Laserfiche WebLink
201307432 <br /> writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are <br /> beyond Borrower's control. <br /> 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not <br /> destroy,damage or impair the Proper,allow the Property to deteriorate or commit waste on the Proper Whether <br /> or not Borrower is residing in the Property, Borrower shall maintain the Property in order to prevent the Property <br /> from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that <br /> repair or restoration is not economically feasible,Borrower shall promptly repair the Property if damaged to avoid <br /> further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or <br /> the taking of, the Property Borrower shall be responsible for repairing or restoring the Property only if Lender has <br /> released proceeds for such purposes. Lender rnsy disburse proceeds for the repairs and restoration in a single <br /> payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds <br /> are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the <br /> completion of such repair or restoration. <br /> Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br /> cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at <br /> the time of or prior to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in default if,during the Loan application process, <br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent <br /> gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender <br /> with material information) in connection with the Loan. Material representations include, but are not limited to, <br /> representations concerning Borrower's occupancy of the Property as Borrower's principal residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If <br /> (a)Borrower fails to perform the covenants and agreements contained in this Security Instrument,(b)there is a legal <br /> proceeding that might significantly affect Lenders interest in the Property and/or rights under this Security <br /> Instrument(such as a proceeding in bankruptcy,probate, for condemnation or forfeiture, for enforcement of a lien <br /> which may attain priority over this Security Instrument or to enforce laws or regulations), or (c)Borrower has <br /> abandoned the Property,then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's <br /> interest in the Property and rights under this Security Instrume- t,including protecting andlor assessing the value of <br /> the Property, and securing andlor repairing the Property. Lender's actions can include, but are not limited to: <br /> (a)paying any sums secured by a lien which has priority over this Security Instrument; (b)appearing in court; and <br /> (c)paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Security <br /> Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not <br /> limited to, entering the Property to make repairs,change locks,replace or board up doors and windows,drain water <br /> from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off <br /> Although Lender may take action under this Section 9,Lender does not have to do so and is not under any duty or <br /> obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this <br /> Section 9. <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured <br /> by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and <br /> shall be payable,with such interest,upon notice from Lender to Borrower requesting payment. <br /> If this Security Instrument is on a leasehold,Borrower shall comply with all the provisions of the lease. If <br /> Borrower acquires fee title to the Property,the leasehold and the fee title shall not merge unless Lender agrees to the <br /> merger in writing. <br /> 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, <br /> Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br /> Mortgage insurance coverage required by Lender ceases to be available from the mortgage insurer that previously <br /> provided such insurance and Borrower was required to make separately designated payments toward the premiums <br /> for Mortgage Insurance,Borrower shall pay the premiums required to obtain coverage substantially equivalent to the <br /> Nebraska Deed of Trust—Single Family—Fannie Mac/Freddie Mae Uniform Instrument Form 30 1/01 <br /> MERS Modified <br /> The Compliance Source,Inc. Page 7 of 14 Modified by Compliance Source 14301NE 08/00 Rev.12112 <br /> www.compliancesource.com ©2000-2012,The Compliance Source,Inc. <br /> 4/1 11111111 I 11111 1111111111 11111 111111111111111 V1111111 1111111111 11111 111111 1111 III 1111111 II I III1111111111111 <br /> + 0 2 1 5 2 1 1 5 8 2 + 0 0 A D + 7 1- 1 4 <br />