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201601945
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Last modified
7/23/2017 10:27:18 AM
Creation date
4/4/2016 9:29:09 AM
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DEEDS
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201601945
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2� 1 �� 1945 <br /> consen�shall nat be unreasonably withhe�d, or unless extenua��ng circur���a.nces exist v�rhich are beyonc�Borrav�rer's <br /> contra�. <br /> T. Preserrvation, �Viaintenance and Prot�c#ion of the Fraper�y; Ins��ecfians, Borrov�rer sha�I �ot des�ray, <br /> damage or impa�r the Proper�y, a��ov�the Property to deteriorate ar commit waste on the Property. VLIh��her or nat <br /> Borrower is residing in �he Proper�y, Borrower sha�� maintain the Property i� order to prevent the Praperty from <br /> deter�orating ar�.e�reasing in�a�ue due to its cand�t�on. Unless it is de�erm�neu �ursuan��o S�ctian�tha�repa�r or <br /> restorat�on �s nat economica�.Iy feas�ble, Borrower sha.�l promptly repa�r�he Pr�:..���r�y xf damaged to a�roid further <br /> deteriorati�n❑r damage. �f�nsurance or�ondemnation praceeds are pa�d�n conn�c:��:�with darr�age�a, ❑r the taking <br /> of, fhe Proper�y, Borrower sha�.l be respansrble for repa�ring or restaring �he Property onl�r if Lender��a�re�eased <br /> pr�ceeds far such purpases. Lender ma�disburse proceeds for the repairs an�restoratiori in a s�ng�e paymen��r�n <br /> a series of prngress paymen�s as�he work�s��mp�eted. �f the insurance�r candemnat��n proceeds are nfl�suff�e��n� <br /> to repair or restore the Praperty,Borrov�ver�s not re�i�ved of Borrow�r's ob��gat�on for the comp�e��an of such reparr <br /> or restorati�n. <br /> Lender or its agent may make reasonab�e�ntries upon and�nsp�ct�ons of the Praperty. �f Yt has reas�nab�e ca���, <br /> Lender may�nspeet the in�er�or of�he improvem�n�s on the Property. Lenc�er sha1�g�v�Borrower nat�ce at�he ��me <br /> af or pri�r to su�h an in�er�or inspecti�n specifying such reas�na��e cause. <br /> S. Borrow�r's Loan App�ication, Barrower sha�� be in defau�t if, during the L�an appli�atian prac�ss, <br /> Borravtrer or any persvns or en�ities act�ng a�the�irec��fln�f Borr�wer or�vzth Borrower's knawledge or consent gave <br /> ma�erial�y false, mzs�ead�ng, ar inaccurate informa�ion or statements ta Lender �or fai�ed ta prov�de Lender vwith <br /> mater�a.l. informa�ion� in connect�on wi�h the Loan. Mater�a� representa�ions �nclude, but are nat l�m�ted �o> <br /> represen�ations �ancerning Borrower's occupancy of the Property as Borr�wer's pr�nc�pa�residen�e. <br /> 9. Protectivn of Lend�r's In�erest in the Praperty and Rights I]nder th�s Securi#y Instrumen�. �f �a} <br /> Borrower fails tfl perfarm th� co�enants and agr�emen�s conta�ned in this Se�uri�y Ins�rumen�, �b}�there is a Iega1 <br /> proceeding�hat might signif�cantly affec�Lender's�nterest�n the Property andlor rights under th�s Secur���r�nstrument <br /> �such as a praceed�ng in bankruptcy, probate, for condemna�ion vr forfeiture, for enfarcement af a I�en wh�ch may <br /> at�ain prior�ty over this Securi�y Instrument or to enforce�aws or regulations�, ar �c� Borro�r�r has abandoned the <br /> Praperty, then Lender may do and pay for vvhatever is reasonab�e❑r appropriat��a prote�t Lender's interes�in�he <br /> Property and r�gh�s under this Secur�ty�nstrument, �ncluding protecting andlar assessing the va.�ue of�he Property, <br /> and secur�ng andlor repa�rz�.g the Property. Lend�r's actions�an include, but are no���mited to: �a}payzng an�sums . <br /> se�ured by a�ien v�rh��h has priority over�h�s Securi���ns�rumen�; �b} appear�ng in court; an�. �c}paying reas�na�le <br /> attorneys'fees to pro�ect its interest��n�he Property andlor rights under th�s 5ecurity�ns�rumen�,inc�uding its secured <br /> p�s�ti�n in a bankruptCy pro���d�rig. Securing the Praperty includ�s, but is not��mited�o, enter�ng the Proper�y�o <br /> make repairs, �hange loc�s, repla�e�r board up daars and v�rindows, drain water from pzpes, eliminate building or <br /> o�her cod��in�at�ons or dangerous�ond�t�ons, ar�d have u�i���ies turned on or off. Althoug� Lender may�ake action <br /> under this Seet�vn 9, Lender does nat have to do so and is not under an�duty or oblzgation to do sa. �t is agreed�hat <br /> Lender in�urs no��ab����y for not taking any or a��ac�ions authorized under this Section 9. <br /> Any amvun�s disbursed by Lender under th�s Sec�Yan 9 sha.11 become additianal.debt of Borravver s�cured by this <br /> Security�ns�ruxnent, These amaunts�ha11 bear in�erest at���No�e rate from the�ate of disbursement and sha�X be <br /> payable, v��th such interes�, upon no�zce from Lend�r ta Borrower reques�xng payment. <br /> �f �his Securi�y Ins�rument is on a �easeha�d, B�rrower sha.�� eomp�y w�th a�1 the pravisians af the �ease. <br /> Borr�wer shal�not surrender the�easehol�.esta�e and interes�s h�re�n con�eyed or term�nate ar�ancel th�ground�ease. <br /> B�rrower shal� no�, v�ri�hout the express wr�tten�onsent�f Lender> a.lter or amend the ground Iease. �f B�rro�rver <br /> acqu�res fee title to the Pr�per�y, the Ieasehold and the fe�ti�1e sha.��n�t merge unl�ss Lender agrees�a �he merg�r <br /> in writing. <br /> 1�. Martgage Insurance. If Lender requ�red Mortga�e�nsurance as a condi�ian of making the Loan,Borro�wer <br /> shall pay the prem�ums required �o maintain the Martgage Insurance �n effect. If, f�r any reason, the Martgage <br /> �nsurance ca�erage required by Lender ceases to be avai�ab�e from the mar�gage insurer tha�pre�ious�y pravided such <br /> insurance and Sarrower was required to make separately designated payments to�nrard the premiums for Mortga�e <br /> Insurance, Barrovver shal� pay the premiums required �o obtain coverage su�stant�ally equivalent t❑ the Mortgage <br /> NEBRASKA--5ingle Fami�y--Fannie MaelFreddie Mac �1N1F�RiVI �NSTR�MENT - MERS Doc�s��'c <br /> Form 3��8 �l�� Page 7 ❑f�5 www.c�ocmagic.ca� <br />
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