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201207225
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201207225
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Last modified
7/20/2017 9:48:42 AM
Creation date
8/30/2012 9:16:36 AM
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DEEDS
Inst Number
201207225
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201207225 <br /> abandoned Property.Borrower sltall also be in default if Borrower,dudng the toan application prwess,gave mazerially <br /> � false or inaccurate information or statemerrLs to Lender(or failed to provide Lender with any materia]information)in <br /> connection with[he ban evide�ced by the Note,including,but nM limited tn,represen+ztions conceming Borzower's <br /> occupancy of the Property as a principal residence.if this Se:.urity Inshvment is on a leazehold,Borrower shall compty <br /> with ihe provisions of the lease.If Borrower acquires fee title to the Propertg ihe leasehold a�d fee title shall not be <br /> merged unless I.ender agrees m the merger in vrtiting. <br /> 6.Condemnatioa The proceeds of any award or claim for damages,direct or conseque�tial,i�connection with <br /> any condem�ation or other taki�g of any part of the Properry,a for wnveyance m place of condemnation,aze hereby <br /> assie ed and shalt be paid to Lender to the extent of it�e full amoune ofthe indebtedness thaz remains unpaid under the <br /> Note and this Security Instrument L.ender shail apply such proceeds to the reduction ofthe indebteMess under the Note <br /> and this Securiry instrumenf,fitst to arry detinquent amounts apptied in the order provided in paragaph 3,and then to <br /> prepayment of principal.Any application of the proceeds to the principat shall rtot eMend or postpone the due date of <br /> [he monthly paymenYs,which are re£ersed to in paragraph 2,or change the amowt of such payments.Any excess <br /> proceeds over an amount required to pay all outs[anding indebtedness under the Note and this Security Instrument shall <br /> be paid to the entity legally entitled thereto. <br /> Z Charges to Borrower and Protection of I,ender's Rig61s in the Property. Borrower shall pay all <br /> govemmenhal or municipal chazges,fines and impositions tha[are not i�cluded in peragraph 2.BOlrower shatl pay <br /> fhese obligations on time directly W the entity which is owed the payment.If Failure to pay would adversely affect <br /> Lender's intecest in the Property,upon Lender's request Borrower shall promp[ly fiunish to Lender receipts evidencing <br /> fhese paymenis. <br /> Cf Borrower fails to make these payments or the payments requ"ved by paragraph 2,or fails to perfortn any other <br /> covenants and agreements contained in this Security I�sfiunent,or there is a tegal proceeding thaz may significentty � <br /> afket Lender's rights in the Property(such as a proceeding in bankruptcy,for condemnation or to enforoe laws or <br /> rogulations),thrn I.ender may do and pay wfiatever is necessary to protect the value ofthe Properry and Lender's rights <br /> in the Property,including paymert of taees,hazard insurance and other items memioned in paragraph 2. <br /> Any amounts disbursed by Lender under ihis paragrnph shall become an additional debt of Borcower and be <br /> ucured by this Security InsUvment.These amounts shall bear interest from the date of disbiusement,at the Note rate, <br /> and at the option of Lendey shall be immeAiazely due and payabie. <br /> Borrower shall promptly discharge any lirn which has priority over this Security Insmwent onless Borsower.(a} <br /> agrees in writing to the payment oFthe obligetion secwed by the lien in a manner acceptabte[o Lender,(b)contests in <br /> . good faith the lien by,ot defends against enforcemerrt of the lie¢in,legal proceedings which in the Lender's opinion <br /> operate to prevert the enforcement of tlie lien;or(c)secures from the holder oF the lien an agreement satisfactnry to <br /> Lender subordi�ating the Iien to this SecuriTy Instrument.If Lender determi�es that any part ofthe Pmperty is subject to <br /> a lien which may attain prioriry over this Security Instrumeni,Lende�may give Borrower a no6ce ide�rtitying the lien. <br /> Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice. <br /> 8.Fees.Lender may collect fees and chazges auYhoriud 6y the Secrelary. <br /> 9.Grounds for Acceleration of Debt <br /> (a)Defautt Lender may,except u limited by regulations issued by[he Secretary,in the case of payment <br /> defautis,xequire immediate paYment in full of all sums secured by thu Securiry Instrumem if: <br /> (i)Borrower defaults by failing to pay in ful(any monffily payment reqiured by this Securiry Instrume�t <br /> prior to or on the due date of the nerzt monthly payment,or <br /> (ii)Bortower defaults by failing,fnr a period of th'uty days,W perfo�n any o+Ler obligations contaioed in <br /> Uvs SecuriTy I�strument . <br /> (b)5ale Without Credit Approval.Lender shali,if peimitted by applicabte law(including Section 341(d)of <br /> the C�am-S[.Germain Depositary Institutions Act of 1982,12 U.S.C.1701j-3(d))and with the prior appmval of the <br /> Secretary,require immediaze payment in full of atl sums secured by this Security Instrumettt if. <br /> FHA Nebr�ka Oeed of Trustwith MERS-M% ntl¢tl]/Oa <br /> Page 4 of 8 ����� <br /> ios,inu Borroweqs)Initials <br />
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