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201208211
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Last modified
7/20/2017 9:54:25 AM
Creation date
10/2/2012 2:33:33 PM
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DEEDS
Inst Number
201208211
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201208211 <br /> for the repairs and restorakion in a eingle payinent or in a scrics of progress payments as thc work is � <br /> oom�lete,�d. If the insuranee or oondeinnalion prooeede are not aufficient to replir or reFtore Lhe Property, <br /> Borxower is not relieved of Borrower's obligation far the completion of such repair or restorakion. <br /> Lender or its agent mny make reasonable enG•ies upon and inspections of the Property. Tf it has re��sonable <br /> cluse, Lendar may iivspect the interior oi'the improvements on tl�e Property. Lender sha11 give Borrower <br /> notice at the ti�ne of or prior to snch an interior inspcctioi� epccifying such rcasonab1c causc. <br /> 8. Bol'Yower'S Loan AppliCation. Borrower sha11 Ue�n defaLilt if, during the i,flan applicution process, <br /> Borrower or a�1y persons or entities acting at the dircctiim of Borrowcr or witli Borrowcr's Icnowlcdgo or <br /> consent gavc inatcrially Padso, mislcading, or inacmuate informafion or stntemanl:9 to Lender(or failed to <br /> provide Lender wiEh material iuformation) in coimection with The Loan. Material xepresentaGions include, but <br /> are not limitad to, representations concarning Rorrowcr's e�ccupancy�of fl�e Property as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(n) <br /> Borrower Pnila to perform fhe covenants and egreements contained in Yl�is Security Iustrwnent, (b) there is a <br /> legnl proceeding that inight signiflcvitly aftect Lender's interest in kl�e Property andfor riglits undnr tl�is <br /> Security InstrtuvenE(such as a proceeding in bankrupCey, probate, for ooudeirnintion or forfeiture, for <br /> enforcemeut of a licn which inay atCain priority ovar this Security Instrnment or to enforee laws or <br /> regiilations), or(o)Borinwer has aU¢ndoned the Property, 11ien Leuder inay do and pay for whatevec is <br /> reason�ble or approprittte to protect Leiider's interest in fhe Property and rights under this Security <br /> InsY��ument, including�rotecting antUor assesaiag the valtw of thc Pro�crrty, and secau�ing and/pr repairing <br /> flie Pxoperty. l,ender's actioiTs cttn include, buti aee noC limited to: (a)pnying zny aums secured by a lien <br /> wlvch has prioriCy over lhis Security I�istrumeut; (b) appeu•ing in court; end(c)1>ayiug reasonaUla aEtotneye' <br /> fees to proteot iYs interest in Yhe Property and/or riglrts nnder t1iis Security InsC�unze�rt, including its sccurcd <br /> position in a bu�kruptoy proceedin�;. Secming tl�e ProperCy includ�c, buf is not' litniLed to, entering Che <br /> Yroparty to mal<o ropairs, cha�igc locks, replaoe or boprd up doors nnd windows, drain waYer fiom�ipes, <br /> eliininafe building or othex oode violationa or dangerous conditions, and haue ufilities furned on or off. <br /> Althotigh Lender may t�1te action tuider tl�is Section 9, Le��der does not l�ave fo do so and ie not under any <br /> duty or obligation to do sa Lt is agreed that Lender incure no liability Por no[taking eny or flll t�ofions <br /> authoiized under Ehis Seation 9. <br /> Any amwnts disbursed by Lender under tilus Seotiion 9 shall Uecon�e addirionul dcUt of Borrower Fecured by <br /> this Secw'itip Instrwnent. These amounts Khull bcar it�teresf at 11ie NoCe i�ate$om the date of disbursement <br /> nnd sha11 bc payaUle, wich eueh inreresC, upon notice from Lendar to Bocrowar requesting paqment. <br /> ]f this Security insh'an�cnt is on a leasehold, Bortower shall comply with a11 the provisiai�s oF tl�e lease. If <br /> Borrower aoquires fee title to the Property, tha Teasehold and the Pee 6tic shall not mcrgo[mloes i�onder <br /> agrees to tihe merger in�reiting. <br /> 10, M ortgage Insurance. lf Lcnidcr rcquired Morcglge Insurance As a condition of malcing the Loan, Borrower <br /> shall pay tlie prcmim��s required to mn�intnin the MortgagaIlisw'auoe'in efFect. If, for any reason, the <br /> Moi tgage Iusur�noe covexttge required by Lander ceases to Ue ava'rlable Crom the mortgage instu�cr tUaC <br /> previotisly provided sucl�insurance and 13orrowcr was requirecl to mAlce aeparnCely designnted payments <br /> towaxd the preiniLims for Mortgagc I�iswance, Borrower shall pay the premiums required to obtzin coverage <br /> subetantially eqiuvnlent Co [he Mortgage Ineucence previously in ettect, at a cosC subetantially equiva1cnt to <br /> the eost to Barrower of t1�e A2ortg�.ge InsLu'ance previously in cf�coP, from an alfarnnfe n�oxfgage insnrer <br /> salected Uy Lender. 1£substantially cquivalcnt Morlgage I�isuranoe ooverage ie noti aveilable, Bort•ower shall <br /> 2aooesaa <br /> N6BRASKA-Single Family�fannle MaelFre�tlle Mec UWFORIe1 INS"fRUMENI' Porm 3�213 if�i <br /> VM P p VW P6(N E)(110b) <br /> Woltere I(luw er Ffnxnolnl 6ervloee Page 0 of 17 <br />
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