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201404088
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Last modified
7/20/2017 7:57:42 PM
Creation date
7/7/2014 10:30:57 AM
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DEEDS
Inst Number
201404088
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��14�4�SS <br /> far�he repairs a.�d r�s�oration in a s�ng�e payment�r in a series�f pr�gress paymen�s as the work is <br /> completed. If the�nsurance or c�ndemna�i�n pracee�s are no� suffic�en�to repazr or restflr��he Praper�y, <br /> B�rrower�s not re���ved of B�rrov�er's abl�gat�on for the campletian of such repair ar res�oratior�. <br /> Lender or its ag�n�ma�r make rea��nable entries upon and inspe��z�ns of the Praper��. If��has reasanab�e <br /> cause, L�nder rnay ins�ect�he in�erinr af the impr�vements on�h�Pr�perty. Lender�hal� g��e Borrower <br /> n�tice at the time of�r pr��r t� such an�n�erzor�nspection speG�fy�ng �uch reasonable cause. <br /> 8. Bvrrvwer's Lvan Applicativn. Barrower sha�� be�n defauit �f, dur�ng�he Loan applicatian pr�c�ss, <br /> Borrower or any pers�ns or entz��es act�ng a��he d�rect�fln Qf Borro�r�r ar���h Barrawer's�now��dge or <br /> c�nsen�ga�e material�y fa�s�, mzs�ead�ng, �r�naccura�e�nforma��on�r stat�ments�a Lender�or fa��ed to <br /> pro�ide L�nder wi�h rnat�r�a� �nformat�on} zn conn�ct�an w�th the Loan. Materia� represen�a���ns includ�, but <br /> are not��m��ed t�, repres�ntatians conc�rning Borra��r's occupancy of the Prap�rty as Borrower's principal <br /> residence. <br /> 9. Protect�vn ❑f Lender's �nterest in the Property and Rights Under this Secur�ty Instrument. �f�a} <br /> Borr�w�r fa�is to perform the covenants and agreements c�ntained in this Security �nstrum�nt, �b} ther�xs a <br /> legal pr�ce�ding tha�might significan�ly affect Len�er's interest in the Proper�y andlor right�und�r thzs <br /> S��urzty Instrum�nt�su�h as a praCeeding�n�ankrup�cy, probate, for c�ndemnatian or f�rfeiture, for <br /> enfor�em�n�of a lien wh�ch may at�a�n pr��r�ty Qver�hxs Secur�ty �ns�rum�nt or�a enforCe Iaws ar <br /> re�u�at��ns�, �r�c}Borrov�r�r has a�andaned the Prap�r�y, �hen L�n�i�r ma�da and pay for whatever is <br /> reasonab�e or appropriate to prot�ct Lender's in�erest�n the Praperty and rights und�r th�s Security <br /> �ns�rument, inc�ud�ng pr��ecti�g andlor assessing the�alue�f the Proper�y, and secur�ng andlor repairing <br /> �he Prope�.y. Lender's a���ons can include, but are n�t limited t�: �a}pa�ing any sum.s secured�y a lien <br /> which has priority over thx�Secur��y �ns�rument; �b} appearxng �n caurt; and ��}paying r�asonable a�torneys' <br /> fees t�protec�its in�erest in the Pr�perty andlar righ�s under this Security �n�trumen�, inc�ud�ng x�s secured <br /> p�sxtz�n in a�ankruptcy prace�ding. Securing the Praperty includes, but is no�limited to, en�erzng th� <br /> Prop�r�y�o make repa�rs, change locks, rep�ace or board up da�rs and vvindo�s, drazn�vat�r from pipes, <br /> �liminate buildzng or other code�iala�i�ns�r dangerous c�ndi�ions, and ha�ve util��zes�urned an�r aff. <br /> Although L�nd�r may�ak�ac��on under th�s Sec�z�n 9, Lender does not have�a do so and is n��under any <br /> duty or ah�iga�zori�o do so. �� zs agre�d�hat Lender �ncurs na l�ab��it�r for n��taking any or a�� ac�ions <br /> authari2ed under this�ecti�n�. <br /> Any amoun�s d�s�ursed hy Lender under th�s�eG�zon 9 shal�become addxt�ana�deb�of Borrower secured by <br /> this Securit� Instrument. These amounts sha����ar interest at the Note rate from the date of disbursement <br /> and sha�� b�paya�le, with such interes�, upan not�ce from Lender to Borrower reques�ing payment. <br /> �f this Securxty �nstrumen�is on a leasehald, Borrower shal� comply wi�h aIl the pravis�ons of th�leas�. If <br /> Bar�ow�r acqu�res fee t�tl�to the Pr�per�y, the leasehnld ar�d the fee title shall nat merge uniess L�nder <br /> a�re�s to the rnerg�r�n wri�ing. <br /> '1�. Mortgage �nsurance. �f Lender re�u�red N�or�gage Xnsurance as a cond�t�on of making th�Lnan, Borrovver <br /> sha��pay the premiums requ�red to ma�nta�n the Mortgage�nsuranc�zn effect. If, for any r�ason, �he <br /> Mor�gage�nsurance co��ra�e requzred by Lender ceases to be available fro�m the mor�gage�nsurer tha� <br /> pr�v��us�y pr��ided such insurance and Borrower was re�uzr�d�a mak�separa�ely des�gnat�d payments <br /> �a�vard th�prem�ums for Mor��age�nsurance, Borrawer shall pay�h�prexniums required �a obta�n coverage <br /> subStan��a�iy�quivalent to the Martgag��nsurance pr��inusiy in�ffe�t, a�a c�st substan�ia�ly equi�aient�o <br /> t��cost to B�rrflv��r�f�he M�rtgage Insurance prev�ous�� in�ff�ct, fr�m an alt�rnat�martgage insurer <br /> selecte�.by Lender. If substa.nt�ally�quz�a��nt Mortgage�nsurance co��rage is not ava�labie, Borr�wer shal� <br /> NEBRASKA-5ingle Family-Fannie Mael�reddie Mac UN1��RM INSTRUMENT Form 3Q28 1101 <br /> VMP� VMPfitN��t7 342) <br /> Wolters Kluwer Financial Ser�ices Page 8 of 17 <br />
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