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201200550
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201200550
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Last modified
3/7/2012 11:23:30 AM
Creation date
1/23/2012 11:43:15 AM
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DEEDS
Inst Number
201200550
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201200550 <br /> for tho repaixs and resCoratiov in a single payinenE or in a series af�rogress payinenCs as the work ie <br /> completed. If the insurance ox conde�nnation proceeds are not sufficienc co rcpair or rastore Uie Property, <br /> Borirowor is not relieved of Boyiower'a obligation for the coinpletion of snoh repair or restoration, <br /> Lcrrder or its agent inay make reASOnableentrics upon and inspectious of the Property. [f it has reasonaUle <br /> c�use, Lendce may inspect the iuteriox of the improv�nonts on fhe Property. Lender ahall give Borrowor <br /> notice ttt the fime of or prior t�>each an interior inspection specifying stiich reaeonable cause. <br /> 8. Borrower's Loan Appliaation. Borrower skall be in dofault if, dwing the Loen applicationprocass, <br /> Borrower or any persons or e�ttities acCing at the d'u•ection of Borrower or with Borrower'a Imowledge or <br /> consent ga�e inat�rially falsu, mis1eading, or ivaccm•ate informaCion or statements to Leiuler(or fniled to <br /> provida,T.ender wiYh material informrition)in connocYion with the Loan. Materiril re�xesentations include, Uut <br /> are noC lin�rited to, rcprese�rtations coneerning Borxower's occupanuy nf Ghe Property as IIorrowec's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the PropeMy and Rights Under this Security Instrument. Tf(a) <br /> Borrower faila to perform khe oovenants and agreements conYained in this SecnriEy Insb�ument, (b) thare is a <br /> 1oga1 proceeding Uiat inight signifiopntly aPfecS Londcr's interest in Uie Property�tnd/or rigl�ts imder this <br /> Seoiuity Inst��mnu��t(such a� a proceeding in bankruptoy, probatc, for condeinuation or Poifeih�re, for <br /> enforoemenC oP a lien�vl�ich may attain priority ov�x this Securi6y Instrumont or to enforca lawe or <br /> regulakiona), or (o) Borrower hxs abaudoned Uie Property, then Lender may do and pay for wl�atever Is <br /> reasonable or npproprinte to protoct Lcnder's interesti in the Property aud rights undcr tihis Seeurity <br /> Instrument, including protecting ancUor assossing tUe value of Yha Property, and secnring ancUor r�pniring <br /> thc l'roperry. Lender's actions cnn include, UnC v-e not]imitad to; (�i)paying any swns secured by n lien <br /> whioh hna priority c�vor this Security InsU'tunent; (b) ¢ppenring in eourC; and(c)paying reasonable attornays' <br /> fees to protect ite intereat in 11io Property and/or ri�hts tuider this Security Inatniment, including its securccl <br /> position in a banlauptcy proce�ding. Sectuing thc Ytc�perty includee, Uut is not IimiYed to, entering Che <br /> Property to make rep�ir�, chauga locks, repince ar board up doors and wiudows, drain waYer from pipes, <br /> eliminate building or oLher codo violations or dangerous eanditions, and have uCilitics tui7�od on o� off. <br /> Although Lender may take acfion under tl�is Section 9, Lender does ilot haue Co clo so and is not under any <br /> duty or oUligation to do so. It is agreed fhaf Lendoe inours no liaUrlity for not talcing any or all pctions <br /> authorized under tl�is Seofion 9. <br /> Any amomilx disbursed by Lc�idor under this Saotion 9 sha11 become additional deUt oPBorrowcr sccured hy <br /> thie Securiry Instrument. These auiounts shall bear intereet at the Note raYe from the date of disl�urseinent <br /> and sl�all be payable,with such interesY, upon notioe froin Lendcr to Borrower requesting pa}nnent. <br /> If this Seotuity InsY�uineut is on a leasehold, Borrower shall comply witl� all tlie provisions of the lease. If <br /> Borrowcr acquires fee ti{le to Uie Property, tlie leasehold aiid the fee title sliall not merge uuless Le»der <br /> agrees to the mergex in wriEing. <br /> 10. M ortgage I nsurance. If Lender requ3red Mort�age Insurance as a conditiou of mnlcing fhe Loan, Borrowee <br /> shall pey the premiuma required to mainfaui Uio Mort�age iruvurance in effect. If, For any reason, the <br /> Mortgage Insurance coverage requixed by Lerider oeasea Co Ue avai7aUle from the mortgage insurer that <br /> previo�tsly provided such insw•ance aiid Borrower was required Co make se�aratoly dcsigt�ated pa.ymenks <br /> Cowarci the prcmic�ms for Mortgage Instiixauce, Borrower sha11 pay the pretniums required to obtain cove��age <br /> aubstantially equiv�ent Co the Mortgagc Insurance�n�eviously in efFeot, aY a cost substtu�tinlly eqnivalent to <br /> the cost to Borrower of tihe Mortg�ge Iasur�nce previousl�in effect, from an alternete�nortgage insurer <br /> eolccfed hy Le��de�'. if substantially equivalent Mortgage Insurence ooverage is nol available, Borrower el�all <br /> zaa000ea <br /> NEBNASKA-SingleFamlly-Pannle�AaelFretldleA4acUNIPORM INSTRIIM[NT Form302817�1 <br /> VMP ^O V�dPG(NE)�7105) <br /> VJolters Klurver Financial Servlces � Peqe�B af 1/ <br />
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