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201501207
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Last modified
7/20/2017 10:57:54 PM
Creation date
3/2/2015 10:36:41 AM
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DEEDS
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201501207
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��15�1��7 <br /> for the repa�.rs and restoratzan in a sing��paymer�t or�.a series of�pragress paym�n�s as the work is <br /> eomp�eted. If th.e ins�ran.ce or cor�demnatzan proceeds are no�suf�c�ent�o repa.�r or rest�re�ie Proper�y, <br /> �orrower is�ot reliev�d�f�orr�wer's�bligatao�.fa�t�e comp�.e��or��f s�c�.repair a�restora�iane. <br /> L�n.d�r�r its agent n�ay ma�e reasonable�ntrzes upo�a:nd i�.spec�io�s�f the]Pro�erty. If�t�as reasonab�e <br /> cause, L.ender may�nspect�he i�terior of th�im�r�vements an�he Pr�perty. Lender sha��g�ve�3arrov�er <br /> notxce at�h�t�me of ar pr�or to such ar�inter�.or x.nspection spec�fying such reas�nab�e cause. <br /> �. �o rrow e r's Loa n A p p[i�at i o�. Borrower shall b e�n default i.f, �uring�h�Loan appl�cat�iQn proc�s s, <br /> Borro�uer or any persQ�.s�r enti�es aG�i.�.g at the direc�..ar�nf Borrower ar u�th Borrower's kn��vledge or <br /> corxsent gave ma�teriai�y false, mis�.eacling, or in.ac�urate�f�rmation or sta�ements�o L�nder�or fa�.�ed to <br /> prov�de Lender�vith material ir�formation�in conx�.ec�ion ur�th the Loan. Ma�erial repr�sen�a�ions�.�cl.ude, bu� . <br /> are not�:�.mited.�o, re�resentatzox�s ca�cern�.ng Bo�r�wert s accupancy of the Pr�perty as Borrower's�ri:ncxpal. <br /> res�denc�. <br /> 9. �r�tecti�� �f L�nder's lnt�rest �n th� Property and I�ghts U1nd�r this �ec�r�t� lnstrume��. I��a� <br /> BorrQwer fails to�erfaram�he covena:nts ax�.d agre�m��ts c�r�ta�ned�n t�.s Secur�ty-Ix�.st�ent, �b�there�s�. � <br /> Iegal praceed.ir�g�h.at�might s�gnificax�tl.y affeet Lender's interest�n the I�roperty andlor r�gh�s under�s <br /> Securxt�I�n:st�ument�such as a proc�edin��n bankruptcy, prabate, for candemm�atian or forfe�ture, for , <br /> enfarcement of a lien which ma..y attazn przority over�his Security Instrurnent or�o eriforce�.a�xrs ar <br /> regulat�ons}, or�c�Borrower has ahandoned th�Pr�pertyy then Lender may�da and pay for v�hatever is <br /> rea�onab�.e or appropriate to protect LenderT s ix�ter�s��n the Property and�-�.ghts under�bis Security <br /> Instr�.ur�ent, i�c�udin.g prntecting andlor asses�ing the vaJ.ue of the Paroper�y, and secur�ng a�idlor repa�.ring <br /> �he Pr�perty. ]Lender's act�ons can�innc�u�ie, but are na�limited to: �a}paying any surm.s secured by a�.ien <br /> w�aich�ias priori�r over this Secur�ty Ins�ux�e�t; (b� appearin�in caur�; and�c�paY�ng reasonable attorr�evs' <br /> fees ta pratect its iri�erest ir�.�he Property ar�dlor rig�ts uxa.der this Secur�ty Instrument, includin.g�.�s secured <br /> �position in�.bankruptcy proeeeeling_ SecUring�.he Property�nc�ude�, but is not I:xmi�e�.�a, en�ering the <br /> P�-�perty��ma�e repa�rs, c�a�ge Iock.s, re�lace or��a,rd up c�o�r�and windou��, dra�n water from�ipe�, <br /> elim�nate buz�d�:ri�or o�her cade�i:o�at�ans or dangerous condit�o�s, and have u���t�es t�xx�.ed on or ofF <br /> �though Lender may take action ux�.der this Seet�ox�9, Lender dfle�nat have to do so ancl is�ot under axxy <br /> duty or obl�gat�.on�Q do so. It is agreed that Lender�.ncurs n�1:iability for n�t�aki.rig an�or aII actions <br /> author�.z�d under�his Section 9. <br /> ,Ar�.y amounts d�sbursed by Lender under thzs Section 9 shall become additional deb��f Borrov�rer secureci by <br /> this Security I�.strument. These arn.oura.ts s�ia�l bear i.xa.�e�est at the N�te rate frox�.the da�e of d�.sburseme�.t <br /> ax�d shall:be�ayab�e, w�th suc�.i-�:ter�st, u�on nQtic�from�.ender���arrav�rer�equestin.g pa.ymen�. <br /> If this Secur�ty In:stru�ent is�n a�.easeh��d, Bo�rower shall cpmp�y tivith a��the provis��ns Qf the�ease. If <br /> �arr�wer acquires fee title�o�he Proper�y, the I�a.sehold and the fe��itle sha�.�.not merge urile��Lender <br /> agr��s t�the merger�.n v�x7.tirxg. <br /> 'l 0, M�r�ga�e 1�sura�nce. If Lender required Mortgage In�urance as a conditian of making�.he Laax�, �orr�-v�rer <br /> sha1l pay the prex�ruums required to main�a�n the Mortgage Insurax���ir�effect. If, for any reaso�., the <br /> Martgage Insurance coverage r�quired by]Lender ceases to b�available from�he martgage�nsurer�h�.t <br /> previously p�ovi.ded such insurance ar�.d B�r�ower was requ�.red ta make separately designated payments <br /> toward�.he prem�wris for Mor�gage Insuxance, Borrower sha1l.pay�e prem�.u.ms required to ol��air�co�erage <br /> �u�bstan.t�a.��y�quivalent to�he Mortgage�isurar�.ce p�ev�aus�y�.n effect, at a cflst substantza��y eq�vale�t�o <br /> the cost t�B�rrayver of�he Mortgage Insu�-ar�ce prevzousl.y in effect, fram arr alte�nate mar�gage i�.x�.surer <br /> selected by�Lender. If substar�:txally equrva�e��NN�ortg�.g�Insurance Caverage zs no�av��abl�, Borrow�r s��.].l. <br /> 240QT92� <br /> NEERASKA-Sir�g[e�ami[y-Fan�iie N€aelFreddie Nl ac UNfFDRM lNSTRLfM ENT Form 3�28�10� <br /> VMP Q 111V1 P6{NE}��1342} <br /> Wol�ers K[Uw er Finan�iai Senr€ces Page 8 of 17 � <br />
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