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201200337
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Last modified
3/7/2012 11:22:39 AM
Creation date
1/12/2012 3:58:44 PM
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DEEDS
Inst Number
201200337
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� 201200337 <br /> 6. OecupanCy. Bmrower shall nccupy, esixblish, and use the Property as Rorrower's principxl resideuce <br /> within 60 dnys after We execuflon of tlils SecurIty Inshomenk and shall cnn(inue lo occupy the Proper[y as <br /> Sorrower's peincipal residence for at least one year afler [he date of oceupancy, unless Lender uthe�wise <br /> agrees in writing, which cunsent shall no[ be unreasonably witliheld, or unle�.s exLermating circumstances <br /> exisl which are beyond Boreower's control. . <br /> 7. Preservation, Maintenance antl Protection of the Property; Inspections. Borruwer shail not destroy, <br /> damagc or impair the Property, nllow We Yrope�ly to deteria•ate or commit wastc on the Property. WheWer <br /> or not Borrower is residing in Ihe Yroperty, Borrower sliall mainGain thc Property in urder to prevenl Ihe <br /> Property from dete�iocxGng nr decreasing in value due to its condiflon. Unless it is determined pursuant Lo <br /> Section 5 t}ial repair nr res[oratimi is not economically feasible, Bon�ower shall prurnplly repair the Property <br /> if daivaged to avoid fiirHier deterloration or damagc. If ins��rance or a3ndemnalion proceeds are paid in <br /> connectlon ta�ith damage to, or the faking nf, the Pruperly, Borrower sliall be responsible f'm� repairing or <br /> restoring the Property u�ly if Lender has released proceeds for suc�h pw��oses. I,ender may disbune proceeds <br /> for the repairs and restoraflon in a single payment or in a se�ies nf progress payments as l6e work is <br /> completed. IF the insurance or condemnation proceeds are uol sufficient to repalr or resCOre the Property, <br /> Rorrower is not relieved of Borrower's u6ligalion for lhe compleflon of such repatr o� restoration. <br /> Lender or its agent may make reasonablc cntrics upon and inspections uf the Property. 1f i[ has reasonable <br /> cause, Lender may inspecL lhe intedor of llie improvements on the Properly. Lender shall give Borrnwer <br /> nolice at the [ime of or prior to sucli an interlor inspection specifying such reasonable cause. <br /> 8. BOffOWef'S L080 AppliCBtiOn. Borrower shall be in defanit. iL dudng tLe Loan applicaUon process, <br /> Bo�rower or any persons or enlities actlng al lhe di�ection of Borrower or wltl� Borrower's knowledge or <br /> consenL gave materially false, misleading, or inaceurate informatio� or statemenfs to I.ender (or failed lu <br />. peovide Lender wi[h material information) i� connection with the Lnan. Material represenLxflons include, but <br /> are not lirolted to, representations concerning Borrower's occupancy of the Property as Borrower's princlpal <br /> residence. <br /> 9. Protectian of Lender's Interest in the Piroperty and Rights Under this Security Instrument. lf(a) <br /> Bnr�nwer fails to perform Llie covenants aud agreemenL�conlained in tivs Sec�urlty Instrument, (b) there is a <br />, legal proceeding Chat might significantly aTfccf Lendcr's interest in the Prnperty and/ur righls under Lhis <br /> Secwity InsLrumenl (such as a proceeding in bankeuptcy, probate, for condemnadon or forfeikure, for <br /> cnforcemen[ of a lien which may attain priorify over fhis Security Instrument ur lo enforce laws or <br /> regulations), ur {c) Borrower hns abar�doned the Property, Uren Lender may do and pay for whatevcr is <br /> reesu��nble o� apprupriate tu pi�olecl Leuder's interesl in lhe Property and rights under thls Security <br /> Insaument, including pcotecting and/or assessing t6e value of t6e Property, and securing and/nr repai�ing <br /> .the Property_ Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien <br /> which has priority over[his Security Instriunent (b) appeu'ing ln court; and (c) paying reasonable attorneys' <br /> fees to protec[iCS interest in the Property and/m� rights under this Security Inshvment, including ils securecl <br /> pasition in a bankniptcy ymceeding. Seci�ring tl�e Yroperly indude�s, bt[t is not limlted to, entering the <br /> Propeety ro make repairs, change locks, rcplacc or boa��d up doors and windows, drxin wate� Crom pipes, <br /> . eliminate buildiug or oll�er code violaLions or dangerous conditions, and l�ave utilities hirned on or oft'. <br /> Althmigh Lender may take acfion imder this Section 9, Lender does not have to du su and is nol under any <br /> duty or obligation tu du su. I[ is ngreed that Lende� incurs no liabilily Cor nol t�lcing airy or all actions <br /> authorized under tliis Sec[ion 9. <br /> 001122820009 [001122U20A09] <br /> NEBRIlSKASinglc Family-Fanmc MaMFmEtllc Mac UNIFORM INSTROMENT WITH MERS Furrn 3028 1;Ot <br /> VMP� � VMP6A�NE)(�t05�00 <br /> Wolters Kluwcr Financial Services � Page e of t] <br />
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