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201404440
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Last modified
7/20/2017 8:06:34 PM
Creation date
7/21/2014 10:42:54 AM
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DEEDS
Inst Number
201404440
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��14�444� <br /> for th�repa�rs and restoration�n a si�ag�e paymen�or�n a ser�es of pr�gre�s paymen�s as �he work is <br /> Gompleted. If the �nsuranc�or candem�aat�an proce�ds are no�suf�icient to repair�r res�are�he Prflp�r�y, <br /> Borrourer�s n��rel�eved of Barraw�r's ob�xga��on for�he c�mpletian af such repa�r or restoration. <br /> Lender or its agent may make reasana��e entrie�upon and inspec���ns af�he Prflperty. �f it has reasonab�e <br /> caus�, Lender may �nspe�t the �nterior of the�mpro�ement�on the Pr�perty. Lender shail give Borrower <br /> noti�e a�the time of or pr�or to such an�nt�rior inspection specifying such reasonab�e cause, <br /> 8. 6orrowe�'s Loan Application. Borro�rer sha�l be in default if, during the Loan app��ca�ion process, <br /> Barrower or an�p�rsons or�n����es ac�ing a�th�dire�tion af Borrower or with Borrawer's knaw�edge or <br /> consen�ga�e nlater�a��y fa�se, mis�eading, or inaccura�e�nforma��on or stat�men�s to Lender�ar fail�d�o <br /> pr���de L.�nder w�th mater�al �nforma�ion} in conne�t�on with the Loan. Ma�er�al representati�ns �nc�ude, but <br /> are no�limi�ed to, representat�ons concerning Borrow�r's occupancy�f t�e Property as B�rrower's principai <br /> res�dence. <br /> 9. Rrvtectian af Lender's Interest in the Praperty and R�ghts Under th�s Security Instrument. �f�a} <br /> Barrower fails�o perfarm the co�enants and agr�emen�s con�ained in this Secur�ty �nstrument, �b� �here is a <br /> �egal proceeding tha�might s�gnificantiy affec�I.�nd�r's in�eres� in�he Proper�y andlor r�ghts under�his <br /> Security�nstrument�such as a pr����d�ng in bankruptcy, proba�e, for cand�mna�ion or forf�i�ure, for <br /> enforcement of a�ien wh�ch may a�ta�n pri�rity ov�r th�s Securi�y �nstrum�nt or to�nfor��laws or <br /> regula��ons}, or�c} Borrower has abandoned�he Prop�rty, �hen Lender may�o and pay far u�ha�ever is <br /> reasonabie�r appropriate to pro��ct Lender's in�erest in the Proper�y and righ�s under this 5ecu�rity <br /> �nstrurnent, including pra�ecting andlor assessing�he�a�ue of the Property, and secur�ng andlar re�air�ng <br /> �he Prop�rty. L�nder's actz�ns�an include, but ar��.nt��mit���a: �a}pay�ng an� sums secured by a li�n <br /> whi�h has pr�ari�y o�er�h�s Secur��y�ns�rurnent; �b} appear�ng �n cour�; and�c}pa�ing reasonab�e attorneys' <br /> fees��prote�t its interest in the Pr�per��andlor righ�s und�r this Se�ur��y�n��rum�nt, in�iudxng i�s secured <br /> pos�tion in a bankrup�cy proc�ed�ng. S�cur�ng th�Proper�y in�ludes, bu�is not l�nuted�o, en�ering the <br /> Proper�y t�make repa�rs, change locks, replace or board up doors and windows, dra�n wa�er from pipes, <br /> elimina�e bu�idin��r o�her code vi�lat�ons or dang�r�us conditions, and have util�t�es turned on or off. <br /> Al���ugh Lender m.ay�ake action under th�s Sec�xon�, Le�der does n�t ha�e to do so and is not ur�der an� <br /> du�y flr obligatian�o dfl so. �t is agreed tha� Lender incurs �o I�ab��i�y f�r not taking any or a�� act�ons <br /> authorized under�his Section 9. <br /> Any amoun��d�sbursed hy Lender under th�s Sect�an 9 sha���ecome addxt�onal debt of Borr�wer secured by <br /> this Se�urity �nstru�m.en�. Th�se a�mounts shal�bear intere�t at�he No�e ra�e froxn the dat�of disbursemen� <br /> and shali b�payabie, wi�h such interes�, upon no�i�e from Lender to Borrov�er requesting payment. <br /> If this Securi�y �nstrument is on a Ieasehold, Bflrr�wer shall�amply wi�h ai� the pro�is�ons af the Iea��. If <br /> Borrourer��qu�res f��t�tle to the Pr�per�y, �he Zeaseho�d and��ae fee ti��e sha��no�merge uniess Lender <br /> a�re�s �o�he merger in wri��ng. <br /> ��, M�rtgage Insurance. If Lender re�uired Mor�gage Insurance a� a candit�on�f making the Loan, Borr�wer <br /> sha��pay the prem.iumks requir�d�o rnainta�n�he M�r�ga�e �nsurance in effect. �f, for any reason, the <br /> N.�or�gage�nsurance coverage required by Lender c�as�s to be a�a�lable frarn the n�or�gage insurer t�at <br /> pre��ousiy provided su�h insuranc�and Borrower was requir�d to ma.ke separateiy de�ignated payments <br /> tovvard the premiun-�s for Mor�gage�nsurance, Borrower shall pay the premiums required�o obtain coverag� <br /> substant�a�ly equi�alen�to the Mortgage�nsurance previausly �n effe�t, a�a c�s�subs�ant�al��r equi�ra�en�to <br /> the cast tfl Borrower�f�he Mortgage I�surance pre�iously in effect, f�rom an a��erna�e mor�gage insurer <br /> selected by Lender. If substan�ially e�ui�a�en� M�r�gage Insurance co�erag�is not avai�able, Borro��r shax� <br /> N�BRASKA-Single Farr�ily-Fannie MaelFr�ddie MaG l3NIFQRM iNSTRUM�NT �arm 3�28 i I�i <br /> VMP� VMPfi�N�i�13�2I <br /> Wolters Kluw�r�inancial Ser�ices Page 8 of 17 <br />
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