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�o�soo379
<br />1111056962
<br />7. Preservation, Maintenance �nd I'rotection of the Property; lnspections. Borrower shall not descroy, damage ar
<br />impair the Property, allow the Property ta deteriorate or cammit waste on the Property. Whether or nat Borrower is residing in
<br />the Property, Borrower shall maintain the Property in ordnr to prevent thn Property from det�riorating or decr�asing in valu�
<br />due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible,
<br />f3orrowcr shall promptly rcpair the Property if damagcd to avoid furthcr dcterioration or damaga lf 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 thc Property only if Lender has relcased procecds for such purposes. Lender may disburse proceeds for the repairs
<br />and restoration in a sin�le payment or in a series of progress payments as the work is completed. Tf the insurance or
<br />condcmnation procceds are not sufficicnt to rcpair or restorc thc Property, Borrower is not relieved of Borrower's obligation f'or
<br />the completion of such repair ar restoration.
<br />Lcndcr or its agent may makc rcasonablc cntrics upon and inspections of the Property. If it has re�sqnable cause,
<br />Lender may inspect the interior of the improvements on the Property. I,ender shall give Borrower notice at the time ot or prior
<br />to sucli an interior inspection spccifying such reasonable cause.
<br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, 13orrowcr or
<br />any persons or entities acting at the direction of Borrower or with Borrower's knowledge or cnnsent gave mlterially false,
<br />misleading, or inaccurate information or statements to Lend�r (or Failed to provide Lender with material information) in
<br />connectian with the Laan. Material representatians include, but are not limited to, representations concerning Borrowar's
<br />occupancy of thc Property as Borrower's principal residcncc.
<br />9. Protectipn of Lender's Interest in the Property and Rights Under this Security instrument. Tf (a) Bottower
<br />fails to perform the covcnants and agreemems contained in this Security lnstrwncnt, (b) thcrc is a Icgal proceeding that mi�ht
<br />significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in
<br />bankruptcy, probatc, for condemnation or forfeiture, for enforcement of a lien which may attain priarity over this Security
<br />Instrument or to enforce laws or re�ulations) or (c) Borrower has abandoned the Property, then Lender may do and pay for
<br />what�ver is reasonabl� or appropriate to protect Lender's interest in the Property and rights under this Security Instrument,
<br />including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lend�r's actions can
<br />include, but are not limited to: (a) paying any sums secured by a licn which has priority over this 5ecurity Instrument; (b)
<br />appearin� in court; and (c) paying reasonable nttorneys' f'ees to protect its interest in the Property and/or rights under this
<br />Securicy Instrument, including its secured position in a bankruptcy proceedin�, Securing the Property includes, but is not
<br />limited ta, entering the Property to make repairs, chan�e locks, replace or board up doors and windows, drain water from pipcs,
<br />eliminate building or other codc violations or dangerous conditions, and have utilities turned on or off, Although I,ender may
<br />take action under this Section 9, Lender does nnt have ta do so and is not under any duty or obligation to do so. lt is agrecd that
<br />Lcnder incurs no liability for not taking any or all actions authorized under this Section 9.
<br />Any amounts disbursed by I.ender under this Section 9 shall become additional dcbt of Borrower secured by this
<br />Security Instrument. These amounts shall bear interest at the Note rate from the date of dis6ursement and shall be payable, with
<br />such interest, upon notice from Lender to Borrower requesting paymcnt.
<br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of thc leasc. Borrowcr
<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 Borrower acyuires fee title to thc
<br />Property, the leasehold and the fee tiUe shall not mergc unlcss Lendcr a�rces to the merger in writing.
<br />lU. Mortgage Insurance. If Lender required Mortgage Insurance as a conditian of making the [,oan, F3orrower shall
<br />pay the premiums reyuircd to mainiain the Morigage Insurance in cffect. If, for any rcason, the Mort�;age Insur�nce coverage
<br />required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrowcr was
<br />requircd to makc separatcly dcsignated payments toward the premiums for Mortgage Insurance, F3orrowar shall pay thc
<br />premiums required to obtain coverlge substantially equivalent to the Mortgagc Insurance previously in effect, at � cost
<br />substantially equivalent to thc cost to I3orrower of the Mortgage Insurance previously in effect, from an alternat� mortgage
<br />insurer selected by Lender, if substantially equivalent Mortgage lnsurancc coverage is not available, Borrower shall continue to
<br />pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in
<br />cffect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage lnsurance. Such
<br />loss reserve shall be non-refundable, notwithstanding the fact that thc Loan is ultimately paid in full, and Lender shall not be
<br />required to pay f3orrowcr any intcrest or carnings on such loss reserve. Lender can no longer require loss reserve payments if
<br />Mortgage Insurance coverage (in the amount and for the period [hat Lender requires) provided by an insurer selected by Lender
<br />NEBI2ASKA--Sin�le Family--Fannie Mac/Freddie Mac UNIFORM INSTRUMENT
<br />�i� 338,2 Page 6 of 12 Form 3D28 1101
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