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201ioois3 (iii) An obligarion of the Borrower under this Security Inst�natrient is not performed. (c) Notice to Lender. Borrower shall natify Lender whenever any of the events listed in Para�raph 9(a)(ii) and (b) occur. (d) Notice to Secretary and Borrower. Lender shall notify the Secretary and Borrower whenever the loan becomes due and payable under Paragraph 9(a)(ii) and (b). Lender shall not have the right to commence foreclosure until Borrower has had thirty (30) days after notice to either: (i) Corrcct thc maCter which resulted in the Security Instrumr:'nt coming due and payable; or (ii) Pay thc balancc in full; or (iii) Sell the Property for the lesser of the balance or 95% of the appraised value and apply the net pracceds of the sale toward the balance; or (iv) Provide the Lender with a deed in lieu of fareclasure. (e) Trusts. Conveyance of a Borrower's interest in the Property to a trust which meets thc rcquircments of the Secretary, or canveyance of a trust's interests in the Aroperiy to a Borrower, shall not be considered a conveyance for purposes of this Para�'aph 9. A trust shall not be considered an nccupa��t or be considered as having a principal residence far purposes of this Paragraph 9. (t� Mortgage Not Insured. Borrower agrees that should this Security Instrumcnt and the Note not be eligible for insurance under the National Housing Act within sixty (60) days frpm the date hereof, Lender may, at its option, reyuire immediatc payment in full of all sums secured by this Security Instrument. A written staterncnt of any authorized agent of the Secretary dated subscquent to sixty (60) days from the date hcreof, declining to insure Cl�is Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this aption may not be exercised by Lender when the unavailability of insurancc is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. No Deficiency Judgments. Barrowcr shall have no personal liability for payxnent oFthe debt secured by this Security Instrument. Lender may enforce the debt only throu�h sale of the Property. Lender shall not be pernutted to obtain a deficicncy judgment against Borrower if the Security Instzwnent is foreclosed. If t}ais Security Instrumcynt is assigned to the Secretary upon dcrnand by tlie Secretary, Borrower shall not be liable for any difference between the mortgage insurance benefits paid to Lender and the outstanding indebtedness, including accrued interest, owed by Bnrrawer at the time of the assignment. 11. Reinstatement. Borrowcr has a right to be reinstated if Lender has required irnrncxiiate payment in full. This right applics eve.•n aftcr foreclosure proceedings are instituted. To reinstate this Security lnstnuner►t, Borrower shall correct the condition which resulted in thc requirement for nnmediate payment in full. Foreclosure costs and reasanablc and customary attorney's fees and expenses properly associated with a foreclosure prncccding shall be adde�l to the principal balance. Upon reinstatement by Borrower, this Security Instnunent and the obligations that it secures shall remain in effect as if Lc,•ndcr had not required immediate payment in full. However, Lender is not rcx�uired to permit reinstatement if: (i) Lender has accepted renistatement after the commc,yncemenc of foreclosure proceedings within two (2) ycars immediately preceding the commer►cement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grpunds in the fuhare, or (iii) reinstatement will adverscly affect the priority of the Security Instrument. 12. Lien Status. (a) Modification. Borrower agrees to extend this Security Instrument in accordance with this Faragraph 12(a). If Lender determincs that the original lien status of the Security Cnstn.unent is jeopardized under state law Nebraska 1 °' Ueed of'I'rust (Fixed)