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201403885
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Last modified
7/20/2017 11:39:12 AM
Creation date
6/30/2014 9:13:15 AM
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DEEDS
Inst Number
201403885
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201403885 <br /> for ihe rep�irs a�1d restoration in a sin�;le pay�lent or in a seiAies of progress paymen'ts as the work is <br /> completecl. If the insurance or condenulation proceeds �i•e not sufficieiit to i•epair or restore the Property, <br /> Borrower is not relieved of Borrower's oblig�tion for the coinpletion of such repair or restoration. <br /> Lender or its agent inay m�lce reasonable entries upon and inspections of the Property. If it has reasonaUle <br /> cause, Lender inay inspect the interior of the improvements on tlle 1'roperty. Lender shall give Borrower <br /> notice at the time of or prior to such an interior iilspection specifying such reasonaUle cause. <br /> 8. Borrower's Loan Application. Borrower shall be in clefault if, ciuring the Loan application pi�ocess, <br /> Borrower or any persons or entities ac[ing at the direction of Borrower or with Borrower's luiowledge or <br /> consent g�tve ma.terially false, misleading, or iiiaccurate information or statements to Lender(or f�iled to <br /> provide Lender with material information) in connection with the Loan. Material representations include, Uut <br /> are not limited to, 1 epresentations concerning Borrower's occupancy of the Property as Borrower's priiicipal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Right� Under this Security Instrument. If(a) <br /> Borrower fails to perforin the covenantis and agreeinents cont�ined in this S'ecurity Insti•umeTit, (b)there is a <br /> lega.l proceeding that�ght sig�ificantly afFect Lender's interest in t11e�Property and/or rights under this <br /> Security InstrumenL(sucli 1s 1 proceeding in bai�la•uptcy, prol�ate, for condemnatiion or forfeiture, for <br /> enforcez�.iezit of a lien wl�ich inay attain priority over this Security Instrument or to enforce l�ws ar <br /> regttlations), or{c)Borrower has ab�tncloned the Property, then Lender may do and pay for whatever is <br /> reasonavle oi•appropriate to�rotect Lender's interest in the Property at�cl rights un�ler tliis Secui�ity <br /> Instruinent, inclucling protectirzg and/or assessing the value of the Property, a�id seouring and/or repairing <br /> the Property. Lender's actions can it7cluda, but ai•e iiot liinited to: (a)paying aily sums secured Uy� lien <br /> wl�icli has priority over this Seourity Instrurnent; (b) a�pearing in cottrt; and(c)payiiig reasonable attorneys' <br /> Fees to protect its interest ir�the P7�operty and/or rights under this Sectuity Tnstruinent, 'including its secureci <br /> position in a bai�lc�uptcy proceeding. Securing tihe Property includes, Uut is not liinited to, entering the <br /> Propezty to malce repairs, change locics; replaae or board up door•s anc�windows, drain water fi•om pipes, <br /> eliminate building or other code violatioi�s or dangerous condi�ions, a�yd have utilities tLrrned on or ofF. <br /> Although L,ender znay t�ke action under this Section 9, Lender does not h�ve to do so and is not under any <br /> duty or obliga�ioi� to do so. It is agreed fh�t Lender incurs no liability for iioti talciizg�ny or all actions <br /> authorized under this Section 9. <br /> �iy aiilouiits disbursed by Leiider undar tihis Section 9 sh�ll become ldditional deUt of Borrower secured by <br /> this Security Instruinent. These ainounts sha11 bear interest�tt the Note rate froin the date oF disburseinent <br /> �11d shall Ue payable, with sitcli interest, upon notice fi�oin Lender to Borrower requesting payinent. <br /> Tf this Security Instrument is on� leasehold, I3orrower shall comply with all the provisions of the lease, If <br /> Boriaower aequires fee title to the Property, tlie 1a�selzold and tlle fee title shall�iot znerge unress Lenc�er <br /> agrees to the merger in writing. <br /> 10. M ortgage Insuranee. If Lender i•equired Mortgage Insurince as a condition of inalczng the Loan, Borrower <br /> shall pay tlie prenuums required to n�aint�iii the Mortg�ge Insurailce in efFect, If, for any reason, the <br /> Mortg�ge Tnsuruice cover��e required by Lender ceases to be av�il�ible from the mortgage insurer that <br /> previously provided such insui•�nce and Borrower was required to malce seplrately designated p�tyinents <br /> toward the preiniums for Mortgage Insurailce, Borrower shall pay the prernitiuns required to oUtain coverige <br /> subst�ztia�lly equivalent�o the Mort�age Insurance previottsly in effect, at a cost substantially equivllen�to <br /> the cost to Borrower of t11e Mortgage Iiisurance previously in eFfect, froin aii alternate mortgage insurer <br /> selected Uy Lender. If substaritially eqLtivalent Mortgage Insura�lce oover�cge is not availabla, Borrower shall <br /> 24006238 <br /> NEBRASKA-Single Famlly-Fannie Mae/Freddle Mac UNIfORM INSTRUMENT Form 3028 1I01 <br /> VM P O VM P6(NE)(1302) <br /> Wolters Kluwer Financial Servlces Page S of 17 <br />
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