infomwtion or statements to Lender(or falled to provide l.ender with any materi�l informa�ion)in connection with the lan
<br /> ,�,: ' ,:_, 1. evfdenced by the Note,fncluding,but not limited to, representatlon�wncerning BoRawer's accupancy of the Propetty a� _
<br /> ;,.. ', . -� a principol rasidenca If this Secu�lty Instrument is on a leasehold,Borrower shall comply with�ll the provl�ions of the least.
<br /> :. If Borcower�cquires fee tide ro the Property,the leacehold and the fa tide�hall not mer�e unlers Lender a�rces to the _.
<br />. . " ,�'-.'.� ` ' mer�er in writing. __
<br /> ;r�a:. .�:��',°� '•". .
<br />���� . 7. Protection ot Lender�Itl�hu in tlr Property. If Borrowcr fiils to perform the covenants and ag�eements
<br /> ��.�...��:-- - eontained in this Securi Inurument,or there f�a le roceedln thet me si iticonUy affect I.ender's�l hts in the
<br />�!' : ' ...,_ .. �Y 8�P B Y � B ���3' �- --_ ._
<br /> ;; (wch as a proceeding in bankruptcy,probate.for condemnation or forfeiture or to enforce laws or regulations).then l.ender
<br />•��' .. ��� mpy do and pay for whatever is necessary to protect the value of the Property And L.ender's rlghts in the Properiy.�.endoPs ��
<br /> .:���, octions ma include in an sums secured b a lien which has riorit over this Securi Instrument,a arin in court, ----
<br /> Y PaY B Y Y P Y ry PP� B ��.
<br />,i� , „��y, ' , paying reasonable attorncys' fas end entering on�he Property to nwlcc repairs. Althou�h Lender mwy take action under _�
<br /> � • this paragraph 7, I.ender does nat hpve to do so. _
<br /> 4 p : •� „ . • , Any amounts disbursed by Lender under this parAgraph 7 shell become additional debt of Borrower secured by this --
<br /> Security Instniment. Unless Borrower and Lender agru to other terms of payment,these amounts shall bear intercat from _..
<br /> r • . • ,. the dwte of disbursement at the Nae rate and stwll be payable,with intercst,upon notice from Lender to Borrower requestinQ -
<br /> • � payment. •
<br /> ; � .. ' B. Mor1Q�e In�urance. If Lender requfral mortgAge inaurance as a condition of making the loan secured by this - __�__
<br /> � � " Security lnstrument. Borrower shall pay the premiums required ro maintein the morlgage insurance in effect. If, far any ��`
<br /> _ � �ar.�n,the m�►rtgage inAUrance caverage r�equired by L.ender I�nae�ar ceases to be in effect.8orrower�hall pay the premiums ���'�'°t'�'~'_
<br /> � � , � ' " required to oMain coverage substantially equivalent to the mortgoge insurance prcviously in effect, et a cost subst�ntially --_____
<br /> =� ° ' oquivalent to the cost to Borrower of the mortgage insurance prcviously in effect.from an alternate mortgoge insurcr approved �—�-—
<br /> '� ' .. . by I.cnder.If substantielly equivelent mortgage insurance coverage is not uvailable,Borrower ahell pay to Lender each month _�—,_
<br /> ; • a sum equol to one-twelRh af the yearly mongegc inaurence premium being paid by Borrower when the i�surancc coverage
<br /> , � lopsed or ceased to be ia effect. Lender will accept, use and retain these payments as a loss reserve in Ileu of mortgage - "�
<br /> � insurwue. Loss reservc paymants may no longer bc rcquircd,at the aption of Lender, if mortgage inaurance coverage(in '���~`
<br /> , � �he umount and for the periad that L.ender requireFl provided by an insurer upprovcd by Lendcr again becomes uvailuble �'.^�----_—
<br /> . . ` ond iF ubtained. Bnrrowe�shull puy the premiums required w maintain mongage insuruiKe in effect,or w priwWc u loss �'`�--�
<br /> . . reserve. until Ihe requirement tor mungage insurance ends in uccardsnce with any written agreement between Borrower � �, � `.'
<br /> . ° ' und Lende�or upplicuble law. —
<br /> . ' � 9. Inspection. I.cndcr or ils agent may makc rea+onable entrie+upon and in�spectinns of the Propeny.l.ender shell .-` ';; �
<br /> . . � give Borrower nrnice�t the time of or prior io�n inapertiun�pecifying rensuncible cau+e for the inspectinn. � � •
<br /> • � , 10. CondemnwUon. The prckeeds M'uny award nr claim for dumages,direct�r comequential,in connection with { "
<br /> �' any condemno�ion or cNher laking of any part of Ihe Property,or for conveyanre in lieu of condemnation,ere hereby nssigned � - -
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<br /> � .� • . and �hall be paid ta I.ender. �.�_-_�-
<br /> ' ' In the event oPu tawl tuking of the Properry,the proceeds shafl be applied to the aum��ecured by this Security Insstrument, �3 i-�•��,, __
<br /> � � � whether or not then due. with any excess paid a�Borr��wer. !n the evem nf a purtiul taking of the Property in which the `-•��--'"2�� �_�
<br /> � � �� fair market value of the Pro n immediatcl ticfure the takin �s e ual to ur rcuter than the amount of the sums secw•ed k�'�-T'
<br /> Pe Y Y B � 9 6 r r���,�
<br /> " by this Security Instrument immediately betiire�he�aking,unlexs&�rrower unJ l.ender atherwise agree in writing,the sums •- _--_ �--
<br /> : , . secured by this Security lnstrumem shnll be reduceJ by the amount ot'the pnxceds muhiplied by the following fraction: � �h-
<br /> � � " (a)the tota)amaunt of the xums securcd immediately beforc the taking,divided by lb)the fair market value of the Property � �•
<br /> ' immediotcly before the taking. Any balunce �hall be pnid t�►Borrower. In the cvcnt of u partial taking of the Property in � •. j:.
<br /> wbich the fair market value of the Propeny immediately before the tuking is Icss thun the amount of the sums secured im- � .� '
<br /> � ' mediately l�efore the taking,unless Borr��wcr and Lender utherwise ugrec in wri�ing or unlesx applicable law�Hherwi�e pro-
<br /> s vides,the prcxeeds shall be npplied�o the tiumc tiecured by this Securiry Instrument whether ur not the sums are then due, '
<br /> ' If the Property is abandoned By Borrowcr,or if, ufier notice by L.endcr a► Barrawer that the rnndcmnor offers to �
<br />� make an award ur settle u claim for dnmagc�,Bnrrowcr fail,tu respcmJ to l.endcr within 30 Juys after the d:�tc the noticc
<br /> � is given, l.ender is authorized to collect and apply�he prcxeeds,at its option,ciiher lo restorution or repair�if the Praperty
<br /> or to�he sums secured by this Security Intitrument, whethrr or not then duc. ,
<br /> Unlc.a L.ender und Borrower othcrwi�e agree in wriling, any upplicutinn of prexeeds to principal ,hall n�x extend ;
<br /> � ar pi�stpcme the Jue datc nf thc monthly payinentr rcfcrreJ tu in paragraph� I and:��r rhan�c thc am�wnt of.uch payments.
<br /> I 11. Bor�•ower Not Rcleased; Nnrbearance By Lender Not a N'aiver. Ertcn�iun ��f thc ume li�r payment or
<br /> nuxiilira�i�m uf amonixuti�m��f thc tium,ticrurcJ h}�this Scrurity Instrumrnt�±r:�ntcJ h�• l.endcr to un}•�ucccti+or in intcrest
<br /> � al'Borruwrr+hull nut u�xratc to rcicasc thc liability�if thc original B��rrowrr nr B��rrower'ti aucccs�on in interest. Lender
<br /> , � .hull not hr rcyuircd tu r��mmenrr pmrecdingx ngainst am• wrrexsor in intcresi ar retL+e t��extend�imr fiir paymenl nr
<br /> ' � atherwise mcxlify amortization of the tium,.ecured hy this 5ecurit�•In�trument b�•rea�an uf any demunJ maJe by the original
<br /> Bormwrr or Borci►wer'.�ucress��rs in interrst. Any fittheurancr hy LenJrr m rxrrri.ing any n�hi �x remedy xhall not be
<br /> � —' ^ a waiver of ur prccludc thc cxcrci+c ��f�my riEh1 nr rcmcdy�.
<br /> IZ. tiuccessor:c t�nd A!cci�ns Bound:J��int and Several I.inbilit�;('o-RiRners. Thc r�wcnant�.md ugrecment+��f
<br /> „ , this 5ecurity Instrumenl�hall hmd•rnd Menctit the tiurrc�+arn�nd a.�i�ns of Lcndcr oixi Bar•owrr.�uhjcrt ti�thc pri�vixi��m
<br /> �if paruRraph 17. Horrowcr'.ravcnant�ami a�trccmcnts.hall hr j��mt anJ.cvcral. Am H��rraN•rr whu c��-rigns this Scrurity
<br /> Instrument hut Joc+not exerutc thc Notc:�u)i.a�•signing thi�Scrurit�•Instrumrnl�+nly la m��rt�;�gc,grant und e��nvcy thal
<br /> Borrower'�intere+t in the Property�unJer the trrms i�f thi� 5ecuril� In�trument: Ihl i. not Exrsun�lly��bhgut�tf to pay the
<br /> �um++crurcJ hy this Serurity In��rument:and�r► •rgrer�that Lender anJ any��thrr Rurruu�rr ma�•agnc to rxtcnJ, mixlify.
<br /> fiirbc�r or makc om •rrr��mm�Kfau��n�wnh n EarJ t��thr Icrm+��f thi.Srcuru��In.trumrnt��r►hr'�„tr w�uh�rot th:u Burrnwcr'�
<br /> con�ent ��•^
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<br /> � NEBqA8KA For�u�� 9/90 fpuRv.t o/S pagesl
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