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201407074
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Last modified
7/20/2017 9:50:26 PM
Creation date
11/6/2014 1:54:00 PM
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DEEDS
Inst Number
201407074
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��14�7�74 <br /> �. �ccupancy.Borro�u�r shall occupy, esta.blish, and use the Proper�y as Barr�wer's principal res�dence <br /> within b�days after the execution of this�ecuri�y�nstrumen�and�hal�continue to occupy the Praper�y as <br /> Borrower's principal residen�e for at leas��ne year afte��he date of oc�upancy,unl�ss L�nder otherwise <br /> agrees in�vriting,�vhiGh consent sha11 nat be unreas�nably v�ithhe�d,or unless extenuating circums�a.nces <br /> ex�st which are beyond Borro�v�r's con�r��. <br /> 7. Pr�eser�ation,IVlaintenanceand Protectionaf the Property;Inspect�ons.Borrower sha��not destroy, <br /> damage or�mpau the Pr�perty,al�ow the Property to deteriorate or camm�t�aste on the Prapert�r. Whether <br /> or not Borro�ver�s r�siding in the Praperty, Borrawer shall maintain the Property in arder to pr��ent the <br /> Property from deteriorating or decreasing�n va�ue due to its�ondi�ion. Unless it is de�ermined pursuant to <br /> Section 5 that repa�r or rest�ration is not economical�y feasibXe,Borrow�r sha11 promptl�repair the Prop�r� <br /> if damag�d�o avoid further deteriora��on or damage. If insurance or condemnatian praceeds are paid in <br /> connection with damage#o,or the taking of,th�Prflperty, $orrower sha��be responsib�e for repair�ng or <br /> rest�ring the Property�nly if Lender has r�leased proceeds for such purposes. Lender may disburse proceeds <br /> for the repairs and restaration in a�ingle payment or in a s�ries of progress payments a�the�vork is <br /> comple�ed. If the insurance or condemnation praceeds are not suff��ient to repair or restore the Prap�rty, <br /> Bo�ro�►r�r is not r�Iieved t�f�orra�er`s�'�ligation far the comp�etion o�such repa�r�r r�storati�n. <br /> Lender or its agent may make reasonable entries upon and inspections of the Pr�perty, If it has reasonab�e <br /> cause, Lender may inspect the inter�or of the improvemen�s on the Froperty. L�nder shall give Borrower <br /> no�iee at the time of or prior ta such an interior inspection specifying such reasonable cause. <br /> $. Borr�o►n►er's Loan Applicat�an.Borrower sha�l be in default if, dur�ng�he Loan app�icat�on process, <br /> Borrower or any persons or ent�ties acting at th�direc�ion of Borrov�er or v�tith Barrower's kn�vvledge or <br /> consent gav�mat�ria��y f�.lse,rnisleading,or inaccurate information ar statements ta Lender�a�'failed t� <br /> provide Lender with materia� information}�n con.nect�on w�th the Loan. Material representation.s inclu�e,bu� <br /> are nat lirr��ted to,representations concern�n�Borr�v�er's occupancy of the Proper�y as Borrower's principa� <br /> re�idenc�. <br /> 9. Pr�te�t�or�of Lender's tnterest in t�e Prapertyand Rigi�ts Unde�this Securit�l�nstrument.I�(a) <br /> Borrower fai�s to perform#he covenants and agreements conta�ned in thi�Secur��y Inst�ment, (b}th�re is a <br /> legal�roceeding�hat m�ght signif�cantl�r affect Lender's interest in the Property andlor rights under this <br /> Security Instrument(such as a proceeding i�a bankruptcy,pr�bate, for cond�m�atiQn.or forfeiture, for <br /> enfor�ement of a lien which may attain priority a�er this Security Ins�rument or to enfarce laws or <br /> regu�ations),ar(c}Borrower has abatadoned the Property,then Lend�r may do and pay for�ha�ever�s <br /> r�asonable or appropriate�o protect Lender's inter�st�n the Property and right�under this Security <br /> Instrument, including protecting andlor assessing the value af the Property,�.nd s�euring andlor repairing <br /> �he Pro�erty. Lender's actions can inc�ude,but are not limit�d to: �a)paying any sums secured by a Iien <br /> �hich has priority over this Securi�y Instrument; (b�appearing�n court;and(c}paying reasonable attame�s' <br /> fees ta protect its inter�s�in the Proper�y andlor rights under this Secur�ty Inst�ument, including its secured <br /> pQsition in a ban�upt�y proc�edin.g. �ecuri�.g the�'rope�ir�cl�des,�u�.is not Ii�ited to,enterin.�t�e <br /> Property�o mak�repairs,change�ocks,replace or board up doors and�v�ndows,drain�vater fram�ipes, <br /> elimina�e building or other code�iolations or dangerous conditions,and have u�ilities turned an�r off. <br /> Although Lender may tak�action under this Section 9, Lender does not have tQ do so and is not under any <br /> duty ar obliga��an�o do so. �t is agreed that Lender incurs na liabil�ty for not tal�ing any or all acti�ns <br /> au�horized under this Section 9. <br /> q�333377�83� �233 24� 0$17 <br /> � <br /> NEBRASKA-5ingle Family-Fannie MaelFr�ddie Mac L1NIF�RM lNSTRkJMENT WiTH MERS —� �..� � Form 3428 91�1 <br /> VMP C� VMP6A�NE}(�3�2�A4 <br /> ttlfoiters Kluwer Finar��ial 5ervices Page g of 1? <br />
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