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201500549
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Last modified
7/20/2017 10:40:51 PM
Creation date
1/28/2015 9:12:50 AM
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DEEDS
Inst Number
201500549
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��15��549 <br /> for the repa�irs and res�orat�.an�n a sirigle pa�ment or�n a series of progress paymen�s a.�the work�s <br /> cornpleteel. If the insurance or condemnat��n prflceeds ar��ot suff�c�ent�o repai�-or r�s�ore the Property, <br /> Borrower i.s nQt relieved of Bflrrower's obliga:tion for�ie cnmple�ian�f such repair or restorat��n. <br /> Lender or�ts agent xnay xna�e reasonab�e entries upon and inspectior�af�he Pr�p�r�y. If��ha.�reasonab�e <br /> cause, Lender may inspe�t�he�nteri�r af the improvement�on.the Prop�r�y Lender shall give Borrower <br /> not�ce at�he t�me�f or pr�ar�o such an.�r�terior inspection specify�ng su�h reaso�.ab�e cau�e. <br /> 8. �rr�w er's Laan A pp�icat«n. �orro�xrer sha1�be in default if, durxng the Loan app�.i.cation proce5s, <br /> Borrov�rer or any persorls ar ent�ties ac��:ng at the d�.rectian of Borrov�er�r wi�h.Borrower's knaw�.edge or <br /> consent gave mate�-ia1l.y false, mislead.�.ng, or i�accurate�format�on ar s�atements to Lender�or fail.ed�a <br /> pr�v�de L.end.�r with ma�erial infflr�ation��in cor�ec�ian�th the Loan. Mater%a�.representat��ns i.x�.clude, bu� <br /> are n�t��.n�-ted to, represe�ta�ion,s cor�cer�.g Borrawe�'s oecupancy of�h.e Pro�ex-i.y as Barr�wer's prgncipa�. <br /> resid.en�e. <br /> 9. Prot�ct��n �f Le�der's ��terest in the Prop�r�y ancf �ights Ur�der this S�curi�y [r�strumenf. If�a} <br /> B�rrawer fai�s to perforna�ie covenants and agreements cQnta�ned in.this Securi�y Ins�rument, �b}there�.s a <br /> �.ega.�proceedi.r�g that might s�gn.x.�cant�y affe.ct Ler�c�er's interest�r�the Prflperty an.dlar righ�s under�bris <br /> Security Instrument�suGh as a proceed.�ng i�bankruptcy, proba�e, for condemna��Qn or forfeitux�, for <br /> e�rxforcernen�af a I�en which may attain pr�.ority over�thi.s Securzty I�s�rumerit ar�o enforce Iavrs or <br /> regulat�.ox�s�, ar�c}Borrow�r has abandox�ed�he Pro�er�r, then Lender may-do and pay for whatever zs <br /> reasor�.ab�e or appropr�.ate to protect�Lexxder's irn�e�est�.n the Proper�y and rights unde���is Secur��y <br /> Instr�,�ment, �nclud�.ng pro�ec�ing andlar assessing�he val:ue af t��Proper�y, and se�ur�n.g andlor re�pa.iring <br /> the Praper�y. L.end�rp s actions car�in.clude, �u�are not�im-�ted tQ: (a�paY�ng any�um� se��a.red�y a.liern <br /> w�c�i has�rxa��ty over�us Seeurity I�s�ru��..ent; [b) a��ear�ng in caurt; arid�c}pay�ng�easonable attorneysr <br /> fees to p�o�ee��ts�nterest in�he Property a�a.dlor��ghts u�a.�er this Security Ins�ment, x�clud�ng i.�s secur�d. <br /> pasxtiox��n a bankruptey proceed�g. Securing the Property�nc�udes; but is not limited to, en�erzn�the <br /> Property to make repairs, G�7ci�1���Q��S, rep�ac�Qr board up dQors and wi.nd.ows, drain water fram p�pes, <br /> e��mina�e bui�d�ng or other code v�ola�ions or dangerous conc��ion.s, an�.hav�utilities tu:rned an or off <br /> Although Lender may take act�on under�his Section 9, Le�der does nat have tfl da so ax�:d��not under any <br /> duty or ob�igation�o do so. It is agreed�hat�.e�der��curs nQ xxab�ity for not taking any or all act��ns <br /> auth�rized under this Sect�.on 9. <br /> An�y a.m�u�.ts dis�ursed by L�nder ur�der�s Sec�ion 9 s�a1�.become ad�d�.tnonal deb��f��rravv��r sec�ed by� <br /> tl�is Security Ii�S�r�xm.�nt. These amo�.n.ts s1�aII��ar interest at trie Note rate fr�n�t.�.�da�e of d.�.sb�ursement <br /> and sha1�be payab�e, v�rith such�.�erest, u�or�x�.ati.ce fro�a Len�.der to Borrower r�quest��:g��.ymer�t. <br /> If this Securi.ty Ix�strument is ox�a�.e�.sehold, Borrawer shall c�mp�.y�ith all�he prov�.sioxis af the Iease. If <br /> �rrawer acqu�res fee t�.t�e ta the Proper�y, the leasehold and tlie fe���tle sha.11 r�ot merg�ux�ess Lender <br /> agrees�o�he merger in�vr�tir�g. <br /> '[�. 1�or�gage i nsurar�ce. If Le�der required M�rtgage Insurance as a c�nd�:tion of maki.xlg�.he L�an, Borrower <br /> sha11 pay the premxum.s requ�red t�mai-�tai.n�he Mor�gage Insurance in effect. If, for any reas��., �he <br /> M�rtgage Insurance coverage required by L�nder ceases�o�e ava.ila.b�e fr�m the martgage�nsure��at <br /> prev�ousl.y�rovided such insuraxlce an�.Borrawer was required ta make separately designa:ted payrr�ents <br /> t�ward�.e premiu.ms for Mo�gage In:�urar�ce, Borr�vr�-sha.11 pa.y the premiums required�a �btain coverag� <br /> substant�ally equ�.va�.ent to the 1Vlortgage Insurance pxev�.o�sl.y�n effect, at a cost substaz�.tya��y equ�valent�o <br /> f.�.e co���o Borrower of the Mar�gage Insuran.ce�r�vio�asly in effect, from an.al�erriate mortgage�nsurer <br /> �e�eeted by Lender. If substantial�y equivalent Mflr�gage Insurance coverag�zs r�ot avai�ab�.e, Borrower sha:I� <br /> �4�07772 <br /> NEBRASKA-Sing[e Famiiy-Fannie M aelFreddie lUI a��N[F�RM INSTRUM ENT Form 3��8'llal <br /> VM P� VM PG�NE}{'[3�?} <br /> Vti1o[ters Kl�aw er Financial Services Page 8 of�7 <br />
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