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201504856
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Last modified
7/21/2017 3:05:06 AM
Creation date
7/17/2015 10:39:39 AM
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DEEDS
Inst Number
201504856
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��15�455� <br /> far the repa.irs and rest�ra.t��n in a 5ing�e payment or in a serie�of progress paymer�ts a�the w�r�is <br /> completed. If the insuran�e or candemnation pr�eeds are nvt suf�i�ient t�repair�r rest�re tl�e Pra�rty, <br /> Borrawer�s nat relieved of Borrower's obligati4n for tl�e complet�an�f such repair or re�t4ration. <br /> Lender ar its ager�t may ma.ke reason�able ern�ri�s upon and inspectians of the Prvperiy. If it h,as reason�able <br /> cause, Lender ma.y inspect the interior of the�mprav�ments�n the Property. Lender sh�.11 g�v�Borrower <br /> no�ice at the time af ar pri�r tv such an interiar u�s�ction sp�cifying su�h reasona�le cause. <br /> 8. Bvrrvwer's L�aan ►4ppliGat�on. Borrovver sha].1 be in default if, during the Laan application process, <br /> B�rrower or any persons or entities acting at the dinectian�f Bvrrower vr with Borrvwe�'s knowledge or <br /> C�x�ent gave rnaterial�y false, misleading, or ina+ccurat�e inforn�ation or sta�ements to Lender�or failed to <br /> prvvide Lender with ma�erial infarmation}in conne.�tinn with the Loan. Ma�eriai representat'rons ix�.clude, but <br /> are nvt limite�to, represen�ati�ns conc�rning Borrower's�c�upancy af the Pro�riy as Borrower's prin�ipa� <br /> residence. <br /> 9. Protection �f L�ender's �ntenest �r� the Pr�perty and Rights Under��is 5ecurity Ir�stFument. �f�a) <br /> Borrawer fails to perf�rm�he cv�enants and agreem�ents conta.ined in t.his Securi� Ins�trurndent, �b}there is a <br /> 1ega�prvc�eding that nught s�gnif'�ca.nt�y affect Ler�der's interest in th�Praperty andlor rights under thi� <br /> Security Instrument�such as�praceeding in bankn�ptcy, probate, for condemna.ti�n�r f�rfeitur�, for <br /> enf�rcement of a ii�n which may attain priority aver this Security Inst�ument or to enf�rce laws or <br /> regu�ati�ns}, or��}Borr�wer h,as abandoned th�Pr��rty, then Lender may d�and pay far whatever i5 <br /> rea.sonable or appropnate to protect Lender's interest in the Praperty and rights under this Seeurity <br /> Instrument, inc�uding protec�irig an+dlar assessing the va�ue of the Property, and securing and,lor repairing <br /> the Property. L�nder's acti�ns can include, �ut are nat limited ta: �a}pa�ix�g arry sums secure�by a lien <br /> which has priarity over this Security instrument; �)ap�aring in court; and�c}paying reasonahle a�tvrneys' <br /> fees to protect its interest in the Property andlor rights under this Security�nstnun�ent, inc�ud�ng its secured <br /> p�s�tion in a bankruptcy praceeding. Securing the Praperiy includes,but is nvt 1im�t�to, enteru�g the <br /> Property to mak�repairs, change lock,s, replace or I�oard up doors and wi��ws, drain�va�er from p��s, <br /> elirninate buildin.g or other code violat�ans ar dangerous conditions, and have ut�li�ies turned vn�r off. <br /> A�th4ugh Lender may take action un�der this Sectifln 9, Lender does not have to do so ax�d is not under arry <br /> duty or al�ligatian to do so. It is agr�ed that Lender incurs no I�a.b�lity for not ta.kuig any or all actaion� <br /> authori�ed under�his Section 9. <br /> Any am�unts disbur�ed by Lender under this Secti�n 9�hall bec�me addi�tioxaal de�t�f Borrovver secured by <br /> this Security Instruxn�nt. These amvunts shall�ear interest at the l�ote rate frflrn the date af dis�ursement <br /> � and sha��be payahle, w�th such i_nt�rest, �pon notice from Ler�der to Borr�wer r�questing paymen�. <br /> If this Security Instrument is on a Ieasehold, Borrawer shall�omply with all the pr�vi�ior�pf the lease. If <br /> B�rraw�r arquires fee t�t1e tQ th�Property, the leasehold and th�fee title sha11 no�merge unless Len+der <br /> agrees to th�rn�rger tn writing. <br /> 14. M�r�gage �ns ura nce. If Lender required Martgag�In��rance a�a condition of making�.he Loan, Barrflv�er <br /> sha11 pa�the premiurns r�uired to main�ain the Martgage Insura.nce in effect. If, for any reasan, #h� <br /> Mortgage Insurance co�erage req�.ured by Lender ceases�a be a�ailable from the nlortgage insurer that <br /> previaus�y pravided such in��r�nce anad Borrower wa�requ�red to make separately designated p�.ym�ents <br /> toward the premiums for M�rtgage Insll�?p�e, Borrower shall pay the pr�mium,s required ta�btain coverage <br /> substantially equi�alent ta the Mor�gage Insura.r�ce pre�i�usly in effect, a�a c�st suhstani�iially�qu.i�a�ent to <br /> the r,vst to Barrower of the Mortgage Insuranc�pre�iously in e�ect, from an alternate mortgage insurer <br /> sele�ted hy Lender, If subst�a.nt�ally equi�a��nt Mortgage Insurance cvverage is not a�ail�ble, Bvrrower sha�� <br /> �2QD�18736 ❑VfiNE <br /> NEBRA5ICR-5mgle Family-Fannie M aelF►eddie Ma�L1NiF�RM 1NSTRUM ENT Farm 3428�1d 1 <br /> VAAP¢] VMPB(NE}�13�2) <br /> Vldaiters Kluwer Financial Servie�s • Page 8 af t 7 <br />
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