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201601492
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Last modified
7/23/2017 10:06:50 AM
Creation date
3/14/2016 12:47:26 PM
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DEEDS
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201601492
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2� 1 �� 1492 <br /> for the repairs and r�stara���n in a s�n�l�payment or�n a series af progress payments as �h�v�ork is <br /> completed, If the insurance nr�ondemnat�on proceeds are n�t sufficien�t� repair ar restnre the Prop�rty, <br /> Barrower i�nat relzeved af Borrower's ob��gatz�n for the�ompletion�f su�h repair nr restarati�n. <br /> L�nd�r or its agent ma�r make r�asonable entries upfln and�nsp��tians af the Pr�per�y. �f it has reasonab�e <br /> cause, Lender may. �nspect the in�eri�r�f�he irnpravements on the Pr�perty. Lend�r sha�� g��e B�rrflwer <br /> n�tice at th�time of or pr�or to such an interior inspection specify�ng such reas�nab�e caus�. <br /> 8. Barrower's Loan App�icatian. �3�rr�v�er shall b�in default�f, dur�n�the Lflan app�zcat�on process, <br /> � Borrower or any pers�ns or enti��e� a�t�ng at the d�re��ian of Barrower or w��h Borravver's know�edge ar <br /> �onsent ga�e mater�ai�y fals�, rni��ead�ng, or inac�urat�informat�on or s�atements to Lender�ar fa�i�d to <br /> prflv�de Lender wx�h materiai information} �n c�nn�ct�on with the L�an, Material represer��atiQns include, but <br /> ar�not��mite�ta, representa�ions conc�rning B�rr�wer's�cCupancy of�he Prop�r�y as Borrawer's pr�ncipal <br /> residence. <br /> 9. P�vte�t�on vf Lender's �nter�st in the P�operty and Ri�hts Unt�er this Se�ur�ty Instrument. �f�a) <br /> Barrower fa��s ta perform the coWenants an�.agre�m�n�s conta�ned �n�hxs Secur�ty �nstrumen�, �b} there�s a <br /> � ��gal pr�ceed�n�that might signi�cant�y affe�� Lend�r's int�rest�n�he Proper�y andlor r�ghts under this <br /> S�curity�nstrum�n��such as a pr�ceeding in bankruptcy, probate, for cond�n�ation or farf�iture, f�r <br /> enforCement of a��en which may attain priarity aver th�s Security Ins�rumen�ar t�enfor�e law�or <br /> regu�at�ons}, or tc} Borr�vver has abandoned�he Pr�per�y, �hen Lender may d�and pay for whate�er�� <br /> reas�nab�e�r apprapr�ate t�protec�Lender's interest in�he Proper�y and right�under�h�s Security <br /> Instrumen�, xncluding pratec��n� andlor assessing�he va�ue of�he Prop�r�y, and�ecur�ng andl�r repa�r�ng <br /> �e Propert�r. Lender'�action�can.zn��ude, bu�are n�t�irr�ite�1��: �a}pa�ing �n�sur�s s��ured b�r a l��en <br /> vvhich has priarit�r o��r t�is�ecur�ty�nstrument; t�� appearing �n court; and�c}paying reasanable attarneys' <br /> fees to protec�it� in�erest in the Praper�y andlor rzghts under this Security Instrument, including its s�cured <br /> pas��ion in a ban�ruptcy pr�c�eding. ���uring the Proper��r �nc�udes, �ut is not�imi�ed tn, en��r�ng�he <br /> Property t�mak�repairs, chang���cks, replac�or board up d�ors and v��ndows, dra�n water fr�m p�pes, <br /> e�iminate bu�ld�n�or other cade v��latians or dar�g�rnus condzt�ons, an.d have utili�ies turned�n or�ff. <br /> Although L�nder may�a1�e action under this Sect�fln 9, Lender da�s nat ha�e�o d� �a ar�d is nQt ur�der any <br /> duty vr ob�igation ta do so. �t�s agreed that Lender�ncurs n��xab�lity for not�akxng any or a�� act�ons <br /> autharized under�his S�ctian 9. <br /> Any amounts disbursed by L�nder under�hxs Sec���n 9 sha��become addit�ona� deb�of Borrawer secured by <br /> � this Security In�trumen�, Thes�amounts sha��b�ar�n�erest a��he Not�ra�e fr�m�h�da�e�f disbursement <br /> and sha1l be payable, with�uch iriteres�, up�n natice from Lender t�Bnrrower request�ng payment. <br /> �f this Secur�ty Instrumen�is on a�easeh��d, B�rrower sha�� �o3mp�y�v�th a���he pro��s�ans of�he�eas�. �f <br /> Borrower a�qu�res fee t�tle to�he Praper�y, �he�eas�ha�d an�.th�f�e t�t�e shall no�merg�unless L�nder <br /> agrees to th�merg�r�n wri�ing. <br /> �D. Ma�t�age lnsurance. �f L�nder required Mar�gage�nsurance as a c�nd�t�on of mak�ng th�L�a�a, B�rrower <br /> � <br /> shall pay the�rem�ums requzred to maintain the Mar�gage Insurance�n effec�. �f, for any reason, ��e <br /> N�ortgage�nsuranc�c�verage requ�red by Lender ceases to be avai�ab�e fram the rn�r�gage insurer tha� <br /> pre�ioUs��pravided such insurance and Borrower was required�o xnake separatel�designa�ed pa�ments <br /> �oward the premiums for M�r�gag��nsurance, Borrower shai�pay�he premiums required to�b�ain caverage <br /> substantia�ly equ�val�nt ta �he Mor�gage�nsurance pre�iously in effe��, at a c�st substantia�ly equiva�ent to <br /> the c�st�o Borr��ver of th�M�r�gage Insurance previousi�in effec�, from an alt�rna�e mor�gage insurer <br /> sele�ted b� Lender. �f substantia�ly equiva�en�Mor�gage�nsurance coverage is not available, Borrovver shall <br /> NEBRASKA-5ingie Family-Fanni�MaelFredciie Mac UhIIF�RM INSTRUMENT Form 3��8 11�'� <br /> VMP[� VMPfi�NEj{1342y <br /> Wvlter$Kluwer�inancial Ser��c�s Page S❑f 17 <br />
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