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201507396
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Last modified
7/21/2017 1:31:22 PM
Creation date
10/28/2015 1:09:32 PM
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DEEDS
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201507396
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2� 15�739� <br /> d�.m�.ge ta,�r�.es�ruction of,th�Pr�p�r�y, such pa��cy sh�.11 i�r��Iu.�e a st�.ndard mor�g�.ge cl�.use and sha11 <br /> n�n�.e Ler�d�r as mor�gagee anc]lor as an additiana��oss paye�. <br /> lx���e ever�.t of lo�s,Bo�rotiver sh�.11 giv�promp�not�ce to th�i�su:r�.nc�carrzer an�Lender. Lender may <br /> ��.k�p���f��1a�s�f not ma�.�prorr�ptly�y Borrovver.Unless Lender and Borra�er��h�rv��se agr�e ir� <br /> �r��ing, a��insurax�ce proc�eds, whethe�°�t•not the un�.erly�ng insuran�e�as requir�d by Ler�d�r, s�a11 <br /> be�.pplie�to res�ora��nn or repair o�'t�ie Prop�r�y,�f�he res��ration o����air�s economically�eas�b�e ar�d <br /> I��r��.�r's �e��.�.ri�y���.at�essened.During such repa�r and restc�ratior�p���d,Lender sh�ll hav�the r�ght <br /> ���01�.sl�.ch i�surance praceec�s u�.��l Ia�nder has had an oppor�unity t�ins�ect such Prop��ty i:o ensure <br /> th�v�ork has bccn comp�c�ed�a Lend��r's satzsfacti�n,prov�ded�hat su�h inspec�ion sha11 be und�r�akcr� <br /> pr�m��X�r.Lender may disburs�proce�ds for the repairs and res�ora��o�.in�.sing�e p�.ym�nt or in a ser��s <br /> of_pr.agr�ss payrnen�:s as the�oxl��s compl�t�d.Unless an�:gr�emen��s ma�e�.r�.vvr���ng ar A�plic�.bl� <br /> Lavv r�c�ui��s in�eres�to�e p�.id�n such ir�surar�ce praceeds,l�ender sh�.11 na�be req�.iired�a p�.y Bo�°ro�er <br /> an�ir�t�res�:or e�.rr�ings on such procee�.s, Fees for publi�adjL�sters, or o�:he�third p�.r�ies,r�1;�.in�d by <br /> Boz7rov�e�°sha11 z�o��be pa�c�o�x�of�h�it�.sur�.nce proceeds�.nc�sh�.11 b�the so�e oblig�.�ion o�Bor�'o�r�r, <br /> If��i�res�or�.tion ar r�pa�r�s no��cc�nam.���.��y feasible o�°Lender's securit��ould�e lessened,�:he <br /> i�sura�ce proc�eds sha�1 be�.ppl�ed�o�he sums sect�red by�n�s S�curi�y Instrumen�,wn��her or°nnt��:en <br /> du�, �rit�.�he excess, if any,paid�o Borrower. St�ch�nsurance�roceeds sha��be app����.�n�he order <br /> pravzdec�for xn Section 2. <br /> If Borrotiver aband�r�s t1�e P�op�r�y, Lend�r m�.y file,negat�ate and se���e a�.y ava���:b�e�nsurance cla�m <br /> and r��a�:e�.nn�.�ters.If Barrovv�r�.���na�respand v5ritha:n.3�days to a�.a��c�from Lendezi�ha��h�insurance <br /> carr�er has affered t� se��le a claim,then Lender m�.y n�gat�at��.nd se���e�he c�a�m.The 3�-day period <br /> �i�l�beg�.v�rhen the nottce is given. Ir�either°�ve��, or�f Lend�r acc�u�res the Praper�y under Sec�ior�22 <br /> or o�her��.��,�3orro�er herehy assi�x�s ta Lender��.}Barrower's r�g�:��to�:ny ar�sur�.n�e�ro�eeds in a�. <br /> �.znoun�not�o exc�ed the amoun�s u���.id under�he N�te or this �ecur�ty Ins�rumen�,and�b} �.ny�ther <br /> of Barravsr��r'�r�ghts (ot�er th�.n�he ri�ht ta ar�y refi.�nd of u�.��rned prem�ums pa�d by Borra�rer}under <br /> all�rasu�an.c��po�ic�es caverir��th�l'r�pez�y; insaf�.r as such r�gh�s are app��.cab�e to�he cav�r�.ge af�he <br /> Prap�r�y.L�r�d�r m�.y use tk�e insurance p�o�eeds either��rep��ar�r res�ore�he Praper�y or to pay amau�.�s <br /> �.n��.id�.c���°the No�e or�h�s S e�ur��y In.s�rume�t,wh.e�her ar no�the�.due. <br /> 6. ���u p���y.B orro�ver sh�.11�ccupy,�s�ablish,an�.us e the P�op�r�y�s B arrower's pr��cipal res�de�c� <br /> �vv��hin��c�ays after t�ie exect�tior�of th�s S�curity Instrument anc�sh�.11 continue�o o�cupy��.e Pro�e�y <br /> as Borrower's�rinci�a�.l resi�.�r��e f�r at�e�.s�a�e ye�.r after the�a�e of occupar�cy,unl�ss Lend�r otherwise <br /> �gre�s�.r�wr.�.ting,which conser��sha�1 r�o�be urireas�n�.b�y�v�t�helc�,or�.�nless extenua�ing cir�uxns�ances <br /> e�.�st which�re beyond Borro�er's contr�l. <br /> 7. Pres�rva�i�n� �a�n�enan�� �nd I�rot�ctian �f th� Pr�p�rty; Insp��ctions� Borrower shall <br /> n�t des�ro�, darnage or�mp�.�r�he Proper�y, �.�lovv t�e Proper�y�o de�e�.ora�e�r comm.i��vv��.s��or��h� <br /> Prop��y, �i�ther or�.o�Barro�er�s res�d�ng�r�the P�op�r�y,�orrawer shall main�a��.�h.�Proper�y in <br /> or�.er�o prev��t�he Proper�y from�eter�arating�r decre�.s�ng in v�.�ue due to xts c�n��txon.Unl�ss���s <br /> determa�.e�.pt�rsua�.t t� S ection.5 �ha�rep�.�r or�es��rat�on�s�.o�econom.�ca�ly f�as�ble,Borrower sha1� <br /> prom���y re��.�r�he Pr�per�y i.f�.�.maged�a�.voi�.fur�hex c�e�er�ar.�.�zon or damage. If�nsuxan�e�r <br /> canc�ernn.�.�:�on pra ceeds are�aid Zn�o�e��io�vvith damage�a, ar�h��ak.i�a.g o f,�he Prop�rty,B ar�ower <br /> sh���be respo�.sible for rep�.rring�r restorir�g the Proper�y�nly�f�end�r h�:s re�eased proceeds for such <br /> HCFG-Ofl353 <br /> NEBRA�KA-Single Family�Fannie Mael�reddie Mac UNI��RM lNSTRUMENT Form 3�28�1a1 <br /> VMPD �31�5 <br /> Walt�rs Kluwer Flnan�ial 5ervices 2Q�6��22�5.2,2,3298�J2��50506Y Pag�7 of�7 <br /> * � � � <br />
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