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201402671
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Last modified
7/20/2017 11:08:45 AM
Creation date
5/5/2014 1:14:19 PM
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DEEDS
Inst Number
201402671
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��14���71 <br /> 8. Borrvwer`s Laan Appli�ati�n.Barrower shal�be in defaul�if,during the L�an application proc�ss, <br /> Borrawer�r any persons or entit�es acting at the direction�f Barr�wer or with Borrow�r's knowledge <br /> or cansent ga�e ma�erially false,misleading,or inaccurate inf�rmation or statements to Lender�or fa�l�d <br /> to pro��de Lender with materral information�in connection vvith the Loan. Material representations <br /> inc�ude, but are not lim�ted to,representa��ons concerning Borrovver's accupancy of the Properry as <br /> Borr�wer's prin�ipal residence. <br /> 9. Protection of Lender's Inter�st in the Pr�perty and Rights Und�r this Security <br /> I nstrument. �f(a}Borrower fai�s to p�rform the co�enants and agreements contained in this Security <br /> Instrument,(b}there�s a lega�proceeding�hat might s�gnificantly affe�t Lender's interest in the Property <br /> andlor rights under th�s Security Instrument(such as a proceeding in bankruptcy,probate,for condemnati�n <br /> or forfeiture, for enfarcement of a lien which rnay atta�n priority over th�s Security�nstrument or to <br /> enforce laws�r regulations}, or(c}Barrawer has abandoned the Proper�y,then Lender may do and pay <br /> for whatever is reasonab�e or appropriate to protect Lender's interest in the ProperCy and rights under this <br /> Security Instrument,inc�uding protecting andlor assessing the value of the Prop�rty,and secur�ng andlor <br /> repairing th�Property. Lender's actions can inc�ude,but are not limited ta: �a}paying any sums secured <br /> by a iien which has priority aver this Security�nstrument;�b}app�aring�n court;and(c}pay�ng reas�nab�e <br /> attorneys'fees to pr�tect its interest in the Property andlor rights under this Secur�ty Instrurnent,inc�uding <br /> its s�cured pasition in a bankruptcy proceeding. Securing the Properry includes, but is not limited t�, <br /> entering the Property to make r�pairs,change locks,replace or b�ard up doors and windows,drain water <br /> from pipes,eliminate build�n��r other code�iolations or dangerous conditions,and have utilities turned <br /> on or off. A�though Lender may ta.ke action under this Secti�n 9,Lender daes not ha�e to do so and is <br /> not under any duty or obligation to do so.It is agreed that Lender�ncurs nfl liabil�ty for not taking any <br /> or aIl actia�s authorized under th�s Section 9. <br /> Any amounts d�sl�ursed by Lender under this Sect�an 9 shall became additional debt of Borrower secured <br /> by this Se�urity�nstrurnen�.These amounts shall hear interest at the N�te rate fram the date of dis�ursement <br /> and shal�be payabl�,w�th such interest, upan n�tice from Lender to Borrower re�uesting payment. <br /> If this Security Instrument is on a leasehold,Borrower shall comply with all the provisions of the lease. <br /> If Barrawer acquires fee t�tle ta the Property,the leasehold and the fee t�tle shall not merge unless Lender <br /> agrees ta�he merger in writing. <br /> 'I�. Martgage I nsu rance. If Lender required Mortgage Insurance as a condit�on of rnaking the Loan, <br /> B�rrower shall pay the premiums required to maintain the Mor�gage Insurance in effect.If,for any reason, <br /> the Mortgage Insurance co�erage required by Lender ceases to be a�ailab�e from the mortgage �nsurer <br /> that previous�y pr��ided such insurance and Barrower was requ�r�d to make separat�ly designated <br /> pa�ments toward the premiums for M�rtgage Insurance, B�rrawer shal�pay the premiums requxred to <br /> obtain coverage suhstantially equivalent ta the Mortgage Insurance previ�usly in effect, at a cost <br /> substantially equivalent to the cost to Borrower af the Mor�gag�Insurance previously in effect, from an <br /> alternate mortgage insurer se�ected by Lender. �f substantially�qu��alent Mortgage Insurance coverage <br /> is not a�ailable,Borrower sha11 cantinue to pay to Lender the amnunt of the separately designated <br /> payments that were due when the insurance coverage ceased to be in ef�'ect. Lender will accept, use and <br /> retain these payments as a non-refundable �oss reserve �n lieu of Mortgage Insurance. Such lass reserve <br /> shall be nan-r�fundable,notwithstanding the fact that the Loan is ultimately paid in ful�,and Lender shall <br /> 119569791 fi <br /> NEBRASKA-Single Family-Fannie MaelFreddie MaG LJNIF�RM INSTRl1MENT �? Form 3�28 11�1 <br /> VMP� D3113 <br /> Wolters Kluwer Finan�ial Services 2014�4184.�.1.2529-JZ�13D8z8Y Initials: Page S af 17 <br /> *HLD1195fi979�fi1�23* <br /> i <br />� <br />
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