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201504547
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Last modified
7/21/2017 2:55:43 AM
Creation date
7/7/2015 2:20:26 PM
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DEEDS
Inst Number
201504547
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��15�4547 <br /> S. �ccupancy.Borr�wer shall occupy, establish, an�use the Proper�y as Borrower's principal residence <br /> v�ithin��days after the execution of this Security 7nstrument and sha11�ontinue to occupy the Prop�rty�.s <br /> Borrower's principal residence for at Ieas�one year after the date of occupancy,unless LendGr otherwise <br /> a,grees in writing,which consent sha11 not be unr�asanal�ly withhe�d, ar unless extenuating circumst�nces <br /> exist which are bcyond��rrow�r's c�ntro�, <br /> 7. Preservation,Maintenanceand P'rvtectionof the Property;�nspections.Borrower shall nat destroy, <br /> damag�ar impaYr the Property,al�a�v the Property to deteriorate or commrt waste on the Property. 'L�Vhether <br /> or not Borrower is residin�in the Froper�y, B�rrower shall maintaYn the Praperty�n order to prev�nt the <br /> Property from deteriorating ar d�creasing in value due to its condition.UnleSs it is determined pursuant tc� <br /> Section 5 that repair or restoration is not economically fea�ible,Borrower sha�l prompt�y repair the Praperty <br /> if damaged to avoid further deterio�ration or dama�e. If in�urance ar candemnatian proceeds are paid in <br /> connection w�th damage to,or the ta�ir�.g of,the Property, Borrower shall be responsible for repa�ring or <br /> restar�ng the Praperty only if Lender ha�released praceeds for such�purposes. Lender may disburse proceed� <br /> for th�repairs and res�oration in a single payment or in a series of progr�ss payments as the��ork is <br /> completed. If the insurance or candemna��on proceeds are not suf�cient to repair or restore the Proper��, <br /> �orro�ver is nqt r�lieved of Borro�er's obligation for the compl�tion of such r�pair ar restoration. <br /> Lende�or its agent may make reasona��e entries upon and inspections of the Property. If it ha�reasonable <br /> cause, Lender may inspect the interiar af the impro�ements an the Praperty, Lender sha11 give Borrower <br /> natice at�he time of or prior to su�h an interior inspection specifying such reasanabie cause. <br /> 8. E3vrrouver's Lvan Application.Sorrower sha11 be in default if, during the Loan applicatian process, <br /> Borrower�r any persons or entities acting at�he directian of Barrower or with Borrower`s I�nowledge or <br /> cansent ga�e materially false,misleading,ar tnaccurate iaformat�on or statements to Lender(or fai�ed to <br /> provide Lender with materia�inforrnation} in connecti�n with the Loan, Material representations include,but <br /> are nat lirnited to,representations concerning�orrower's occupancy of th�Property as Borrower's principa� <br /> residence, <br /> 9. Protectianof Lender's�nterest�n ths Pro�e�tyand Rights�lnder this Securi#y Ir�strument.�f�a} <br /> Barrav4rer fails to perfarm the covenants an�i agreements contaYned in thi�Security Instrurrient,�b}ther� is a <br /> legal proceeding that might significantly affect Lend�r's interest in the Property andlor rights under this <br /> Security I�strumer�t�such as a praceeding in banl�ruptcy,probate, for�ondernnatioa ar forfeiture, for <br /> enforceme�t of a�ien which may at�ain priority over thi�Security Instrument or ta enforce laws or <br /> regulations},or(c)Barrower has abandoned the Property,then Lender may do and pay for whate�er is <br /> r�asonable or appropria�e to protect Lender's interest in the Pr�perty and rights under this Sect�rity <br /> Instrument, inc�uding pro�ecting andlor assessing the value of the Prapert�r,and securing andl�r repair�ng <br /> the Property. Lender's actions can include,but are not limited to; (a�paying any sums secured by a lien <br /> which has priority aver this Security Instrument; (b}appearing in court;and(c)payin�reasonable attorneys' <br /> f�es t�protect its interest in the Prope�rty andlar rights under this 5ecurity Instrument, includ�ng�ts secure� <br /> position in a bankruptcy proceeding. Secur�ng the Property includes,but is nat�imited�o, entering the <br /> Praperty to make repairs,change locks,replace or b�ard up doors an�l windows, drain water from p�pes, <br /> e��mi nat�bui lding or other code violations or dangerous conditians,and ha�e uti 1�ties turned on or off. <br /> Althou�h Lender may take act�on under this Section 9,Lender does no�have to da so and is r�ot under any <br /> duty or obligat�on to do so. It is agreed that Lender incurs no liability fot not taking any or al1 actions <br /> authori�ed under this Section 9, <br /> q433414085z1 ��33 3�1 0817 <br /> NEBRASKA-5ingle Family-Fannie MaalFreddie Mac EJN��flRM IN5TRLIMENT WITH MERS �arm 3428 11a1 <br /> VMP� VMP6A[NE}�1�42}.44 <br /> Wo�ters Kluwer Finan�ial ServiGes Page 8 of 17 <br />
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