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201210444
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Last modified
7/20/2017 10:04:15 AM
Creation date
12/11/2012 10:06:51 AM
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DEEDS
Inst Number
201210444
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��1�1�444 <br /> for�he repairs and r�staration in a sing�e payment or in a ser�es of progress paym�nts as�he work is <br /> c�mpleted. If�he xnsurance vr condemnatxon proceeds are nat suffic�ent to r�paxr or res�ore the Proper�y, <br /> Borrower is not re�ie�ed of Borro�v�rer's obligation for the compietion of such repair or restoratian. <br /> Lender or its agent may make reasonabie entries upon and inspec�ions af�he Properry. If it has reasonab�e <br /> caus�, Lender ma.y ulspect the�nterior of the xmpra�ements on the ProperCy. Lender sha11 gi�e�rrower <br /> �no��ce at�he�ime of or prior to such an inter�or inspect�on spe�ify�ng such reasanable cause. <br /> 8. Borrower's Loan App�icatian. B�rrower sha.11 be in default xf, during th.e Loan appiication process, <br /> Bnrrower or any persons nr ent�ties acting at the direction�f Borrawer ar with Borr�wer's knnwledge or <br /> consent ga�e mater�ally false, mis�eading, or inaccurate infoarmat�on or statements�o Lend�r�or failed�o � <br /> pro�ide Lender vvith material �nf�rmation} Yn cnnne.�tion v�i�h th.e Loan. Material representatians include, but <br /> are not�imited to, representa�ians cancernin�Borrov�er's occupanc�af the Proper�y as Borrower's principal <br /> residen�e. <br /> 9. Protect�on of Lernder"s Interest in th� Prop�rfiy and Rights Under this Secur�ty Instrument. If�a} <br /> Borrower fai.�s to perform the co�enants and agreements contained in�1iis S�curi�y Instrum�nt, �b�ther�xs a <br /> Iegal proceeding that might signif�cantiy affect Lender's inter�st in the Property andlor rights under�his <br /> Security Instrument(such as a proc.e�ding in bankruptcy, probate, far candemnation�r forfei�ure, for <br /> enforcement af a Ixen which may atta�in prior�ty o�er this Secur�ity Instrument or to enfarce�aws or <br /> regulations}, or�c} Borrower has abandoned�he Property, then Lender may do and pay far whatever is <br /> reasonable or appropr�ate to pr��ect Lender's in�eresf in the Property and rights under�his Securit� <br /> �nstrument, including protecting andlor assessing the�a�ue❑f the Proper�y, and secur�ng andlar repairing <br /> the Proper�y. Lender's ac�Yans can include, but are not 1�nuted ta: �a}paying any sums secured by a lien <br /> whi�h has priority o�er thi�Security Lnstrumen�; (b}appearuag in�ourt; and�c�paying reasonable at�orneys' <br /> fees to protect its�nterest in the Prvpert�y andlor r�ghts under this Security In�trument, inclu�ing its secure�l <br /> positian xn a bankrup�cy prace�iing. Securing the Prop�er�y inciudes, but is no�limi�ed to, entering the <br /> Pra�erty ta make repairs, change Iocks, rep�a�e or baard up doors and�rindows, drain water from pipes, <br /> e�iminate buixding or other code�io�a�ians or dangerous conditions, and ha�e utix�t�es turned on or off, <br /> A�though Lender may take act�on under this S�ct�on 9, Lender does not ha�e ta do sn and is not under any <br /> duty or oblxgation to do so. ��is agreed�1ia�L�nder incurs n�iiabilxty for nat�aking any ar all act�ons <br /> author�.zed under�his Section 9. <br /> Any arnounts d�sbursed�y Lender under this Sectian 9 shal�become additional deb�of B�rrower secured by <br /> th�s Security Instrument. These amounts sha.�i bear interest at�he Note rate from the date of dxsbursem�nt <br /> and sh.ali�e payable, with such ixx��res�, upan notice from Lender to Sorrower requesting paymen�. <br /> If xhis Security Instrum�nt is�n a leasehold, Borrower shall comply wi.th a11 th�provis�ons of�he lease. If <br /> Barrawer acquires fee ti�le to the Prop�rry, �he leaseh�ld and the fe.�tit�e sha11 not merge unless Lender <br /> agrees��the merger�n writing. <br /> ��. Mortgage Insurance. If Lender required Mortgage�nsurance as a condit�on of nna.king�ie Loan, Barrvwer <br /> shail pay the premiums required tv main�ain�h.e Mor�gage Insurance in effe�t. If, for any reason, �he <br /> Mortgage Insurance co�erage required by Lender ceases ta be aWai.�able from the mortgage insurer that <br /> pre�iously pro�ided such insurance and Bonovver was require�l to make separately designa.�ed payments <br /> ta�vard�he prem�.ums for M�rtgag�Insurance, Borrovver sha11 pay the premiu.ms required to o�tain coWerage <br /> substantia��y equivalent to the Mor�gage�nsurance preWious�y in effect, at a cast substantral�y equi�ralent to <br /> the cost to Borraw�r of t,he Mortgage Insuranc�pre�iously in effect, from an al�ernate mar�gage insurer <br /> selected l�y Lender. If substantially equi�alent Mor�gage�nsurance co�erage�s not a�a�lable, Barrower shali <br /> NEBRASKA-Sir�gle Fami[y-�a�nie MaelFreddie IUlac UNI�ORNi 1N5TRIJMEiVT Fvrm 3�28 1 t�9 <br /> VMP�7 VMP6tNE)tZ 1 Q5).0� <br /> Vllo�ters Kluwer�inar�cial Services Page 8 of 17 <br />
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