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201506702
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Last modified
7/21/2017 8:29:19 AM
Creation date
9/30/2015 12:29:12 PM
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DEEDS
Inst Number
201506702
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��1 5�67�� <br /> �. ��Gupan�y. Borrawer shall occupy,establish,and use the Property as Borrower'S principal residence <br /> within��days after the execution of this Security�nstrument and shalt cantinue to occupy the Property as <br /> Borrower's principa7 residen�e f�r at least one year after the da�e of o�cupanc�,unles�L�nder ath�rw�se <br /> agrees in wri�ing, which cons�nt shall not be unreasonably withheld,or unless extenuaring circumstanc�s <br /> exist which are beyond Borrower's control. <br /> l. Preservatian, Maint�nance and Prote�tion of the Pr�perty; Insp�ctions. Borrawer shall n�t destroy, <br /> damage or impair the Property,allow the Property ta deteriarate or commit waste an the Property.Whether <br /> or not B orrvwer is residing in the Praperty,B orrower shall maintain th�Praperty in arder to pre��nt the <br /> Property fram d�teriorating or decreasing in�alue due to its condit�on.Unless it is determined pursuant to <br /> �ection 5 that repair�r res�oratian is nat econ�mically feasible,Borrawer shal�promptly repair the Property <br /> if damaged to avoid furrher deterioration�r damage.If insurance or condemnation proc�eds are pa�d in <br /> conn�ction with damage ta, or the taking of,the Prap�rty,Borrower shail be responsible for repairing�r <br /> restoring the Property anly if Lender has reieased proceeds for such purpc�ses. Lender may disburse proceeds <br /> for the repairs and restorativn in a single payment or in a series flf progress payments as the w�rk is <br /> complet�d.If the insurance or�andemnation procee�s are not suff'��i�nt to repair ar restore the Property, <br /> Borrawer i�not relie�ed�f Borrower's obligatian far the compietion of s�ch repair or restoration. <br /> Lend�r or�ts ager�t may make reasonable entries up�n and inspections of the Property. If i�has reasanable <br /> cause,Lender may inspect the interior of the improvements on the Property. Lender shall give B�rrawer <br /> notice at the time of or prior to such an interior inspection specifying such reasanable cause. <br /> 8. Borrow�r's Loan Appl�cation.Borrower shall be in default if,during the Laan application process, <br /> Borrow�r or any persons or entities acting a�the directian of Borrower ar with Bvrrower's knowledge or <br /> consent ga�e materialiy false,misieading,or inaccurate informa�ian�r statements to Lender�ar failed ta <br /> provide Lender with rnaterial�nformation}in cvnnection w�th the Loan. Material represen�ations include,�ut <br /> are nat limited to,represent�tions concerning Borrower's occupancy of the Praperty as Borrov�er's principa.l <br /> residence. <br /> 9. Protecti�n �f Lender's Interest in the Pr�perty and Rights Under this Securi#y Instrument. If�a} <br /> Borrower fails to perform the co�enants and agreements cantained in#his Security�nstrument,�b}there is a <br /> �egal proceeding that might significan�ly affe�t Lender's interest in the Property andlar rights und�r this <br /> Security Instrument(su�h as a groc�eding in bankrupt�y,probat�,for candemnatian or farfeitur�,far <br /> enforcement af a lien which rnay a�ta.in priarity over this Security Instrument or to enforce laws or <br /> regulations},or�c)Borrower has abandoned�he Property, then Lender may do and pay for whate�er is <br /> reasonable or appropriate to pro�ect Lender's interest in the Property and rights under this Security <br /> Instrum�nt,i�cluding protecting andlor assessing the value af the Property, and securing andlar repairing <br /> the Property. Lender's actions can inGlude,but are not lirni��d to: �a}paying any sums secured by a�ien <br /> which has pr�orit�a�er this Security�nstrument; (b}appearin�in court; an�(c}paying reasonable attorneys' <br /> fees to protect its interest in�he Property andlar rights under this Security Instrument,including its secured <br /> pasition in a bankruptcy proceeding. Securing the Praperty in�ludes,but is not lirnited to,entering the <br /> Property to make repairs,change Io�ks,replace ar bnard up doors and windows,drain water from pipes, <br /> eliminate building or other code��olations or dang�rous canditions,and ha�e utilities turned on vr off. <br /> Although Lender may take��tion under this Sectian 9,Lender daes nvt ha�e�o d❑so and is nat under any <br /> duty or abligation ta d�sa.�t is agreed�hat Lend�r incurs no liahility for not taking any or all actions <br /> authorized under this Sec�ian 9, <br /> 159�56753 a�92144744 <br /> NEBRASKA-S�ngie Famiiy-Fannie MaelFreddie Mac UNIFQRM ENSTAUM�NT WITH MERS Form 34�8 1l0i <br /> Woltar��s�{luw�r Financial 5ervicas VMPfiA�I�Page 8 vf�7 <br />
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