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201401690
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Last modified
7/20/2017 10:41:55 AM
Creation date
3/27/2014 9:42:18 AM
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DEEDS
Inst Number
201401690
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��14�1�9� <br /> f�r�he r�pa�rs and restora�i�n in a single paymen�ar�n a ser�es of prfl�ress paymen�s as the work is <br /> Gomplet�d. �f the insurance or candem.na�ion pr�ceeds ar�not sufficient tQ repa�r or restore the Proper�y, <br /> Borrawer�s not relieved af B�rraw�r's�bligation for the completion of such repair or restora�ion. <br /> Lend�r�r its agent may make reasonable entries upon and inspe�tinns�f the Property. �f�t has reas�nab�e <br /> cause, Lender may inspect the interior of�he improv�ments on�he Pr�perty. Lender sha�� g��e B�rrawer <br /> no�ice a��he��me of or prior to such an interior inspect�on specifyin� such reasonable�ause. <br /> S. Sorrnwer's Loan Applicat��n. Barr�wer shal�be in defau�t if, during the Loar�app�i�ation pro��ss, <br /> Borrow�r or any persans or entities ac�ing at�he dire�t��n�f Borrow�r ar wzth Barrnwer's kn�wle�ge or <br /> cnnsen�ga�e materially false, misleading, or inaccurate infarma��on flr s�atexr�ents to L�nder�or fa��ed�o <br /> pro��de Lender w��h materia� informati�n} in Connection with the Loan. Material represen�at�ons inc�ude, bu� <br /> are no�limited �o, representa��ons Cancerning Borrower's�ccupancy of the Property as Barrawer's principai <br /> r�s�d�nce. <br /> 9. Protecti�n of Lender's �nterest �n the Pr�perty and �ights L1nd�r this Se�ur�ty Instrument. �f(a} <br /> Borrower fa��s �a perfarm�he�ovenants and agreements con�ained in�hi�Securit� Instrument, �b} there is a <br /> Ie�al prac��ding�ha�migh�signi��ant��r affect Lender's in�erest in the Praperty andlor rights under this <br /> S��uri�y Instrument�such as a proceed�ng in ban.krup�c�r, probat�, for condernr�atian or forfeiture, for <br /> enfarcement of a�ien which may a�tain priority over this Secur�t��nstrumen�or�o enforce xaws or <br /> regu�at�ons}, or�c}Borrower has abandoned�he Praper�y, �hen Lender n�ay da and pay for wha�ever is <br /> reasonable�r approprzate�o pra��c�Lender's �nterest in the PrQpert�and ri�hts un��r this 5ecurity <br /> Instrument, includ�ng pro�ect�ng andlor a�sessing�he va�u�af�he Prap�r�y, and s��uring andlor repairing <br /> the Property. Lender`s actians cax� inc�ude, but are not Iimuited ta: �a}payin�any sun� secured�y a li�n <br /> which has pr�ori��over�his Securi�y Instrument; �b} appearing �n court; and�c}paying r�a��nab�e a�torneys' <br /> fees to protec� x�s interest in the Praper�y andlor rights under th�s Secur��y�ns�rurnen�, including its secured <br /> pasi��on�n a bankruptcy pr�ceeding. Secur�n�the Prflper�� include�, bu� is not l�mi�ed�a, entering the <br /> Property t�make repa�rs, change�ocks, rep�ace�r board up doors and�indow�, drain water from pipes, <br /> e�iminate building�r�ther code v�o�at�ans or danger�us cand�tions, and have ut�li�ies turned on ar aff. <br /> A�though L��.der may �a.l�e actian under�his Section 9, Lender do�s no�have to da so and is no�under any <br /> duty�r ab��ga��an to do so. It is agreed that L�nd�r incurs no �iabi���y for no��aking any or al� act�ans <br /> author�zed under thxs Sec�i�n 9. <br /> Any amoun�s d�sbursed by Lender u.nder th�s 5ect�on 9 sha��becom�addi���na�debt of Borrower s��ured by <br /> th�s Securi�y �nstrument. These amounts shall bear in�eres�at the�o��ra�e from the date�f dzs�ursem�nt <br /> and shal�he payabi�, �v�th such in�erest, upon notice fram L�nder��B�rravsrer request�ng payment. <br /> If thzs Secur��y �ns�rument is on a�easeh�ld, Barrower shall c�mp��with a�i�he provisians of the Iease. If <br /> Borrower acqu�r�s fee title to the Property, �he�easeho�d and the fee�iti�sha��no�merge unless Lender <br /> agre�s t��he merger in writzng. <br /> 'I�. Mortgage Insurance. If L�nder re�uired Martgage Insurance as a condition af ma.king the Laa.n, Borrower <br /> shall pay the prenl�ums requ�red��mainta�n the N�or�gage Insuranc�in�ff��t. If, f�r any r�ason, the <br /> Mor�gage�nsurance coverage r�qu�red b� Lender ceases�o be a�ailabie fram.the mor�gage�nsurer that <br /> previously provided such insurance and B�rrovwer was requir�d ��make s�para�e�y des�gnated paym.ents <br /> toward the prem�ums far Mor�gage�nsurance, Borrower shall pay the premiums required to abtain coverage <br /> subs�a.ntxa��y equ�valent t�the Martgage Insurance pre�iausly in effect, a�a cast�ubs�antially equivaient�o <br /> �he cost�o Barrower of the M�r�gage Insuranc�prev�ously in effect, from an alt�rnat�mar�gage insurer <br /> se�e��ed by Lender. �f substantiat��ec�uivalent M�r�gage�nsuran�e cn�erage is not avai�able, Borrov��r sha11 <br /> N�BRASKA-5ingle�amily-�ar�nie MaelFrec#die Ma�UNIF4RM iNSTRUMENT Form 3Q�8�1�7 <br /> VMP� VMPfi{NE�{13�2j <br /> Wofters K�uwer�inaneial Ssr�ices Page 8 of i 7 <br />
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