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201405659
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Last modified
7/20/2017 8:29:25 PM
Creation date
9/9/2014 12:58:39 PM
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DEEDS
Inst Number
201405659
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��14�5�59 <br /> C, �ccupancy.B�rrower sha�1 occupy, estab�ish, and use the Property as Borrower's gr�nc�pal residence <br /> within 60 days after the execut�on of this�e�ur�t�Inst�ment and sha11 cantinue to o�cupy the Property as <br /> Borrowerts principal residence for at least�ne year af�er the dat�of ac�upancy,un�ess L�nder atherwise <br /> agrees in wr�t�ng,which consent sha11 nat be unreasonabty�vithheld,or unless extenuating c�rcumstances <br /> exist which are beyand�3orra�ver's control. <br /> l. Preserva#i�n,�aintenan�eand Protectionof th�Property;Inspectians.Borrower shai�not destroy, <br /> damage or impair the Property,a1low the propert�r to deteriorate ar commit waste on the Praperty. �hether <br /> or not Bonawer is r�s�ding in the Property,Borrower shali mainta.in the Property in order to prevent the <br /> Property�rorn de�eriorating or decreasing in value due ta its�ondition..Un�ess it is determined pursuant to <br /> Se�t�on 5 that re��.is or rest�ratian i�not economically feasible,Borro�►ve�shall promptly repau the Propert�r <br /> �f damaged to avoid further deterioratian or damage. If insur�.nce or candemnation praceeds are paid in <br /> con.n�ct�on with damage ta,or the ta.k�ng of,the Froperty,Borrower sha11 be responsible for repairing ar <br /> restoring the Pr�perty only if Lender has released praceeds for such purposes. Lender may disburse proceeds <br /> for the repairs and restora�ion in a single pa�ment or in a series of progress payments as the vvork is <br /> comple�e�i. If the insurance or condemnatian proceeds are not sufficient to repair or restore the Property, <br /> �arr�wer i�nat relieved�vf Borrower's ob�igation for the completion af such repa�.r�r restoration. <br /> Lender ar its agent may ma.1�e reasonabte entr�es upon and inspecti�ns of the Property,If it has reasona�le <br /> cause,Lender may insp�ct the interior of the impr�vements on the Fraperty. Lender shall give Borrower <br /> notice at the time af or prior to such an int�riar inspection specifying such reasonable�ause. <br /> 8. Bvrrvwer's Loan Appl�Gation.�orravver sha11 be in default if, during the Loan application process, <br /> �orro�ver or any pers�ns o�entities acting at the duectian of Borrower or with Borrow�r's knowledge or <br /> consent gave materially fa�se,misleading,or inaccurate information or statements to Lender�ar fai�ed ta <br /> pravide Lender with material informat�on}in conne�tion wit�i th�L�an. Material representations include,but <br /> are no�limited to,representations canceming Borrower's occupancy of the Property as�orrower's principal <br /> residence. <br /> 3. Prvtectionof Lender's interest in the Prap��yand Ri�hts Under thi�5�curity lns#rument.If�a} <br /> Borrower fails to perform the covenants and agr��ments con�.ined in this Securi��nstr�ment, (b}there is a <br /> lega�proceeding that might significan��y affect Lender's interest in the Froperty and�or rights under thi� <br /> Security Instrument�such as a proceeding in bankruptcy,probate, for eondemnation or farf�iture, for <br /> enforcement af a lien which may attain priority over this Security�ns�rument or to eafarce laws ar <br /> regulations),or(c}Barrower has abandoned�he Property,th�n Lender ma�do and pay for�vhate�er is <br /> reasonable or appropriate to protect Lender's interest in the Froperty and rights under this�ecurity <br /> Instrument, including prot�cting andlvr assess�ng the value of the ProperCy,and securing andlo�'repairing <br /> the Property.Lender's actions can i�nclude,but are not limited to: (a}paying any sums secured by a�ien <br /> which has prior�ty�ver this 5ecurity Instrument; (b�appearin�in court;and(c)paying reasonable attorneys' <br /> fees to pro�ect its interest i�the Property andlor rights under this 5ecurity Instxument, including its secured <br /> pflsitivn in a bankruptcy��rv�eed�ng, Securi�g th�Pro��r�y includes,but is not limited to,en#�ri�g t�� <br /> Property to make r�pairs,change locks,replace or boar�up doors and windows,drain water fr�m pipes, <br /> elimina.te building or other code viviations or dangerous con�itions,and ha�e utilities turned on or off. <br /> Al�hough Lender may ta,ke�ction und�r this Section�,Lend�r daes not have to do so and is not under any <br /> duty or obligation t�do so. It is agreed that L�nder�ncurs no�iability for not taking any ar a11 actions <br /> author�zed under this Section 9. <br /> q�333[�811749 �233 32� 4817 <br /> NEBRASKA�ingle Family-Fann€e MaelFreddie Ma�UN�F�RM INSTR�MENT WfTH MERS Form 3fl28 1141 <br /> VMP� VMPBA�NE}��3423.�� <br /> Walters K1uw�r Finan�i�f SeEvices Rage S of 17 <br />
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