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201503337
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Last modified
7/21/2017 2:28:03 AM
Creation date
5/22/2015 9:54:02 AM
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DEEDS
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201503337
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��15�3337 <br /> for the r�pazrs and res�oratian in a s�ngle paym�nt ar in a serie� af pragress pa�men�s �s�he wflrk zs <br /> comp�e�ed. �f�he insurance or condemnation proceeds are not suffic�ent to repair ar rest�re�he Pr�perty, <br /> Barr�wer is nflt re1����d of Borravv�r's abligati�n for the comp�et�on af such repair or res�ora�i�n. <br /> L�nd�r ar its agent may ma��reasona��e entrzes upon and �nspect�ons of th� Prnp�rt�. If it has reasnnab�e <br /> cause, Lender may inspe�t the�nt�r�or of the �mpro�ements on�he Proper�y. Lender shall g�v�Borro�er <br /> na�ice a��he tim�of�r prio�r to such an znter�ar znspec��on speczfying such reas�nab�e cause, <br /> 8. Borrower's Lvan App�i�ati�n. Borrower shal� �e in d�fau�t�f, dur�ng�he Loan app��cation process, <br /> Borrower or any persons ar entities acting at the d�rectz�n af Bflrr�wer or with Borrou�er's know�edge or <br /> consent gave ma�erially false, mis�eading, flr inaccura��infarmat�on or statements to Lender�ar failed to <br /> pro�v�de Lender w��h ma�er�ai informa��on� in cannection vvith�he Loan. Ma�eria� representations inciud�, but <br /> are no��xmi�ed to, repre�entations c�ncerning Borrawer's occupancy of the Proper�y as Barr�wer's pr�ncipa� <br /> res�dence. <br /> �. Prvtectinn of Lender's �nterest in the Property and Rights Under this Security fnstrument. If�a} <br /> Barrower fai�s�o perform the c�venants and agreem�nts�antained zn this Security �nstrumen�, �b}there is a <br /> legal pr�ceeding that mi�ht�ignificant��aff�ct L�nder'� in�erest in th�Prop�rty a.r�dlar rzghts under this <br /> S�curity Ins�rument�such as a prn�eeding in bar�krup�c�, probate, for c�ndemnat�an ar forfeiture, for <br /> entorcement o�a��en wh�ch may a�tain pr�nrx��over�his��curi�y �r�strument�r�o enfarce laws ar <br /> regulations�, ar�c} Borrower has abandoned�h�Prnperty, �hen Lender may do and pay for whatever is <br /> reaso�able or apprapriat�to prot��t L�nder's �nterest �n th�Prop�r�y a.r�d rzghts under this Securi�y, <br /> Ins�rumen�, including pratecting andl�r assess�ng��.e va�u��f�he Praper�y, and securing andlor repa�r�ng <br /> �he Property. Lender's actions can in�lude, bu�are not�imuted to: �a}paying any �ums secured b�a��en <br /> vvh�ch has priori�X over�his Secur�ty�nstrumen�; �b}appearing in caur�; and�c}paying r�asanab��attoz n�ys' <br /> fe�s to protect zts�n�eres�in�he 1°r�per�y andl�r rights under��i�s Securi�y Instrument, includ�ng ��s secured <br /> po�itian in a bankrup�cy proc�eding. Securing the Pr�per�y �nc�udes, but is not limited�a, enter�ng the <br /> Pr�pert�to rnake repa�rs, change�acks, replace or board up d�ors and w�ndavc�s, dra�n wa��r fr�rn p�pes, <br /> ����inat�buildinb�r�ther���d��r���a���ons �or�ang�r�us�c�n�iti�ns, an�.ha�r�ut���ti�s �urn�d�on�r�ff. <br /> A�though Lender may take action under�his Sec��an 9, Lender does not ha�re to do sa and is not under an�r <br /> duty�r obl�gat�on�o da s�. I�is agre�d�ha�Lender incurs na l�ab�l�ty for n�t�aking ari�or a�Z ac�i�ns <br /> au�hori2ed und�r this Secti�n 9. <br /> Any am�unts dis�ursed�y Lender under th�s Sec�x�n 9 shal�b���m�addzt��nal de�t of B�rrower�ecured b� <br /> �his Securi�y�nstrument. These a�mounts�ha��bear�n�erest at th�Nate ra�e fr�m�he date�f disbursement <br /> and sha��be payable, u�i�h such in�er�st, upon natice fr�m Lender�fl g�rrawer requ�sting payment. <br /> �f this Secur����ns�rument i��n a��asehold, Borra�ver sha11 compl��vith a11 the pro�isions of the Iease. If <br /> Borr�vver acquires fee tztle t�th�Proper�y, �he leas�ho��and the fee�it�e shall no�merge un�ess Lender <br /> agrees ��the merg�r in wrzt�ng. <br /> 'I�. Mvrtgage Insurance. If Lender requ�red Mor�gage�nsuranCe as a canditzon of mak�ng�h�Laar�, B�rrow�r <br /> sha��pay�he premium� required to mainta�n�he Mar�gage�nsurance xn effec�. �f, for any r�ason, the <br /> M�r�gag��nsurance���erage r�quired by Lender c�ases�Q�e avai�ab�e from the m�r�gage insur�r�hat <br /> prev�ous�y pr�vided such insurance an�Borro�ver was required�o make separately designa���pa�ments <br /> ��v5rard the prem�ums for M�rtgag��nsuranc�y Borrower sha�l pay the prem�ums required ta obta�n coverage <br /> su�s�antza��y equxvalen�t�the Mor�gag��nsurance pre���us�y �n effect, a�a cos�substantial�y equxvalent�a <br /> �he c�st to Borrov��r af the Mortgage�nsurance pr�v�ous�y�n effec�, from an a�t�rnate rnortgag�insurer <br /> se�ect�d by Lend�r. If substan��al�y equi�a�en�Mor�ga�e�nsurance coverag��s n�t avai�able, B�rr�w�r sha�l <br /> N�BRASKA-5ingle Family-Far�r�ie MaelFreddie Mac uNI��RM INSTRUMENT Form 3028 11�� <br /> VMP Q VMPfitN��{1302f <br /> Wolters Kluwer�inancial Ser�ices Page 8 of 17 <br />
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