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201507902
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Last modified
7/21/2017 1:53:05 PM
Creation date
11/17/2015 10:10:30 AM
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DEEDS
Inst Number
201507902
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2� 15�79�2 <br /> far�he repairs and res�o�-�tion in a single paymen�or in a s�r�es of p�rogress payments as the work is <br /> completed. If th� insuran�e or condemnat�on pro�eeds are nat suff�c�ent to repa�r or res�or�the Fraperty, <br /> Borrower �s no� reiz��ed of Borro��r's ab��gat�on fo�r the camp�et�an af such r�pa�r�r re��orat�nn. <br /> Lender or its agen�may mak� reasonable en�ries upon and inspections o�the Property. If it has reasonab�e <br /> cau�e, Lend�r may inspect the �nterior of the improvements on the Property. Lender shai� giv�Borrower <br /> notice a� th�time�f or prior to such an interior insp��tion spe�ifying such reasonable caus�. <br /> 8. Bvrraw�r's Loan App�ication t Borr�we�r sha�� be �n default �f, during the Loan app��catian proc�ss, <br /> Bar�rawer�r any p�rsons a��en���ies ac�ing at �he d�rec�ion of Borrower or with Borrower's know�edge or <br /> consent gave ma�erial�y fa�s�, m�s�eading, or inaccurate informat�an�r statements to Lender�or fai�ed �o <br /> prav�de Lender tivith materia� inf�rmati�n} in cann�ctian w�th the Loan. N�a�erial repres�nta��ans �nc�ud�, but <br /> are no� Iimited to, represen�ations cancerning Borr�wer's flccupanc� of�h�P�aper�y as Borrov�er's principa� <br /> z-esidence. <br /> 9. Protect�on ❑f Lender'� interest �n the Prvperty and �igh#s Under this Secur�ty �nstrument. �f�a} <br /> Borrov�er fails to perfarm the covenants and agreements canta�n�d in this Secur�ty �nstrument, �b} ther� �s a <br /> legai proceeding tha�might significantly affect Lender's in�erest in th� Prop�rty andlor rights under th�s <br /> Securit� �nstrument �such as �proceed�ng �n bar�krup��y, proba�e, for conden�.nat�on or farf�itur�, far <br /> �nforcemen�of a I�en which may atta�n pr�or�ty o�er th�s 5ecurity �nstrument or to�nforce laws�r <br /> regulat�ons}, ar�c} Borrower has abandaned �he Pzaperty, then Lender rnay da and pay for�vhatev�r is <br /> rea�onab��ar apprapr�ate to�r��ect Lender's int�rest in �h� Praper�y and r�ghts under�hi� Security <br /> �nstrumen�, inGluding pratec�xng andlar assessing the�alue of�h� Praperty, and securxng andl�r repa�rxng <br /> �he Pr�perty, Lender`s act�ans�an inc�ude, bu� ar�n����mit�d to: �a} pay�ng any sums secured by a�ien <br /> which has priarity o��r this S�curi�y In�trumen�; �b) appearin� �n cour�; and �c}pa��ng reasonab�e attorney�' <br /> fees tn protect �ts int�r�st in �he Pr�per�y andlor r�ghts under th�s Secur�ty �n�trument, including i�s secured <br /> pos�t�on �n a bankruptcy prac�ed�ng. Secur�ng the Praperty �nc�ud�s, but is not l�mited ta, entering th� <br /> Proper�y to make repazr�, change�ocks, rep�ac�or baard up doors and window�, drain water from p�pes, <br /> e�im�.�nate bu��d�ng or other code����at�an�or dangerau�canditians, and have utili�ies turned on or of'f. <br /> Although Lender may �ak�act�an under�his Sect�on 9, L�nder do�s not have to do so and is not und�r any <br /> duty or ob��gation to da so. �t is agreed �hat Lend�r incurs no �iabi�ity for not taking an�or a�l ac��ons <br /> author�z�d under this Sect�on�. <br /> Any amaunts disbursed by Lender un�e�-th�s Sec�ion� sha�l becon�e add�t�onal �eb��f Borrower se�ured by <br /> th�s Seeuri�y Insti-ument. Thes� amounts sha�� b�ar �nter�st at the Not� ra�e f�ram the date of disburs�ment <br /> and sha�� be pa�abl�, v��th su�h inter�s�, upan na���e from L��.der to B�rr�wer reques�ing pa�m�n�, <br /> �f�his Security �nstrument xs o�a a lea�eho�d, Borr�w�r shal� �amply with a�� the provisions af�he �ease. Xf <br /> Borrawer a�qu�res fee ti��e �o �he Praperty, the leas�h�id and the f�e t�tle sha�� not nler�e unless Lender <br /> agrees ta the merger in�►rriting, <br /> '1�. IV��rtgage �nsuran�e. �f Lend�x xequ�r�d Mortgag� �nsuran��as a condition of making the Loan, Borrower <br /> sh�ail pay the premiums r�qu�red ta nr�a�ntain the Mortga�e Insurance �n effec�. �f, for an� reason, the <br /> Mnrtgage �nsurance coverage required by Lender ceases �o be avai�able fr om�he mortbage �nsur�r that <br /> p�-ev�ously provided suc�� insurance and Bo�-ro�ver was r�qu�red to make separate�y des�gna�ed payments <br /> t��varc�the pz-�miums for Mo��tgag� �nsu��ance, Ba�-ro�ver s�.a�� pay th�prenz�ums requ�red �a ob�ain co�era�e <br /> substant�al�y equiva�en� to the ilr[or�ba�e Insu�-ance previously �n e��fect, a� a cos� substan��a��y�qui�a�ent to <br /> th�cas� ta B�r��a�v�r of the N�ar�gage �ns��rance pr�v�ously in�ff�ct, fr�m an a���rna�e m.or��age �nsurer <br /> s�ie���� by� L�n�.��•. ��sub�ta��tia�lyr e�uiti°al�n� ���rtgag� �nsur��ce���•�rage �� n�� avai�abi�, �3arr����r�ha�� <br /> N�BRASKA-Sing6e Family-�annie MaelFreddie Mac UNI�DRM 1NSTRUMENT �orm 3�Z$�J47 <br /> VMP�� VMP6{N�1 41302� <br /> IfVolters K[uwer Firtancial Ser�ices Par�e 8 of�7 <br />
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