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201407157
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Last modified
7/20/2017 9:51:54 PM
Creation date
11/13/2014 9:27:27 AM
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DEEDS
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201407157
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��14�7157 <br /> f�r�he repairs and restara��on in a single pa�ment ar�n a ser��s�f progress payments as�he work is <br /> c�mple��d. If�he�nsurance or condemnat�on praceeds are not suf�cie��ta repa�r or r�s�ore the Proper�y, <br /> BQrrQwer is n�t relie�ed�f Bnrrower's obligatian for the completi�n of su�h repa�r or restora�ion. <br /> L�nder or its agent may make reas�nabl�entr�es upon and insp�c�ians of the Proper�y. �f�t has reasonable <br /> cause, L�n��r may inspec��he�n�er�ar of�he �mprovemen�s on the Property. Lender sha�� gzve Borr�wer <br /> notxce a�th���me of�r pr��r t�such an in�erior�nspe���on specifying such reasonable caus�. <br /> �. Borrower's Loan App�icatian, B�rrower sha�l be in defau�t�f, dur�ng the Loan appl�cat�on process, <br /> Barrower or any per��ns or ent�t�es ��tin� �t the dir���i�n of Borr����r ar�ith B�rr����r's �na«��d��or <br /> cansen��ave materia��y false, misleadxng, ar inaccurate infarma�xon or stat�ments to Lend�r�or fai�ed to <br /> pra�ide L�nder�i�h materia� infor�mat�an� �n connection with the L�an. Mat�ria� repr�sentatzons �nc�ude, bu� <br /> are nat��mzt�d�v, repr�se�tations concernzng Borr�w�r's occupan�y�f�h�Pr�per��r a�Borrawer's princzpa� <br /> residence, <br /> 9. Pr�tection nf Lender's tnterest in the Pr�perty and R�ghts Under th�s Security lnstrument. If�a} <br /> Borrower fa�ls t�p�rform the covenants and agreem.ents contained �n�his Se�urity �nstrumen�, �b} ther�is a <br /> �ega�pr�ceeding that might s�gn��can��y affect L�nd�r's �nterest�n th�Property an�lar r�gh�s under th�s <br /> Secur�ty�nstrument�su�h as a proceeding in bar�ruptcy, pr�ba�e, for��ndemnati�n or forfe��ure, for <br /> enfor�ement�f a l�en which may atta�n pr�arz�y�ver this Seeurity�nstrum�n�or t�e�f�rce�a�s or <br /> regulations�, �r�c}Barr�wer ha�abandon�d the Pr�p�r�y, then L�nd�r may do and pay for v�ha�ever is <br /> reasonab�e or appropr�ate�o pr��e�t L�nd�r's �nt�res�in�he Property and r�gh�s und�r thzs Se�ur��� <br /> Instrumen�, �ncluding pr����tzng andl�r assess�ng�he value of the Praper�y, and secur�ng andl�r r�pairing <br /> the Pr�p�rty, Lender's ac�ion�can�nclude, but are nat�imi�ed to: �a}paying any sum�s secur�d b�r a���n <br /> wh�ch has prior���over this Securi�y�n�trum�nt; (b}appearin� in court; and�c}pa�ing reasonab�e att�rn�y5' <br /> fees tv prot�ct its �n�erest in�he Proper�y andlor righ�s under th�s Security Ins�rumen�, including ��s se�ured <br /> pos�ti�n in a bankrup�cy proceeding. Securin�the Property �nc�ud�s, but is not l�m�ted to, entering�he <br /> Proper�y to make repa�rs, change locl�s, rep�ace or��ard up d�ors and wzndours, drazn�ater from pipes, <br /> e��xrllnat�bui�dxng or other c�de����a�ions or dang�rous co�adztz�ns, and ha��u�i�i�ies turned�n or off. <br /> A�though Lender may take ac�ion under this Se��i�n 9, Lender d�es n�t ha�e��do sa and is n��under any <br /> duty or ob�i�ation�a do s�. I�is agreed�hat Lender incurs na liab����y for not ta.�ing an�or all actions <br /> authoriz�d und�r�hi�Se�tzan 9. <br /> Any am�unts d�sbursed b�r Lender under this Sec�i�n 9 shal.��ec�me addi�iona� d�b�of Borrawer secured by <br /> �his Securzty Instrumen�. These amounts sha�l bear interest at the Note rate from the date of disbursemen� <br /> and sha�l be payable, wi�h such interest, upon not�ce fr�m Lend�r to Borrower requesting payment. <br /> �f this Secur�ty�n�trunzen��s on a leas�ho�d, Borrawer sha���omply v�ith al��he provis�ons of�he lease. �f <br /> Bvrrovv�r acqu�res f�t�it��to the Praperty, the lease�ald and�he fe�t�tl�shal�no�mer�e un�ess Lender <br /> agrees�o the merger�n v�ri�ing. <br /> ��. N�ortgage Insurance. �f Lender requ�red Mor�gage Insurance as a candxt�on of mak�ng the L�an, Borrov�er <br /> shal�pa�r the premiums required to mainta�n the Mar�gage Insurance in effec�. �f, for a�.y r�ason, �he <br /> Mo�.gage Znsurance coverag�requ�red by L�nder ceases���e a�ailable fr�m�he mor�gag��nsurer that <br /> previausly prn�ided such�nsurance and Borrflwer was required ta make separately designa�ed paymen�s <br /> toward�he premiums for M�r�gage�nsuranc�, Borr�v�ver shal�pay the prem.�ums required to ab�axn c�verage <br /> substan�ial��r�qui�alent t�the N.�ar�gage Insurance prevzausly in�ffect, at a eas�substant�a��y equ��aXent tn <br /> the cost�o Borrower�f the M�r�gage Insuranc�prevzously in effec�, from an a�terna�e mor�gag�znsurer <br /> selec��d by Lender. �f substant�a��y equi�a��nt Mor�gage�nsurance coverage is not a�ai�ab�e, Barrower sha�l <br /> NESRASKA-5ingle FamiEy-�anr�ie MaslFreddie Mac UNt�aRM 1NSTRUMENT ��rm 3028 11�1 <br /> VMP QR VMPfi�NE�t130�y <br /> WoIters Kiuwer Financial Ser�i��s Page 8 af 17 <br />
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