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201201759
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Last modified
3/14/2012 1:54:55 PM
Creation date
3/7/2012 11:31:36 AM
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DEEDS
Inst Number
201201759
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� 201201759 <br /> for the repairs nnd resCor2tion in a sing1e payment or in a series of prog•eas payn�ents as tho worlc is <br /> complated. If the insurance or condeimiation�rocccde are not sufficient to repair or restore the Pro�crty, <br /> Borrower is not relieved of Borxower's oblige[ion for tl�c con��lction of such repair or restoration. <br /> Lender or its agent in�y make reasonablc cnYrics upou aud 'uispecuons of Yhe ProperLy, Lf iC has reasonablc <br /> cause, Lender may inspect the interior of Che nnprovcmcnts ou the Propartiy. Lender sh�ll give Borrower <br /> uoYioc at tl�e time of or prior to such an interior inspection epccifyin�;sticli reaeonable oause. <br /> 8, Borrower's Loan Application. Borrower shall be in dcPaidt if, dnring flie Loan applicationprocess, <br /> Borrower or�uy pereons or entities aeting at the direction of Bortower or with Borrower'a lniowledga or <br /> consent gnve mnCerially falsc, mislcading, ar it�accucate information or statementa to Lender(or Failod to <br /> provide Lender with mntarinl informafaon} nz conne;ction with thc LQan. Matorial representations include, bnt <br /> ere not limiCed to, rsprosentations ooncerning Borrower's oceupancy of the Properfy as Ba�rrowcr's principal <br /> resiclence. <br /> 9. Protection of I.ender's Interest in the Property and Rights Under Yhis Security InsYrument. lf(a) <br /> IIorrower faila tp porform tl�e covenante and agreements containeft in Yhis Security InshmnenC, (b) there is a <br /> I�ga1 proceeciing thaiC might significantly affeot].ander's interest in the Property and/or rights under this <br /> Security Inatrument(such as n proceeding in banlcrup'Ccy, ��rohafe, for conde�nna�tion or �For�PeiCure, f'or <br /> e�iforcement of a lien which may aYtlin priority over this Secm•iCy Ii�Lqtrmi�enl pr Io enforcc laws or <br /> regidaCions), or(c) Borrower has abandoned the Properiy, then Lender ma�y do and pay for whatever 'vs <br /> reasotxflble or ppproprinCe Lo piroCecC Lender's interent in the Property and rig1�ts mider tihis Security <br /> IustrLiment, includin�protecting and/'or asseseing the value of the Properly, and securing and/or repairing <br /> Cl�e Properfy. T ender's action.s can include, but v'e not limited to: (a)paying any suma secured by n lien <br /> which has prinriCy over this Sccurity instrumcnY,(U) appearing in com t; aud(c)paying reason¢ble atrorneys' <br /> fees ta protect its iiiLeresC in Che Property tuid/or rights unda'tl�is Sccurity Instrume�rt, including its sectu'ed <br /> yosition in a banln•uptcy proceeding Secnring tha Piroperty iricludes, buC is not]imitcd to, c��tcring tlie <br /> Proparty to make repairs, chnuga locks, replace or boTrd up doors and wuidows, dr2in waCer Goin pi��cs, <br /> eliininato h�ulding m'other cod�e violaCions or dangerous conditione, wd have utiliYies turned on or off. <br /> Although Lender may Cake aoCion nnder tihis SecCion 9, Londcr docs not have to do so and is noT�midar aaiy <br /> dnty or obligaYion to do so. It is agreed that Lender incura no liaUility for nol taking auy or all acticros <br /> au(liorizcd tmder flve Secfion 9. <br /> tlny aznouuts disbursecl by Lender mider Hzis Section 9 sh�tll become additioi�al debL aP Borrower secured by <br /> Chis Sec:urity 7nstrutnent, These amounts shall UeEU interest at the Note rate fioin the date of disbursement <br /> ancl shall be payablc, with euch inferost, upon notice fi•om I.e�tder to I3orrower requesting payment. <br /> If tl�is Socurit}�1nsh�utne�it is on a leasehold, Borrower sh�11 wivply with all Che proviaions o£the lease. If <br /> Borrower noquires fec Litic to tl�a Property, thc'lcasehold and tlie fee title sha11 not merga twless Lender <br /> agrees to the mergex in writing. <br /> 10. M ortgage Insurance. PF Lender reqtured MortgngeInsurance as a eondition ofmaking Che Loaii, Borrowcr <br /> shall pay thc prcnniums required to maintain tUe Mortgage Insuratice in ef'fect. If, for eny renaon, the <br /> Mortgege Insurance coueraga required 6y Lender oeases Io be availttUle from tho morCgage insm'er tUat <br /> previously provided such insm•ance and Borrowor was required to make aepuately deaig�iaCed p�ymcnts <br /> Coward til�c promiums for Mcn'�gage]nsm�vice, I3on�ower shall p��y tlie premiums required to obtain oovernge <br /> sul�aC�n[ially equivalenC to the Mortgage Ii�surancc}n'oviotiisly in effect, at a cost subsfautielly equivalent to <br /> the cost to Borxower of the Mortgage I�isuranoe previonsly in effect, feom aii altcn'uate tnmtgage instuer <br /> eelected by Lendar. If substantially equivalent Mortgege Insnrpnoe ooverage is not available, Borrov✓er el�all <br /> 2400050G <br /> NEBRASKA-SingleFamlly-Fannleblae7Fretldie.ldacUNIFORM INSTRUMfNT Form3o2011�1 <br /> VM P p VM P8(NF)(1105� <br /> Wollers Kluwer Flnanclal Services Pape 8 af 1 <br />
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