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201501184
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Last modified
7/20/2017 10:57:14 PM
Creation date
2/27/2015 1:33:22 PM
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DEEDS
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201501184
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��15�1154 <br /> for�he repazrs and res�oratz�n in a s�ng�e payment�r�n a ser�es Qf progress payments as the w�rk is <br /> campie�ed. �f�he �nsuranc�flr condemna��on proce�ds are not suf�c�ent�� repair or restore the Pr�perty, <br /> Borrower is not rel�e�ed of Borrower's ab��ga��on f�r the comp�����n of su�h repair or restoration. <br /> Lender ar�ts agent may rnake reasanab�e entries upQn and inspecti�ns of�he Praper�y. If i�has r�asonable <br /> caus�, Lender may inspect the interior�f the impravements on the Prapert�. Lender sha�� give B�rrower <br /> natice at the time af ar prior ta�u�h an interior in�pection spe�ifying such reasonable cause. <br /> 8. Ba�rower's Lvan App�icativn. Borrower shall b��n�efau�t�f, durzng the L�an appizcation prQcess, <br /> B�rrower nr any persons or ent�t�es act�ng a��he d�rect�on of Borr�wer Qr v�i�h Borrower's kn�wledge ar <br /> consen�gave materia�ly fa�se, mis�ead�ng, �r ina��ura�e inf�nmati�n�r statements ta Lender�or fai�ed �a <br /> pra�ide Lender v�ith materia� informa�i�n} in conn�ction wi�h the Laan. Material representat��ns include, but <br /> are not limited�a, representati�ns caneerning Barrawer's ac�upancy of the Propert�as Borrawer's przncxpa� <br /> residence. <br /> 9. Prvt��tinn of Lender's �nte�est in the Property and Rights Und�r this Secu��ty Instrument. If�a} <br /> Barravver fai��to perform the covenants and agreement�con�ain�d in this Security Instrument, �b} th�re is a <br /> legal proceeding�hat might signif��ant��affec�L�nder's interest in�he Praper�y andlor rights under�his <br /> Security �nstrum�nt �such as a praceeding in bankrup�cy, pr�bate, far condemnatian or forfez�ure, for <br /> enforcement of a�i�n�vh�ch may attazn pr�arity over�h�s Secur��y �nstrumen�or�o enforce laws or <br /> regu�a��ons}, or�c} Borrov�er has abandaned the Proper�y, �h�n L�nder may da and pay for whatever is <br /> reasonab�e or apprapriat�to pra�ect Lender's inter�st �n the Property an�i righ�s under�his S��ur��� <br /> �nstrum�nt, in�luding pro�ecting andlor ass�ssing the va�ue af the Property, and se�uring andlor repa�rxng <br /> �he Property. L�nder's acti�ns�an include, but are nat limi�e�tn: �a}paying any sums s�cured by a��en <br /> �vhich has pr�or��y o�er this Securi�y�ns�rumen�; �b} appear�ng�n court; and �c}pay�ng reasonab�e a�torneys' <br /> fe�s to protect�ts�ntere�t�n��.�Proper�y andlor r�ghts under�his Security �nstrumen�, including i�s se�ured <br /> posi�ion�n a bankruptcy proceeding. Secur�ng the Proper�y includes, but is no�limited�a, entering�he <br /> Praper�y to ma.ke repa�rs, change�ocks, replace or b�ard up doors ar�d windaws, drain�at�r from pipes, <br /> eliminate bui�ding ar other code�ia�ations or dangerous�:onditions, and ha�e utili�ies turned an or aff. <br /> Al�h�ugh L�nd�r may take action under this Sec�ian 9, Lend�r does nat hav��o da so and�s not under any <br /> du�y�r o�Iigation�o do so. �� is agreed that Lender incurs no��ab�l�ty f�r no��aking any ar a�� a��ians <br /> au�horized under�his Sect�on 9. <br /> Any amaunts disbursed��r Lender under th�s Sec�ion g shali become additiona� deb�of Borr�wer s�cur�d by <br /> this Security Ins�rument, T`�.�se amaunts sha��bear interes�at th�N�te rat�fr�m�h�da�e af d�sbursem�nt <br /> and shali�e paya�Ie, with such interes�, up�n na�i�e from L�n�er tn Borr�wer requ�s��ng payment. <br /> �f th�s Se�ur�ty �ns�rument is�n a�eas�h�ld, Borrawer sha�l connp��w�th a�� the pravisians of the lease. �f <br /> Borrawer acqu�res fe�t�t�e to the Prap�r�y, the��a�ehold and the fee�itle sha�l na�merge unless L�nder <br /> agrees to the merger in�v ri�ing. <br /> �D. N[�rtgage �nsurance. If Lender required Mor�gage InsuranCe as a c�ndi�ion of mak�ng the Loan, Borrawer <br /> shall pay the pr�miums required�a ma�ntain the Mortgage�nsuranCe in effect. �f, f�r any reasan, th� <br /> Mor�gage�nsurance coverage required by Lender cea�es t�be a�ai�ab��fram the mortgage insurer that <br /> pre��ous�y pr�vided su�h �nsurance and Borrower�vas requ�re��a make s�parat�ly des�gna�ed pa�men�� <br /> toward the pr�miums for Mflr�gag�Insurance, Borraw�r shatl pay the premiums require�i to�b�a�n coverage <br /> substantially�quival�nt to th� Mor�gag�Insuran�e previously in effec�, at a cflst substan��a�iy equi�aient tfl <br /> the c�st to Borrav�er af�he M�r��age Insurance pr���ous�y �n effec�, from an a�ternate martgage insurer <br /> se�ect�d by L�nd�r. �f substant�ally�qu�va�ent Mor�gage�nsurance covera�e��not aWa�lable, Borr�wer shall <br /> N�6RA5KA-Single Family-F�nnie Ma�l�reddi�Mac UNIF�RM 1NSTRUM�NT Form 3��8�I01 <br /> VMP[� VMP5tNE1 413021 <br /> Walt�rs Kfuwsr�inanciaf Ser�ic�s Page S of 17 <br />
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