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201008944
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<br />7. Preser�at�on, Maintenance and Pwotection of thc Pruperty; lnspectlons, Borrower shal[ nat destroy, damage or
<br />impair thc Amperty, allow the Praperty tp deteriarate or commit waste on the Property. Whether or nat Barrower is residing in
<br />thc Property, I3arrower shall maintain the Property in order to prev�nt th� Proparty' from deteriarsting or decreasing in vaiue
<br />due tp its cor�dition. Uniess it is det�rmined pursuant to 5ection 5 rliat repair or r�storation is noC ecvnvmically feasible,
<br />Borrawer s�all promptly r�pair the property if damaged to avoid further QeterioraEion or damage. Tf insurancs or condemnation
<br />proceeds are paid in cannection with damage to, or thC ta[cing of, the Property, Borrower shall be responsible for repairing or
<br />restoring the Froperhy dnly if Lender has releaaed procceds for such purposes. Lender may disburse proceeds 1'or the repairs
<br />and restaratiop in a sing]e payment or in a serics of pragress payments as the work is catnpleted. If the insurancc or
<br />condemi�atiqn procceds are not sufficient to repair or restore the Property, HArrower is not relieved of Borrow�r's obligatio�� fqr
<br />the cotnpletion of such repair pr restoration.
<br />Lender or its agent may makc reasonable enh�ies upon and inspections af tlne Property, If it has rcasonable cause,
<br />Lender may inspect the interior of the irrfprovements on tha proper(y, I,cnder shal] give Borrnwer notice at the time of or privr
<br />to such an interior inspectiar► specifying such reasonable causo,
<br />$, Borrower's L,oan Appifcation, Borrower sh�tt be in default if, during tlte [,oan app(iCation process, Harrower ar
<br />any persons or entities �cting at the direotion pf Borrawer or wicly Barrower's knorvledge or consent �ave materially false,
<br />misleading, or i���oCurate infarmatian or statements ta Lender (ar f�iled to provide Lender witl� material ittformation) irt
<br />connection with the I,oan. Material representations include, but are not litnited to, represent�tions concenting �}orrawcr's
<br />occupancy of tho ProperCy as $orrower'S principal i•��idence, .
<br />9. Protection af Lender'g Interest in the Property and Rlghts Under thi� 8ecuriEy [nstrument. Tf (a) Bo,•rqwer
<br />fa'rls to p�rform the covanants.and agre�ments conr�ined in this Secuxiry lnstrument, (b) there is a lega[ procecding that might
<br />signi�cantly affecC Lender's interest in the Praperty and/nr rights under this Sccurity Instrume�tt {such as a proce�ding in
<br />iaankruptcy, probate, for candcmnativn or Forfeiture, for enforcetnettt af a lien whiGh may attain priority over this Security
<br />Instrument or to enforce laws or regx�lations), or (c) Borrower has sbandaned the Property, thei� Lender may do and pay for
<br />whatever is reasonablc or apprnpriatc to protect Lcnder's interest in tl�e Praperty and rights under this Security Instrumant,
<br />including prntecting and/or assessing the value aF the Frdperty, and securing and/or repairing the Property. Lendcr's actions can
<br />i��clude, huf aa�e not liinitetf ta: (a) paying any sums s�cured hy a lien which has priority aver this Sacurity Instru�t�ent; (U}
<br />a�pearing in court; and (c) paying reasonable attorneys' fees to protect its interest in thg Property and/or rights ueder this
<br />SeCUrity Instrument, inCluding its secured positiop in a bankrupCCy prpcceding. Securi�g thc Praperty includes, but is not
<br />limited to, entering the Praperty to make repairs, change lacks, rsplace or board up doors and windows, drain water 8•ain pipes,
<br />elim�nate buildii�g or other code �iolations or dangerous conditions, and have utilities turned pn ar off. Although Le►�der may
<br />take actian under this Section 9, Lender claes not havc to do so and is i�ot under any dury or obligation to do sa. It is agreed that
<br />Lender inours no fiability for n,nt taking any ar all actions suthorized undcr this Sectinn 9.
<br />A��y amou��ts disbursed by L,endcr under this Section 9 shall become additiana) debt of Borrower secured by this
<br />Security Instrument. 'I'hese amounts shall bear intvrest at the Notc rate from thc date of disbursement and shall be payable, with
<br />such interest, upon notice from Lender ta Borrvwer raquest�ng payment.
<br />If this SCCUrity Instrument is on a feaschold, Borrower sha11 comply with all the provisions vf the lease, Borrower
<br />sh�ll not surrender the l�asehold estatc and interesrs herein canveyed or terminate ar cancel the ground lease. Borrower shall
<br />nat, without the express written cvnsent of Lcnder, alter or amend the ground leaae. If Barrowar acyuires fec title to the
<br />Araperty, rhe leasehold and the fe� title shall not mergo unless T.endor agrees to the mcrger in writing,
<br />10. Mort�age Inauwance. Tf Lender reyuired Mortgage Insurance �s a condition of making th$ Loan, Bon•ower shall
<br />pay tha pre�niurns required to maincain the Martgage Cnsura►�ce in eft'ect, If, for any reason, the Mprtgage Insurancc coverage
<br />required by Lender ceases to bo available fmm the mortgage insurer titat previously provided such insurance and Borrower was
<br />required to makc separately designated paymcnts coward the premiums far Martgagc Jnsurance, Barrower shall pay the
<br />premiums required to obtain coverage substantially equivaleiiX to thC Markgage lpsurar►ce previpusty in effoct, at a cost
<br />substantially equivalent ta the cost to Bnrrower of thc Martgagc Insurance pre�iously in effect, fratn an alternate martgagc
<br />insurer seiected by Lender. lf substanlially aquivalent Mortgage IngurancC coverage is nqt available, Borrow�r shall continue to
<br />pay to L,ender the amount oFthe separately designated payments that wera due when tl7e insurance coverage ceased to be in
<br />effn4�. Lender wiil aceept, uss and retain these psyincnts as a non-rcfundable Iass reserve in lieu af Mvrtgage insurance. 5uoh
<br />lass reserve shall bc non-rafundable� norwithstandin� the fact that the Loan is ultimac�ly paid in fup, and Lendea• shal] not be
<br />i•equired to pay Borrower any interest or earnings on such Ipss reserve, Lender can na longer rcquire ]oss r�serve payment,�s if
<br />MoRgage Insuranca coverage (in the smout�t and far the period that Lender requires) provided by an insurer selected by Lender
<br />NEBRASTCA--Single Family--�annie Mae/Freddie Mac UIVIFORM iN57'RUMEIVT
<br />9� 33$.2 Page 6 af !2 Form 3028 1101
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