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<br /> . � � � ' ' 9�� �Q��o� LOANIIIO. 1559200761 ' ` • � �
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<br /> AA insurance policies and renewats shall be acceptabte 4o Lender and shal!inctude a standard mortgage clause. ' �_���..
<br /> Lender shalt have the rlglit to hold the poilcfes and renewafs.if Lender requires,Borrawer shatl promptly give to Lender .
<br /> all receipts of patd premtums and renawal notices.In the evertt of loss,Borrower shali give prompt notice to the � � ' -
<br /> insurance t�rrier and Lender.Lender may make proof of loss if noi made prompUy by Borrower. �, : . _.-
<br /> Unless Lender and Borrower otherwise agree in writing,insurance proceeds shali bs applied to restoration or repair . • . � , _
<br />_<� r' e u [snotlessened.lfthe �' � ���.-'�
<br /> � of tiie Property damag�rf,'rf tha r�staratiosi or re�ir is econamically feasible and Lende s s c rlty -_---- --
<br /> � restoration ar repair is not economtcally feasibte or Lende�s security would be lessened,the tnsurance proceeds shall � • - _
<br /> � be appl'ied to the sums secured by thts Security Instrumer�t,whether or not then due,with any excess paid to Borrower. � , � .
<br /> � If BoROwer abandons the Property,or does not ansv�er within 30 days a noUce from Lender that Me insurartce carrier �: �
<br /> ; has o8ered to seWe a daim,then Lender may coliect the insurance proceeds.Letsder may use the pPOCeeds to repair �- � -"`�.
<br /> or restore the Property orto pay sums secured by this Securiry InsWment,wheiher or not then due.The 30{tay pedod - ,�;'�:. ' ��,
<br /> will begin when the notice is gtven. ".. �` `'�=''1�
<br /> : a..
<br /> !3 Uniess Lender and Borrower otherv�ise agree in wriUng,any applfcatfon of proceeds to principal shall noi extend ar . � •�"'��—
<br /> T postpane the due date af the rrtonthly paymerrts referred to in paragraphs 1 and 2 or change the amour�t of tha t
<br /> paymems. If under pa:-a�raph 21 tfie Property is acquired by Lender.Borrovrer's Kght to any insurance poltcies and .
<br /> � proceeds resulting from damage to the Property prior to tha acquisit�on shall pass to Lender to the ext�nt of the sums , �:: '""���
<br /> � secured by�ris Security Instrumeni immediately prior to the acquisition. �
<br /> t .
<br /> 6.Occoc�ncy,Pres�nratfon,Mairttenance and Rrotedion ot the Rroperty;eonower's Loan Application; �`j�
<br />` .� Leaseholds. Borrower sfiall occupy,estahlish,and use the Property as BorroweYs princfpal residence wdhin si�dy days `,�,,�-�° --
<br /> � after the axecuUon of t(�is Security Insirument and shall coMinue to accupy ths Property as Borrowe�'s pdnctpal
<br />,.'.;� residence for at least¢rs��ar after tha date of occupancy.unless Lender oiherwise agrees in writing, �.: =� .� ��.�;�_„.
<br /> which consent -• � �;:�=
<br /> shall nat bn unreaso �nvl`a�c*:thheld,or unless extenuating circumstances exlst which are beyond Borrawe�s cornmi. ��'- �,��-
<br />;-,� Borrower shall noi des�,>damage�c irnpair the Property,allow the Property to deter�nrate,or commii waste on the ; �'•
<br />= Property.Borrower sh�::,:�a in defa�:t�any forfeiture acUon or Rrxeeding,whether civil or crtminal,ls begun that in �,
<br /> ' r f the PrQ e or otherwise materiall irn ir the Ilen created by • �. i�� ;� :::;-
<br /> • �. Lender's good faith jud��rarn could result in forfedu e o � rty Y Pa ,
<br /> this Security Instrumer�¢�Lender's security irtte�3.Borrower may cure such a detauft and retnstate,as pravided in F
<br /> .-` �aragraph 18,by caus�:.�ihe action or proceedir���be dismissed with a niUng ti�at,in Lende�s goo�f�i3h _--� �;�"
<br /> � .-o.:.
<br /> determinz�:��,prectudes forfeiture of the Borrowe�s ir,terest ire Grs Property or other materlal tmpalrmer�of the lien ;�,:
<br /> � created���hes Security Instrumem or Lender's security fnien��orrower shall also be in defa�dt ff Borrower,dudrtg ths - .s:�; ..�...;�..
<br /> luan a �rc�Cron rocess, ave maYe��f false or inaccurate i,rr`i��enatton or statements to Lender(or tailed to provic�� � • . �. t�� ,�,;��
<br /> � Lendepwith any materia'mgformatiu�,�ir+connectlon wit3�the��.�evidenced by the Note,including,but noi limfted tm, �� . �',.±�_r�._
<br /> representattons concea�amg Borrow�er's occu cy of the P.roperty as a princlpal residertce.if this Security Inswment is � -� =�_,��
<br /> on a teasehold,Borrower shalt corr�piy w�th I th�pravlstons of the lease. If Borrawer acquires fee tfUe to the Properiy. :..� .��� . ��� �a.o..._
<br /> the leasehald and the fee title sh�11 r�c�t merge uNess Lender agrees to the merger in writing. � �
<br /> 7 Protectton of Lende�'s Ri ?�fn the Property. If 8orrower fa0s to erform the cov�r+ar�ts and a reemants - �'�''-��—�
<br /> $ P 9 . � •ft .,.,
<br /> contalned in thls Securfty Instrumerrt,or there is a legal proceeding that may signiflcanUy a'��t Lenciers rights in the .��; " �
<br /> ���:;_–
<br /> � Property(such as a prec�eding in bankruptcy,probate,for condemnation orforteiture orto er�fioras�-�s or - � ;;-�, ;; ;r•,�•�=�
<br /> ce
<br /> � regulatlnns),then Lender may do and pay for vhratever is n2cessary to protect the value of t�e Prop�►and Lenders x,: : c ,;.�.��
<br /> dghts tn tfis Property.Lender's acttons may(nc(ude paying any sums secured by a Ilen which has priorfty over thls .�,;: ';, .�,
<br /> �y g n reasonabte atteme s fees and entedn on the Pro e to make - .��.• 'f'"�'
<br /> Secu �ns2rument,appearin in court,payi g Y � 9 P n5► - �.,_, .,�=�=
<br /> repalrs.C�9�.�ugh Lender may take action under this paragrap�r 7.Lender does noi have to do so. `- � - � -��=;;;.=_�
<br /> Any amounts dtsbursed by Lender under this paragraph 7�t�;1 become additional debt of Borrawer secured by �'�— --_-=
<br /> thts Security InsVUmeni Unless Borrower and Lender agree to other terrrts o`.�ayment,these amounts shall bear �; ��� �:�{;,-,:::
<br /> iriterest from the date�dis6ursement at the Noie rate and shaq be payab'�.��y�interest,upon notice from Lender to r��S',�.+ '''� • �3. cd •,:r•e:••-,�°
<br /> Borrower requestio�g payment � •
<br /> r .,..
<br /> • 8.IldEac°„gage Insurence. ff Len��T requlred mortgage insurance as a condition af rr�:�g the loar�secured by tMs � �"��_ '
<br /> 8ecu instrument,BoROwer shall the remiums re uired co maintain the moR a insurance in eflect If,for an s'"°"�"�
<br /> �Y PaY P 4 9a9 Y ��;°: ,~...--�
<br /> reason.:he rtsortgage insurance coverage requir�by Lender I��ses or ceases to be in effec�Borrower sha11 pay the �`�-' �"����=
<br /> ��. ,r.a;;,:=
<br /> premlums�equired to obtaln coverage substan�:���quivalerrt to the moRgage Insurance pievlously in effect,at a cost - �-if:�r., f.un>
<br /> substarrtlafly equivalent to the cost to Borrower o.�x��s mortgage insurance prevlously in eNect,from an attemate ~ .��;;��
<br />• mortgage insurer approved by lender.If substantialiy equivafent mortgage insurance coverage is not availaiole, . . _. r:,., . ---
<br /> Borrower shatl pay to Lender each month a sum equal to onsa.t�c��lfth of the yearly mortgage insurance premium being . , - �•,.���.
<br /> patd by Borrower when the tnsurance coverage lapsed or cFa;�c�i to be in effect.Lenderaa�Lt accept,use and retain these • • .
<br /> payments as a loss reserve in lieu of mortgage insurance.Loss Pesenro Ra�rneMS may reo ionger bQ required,at the � __
<br /> optton of Lender,ff mortgage insurance coverage�'in the amaunt and fcr ti�e periads th�t 4�ndsr r-�qutras)provided by , - , = _
<br /> an Insurer approved by Lender agaln becomes availabte and is obtatned. BoROwer sha:i ra'�ti��.�r-J:�iums requlred to � �
<br /> maintain mortgage insurance in ef�`e�tt,or to provide a loss resenre,until the requiremer~Z'a.c rr�r.�c�.ca insurance ends � ' `�.
<br /> in accordance with any written agreement between Borrower and Lender or appficabie[�v. �
<br /> 9. Inapection. Lender or its ageM may ma.ce reasonable entr�es upon and inspectlons of the Propoety. Lender , . '�'"��''?�T;�
<br /> shall giva BoROw2r nott�e at the time ot or prfor to an inspection specKyirtg reasonabfe cause for the`rc�spection. . --
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<br />' NEBRAs�6A-SJN'�LE Fd�1lIS.Y-FNMA/FHLMC UNIFORM INSTRUMEPJT .; , . : `��•' FOAM 30289/90 � • •��°
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