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201406623
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Last modified
7/20/2017 9:18:26 PM
Creation date
10/20/2014 9:19:15 AM
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DEEDS
Inst Number
201406623
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��14����3 <br /> for the repairs and r��t�ratian in a single payn�.ent or�n a series of progress pa�m�nts as the wark is <br /> comp�eted. �f�he insurance ar candemna�ian proceeds are nQ�suf��ci�nt t�r�pair or r�st�re�he Proper��, <br /> Borrower�s n�t reli��et�af Borrower's�bi�gation for�he�ompxe�ion of such repair or res�oration. <br /> Lender or�ts agent may make reasonable en�ries upon and inspec��ans�f th� Proper�y. �f�t has reas�na�ie <br /> cause, L�nder may �nspect�he interior of the improvements on the Pr�ger�y. Lender sha�� g��e Borrower <br /> n�tiGe at the time of or pr�ar to suCh an in�erior inspection specifying such reasonable cause. <br /> 8. Bvrrower's Lvan Applicati�n. Bflrrnvver sha��be�n defau��if, dur�ng�he L�an app�ica�ian process, <br /> Barrov�er or any persans or entit�e� acting a��he dire�tiQn�f Barr�wer or w��h Borrower's knowledge or <br /> consen�ga��materzai��fatse, m�sleading, or inaccura�e informa�ion Qr statements to Lender��r fa��ed�o <br /> provid� Lender with mater�al �nf�rma�ion} in connectian wi�h the Loan. Ma�eria� representati�ns in.�lude, but <br /> are n����mit�d to, representat�ons concerning B�rr�wer's�ccupanC�nf�h�Property as Barrav�er's pr�nc�pal <br /> re��d�nce. <br /> 9. Pratectivn �f Lender's Interest in the Property and Rights Under this SeGurity �nstrum�nt. �f�a} <br /> B�rrower fails �o perfor�m the co�enan�s ar�d agreernents contained in this Secur�ty Instrument, �b}there is a <br /> �ega� praCe�ding that might signi�cantly affec�Lender's znteres�in the Praperty andlor righ�s under thi� <br /> Securit�r �nstrum�n��such as a proceed�ng in�ankruptcy, probate, f�r condem.nat�on�r farfeiture, far <br /> enf�rcement of a�i�n whzch may a��ain pri�rity�ver this Security �nstrumen�ar ta�nforce�aws or <br /> regula�ions}, or�c} Borr��ver has ahandaned the Prop�r�y, then L�n�er may do and pay for whatever�s <br /> reasnnable ar apprapriate�o pratec� Lender's znterest�n�he Proper�y and r�gh�s under thi� S�curity <br /> �nstrum�nt, inc�uding protecting andlor assessing�he va�ue af the Property, and se�ur��g andl�r repairing <br /> �he Praper��. Lender's ac�ions can include, bu�are no��imited t�: �a}pay�ng an�r sum.s secured b�r a��en <br /> which has prior��y o�rer th�s Security �nstrum�nt; �b} appearing in court; and �c}pa�ing reasanab�e att�rneys' <br /> fees t�pr��ec�i�s int�r�s� in�he Proper�y andlor righ�s under th�s 5�curity Ins�rumen�, including i�s se�ured <br /> p�s�tzan zn a bankrupt�y proceeding. Securzng the Proper�� �ncludes, but is not�imited to, entering�he <br /> Property t�make repairs, change l�cks, r�p�ace or board up door�and vc�indows, dra�n water fr�m pipes, <br /> eliminate bui�ding or��her code�v��lations flr dangerous canditzons, and�a�e uti�i��es turned on or off. <br /> Aithough Lender m�ay take action under th�s�ec�ion 9, Lend�r daes not ha�e to da sv a�ad is no�und�r any <br /> du�y or ob�igation to do sa. �t is agreed that L�nder incurs no lzabi�it� for n��taking any or all actions <br /> au�harized under this Sectian 9. <br /> Any amounts d�sbursed by Lend�r under�his Sec�ian 9 shall bec�me additianal debt of Barrower s�cured b� <br /> �his Securi�� Instrum.en�. These am�unts sha1�bear�n�erest a�the Nate ra�e from�he da�e af disburs�men� <br /> and shal��e payabl�, with�uch�nterest, upon notice fr�m L�nder to Borrower requesting payment. <br /> �f this 5ecur�ty �nstrument is on a Itaseho�d, Borraw�r sha�l comp�y w�th ax� the provisinns of�he l�ase. �f <br /> Borrawer acqu�res fee��t�e ta �h�Prtiperty, the leasehold and�h�fee t�t�e shali n�t merge un�ess Lender <br /> agrees�o�he merger in wr���ng. <br /> ��. Martgage lnsuran��. If Lender required Mortgage Insuranc�a�a can��tzan�f ma.king the Loan, B�rrower <br /> sha�l pa�r�he premiums required ta main�ain the Mor�gage�nsurance in effe�t. �f, f�r an� reason, �he <br /> Mor�gage�nsurance coverage required�y Lender ceases to be a�ailable from�he mortgage insur�r that <br /> previ�usly provid�d such znsurance and Borrov�er vuas requir�d to mak�separately designated paymen�s <br /> taward�he prerniums for M�r�gage�nsurance, Borr�w�r sha��pay�he prem�ums requ�red to ob�ain caWerage <br /> substan�iai�y e�uzvalen�to the Mor�gage Insurance prevzously �n effect, at a cost su�stan�ial�y equivalent to <br /> ��e�os��a Borrower of th�Mar�gage Insuranc�previousl� in effec�, fram an a�terna�e mor�gage�n�urer <br /> sele�ted by Lender. �f substant�a��y�qu�va�en� Mortgage Insurance co�erag�is not ava��ab�e, Borrawer sha�l <br /> NESRASKA-Singi�FamiEy-Fannis Mael�reddi�Mac UNlFQRM ENSTRUMENT Farm 3L328�IO'� <br /> VMP[� VMP6tN�)t13D2y <br /> Walters Kluwer Financial 5er�ices Page 8 a�17 <br />
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