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20i�ools3 governmental or municipal charges, fines and impositions that are not includc� in Paragraph 2. Borrower sk�all pay these abligations on time directly to the entity which is owed the payment. If failure to pay would adversely affect Lender's interest in the Property, upon Lender's request Borrower shall promptly furnish to Lender receipts evidencing these payments. Borrower shall promptly discharge any lien which has priority over this 5ecurity Instrument in the manncr provided in Paragraph 12(c). If Borrower fails to makc these payments or the property charges required by Para�raph 2, or fails to perform any ather covenants and agree�nents contained in this Sccurity Instrument, or there is a legal procceding that may significantly affect Lender's rights in the Property (such as a proceeding in bankruptcy, for condemnation or to enforce laws ar regulations), then Lender may do and pay whatever is necessary to protect the valuc of the Property and Lender's rights in the Property, including payment of taxes, hazard insurance and other items mentioned in Para�raph 2. To protect Lender's security in thc Property, Lender shall advance and char�e to Borrower all amounts due to the Secretat'y for the Mortgage Insurance Premium ("MIP")as de�ned in the Loan Agreerrtettt as wcll as all sums due to the loan servicer for servicing activiries ("Servicing Fee") as defined in the Loan Agreement. Any amounts disburscd by Lender under this Paragraph shall became an addicirnial debt of Borrower as providcd for in the Loan Agreement and shall bc secured by this Security Instruc�aent. 6. Inspection. Lender or its a�ent may cntcr on, inspect or make appraisals nf the Property in a reasonable manner and at reasonable times provideri that Lender shall give the Borrnwer nptice prior to any inspection or appraisal specifying a purpose for the inspection or appraisal which must be related to Lendc,�r's interest in the Property. If the Property is vacant or abandoned ar the loan is in default, Lendc,�r may cake reasonable action ta protcct and preserve such vacant or abandoned Property without notice to the Borrower. 7. Candemnation. The proceeds of any award or claim for damages, direct or cortsct�uential, in connection with any condemnation, or othcr taking of any part of the Property, or for conveyance in place of condemnation shall be paid to Lender, Thc procceds shall be applied first to the reduction of any indebtedness under a Secand Note and Second Security lnsbnunctit hcld by tlie Secretary on the Property, and thcti to the reduction of the indebtedness under the Note and this Security Inshlunent. Any exccss proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Inshument shall be paid to the entity legally entitled thereto. 8. Fees. Lender may collect fees and charges authorized by the Secretary. 9. Grounds for Acceleration of Debt. (a) Due and Payable. Lender may require immediate payment in full of all surns secured by this Security Instrument if: (i) A Borrowcr dies and the Properiy is not the principal residence of at least one surviving Borrower; or (ii) All of a Borrower's title in the Property (or his or her beneficial interest in a trust owiiing all or part of the Property) is sold or atherwise transferred and no ather Borrower retains (a) titic to the Property in f'ee simple, (b) a leasehold under a lease far not less than 99 years which is renewable or a lease having a remaining period af npt less than 50 years beyond the date of the 100th birthday of thc youngest Borrower, or (c) a life estate in the Property (ar retains a beneticial interest in a trust with such an interest in the Property) (b) Due and Payable with Secretary Approval. Lender may rc�{uirc immediate payment in fi�ll af all sums secured by this Security Instrument, upon approval by an authorized representative of the Secretary, if: (i) The Property ceases to be the principal residence of a Borrower for reasans athcr than death and thc Property is not the principal residence of at lcast one other Borrower; or (ii) For a period of longer than twelve (12) consecurive months, a Borrower fails to physicalty pccupy the Property because of physical or mental illness and the Properiy is not the principal residence af at lc;ast rnie other Borrower; ar Nebraska ] °' Deed of Trust (Fixcd)