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<br /> � _� dreamstaaces.Bormwer shall not oummit waste or destray.damage or suhstan chan..'the� e�or�allaw� � ,'� , : .
<br /> : ' � �`i Property to deteriorat�reasoaable wear and tear exaepted. Lender maq insp�Prope�rty if the Properry is vacant t
<br /> ' ` or abandoned or We 1oan is in defaatL Lender may take reawnaDle action to pmtect and presenre such vacant or •V �•� �
<br />_ :� � abaudoned Property. Borrower sl�all also be in defaWt if Borrower,during ths loan applisation piocess,gave mater3alty � ` `�
<br /> � , :� false or ieaocarate Infarmation or statements to Lender(or failed to provide Lender with aay materiai jnfoimation) �. ,�
<br />_ , :'� In oonnectfon with the toan evidenced by the Not�inctudIng,but not Itmioed to,representations oonoerniag Borrower's . .� `
<br /> occupanry of the Property as a prIndpai resldenoe.If tl�is SeauIty Instrument is on a lessehoW,Borrower shall comply .
<br /> � � � with the provtslons of the leas� If Bo�ower ac�qn�res fee tltie to the Propeny.the tea�ehoW and fee titIe shall aot ' . ; _ .
<br /> - . . � . be aterged uuless Lender agrees to the merger ia writIng. �.�. ,•.
<br /> , � _ �.:�-.,' 6 CoudEmnattna. The prooeeds of a�►award or claim for damagcs,direct or oonsequentfal,in conaectIon wiW
<br /> � any condemnatIon or other taking of a�r part of the Property,or for oonveyance in plaoe of oondemnatlon,are hereby � ' -
<br /> - �•- ,- assigned aad shall be paid w LeaQer to the e�ent of We fuil amount of the iadebtedaess tvat remains uapaid ander - , ---
<br /> -_ _ the Note and this SecarIty Insuument Lender shall apply such praceeds ta tiie reducKion of the indebtedness uader � .
<br />'"� � tite Note aad this Seauity IaSUament,fust to aay deliaquent amounts applied in the order pmvided ia PazagcaPh 3, . .
<br /> _ aad thea to prepayment of prIncIpaL Aay apptication of the proceeds w the prjncipal shall not extead or postpoae . � �
<br /> ;i .. . the due date of the monthty payments,atuch are refemed tn in paragraph 2,or chaage the amonnt of such payments. ' � � �
<br /> ;:; . Any egcess pmceeds wer an amount required to pay all ontstanding indebtedness ander the Note aati this Seauity °�'��` ,
<br />� , Instrnment shali be pafd w ihe entity teplly entitled sltereto. � .�: ' - -
<br /> �, ;•;-�
<br /> - . � .� 7- �ta Soirawtx and Pmte�nn ofleadet's Rig�in tLe Piopraty. Boaower shall pay all govemuiental , . '•` .'
<br /> `' or municipal claarges.Snes and imposit�ons that are aat incln�ed in ParaBraph 2. Bormwer s�ail paq these obHgatIons :". a��,.:.��'.
<br /> '?�' on time directiy co the entttq which is awed the paymenL If fvinre to pay wonid adveisely affec[Lender's iaterest in � ` �u �
<br /> the Properry,upan I�nder's request Borcawer sha11 pmmptly fumish to Lender receipts evidencing these payntems. ' � ' —
<br /> �;L ; �, If Bomnwer fails to make Wese paymenu or the pa�nents req�bY P��Pb 2.or fa�s w perform aay other � ' :' �.-�
<br />;.i�` � � oavenants and a�reements oontained ia this Secauity Imsuument,or there is a legal P��g�t�Y�8���9 � .s.� .
<br /> ;��� � affect Lender's rights in We ProPenY(sach as a proceeding in band�uptry,for condemnatton or w enforce iaws os •:�`.�`
<br /> .:��.---
<br /> ,'�s � . . . __ regulatIans�Wen Leader maq do and pay wt�atever is�eoessazq to protec�E the valae of the Piropeity aad I.eaQer's rlghts . - -
<br /> `3. ia the Propertq,including payment of tases,bazard insurance and other items menttoaed in paragraph Z. - -- : , �.i
<br /> ;i . . : .;•� ,•.�;�
<br /> Auy amonats dtsbwsed by Lender under Wis pardgraph shall beoome an additIonal debt of Borrowei aad be ° �' .;�
<br />.�'? . L-,r�':.•i.;..�
<br /> ;•. _ �° secured by this SecarIty Instranient These amonnts shall bear intere.st from the date of disbms�ment at the Note rate, . ,•�,�.,:�;�• �
<br />' ��:� %`i, aad at the opiion of I.ender s�all be immediately due aud payable. -.:-�-
<br /> `�;` . ., Borrower s�aU pmmptly discd�arge ai►y liea wLich has priortty aver WLs 3ecuriry Insuument nntess Borrower.(a) - �' . „.«
<br /> ►y .
<br /> `•;; j agees in writing w the payment of We obligatIon secu¢ed by thc lien in a manner acceptable to Lertder,(b)contests . ��;=:°�:�
<br /> �_., 4
<br /> . in good faitit the IIen by,or defenQs against enforcemeat of tiie lien in,legal proteedinp�whtch in the Leade�s opinion • ..�?r'=�
<br /> ..'' � o rate to revent the enforcement of the l�en;or e sec�ues from the ho2der of the lien an • ` �""'��
<br /> � p ( ) 3$L�IItEIIt 58IiSFdC[07ji :te-:--yy-
<br /> w Lender snbordinating the Ilen to this Secariry Insuomen� If Lender detetmines that any part of tlte Property Ls . =—.
<br /> subject to a tfen which may attain priority over this SecnrIty Insunment,Lender may give Boaower a notice identifyIug �' ��`"
<br /> ' the lien. BonovKer shall satisfy the Hen or take one or more of We actions set fonh above adthin 10 days of the giving i�^'��
<br /> . of notIce. , • :ti':'�`
<br /> • . : S Fees. Lender may collecx fees and charges authorized by the Secretary. `���-�• -
<br /> i,�.,
<br /> - 9 (imunds�r A�ooe�eratian of B�t _ . .-„�;.�_
<br /> ' .. � (a� Defautt Lender may,escept as limited by regulatIons�ssued by the Secretary in the case of payment � . • � ��-�
<br /> � , defauits,require Immediate payment in fnll of all sums secured by this SesurIry Instrument iL � � �:•��-��`
<br /> `' . , (i) Borrower defanits by fa�ing to pay ia fall auy monthly paymtent required by this Security Insuument '�;�;''
<br /> " . prior to or on the due Qate of ihe nwn monthly payment,or . � . � ���`-
<br /> � , (ii) Bormwer defaults by failing,for a perlod of th�rty days.to perform any other obligations contaiued ' ''���-
<br /> '.' in this Securlry Instramen� �: `�:s
<br />'��.;,� � (b)Satc VI►�thont Ciedit ApgmvaL Leader sltall,if petmitted by applirab2e law(including section 341(d)of :• .
<br />-:. We Gam-S�Germain Depository lnstitut£ons Ast of 1982,12 U.S.G 1701 j-3(d))and adtb We prIor approval :.,.,� � �
<br /> .' ' . � of the 5ecxetary,reguire immediate payment in fuU of all sums secured�y tlds Se,cauity Instrumeat i� . ,. `
<br /> . . •;.".
<br /> ;� � ; (i) All or part of the Property,or a bene�dal interest in a trust owning all or part of the Properiy,ls sold � � ..
<br /> - , or otheiwLse uansfeaed(other than by devlse or descent),and � �
<br /> (ii) The Propeny is not occupied by the purchaser or grantee as l�is or hes prtncIpal resideace,or the . � �
<br /> • purchaser or grantee does so accupy t�e Property, but his or her credit has not been approved ln �� . �
<br /> _ � � accordance with the reqnirements of the Secretary. � �
<br /> (cj No Wa3ver. If circumstaaaes ocxur that woutd permit Lender to require immediate payment in fuil,bat . . ..
<br /> . Lender does not reyuire such payments,Lender does aot waive its rtghts witb respect to subsec}uent events. ' �
<br /> .' . . (d) I3egutations of HUD Segetary. In many ctrcumstances regulattons issued by the Secretary wiU llmit �
<br /> _ • LendePs rlghis.in the rase of payment defaults,to require�mmediate payment ln full and foreclose if not paid. � -
<br /> TbLs SecurIty Inswment does not authorize acceleration or foreclosure if aot permitted by regWations of the '
<br /> :�` . Secretary. � �
<br /> . r (e) Mort�ge Noi IasareA. Borrower agrees thai if tWs Secutlty Instrument and the Noie are aot determined
<br /> . � to be eligible for lnsurance under the Nadoaal Housing Act witLln 60 DAYS from the ' � •
<br /> , � date hereo�Lender may,at iu optIon require immediate payment in full of all sums secured by this Securlty '
<br /> lnstrumen� A wtltten statcment of any suthorized agent of the Secretary dated subsequent to
<br /> • , 60 DAYS from the date hereof,declining to insure this Security Insttument and the Note,shall be � .
<br /> � deemed conclnsive proof of such ineligibWty. Notwithstaading the foregoing,thts optton may aot be exercised • �
<br /> by I.ender when the nnavailabl�ity of lnsurance ls solely due to Lender's fallure to remlt a mortgage inswance �
<br /> premium to the Secretary. . .
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<br /> � NEBRASKA Ft41 DF�OP 7RllSl' � . .
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