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201206710
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Last modified
7/20/2017 9:46:12 AM
Creation date
8/14/2012 1:55:41 PM
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DEEDS
Inst Number
201206710
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201206710 <br /> for the xepairs and restoration in a single payinent oi in a series of progress pay�nents as the wark is <br /> completed. If the insurauce or condemnauon proceeds aze not sufficienS Co repair or restore the Property, <br /> Bosower is not relieved of Borrowcr's obliganon for flie completion of such repair or restoration. <br /> Lender ar its agent may make reasonable entries upan and inspections of the Properry. if i[has reasonable <br /> cause, Lender may inspect the interior of the unprovements on the Property. I.ender shall give Sorro�ver <br /> notice at the time of or prior to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in defaulz if, during the Loan application process, <br /> Borrower or any per�ons or entities acting at the direction of Borrou�er or w'ith Borrower's laiowledge or <br /> consent gav�e materially false, misleading, or inaccurate infoLma[ion or statements to Lcnder(or failed to <br /> provide Lcnder with material infonnation)in connection with the Loan. YIaterial representations include, but <br /> are not]united to, representations conceming Bor.ower's occupancp of the Proper[y as Sorro�c•er`s principal <br /> residencc. <br /> 9. Protection of Lender's lnterest in the Property and Rights Under this Security Instrument. If(a) <br /> Borrower fails to perPonn the covenants and agreemcnts contained in this Security Instntment, (b)there is a <br /> legal proceeding tt�at might signiTcanllq affect Lender's interest in the Properiy and/or xigkts Under this <br /> Seciuity Iastrument(such as a pxoceeding m 6ankruptcy, probate, Poz conderunatiov ox forfeiture, for <br /> enforcement of a lien which may attain priority over this Security Iastnunent or to enforce laws or <br /> regulations), or(c)Borrower has abandoned the Properry, then Lend�may do and pay for whatever Is <br /> xeasonable or appropriate to protect Lender's interest in the Properiy and rights under this Security <br /> Insirmnent, ineludin�protccting and,/ar aSscssing the value of rhe Property-, and secnring and/or repairing <br /> the Property. Lender's actions can include, but aze not lnnited to: (a)paying any suzns secured by a lien <br /> which has priority ovcr this Sccurity Instnuncnt; (b)appcaring in court; and(c)paying reasonable attorneys' <br /> fees ta protect its iffie�est in tiie Pxoperiy andlor rights under this Security Instrume�it, including iTs secured <br /> � positian in a bankruptey proceeding. Seeuring the Yroperty inclu�3c�, but is not limited to, entering the <br /> Property to make repairs, change locks, replace or board up doors and v✓indows, drain water from pip�, <br /> el�minate buikiipg or other code violarions or da�gerous condirions, and have ut7ities turned on or off <br /> Although Lender may take action under 115is Section 9, Lender does not ba�e to do so and ls not under any <br /> duty or obligafion to do so. It is agreed that Lender inciss na Iiabilily for not taldng any of all actions <br /> authorized wider trus Section 9. <br /> Any amounts disbursed by Lender imder chis Seclion 9 shall becomc additional debt of Borrower secured.by <br /> tlus Security Insmunent. These amoimts shall b�az interest at the Note rate from the date of diebursement <br /> and shall be payabie, with such iirteres�t, upon nQtice from Lender to Bocrower requesting payment. <br /> If this Security Insfrument is on a leasehold, Borrower shall comply with all the provisions of the lease. If <br /> Barrower acquire5 fee fitle to tha Praperty, tha leasehold and the fee title shall not merge imlesa Leitder <br /> agrees to the metger in writing. <br /> 10. M ortgage Insurance. If Lender requued Mortgage Insurance as a condition of making the Loan, Borrower <br /> shall pay the preiniwns required to maintain the Mortgage Insurance in effect. If, for any reason, the <br /> Mortgage Insurance coverage required by iender ceases to be available fi-om the inartgage in.eurer that <br /> previously pro��ided such insurance and Borrower was required to make sepazately desigiated payments <br /> toward the premiums for Mortgage Hisivazice, Sorrower shall pay the premiums required to obiain coverage <br /> substantially equivalent tio the Mortgage In&urance previously in eflee4, at a cost 3ubstantially equivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage iasurer <br /> seleeted by Lender. If substuitially ecluivaleirt Mortgage hisurance coverage is not available, Borsowex shall <br /> 24C01P6] <br /> N`�BRASKA-Single Fzmfly-Fannie MaelFreddie Mac UMFORNI INSTRUM FNT Form 3028 1/01 <br /> VMP ry` VMP6(NE)(�1a51 <br /> lN otte�s:-0uw er Finar.cial Services Pryye 8 of 17 <br />
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