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201501746
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Last modified
7/21/2017 1:38:31 AM
Creation date
3/24/2015 11:59:18 AM
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DEEDS
Inst Number
201501746
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��15�174� <br /> far�he repairs and restora�ian in a��ng�e payment or in a series�f pr�gress payments a� the work is <br /> campleted. If�he insurance or c�ndemnat�on proC�eds are not suf�cient ta repair or restor�the Praperty, <br /> Barrower is nat relie�ed of B�rr�w�r's ob��ga��on for th���mple�ion of such repair or restaratian. <br /> L�nd�r�r it� agent may mak�reasonabie entries upon and�nspec�i�ns of the Proper�y. If it has reasonable <br /> cau��, Lender rnay in�p�ct the in�erior of�he�mprovements on the Proper�y. Lender shall give Borrower <br /> not���a��h�time nf nr pri�r to such an interior inspec�ion spec�fying such reasflnabl�Cause. <br /> 8, Borrower`s Loan Applicativn. Bnrrower shal�be in default if, dur�ng the L�an appli�at�on proce��, <br /> Borr�wer or any persons�r�n��tzes ac��ng a�the directi�n�f Borrow�r or w�th Borro�ver's knowiedge or <br /> cnnsent ga�e material�y fa�se, mis�eading, or�naccura�e informat�on�r statements�a Lender�or failed to <br /> prov�de L�nder w�th ma�eria� infarmat�an� in con�ect�on w�th the Loan. Mater�a� r�presentatians include, �ut <br /> are not lim�ted�n, repres�n�a��ons cor�c�rning B�rrawer's occupan�y of the Propert�r as Borrow�r's pr�nc�pal <br /> re�idence. <br /> 9. Prvtection nf Lende�'� Interest �n the P�r�perty and Rights Under th�s Se�urity Instrument. If�a} <br /> Borraw�r fa��s ta perfarm�he c��enants and agreements c�nta�n�d in th�s Secur��y �nstrument, ��} there�s a <br /> iegal proc�ed�ng that m��gh� ��gn�f�can��� affect Lend�r's interest in�he Property an�lar righ�s under�h�s <br /> Securi�� Instrument�such as a proceed�ng �n bankrupt�y, proba�e, for c�ndemnat�on�r forf�iture, far <br /> enforcement of a lien which may atta�n priarity flver th�s S�curity �n�trument or ta enfor�e laws ar <br /> regula��ons}, or�c}Borrower has abandoned the Pr�perty, then Lender xnay d� and pay for wha�e�ver zs <br /> reasflnab�e flr appropriate t�pratect Lender�s interest in�he Proper�y and right�under this Secur�ty <br /> Instrum�ent, �nc�ud�ng prote��xn� andlar assessing th�value�f�he Property, and s�cur�ng andlor repairing <br /> th�Prflperty. Lend�r's ac��ons can znc�ude, but are na�limited tn: �a}paying any sums secured by a lien <br /> whzch has priori�����r�his S�curity �nstrurn�ent; �b} appearing in c�urt; and tc}paying reasonable at�orn�ys' <br /> fe�s�o prntect its�nteres� in the Property andlor r�ghts und�r th�s Secur�ty �ns�rumen�, inc�udin� its secured <br /> p�sit�on in a bankrup�c�proceed�ng. ��curin� �h� Property �nc�ud�s, but is na���m�ted�o, ent�r�ng the <br /> Property tfl make repa�rs, change�ock�, rep�ace�r board up d�ors and windaws, drain wa�er from pipes, <br /> e�iminate bui�d�ng ar a�her cade vi��a���ns or danger�us Gand����ns, and ha�e uti�iti�s�urned�n�r aff. <br /> A�th�ugh Lend�r may�ake action under thi��ect�on 9, I�ender dfles no�ha�e ta do so and is not under any <br /> duty or�bligat�on��do s�. It�s agreed tha�Lender�n�urs n� liability far nat tak�ng any or a�� act�ons <br /> author�zed under this SeCtion 9. <br /> Any amounts dis�ursed by Lender under�his Sec�i�n 9 shall b�come additional d�b�of Barrower secured by <br /> this Se�uri�y Ins�rument. Thes�amounts sha��bear inter�st at the No�e rate fram the date of disbursemen� <br /> and sha��be payable, with such interes�, upon not�ce from L�nder�a Barr�wer requesting payment. <br /> If this Security �nstrument�s on a�eas�ho�d, Borrower shal� comply v�ith a�I �he provis�nns of�he lease. �f <br /> Borrower a��uires fee tit�e t�the Praper�y, the lea��ho�d and the fee t�tle sha��no�merge uniess Lend�r <br /> agre�s�a the merger�n writing. <br /> '1�. Mvrtgage �nsurance, If Lender required Martgage�nsurance as a condi�ian❑f mak�ng�he Loan, Borrawer <br /> shal�pay�he prem�ums required to main�ain the Mar�gage�nsurance in�ffect. If, for any reason, �he <br /> Martgage Insurance cfl�erage requzred by L�nder ceases�o be availabie from�he mor�gage insurer that <br /> pre�iously pro�ided such insuranc�and Borr�w�r was re�uired ta make separa�ely designa�ed paymen�s <br /> toward the premiums for M�r�gag�Insurance, Borrower sha��pay the pr�miums required to abtain�overage <br /> subs�antia��y equx�a�en�ta the Mortgage Insuranc�previous�y in eff��t, at a cast substantxa��y equ��a�ent to <br /> the c�st�a Borrow�r of the N�nr�gage�nsuranc�previously in eff��t, fram an alt�rnate mor�gag� insurer <br /> s�le��ed b� Lender. �f subs�an��a��y equi�a��nt Mnr�gage�nsuranc����erage is not availab�e, Borrower shall <br /> N�BRASKA-Single Famity-�annie Mael�reddie Mac�NI��RM INSTRUMENT Farm 3028 11D1 <br /> VMP� VMPf{N���13�Zj <br /> W�lters Kluwer�inancial Ser�ices Page 8 af 17 <br />
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