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201405130
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Last modified
7/20/2017 8:21:07 PM
Creation date
8/20/2014 12:59:33 PM
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DEEDS
Inst Number
201405130
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��14�513� <br /> for the repairs and restoration�n a s�ngie paymen�or in a series�f pr�gress payments as the work is <br /> complet�d. �f the�nsurance or condemna�ion pr�ceeds are n��suffi�ien��� repair or r�s�or�the Property, <br /> Borrower�s no�reiie�ed of Borrov�rer's obligatian for the c�mpletion�f such repa�r or restoration. <br /> Lender or its a�ent may make reasflnab�e�n�r�es upan and inspections of�he Proper�y, �f it has reasonabl� <br /> cause, Lend�r n�ay �nspect the interiar af the impro�ements on the Property, Lender shall gi�e Borr�wer <br /> not�ce at the tinr�e af Qr pr�or to such an interior in�pee�ion specifying such reasonab�e caus�. <br /> 8. Barrawer's Lvan App��cativn. Borrower shal�be i�defau�� if, du�ring the Loan applica�i�n process, <br /> Barrower or any p���ons or en�ities act�ng at the direc��on of B�rrower or with Borrow�r's k�owiedge or <br /> consent ga�e mater�a�Iy false, m�slead�ng, or�naccura�e�nformation�r s�atements ta Lender�or fail�d ta <br /> pro�id�Lender with mater�al infarma�ion} �n c�nnec��on wi�h the Laan, 1V�ater�a� representati�ns inciud�, but <br /> are n�t 1imi�ed to, represen�at�ons�on�ern�ng Barrov�er's occupancy of�he Property as Borrov�er's principa� <br /> r�sidence. <br /> 9. Protectivn ❑f Lender's �nterest in the Property and F�ights Under this Security instrument. If ta} <br /> Borrower fa�ls t�perform the c�venan�s and agree�nen�s c�nta�ned �n�h�s Se�ur�t� �nstrun�ent, �b} �h�r�is a <br /> I�ga�prace�ding�hat might s�gnifi�antly affec� Lender's interest in the Proper�y andlor rights under th�s <br /> Securi�y �nstrument �such as a pro�eed�ng in bankruptcy, pro�ate, for condemnation or forfeiture, f�r <br /> enfarcemen�af a lien which ma� a�tain pr�ori�� o�er this Security Ins�rumen�or�o enforce laws or <br /> re�ula��ons}, or�c} Borrawer has abandflned�he Prnperty, then Lender may do an�pay for what��er is <br /> �reasana�le or appraprzate�o pro���� L.�nder's interes��n t�.e Property and r�ghts under th�s Se�uri�y <br /> Instrument, including protec�ing andlor as�essing the value of�h� Propert�, and securing a�adlflr r�pairing <br /> �he Propert�. L�nder's actions can include, bu�are not limit�d��: �a}paying an� sums secured b�r a��en <br /> wh�ch has pr�ori�y oWer th�s Securi�y Instrumen�; �b� appear�ng�n c�ur�; an��c�paying reasonabie attarneys' <br /> fees to protect i�s�nterest in�he Propert� andlor righ�s under th�s Se�ur�ty �nstrumen�, incXudzng i�s secured <br /> posit�on in a bankruptcy proceeding. S�curing the Prflper�y include�, bu��s nat lim.i�ed�o, en�er�ng�he <br /> Pr�p�rty to ma��repairs, change�acks, r�pla��or baard up daors and w�ndovvs, drain water from pipes, <br /> elimina�e bui�ding or o�her c�de�iola��ons ar dang�rnus Gondi�ions, and have uti�i�ies�urned on or off. <br /> A��hough Lender ma��ake action under�his Sec��on 9, Lend�r does not have�o do so and �s not under any <br /> du�y or obligat�on ta do so. �� �s agreed�hat Lender�ncurs no �iabi�ity for not takin� any or a�� acti�ns <br /> au�horized under this S���ion 9. <br /> Any am�unts disburs��by Lender under this�ec�ion 9 sha�i becom�addi�ionai debt of Borrower se�ured by <br /> �his Securit� �nstrumen�. These am�un�s sha��bear in��res�at th� Note rate fr�m�he da�e of disbursement <br /> and shall�e pa�rable, �ri�h such in�erest, upon no�ice from Lender�o B�rr�wer reque�ting paymen�. <br /> �f�his Securit�Ins�rument is on a l�asehold, Barrov�er shai��omp�y wi�h a�� the pravisinns of t�e�ease. �f <br /> Borrower acquires f�e�itie�o the Proper�y, �he 1ea��hold and�h�fee t�tle�hail not merge unless I.�nder <br /> agrees tfl the merger�n vwri�ing. <br /> '1 D. Mvrtgage �nsurance. If Lender requ�re�i Mortgage Insurance as a�ond��ion of maki�g the L�an, Borrower <br /> sha��pa�th�pr�miums required�o maintain�he Mortgag�Insurance i��ffec�. If, f�r any reasan, �he <br /> Mar�gage�nsurance caverage requ�red by Lender ceases �a be a�ailable fram the mar�gage�nsurer tha� <br /> pre�iously pro�ided such insurance and Borr�wer v�as requ�red t�make separa�e�y designated payments <br /> toward the premiums for Mor�gage Insurance, B�rrower shall pay�he premiums required to obtain co�erage <br /> substantiall�r equivalent to the Mor�gage Insuranc�pr��iously in effect, at a��s�subs�antially equi�a�ent to <br /> �he cos�to B�rrower af the Mnrtgag� �nsurance previaus�� �n�ff�c�, from an al�ernate mart�ag�insurer <br /> selec�ed by Lender. �f subs�ant�aliy equi�alen�Mor�gage�nsurance Ca�erage�s na�a�ra��a�le, Borrower shall <br /> NESRASKA-Single�amily-Fann�e MaelFreddie Mac UNi�ORM INSTRIlMENT Farrn 34�8 11�� <br /> VMP Q VMP6{NE){i 3�2y <br /> Wolters If i�wer Fin�ncial Ser�ices Page 8 af 9 7 <br />
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