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201403031
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Last modified
7/20/2017 11:15:58 AM
Creation date
5/22/2014 12:42:30 PM
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DEEDS
Inst Number
201403031
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��14�3�31 <br /> S. �ccupanc�.�arrvtiver shall a�cupy, estab�i�h, and use the Fropert�as Borr�tiver�s principal resi�.ence <br /> within 6�days a#�er the execution of this Seeurity�nstrument and sha11 continue to occupy�he Propert�as <br /> $orrower`s principa�residence for at least one year a�er th�date of oceupancy,un�ess Lender other�vise <br /> agrees in vvriting,�hich�onsent shall not be unreasonabl��vithheld,or unless ext�nuating ci�cumstances <br /> e�ist which are beyand Borro�ver's control. <br /> �. Preservatian,l�ila�ntenanceand Prot�ctionof the Prvperty;Inspections.Borr�wer sha11 not destroy, <br /> damage or impa�r the Property,a�1ow the FrQperty to deteriorate or commit�aste on the Property. �Vh.ether <br /> or not Borrovv�r is residing in the Proper�y,Borr��ver shall maintain the Property in order to prevent the <br /> Property from�le�eriorat�ng or decreasing in value due to its condition. Unless�t is determined pursuant to <br /> S�ction�that repair ar restorat�on is not economically feas�ble,Borrower sha11 prom���y repair the Property <br /> if damaged to avoid further deterioration�r damage. If insu�'ance or condemnation.proceeds are paid in <br /> con.nectian�vith damage to,or the ta.l�ing af,the Property,Borr�wer sha�I be respansible for repairing or <br /> restoring�he Property only if Lender has released proceeds for such purposes. Lender may d�sburse prac�eds <br /> for th�r�pai.rs and restoration in a single payment ar in a series af progress paym�nts as the worl�is <br /> completed. If the insurance or condemnation proceeds are not sufficient t�repair or r�store the Property, <br /> Borrower is not relieved of Borr�wer's ob�igation for th�eorrYp�etion vf su�h repair or restoration. <br /> Lender or its agent may ma��reasonable entries upon and inspect�ons vf the Proper�y. If it has reas�nable <br /> cause,Lender may i�.spect the interior of the impro�ements on.the Property. Lender sha11 give Borrawer <br /> notice at the time of or priar to such an interior inspection specifyxng such reasonab�e cause. <br /> S. �vrra►�er's L�anAp�fi�ation.Borrower shail b� in default if, duri�g the Loan applicatian process, <br /> B�rrow�r or any persons or entiti�s acting at the direct�on of Borrower ar with Borro�er's knowled�e ar <br /> consent gave material�y false,misleading,or inaccurate information or statements tv Lender(ar failed to <br /> provide L�nder with materia�info�mation)in connection with the Loan. Materia�representations inc�ude,but <br /> are n�t lim�ted ta,representations c�ncerning Borrawer's accupancy of the Prop�rty as Borrower's principal <br /> residence. <br /> 9. Protectianof Lender's�nterest ir�t��Propertyand R�ghts Un�er this Security Instrument.If(a) <br /> �3orrotiver fails ta perform th�co��nants and agreements contained in this Security Instrument, �b)there is a <br /> legal proceeding that mig�t sign�ficantly affect Lender's interest in the Property andlor righ�s under this <br /> Se�urity Ins�.rument(such as a proGeed�ng in banl�ruptcy,probate, for condemnation ar forfeiture,for <br /> enforcement of a lien which may att�.�n priarity over this Security Instrument or to enf�rce laws or <br /> regulatians},or(c}Bor�rower has aband�ned�he Property,then L�nder may do�nd pay for what�v�r is <br /> reasonable or appropriate to prote�t Lender's interes�in th�Praperty and rights under this Security <br /> Instr�ument, includ�ng protect�n.g andlvr assessing the valu�of the Property,and se�curin�andlor repairing <br /> the Property. Lender's ac��ons can include,but�re not limited to: (a)paying any sums secured by a lien <br /> which has priarity o�er this Security Instrument;{b)appearin�in court;and(c}paying reasonable attorn.�ys' <br /> fe e s to protect its intere st in the Prap erty andl�r r�ghts unde�'this S e�urity Instrurnent,�n�lud�ng its secured <br /> positi�n in a bankruptcy proceeding. Securing the Proper�y inc�udes,but�s not limited to, entering th� <br /> Frop�r�y to�a,ke repairs,�hange�ocks,re�lac�or boa�d up doors and�rintiows,drain v�ate��rom pipes, <br /> eliminate bu�Iding or other code vialations or dangerous cond�tions,and have ut�Ii��es turned on�r off, <br /> ��though Lender may take a�tion unt�er this Se�tion.9,Lender dae�nvt have to do so and is not uncier any <br /> duty�r obligat�on to do so. It is agreed that Lender incurs n�o liab�Iity far not taking any or a11 actions <br /> aut�orized under this Section 9. <br /> qa�3��5�saa5 �3� zza as�.� <br /> IdEBRASKA-S€ngle Fami�y�annie Mae1Fr►eddie Mac UNiFQRM INSTRUMENT NI1TH MERS � � � Farm 342��101 <br /> V'!►I�P� VMPfiA=NE]�13�2}.�� <br /> Wofters Kluwer Fi�anciaf Services Page$of�7 <br />
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