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201201128
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2/14/2012 9:07:34 AM
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2/14/2012 9:07:33 AM
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DEEDS
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201201128
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�0�201�2� <br />for the repairs and restoration in a single payment or in a series of progress payments as the work is <br />completed. If the insurance or condemnarion proceeds are not sufficient to repair or restore the Property, <br />Bonower is not relieved of Borrower's obligation for the complerion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and inspe,crions of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Bonower <br />norice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Bonower shall be in default if, during the Loan application pracess, <br />Bonower or any persons or entiries acting at the direction of Bonower or with Bonower's knowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material informarion) in connection with the Loan. Material representations include, but <br />are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protecfion of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in this 5ecurity Instrument, (b) there is a <br />legai proceeding that might significantly affect Lender's interest in the Progerty and/or rights under this <br />Se�urity Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br />regulations), or (c) Bonower has abandoned the Property, then Lencter may do and pay for whatever is <br />reasonable or appropriate to protect Lencler's interest in the Property and rights under this Security <br />Ir�tcucnest, iaclud�iag protecte�g and/or assessing the value of the Property, and se.curing and/or repairing <br />tfie �. I.�'s actia�s c� mclude, but are not �imited to: (a) Pa}ri�g aay se�ms secured by a lien <br />veT� �S griori�y av� tbis Se�iL� Instn�ent; (b) aPp�siBg irn �u�re; �ad (c) FaYi�g reasort�ble attomeys' <br />f�s Eo pa�E� iYs � i� fi�e Prcap�a�y affid/ar rights t�ct� t�ts SectrEity �a�n4, i;aeFuc�iag its secvrec� <br />p�i��. nmm a b�p�ey pr�g. �ing the Prog�rty iacSudes, � is �t Ii�i� to, ex�tering t�te <br />�[}� te ma�e rep�ics cE�ge 2vcks, repl.ace or board up �ors aad winc�ows, drain �vate$ fmffi pi�s, <br />eli�ate bus�dit�g ar ot�r c:nde vio�atio�s or dangemus conditions, aad I�ve utiiiEies t�raed on or eff. <br />A�f�ougEs �de� � ta&e aeFi�an �md�s ti�es �tioa 9, I� do�s noc I�ave to � so a� is IIot under any <br />duEy aa obligatis� t�a d�r so. �� is agreed t� �zc�er �curs no Iiab�ity €or �t tals�g atey os atl actions <br />authoriae.� �r t�is S�ticaffi 9. <br />A�yy ��s �sb� by I.�tdes �i tl�is Section 9 s� b� add�teotta6 �t o� Bo�ow+er secured by <br />ti�s Se�aty i�r�___��►. �'hhese ��ts shat� bear inter�st at �he Note rabe �rom the cfiate of d.isbursement <br />aIId sball be payable, with such interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Borrower acquires fee ritle to the Property, the leasehold and the fee title sball not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage Insurance. If Lender required Mortgage Insurance as a condirion of making the Loan, Bonower <br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insurance and Bonower was required to make separately designated payments <br />towazd the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in eff�t, at a cost substantially equivalent to <br />the cost to Bonower of the Mortgage Insurance previously in effe,ct, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (11051 <br />Wolters Kluwer Flnancial Services Page 8 of 17 <br />
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