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201002073 451001663 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection. with damage to, or the taking of the Property, Borrower shall be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a sorios of progress payments as the work is completed, If the insurance or condemnation procoods are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration, Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan, Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's intorost in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lion which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interost in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy procoeding. Securing tho Proporty includes, but is not limited to, entering the Property to make repairs, change locks, roplace or board up doors and windows, drain water from pipes, eliminate building or othor code violations or dangerous conditions, and have utilities hirned on or off. Although Lender may take action undor this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Londer incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrowor socured by this Socurity lnstniment. These amounts shall bear interest at the Note rate from the date of disbursement and shall bo payable, with such intorest, upon notice from Lender to Harrower requesting pa}nnent. If this Security Instrurnent is on a leasehold, Borrower shall comply with all the provisions of the lease. Borrowor shall not surronder the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower shall not, without the oxpress written consent of Lender, alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasohold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Laan, Borrower shall pay tho premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was roquired to make separately designated payments toward the premiums far Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially oquivalent to the Mortgage Insurance previously in effect, at a cost substantially oquivalent to the cost to Borrower of the Mortgago Insurance previously in effect, from an alternate mortgage insurer selectod by Lender, if substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of tho separately designated payments that were duo when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as anon-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve paymonts if Mortgago Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT 338.2 Page 6 of 12 ,~1~Q ~~'Q Form 302R 1/Ot