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201402267
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Last modified
7/20/2017 10:56:39 AM
Creation date
4/18/2014 2:51:26 PM
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DEEDS
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201402267
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��14����7 <br /> for the repa�rs and res�aration in a single pa�ment�r in a series of progress payments as �he work is <br /> comp�et�d. �f the �nsuran�e or��ndemna�ion praceeds are no�suff�cient to repair or restare the Praperty, <br /> Bnrrawer�s n��re��e�ed�f Barro�ver's�bliga�ian for the compl�tion af such repair ar rest�ratian. <br /> Lender ar its agent may make reasonab�e en�rxes up�n and inspe��ions af�he Proper��. If�t has reas�nable <br /> cau�e, L�nder may inspect the�n�er�or nf the xmpro��ments�n the Praperty. L�nder shall gi��B�rrav��r <br /> na�ice a��he time af or pr�or to such an�nterior inspect��n specify�ng such reasonab��cause. <br /> 8. Bvrrower's Loan Application. Borrower sha�l be in d�fau�� �f, dur�ng th�Loan app�ica��on process, <br /> Borrower or any p�rsnn��r�nt��ies acting at the direction of Borrow�r or vvith Barrower's know��dg�or <br /> consent gave materia��y fa�se, m�s�eading, or xnaccurate�nf�rmation or sta��ments�� Lend�r�ar fail�d to <br /> pra�ide Lender with ma�erial informa�ion} �n connect�an w�th the L�an. Ma�er�a� representat�on� �n�Iude, but <br /> are nat limited t�, repres�nta�ions concerning Barrower's occupancy af�he Proper�y as Borrawer's pr�nc�pa� <br /> residence. <br /> 9. Protection flf Lender`s �nterest in the Pr�perty and R�ghts Under th�s Secu�ity Instrument. If�a} <br /> B�rro�uer fail�to perform the cov�nants and agr��n�en�s c�n�a�ned in this S��ur��y�ns�rument, ��} there is a <br /> ��ga�proceeding that might significantly affect Lender's int�r�s� �n�h�Property andlor r�gh�s under this <br /> Security �nstrument �such as a praceeding in bankruptcy, prabate, far condemna�ian ar forfeiture, for <br /> enforcemen�af a�xen wh�ch may attain pr�ori����er this Securit��nstrum�nt ar to enforce�a�s or <br /> r�gu�a�ions}, �r�c}�orrQwer has abandoned�he Property, then Lender may do and pa�f�r tivhate�er is <br /> r�asonable or apprapriate��pro�ec� Lender's �n�erest�n the Proper��and righ�s under this Secur�ty <br /> �ns�rum�nt, in��uding pr���cting andlar assessing the�a�ue of�he Praper��, and se�ur�n�andlor repa�r�ng <br /> �he Praperty. Lender's a�tions can in�lude, �u�are not lirn.ited�o: �a}pa�r�ng any sums secured by a�ien <br /> �vhich has pri�r�ty aver th�s S�curity In�trumen�; �b} appearing in cour�; and�c}paying reasanab�e attarn�ys' <br /> fees ta protec�its interes��n the Property andlar r�ghts und�r th�s Security �ns�rument, �nc�uding i�s secure�. <br /> pasi�ion�n a bankruptcy proce�d�ng. Securing�he Prnper�y inc�udes, bu�is not��m�ted to, en�er�ng�he <br /> Proper�y�o make repairs, change�ac�s, replace or board up dQors and wznd�v�s, drain�vater fram p�pes, <br /> elzminate bui�ding or other code�ia�atians or dangeraus conditiflns, and have uti�i�ies�urned vn or aff. <br /> A��hough Lender may take action under this Sec�ian 9, L�nd�r daes not haWe to da sa and is no�under any <br /> du��r or ob�igation�o do so. I�is agreed that L�nder incurs no�iabi�ity for nat taking any or al� ac�ions <br /> au�horized und�r this Section�. <br /> Any amoun�s�xsburs�d by L�nd�r under th�s Sectian 9 shaZ��ecame add��xona� deb�of Borrawer secured�� <br /> th�s�ecurzty�nstrument. Thes�amounts sha��bear interest a��h�Note rate frorn the da�e of disbursement <br /> and�hall be payable, w�th su�h�n�erest, up�n no�i�e from L�nder to Borrower reques�ing payment. <br /> If�his Securi�y Instrument�s�n a�easeho�d, Borraw�r sha�l��mp�� with al� �he pro�is�ons of th��ease. �f <br /> Barr�wer acquires fee t�t1e ta the Praperty, the�easeho�d and the fee�i���shal�na�merge un�ess Lend�r <br /> agrees ta the merger in writing. <br /> ��. Martgage �n�urance. �f Lender required Mar�gage Insuranc�as a condit�on of making the Loan, Barr�wer <br /> shall pay the premiums r�qu�red to main�ain�he Mor�gage�nsurance in eff�ct. �f, for an�reasan, the <br /> N�or�gag�Insurance coverage r�qu�red by Lender ceases t�b�available frflm.�he mor�gage �nsurer tha� <br /> gr��v��us�y prav�ded such�nsurance and Borrow�r was requ�r�d to ma.�e separa�e�y designat�d pa�rnen�s <br /> taward�he prerniums for Mortgag�Insurance, Borr�wer shall pay the premiums r�quired to abtain�average <br /> substan�ially equivalent ta the Mor�gage�nsuran��pre��ous�y in eff�c�, at a G�s�substan��ali�e�u�valen��o <br /> the cast to Borrower of the Mor�gage�nsurance previaus�y in eff��t, fr�m an alternate m�.or�gage insurer <br /> seleCted by Lender. If substantially equiva�ent Martgag��nsuranCe�o�erage�s n�t avai�able, Borr�wer sha�� <br /> NEBRASKA-Single F�mily-F��n��M��I�r�ddi�Mac UNI�ORM INSTRUM�NT Form 34�8�ID3 <br /> VMP p VMPfi(NE)�13�2� <br /> Wviters Kiuwer�inan�ia[5er�ices Page 8❑#7 7 <br />
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