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<br /> �$_ 1tla�� ORIGINAL � .�-�;_�-�
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<br /> • d. Uccupuncy, 1'rescrvntion, Muintcnuncc und I'rotectlon of thc PropcMy; Borrowcr's l.oun Applicadun; ��
<br /> Leuscholds. Borrowcr shall occupy,�stablish. :utd usc the Property as Borrowcr's principal residencc within sixty days �� � ��...;��;,;R
<br /> �fter ihe execution of this Security Instrument and shall ccmtinuc to occupy the Propeny as Borrowrr's principal residence � y,_
<br /> fur At Ic�.ct onc ycar after thc datc of occupancy, unlcss L�:ndcr othcrwisr agrccs in writing, which cunscnt +hall not bc ' . ""s�;-�
<br /> � . .., w:
<br /> unrc.4sonably withhcld, or unicss cxtcnuating circumstances exist which arc bcyond Borrowcr's amtml. sorrowrr shs�ll ., _
<br /> not destray,dnmagc or impair thc Property, allow thc Propcny to detcric�ratc,or a�mmit wnstc on thc Pmperry. Borrowcr � �����°:�
<br /> shnll hc in dcfauh if any forfciturc actian ar procecding. whethcr civil <�r criminal, is bcgun that in I.endrr's good fuith � : • , -
<br /> � judgment could result M fatfeiwrc of the Propeny ar otherwise mnteri,�lly impair the lien creaud hy �hi. Srcurity � -�,,,bv:=:--
<br /> .... Instrumcnt or l.sndcr's sr:curity intcrest. Sarrowcr may cure such 1 dcfauit and refnstatc, ns providcd in paragraph IN, by �:,�.,,y.,
<br /> � w� causing the :�etion or proceeding to be dismissed with a ruling that. in l.ender's good faith determin�tfon, precludes � �:;z;�_
<br /> � forfciturc of ihc Borrower's interest in the Propeny ar othcr mr.tcrial impainncnt oF thc licir crcated hy this Sccuriry —
<br /> I Instrumen� or Lcndcr's security intcrest. Borrowcr �hall also be in dcfault if Borrowcr, during thc loan application ,
<br /> praccss, gnvc mntcrially falsc or inaccuratc information or stntcmcnts to l.endcr (or faiicd to providc I.cndcr with zmy �
<br /> material information) in connection with the loan evidenced by the Note, including,but not limited to, representatians ;
<br /> conceming Borrower's occupnncy of the Propeny as a principal residence. [f this Securiry Instrumcnt is on a leasehold, -
<br /> ' Borrower shall comply with all the provlsions of the lease. If Borrower acquires fee title to[he Propeny, the Ieasehold and ^
<br /> " the fee tltle shall not mergc unless Lender agrces to thc mergcr in writing.
<br /> 7. Protectton oP Lender's R(ghts in the Property. If Bonower fails to perform the covenants and agrcements
<br /> � contained in this Secur[ty Instrumen[, ot there is a legal proceeding that may significan[ly affect I.ender's rights tn the -
<br /> Propeny (such as a proceeding in bankruptcy, probate, for condemnation or forfciture or to enforcc laws or regulations), �s•
<br /> then l.ender may do and pay for�vhatever is necessary to pmtect the value of the Prapercy and l.ender's rights in the �
<br /> . Property. L.ender's actions may include paying any sums secured by a lien which has priority over this Security ��
<br /> Instrument,appearing ln coun,paying reasonablc attorneys' fees and entering on the Propeny to make repairs. Although .,
<br /> Lender may take action under�h�s paragraph 7, Lcnder dnes not have to do so. �:
<br /> � � Any amounts disbursed by l.ender under this paragraph 7 shall become additional debt of Borrawer secured by this
<br /> Security Instrument. Unless Borrowcr and Lender agree to other tcrms af payment, these amounts shall bear tnterest from
<br /> the date of disbursement at thc Note rate and shall be payablc, with interest, upon notice from I.endcr to Borrower
<br /> � requcsting payment.
<br /> S. Mortgage Insurunce. If L.ender required mongage insurance as a condition of making the toan secured by this
<br /> Security lns[rument,Bonowcr sUall pay the premtums required to maintain the mongage insurunce in cffect. If, for any
<br /> reason, the mortgage insurance coverage required by L.ender lapses or ceases to be in effect, Borrower shall pay the
<br /> � premiums required to obtain coverage substantially equivalent to the mortgage insurance previously in effect, at a cost
<br /> subsiantially cquivalcnt to ibe cost to Hortower of r}�e moneaee insurance previously in effect,from an altemate moRguge
<br /> insurer approved by Lender. If substantially equivalent mortgage insurance coverage is not available,Bonower shall pay to _
<br /> l.ender each month a sum equal to one-twelf►h of the yearly mortgage insurance premium being pald by Borrower when the
<br /> insurance coverage lapsed or ceased to be in effect. Lender will accept,use and retain these payments as a loss reservs in
<br /> lieu of mortgagc insurance. Loss reserve payments may no longer be required, at the option of L.ender, if mortgage ___
<br /> insurance covcrage(in the amount and for the period that l..ender requires) provided by an insurer approved by I.ender �
<br /> again bccomes available and is obtained. Borrower shall pay thc premiums requtred to maintain mortgage insurance in r•_
<br /> effect, or to provide a loss reserve, until thc requirement for moi�tgage insurance ends in accordance with any written ��
<br /> agreement between Bonower and Lender or applicable law. _.
<br /> 9. Inspection. I.ender or its agent may make reasonable entries upon and inspections of the Property. Lcnder _
<br /> i shall give Borrower notice at the time of or prior to an inspection specifying reusonable cause for the inspection. - —
<br /> , !0. Condemnation. The proceeds of any award or claim for damages,direct or consequentiul. in connection with
<br /> �� any condemnation or other taking of any part of the Propeny, or for conveyance in licu of condemnatton, are hereby _
<br /> `" assigned and sha11 be paid to Lender. _
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<br /> In the event of a total takin�of the Property, the proceeds shall be applied co the sums secured by this Security
<br /> '• Instrument, whether or not thcn due,with any excess paid to Bonower. In the event of a partial taking of the Property in
<br /> � which the fair market value ot the Property immediatcly before thc taking is equal to or greater than the amount of thc sums
<br /> secured by this Security Instrument immediatcly before the tnking,unless Borrower and Lender otherwise agree in�vriting, __
<br />_ � the sums securcd by this Security instrument shall bc reduced by the amount of the proceeds multiplied by the following ,..__
<br /> fraction:(a)the total amount of the sums secured immediaccly before the taking,divided by(b)the fatr market value of the -
<br /> : `' Property immediately before the taking. Any balancc shall bc paid to Bonower. In the event of a partial taking of the
<br />- Propercy in which thc Fair markct valuc of thc Property immediately beforc the taking is less than the amount ot the sums '--.�_
<br /> secured immediately befure the taking, unless Borrower and Lender otherwise agrec in writing or unless applicabie law �ff:;��------
<br /> otherwise provides,the proceeds shall be applied to the sums secured by this Securiry Inst�ument whether or not the sums ''��='j��___
<br /> arc then duc. �—�-'--
<br /> If thc Property is abandoned by Borcower, or if, after noticc by Lender to Borcower thac thc condemnor offers to '�:��«�,. -�+���
<br /> makc an award or scttic a claim for damagcs,Borrower fails to respond ro L.endcr within 30 days after thc datc thc notice is . .'.Y;��`
<br />� givcn,Lendcr is authorizcd to collect and apply the procecds,at its optian,cither to restoration or repair of the Property or to •.�t:��,,-• �_.
<br /> thc sums sccured by this Sccurity Instrumcnt, whcthcr or not thcn duc. `»�•"
<br /> Unless Lender and Borrower otherwise a�ree in writing,any application of proceeds to principul shall not extend or .
<br />= pos�pone the due date of the monthly payments refrrred ta in paragraphs 1 a�td 2 or change the amount of such payments.
<br /> I I1. Borrower Nut Released; Furbctu•iince By I.endcr Not u Wniver. Extension of thc timc for paymcnt or
<br /> moditication of amonization of thc sums sccurcd by this Sccurity lnstrumcnt grantcd by Lcndcr to any succcssor in intcrest of
<br /> � Bvrrowcr shall not operatc�u rcicasc thc liabiliry of thc c�ri�inal Borrowcr or Borrowcr's succcssors in intcrest. l.cndcr
<br /> � shall not be reyuired to commcnre proccedings against :�ny successor in interest or refuse to ex�end time f'or payment or
<br /> I othcrwisc ntodify amoruration of thc sums sccured by this Sccurity Instrumrnt by rcason ��f any dcma�d made by thc I
<br /> - � original Borrowcr or Borru�vcr's tiurccsson in intcrest. Any forbcaranec by L.cndcr in cxcrcising an�� right or rcmedy I ,
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<br />— snaii no►n�a waivcr ui or p�e�iuuC ii�<<x����.�a��;��y ���;�����rc���...,. -_ —..-
<br />— t2. Succ�wso�s and As�i};ns liound;Joint und ti�veral Liabilit�; Cu-si�ncrs. Thr cuven:u�[s and agrecmcnts of �
<br /> � this S�curily Instnimcnt sh.�ll bind and h�nrlit thr succr�surs and assigns uf Lcndcr anJ Burrowcr,subjc�t tu the provisiuns uf
<br /> p:ir:igraph 17. Burrowrr's covrnants and agrrcments,hall bc juint:md sc�•cral. Any Burru�arr whu ru•sig�is thi�Sccurit�• �
<br />� . {n.irumcnt l�ut ducs nu�cxccutc thr Nutr: (a) fs cu•signiug tlii.Scrurity Instrumcni unly ta murtga�!c. �:rant and cum•cy
<br /> � that Horrc�wrr's intcrest in ihr Pruperry unJcr�hc tcrms ut thi.5rcuriq• Instrumcnt;(hl i�nu�pcnutr.dly ubligatcd tu pay I
<br /> thc sums�ccurcct b}• thi� Sccuriry liistrwnc�it: ;ind cr�:igrrr. iha� l.cndcr :md any uthcr Burru�vcr may atircr w cxtcnd. ,
<br /> modifv, lirrhrar c�r make an}•arcutntnudaUun.��•ith rcgard Iu th�tcruu ut Ihis Sccuruy Intiu-umcnt ur thr Nutr a•ithout�hat
<br /> Burro�vcr's cunsrni. . I
<br /> 3o1xA Re�.I,v} ill\1?U� \ebra+ku Furm JOYB v:vU ry�.iae)n1 3 p��g�•sl� I
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