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201008�48
<br />asioi7a9a
<br />for at least one year after the date of occupancy, unless �.ender otherwise agrees in writing, which consent shall not be
<br />unreasanably withheld, or unless extenuating circumstances exist which are beyond Borrower's control.
<br />7. PreservaHon, Maintenance and Protection of the Property; lnspections. Borrawer shall nat destroy, damage or
<br />impair the Properiy, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is residing in
<br />the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value
<br />due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible,
<br />Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation
<br />proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be responsible for repairing or
<br />restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs
<br />and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance ar
<br />condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for
<br />the completion of such repair or restoration.
<br />Lender or its agent may make reasonable entries upon and inspections of the Froperty. If it has reasonable cause,
<br />Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior
<br />to such an interior inspection specifying such reasonable cause.
<br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or
<br />any persons or entities acting at the direction of Borrower or with Borrower's knowledge or cansent gave materially false,
<br />rnisleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in
<br />connection with the Loan. Material representations include, but are not limited to, representations concerning Borxower's
<br />occupancy af the Property as Borrower's principal residence.
<br />9. Protection of Lender's Interest in the Property and R3ghts Clnder this Security Instru►nent. If (a) Borrower
<br />fails to perform the covenants and agreements contained in this Security instrument, (b) there is a legal proceeding that might
<br />significantly affect Lender's interest in the Property and/or rights undcr this Security Instrument (such as a proceeding in
<br />bankruptcy, probate, for condemnation or forfeiture, for enForcement of a lien which may attain priority over this 5ecurity
<br />Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for
<br />whatever is reasonable or appropriate to protect Lender's interest in the Arpperty and rights under this Security Instrument,
<br />including protecting and/or assessing Che value of the Property, and securing and/or repairing the Froperiy. Lender's actions can
<br />include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Tnstrument; (b)
<br />appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Fraperty and/or rights under this
<br />Security InstrumenC, including its secured position in a bankruptcy proceeding, Securing the Froperty includes, but is not
<br />limited to, entering the Property to make repairs, change locks, replace or board up doors and windaws, drain water from pipes,
<br />eliminate building or other code violations or dangerous conditions, and have utilities turned on or of£ Although Lender may
<br />take action under this Section 9, Lender does not have to do so and is not under any duty or obligation ta do so. It is agreed that
<br />Lender incurs no liability for not taking any or all actions authorized under this Section 9.
<br />Any amounts disbursed by Lender under this Section 9 shall become additional deht of Borrower secured by this
<br />Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with
<br />such interest, upon notice frocn Lender to Borrower requesting payment.
<br />if this Security Tnstrument is on a leasehold, Borrower shall comply with all the provisions of the lease. Borrower
<br />shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower shall
<br />not, without the express written consent of Lender, alter or amend the ground lease. If Barrawer acquires fee title to the
<br />Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing.
<br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Barrower shall
<br />pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage
<br />required by I.ender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was
<br />required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the
<br />premiums required to obtain coverage substantially equivalent to the Martgage Insurance previously in effect, at a cost
<br />substantially equivalent to the cost to $orrower of the Mortgage Insurance previously in effect, from an alternate mortgage
<br />insurer selected by Lender. If substantially equivalent Martgage Insurance coverage is not availablc, Borrower shall continue to
<br />pay to Lender the amount of the separately designated payments that were due when the insutance coverage ecased to be in
<br />cffect. Lendcr will accept, usa and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such
<br />loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be
<br />NEBRA3KA--Single Family--Fann[e Mae/Freddie Mac UNIFQRM INSTRUMENT
<br />�tr 338.2 Pagc 6 of 12 Form 3028 1/Ol
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