201407855 - Laserfiche WebLink

Browse

��14�7555 purpvses.Lender may d�sburse praceeds for the repairs and restorati�n in a single payment�r in a series of progress payments as the wvrl�is c�mpl�ted.If the insurance�r condemnati�n proceeds axe not suffici�nt to repair or restare the Property,Borrower is not r�liev�d of Borrov�rer's o�ligati�n for the completion of such repair or restorat�on. Lender�r its agent may make reasonable entries upon and inspections�f the Property.If it has reas�nable cause,Lender may inspe�t the interior of the improvements on the Pr�p�rty.Lender sha11 give Borr�wer notice at the time�f or prior to such a�a.interior inspection specifying such reasonable cause. 8. Bo rrower's L�an Appl i cati o n.Borrovver sha11 be in default if,during th�Loan application pro�ess, Borrovver or any pers�ns or entities acting at the direction of Borrower or with B�rrower's knowledge or�onsent gave materially false,misleadin�,or ina��urate information ar statements to Lender�or failed to provide Lender with material information}in Connection v�ith the Loan. Materia�representations include,but are not limited to, representa.tions�oncern�ng Barrower's occupancy of the Pr�pert�as Borrower's principal res�dence. 9. Protection of Lender's lnterest in the Pr�perty and Rights Under this Security lnstrument. If�a}�orrov�er fails to perform the covenants and agreements cantained in this Security Instrument,�b}there is a legal proceeding that might significantly af��ct Lender's int�r�st�n the Pr�perty andJor rights under th�s S�Gurity Instrum�nt�su�h as a proceeding in bankrupt�y,probate,for condemnatifln or forf�iture,for enfor�ement af a lien which may atta.in pri�rit�o��r this Security Instrum�nt or to enfor�e lavvs or regulati�ns},or��}Barrovver has abandoned the Property,then Lend�r may do and pay f�r whatever is reasonable or apprflpriate to protect Lender's int�rest�n the Property and rights under this Security Instrument,including pr�tecting andlor assessing th�va.�ue of the Propert�,and securing andlor repairing the Pr�perty.Lend�r's a�tions can include,but are not�imited to: �a)paying any sums se�ured ' n reasonable by a lien v�hich has priority��er this Security Instrum�nt;(b}app�anng in caurt;and(�}payi g attorneys'fees to protect its int�rest rn the Froperty andlar rights under this Security Instrument,including its secured pvsition�n a bankrupt�y pr��eeding. Se�ur�ng the Pr�perty 1ncludes,but is not limit�d to, entering the Property to rnake repairs,�hange locks,replace or board up doors and vvindovvs,dra.in v�ater fram.pipes,eliminate building or other cade v�olati�ns or danger�us conditi�ns,and have utilities turned on�r off. Although Lender rnay take action under this S��tion 9,Lender does n�t have to do so and is nat under any duty�r obligation tfl do s�. It is agreed that Lender 1n�urs no Iiability for not taking any or ali actions authorized und�r this Se�tion 9. Any amaunts disbursed b�Lender under this S�cti�n 9 sha�l be��me additi�nal debt�f Borrower secured by this Se�urity Instrument.These amvu�ats sha11 beax�nterest at the Not�rate from the date af disbursement and shall be payable,with such interest,upon notice from L�nder to Borrov�rer requesting paym�nt. If this Security Instrument is on a leasehold,Borrower shall comply with all the pro�isions of the lease. If Borrower acquir�s fee titl�to the Proper�y,th�leas�hold and th�fe�title shall not merge unless Lender agrees to the merger in�vriting. . '�p. I�o rtg age !n s u ra n�e. If Lender required Mortgage Insurance as a conditian of making the Loan, Borrovver sha11 pay the premiums required to mainta.in the Mortgage Insurance in effect.If,f�r at�y reason, th�Mor�gage Insurance caverage requzred by Lender ceases to be auailahle from the mortgage insurer that pre�iously provided such insurance and Borrower was requlred to make sepaxately designated HCFG-OQ359 NE6RASKA-Single Family-Fann�e MaelFreddie Mac L1NlF�RM lNSTf�UMENT Form 302811Q9 VMP� 07114 Wolters Kfuwer Financial Serv�ces �0�412414 1 0 28'I 5-J20��4n729Y Page 8 of 17 �422311�14219* .�s� �