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201600038
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Last modified
7/21/2017 2:38:21 PM
Creation date
1/5/2016 10:30:02 AM
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DEEDS
Inst Number
201600038
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2� 1 ����38 <br /> �. �3ccupancy.Boirow�r Shall oGGUpy, establish, and use the Property as Borrower's principal residence <br /> wi��.in��da�s a�er t��execution of this Secu�ity instrument and sha11 c�ntinue t�occupy th�Praperty as <br /> �orrower's principal residence far at least one year after the date of�ccupancy,unless L�nder ather�vise <br /> agrees in writir�g,which consent sha1�not��unreasonably withheid,ar unless extenuating circumstances <br /> exist�vhich are beyand I3arr�wer's control. <br /> �. Preservation,Maintenance and Protectian of th� Property;Inspections.Borro�er sha11 not destroy, <br /> damage v�r�mpair the Property,allow the Property to deteriorat�or commit�aste on the Propert�.�h.ether <br /> or not Borro�ver is resid�ng in the Property,Borrow�r sha11 ma�ntain the Proper�in order�o prevent the <br /> Property from de�eriorating or decr�asing i�value due to its cond�tian. �Jnless it is det�rmined pursuar�t�o <br /> Section 5�hat repai.r ar res�orati�n is not economi�ally feasible,$orrotiver sh�.11 pramptly repair the Proper�y <br /> if damaged to avoid further deterioration or damage.If insurance or�onde�nnation proceeds are paid�t� <br /> con.nection�vith damage to,or the taking of,the Property,Borrower sha11 be responsible for repairing ar <br /> restoring�he Property only if Lender has re�eased proceeds f�r such purposes.Lender may d�sburse proceeds <br /> for the repairs and restoration in a single payment or in a series af progress paym�nts a�the�vork is <br /> �ompleted. If the insurance or condemnation proce�ds are not sufficient to repair or restare the Property, <br /> Borrower is not re�ieved of Borrower's obligat�on for the comp�etion of such repai.r or restorat�on, <br /> Lender or its agent may make reasonab�e entries up�n and inspections�f the Property. If it has r�asonable <br /> cause,Len�er ma�inspect the interior of the impro�ements on the Property,�..ender shall give Borrower <br /> notice at the time of or pr�or to such an in�erior inspect�on specif�r�n�such reasonable cause. <br /> $. Bvrrowe�'s Loan Ap�lication.Barrow�r shal�be in default if, during the Loan application�rocess, <br /> B�rrower or any persons or ent�ties acting at the direction of�orro�ver�r wi�h Borrower's kno�uledge or <br /> consent gave materially false,misleading,or inaccurate information or statements to Lender(or failed to <br /> p�a��de Lender v�ith r�aterial in�o�a.tion)in�on.nection�vith the Laan.�ater�al repres�ntati�ns include,but <br /> are not limited ta,representa.tions conceming Borrawer's oc�upancy of the Property as Borro�ver's principa� <br /> residence. <br /> 9. Prot�ctionof Lender's interest in#he Propertyan�l Rights Urtder this�e�urity Instrument.If(a} <br /> Borrower fails to perform the covenants and agreem.ents conta.ined in this Security Instrument, �b}there is a <br /> Ieg�I�roc�eding th�.t might signifr�antl�r aff�ct Lender's interest in�h���operty andlor�ights under this <br /> Security Instrument�such as a proceeding in bankruptcy,pr4bate, for condemnation ar forfeiture, for <br /> enforcement of a��en�hich may attain priority over this Security Instrument or to enforce�aws�r <br /> regulat�ons},or�c}Bono�ver has a�and.oned the Property,t�,en Lender ma�t�o and pay for yv�hatever is <br /> reasor�able or apprapriate to protect Lender's interest in the Property and rights under this Security <br /> Instrument, including protect�ng a�dlor assessing the va�ue of�he Property, and securing andlor repairing <br /> the Property. Lender's actians can include,but are not limited to: �a}paying any sums secured by a lien <br /> v�hich has prior�ty o�er this Secur�ty Instrumen�; (�b}appeari�g in court;and(c}payin�reasonable at�Qrneys' <br /> fees to pr�tect its znter�st in the Propert�andlor rights under thxs Security Instrument, including its seGured <br /> position in a bankruptcy proc�edin�. Securing the P�operty inc�udes,but is nat Iimited to, entering the <br /> T'roperty to make r�pairs,change Iocks,rep�ace or board up doors and windows,drain water from pipes, <br /> eliminate building or other cade violations or dangerous conditions,and ha�e uti�ities turned on or off. <br /> Although Lender may#ake action under th�s Section�,Lender does not have to do sa and is nat under any <br /> duty or obligation to do so. It is agreed that Lender�ncurs r�a 1ia�aitity for not ta.king any or a11 actions <br /> authorized under th�s S�ction 9. <br /> q43349649671 ��33 253 �817 <br /> NEgRA�KA�ingle Family-Fannie MaelFreddie Mac UNIFaRM INSTRUMENT1NfTH MERS FoRn 3�28 1141 <br /> VMP� VMPfiA�NE]{1342}.U� <br /> Wolters Klu�nrer Financial Senri�es Page 8 of 17 <br />
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