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201603135
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Last modified
7/24/2017 1:52:30 PM
Creation date
5/20/2016 9:40:46 AM
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DEEDS
Inst Number
201603135
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2� 1 ��3135 <br /> for the repairs and res��ration in a sin�le payment or in a series of pr�gres�payments as �he work is <br /> campl�t�d. If the �nsurance or candemnatxon proceeds are not suf�cien� �o repair�r restore the Prflperty, <br /> B�rrotiver is nat re��eved flf Borrower's ob��ga�i�n for the c�mp�e�ion of such repair�r rest�ra��on. <br /> L�nder flr its agent rnay mak�reasonab�e entries upon and�nspect�ons of�he Proper�y. If it ha� reasonab�e <br /> cause, Le�ader may �n�pec�.�he zn�eri�r af�h��mpravemen�s nn the Proper�y. Lend�r�h�il give Barrower - - <br /> not�ce a�the ��me�f ar pr�or to such an interiar�nspect�an sp�cifying such reasonab��cause. <br /> 8. B�rrawer's Loan Applicat�on. Borrower shal�b�in defau�t zf, during the L�an app�icatian prace�s, <br /> Borroti�rer o�any pers�n�or entities act�ng at�he direc�ion af Borro�ver or w�th Borrower's knowledge or <br /> con��nt gave ma��ria�ly fa�se, misleading, or ina�curate�nforma�ian or s�atements �o Lender�o�-failed to <br /> provide Lender with mat�rial infarmat��n� �n Connection�v��h�he Loan. Materia� repre�en�ations include, but <br /> are not l�mited t�, repres�ntat�ans concerning Barrower's occupancy af�he Proper�y as Borrower's principa� <br /> residence. <br /> 9. Protection af Lend�r's Interest in the P�vperty and Rignts Vnder this S�cur�ty �nstrument. If(a} <br /> Borrovver fails�o perf�rm the�ovenants and agreemen�s c�nta�ned�n�h�s S�curz�y�nstrum�nt, �b} there�s a <br /> legai proc�edin��hat might szg�.�f�can��y affe�t L�nder's xn�erest xn�he Praper��andlor rights under this <br /> Securz�y Ins�rument �such as a pr�ceeding�n bankruptcy, pr�ba�e, far condemnation or forfe�ture, far <br /> �nf�rcem�n�of a��en w��c�may a�tain prxor��y o�er this Security Instrument ar tfl�nf�rce�aws or <br /> regu�atians}, ar�c�B�rrower has abandoned�he Property, �hen Lender may da and pay far whatever is <br /> reas�nabie or appropr�ate��pro�ec�Lender's in�ere�t in the Prop�rty and rights under th�s 5ecurity <br /> �nstrumen�, �nciuding prote���ng andlar assess�ng the value of�he Property, and se�uring an�il�r repairing <br /> the Property. Lender`s a�t�ans can inc�ude, but are not lim��ed t�: ta}paying any sums�ecur�d by a�ien <br /> which has priorit� o�er this Secur�ty Instrumen�; tb} appear�n�in c�urt; and �c)payzn� reas�nab�e a��orn�ys' <br /> f��s ta protec�its in�erest �n�he Property andlor rights und�r�his Secur�ty�ns�rumen�, includ�ng ��s secured <br /> p�s�t��n in a bankrup�cy proceeding. Securing the Prop�rty znc�udes, but is not lim�ted tfl, en�ering the <br /> Praper�y ta make r�pa�r�, change locks, replace ar baard up d��rs and wind�ws, drain wa�er from pipes, <br /> ���minate bui�d�ng or�ther code vialat�on� ar dangerou�cnndi���ns, and have utitities turned on or�ff. <br /> A�though Lender may �ake action under this�e�ti�n 9, Lender daes na�haWe ��do so and is n�t under any <br /> du�y ar obligation to do s�. ��zs agre�d that Lender incurs no ��ab�I�ty for n�t�aking any �r ai� act�ons <br /> authorized under th�s Se���on 9. <br /> Any amounts dist�ursed by Lend�r under this Sectian 9 shall become add�t�ona� de�t of Borrower se�ured by <br /> �h�s Secur�ty Instrurnen�. These am�un�s shal�bear interes�a�the Note rate fram�he date of d�sbursem�nt <br /> and sha�l be pa�able, vvi�h such int�rest, upon natice from Lender to Borrou�er requesting paymen�. <br /> �f this Security�nstrumen�is on a leasehold, B�rrower�hail camply with a�� �he prpvis�ons af the lease. �f <br /> Borr�wer ac�uires fe� t�t�e tfl the Property, �h�Ieas�hold and the fee t�tle sha�l not merge un�ess Lender <br /> agrees to the m�rg�r�n writing. <br /> 'I�. tV�ortgage �nsuranc�. �f Lender required Mar�gage�nsurance a�a condition of nnakin� �he Loan, Barrower <br /> sha��pay the premiums required t�main�ain�he M�r�gage�nsurance in effect. If, f�r any reason, �h� <br /> M�r�gag��nsurance covera�e required by Lender c�a�e� to be available frorn�he martgage insurer that <br /> pre�iousl�provided such �nsurance and Borrower was requir�d ta make separa�e�y desi�nated pa�ments <br /> �fl�vard the premiums for M�rtgag��nsurance, B�rrot�ver sha��pay�he premiums required ta abtain co�erage <br /> subs�antia��y equivalent to the Mor�gage Insurance prevz�usly in�ffect, at a cost substant�al�y equivalent to <br /> the c�s�t❑B�rr�wer�f�he Mortgage Insuran�e prev�ous�y in effec�, froxn an att�rnate m�rtgage�nsurer <br /> select�d by Lender. If subs�ant�a�ly equiva�ent Mor�gage Insurance covera�e zs n�t avai�ab�e, Borrov�v�r�ha�l <br /> NEBRASKA-Single Fan-�iiy-�annie Mael�reddie Mac UNIFORM INSTRfJM�NT Form 3028 1101 <br /> VMP�y VMP��NE]�1302� <br /> Wvlt�r�tCl�vvet'�'ii�a��c�al�r�r►ii�:.�� Page 8 af 17 <br />
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