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201501574
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Last modified
7/20/2017 11:06:56 PM
Creation date
3/17/2015 9:36:07 AM
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DEEDS
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201501574
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��15�1574 <br /> for t�.�r�pa�rs ���. restora�ion �n a single paym�nt ar zn a ser�es of pragress paym�nts as the wark is <br /> cample�ed. �f the�nsurance ar condemnat�on proc�eds are nat suf�cient�o r�pair�r rest�re the Propert�, <br /> Borrawer�s not re�z�ved�f Borrow�r'��b�igatian for�he�ompletion of such repa�r or res�aration. <br /> Lender or�ts ag�n�may make reasonab�e entr��s upon and inspect�ons of the Prnper�y. If it has r�asanabl� <br /> cause, L�nder may inspect�he�nterior�f the improvements on th�Pr�p�r�y. L�nder�ha�l gi��B�rr�w�r <br /> �o�i�e at th���me flf or pr��r to such an �nt�r�or insp�cti�n specifying such reas�nab��cause. <br /> 8. Bflrrower's Laan Applieati�n. Borrower sha��be in default if, during the Loan app��ca���n process, <br /> Borr�v�er or any persons ar entities ac�ing at the d�rec��on of Borrawer or with B�rr�wer's know�edge or <br /> consen�gave ma�eria��� fa�se, m��.s�eading, nr inaccura�e xnf�rmatian�r s�a�ements�o Lend�r�ar fa��ed ta <br /> prov�de Lender vvith mat�ria� information} in connection ur�th the L�an. Ma�erial r�presenta�ions inc�ude, but <br /> are not�zmi�ed to, representa�ians concerning Barrovver's oc�upan�y�f the Property as Barr�w�r's pr�ncipa� <br /> residence. <br /> 9. Protection �f Lender's lnt�rest in the Prap�rty ant� Rights Under this Security lnstrument. �f�a} <br /> Borrower fa�l� to p�rf�rm the c�venants and agreemen�s cnnta���d �n this Securi��r Ins�rumen�, �b��here is a <br /> �ega.�proceeding tha�migh�s��n��cantly affect Lender's int�rest in the Property andlor rights under�h�s <br /> Security�nstrument�such as a proceeding in�ankruptcy, pra�ate, f�r c�r�d�mnat�on ar forfeiture, far <br /> enforcement af a�ien whzch may atta�n pr�ority n�er this Se�urx�y�nstrument or�o enf�rce Ia�s ar <br /> r�gulations}, ar�c}B�rrow�r has aban.doned the Proper�y, �hen L�nder ma�r do an�.pa�for wha�e�er is <br /> reasanabi�or appropr�a�e ta prot�ct Lender's�nteres�in the Proper�y and r�ghts under�h�s S�curzty <br /> Instrumen�, including pro�ecting andlor assessing the�alue of the Pr�per�y, and�ecuring andlar repa�r�ng <br /> �he Prap�rty. Lender'� ac�ions ca��nc�ude, bu�are not limited�v: �a}payin�any sums secured by a lien <br /> which has prz�rit�r over this Security�nstrume�t; �b� appearing �n�ourt; and�c}paying reasonable attorney�' <br /> fees t�protec�x�s in�erest�n the Praperty andlar rights under th�s 5ecurit� �ns�rumen�, inciuding its s�cured <br /> position in a bankrup��y proceeding. Securing�he Prap�r�.� includes, bu��s no���mited to, �ntering the <br /> Property to make repairs, chan�e Io�ks, replace�r bnard up doors and�rind�ws, drain water fra�m p�pes, <br /> e��nun��e build�ng ar other cade�r�o�a�ions or dangerous cand����ns, ar�d ha��utiliti�s turn��on ar nff. <br /> Although Lender may tak�a�tion under this Secti�n 9, Lender does not ha�e ta d��a and is not under a.ny <br /> �uty�r�b�igatzon�a do s�. ��is agree�tha� Lender incurs no�iabi�ity f�r nat tak�ng any or all act��ns <br /> authorzz��under this 5ection 9. <br /> Any amoun�s disbursed by Lender under th�� S���ian 9 sha��became additional d�bt of Barr�wer secured by <br /> this Securi�y�nstrurnen�. These amvunts sha��bear interest a��he No�e rate from the date of disbursement <br /> and sha11�e payable, vvi�h such interes�, upon n���c�from L�nd�r to Borrawer reques��ng paymen�. <br /> �f���s Security �nstrum�ri�is an a�easeh�ld, Barrower sha�� c�mp��with all the pra�isions af the lease. Xf <br /> Borrower acquires fee tit���o�he Proper�y, the��asehold and the fe��i��e sha�l not merge uni�ss Lender <br /> agre�s to the m�rger in writing. <br /> 'f D. Mortgage [nsurance. If Lender rtquir�d Mortgag��nsurance as a�ond�tian of mak�ng the Loax�, Bflrrow�r <br /> shal�pa�the prem�iums requ�r�d ta maintain the M�rtgage �nsurance in effect. If, for any reasQn, �he <br /> Mar�gage�nsurance coverage requ�red by L�nder ceases ta be availab�e from the mor�gage�nsurer that <br /> pre�iaus�y pr�v�ded such insurance an�.B�rrov�er�vas required to make s�para�e�y designated payn�ents <br /> �oward t�e premiums for M�r�gage�nsura�.c�, Barrawer sha��pa�the premiums require�.�o obtain caverag� <br /> substan�ia��y equ�va��n�to the Mor�gage�nsuranc�pre��ous�y in effect, a�a c�st subs�antially equ��a�ent to <br /> the cos��o Borrower�f the Mor�gage�nsurance pr�w�ous�y �n effect, frorn an a��ernate mor�gage�nsurer <br /> �e�ected by Lender. �f su�stan�ialiy equ��a�ent Mortgag��nsurance c�verage is no�avaiia��e, Borrower sha�l <br /> NEBRASKA-Single Family-�annie Mael�reddi�Mac UNt�4RM 1NSTRUML�NT Farm 3�28�141 <br /> VMP 0 VMPfitN���1302} <br /> Wolters Kluwer�inancia[Ser�ices Page 8 vf 17 <br />
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