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<br />'7. Preservation, Maintenance and Proteetion oF the Property; Inspectlans. Borrower shall not destroy, damage or
<br />impair thc Property, allow the Properiy to deteriorate or commil waste on the Property. Whethcr or nak aarrawer is residing in
<br />the Property, Aorrower shap maintain the Properry in order ta prevent the Properry from deteriorating or decrcasing in value
<br />due ta its candition. Unless it is detcrmined pursuant to Section 5 that repair or restoration is not economically feasible,
<br />Bonower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance ar candetnnation
<br />proceeds are paid in connection with damage ta, or thc taking of, the Properly, �orrawcr shall be responsible far repairing or
<br />restoring the Aroperty only if I.ender has released procccds for such purposes. Lender may disburse proceeds fpr the repairs
<br />and restorntion in a single payment or in a series of progress paymen[s as the wprk is completed. If thc insurance or
<br />condemnation proceeds arc nat sufficient ta repair or restore the Property, Borrower is not relieved uF Barrower's ubligation far
<br />the complction of such repair or restoration,
<br />I.ender or its agent may makc reasonable entries upon and inspections of the Property, if it has reasanable cause,
<br />I.ender may inspect thc interior of the improvements on the Aroperty. Lender shall give Borrowcr notice at the tim� nf or prior
<br />to such an interior inspection specifying such reasonablc cause.
<br />8. Borrower's Loan Appllcation. Borrower shall be in default if, during the Loan application process, Borrowcr or
<br />any persans or entities acting at the directiqn of Borrower or with Borrawer's knowledge or conscnt gave materially false,
<br />misleading, or inaccurate information or statements to Lender (or failcd to provide Lender with material information) in
<br />connection with thc [.oan. Material representations include, but are not limited to, representations concerning Borrower's
<br />accupanoy of the Property as 1�orrower's principal residence,
<br />9. Protsction of I.ender's Interest in the Property and Rights Under this 5ecurity Instrument, If (a) IIorrUwer
<br />fails to perform the covenants and agrcements contained in this Security Instrumept, (b) thcre is a legal proceeding that might
<br />significantly affect Lcnder's interest in the Property and/or rights under this Security Instrument (such as a proceeding in
<br />bankruptcy, prabate, for condemnation or forfciture, for enforcement of a lien which may attain priority over this Security
<br />Instrumcnt or tp enforcc laws or regulatians), or (c) Borrower has abandoned the Praperty, then Lender may do and pay fpr
<br />whatever is reasonable ar apprapriate to protect Lender's interest in the Pro�erty and rights under this 5ecurity Instrument,
<br />including protecting and/or assessing thc valuc of the Property, and securing and/or repairing the Property. T,ender's actions can
<br />include, but are not limitcd to; (a} paying any sums secured by a lien which has priority over this Security Tnstrumcnt; (b)
<br />appearing in court; and (c) paying rcasonable attorneys' fces to protect its interest in the Property and/or rights under this
<br />Security Instrument, including its sccured position in a bankruptcy proceeding. Securing tha Property includes, but is not
<br />limited to, entering the Property to makc repairs, change locks, replace or baard up doors and windows, drain w�ter from pipes,
<br />eliminate building or other code violations or dangerous candilions, and have utilities turned on or off. Although Lender may
<br />take actian under this Section 9, L,ender does not have to da sa and is npt undcr any duty or obligation to do so. It is agreed that
<br />I.ender incurs no lia6iliry for not taking any or sll actions alrtharized under this 5ection 9.
<br />Any amounts disbursed by I,ender under this Section 9 shall became additional debt of Borr�wer securcd by this
<br />Security lnstrument, '1'hese amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with
<br />such interest, upon natice fram Lender to Borrower requcsting payment.
<br />If this Security Instrument is on a leasehold, 8orrowar shall comply with all the provisions of thc lease. aorrower
<br />shall not surrender the Ieasehold estate and interests herein conveyed or terminate ar c�nccl the groun�l lesse. Horrower shall
<br />nnt, withvut the express written conseiit of Lender, alter or amend the ground lease, If Borrower acquires fec title to the
<br />Property, thc leasehold and the tcc title shall not mcrgc unless Lender agrees to the n�erger in writing,
<br />10. Mortgage Cnsuranee. IF T�ender required Mortgage Insurance as a condition of making the t,oan, Barrower shAll
<br />pay the premiums requircd t� maintain the Martgage Insurance in effect. If, for any rcason, thC Martgage Insurance coveragc
<br />required by Lcnder ceases to be available from the mortgage insurer that previously provided such insurancc and Harrower was
<br />required ta make separately designatcd payments toward the premiums For Mortgage Insurance, 13orrowcr shall pay the
<br />premiums rcquired to obtain caverage substantially equivalent to the Mortgage Insurance previausly in eFfect, at a cost
<br />substantially �quivalent to the cost to $orrower of thc Mortgage Insurance previpusly in et�fect, from an alternatc mortgage
<br />insurer selected by Lender. If substantially cquivalent Mortgage Tnsurancc coverage is not available, }3orrower shall continue to
<br />pay to Lender the amount af the separately designated payments that were due whcn the insurance coverage ceased to be in
<br />eff�at, Lender will accept, use and retain these payments as a npn-refundable loss reserve in licu 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 />required ta pay Borrower Any interest or earnings on such loss reserve. [.ender can no longer require loss reserve payments iT
<br />Martgage lnsurance coverage (in thc amount and for the peripd that Lender requires) provided by an insurcr selected by Lcnder
<br />NEBRASKA--Singlc �amily--Fannic Mae/Freddte Mac UNIFORM 1NSTRUMENT
<br />F� 338.2 . Pagc G or I2 Form 1028 1/Ol
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