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<br /> . �, �'� ._.'�. 6. Oa�up�ney. P�srvctbn,Malntequke pad Pnotection ot t6e Property; Bormwer's Lopn Applk�tloni - -
<br /> Latd�olda. Borrower shall occupy,atablioh,and ase the Property As Borrower'a principal residence within�ixty days _ _
<br /> , � .., after the eatcudon of thi�Sxuricy Insttument aM shall continue to occupy the Propeny rx Burruwsi's pdncipal rcctd�nce � -- -- --
<br /> :�... .ax ..,_� '"' �. for xt lea�t one yeu�Rer the dr�te of occupnncy, unless Lender otherwiae agrees in wrlting, which consent slwll nat bc �= v o_.�
<br /> ' uareacon�bly witl�held, or ualeas extenu�ting circumswnca exiet which aro beyond Borrower's control. Horrower sh�ll not -
<br /> 't ''' , ., .'°°� de�troy.dam�go or lmpair the Property.allow the Property to deteriorate,or commlt waste an the Property,Borrower shall —
<br /> � be in defiult if wny forfeitum action or procesding,whether civil or criminal.fe begun that in I.endcr'4 good faith judgment
<br /> -'� ` , „ could t+ewlt in forfeuure of the Property or mharwise materl�Uy impair the lien created by this Secudty lnstrumt�t or L.ender'e
<br />- secudty l�terest. Borrowor moy cure such a dnfault and roinatate. as provided in paragraph 18, by caueing the acdon or _
<br /> _ ' - . proceoding to be dlsmjs�ed with a rWing that,in Lender's goad faith determination.precludes farfeiture of the Borrower's ___
<br /> `' �' � ' interest ia the Pre�pecty or oWer muerial lmpairment of the Iten created by this Secur�ry Inswment or Lender's security �- �
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<br /> ;,��; ° intereat.Bonower sMaU alw be i�defa�it if Borrower.duriag the loan applicAdon pracess,gave mated�lly felse or lnaccurate -
<br /> � � infornwtion or stetements to I.ender(or f�led to provide Lender wlth a�y material infornwtion)in connection with the lonn .--
<br /> =�,# evidanced by the Nuic. including,but not limited to,nepresentattonx concerning Borrower's accupancy of the Property ae
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<br /> _�f�;� � a priaeippl reaidence.If this Security Insuument is on a leasehold.Borrower shwU comply with�Il the provisions of the lease. _
<br /> _?� „ � ° If Borcower acquina fee dde to tiie Property.the Iw�eh�ld wt�d the fee dtle�all not mer�e unle�L.ender ��rees to tha f
<br /> -� mer�er ia wdting.
<br />:..Li � ' � 7. Protedloq ot Lender'�Rl�hts In the Property. If Borrower fsdls to perform tha covenants and agrament� ��y �,_'-,:�•�;��-
<br /> .. n ' , conteinad in Ihis Secudty Insavment�or there is a kg�l proceeding thnt may si�nificandy affect l.ender's r�ghts in the Property __ --_.__
<br />_ � (such wa a praceeding in bnnkruptry,probate,for condem�wtion or farfelture or to enforce lawe or regulatlans),then Lender �'-°--'"�-�'
<br /> ` ' may do and pny for whatever ie necessary to protect the value of the Property and Lender's rights in the Pruperty.l.ender': �"����
<br /> _ actions may include paying aay sums securod by a lieu which has prlodty over this Security Instrument.appearing in court, '''""�'-'
<br /> .. " • paYing rwsonable auorneys' feea ond entering on the Property to mAke ropairs. Ahhou�h Lender may teke action under ���.: ' ..` "
<br /> • thi�paragraph 7.L.ender does nd havc to do so.
<br /> �^� Any amouaw disbursed by Lender under this paragnph 7 shall become additional debt of Bonower secured by this �•�`�-`��-='
<br /> , ` � Secu�ity Instrument.Ualess Borrawer and L,ender agree w other terms of payment,these amcunls shall bear interest from ����=i`-�� -
<br /> the dote of disburcement at tl►e Nou rate or�d shall be payabk,with interest,upon notice from Lender to Horrower requestin� ��_
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<br /> . . , paymcnt. --�-LL, '
<br /> � " 8, Mort�x�e Incurance. If I,ender required mortgage insuraace as a condiUon of making the loan secured by thie r�
<br /> xQ
<br /> Secudty Insuvment,Borrower s1uJl pay the premiums required to maintain the mortgage insurance in effect.If, for any �,'��
<br />. - __ ---- reason.the mortgage iasurnnce coverage required by L e n d er i apses or ceeses to be in ciia,�i.Bu�iower ih�if p a y it�premiums ��. :'.1-------
<br /> � requircd to obtain cover�ge substantially equivalent to the mortgage insurance prevlously in effect, at a cost substantiaUy �tY-:�e-,
<br /> oquivalent to 1he cost to Borcower of the mortgage insurance proviously in effect,from an alternate mortgage insuror approved � �nAs�.�:��
<br /> by Lender.If sutsstandaUy equivaknt mortgage insurance coverage is not available,Horrower shall pay to Lender wch month •:.�,s,�. � -
<br /> a sum equal to one-twelfth of the yearly mortgage inaurence premium being paid by Borrower when the insurance coverage ` �►r;�,_.
<br /> lapsed or ceased to be in effect. Lender wlll accept,use and rctain these payments as a loss reserve In lieu of mongage ='k��-�� -=�'
<br /> insurance. Loss roserve payments may no longer be required.at the opdon of Lender, if mortgage insurance coverage(in ";'`�:=. :r '�r
<br /> � the amount and for the period that Lender requires)provided by an insurer app�oved by L.endcr again becomes available '=' , .
<br /> and is obtained. Borcower shall pay the premiums required to maintain mortgage insura��ce in effect, or m provide a loss � �� ��
<br /> , rescrve,unt{I the requirement for mortgage insurance ends in accordance with any written egreement between Borrower � ;':.rr�wi *r
<br /> i end Lender or applicable law.
<br /> � •• � 9. Ingpection. L.ender ur ita ageut may oiake reasonable cntricv upon and inspections of the Property.Lender sheD � ,f�__
<br /> �, give Borrower notice at the time of ur prior to nn inspection specifying reasonuble cause i'or the inspectfon. ��•'�'�-,
<br /> ' 10. Condemnption. The procecds of any awurd or claim for damages,direct nr consequcmial,in connection with � ;'y^4�
<br /> � any condemnation or other taking of any part of the Properry.or for conveyance in lieu of condenmation,are hereby assigned � "`
<br /> � �� end shall be pa�d to L.ender. .;":=-
<br /> � In the event of a toml tbking of the Property,the proceeds shall be applied ta the sums secured by this Securiry(nstroment. �' __
<br /> whether or not then due,with any excess paid to Borrower. In the event of a purtial taking of the Property in which the � �_�;v;,;.
<br /> fair market value of the Property immediatcly hefore thc taking is equal ro or grcuter than the umount of the sums sccured '�;�;;..;::_,
<br /> by this Security lnstrurnent immediatc:ly betiirc the taking.unless Burrower and lxnder�nherwise ugree in weiting,the sums L 'i'` '•� ••`+
<br /> secured by this Security ln�trument �hall be reduced by the amount of the procecds multipliui by �hc following frrction: !
<br /> (a)�he total amount of the sums secured immediutely bcfore the taking.divided by(b)thc fair market value of the Property ' •
<br /> � immediately before the tuking. Any balance shall bc paid to Borrower. In the evcnt of u panial taking�f the Property in � - •••� --
<br /> ; which thc fair market vulue of[he Propeny immediately hefore the takin� is Ic�s thun the amount of thc sumti secured im- • • '�°�:`'.`''��
<br /> . , .. j mcdiately before the taking, unless Borcower und l.cndcr utherwise agrce m writing or unless applicable luw othcrwise pro- :
<br /> � vides, the praceeds shall be applied to the sums srcured by thix Security Instrumcnt whether or not the sums are then due. '
<br /> � If the Property is abandoned by Borcower, or if,after noticc Ny Iw:nder to Barrower that the coruiernnor offers w ,
<br /> � { make an uward or senle a daim for damagc�, Bo�rowcr fail+to �espimd tu I.endcr�vithin 30 day�after tlx dute thc nutiee
<br /> � is given,L.ender is authorized to wllect and apply the prncceds,�t its option,cither to restorAtion or repair of the Propeny
<br /> ' l or ro the sums secured by this Security Instrument, whether or not then duc.
<br /> � Unless L.endcr and Borrower Wherwisc agrec in writing. �ny applicuti��n �if prixeeds to princip•rl+hall nat extend
<br /> I or pustpone the due date of thc monthly paymcnts referred tc�in paragraphs 1 and 2 ur changr t��r amoun�uf.urh payment�.
<br /> 1 11. Borrower Not Released; �'orbearance By Lender Not �Waiver. Extcnsi�m uf thc time fiir payment or
<br /> : � modification of amortization of the sums secured by this Securiry Instrumcnt gr:+nted by Lcndcr to any successor in interes[ .
<br /> of Borrower shall not operatc to releuse the liability of thc uriginol 8nrrowcr or Borrowcr's sucressor�in intcrc�t. Lcndcr
<br /> shall na be required to commence prnceedings against any successor in interest ur rcl'u�e to extend time ti►r pa,ymcnt or
<br /> ' otherwise modify amortizatian of the sums,ecured by thia Security I��strument by reation of any dc�nau�l m•rdc Ny the�xiginal
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<br /> ' tfaROwe�oC tsorcowe�s succes�ori in imcrc�i. riny ii�rixn�a�KC i�j �i�uc����t���:�:i��K:. , :t... ;.: ..,.....�..............._
<br /> a woiver of or preclude thc excrcisc of�ny right ur rcmedy. „'
<br /> 12. Successors and Asstgns Bound:Joinl end 5everal Liabfllt��: Co-siRners. Thc ruvcnant.anJ agrccmcnt,of
<br /> this Security Instrument shall bind and benefit thc surreswrs and u.sign+��f Lrndcr•rnd Barn�wcr,wbjcct tu tlx pruvi�iuo�
<br /> of paragraph 17.Borrower's covenants and ugreements shall be joint:�nJ.everul. Any B��rrua•rr whn c��-.ittnti thi� Scruriry
<br /> ' •I Instrument but does not execute the Note: (a)is ca-signing this Security Instrument only tu mong•rge, grant and rumcy that
<br /> ` Borcower's intcrest in the Propeny undrr the terrns of this Securiry Instrument: (h) i�n�it per>unally ubligat�d tu pay thc
<br /> � sums secured by this Sewrity Ins�rument:and(c)agreex�hat Lender�nd any othcr B��rn►wer may ugrec to�xtenJ, m�xiify.
<br /> I forhear or make any acc<�mm�xiatiun�with regard w the tcrms uf thi�Sc�urit}�In.trwncm ar thc hutc���ithout that Borruwer'+
<br /> consent. °"
<br /> uutc so��w.�i�t � ., .� NEBRASKA Fom+�ote 9�io fpugr!uJ 3�roXes)
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