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201502143
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Last modified
7/21/2017 1:51:04 AM
Creation date
4/7/2015 11:18:02 AM
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DEEDS
Inst Number
201502143
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��15��143 <br /> consent shall not b�unreasonably withheld, nr unless extenuating ci�cumstances exist whiGh are b�yond Borrower's <br /> cvntrol. <br /> 7. Pr�er�atiaa, Maintenance and Protecti�n of the Froperty; Inspectaons. Bonower shall nvt destr�y, <br /> damage nr impair�he Property, a11ow the Property to deteriarate or commit waste on the Property. Whether or not <br /> B�rrower is residi.�.g in the Praperfiy, Barrawer shall m�intain the T'roperty in order ta prevent the Prvperty from <br /> deteriarating or d�creasing in�alue due ta its condition. Unless�t is deterr�runed pursuant to S�tion 5 that repair or <br /> restoration i�nut ecanomically feasihle, Borrower sha11 promptly repair the Prop�rty if damaged ta a�oid further <br /> deteriora�tion or damage. If insurance or condem.n�tion praceeds are paid in conne�tion wi�h damage to,or the taking <br /> af, the Pr�perty, Barrawer sha�l b�responsible for repairing or restoring the Pro�rty only if Lender has released <br /> proceeds far su�h purposes. Lender rnay disburse praceeds for the repaxrs and restoratian in a single payment or in <br /> a series of prQ�ress payments as the wark is campleted. If#he insuranc�or cvndemnati�n pro�eeds are nat 5uffic�ent <br /> to repair or restore the Froperty,Borrower is no�relie�ed of Barrawer's obligatian for the completian af suGh repair <br /> or restaration. <br /> Lender or its a�ent may make reasonable entries upan and inspections of#he P�operty. If it has reasanable�ause, <br /> Lender may i.nspect tb.e interior of the i.mprovements on the Praperty. Lender sha11 gi�e Borruwer notice a�the time <br /> of�r priar ta such an interior inspection specifying such reasvnable cause. <br /> S. Ba�rrav�ver's Loan Applicai�on. Borrower shall be in default if, during the Loan app�ication proc�ss, <br /> B�nower or any persons ar entities a.�ting at the direc�ion of BanQwer or with Sorrower's kn�wledge Qr consent ga�e <br /> materially falsex misleading, or ina�curate infvrmation or statements to Lender��r faYled to pra�ide Lend�r with <br /> material infarmativn� in c�nnection with the Loan. Mat�rial representations include, but are n�t limited t�, <br /> representations concerning Borrower"s occupancy a�f the Propecty as Borrower's principal residence. <br /> 9. Protection of Lender's Interest in tbe Property aad R�ights Under this Security Instrumen�. If(a} <br /> �orrower fails ta perform the co��na.nt�and agreements con�ain�d in this Security Instrument, �h}there is a legal <br /> proc�edi.ng�hat mi�ht si�nificantly affect Lender's interest in the Pr�pert�andJor righ#s under t.�is Securi�y Ix�tru.ment <br /> (such as a praceeding in bankruptcy, prabate, far candemnativn or forf�iture, for enforcement of a lien which may <br /> attai.n priarity o�er this Security Instrument or to enforc�laws or re�ulatians�, or(c}Borrower has aba.ndoned the <br /> Property, then Lender may do and pay far whatever is reasanahle ar apprapriate to protect Lender's interest�n th� <br /> Property and rigb.ts under t�ais 5ecurity In�truxnent, inGluding protectixa.g andl�r asses5ing the va�ue�f the Property, <br /> and s�curing an.dlor repairing the Pragerty. Lender's actions can include,but are nvt li.mited to: (a�paying any surns <br /> secured by a lien whicb has priority a�er this Se�urity In��ru,ment; �b}appearing;n c�urt; and{c�payi.ng reasanable <br /> attomeys' fees to protect its int�rest in the Property andlor rights under tlus Security Inst�rument,includi.ng its secured <br /> posit�an in a baz�kruptcy praceeding. S�curing the Property includes, but is no�lirnited t�, entering the Praperty to <br /> mak�repairs, cha.nge lacks, rep�ace or board up doar�and w�ndows, drain water fram pipes, eliminat�building or <br /> ath�r cod��ivlations or dangerous canditions, and have uti�iti�s turned on or off. Althau�h Lender rnay take actian <br /> und�r this S�ction 9z Lender d�s not ha�e to da sa and is nat under any duty or obligation to da sa. It is a�eed that <br /> Lend��incurs no liability for not tal�ing any ar a11 a�tions authorized under this Section 9. <br /> Any a.maunts disbursed by Lender under t�is 5e�tion 9 shall become additional debt of Barrower secured hy this <br /> Security Instrument, These am�unts shal�bear interest at the Note rate from the date of dis�ursement a.nd shall be <br /> payahle,with such interest, upon notice from Lender to Borrawer requesting payment. <br /> If this Security Instrum�nt �s an a leasehold, Borrower shall comply with all the pravisiQn.s of the Iease. <br /> Bonawer shal.l nat surrender t�e leas�hvld estate a.nd interests herein con�eyed or t�rminat�or cancel the ground l�ase. <br /> Borrower shall nat, withvut the express written consent of L�nder, alter ar amend the �round lease. If Barrawer <br /> acquires fee t�tle to the Property, the�easeho�d a�ad the fee title shail not merge un�ess Lender agrees to the merger <br /> in writing. <br /> lU. Mortgage Insurance. �f Lender required Mvrtgage Insurance as a candition of making the Loan.,Borrower <br /> shall pay the premiurns reqtured tcs mai.ntain the Mortgag�In�ura.nc�in effect. If, for any reason, the Mortgage <br /> Insurance ca�erage r�aquired by Lender ceases to be a�ailable frozxi the mortgage insurer that previausly provided such <br /> iva�urance and Bonrv�ver was required�a make separare�y desig�nated�ayments taward the premiums far Murtgage <br /> Ln.surance, Borrower shail pay the premiums required t�obtain caverage substantially equi�aient�o the Martgage <br /> NEBRASIC►�Single Family—Fannie MaelFreddie Mac 11NIFQRM �NSTRUMENT-M�RS �e��� <br /> Form 3D�8 1l�1 Page l o# 15 www.docmagic.e+vm <br /> � <br />
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