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201207194
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8/29/2012 9:08:44 AM
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8/29/2012 9:08:44 AM
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DEEDS
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201207194
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20120719� <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 condemnation proceeds are not sufficient to repair or restore the Property, <br />Borrower is not relieved of Borrower's obligation for the complerion of such repair or restoration. <br />Lender or its agent may make reasonable entries ugon and inspections of the Property. If it has reasonable <br />cause, Lender may inspQCt the interior of the improvements on the Property. Lender shall give Borrower <br />norice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan AppGcation. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persons oa entities acting at the direction of Borrower or with �orrower's knowledge or <br />con.sent gave materi,a�g false, misle.ading, or ivaccurate information or statemegts to k.ender (or failed to <br />grovide Lender wittc material i�formationl in connection with the E.oan,. Materiat representations inclu.de, hut <br />are uc�t tinaited to, representtaL'eons coacer�riag �orrower's occupartcy of the Praperly as Borrovver's principat <br />re,sideace. � <br />9. Pcc:tecfie0n �� C�n.e�r's In�erest ire � Property ared 6�Bg�r�s tl�fer tfe� Se�ur�dy Ir�str�rrser�t. �f (�) <br />Borrower fails t� g�orm t�e c�v�nts and agreements contained in this Securi�jr Instavrxcent fb) tfiere is a <br />Iegal pra�.�ng that �ug�II sigaifc�ntty affect Lender's inter�t in t�Ce Froperty aad/or rights uz�er this <br />�ity �at �� as a p�ing i�c banl�uptcy Probate, fOf C�II�(TEl OL �OL�E2tEIf6 fa�r <br />e�£o�g o� a I� �TsicFa �,�r at�tain griority ov� this Security �nstnu�er�t or tc� e�e�rce Iaw+s or <br />reg�ia��), os (�} Borrowes F�as a�r�o� the Property, tiien Lender may cic� aac� pay for wl�atever is <br />r�soaabFe or apprap�ace to gr�tec� B�cter's iaterest in the Property a� rig1�s �c� t,his Security <br />�rc�t, iBel�Cg Fr�t�tisg �adloff as.sessiag the value c�f t�e P�gerty, aa� �ng artd/or repa's�iag <br />the i'�op�tty. L�°s a�tio�s c� iricYtuie, hu� � aot ti�te.� to: �a) Pa3+ia�g aacy stm� seeute� by a ti.en <br />wFri�It � gsic�ri�jr aver iT� Se�aitY �; (�) �FP�g iu court; aad (c) PaYicag reasoaabl� attor�ys' <br />f�.s to grc��ect its inte�esC i�c the Property aua�/or rights under this Secttrity �, iaciuding its se,cured <br />pvsitio� �n a b�ut�pt�Y F�g. Sc�uring �e PrQperny iIIClu�es, but is not Ii�ite�P ta, eatering the <br />�F�Y ��� �F�, ��� Fo�&s, repl�ce or boarc� up c�rs a� windov�s, drair� water fro� pipes <br />et�ate hui�itdiag oz Qti� co�e vielations �r d�ngerou$ conciitions, � have �tities tvxned on or o�ff. <br />�ItPaoug�s �.eadei m��r t�e aetioa imdes This S�ction 9, �,ender d�s aat have to do so and is not wsder azcy <br />d�iy or obiigatio� Ca cka so. Tt is agr� t�hat T.ender incurs nQ Iiability for not taki�.g any or alI actions <br />axttF�orize.c� �tttc�er t�s Se�ia� 9. <br />�4,ny aa�a�mts disb� �ry �er under this Sectioa 9 strall become a�ditio� de�t of �orrower secvred by <br />th�s Sec�ity �'�•*�+r Z� a�vats shall i� irnerest at the Note rate fra� the c�ate of disb� <br />aacfi sl� be payabte, witis � iII=terest, upon notice from �.ender to Borrovver rec�ues�ing Payment- <br />If this Security Instrumen� is on a IeasehoId, Bvrrower shall comply with aII the gmvisions of the Iease. If <br />�orrc�vver acquires f� title to the Progerly, the Ieasehold and the fee title shatl not ffierge unless I.snder <br />agrees ta the merger in writing. <br />1 O. Mortgage Er�surance. If Z.eicder required Mortgage Tnsuaance as � condition of maidng the Loan, Borrower <br />shaIl pay the premiums requir� to maintain the Mortgage Insurance in eff�t. 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 />toward the premiums for Mortgage Insurance, Bonower sha11 pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer <br />selected by Lender. If substanrially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />NEBRASKA-S(ngle Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 8 of 17 <br />
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