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20110393� directly ta Yhe entity which is owed the payment If �ailura to pay woutd adversely affect Lender's interest in the Property, upon I.ender's request Borrower shall promptly fcu�c►ish to Lemdez� zeceipts avidencing thesa payments. Tf Borrower faiLs to make these payments or the payments required by paragraph 2, ar fails to perfozm any ather cavenants and agreements contained in this 3ecurity Inshvment, or there is a legal proceeding that may significan�tJy affect Lexcdez's rights in t�he Property (such as a proceeding in banknzptcy, for condemnatzon ar to enforce laws or regulations), t�en Lender may do and pay whatever is necessary to protect the value of the Properiy and Lender's rights in the Praperty, including payment of taxes, hazard insuraace and other itezns mentioned in patagraph 2. Any atnovnts d'r,sbtused by Lender uad.er this paragaph sha1l become an additional debt of Borrower aud be secured by �tlzis Seciu�ity Instrument. These aanounts shall bear interest from the date of disbursement at the Note rate, aud at tlae optian of Lender shall ba immediately due and payable. Borrower shaIl promptly discbarge any lien which has pniority over this Secirri�ty Jnsixument wuless Borrower. (a) agrees in writing to the payment of the abfigatian secured by the lien in a manner acceptable to Lender, (b} contests m goad faith tb.e lien by, ar defends against enforcement of the lien in, Iegal proc�edaugs which in the Lender's apiunion operate ta prevent the enfarcement of the lien; or (c) secures fram the holder of the Iiteu au agreement satisfa.ctory to Lemder subordnuatang tha lien to this Security Inslrument If I.ender determines t3iat any part o£the Properiy is subject to a lien which may alxain priozity over thxs Security Insirument, Lender may give Borrower a natice identifying �Che liezt. Borrower shall sarisfy the lien or take one or naore of xhe actions set forth above within 10 days of tha giving af notice. 8. Fees. Iznder may coIlect fees and charges authorized by the Secretary. 9. Grounds for Acceieration of Debt {a) Defaulf. Lendez may, except as lsmited by regulaiians issued by the Secretary in i�e case of payment defau(ts, require immediate paynaent in full of all sums secured by t�us Security iast�ment i� (i) Bazzower defaulfs by faiIing to pay in fu11 any man.thly payment required by this Securi.ty �vs�ument prior to or on the dne date of the next monthIy paytnc�at, or {u� Borrower defaults by failing, for a period ofthiriy days, to perfonmi any oYher obIigations contained in this SecuriEy 7.nstruzn.emt (6) Sale Withont Credit Approval. Lender sb�all, i�£pez�anifted by applicable law (itncludi�ag section. 341(d} o:f the Garn-St. Germain Dapository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with the prior approval of the Secretaary, xequi,re i.naanaediate payment in full of all sums securefl by t]iis Security Instrument i� (i} All or part of �e Property, or a beneficial interest in a trust owning all or part of the Property, is sold ar otherwise transferred (other than by devise or descent), and (ii) T'he Property is not occupied by tlze purchaser or grantee as his or her principal residence, or the pnrchaser or grantee does so occupy the Property, but his ar her credit has not been approved in. accordance with 13�e requirements of the Secretary. (c) No Waiver. If circumstances occnr that would permit T,ender to rec�uire immediate payment in fuII, but Lender daes not require such payments, Lendar does not waive its rights with respect to subsequent events. (d} Regvlataons of HiJD Secretary. In naauy circumstances regulations issued by t�e Secretary will iimit Lender's rights, iu #Ue case of paym�ent defaults, to require immedia#e payment in full and foreclose if not paid. This Security Iustrument does not aw�.orize acceleraiion ox £oreclosure if not pexmitted by regulations of the Secretary. (e) Mortgage Not Tnsured. Borrower agrees tliat if this Security Insiaument and #he Nate are not d,etermined. to be elig�ble for ��+^ance under the National Honsing Act within 60 days from tha date hareo� Lender may, at its option require immediate payment in full of all sums sec�e� by this Security Instrument. A written statement of any authorized agent of the Secretaty dated subseque7at to BO days from the date hereo� declining to insure this Security Tnstrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregaing, this option may not be exercised by Lender when the unavailability of insw�ance zs solely due to I.ender's £aiture to remit a �oaortgage insurance prem+� to ttze Seeretary. 10. Reinstatemenf. Borrower has a right to be reinstated if I.ender has required iuumediate payznent in fcill because of Borrower's failure to pay an amount due under the Note or ti�is Security Iasisument Thi.s rxght applaes even after foreclosure proceedings are instituted. To reinstate tU.e Security Tnstxument, Borrowex shall tendez in a lwnap sum all amouunts required to bring Borrower's account cutrent including, to th.e extent they ara abligations of Bozzower nnder this Security Inslrument, foreclosare cosfs and reasonable and customary attorneys' fees and expanses properly associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Security Inst�ument and the obIigatioins tJxat it secures shall remain in effect as if T.ender had not required immediate payment in fall. However, Lender is not required ta penmit reinstatement i� {i) Lender b.as accepted rer�nstatement af�er the commencement of foreclosure proce�d'ungs within two years immediately preceding the NF.BRA.SKA RSA DEID OF TRASI' HEBRASKA-FAERS B Y� � 6l46 GreaeDo�s° 0000431353 ,_� .�... , ;�.: > s��= w�w_. ;z,�