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201501994
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Last modified
7/21/2017 1:47:32 AM
Creation date
4/1/2015 11:07:11 AM
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DEEDS
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201501994
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��15�1994 <br /> for the repa�rs a�d res��ral:ion��a.si�g�e payment or��a ser�e��f p��g�ess pay�.nen�s as��ie wor��i� <br /> co�nple�e�, �f�he insurance or con�.eznna�ian proceec�s a.re�at�uFficie��to repair or r�s�ore��.e Proper�y, <br /> Bo��ower is no�relieved of B�rroVver's �bligation for the completio� of such re�air�r res�ara�ion. <br /> Le�de��r zti�agen�may�na��e�easanable eza.�ries u�ao�a�Zd i�spec�ions of�he Property. �f it has reas�nab�e <br /> cause, Ler�der may inspec��he in�erior of�he i�np�roveme��s o����ie Property. Lender sha�1 give I3ort�ovt�er <br /> �atice a��he tiime of or priar to such an���eri�r inspec�ior�spec�fy�ng such reasflnaU�e caus�.. <br /> 8. ��rrawer's L�an �4ppli�ation. Ba�r��rer sha11 l�e�r�defaul�if, during the Loan appl�ca�ion process, <br /> Barrower or an.y persa�s or ent��ies a�tir�g at tihe direction nf Borrower or wi�h Borrower's 1c�awledge or <br /> canser��gave ma�erial�y fa�se, xnis�eading, o�r inaccur�.�e inforina�i�r�o� s�a�e�netlt��o Len�er�or fai�ed�o <br /> provide Le�c�er v�Y�h�-ria�eria�ir�for�nati�ri} i��corl.i�e��ioY��vith the L�a�. Mate�rza��represe�.tatiians ir�G�ucie, Uut <br /> are nat li�ni�e�to, represen�a�ions concerning Borravver's occupaz�cy of�he Pro�er�y as Borrovver's princ�pal <br /> re�idence. <br /> 9. Pro�ec�ion vf L�n�d�r's interes� in �he Proper�y and F�igh�� Under th�s �e�uri�y Ir�s�r�men�. �f�a� <br /> Borrawer f�.i1���perform�he cave�.atz�s az�d agree�nen�s �ontained in this Securf�y I�stru�nent, �b}�here is a <br /> legal�rocee��n�that t�g��signific�.�t1y aff�c�Lu�c�er's in�eres�in the Pr�per�y andlor�rig�l�s�xnder�his <br /> Secur��y I�.s�ru�nen��such as a proceed�r�g�n ban��ruptcy, �roba�e, for�o�x�.em�a�ion or forfeftu�e, far <br /> enforceinetz�of a Iien which may a��ain priari�y aver�h�� Security Ynstru�nen�or�o enforce 1avt�s or <br /> regulations�, a1��c�Bot raw�r has abandonec��he P�operty, �he1�Lender lnay c�o anc�pay for w�ia�eve�is <br /> �easonal�le or appro�r�a�e�o pro�ect Lender's interesf;in the Pr�perty a�zd r�gh�s under t��is Securii:y <br /> I�strume�f;, in�luding pro�ecti�.g andlar a�sessing�he va�ue of��ie Proper�y, a�d�ecurf�g a.nc�lor repa��:�ng <br /> t��e Proper�y. Le�der's actrons ca.�z ix�clude, bu�are no��i�ni�ed.�o; �a}pay��g any su�ns securec��y a lie� <br /> which has priari�y over�his Security Ins�rumen�; �b� appearing��cour�;; a.�1d�c�paying reasonab�e at�orneys' <br /> fees to p�o�;�ct��s in�eres�ir��he P�ope�ty andlar ri��zts u��der��lis SeGu��ity rnstrume��, ir�clu�.�n�i�s securec� <br /> posi�ian�i1 a ba�l�ru�tcy prac�eding, Sec�ring�he 1'raper�y inclt�des, bu�is�a��im�tied��, er��eri�g�he <br /> Property���na1�e�epairs, char�g�loc�s, r�p�ace o��aard up doors and vvinc�o�ws, dra�n wa�er frotn pipes, <br /> eli�n��za�e bu�ld�ng or other code v�ola��o�s�r c�a�gerous cond�tions, and ha�e u�ilr�ies�urned an or�ff, <br /> Al�haugh Lenc�er xnay take ac�ion u�.�er�h�s Sect�on 9, Lender does r�o��ia�re ta da sa and is rint unde�r a�.y <br /> du�y or obligatioi��a�.o so. T�is agreec��ha�Lende��in�urs no �ia�if i�y��r not taki�7g any�r�;1�ac�io�.s <br /> �.u�ha�ized u��der�his Section 9. <br /> Atl�arnoun�s clisbursed by Lender utlder�;his Sec�ian 9 sha�I beco��ne add��ional deb�of Bar�av�rer secured by <br /> �his Secur�ty Iilstrutne�t. Tlzese ai�noun�s sha�r bear interes�at���e Note rate from t�1e date of dzsbursemen� <br /> and sha11 be paya���, Wii:�z su��i in�e�ests upon�.o��ce fro�n L�x�d�r to I3arrower reques�ing payrner�t, <br /> If�h�s Se�urity��s��r�.��nen��s an a�easeha�d, I3or�rawer�sha�� ca�n�ly w��h a�����e proVisions of t��e 1e��ee I� <br /> Bo�rovve�°acqLxires fe��i��e to�he Pro�er�y, �he lease�i��d a�ld�he fee t���e s�ia11 no��nerge unless Ler�der <br /> agrees�o��e�r�erger in vt�ri�i�zg. <br /> '!�r M o r��a�e ��s u ra n ce. rf Lender rec�uired 1Vlor�gage I�.�ura�zce as a condf�;io�i�f�nalfing the Loan, Bo�rav�rer <br /> sha1�pay�he pre�niutns rec�u�red�:o�naintain�he M�r�g�.ge�nsurance in e�rect. If, for any re�satz, �h� <br /> 1Vlor�gag��nsurance coverage required by Letl�er cease��o be availa�Ie fr��x�the rnor�ga.ge i��surer��lai: <br /> previously provid�d such�nsurarice an�B�r�•awer w�s�e�uired t��na1{e separa��ly desig�.a�ed p�.ymen�s <br /> �owarc�t��e pre�x��ums �or Mor•tg�.ge r�su�an�e, B��row�r sha���ay��1�preinzums required�o o��a�n cave�ag� <br /> subsl:an�ially equivaYetzt ta�he ll�ori;ga�e Yns�ra7tzce��°eviously iil�f�ec�, a�a cast subs��.n��a11y ec�u�va�et���o <br /> ��e�ost ta Bor�ower of 1;he IV�ortgage 7nsura.�zc�previously ir�effec�, f��o�n an a.�terna�e rnar�gage�nsuret <br /> select��by�Len�er. If substan�ially equival�n�Mo�•�gage Ii�surance covex•age is no�avai�a�b��, Bor��ovsre�s��al� <br /> ��404��93 <br /> NEBRASKA-Sing{e Family-�annie M ae�Freddi�M ac�NIFORM IN5TRLIM ENT Form 3�28�1Q 1 <br /> VM P p VM PG�N�}{�3Q2} <br /> 1N�Iters Kluw er�i�an�ial Services Page 8❑f 17 <br />
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