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201500438
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Last modified
7/20/2017 10:37:19 PM
Creation date
1/21/2015 1:58:20 PM
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DEEDS
Inst Number
201500438
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��15��435 <br /> consent shall not b�unr�asanab�y withheld, ar�nless ex�.enua�ing circumsta.nces exist which are bey�nd Barrow�r's <br /> cantro�. . <br /> 7. Preser�ation, Maintenance and Protection of the Property; Inspections. Borro�ver sha11 not destray, <br /> damage ar impair the Property, al�ow�he Property to deteriorate or commi�waste�n�he Property. Wh�ther vr not <br /> Borrower is residing in�he Praper�y, Borrower shall ma�ntain the Property in order ta pre�ent the Property frvm <br /> deteriorating ar decreasing in�alue due to its c�nditi�n. Unless it is determined pursua.nt ta Sectian 5 that repair or <br /> restara�ion is not econonuca�lly feasible, Bonower sha�l promptly repair the Prop�rty if damaged to a�oid fiuther <br /> deterioratian ar d�mage. If insurance vr candemnation prviceeds are paid in connecti�n with damage to, ar the taking <br /> of, the Property, Barrower shall be responsible for repairing or restaring the Praperty anly if Lender has released <br /> pr�ceeds fvr such purposes. Lender may d.isburse praceeds f�r the repairs and res�orati�n�n a single paymen�ar in . <br /> a series of progr�ss paymen�s as the work is campleted. If the insurance vr candemnatian proceeds are not sufFicient <br /> to repair or restore the Property, Borrawer is not rel�e�ed af Barrower's ob�igatian for the campletian of such repair <br /> or restoration. <br /> Lender or its agent may make reason.able entries upon and inspect�ons of the Praperty. If it has reasonable cause, <br /> Lender may u�spect the interiar af the impro�ements on the Praperty. Lender sha11 gi�e Barr�wer natice at the tim� <br /> of or prior to such an in�eriar inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Ap�lieation. Borrower sha11 be in default if, during �he Loan application pracess, <br /> Borrower or any persons or en�ities acting at the directiun of Bonawer or with Bonower's�owledge or consent ga�e <br /> materially false, misleading, or inaccurate infvrmatian or statements ta Lender �ar failed ta pro�ide Lender with <br /> material uiformation} in connection with the Loan. Material representations include, but are not limit�d to, <br /> representations cancerning Borrower's occupancy of the Property as Borrower's principal residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument� �f(a} <br /> Barrower fails to perform the co�enan�s and agreements cantained in this Security Instrument, �b� there is a lega� <br /> prviceeding that might s�gnifica.ntly afFect Lender's interest in the Property andlor rights under this Security Ir�sdru.ment <br /> �such as a proceedin�in barikruptcy, probate, for candemnatian�r forfeiture, for enforcement of a lien which may <br /> attain priority over this Security Instru.men�or to enforce laws or regulat�ons}, or �c}Borrower has abandaned the <br /> Property, t�aen.Lender may do and pay for whatever is reasonable ar appropriate to prot�ct Lender's interes�in the <br /> Property and rights under this Security Inst�rrument, u�clud.ing pratecting a.ndlar ass�ssing th►e�alue of the Prop�rty, <br /> and securing a.ndlor repairing�he Praperty. Lender's actions ca.n include, but are nat�imited�o: (a}paying any sums <br /> secured by a�ien wh�ch ha.s priority o�er this Security Instrument; �b}appearing in court; and(c}paying reasonable <br /> attarneys' fees to protect its interes�in th�Praperty andlar righ�s under this 5ecurity Instrument, including its secured <br /> posit�on in a bar�kruptcy proceeding. S�curing the Property includes, but is not limited ta, en�ering t�he Property tv <br /> make repairs, change locks, replace or board up duors a.nd windows, drain water fram pipes, eliminate building ar <br /> ather cade violatians ar dangerous cand.itians, and ha�e utilities turned on or off. Although Lender may tak�action <br /> under this Section 9, L�nder d�es nat ha�e to da sa and is not under any duty or obligat��n ta da so. I�is agreed that <br /> Lender�ncurs na liabi�ity far not taking any or a11 actians autharized under this Sectian 9. <br /> Any amvunts disbursed by Lender under this Section 9 shall become additianal debt of Barrower secured by this <br /> Securi�y Instru.ment. These amounts shall bear i.nterest at t,he Nate rate from the da�e of disburs�m�nt and shall be <br /> payable, with such�.nterest, upan no�ice from Lender ta Borrower requesting payment. <br /> �f this 5e�urity Instrument is on a leasehold, Borrvwer shall comply with all the pravisions of the lease. <br /> Barrower shall not surrender�he leasehold estate and interests herein canveyed or terrninate or cancel the graund lease. <br /> Bvrrovver shall not, w�thout #he express written cvnsent of Lender, alter or amend�he ground lease. If Banower <br /> acquires fee titl� ta the Property, the�easehflld and the fee title shall not merge un�ess Lender agrees to the merger <br /> in writing. <br /> lU. Mortgage Insurance. If Lender required Mortgage Insurance as a condit�on of making the Laan,Borrawer <br /> sha11 pay the prenuums required tv maintain the Mortgage Insurance in effect. If, far any reason, the Mvrtgage <br /> Insurance co�erage required by Lender ceases to be a�ailable from th�mortgage u3surer that previously provided such <br /> in.surance and Barrower was requ�red tv make separately designa�ed payments toward�he prenuums far Martgage <br /> Insurance, Borrvwer shal�pay the premiums required ta abtain ca�erage substantially equivalent to the M�rtgage <br /> NEBRASECA�-Single Family--Fannie MaelFr�eddie Mac LiNIF�RM INSTRUMENT- MERS p�.���� <br /> Form 3�28 �101 Page 7 of 15 www.docmagic.corrr <br />
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