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201602324
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Last modified
7/23/2017 10:40:00 AM
Creation date
4/19/2016 8:44:16 AM
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DEEDS
Inst Number
201602324
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� <br /> ; 2� 1 ��2324 <br /> f. ��cu��n�y.Borrawer shall occupy, esta.blish, and use the Property as Borrower's princ�pal residence <br /> � within 6�da}��after the execu�ion af this Securit�Instrument and shal��ontinue to occupy the Property as <br /> B�rrower's principal r�sidence for at lea�t one year after the dat�af occupancy,�nless Lender otherwise <br /> ag�rees in writing,which cvnsent sha1�not be unlreasonably withheld,or unless extenuating circumstances <br /> � exis�whic�.are beyon�Borro�v�r's control. <br /> 7. I�reser�ation,Maintenance and Protection of the Property;Inspections.Borrower sha11 n�t des�roy, <br /> ; damage or impair the I'roperty,a11ow the Property to det�riarate or cornmit waste on the Praperty. Whether <br /> or not Borxower is residing in the Property,$orrotiver shall maintain the Pr�perty in order�o pre�ent the <br /> � Property fram deteriorating or decreasing in value due�o its condit�on.Unless it is determin�d pursuant to <br /> � Section 5 that repair or restoration�s not economically feasible,Borrower sha11 promptly repair the 1'roperty <br /> �f damaged to avai�further deteriora.tion vr damage. If insuranc��r condemna�ion proceeds are paid in <br /> �onn�ction with damage to,ar the taking af,the Proper�y,�orrower sha11 be resp�nsible for repa�ring�r <br /> ' rest�ring the Prop�rty only if Lender has released proc�eds for such purpases. Lender may disburse pr�ceeds <br /> for the repairs and restoratiQn in a single payment or in a series of progress payments as th�work is <br /> cvmpleted. If the in.surance or candemnation proceeds are not sufficient to repair or r�stare the Property, <br /> ; Bar�ow�r is nat Felie�ed of�orrow�r'�obligativn.f�r the��mp1 etion of such rep�.ir or restora�ian. <br /> Lender ar its a�ent may make reasanable entries upon and inspections af the Proper�.If it has reasonable <br /> cause,Lender may inspect the int�rior of the impravements on the Proper�. Lender sha11 give�orrawer <br /> notice a�the tune of or prior to such an interior inspection specifying such reasanable cause. <br /> � 8. Borrower's Loan Applieation.B�rrower sha�l be in default xf, during the Loan agp�ication process, <br /> Bo�rrower or any persons or entit�es a�ting at the direction of B�rrower or w�th Borrower's know�edge vr <br /> consent ga�e material�y fal�e,misleading,or inaccurate informatio�or sta.t�ments to Lender(ox failed to <br /> ; pro�ide Lender with material information}in connection w�th the Laa�. Material representatioas include,but <br /> � are nvt timited�a,representations concerning Borrower's occupancy vf�he Property as Borrov�er's principal <br /> residence. <br /> 9. Pr�tectiono�L�nder's��terest in#he Pr��ertyand Rights Under th�s 5ecur��t�Instrumen#.�f�a� <br /> � F�orro�ver fai�s to perforrn the cavenants and agr�ements contained in this Security Instrument,�b}there is a <br /> legal proce�ding that might signifieantly affect Lender's interest�n th�Property andlor rights under this <br /> � Security Instrumen��such as a proceed�ng in bankruptcy,probate, for condernn.ation.ar forfeitu�re, for <br /> enforcement of a lien wh��h may attain priority over this S�curity Instrument or to enforce 1a�vs or <br /> regu�a�ion.$),ar(c}Borr�w�r has abandaned the Property,then Lender may da and pay for whatever is <br /> rea�onab�e�r appr�priate to pratect Lender's interest in the Proper�y a�d right�under this�ecurity <br /> Instrument, including protecting andf�r assessing the value af th�Praperty,an�securing andlox repa�r�ng <br /> �he Property. Lender's actians can include,but are n�t limited to: (a}paying any sums secured by a lien <br /> which has pri�rity o�er this Security Instrument;�b)appearing in cour�;and(c}paying reasonab�e attorneys' <br /> � fees to pratec�its interest in the Praperty andlor rights under th�s Securi�Instrument, in�luding its secured <br /> � position in a bankr��tcy proceeding. Securing the Property�ncludes,but is no�linlited to, entering the <br /> Property to make repaus,change locks,rep�ace or b�ard up doors and windo�vs,drain tvater from pipes, <br /> � eliminate building or other code violation��r dangerous conditions,an.d have utilities turned on�r off. <br /> � A1�hough Lender may tak�action under this��ction 9,Lender does not ha�e to do so and is not under any <br /> duty or obligation to do so.It is agreed�hat Lender i�curs no liability f�r no��a.king any or all actians <br /> , authorized under this Section 9. <br /> q43354�15349 4�33 334 Q817 <br /> NEBRASKA-5ingle Family-Far�nie MaelFreddie Mac UNtFQRM INSTRLIMENT WITH MERS Form 3428 1141 <br /> VMP� VMPBA(NE]�1342}.44 <br /> ' Wolters Kluwer FinanGial Services Page 8 af 17 <br />
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