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201507702
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Last modified
7/21/2017 1:46:17 PM
Creation date
11/9/2015 10:30:23 AM
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DEEDS
Inst Number
201507702
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2� 15�77�2 <br /> for the repairs and rest�ra�ion in a single payment ar in a series of progress payments as the work is <br /> completed. If the insuranc�or�andemnatian praceeds ar�not sufficient to repair ar restore the Property, <br /> Barrawer is not reliev�d of Borrower's obliga�ion for the comple�ion of such repair or restorat�an. <br /> Lender or its a�ent ma� make reas�nable entr�es upon a�nd inspections af the Proper�y. �f i�has r�asonab�e <br /> cause, Lender ma� �nspec��h�int�rinr�f the impravements an the Property. Lender shal� �zve Borrawer <br /> no���e at�h�t�me af�r pr�or t�such an in�erior inspection specifying such reasnnab��cause. <br /> 8. Bvrrvwer's Loan App�ication. Barrower shal�be �n defau�t if, during the Loan app��ca�ian pr�cess, <br /> Borrower ar any persons ar ent�t��s ac�ing at�he dzrectzon of Borrovver or w��h B�rrower's kr�owl�dg��r <br /> consent ga�e m�aterially false, m�islead�ng, ar inaccurate informati�n�r statem�nts to Lender�or fail�d to <br /> provide Lend�r w�th ma�erial informati�n} in c�nn��t�an�i�h th�L�an, Material r�presen�a��ons �nc�ude, but <br /> ar�nat l�mzt�d�o, representat�ons cnn��rning Borro«er's occupancy of�he Frop�r�y as Borrawer's princ�pa� <br /> res�denGe. <br /> 9. Protection of Lender's Interest in the Property and Rights Under this �ecurity Instrum�nt. If�a} <br /> Borrower fails to perform�he covenants and agre�ments contained in this Securi�y Ins�rum�n�, �b} there is a <br /> legai prac��d�ng tha�m�ght significant�� affec�L�nder's int�rest in the Proper�y andl�r r�g�.ts under�h�s <br /> Se�urz�y�ns�rum�n� �such as a pro��ed�ng in bankruptcy, pr�bate, for c�ndemna���n or f�rfeiture, for <br /> enforcemen��f a lien which may atta�n pr�or�ty Qver this Secur��� �ns�ru�m�n�or ta enfarce laws ar <br /> regulatians}, or�c} Borrower has aband�ned the Proper�y, �hen Lender n�ay do and pay for whatever is <br /> reasonable or apprapriate to pro�ect Lender's int�rest in�he Praper�y and rights under this Secur�ty <br /> Instrument, in�luding protec�ing andlor assessing the va�ue of the Property, and securing andlor repairin� <br /> the Proper�y. Lend�r's aC�ions can include, �ut are no��imi�e�i to: �a}paying an� sums secured�� a�zen <br /> wh�ch has pr�ority a�er th�s Security �nstrument; ��} appearing in court; and �c}pa��ng reasonable attorneys` <br /> fees to pr������ts interest in�he Praperty andlor r�gh�s under this Secur�ty �nstrumen�, inc�uding its se�ur�d <br /> position in a ban�ruptcy proc�eding, Se�ur�ng�he Proper�y inc�ud�s, �ut �s not limit�d ta, en�ering�he <br /> Prop�rty�o ma�e repairs, �hange Iacks, rep�ace or baard up doors and windaws, dra�n v�ater from pipes, <br /> eliminate bu�id�ng or o�h�r�od�vi�Ia�i�ns�r dangerous conditians, and have utili��es turned on or off. <br /> Ax�hough L�nder may�ak�act�on under�his S�c�ion 9, Len�.er d�es not ha�e ta do s� and�s no�under any <br /> duty or ab�igat�fln�o do s�. ��zs agreed�hat L�nd�r�ncurs no�iab���ty far no��ak�ng any or aII actians <br /> autharized under this Se�tiQn 9. <br /> Any amounts disbursed by Lender under thzs Sec��on 9 shall became additiana� debt�f Borr�w�r s��ured b� <br /> th�s Se�urity Instrument. These amaunts sha11 bear interest at the Note ra�e from�he da�e nf d�sbursemen� <br /> and shall be payab�e, wi�h such in�erest, upon no��ce from Lender�o Borrower requesting payment. <br /> If�h�s S�cur�ty �ns�rumen��s on a leasehald, Borr�wer shal� camp�y w�th a�l the pra�isions af th�leas�. If <br /> Borrovver a�quires fee�it�e ta the Prnper��r, the�easehoid and the fee t�tl�sha�l not merge unle�s Lender <br /> agr�es to�he merger in wri�ing. <br /> �C]. N�vrtgage Insurance. �f Lender requ�red M�rtgage InsuranC�as a conditi�n of mak�ng �he L�an, Barrow�r <br /> sha��pay the premu�ums requ�red tn ma�n�a�n the IV�artgage Insurance xn effec�. �f, for any rea�on, the <br /> Mar�gage �nsurance co�erag�r�quired b�L�nder ceases ta�e a�a��a��e from the mar�gage insurer that <br /> previausly pro�ide�such insurance and Borra�ver�vas requir�d ta make separa�ely d�signate�paym�nts <br /> toward the premiums f�r Mor�gage Insurance, Barrower shal� pay�he premiums required to�bta�n coverage <br /> subs�ant�ally equivaXent ta the Mortgag��nsurance previously in effec�, at a c�st subs�ant�a�ly equi�a�en�ta <br /> �he cost to Borr�wer of the Martgage Insurance previously in effect, frnm an aiterna��mor�gage insurer <br /> se�ected by Len�er. �f subs�an��aliy equ�valen� Mortgage�nsurance coverage is not availabie, Barr�wer shai� <br /> N�BRASKA-Single Family-Fannie MaelFreddie Mac UNiFQRM INSTRUMENT Form 3Q�8�ID� <br /> VMP� VMPfi�N�j 4�302� <br /> Walters Kluwer Financial Ser�ices Page 8 of�7 <br />
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