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201207974
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Last modified
9/25/2012 3:08:17 PM
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9/25/2012 3:08:16 PM
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DEEDS
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201207974
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�0�2079 <br />reyuired by R1;SPA, ancl Ticirreiwer �hall pay lei i,ender thc amiiunl necctitiury tu rriake up t}ie cle�ciency in <br />accordance with RF,SPA, but iu no more than 12 tnonthly paymeuts. <br />Upon payment in full of all su�ns sccured by this Security Insirume;nt, Lencler shall prornptly refund to <br />Borrower any Funds held by Leniier. <br />4. GhaPges; Liens. Sorrowcr shall pay all taxcs, asscssmcnts, chargcs, fincs, and impositions attributablc to <br />the Property which can attain priority over this Security Instnunent, leasehold payments or graund rents on <br />the Propert,y, if any, and Community Assoc:iation Dues, Fees, und Assessments, if any. To the e:ctent that <br />these itc;ms are Escrow Items, Borrower shall pay thE�rn in the manner provided in Section 3. <br />Borrower shall promptly discharge any lien which has priority over this Security Instrument utiless <br />Borrower: (a) agrees in writing to the payinent of the obligation secured by the lien in a manner acceptable <br />to Lender, but only so long as Dorrower is perfornling such agreement; (b) contesis the lien in good faith by., <br />or defends against enforcement of the lien in, legal procee;dings which in Lender's opinian operate to preVent <br />thc cnforccmcnt of thc lirn whilc thosc procccdings arc pcnding, but only until such procccdings arc <br />concluded; or (c) secures fram the holder of the lien an atreement satisfactc�ry to Lender sulx�rdinating the <br />lien to this Secwity Instntment. If Lender detennines thni any part of fhe Property is subject to a lien which <br />can attain priority over this Security lnstrument, Lender may give &�rrower a notice identifying the lien. <br />Within ]0 days of the date on which that notice is given, t3orrower shall satisfy the lien or take one or more <br />of the actions set forth above in this Section 4. <br />Lender may reyuire Borrawer to pay a one-time charge for a real estate tax verification and;or reporting <br />service used by Lendcr in connection vaith this Loan. <br />5. Propertylnsurance.Borrower shall keep the. improvements now esisting or herE�after erectcd on the <br />,Property insnred against loss by fire, hazards inchided within thc term "cxtended coverage," and any other <br />hazards including, but not limited to, earthquakes �u►d floods, for which L�nder requires insurance. This <br />insurdnce shal) be mainlainetl in the �►mounLs (including deductible levels end for the periu�ls that Lender <br />' requires. What Lender re�uires pursuaut to tlie preceding senteuces can change during the term af the Loau. <br />The insurauce carrier providing the insu.rance shall be chosen by Borrower subject to Lender's right to <br />disapprove Borrower's choice, which right shall not be exercised unreasouably. Lender may require <br />Bormwer to pay, in connection with this Loan, either: (a) a one-time charge for flood - r.one determination, <br />ccrtificatian and iracking scrviccs; or (bj a onc-timc chargc for flood zonc dctcrmination and ccriification <br />services and subsequeni charges each time remappings or similar changes occur which rcason�bly might <br />affect such deter�uination or certiiication. Borrower shull also be responsibfe li�r the payment of any fees <br />imposeci by the F'edera! Emergency Management Agency in connection with the review of any flood zone <br />determination resulting from an objection by Borrower. <br />If Borrower fails ta niaintain any af the coverages described aUove Ltnder may obtain insurunce coverage, <br />at Lender's oPtion and Borrower's expense. L�nder is unde-r no obligation ta purchase any particular type or <br />amount of coverage. Therefore, such coverage shall cover Lender. but might or mieht not protect Borrower, <br />Borrowc.�r's cnuity in thc Propert,y, or thc conicnts of thc I'rc�perty, against any risk, harard «r liabilitv an� <br />might provide greater or lesser coverdge than w�s previously in effeci. 13orro�ver acknowledges that the cost <br />of t6e insurance coverage so obtained might signiticantly cxcee.ci the cosr o1' insurunce that Borrower could <br />have obtained. Any atnounts disbursed by Lender under this Section 5 shall becotne additional debt of <br />Bonower secured by this Security Instrument. T'hese amaunts shall tx�r interest at the Note rate from the <br />date of disbursement and shall be payable, with such interest, upon notice from Lender to Bonower <br />requesting payment. <br />NEBRASKASingle F�mily-Fannio A1aeJFreddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolteis Kluwer Financial Services <br />Fo� 3oas ��oi <br />Vf11P8(NE) ('1105).00 <br />P�ge 6 of 17 <br />y, � <br />I <br />\ �� <br />, <br />
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