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201507974
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Last modified
7/21/2017 1:56:37 PM
Creation date
11/20/2015 9:52:22 AM
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DEEDS
Inst Number
201507974
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2� 15�7974 <br /> 71321327�5 944853 <br /> has pr�orit�Qver this Se�urity Instrument;�b}appearing in caurt;and�c}paying re�san�ble attarneys' fees to <br /> protect i�.s interest in the Praperty andlor rights under this Security Instrument, including i�.s secured position <br /> in a bankrup�cy praceeding. Securing the Property inc�udes, but is nat�imited t�, entering the Praperty �o <br /> make repairs, change lacks, replace or board up daars and windaws, drain water fram pipes, eliminate <br /> � building ar other code �iolations or dangerous conditians, and ha�e utii ities turned on or off. Although <br /> Lender may ta.ke acti�n under thts Seetian 9, Lender daes nat hawe ta�a so and �s nQt under an}�duty or <br /> abligatian to do so. It is agreed that Lender incurs no liability for not taking any ar all actions autharized <br /> under this Sectian 9. <br /> Any amaunts disbursed by Lender under th�s Seetian �sha11 bee�me additiana� debt of Borrawer <br /> secured by this Security Instrument. These amaunts shall bear �nterest at the Note rate from the date of <br /> disbursement and shall be payable, with such interest, upon natice from Lender ta Borrower requesting <br /> payment. <br /> If this Security Instrument is on a leasehald,$orrower shall camply with all the pra�isians of the <br /> lease. Barrower shall nat surrender the leasehald estate and interests herein can�eyed or terminate or cancel <br /> the ground lease. Borr�wer sha1� nar, w�th�ut the express wr�tten cansent of�.ender, al�er or amend the <br />� graund lease. If Borrower acquires fee title to the Property,the leasehold and the fee title shall not merge <br /> unless Lender agrees ta the merger in writing. <br /> 14. Mortgage Insuran�e. If Lender requ�r�d Mortgag� Insurance as a candition Qf mak�ng the <br /> Loan, Barrawer shall pay the premiums required ta maintain the Martgage Insurance in effect. If,for any <br /> reasan, the Martgage Insurance co�erage required by Lender ceases to be a�ailable fram the mortgage <br />' insurer that pre�iaus�y praw�r�ed such�nsurance and BQrrower v�as required to make separately designated <br /> T payments taward the premiums for Martgage Insurance,Barrower shall pay the premiums required t�obtain <br /> co�erage substantial�y equ��alent ta the Mortgage Insurance pre�iously in effect, at a cost substantialiy <br />: <br /> equivalent to the c�st t�Borrawer af the Mortgage Insurance pre�iously in effect,from an alternate mortgage <br /> insurer selected by Lender. If substantially equi�alent Martgage Insurance co�erage is nat a�ailable, <br /> Borrawer shaii can�inue to pay ta Lender the amount of the separately designated payments that were du� <br /> when the insurance ca�erage ceased ta be in effect. Lender will accept,use and retain these payments as a <br /> non-refundable lass reser�e in lieu af Martgage Insurance. Such loss reser�e shall be non-refundable, <br /> notwithstanding the fact that the Laan ls ultimate�y pa�d in fu��, and �ender sha�� not be required to pay <br /> Barrower any interest ar earnings on such loss reserve.Lender c�n no longer require loss reserve payments if <br /> Martgage Insurance co�erage(in the amaunt and for the period that Lender requires}pro�ided by an insurer <br /> se�ected b}�Lender aga2n became�aua��ab�e,is abta.ined,and Lender requires separatel�designated pa�ments <br /> taward the premiums far Mortgage Insurance. If Lender required Martgage Insurance as a candition of <br /> making the Loan and Borrawer was required ta make separateiy des�gnated payments toward the prernxums <br /> fvr Mortgage Insurance,Borrower shall pay the premiums required ta maintain Mortgage Insurance in effect, <br /> or to pro�ide a non-refundable loss reser�e, until Lender's requirement for Martgage Insurance ends in <br /> accardance with any written agreement between Barrower and Lender providing far sueh termtnat�on ar unti� <br />� terminatian is required by Applicable Law.Nothing in this Section lD affects Borrawe�s obligatian to pay <br /> interest at the rate pro�ided in the Note. <br />� Martgage Insurance reimburses Lender�or any entity that purchases the Nate�for certain lv�ses �t <br /> ma�incur if Borrower does not repay the Loan as agreed.Borrower is nat a party ta the Martgage Insurance. <br /> Mortgage insurers e�aluate their tatal risk an all such insurance in force from time to time,and may <br /> enter into agreements with other parties that share ar madify�heir risk,or reduce losses. These agreements <br /> are�n terms and conditions that are satisfactary to the mortgage insurer and the other party (or parties}to <br /> these agreements.These agreements may require the mortgage insurer ta make payments using any source of <br />� funds that the mortgage xnsurer may ha�e a�ai�able twhich may include funds abtained fram M�rt�age <br /> Insurance premiums}. <br /> NEBRASK.A--Single Family--Fannie MselFreddie Mac UNIFURM INSTRUMENT <br /> � 338.26 Page 8 of 1 S Form 3U28 ilU 1 <br /> Modified for VA <br />
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