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201404984
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Last modified
7/20/2017 8:18:00 PM
Creation date
8/12/2014 1:04:07 PM
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DEEDS
Inst Number
201404984
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��14�4954 <br /> fi. �ccupancy,Borro�er sha��occupy, establish, anc�use the Property as Borrower's principal r�sid�nce <br /> w�thin G�days after t��executian of this Securit�r In�tru.ment and sha11 continue to occupy the T�roperty as <br /> Borrower's prinGipal resid�nce for at least ane year af�er the date of occupancy,unless Lender otherwise <br /> a.grees in writing,which c�nsent sha�t n.o�be unreasonably withheld,or unless extenuat�ng circumstan�es <br /> ex.is�which are beyo�d Borro�ver's control. <br /> 7. Pre�ervativn,Ma�ntenanceand Protectivnof ths Proper�ty;Insp�ctions.Borrawer shall not destroy, <br /> damage ar�mpair the Froperty,al�ow�h�Property to deteriarate or c�mmit waste on the Property. �Vhether <br /> or not Borrower is residing in the Property,Borrawer sha11 maintaia the Property in order ta prevent the <br /> .Property from d�teriorating or decreas�n��n value due to its candition, Unless�t is determined pursuant to <br /> Sect�on 5 that repair or restoration is not ec�nomi�al�y feas��le,Borrower shall promptly repau the Froperty <br /> �f damag�d to a�o�d further deterioration or damage. If insurance or condemrlatian proceeds are paid in <br /> connect��n with damage to,or th�fi.a.king of,the Proper�y�Borrawer sha�l be responsibl�for repairing or <br /> restaring the Property only if L�nder has re�eas�d proceeds for such purposes. Lender may dis�burse�roceeds <br /> f�r the regairs and restoratio�in a s�ngle payrnent or in a series af progress payments as the wark is <br /> comp�eted. If the insurance or condern�atian praceeds are not sufficient to repair ar restor�the Property, <br /> Borrower is nat r�li�ved of Barrawer's abligatian for the completion of such repair or restorat�on. <br /> Lender or its agent may make reasanable entri�s upon.and inspec��ons�f the Froperty. If it has reasonab�e <br /> cause,Lender may inspect the interivr af the impro�ements on the Propert�r. Lender sha11 gi�e Borro�ver <br /> natiee at the t�me of or prior to such an iateriar inspection specifyin��uch reasonable cause. <br /> $. �or��wer's Loa�Ap�plsr.at�vn.Borrower shall�be in default if, during the Loan applicat�on pr�cess, <br /> Borro�ver or any per�ans or entities acting at the d�recti�n of Borrower or�vith Borrawer's knowledge or <br /> consent ga�e materia��y false,misleading,or iaaccurate informa��on or statements to Lender(or failed ta <br /> pro�ide Lender with material inf�rmation)in connection with the Loan.Ma�erial representations include,but <br /> are not limited to,representations cancern.�ng Borro�ver's accupancy of the Property as Borrower's principal <br /> resi�ence. � <br /> �. Prvtectionof Lende�'s�nterest in the Prvpertyand Right�Under this Security Instr�ument.I#'(a3 <br /> Borrower fails to perform the cnvenant�and agreemen.ts contained�n th�s 5e�urity Instrument, (b}there is a <br /> legal praG�eding that might signif�cantly affect Lender's interest in the Property andlor rights under this <br /> Security Instrument(such as a pro�eeding ia banl�ruptcy,probat�, f�r condemna�ion nr forfeiture, far <br /> enforcement of a 1i�n wh�ch may attain priarity aver this S�curity Instrument or to enforc�laws or <br /> regu�atx�ns�,ar�c��3orro�ver has aban���ed the I'roper�,�hen Lender may do and pay for�hatever is <br /> reasonable or apprapriate to protect Lender's�nterest in the Proper�y and rights under this Secur�ty <br /> In.strument,iaclud�ng prot�ct�ng and�or assessing the value af the Property,and securing andlor repairing <br /> the Property. Lender's actions can include,but are not limit�d to: (a)paying an�sums secured by a lien <br /> which has priority a�er this Secur��y Instru.ment; �b}appearing in c�u�t;and(c}paying reasonable attomeys' <br /> fees ta protect its interest in the Pr�perty andlor ri�hts under thi�Secur�ty Instrument,in��uding its secured <br /> positian i�a�ankrupt��groceeding. Securing the Property�ncludes,but is not limited to,entering the <br /> Property ta make repairs,change lock�,replace or board up doors and windows,drain water from pipes, <br /> elirninate building or other code�io�ations�r dangerous conditions,and have utilities turned an or off. <br /> Although Lender may take act�on under this Sectian 9,Lender does not ha�e to do so and is not under any <br /> duty�r obligatian to da so. It is agreed that Lend�r incurs no liability for no��aking an�or a11 actions <br /> auth.orized under this Section�. <br /> q433281�6�42 �233 351 4$17 <br /> NEBRASKA�ingle Family-Fannie MaelFr�sdd�e Mac UN�F�RM INSTRLlMENT WITH MERS � � Fomn 342B 9141 <br /> VMP� VMP6A�NE�(1342}.4(3 , <br /> Vllotters Kluwer Financial 5enrices Page 8 af 17 <br />
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