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201207542
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Last modified
7/20/2017 9:50:31 AM
Creation date
9/11/2012 11:10:58 AM
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DEEDS
Inst Number
201207542
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201207542 <br /> for fhe repnire�i�ic1 reslnrnCion in a single pn}nnenC or in 1 series of progte�s payincnts as tho worl<ie <br /> completed. If Yhe ineurence or condemnation praceeds a��e not suf€icient to rep�ir or restore the Properry, <br /> [�orrower is��ot relioved of Borrowar's oUligatirni for the coinpletion oP sach repair or resCoration. <br /> Lender or its agent rnay�nalce reasonahle e��t�ies upon aud inapections of the Property. If'it has reasona�ble <br /> cause, Lcnder�nay infipect Lhe inlerior of I'he in2proven2enCs on Lha Pra��crty. Lcndcr shall givc k3m�'owe�� <br /> notice ak the time of or pxior to such au interior inspection specifying such xeasounble enuse, <br /> E3. Borrow er's Loan Applieation. Borrower sha11 be in defxult if, duricig the Loau application proccse, <br /> Borrower ox �uiy persons or entities acting at the direotion of Borrower or with Borrower's ktiowledge or <br /> consent gave mateeinlly false, misleading, or in�ecurate inPormation or stakements to Lender(ar Failed to <br /> provrdc L�ndcr wifl� material ii�fi�rmatinii) in comieo[ioi�wiY:h the Loan. Matcrial rcprescntafions iuclude, bat <br /> are not limiteci ho, representptiovs concerning Borrower's occupancy of ti�e Piropexty ps Borrower's prinei�nl <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Underthis Security Instrument. If(a) <br /> Borrower fails to perforni the covanants and a�,neements conYained in tlus Sectiuity 11�sh'ument, (1�) there is a <br /> legal proceeding that might significantly aCfecC Lender's interesi in L�he Property and/or ri�Ca under this <br /> Security Ins6rumenC(such as a proceeding in bnnlauptcy,pxobate, far condemnarion or fQrfeihire, for <br /> enforoement of n lien�uhich mny etYnin priority over Yhis Sectuity Instniment or to enforce laws or <br /> regulntious), or (c) Borrower has nUandoned the Property, then Lender may do and p�y for whatever is <br /> reasonable or appropriata to protect Lender's interesf in fl�e Property and rights undor this Sccurity <br /> H�strmnei7t, including protecting and/or assessing Ihe vahie of Lhe Properly, and seoi�ring and/or repairing <br /> fhc Property. Lendes�'s actions enn inolude, but az�e not limited to: (a)paying any sums secured by a lien <br /> whieh hes priority over this Security Instrtunent (bJ appeuin�in court; uid(c)paying reasonab1e attorncys' <br /> fees to protecT it�s urterest iu the Property and/or righte tmcien-llue 5eoiuity Inslrninenh, inchiding its aecm•ed <br /> position in abarIlaupecy prooeeding. Securing the Property inchxdes, but is not liinited to, enCeruig the <br /> Property to make repans, chenge locks, replace or board up doors And windows, drau�water fi om pipw, <br /> eliiniiu�te building ox oCl�er�aode violations or dttngcrous conditions, and have uCiliCies tui�ied on or off. <br /> Although Londcr uzay take action under Ctus Seotion 9, Leuder cloes not have to do so and is not under any <br /> du�y or obligaLion to do eo. It is ng•eed th�t Lender incurs no liebility f'or not talcing uiy or all aotions <br /> authorized under tlus Section 9. <br /> Any ainounts diebursed Uy Lender uncier this Section 9 ehall beeome additional debt of Borrower secured by <br /> ttus Security Inatxument. These amotimts sha11 betu iuteresC at tlie Note rate fi�oin Uie date of disUursement <br /> wd shall l�e payable, with sucli interest, upou nofice from I.cnder to Borrowcr requusting pa�nncmt. <br /> If this Security Instrument is on a leasehold, 13on�owec shall comply With all tho prodratons �af thc leasc. If <br /> I3orrower acquires fee titlo to tl�o 1'roperty, the le�sehold nnd the fee tille ahnll not merge unlees Lender <br /> agrees i�o Che merger in writing. <br /> 10. M ortgage Insurance. If I�ender required MorCgage Lisurance as a conclition of making Uie Loan, Borrower <br /> shnll pay the premiums required to inaintain the Mortgage lusuraa�ca iii effecE. if, for any reason, fl�e <br /> Mox[gage bisurance covera�e required by Lcndcr ecases to be autiillble f'rom 6�he n�artgage insurer thn6 <br /> previously provided such imsurance and Bon�ower was required to rnalce sepaxAkely designated payments <br /> toward Che premiiuna for Mortg�ga Tvsmance, Borrower shall pay Phe pretniums rec�utred to obtain coverage <br /> ettbsYantially equivalent to the Mortgage I'ivvurance prcviouyly in cffcct, at a cost substanrially cquivalenC to <br /> the cost to Rorrower c�f the Mortgage Insuranoe previously in effecC, from pn alternAte mortgage insuxer <br /> seleoted bq Lender. If substautially equivalent Mortigage Insuratloe coverage is not availaUle, Borxower shall <br /> — .. . .J—�. —`--J — 240020'J6 <br /> NEBRASKA-Single Family-Fnnnie Mec/Fmtldle Mflo UNIFORM INSTRt1MENT FOCm 3020 7101 <br /> ��Mf�0 VMPoWF�(17061 <br /> W olters Klmv er Fioanalal 6ervicas Pege 8 of I 1 <br />
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