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201505073
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Last modified
7/21/2017 3:11:30 AM
Creation date
7/27/2015 11:52:44 AM
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DEEDS
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201505073
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��15�5D73 <br /> for the repaxrs and rest�ration in a sing�e payment�r in a��ries�f progress payments as th��vork i� <br /> camp��ted. �f the�nsuranc��r cond�n-�r�ati�n proceeds are nat suffic�ent to repair ar restore the Praper�y, <br /> Borra�v�r�s not re�ie�ed of B�rr�vver's Qbligat�on f�r the Gompleti�n of su�h repa�r or res�arat�on. <br /> Lender flr z�s agent may make reasanab���ntri�s up�n and inspe�tions of the Pr�per�y. �f it has r�as�nable <br /> cause, L�nder may inspect the interior af the improvernents an th�Property. Lender shall gxve Barrower <br /> n�t�ce at the t�me af�r pr�or to such an�nteri�r inspecti�n sp�cifying such r�asonabl�cause. <br /> S. Bvrrower's L.�an Application. Borrower sha�l be�n defau�t�f, dur�ng the Laan app�icatifln proc�ss, <br /> Barrower or any persans or ent�ties a�t�n�at th�direct�an of Borrawer ar w�th Barro�v�r's kno�i�dge ar <br /> consent gave mat�ria��y false, mi�leading, �r�naccurate inf�rmation or sta�ements to Lender(or fa��ed ta <br /> prov�de Lender wi�h ma��ria�informati�n}in connection with th�Loan. Materiai representations incxude, �ut <br /> are nat�zmited to, representations concerning Borrav�rer's occupancy of th�Praper�y as Borrower's pr�ncipal <br /> res�dence. <br /> 9. Pratectian �f Lender's �nterest in the Prvperty and Rights LJnder this Se�urity �nstrument. �f�a� <br /> Borrower fails ta p�rf�rrn the covenants and agreements cnn�a�n�d�n th�s Secur����nstrument, �b}�h�re�s a <br /> legal proceed�ng that rnight signif�can.��y affect Len�ier's�nterest in the Pr4per�y andlar rights under th�s <br /> Securi�y Instrument�such as a proceeding �n bankru.p�cy, probate, far candemnation or forfeiture, f�r <br /> enfarcernent of a�ien u�hich may attain priority aver thzs Securi�y Ins�rument ar to enforce�a�vs ar <br /> regu�a��ons}, or�c}Borrawer has abandoned�he Pr�per�y, then Lend�r ma�da and pay for vvhatever zs <br /> reasonab�e or appr�priate�o pratect Lender'�in�erest in�he Praper�y and r�ghts under this�ecur�t� <br /> �nstrument, includ�ng protec��ng andlor assessing the value of�he Pr�per�y, and se�urin�andlor repairing <br /> th�Property.. L�nder's act�ons ca.�xnc�ud�, but are na���m�ted�o: �a}payzng an�r sum�s secured by a��en <br /> wh�ch has priarity over�his �e�ur�t��ns�ruxnent; ��� appearing in cour�; and�c�paying r�asonab�e attarneys' <br /> fe�s�v pro��c�its �n�erest in the Praper�y andlor rights under�his Security�nstrumer�t, in�lud�ng�ts secured <br /> position in a bankruptcy�raceed�ng. ��euring th�Praperty �n��ud�s, but zs not limi�ed ta, entering the <br /> Pr�perty to make repa�r�, �hange�ocks, repiace�r baard up daors and window�, dra�.n�vater frarn pipesa <br /> elirninate building�r a�her cade�io�atia���r dax�gerou�can�.ition�, an�.ha�e u�i�it�e�turned o��r aff. <br /> A��haugh Lender may take action und�r this Section 9, Lender does nat have to da sa and is not under any <br /> duty�r obl�gat�on to do so. �t is agreed that L�nder incurs no l��bility for no�taking an�or alZ a�tians <br /> authari2ed un��r th�s Sect�on 9. <br /> Any am.ounts disbursed by L�nder under�h�s S��txan 9 shali became addi��ona�debt of Borrower secured b� <br /> th�s Security�nstrument. These amounts sha�l b�ar int�rest at th�Note ra��from the date flf�.xsbursem�n� <br /> and�ha�l be payab�e, w��h such�nterest, upon not�ce from L�nder�a Barrow��requ�s�ing paymen�. <br /> If this Se�urity�n�trument is on a leaseha�d, Bt�rrow�r shall comp�y vvi�h aI�the prov���ons of th�1�ase. Zf <br /> Barrnwer acqu�res fee titie to the Pro�er�y, the leasehal�and th�fee t�tle shall nat merge un�ess L�nder <br /> agrees ta the merger in�vriting. <br /> 7 Q. M�rtgage �nsurance. �f Lender required Mortgage Insurance as a�onditian of making the Loan, Barrower <br /> shall�ay th�prem�.ums requ�r�d�o maintain the Mar�ga�e�nsurance in effect. If, for an�r�ason, the <br /> N�ar�gage Insu�-ance cov�rage required by Lend�r ceases t�be ava��abie from th�mortgage�nsurrer that <br /> previously pro�ided such insurance and Borrower was re�uzred to make s�paratel�des�gnated paym�n�s <br /> towa��i the premiums far Mortgage�nsu�rarzce, Barrow�r shal�pay the prem�ums requ��ed ta o��ain coverage <br /> substant�a��y equiva�ent�o�h�Mor�gage�nsurance pr�vzous�y in�ff�ct, at a c�s�subs�antial�y�quivalent tfl <br /> th�cost to B�rrow�r af the Mor�gage�nsuran�e p�rev�ously in�ffec�, from an alternate martgage insurer <br /> selected by Lender. If substa�ztia�ly equi�a�en�Mor�gage�nsuranc�coverage�s no�avaxlab��, Borr�wer sha�� <br /> N�BRASKA-Single Family-�annie MaelFreddie Mac UNIFORM lNSTRUMENT �orm 3028 IIDi <br /> VMP�7 VMPfi�N�)[13Q2} <br /> Wolt�rs K[uw�r Financial Ser�ices Page 8 of 17 <br />
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