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201404600
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Last modified
7/20/2017 8:09:39 PM
Creation date
7/28/2014 10:46:37 AM
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DEEDS
Inst Number
201404600
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��14�4��� <br /> far�he repairs and restorati�n in a single payment or in a ser�es af progres�payments as the work is <br /> cflmp�et�d. �f�he insura.nce�r candemnation prnceeds are nat suff��ien�to r�pa�r ar rest�re the Proper�y, <br /> Borrower is nfl�re��eved�f B�rrawer's ob���ation f�r�he completian af such repa�r or restara�ion. <br /> Lend�r or i�s ag�nt may mak�reas�nable entr�es upon and irzspec��ons af th�Proper�y. �f�t has reasonabl� <br /> cause, Lender may�nspec��h�interior af the xmpro��ments on the Prnperty. Lender sha�� g�ve Borrower <br /> nat�ce a�the�ime of�r prior to such an interi�r�nspecti�n specifying such r�asona��e cause. <br /> 8. Borrawer's Lnan Applicativn. Borraw�r sha��be in defaul�if, during the L�an application process, <br /> Borrower or any persans or en�xt�e� act�ng a�the d��e�tion of B�rrower or with B�rra�er's knavvl�dg��r <br /> cansent gave material�� fa�s�, mis�eading, or�naccura�e�nforma�ion or sta�ements to Lender��r fai�ed to <br /> prfl�ide Lender w�th material znf�rmat�vn} in connec��on w��h�he Loan. Mat�ria� representa�ions �nGlude, bu� <br /> are n�t l�m.ited to, represen�at�ons concerning B�rrower's accupancy�f�he Property as Borro�er's pr�nc�pai <br /> r�s�derice. <br /> 9. Pr�tecti�n of Lender's lnterest �n the Property and R�ghts Under this Secur�ty Instrumer�t. If�a} <br /> Borrower fails�o perform�he ca�enants and agreem�nts contained in this �ecur�ty �nstrumen�, ��}�here is a <br /> �ega�proceeding tha�m�i.gh�signzf��antly aff��t Lender's interest in the Proper�y andlor rights under this <br /> S�cur���r Xnstrument�such as a pra��eding zn ba.n�ruptcy, pr��ate, for candemna�ion ar forfe�ture, for <br /> er�forcemen�of a li�n u�hich ma�r attain pri�r�ty o�er�h�s Secur�ty�nstrumen�ar t�enfarc�Iavvs or <br /> regula�iQns}, or�c} Borro�er has abandan��the Praperty, th�n Lender may do and pay for whatever�s <br /> r�asonahie flr appropriate ta protec�Lender's interest zn the Proper�y and rights under th�s Securi�y <br /> �ns�rum.ent, in��uding prote�ting andl�r a�sessing the value of th� Propert�r, and s�curing andlor repa�ring <br /> the Praper��. L�nder's actions can�nc�ude, but are nat 1�mited t�: ta}pay�ng any sums secured by a 1 i�n <br /> which has pr�ority o�er�his Security �nstrumen�; �b} appearing in c�ur�; and �c�payzng reas�nab�e a�torneys' <br /> fe�s�o pro�eCt�t� int�r�s� in the Property andlar r�ghts under�his Security Instrument, �ncluding �ts se�ured <br /> pas�tion in a bankruptcy proceedzng. �ecuring�he Proper�y �ncludes, but is n��limi�ed to, �nt�r�ng�he <br /> Proper�y to malce repa�rs, �hang��flcks, replace ar board up doors and v��ndo�v�, drazn wa�er frarn�pipes, <br /> e��m�na�e bui�din�or oth�r�ode vi�lat�nns ar dangerous canditions, and have u����ties turned on or off. <br /> A�th�ugh Lend�r may take acti�n under thzs Se�t�nr�9, Lender does not have ta do so and is not under any <br /> duty or�b��ga��an�o do so. �t�s agr�ed that L�nder�ncurs no liabil��y for not tak�ng any or a�1 ac�i�ns <br /> autharized under this Sectian 9. <br /> Any amoun�s disbursed by Lender under this Sec�it�n 9 shall bec�me add��iona�deb�of Borrawer secur�d by <br /> this Se�urity�nstrumen�. These amounts shal�bear�nterest at th�No��rate frflm the da�e of di�bursemen� <br /> and sha���e payab�e, with such in�erest, upon nati�e fram Lender�o Borrower requ�s�ing�aym�nt. <br /> �f�h�s Security�nstrument is on a��aseh��d, B�rrovver sha11 c�mpl�r wi�h a�� the�rov�s�ons af�he iease. �f <br /> Borrawer acquires fee������Q the Proper�y, the�easeho�d ar�d the fee t���e�hal�not merge unless Lender <br /> agrees to the merger in�irr���ng. <br /> 'I�. M�rtgage lnsu�anc�. �f Lender requ�r�d Mortgage Znsurance as a c�ndition of making th�Loan, Borrn�v�r <br /> shal�pa�the premiums required t�ma�ntain�he Mor�gage�nsurance�n effec�. �f, for any reason, the <br /> Mor�gage Insurance c�verage requ�red by L�nder ceas�s to b�ava��ab�e fr�m the mor�gage xnsurer that <br /> prev��us�y prov�d�d such insurance and Borro�er was required to m.ake separately designa�ed paymen�s <br /> ta�ard�he premuums far Mortgage�nsurance, B�rrower shal�pay th�pren�.�.ums requ�red to obtazn c�v�rage <br /> substan��a�ly�qu��a.�ent to�he Mortgag��nsurar�c�previau�ly in eff��t, a�a cos�substantza��y equivalezat t� <br /> �he�as��o Borr�wer of the Mor�gage�nsuranc�prewiaus�� in�ffect, fronr�an a��erna�e mortgag�insurer <br /> se�ected by Lend�r. �f substantially e�u�va�ent N.�ortgag�Insurance�o�erage�s no�ava��ab�e, Borrower shal� <br /> NEBRASKA-5ing1��amily-Fannie Ma�IFreddie Mac UNIF�RM INSTRUM�NT �vrm 3a28 11(31 <br /> VMP[� VMPStN�f 4�3�2y <br /> Walte�s Kluwer Financial Ser�ices Page 8 af�7 <br />
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