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201201254
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201201254
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Last modified
3/7/2012 11:26:50 AM
Creation date
2/17/2012 10:02:46 AM
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DEEDS
Inst Number
201201254
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201201254 <br /> f'or the repairs and restoration in a single payment or in a series of progresa paymenta se the work is <br /> completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, <br /> Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration: <br /> Lender or its agent may make reasonable entries upon and inspections of the Property. If it tias reasonable <br /> cause,Lender may inspect the interior of the improvements on the Property. Lender ahall give Borrower <br /> notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br /> B. Borrowe�'SLoanApplication.Bortower shall be in default if, during the Loan application procass, <br /> Bomower or any peraons or entities acting at the direction of Bovower or with Borrower's lmowledge or <br /> consent gave materially false, misleading,or inaccurate information or statements to Lender(�r failed to <br /> provide Lender with material information)in connection with the Loan. Material rapresentations includc,6ut <br /> are not limited to,representations conceming Borrower's occupancy of the Property as Botrower's principal <br /> residence. <br /> 8. ProtectionofLender'slnferestinthePropertyandRightsUnderthisSecuritylnstrument.If(a) <br /> Bonower fails to perform the covenants and agreements contained in this 5ecurity Inelniment, (b)there is a <br /> legal proceeding that might signiticantly affect Lender's interest in the Property andlor rights under this ' <br /> SecuriTy Instnunent (such as a proceeding in bankruptcy,probate, for condemnation or forfeiture, far <br /> enforcement of a lien w6ich may attain priority over this Security Instrument or to enforce laws or <br /> regulatioa5), or(c) Borrower has abandoned the Property,then Lender muy do and pay for whatever is <br /> reasonable or appropriate to protect Lender's interest in the Prope�ty and rights under this Security <br /> Instrument,including protecting andlor assessing the value of the Property, and securing and/or repairing <br /> the Property. Lender's actiona can include,but are not limited to: (a}paying any sums secured by a lien <br /> which has priority over this Security Insfrument; (b) appearing in court; and (c)paying reasonable attomeys' <br /> fees to protect its interest in the Property and/or rights under this Security Instrument,including its secured <br /> position in a bankmptcy proceeding. Securing the Property includes,but is not limited to, entering the <br /> Property to make repairs, change locks,rcplace or board up doors and windows, drain water&om pipes, <br /> eliminate huilding or other code violations or dangerous conditions,and 6ave utilities tumed on or off. <br /> Although Lender may take action under this Section 9,Lender doea not have to do so and is not under any <br /> duty or obligation to do so. It is egreed that Lender incurs no liability for not taking any or all actions <br /> authorized under Wis Section 9. <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured hy <br /> this Security Instmment. These amounts shall bear interest at the Note rate &om t6e date of disbursement <br /> and shall be payable,with such intere54,upon notice from Lender to Borrower requeating payment. <br /> If this Security Instrument is on a leasehold, Bovower shall comply with all the provisions of the lease. If <br /> Borrower acquires fee title to the Property,the,leasehold and the fee title ahall not merge unleas Lender <br /> agrees to the metger in writing. <br /> 70. Mo►tgage Insuranee.If Lender required Modgage Insurance as a condition of making the Loan, Borrower <br /> shall pay the premiums required to maintain tUe Mortgage Insuiance in effect If, for any reason,the <br /> Modgage Insuranee coverage required by Lender ceases to be availa6le from t6e modgage insarer that <br /> previously provided such insurance and Borrower was required to make separately designated payments <br /> toward the premiums for Mortgage Insurance,Borrower shall pay the premiums required to obtaim coverage <br /> substantially equivalent to the Mortgage Insurance previously in effect,at a cost substantially eyuivalent to <br /> the cost to Borrower of the Mortgage Insnrence previously in effect, from an alternate mortgage insurer <br /> selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Bonower shall <br /> NEBRASKASiigle Famllyfennia Mae/Fre00ie Mac UNIFORM INSTRUMENT � � . Foim 3028 t101 <br /> VMP� � � VMP6(NE)I�tWJ:00 <br /> WoNare KlmverFlnancial Smvices Papa B of 17 <br /> . . . � � � . � . l� � <br />
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