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201500980
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Last modified
7/20/2017 10:50:14 PM
Creation date
2/18/2015 10:27:40 AM
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DEEDS
Inst Number
201500980
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��15��95� <br /> for the r�pairs and res�oration in a single pa�ment or in a series of progress paymen�s as th�work is <br /> c�mpleted. If the insurance ar condemnatian pro��eds are not suf��c�ent�o r�pair or res��re the Property, <br /> Borr�wer is not relieved of Borrower's obliga�ion far�h�cnmp�et�on of such repa�r or restorati�n. <br /> Lender ar�ts agent may rnak�r�asonable entr��s upon and inspections of the Property. �f�t has reasonable <br /> cause, Lender may �nspeGt�he interiar�f�he improvem.en�s on�he Prapert�r. Lender shall give Borrower <br /> n�tice at the t�me af or priar t� such an in�erior insp�ctian spec�fy�ng su�h reasona�l�cause. <br /> 8, Bvrrawer's Loan App��cat�an. Borrower shal� b�in defaul� if, during�he Loan app�icatian pro�ess, <br /> B�rro�ver or any persons�r ent��ies ac�ing at the direc�i�n of Borrower or vvith Barrower's knowledg�ar <br /> c�nsen�gave mat�rially fa�se, mis�ead�ng, or inaccurate inf�rma�inn or sta�emen�s to Lender�or fai�ed to <br /> prov�de Lender w�th material informa�ian} in connect�on v��th the Loan. Material representa�i�ns include, but <br /> are na�l�m�zted t�, r�pr�s�n�a�i�ns concerning Barrower's occupanc�of th�Prop�r�y as Borro�ver's principal <br /> residence. <br /> J. Prvtectian af Lender's Interest in the Property and Rights Under this Security Instrument. If�a� <br /> B�rrawer fai�s ta perfarm the covenan�s and agr�emen�s cantained in th�s Security Instrum�nt, �b} �here is a <br /> �egal pr�ceeding that might significantly affec�L��der's �nteres� �n�he Proper�y andlor rights under this <br /> Security Ins�ru�m�n��such as a proce���ng�n bar��ruptc�, probate, for�andem�aat��n or forfezture, for <br /> enforcement of a�ien wh�ch may attazn pr�ar�ty�ver this Secur��y Instrument or to�nforce�avvs or <br /> regulations}, or��} Barrovwer has abandoned th�Pra�er�y, �hen Lender may do and pa� for what��er�s <br /> reasonab�e�r apprapriate ta pratect Lender's in�er�s� in the Frflp�rty and r�ghts und�r�his S��urity <br /> �nstrument, �n��uding protect�ng andlor assessing the value of���Proper�y, and s�curing andl�r r�pair�ng <br /> the Proper�y. Lender's actions can�nclude, bu�are nat lim�i�ed to: �a}paying any sums secured b�r a�ien <br /> wh�ch has przor��y o�ver this Securit� �ns�rurnen�; �b} appearing in caur�; and �c}paying rea�onab�e at�arneys' <br /> fees ta protec��ts �nterest�n the Proper�y andlor righ�s under this Security Instrument, including i�s secured <br /> posi�ion in a�ankruptcy proceed�ng. Secur�ng�he Prnper�y in�ludes, but�s not limited ta, en�ering�he <br /> Pr�per�y t�make repairs, change�ocks, rep�ace or board up doors and w�ndaws, drain�va�er from pipes, <br /> ���mxnate bu��ding or oth�r�od��iola�ians or dang�rous cand��ions, and have u�i�ities turned on or off. <br /> A�though Lender may tak�act��n under�his Sec�ian 9, Lender does nat hav��o do so and �s not under any <br /> duty or obligatian t�do s�. It is agreed tha� Lend�r incurs no�iability far no�tak�ng any or a�� ac��ons <br /> author�zed under t��s Sect�an 9. <br /> An� amaun�s dis�ursed b�Lender under thi� S�c��nn 9 shai��eGome add�t�ana� debt of B�rrower s�cur�d by <br /> �his Securit�Ins�rumen�. These amaun�s shall bear�nter�s� at�he N�te rate from the da�e�f d�sbur�em�nt <br /> and shall�e paya�le, wi�h such interes�, upan n�tice from Lender tQ Borrower requesting payment. <br /> �f thzs S��urity �nstrument is on a�easeh�ld, B�rrnwer�hall camply with a�� �he pro�is�ons of the lease. �f <br /> Borrower acquir�s fee����e to the Proper�y, the leaseho�d and�he fe�tit1�sha11 not merge unless Lender <br /> agr��s to�he m�rger in wr�t�ng. <br /> 'i D. �Il�vrtgage Insurance. If Lend�r required Mortgage �nsurance as a cond���on of making the L�an, Borr�v�er <br /> shall pa�r th�pr�m�ums ret�uired to ma�ntain the Mortgage�nsurance in effect. If, fflr any reason, the <br /> Mortgage�nsuran�e coverage required by Lend�r�eases ta be a�ailable fram the m�r�gag� �nsurer that <br /> pre�iaus�y pro�ided such �nsurance and B�rr�wer was required �o mak�separa�ely designated payments <br /> toward�he premiums far N�ar�gage�nsurance, Borrov�er shall pay �he pr�m.ium� r�quir�d ta ob�ain�average <br /> substantially equi�a�ent ta the Mor�gage Insurance prev�ou��y zn effect, at a cast substant�a�iy�qu�va�ent�a <br /> the cost to Borrau�er�f the Mortgage Insurance pre�ious�y in effect, from an a�ternat�mortgage znsurer <br /> s���c�ed by Lender. �f su�stan�ially equ�val�nt Mortgage�nsuran�e ca�erage is not a�ai�ab�e, Borrflwer shaii <br /> NEBRASKA-Single�amily-Fannie MaelFreddi�Mac UNI�aRM INSTRUMENT Farrn 3028 1141 <br /> VMP� VMPfitN��413��� <br /> Wvlters Kluwer Financial Ser�ices Page S af 17 <br />
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