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<br /> �' � 92_ 1U0571
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<br /> , , ,� i. Occup�a�y Pn�err+Woa� Mdateasace ura Protectiop oi the Properly:'�rower's Laan Appikatioui -.�
<br /> �. gorrower�11 occupy,establisA, and use tFte PrapertY�s Borrower's�rincipal rcsidence within sixty d�ys _
<br /> • � aftet tho osecution ot�hi:Sccurity Insqvment u�d�hall a►ndnue to occupy the Property as Borrower'�principal residenx �,��ix:..�,--
<br /> ; �. •, tor u tau oaa yeu�Rar the due ot occup�ncy�uNeu i.ender alherwfse agras in wriung�which consent ahall�ot be _--- _-
<br /> �' � " ° uare�o�ubly withluld,or uniess extenwdn�circwnstsnces exi:t which are beyond&►rcower's contrai.Bormwer shaU nat rar .�^
<br /> .. de=wy,danu�e or imprir the Ptoperty.rlluw�f�e Property to detertomte.or comrnit waste on the Property. Bonnwer shdl �-_-.z-,.-�—__.__--.
<br /> be in defiult it any forfeiturc actfon or proceedln8,whethe�cfvi!or criminol,ia begun that ln Lender's good faith judgment __
<br /> � � could rault in fodeituro of the Property ar athenvise mAte�iaU9 iroPsir the Ika crcated by lhis Security lastrurt�ent or Lender's � __ -
<br />� � „ sxudty inte►at. Botrower may cure such a defaWt and rclnstate.as provlded in patagraph 18, by causing the action or
<br /> � procoodi�g to be di$missed with o ruUng that.in Lender's good fiith determination,precludes farfeimre of the Borrower's �'"��.—
<br /> � interest ia the Prepetty or other mAte�ial impalrment of tha lien crcated by this Security(natrument or Lander's security �;:�-
<br /> intercst.Borrower ahwU�Iso be in dafiWt if Borrower.during the loan application pracess.gave rtwted�ily f�lsa or inoccurate ° ,i , �p��
<br /> infomwdon or statemeota to Lender(or failed w rovide Lender with an mxte�l informatlon)in connootion with�he loon
<br /> evidet�ed b �he Note. includin�.but not limi t e d to. reprcsentndons conarnin g BaROwer's occupancy of the Property as �„^....,�y;i�..-�---...°�. �
<br /> , a prfncipal resideax.if this Secudty I�strnn�em is on a leasehold,Borrower shall compty with�II the provisions of the lease. �ry����,— _�
<br /> � If Borrower acquires fa dUe to the Propeny,the leacelwld and Itie fea tidc sholl not mer�e unless L.ender a��ees co the ��5-�.�.�--�-
<br /> �. . mer�or in wdt�ng. 1��-
<br /> . . . 7. Pratlxtfaa ot Leader's Rl�hhta In t6e Pr�opert3'. lf Borrower faUs to perform the covenants and agaements �.-.,--� ,��=�
<br /> E:-�AGL.���__-�
<br /> cantAined in thic Secu�iry lesnument.or there isa legal praceeding that may signiRcandy affect Lender's�ights in the PropertY ��::;_`Y��-r�
<br /> � �� (auch as a praceeding in banicruptcy,probau.for coademnadon or forfelture or to enforce laws or reguladons),then L.ender •�«�-M-_- —� .
<br /> � � may da and pay for whatever is necwsary to protect the value of the Property and 1-ender's rights in the Property.I.ender's . _ . ��-.
<br /> � � � actinns may lnclude paying any:ums aecured by a ilen whtch hw priority over thi�Security Inauument,appea�ng in court. __-
<br /> � .' paying rwsonable attorneys' fees and entering on�he Property to make rcpairs. Al�hou�h l.ender moy wke action under •�m•�
<br /> . ihit ParaBrAph 7�L.endor does not Iwve w do so. � ' : _
<br /> � � Any amounts disbursed by Lender under this paragraph 7 ahall become additionei debt of Borrower secured by this ' .
<br /> 3avrity Inatrument.Unless Horrower and Lender agree to other terma of peyment,lhese amounts shall bear interest from .r�s.:,,;;�,::.�""""��
<br /> . ' r� , ihe date of disburcement nt the Nae ntc and sM�ll be pay�blc.with interest.upoa natice from I.ender to Borrower requestin� .�'.^_ •�i;-
<br /> pBYlriCet. - `1`. :r".
<br /> 8. MorlQa�e iocurana. lf L.ender required mortgege insurance as a condidon of making the loan secured by lhis .
<br /> ' ° " Security Incwment,Borrower shAll pay the premiums reyuired to maintain the mortgage insurance in effect. If,for any •'^���r�.�<""
<br /> � resuon.the mortgd�e iasurAnce covewge rcyuired by Leader I�pses or ceases tu be in effect,Borrower shall pay 1he promiwns •a:�,���;;:,-,
<br /> _ _'c�==__
<br /> :- rr,quired co obqrin coverKgo uu8�x{�11y equlvateat to thc marsgage insorance grev!oesly in effect, at a cost aubstantially ��r��.._�
<br /> • equlvalent to the cost to Borrower of the mongoge insura�ue proviously in effect,from en dternate mortgAge insurer approved ^'�'•"�'��
<br /> by 4ender.If substant�ally equivalent mortgage insurana coverage is not available,Borrower shell pay to Lender each month .
<br /> ' a aum equal to oae-twelRh of the yeuly mortg�ge insurance pnmium being paid by 6orrower when the insurance coverage �
<br /> • lapsed or ceased to be in effect I.ender will acapt, use and retain these paymenta es a loss reserve in lieu af mongage :
<br /> insurance. Loss reserve payments moy no longer be nquired.at the option of Lender, if mortgage insurance coverage(in ----_-
<br /> the amcwnt and for the period thut I.ender requires) provided by an insurer appraved by Lender again becomes available � • � �
<br /> and is obtained. Borrower shull pay the premiums required to maintain mortgage insurauce in effect, or to provfde a loss •�" "
<br /> . reserve,until the requiremant for mortgagc iosurance ends in accordance with any written agreement between Borrower
<br /> • and L.ender ar applicable law. :,:�';+���
<br /> ' ; �,;. 9, Inspection. l..cnder or its agent may make reasonable entries upon and inspections af the Property.L.ender xhall ,,� . .-
<br /> '� ' ' give Borrower notice at the time of ur prior�o an inspection specifying reasonable cause for the inspection. � , "�;`'•
<br /> !0. CondemnAUon. The proceeds of any award or claim for damages,direct or consequential,in connection with '
<br />� any condemnation or other taking of any pan oP the Property,or for conveyance in lieu of condemnatinn,are hereby assigned :, y,�_ -
<br /> and siwll be paid to Lendcr. =F:+i;:+��.-
<br /> , �.� ., ]n the event of a total wking of the i'mperty.the praceeds xhall be�pplied t��the sums,ecured by this Sccuriry Instrument, .=_,;,�
<br /> whethe�or not then due, with any excess paid ta Bnrrower. In the event of u panial tuking of the Property in which the � :��,-�--
<br /> � " fair market valuc of the Pro n immediutcl before Ihe tekin is e ual to or reatcr than thc amoum of the sums secured ` ;��-u- -
<br /> Pe Y Y B q � t . �.;�-fa�
<br /> � by this Security Instrument immedialcly befure the taking, unless Borrower and Lender othcrwisc:�grec in writing,Ihe�ums �, . ., �;.�� a„�
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<br /> secured by this Security Instrument shull be reduced by the amount of the pr.xeeds mul�iplied by the following fraction: � • „�,�„�,,,.,s�
<br /> (a)the total amount of the sums secured immediately before the taking.divided by(bl thc fair market value of the Propeny �;;,��;,,, ,
<br /> immediately before the taking.Any balance shall be paid to Borrower. In the evenl uf u panial taking of the Property in 4� , .��•:, ,�
<br /> which Ihe fair mArket value of the Property imrnediately before the taking is less than the anwunt of the sums secured im- .
<br /> mediately before the taking,unless Borrower and l.ender othenvise agrec in writing or unlc+s applicable law otherwise pro- ;
<br /> vides,the praceeds shall be applied tu the sums secured by this Security In�trument w•hether or na the sums are then due.
<br /> If the Properry is abandoned by Borrow�r.or if, after notice by Lcndcr to Burrower that the condemnor offers tu
<br /> � ' make an award or settle u claim for damages,Borcower fails to re.ponJ a�L.end�r��•ithin 30 day�after thc date the notice
<br /> is given, L.ender is authorized w collect and apply the proceeds,at its uptiim,cither to resturation or repair uf the Property
<br /> or to the sums secured by this 5ecurity lnstrurnent, whether or not then Juc.
<br /> Unless Lender and Borrower othervvise agree in writing. •rny applicatiim uf pr�xcrJs to principa! shull nut extend .
<br /> ; or postpo�e�he due date of the momhly p•rymcnt��r�terred to in paragraphs 1 and 2 ur rhangc��.•amuunt��f+uch payments.
<br /> I1. Bon•ower Not Releused; ForbenrAnce By Lender hot a N'aiver. Extrnsiun ui the time for payment or
<br /> ` ' modification nf nmortization of thr sums�erur�d by this S�KUri1y Intitrumcnt grantcJ by Lendcr a�any wrcr.u�r in intercst
<br /> � of Borrower shall not opera�e ro release the liability uf th�originul Borcawer ar Borrower'�.urcc..ors in interrst. Lende�
<br /> shall not be required to rommen�e pnxeedings aguinht any sucrc�wr in intcrest ar rcfwr to extend t�me i��r pa}•nunt or
<br /> ' • otherwise modify umortization of the�um��cu red by lhia Security lnstrumcnt hy rc:uan ui any den�and mudr b}•the orisinul
<br /> Borcawer or Borrower'a successors in interest. Any furbear�nce by Lender m�trrri+ing�ny right ur remedg �h•rll nut be
<br /> ..r..�...,e..�...1� �60 .+.er..i.o ..�':,nv riuh�i►r rcmcdv .
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<br /> 12. Successors and As.ci�ns Bound;Jdlnt and Several I.i�billty;Co-ri�nerti. The awcnant,•rnd•rgrecmcnia of
<br /> this Security Instrument shall bind anJ brncti�the+urcc+san and•r.�igm of'Lendrr and Barrowrr,�uhjcct w the pruvi�ium
<br /> of paragraph l7.Burruwer's covenanta•rnJ agrecment+tihall be�aml anJ�rvcral. An� H��rruw�cr whu co•,ignx thi�Scrunry
<br /> Instrument but Jces not execute the Nute: �;�)i+co•signin�th�+Scruriry In�trument unly ta mung•rgr.gr�nt und c�mvcy that
<br /> Borrower's interest in the Property unJrr the termti ��f th�s Scruriq• Ins�rument: Ih)i+ not persanully ol+lig�wd tu pay thc
<br /> sums secured by this 5ecuriry Instrument;anJ(r)•rgreex th•rt 4endcr�ixl any uthcr Borruwcr m;�y aErec tu cxtcnd,m�xlify.
<br /> furbear or make any acrnmmoduti��ns wnh regard tu the terms of thi,Srcurity ln+�rument ur thr Nute w•ithuut that Borrower'x
<br /> �onsent. ~�r�j'�,
<br /> uwc�....4m ;,�;!��•� NEBRASKA Fonn ao2� 9�ao �r�r�•r�,� ��,,x•.,�
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