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201401502
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Last modified
7/20/2017 10:35:42 AM
Creation date
3/18/2014 1:05:56 PM
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DEEDS
Inst Number
201401502
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��14�15�� <br /> for�he repairs and restarat�on�n a single pa�m�nt ar in a series of progress payments as the v�►rork�s <br /> c�mp�eted. If the insurance or condemnation proceeds ar�n�t suff�czent to repair or restare the Property, <br /> Barrower is not re��ev�d af Borrower's obligation fnr the comp�et�on of such repair or restaratxon. <br /> Lender Qr its agent may make reasflnabl�entries upon and inspections of the Prap�rt�. If�t has reasonable <br /> caus�, Lender may inspect�he int�rior of the improvem�nt� on the Property. L�nder shall gi�e Borrower <br /> notice at the time of or prz�r to such an�nterior inspection specifying such r�asonable cause. <br /> �. �o��o�vve�'� Laan App�ication. Barrower shall be in default if, during the Loan app�ication process, <br /> Borrower or any pers�ns or�ntities acti�ag at the dir�ction of Borravver or�wzth Borrower's knowledge or <br /> carisent gave mat�rial�y false, mis�eading, or inac�urate inforxnatzon or s�atements to L�nder(or failed to <br /> provide Lend�r v�ith materia�information} in connect�on�vith the Laan. Mater�al re�resen�atians include, but <br /> are no�l�mited to, represen�ations concerning Borrow�r's a��upancy of the Proper�y as Borrower`s princ�pal <br /> residence. <br /> �, P�otectron of Lenderis Inte�est in the Prape�ty and �igh�s Under� �hi� ��curity �nstrument. If�a� <br /> Borrawer fails�o perform�he co�enants and agreements contained in this Security Instrument, ��� �here is a <br /> Iegal proceed�ng tha�rnight signifx�antX�affect L�nder's interest in the Property andlor r�ghts under th�s <br /> Secur�ty Instrument �such as a proc�eding in�ankruptcy, probate, f�r condemna��on or forf�iture, for <br /> enforcement of a lien�vh�ch may attain pri�rzt�over th�s S�curity Ins�rument or to enf�rce Iaws or <br /> r�gulations}, or�c}Borrower has abandoned the Property, then Lender may dfl and pay for v�rha�e�er�s <br /> reasonab��or appropriate to protect Lender's �nter�st in the Proper�y and rights under this Securxty <br /> �nstrument, �n��uding prot�cting andlor assessing �he va�ue of the Property, and secur�ng andlor repairing <br /> the Property. Lender's actions can include, but are no�l�mited to; �a}paying any sums s��ured by a Iien <br /> �vh�ch has priori�y aver th�s Se�urity Instrument; �b} appearing in court; and�c�pay�ng reasonabl�attorneys' <br /> fees to prote�t its�nterest�n the Praper�y andlor rights under�his Securz�y Instrument, including i�s secured <br /> pasiti�n in a bankrup�cy proceeding. Securing the Praper�y includes, but is not Iimited ta, enter�ng the <br /> Property to make repairs, change�ocks, r�p�ace or board up doors and windaws, drain water fram pipes, <br /> eliminate building ar other code vi�la�iflns or danger�us condztions, and have u�i�it�es turned�n or off, <br /> Although L�nd�r may take act�on under this Sec��on 9, L�nd�r does nat ha�e to do so and rs no�under any <br /> duty or obligation to do so. It�s agreed that Lend�r incurs na liability for not taking any or a1I ac�ions <br /> authoriz�d under this S�ction 9. <br /> Any amounts disburs�d by L�nder under this Section� sha���ecam�additi�nal debt of B�rrower secur�d by <br /> this Se�urz�y Instrum�nt, These amounts shal�bear interes�a��he Note rat�fram the da�e of d�sbursem�nt <br /> and shal�be payable, with such�nterest, upon notic�from Lender to Borrov�er request�ng paym�nt. <br /> If this Security�nstrument xs�n a leasehold, Borrov�er sha�l comply wzth all�he provisions of the�ease, �f <br /> Borrower acquires fee titl�to the Property, the Ieasehold and the fee tzt�e shall not merge unless Lender <br /> agrees to the merger in v�riting, <br /> ']D. Mortgage [nsuranc�. �f Lend�r required Mortgag�Insurance as a conditiori af making the L�an, Borrower <br /> shall pay the premiums requ�r�d to maintain�h�Mor�gage Insurance rn�ffec�. �f, for any reason, the <br /> Mortgage�nsurance c�verage r�quired by L�nder ceases to be avaiiable fram the m�rtgage insurer that <br /> previously prov�ded such insurance ax�d Borrower�vas required t�make separat�Iy d�signated paymen�s <br /> toward the premiums for Martgage Insuranc�, Borro�ver sha�I pay the premiums required to obta�n coverage <br /> substant�ally equivaient to the Martgage Insurance prev�ously�n effec�, at a cost substantially equ��ai�nt ta <br /> the cost t�Barrawer of the Mortgage Insurar�.ce pr�v�ously in�ffect, from an a��ernat�mortgage insur�r <br /> selected hy Lender, �f substantially equiva�ent Mortgag� �nsurance coverage is not available, Borrovver shal� <br /> N�BRASKA-Singfe Family-Fannie Mael�reddie Mac�Nf�QRM INSTRUMENT Form 3028 11�1 <br /> VMP� VMP6�NE)�13�2f <br /> Wolt�rs ICfuwer Financ�af Ser�ices Page 8 nf 17 <br />
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