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201504485
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Last modified
7/21/2017 2:53:59 AM
Creation date
7/6/2015 9:47:27 AM
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DEEDS
Inst Number
201504485
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��15�4485 <br /> for the repa�rs and r�stara�ion�n a sxngle payment❑r in a series of progress payments as the w�rk�s <br /> camp��ted. �f the insurance or condemnatian proceeds are nat suff�c�ent t�repair or restare the Propert�, <br /> Borro�ver is not r�l�eWed of B�rro�ver's�b��gat�on f�r the completion of suGh repair or restora�ion. <br /> Lender ar i�s agen�may make rea�anable entr�es upon an�inspect�ons of�he Prnperty. �f it has reasonable <br /> cause, L�nd�r ma�r znspec�the�n�er�a�of the imprav�rnents�n th�Prope�Cy. Lender shal�giv�Borrow�r <br /> no��ce at the time af or prior�a such an inter�or inspectian specifyix�g such reasonab�e cause. <br /> S. Borrower's Loan App�icatian. Barro�v�r shail be�n default if, during�h�L�an app��cat�on pracess, <br /> Borrow�r or any persans�r en�.Yt��s acting a��he d�rect�an of Borr�,vc��r or tivith Borrov�rer's knaw�edge or <br /> consen�gave materia�ly fa�se, misleading, or xnac�urate�nformat�nn�r statemen�s to Lender�ar fa��ed�o <br /> pravide I.�nd�r v�ith ma�eria� information} in connect�an w��h the Loan. Materia� representations inc�ude, bu� <br /> are n�t limited to, r�pr�senta�zons concerning B�rraw�r's occupan�y�f the Proper��as Borrower's principa� <br /> res�dence. <br /> 9. Prvtectian vf Ler�der's Interest in th� Property and Rignts Under th�s Se�u��ty lns#rument. Zf�a} <br /> B�rrower fa��s�a p�rform�he Govenants and a�r�em.en�s Gon�ained�n this Security�ns�rumen�, �b}�here�s a <br /> �ega�proceed�ng that migh�s�gni�can�ly aff�ct Lender's interest�n�he Property and�ar rights under th�� <br /> Security In��rument�su�h as a proceeding in bankrup��y,praba�e, for eondemnation ar forfeiture, for <br /> enforcemen�of a��en v�hich may a�tain pr�ority over�his S�curity Instrument or ta enfnr��lav�s or <br /> r�guia��on�}, or�e}Borrn�v�r has abandoned the Proper�y, �hen Lender may do and pay for whatever�s <br /> reasonab�e�r apprapr�ate ta protect Lender's inter�st�n�he Praperty and right�under�h�s�ecur�ty <br /> Instrum�nt, �ncludin�pratect�ng andlar ass�ssing the va�ue of��e Prop�rt�r, and s�cur�ng andlar repa�rxng <br /> �he Property. Len�er's ac���ns cata�r�c�ude, bu�are nat limited to: �a�pa�ing an�sums se�ured b�a l�en <br /> which has priori�y over this Secur�ty�nstrument; �b}appearing in�aurt; and��)paying reas�nable a��orneys' <br /> fees to pr�te�t i�s znter�st in�he Proper��andlor r�ghts under�his Se�urity Instrumen�, i�cluding its secured <br /> position in a bankruptc�r pro�eeding. Se�ur�ng�he Propert�inc�udes, bu�is nat Iimited�fl,entering the <br /> Property ta�na.��r�pairs, change��cks, replace ar baard up doors and w�nd�vvs, drain water franz pipes, <br /> ��,x��a��e��.il+ding+�r+�th�r�a��vz�����Qras�r�����rou�s�ox�d�t�ox�s, a��.�aav�ut�lities turned an ar�ff. <br /> A��haugh L�nder ma�r tak�ac�i�n under this Sec�ion 9, Lender d�es not ha�e to do sa and is not under any <br /> du�y or ob�xgation to�a s�. It is agreed�ha�L�nd�r�ncurs n��xab��x�y far no�taking any or a�l acti�ns <br /> autharized under thYs Sec�ivn 9. <br /> Any amaun�s di�bursed t�y Lender under this Sect�on 9 sha�l b�carne additivnal det�t of Barrower s�cured by <br /> this Secur�ty ins�rumen�. These am�unts shal�bear�n�erest a�the N�te rate from�he date of�isburs�men� <br /> and shall he payable, �i�h such in��rest, upon nv��ce fram Lender�o Borrower reques�ing payrnen�. <br /> �f th�s Security Ins�ru��n�is on a iea��ho�d, B��rrovver sha�1 camply with a���he provisians of the��a�e. �f <br /> B�rr�wer acqu�r�s f��ti���to�h�Pr�perty, the leaseha�d and the fee title shal�not merge un��ss Lender <br /> agrees�a the rn�rger in wr��ing. <br /> ��. Mvrtgage lnsurance. If L�nder required Mar�gage In�uran�e a�a cand��x�n uf making the L�an, Borrower <br /> shal.�pay the premiurns requir�d�o maintain the Mortgage Insurance in effect. �f, far any reason., th� <br /> Martgage Insurance coverage requ�re�.by L�nder ceases t�a be availa�le from the mor�gag�insurer tha� <br /> pre��aus�y pr��ided such insuranc�and B�rro�er was requ�red to make separate�y designated paym�n�s <br /> �award�he pr�miuxns for M�r�gage�nsuranc�, Bor�ower sha�l pay�he premiurns requ�re�.t�obtain coverag� <br /> substan�ial�y equ��a��n�t�th�Mor�gage�nsuran�e prev�ous�y in effec�, at a co�t subs�at�tially equiva��nt to <br /> �he cost�o Barrow�r�f�he Mortgage�nsuranc�prev�ausly in eff��t, from an al�ernate mortgag�insurer <br /> se�ec�ed by Lende�. If substan�ially�qu�va�ent M�r�gage�nsurance ca�erage is not ava�iable, Borrow�r shal� <br /> N�8RA5KA-Singie Family-�ar�nie MaelFredd�e Mac UNIF�RM 1N5TRUM�NT �arm 30�8 11D1 <br /> VMP[� VMPfitNE�{�3�2) <br /> Wvlters K1t�wer Finan�ial 5er�ices Pac�e 8 0��7 <br />
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