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201210448
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Last modified
7/20/2017 10:04:26 AM
Creation date
12/11/2012 10:14:56 AM
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DEEDS
Inst Number
201210448
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201210448 <br /> for the repairs etnd restorakion in a si�ngle p�.yment or in a series oP progrest p�yments as 11ie worlc is <br /> coinpleted. If Lhe insurancc or condemnation proceeds ve not sufficient to repair or restorc the Property, <br /> Borxower is not xelieved of Borrower'n ob1igation for tl�e completion of such repAix or resCorafion. <br /> Lender or iEs agcnt mtty malcc rcasonable entrie,9 upon uid inspections of the ProperLy, If it has rcasonable <br /> cftuse, Lenclex inny inapecf fhe interior of the improvements on the Property. Letider shzll give Borrowor <br /> notice aY the time of or priar to auch an interior inapection epccifying sucli reasonaUla cause. <br /> 8, BorYoweY's Loan Application. Borrower sl�all Ue in default if, during tlie Loau a�t�lication process, <br /> Borrower or airy parsons or antities acting At the dixection of Boxxower or with Borrower's knowledge or <br /> conscnt gavo matcrially fa1se, inisleading, or inaccurate ii�'orination or statemenfs Lo I,ender(or fulcd t�� <br /> provide Lander with mafarial informntion) in ooimecrion with the Loan. Material representatioi�e include, but <br /> are not limited to, representations concerning Borrower'a occupancy of the Properly as Borrower's principal <br /> resi�icnoo. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If(a) <br /> Rorrower f�iis to perfoi�in Yhe covenaaita and agreements oontained in tlus Security Insfrmnenf, (b) Chere ie a <br /> legal proceeding Chat miglit eigniGcantly affect Lcnirlcr's interesf iu the Property and/or xights under this <br /> Security Instrument(st�ch fls n�roceeding in b2nkrup[cy, probate, For cc�ndcmnation or forfeihue, for <br /> evforcement of a lien which may attain pLioriYy over tlus Security InstrumenC or Co enforce laws or <br /> rcgtdationsj,�or (c)Bori�wcr hxs abttudoncd thc Prope��tq, t7�en Lender may do audpay for whntever is <br /> reasonable or Appropriate to protect Lendex's interest in tlie Propertq andrights undor this Secnrity <br /> Instrument, uicludiiig protecting and/or aeaessing tha value of the Property, And secuiing end/or repairing <br /> tho Yroptrty. Lcndcr's acHons cttn includc, but arc not limited to: (a)p�ying any smns secured by a lien <br /> which has priority over this Seourity HisirunaenC; (b) appe�ring in co�trt; and(c)p�ying reasonable attorneys' <br /> feea to protect its interest in the Property�nd/or iighte under khis Seei�rity Iivsfrrunent, including ite sccw�e<i <br /> position in a banlcruptoy proceeding. Securing Che Property includes, UuC is noY linuted to, enCering [he <br /> Property to rnalce repairs, cl�ange loc1cs, ,replace or board up doors and windows, drain water from pipes, <br /> eliininnte bnilding or olher coci�violaLions or ciangcrons wnclitions, �i�d have tirtilities tw�ned ou or o�Ff. <br /> Although Lender may take action under this Secfion 9, Lender does not have 6o do so ancl is not undcr any <br /> dnty or ob1igatfion to do so. Jt is agreed that T,euder incw�s no liabiliCy f'or not taking any or A11 aeti�ns <br /> auUiori�ed tmder Clus Secfion 9. <br /> Airy e�mottnfs disULu�yed Uy l.ender under this Section 9 sliall becomeaddiYional debE of Borrower secured by <br /> Chis Seourily Inslrnn�ent. The.ce amoiuiLs ehall bcar intorest at the Note rats from the date of disbursement <br /> and ahall be payable, with aueh interest, upon noCioe fron�Lender Lo Borrowcr rcyues6ng payiuent. <br /> Lf tl�is Seouri�y Iustrumcnt is on a leascl�old, Borrowor s1�a71 coirop1y witlx all Yhe provisiona ofthe lease. If <br /> Borrower noquires fee Litle to the Propeety, thel�sehold and the fee tiflo al�all not merge unless Lender <br /> agrees to tha merg�er in wriking. <br /> 10. M ortgage Insurance. If Le�ide��requii�ed Mortga{;e Insurance as a condition of makiug the Loa�i, Bormwer <br /> shtill pay the preiniums requixed to mainEain fhe Morl'gage Insurauec in efFect. If, fer any re�ason, tlie <br /> MorCgage Insw•ance coverage required Uy Lender ceases to be�vailnUle from the marlg2ge insmer that <br /> pr�viously providcci such insuranc�and Bon�ower was teqnired to inake separa�tely de.signnted payrnente <br /> Coward Che prenuums for Mortgage Insarance, Borrower ahall pay the pre�niums reqt�ired to obtain coverage <br /> substFtntially equivalent to khe Mortg�ge Insurance previously in e£feot, at a cost subetantially equivalont to <br /> tl�e cost to Borrower o4'the Mortgaga Insuraucepreviously in effect, fi•om an alternate inortgnge itisurer <br /> selected by i.ender. Tf euUstanti111y equiv4lent Mortgage lusurai2ce coverage is noC av�ilable, Barrower sh�ll <br /> zaoozs�t <br /> NE6245KA-Single Fam Ily-Fsnnle A7 aelFretldle M ac UNIFORh1 INS7RUA4 FNT Form 307.9 1l01 <br /> VM P(n7 VM171'6(NE)(11051 <br /> Wolters Kluwer Finnnclal 9ervices Page 0 oi fY <br />
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