201406789 - Laserfiche WebLink

Browse

��14��759 far�he repairs ax�.d restora�ion zn a sing�e payment or�x�:a ser�es of pragr�ss payments as the work is comp�eted. If�he�nsurance or condemnatYor��roceeds are not suf�c�ent to repa7x or restor��he Praper�y, Borrov�er is nat rel�eve�.�f Borro,txrer's flbligat�an f�r the completion.af such repair or restoratio�. Lender or i.ts agent rnay make reasanable ex�tr�es upon a�a:d inspect�on�of the Property. If it has reasonable cause, Lender may�rispect the znteriar of the�mprovements on the Property. Lender shall g�v�Borraw�r no��.ce a��.he time of or pr�or to such an inter�or�nspecti�n specifying such reasonable cause. 8. �rr�w er's Loan A pp[�c�t�an. Borrower sha.11 be xn defau�t�.f, during�.he Loan appl�catiaxx process, �orrower or any perso�.s�r ent�t�es a�ting at the direct�on af F�rro�xrer ar w�th Borrower's knativ�.edge or consent gave materially fa.Xs�, rn�sleadi�.g, ar�na�curate�nfarmatian or statemen�s to Lender�or failed�a provi.de Lender w�th material ir�.fonnation��.connectian w�th the Loan. Ma��rial representatians include, but are not Iim��ed to, representati:ons concernin�Borrawer's occupan.cy af�he P�o�er�y as Borrovver'�prineipa� res�dence. 9= Pr�tection of Lender�s �nterest In th� Pr�per�y and R��hts Under th�s Security Instrument. If�a} Barrower fai.I.s�o perform�he�ovenants and agreements contain�d in�his Securit�r Iz�:s�.rum�nt, ��}there is a �.ega.�proceeding tha��rught sign�.f�.carxt�y affect Le�der's�nterest 7:n�he Property arrd.�or r�ghts u�der this Secur�:ty It�strument�such as a proc�eda:ng ir�bank.ruptcy, probate, for c�ndem-�atron or forfe�.t�:re, far enf�rcement of a�.i.�n w�aich may atta�ix�prior�ty over this Seeu�ity In��x�ent or to er�forc��av�rs or regulatxo�.s}, or�c)Borro�wer has abandor�ed the Property, �hen Lender may do and pay for what�v�r is reasonable or appropriate to pra�ect Lender's��teres��n�he Propex-�y and rrg�.i�s under�his Security Instru�nen�, inc�.u�I.i.ng pratec��ng andlar asses�ing�he va�ue of the Property, a-t�d securing a��.dlor repa�ri�.a.g the Froperty�. L.erider's aetzons�a�incl.ude, but are not lirnitecl�o: �a�paying any su:ms secured by a Iieri -�rhich ha�pr�ority over this Security Ir�s�ru.ment; �b)appearing�rn cour�; and�c}paying rea:so�able at�orneys' fees�o pro�ec��s int�rest�n the Propex�.y andlflr r�gh.�s under�his Seeurity I��ru�ent, i.r�cluding�.ts secured pos��i.ox��n a ba.nl�ruptcy praceeding. Securin.g�he Property inc�udes, but is not�.imited to, er�tering the Pr�per�y to make repairs, chaazge Iocks, r�place or board up doars ax�.d w�ndows, dra�n water from pipes, eliminate bua�.dzng ar a�her code v�:o�at�o�s or dangerous cond.�it�.ons, and h:ave uti�rties turr�ecl on�r aff. A1thQu�i Lender may�ake actian under this Sect�on 9, Lender does not hav�to do sa and is not under any duty or obl.iga�ian�o d� sQ. It�:s agreed that Lender incurs n.o Iiab�lity f�r nvt�aking any or al�acti.ons auth�rized und�r�is Sectian 9. Ariy amounts d�sbursed by Lender under�his 5ect�an 9 shall become a.d,di��ona�debt of Borra�er secured by �s Secur�.ty Ins�rument. These am�unts shall bear interest a��h:e Note rate fram the d.a:�e af disbursement and shal�be�aayab�e, ,with such interest, upon r�otice f.rom Lender to Barraurer��qu�stirsg payment. If this Securxty Instrument is on a�.eas�hflld, Borra�ver sha��comply w�th alI the provisions of the�.ease. If Borrow�r acquires fee�it�e ta�he PrQpex-�y, �ie l�aseho�.d and the fee�i.t].e sha�I no�merge un�ess Lender agre�s�o the merger in writing. '�0� �ortgag� ln�ura�ce� If Lender required Mflr�gage Insurar�.ce as a condit�.o�.of mak�ng�he Laan, Barrower shall pay the premiums requ�red to ma�.ntain the Martgage Insura��e in.effect_ If, f�r any rea.san, the Mortgage Insurance coverage requ�red by�Lender ceases to be availab�e from�i.e mortgage in�ure�that �rev�ously prav�ded such��surance and Borrower was rec�uired�o make separ�.te�y designated paymen�s ta�vvard�ie prem.m�ums for Mor�gage In�uran.c�, Borro�wer s�a1].pay�he premiums rec�uired ta abtain coverage substar�tiall.y equ�.va.�ent to the Mortgage Insurance previo�s].y i:n effeet, at a cos�substa.nt�.al.�.y equivalent�a fih.e cost to�orrov�rer of the Martgage Insurance previous�.y i-�effect, from ar�alternate mor�gage�nsurer sel.ected by Lender. If subs�antial�.y�quivalent Martgage Insurance�overage is nat available, Barrower�ha�� 24�Q72G� NEBRASKA-SingEe Farn4�y�Fannie Ma�IFr�ddi�Nlac LINfF�Rh1[ 1N5TRUM ENT Farm 3028 11�1 VM�'fl VM PG�NE}{�3�2} Vllolters ECfuw er Financial Servic�s p��g��7