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201206748
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Last modified
7/20/2017 9:46:56 AM
Creation date
8/15/2012 2:20:27 PM
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DEEDS
Inst Number
201206748
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201206748 <br /> for ihe repairs and restoration in a single payment or in a s�ies oT progress paymevts as the work is <br /> completed, If ihe insur�nce or condemnafion proceeds aze noY sufficient to repair or restore fhe Progerty, <br /> Borrower is not relieved of Borrower's obIigation for the completion of such repair or restoration. <br /> L ender or its agent may make reasonablc entries upon and inspecfions of the Property. IP it has reasovable <br /> cause, Lender may inspecE the interior of the i�nprovements an the Properiy. Lender shall give Borrower <br /> notice at the time of or prior to such an interior uzspection specifying such rcasonable cause. <br /> 8. Borrawer's Loan Application. Borrower shall be in default if, during the Loan applicationprocess, <br /> Borrower or any persons or entities acting at the d'aection of Borrower or with Bon-ower's knowledge or <br /> consent gave materially false, misleading, or inaccurate information or statements to Lender(or failed to <br /> pro�ide Lender with material infotmation) in conuection wiin the Loan. Malerial represenfaiaons include, but <br /> are not limited fo, renresentations concerning Borrower's occupancy of the Property as Borrawer's principal <br /> residence. <br /> 9. Protection of LendeYs Interest in the Property and Rights Under thes Security Instrument. If(a) <br /> Borrowec fails to perfonn the covenauts and agreeinents contained in this Security Inshument, (b)there is a <br /> legal proceeding that might si�ificantly affect Lender's interest in.the Properry and/or rights under this <br /> Security Insm�ment(such as a proceeding iu baulmtptcy, probate, for condemnation ox forfeihse, for <br /> enforcement of a lien�hich m<ay attain priority over this Security Instrument or to enforce laws or <br /> regulations}, os (c) Borrowcr has abandoned the Froperty; theu Lender may do and pay for whatcver is <br /> reasonable or appropriate to protect Lender's interest in The Properiy and xights under this Security <br /> Instrument, including protecting and/or assessing fhe value of the Properfy, and securing ancUor zepairing <br /> the Praperty. I,ender's actions can include, but a�re not liinited to: (a)paying any swns seeured by a lien <br /> wliich has priority ove=tfiis Security Instrument; (b} appeazing in eoLu�k; an3(c)paying reasonable attcme-ys' <br /> fees fo piotect its interest in the Property and/or rights under this Security Instrument, including its secured <br /> posiCion in a banl�uptcy proceeding. Securing the Properiy includes; laut is not limited to, �nteimg the <br /> Property Yo make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br /> eliminate 6uilding or other code violations or dangerous conditions, and have utilities tLuned on or off. <br /> Although Lender may take action uncl.er this Section 9, Lcnder does not have to do so and is not Luider any <br /> duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions <br /> authorized under this Secrion 9. <br /> Any amounts disUurscd hy Lenaer under this Section 9 sh�ill.becouie additional debt of Borrower secured by <br /> this Seciuitv Instnimeut. These amounts shall Uear inr_erest at the NOte rate from Yhe date of disbursement <br /> and shall Ue payaUle, v✓i±h such interest, upor,nouce from Lender to Borrower requesting payinent. <br /> If this Securify Inshvznent is on a leasehold, Borrower shz11 comgly vrith all the provisions of tlie Iease. Tf <br /> Borrower acquires fee ritle to the Property, the leasehold and the fcc title shall not mzrge unless Lender <br /> agrees to the merger in writing. � <br /> 10. M ortgage Insurance. If Lender required Mortgage Insurance as a condiLion of making the Loan, Borrower <br /> shall pay the premiums required to maintain the Mortga�e Insurauce in effect. If, for any reason, the <br /> M�rtgage Inswance coverage required by Lender ceases to be avaiiable fr�m the mortgage insurer that <br /> previously provided such insurance and Borrowc-r was reqnired to make sepazately desigiated payments <br /> toward the preiniums for Mortgage Insurance, Borrowes shall pay the preiniums required to obtain coverage <br /> substantially equivalent to�lie Mortgage Insurancepreviously in effect, at a cost su�stanrially equivalent io <br /> the cost to Borrower of the Mortgage Insurance previously in zffect, from an aitemate mortgage insi�rer <br /> selacted by Lender. ,If substantially equivalent Mbrtgage Insurance coverage is not available, Bonower sha11 <br /> 24001183 <br /> NFBRASKA-SinglePamily-Fannieb:ae/FretlCie Mac U�IFOR41 INSTROMENT Form 3028 V01 <br /> ��'�P CJ VbIF6(RE)(1?�5) <br /> VJo{ters Kluwer Pinancial Services Page 8 af 1] <br />
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