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201208202
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Last modified
7/20/2017 9:54:18 AM
Creation date
10/2/2012 8:36:38 AM
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DEEDS
Inst Number
201208202
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' � 201208202 <br /> 6. Occupancy. Borrower shall�wpy, establish, and use tlie Propetty as Borrower's principal residence <br /> witl�in 60 dxys after the execution of Niis Securiry Instmment and shall cuntinoe[o nccupy the Propecty as <br /> Bonower's p�incipal �esidence for at least one year afrer the date of a cupancy, a�iless I,ende�otlie�wise <br /> agrees in writing, which cousen[shall not be unreasouably withheld, o�unless extenuttting cireumstances <br /> exist which aze beyond Borrower's cmurol. <br /> 7. Preservation, Maintenance and Protection of the Property; Inspections. Boaower sliall nut destroy, <br /> damage or impair the Pioperry, allow the Properry ro dete�iorttte or commit waste on the Properry. Whethe� <br /> or not Borrower is residing in the Property, Borrower sl�all roaintain 8ie Pri�perty in order to prevent the <br /> Pmperty from deterioraCing or decreasiug iu value due to its cundition. Uiiless it is deternuned pursuant to <br /> Section 5 tha[ repair ox xesroration is uot economically feasible, Borrower sl�all prompdy repaic the Property <br /> if daroaged to avoid further deterioration oc damage. If insurance or condenu�ation p�oceeds are paid in <br /> comiee tion with damage to, or die taking of, the Property, Borrower shnll be responsible for repairing or <br /> restoring the Property oiily if Lender has released proceeds for such purposes. Leuder may disbuxse pxoceeds <br /> for the repairs and restoration in a single payment or in a series of progress payroents as the work is <br /> completed. If the iusurance o�condenwation proceeds are not sufficient to repair o�resto�e the Property, <br /> Borrower is nut relieved of Borrowe�'s obligation for the completiou of such repair or resroration. <br /> Lender or its agent may make reasonable ent�ies upov aud iiupec[ions of the Property. If it has reasonable <br /> cause, Lender n�ay inspec[die ivterior of tlie iroprovemeuts on the Property. Lender sliall give Borrower <br /> uotice at the time of or prior ro sach an interiur ii�spection specifying sucli reasoiuble caase. <br /> 8. Borrower's Loan Application. Borrower shall be in default if, during ihe Loan applicatio��process, <br /> Borrower or any pe�sons ox eiuities actiug at the dicection of Borrower or with Bo�rower's knowledge or <br /> consent gave materially false, misleaJing, oi i�wccurate iufornutiou o� statemeuts tn L.euder(or failed to <br /> provide Leuder with material iufornution)i�i coimection witl� tl�e Loan. Material representatiims include, bat <br /> are not linured to, representatiovs concenring Bo�rowex's occapancy of tlie Propeny as Borrowe�'s pducipal <br /> resideixe. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> Borcower fails to perform the cove�uuns and agreements coutained in tl�is Security Instrument, (b) there is a <br /> legal pxoceeding that nvglit sig�rificantly affect L.ender's interest in the Property and/or rights under this <br /> Security I�utrument (such as a pcoceediug in baiilcrnptcy, prohate, fox condenwation or forEeiture, for <br /> enforcement of a lieu which may attaiu p�iority over this Secu�ity Iiutmment o�to enforce laws or <br /> regulations), or (c) Borrower has abandoned the Prnperty, then L.ender may do and pay for whatever is <br /> reasonable or appropriare ro protect Leudex's iuterest in the Property uid xights undex this Secuciry <br /> Instrument, including protecting audlor assessing the value of the Property, and securing and/or repairing <br /> the Propeny. Lender's ac[ions can include, but are not limitetl ta (a)payiug any sums secured by a lien <br /> whicl�l�as pxiority over this Security lnstrumenr, (b) appearing in court; and(c) paying reasonable attorneys' <br /> fees to protect its interest in the Properry and/ox rights under diis Security Iustmment, including its secured <br /> position in a b:uilcruptcy proceeding. Securing the Prope�ty iucludes, 6ut is uot linrited to, entering the <br /> Propeny to make repairs, change locks, replace or boucl up dnors and windowa, drain water from pipes, <br /> elinrinate buildiug or othex code violatious or dangerous wndirions, and have utilities turned on or off. <br /> Althougli I.euder nuy take action under this Section 9, Lendec dces��ot have to do so and is not under any <br /> duty ox obligatiou to do so. lt is agreed that Lender incurs no lixbility for not txking a�ry or xll actions <br /> authorized under this Section 9. <br /> 106ANE 000661993220 September11, 2012 <br /> NEBRASKA�Single FamilY-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT INITH MERS Form 30Y8 1!Ot <br /> VMP� �MP6AINEI f11051.00 <br /> Wolters Kluwer Financiai Servicea Page 8 of 1] <br />
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