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201603207
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Last modified
7/24/2017 1:56:34 PM
Creation date
5/24/2016 8:57:28 AM
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DEEDS
Inst Number
201603207
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2� 1 ��32�7 <br /> fi. �c�upan�y.F3orrov�er sha11 oGeupy, es�a'b�ish, and use the Pr�perty as Borrower's prineipa�resic��nce <br /> vvithin��days a#�er�he execution of this Security Instrument and sha11 continue to oGcupy the Property as <br /> Barr�wer'�principal resid�nc�for at 1eas�one ye�r after th�date of occupancy,unless Lender otherwise <br /> agrees in writing,which consent sha1l not be unreasonab�y�vi�hheld,or unless ext�nuating circums�tances <br /> exis�v�hich are beyond Borr�wer's controt. <br /> l. Pr�s�r�ratian,ll�ainte�nancean�!Protect�on�f th� Property;lnsp��tia�s,$��ro���s�all nat destxoy, <br /> damage or impair the T'roperty,a11ow the Property to deteri�rate or commit�aste on th�Property. Whether <br /> or x�ot Bvrrov�er is r�s�d.ing in the Propert�,Borrov�er s�all maintain the�raperty in order to preven�t�e <br /> Property from deteriorating or�ecreasing in value due to its cond�tion. Un�ess it is determined pursua�t to <br /> Section S t�at repair or restorat�on is not economi��.liy feasible,Borrower sha11 prompt�y repair the Property <br /> if damaged ta avoid further deterioration or damage. If insurance or condemnation proceeds ar�paid in <br /> conneGtion wit�.damage to,or the ta.king af,�he Property,Bo�rower sha11 be responsible for repairing ar <br /> res�or�ng the T�roperty anly if Lender has r�leased pro�eeds far such purposes. Lender rnay disburse proce�ds <br /> for the repairs and restaration in a single payment or in a series o�progress paymen�s a��he�ork is <br /> completed. If the insurance or condemnation proceecis are not sufficient to repair or restore the Property, <br /> Borrower is n��rel�eved of Borrower's obl�gation for the comple�ron af such repa�r or rest�ration. <br /> Lender�r its agent may make r�asonable entries upon and�inspections of the Property.If it has reas�nab�e <br /> cause,Lender may inspect the inter�or of the improvements on the Pr�per�y. Lender shall gi�e Borrower <br /> notice at th�time of or pr�or t�such a�int�rior inspect�on spe�ifying such reasanable cause. <br /> 8. Borr�wer's Loan Applicatian,�orrower shall be in defat�lt if, durin�the L.flan appli�ation process, <br /> Borrower or an�persons or entities acting at the d�.rection of Borr��rer or with Bvrrower's knowledge ar <br /> consent ga�e materiall�false,misleading,or inaccurat���.forn�a�iQn or statement�to Lender�or fa�led to <br /> provide Lender�vith material rnformatian}in connection with the Loan. Material representations include�bu� <br /> are not 1im�ted to,representat��ns cvn�erning Borrow�r's occupancy of the Proper�as Borr�wer's principa� <br /> resi�len�e. <br /> 9. Protectionflf Lender's ln�er�est in the Pro�ert�rand Rights Under this Secur�ty Instrument.If(a) <br /> Borrower fails to perfarm the covenants and agreements conta.ined.in this Se�urit�Instrument,�b}�here is a <br /> 1ega1 procee�ing that might signifi�antly affect Lender's interest in the Property andlor righ�s under this <br /> Security�nstrume��(suc�as a proceeding in bankruptcy,probate,for con�iemnation or forfeitur�,for <br /> enfor�ement of a lien which may atta�n priority over th�s�e�uri�y Instrumen�ar to enforce�aws or <br /> regulatiox�s},or�c}��rr�wer has aban�oned th�Praperty,�hen Lender may�o and pay f�r vvhatever is <br /> reasonable or appropriate ta protect Lender's interest�r�the Property and rights under this Security <br /> Instrumeat, including protecting andlor assessing the�alue of the�'rop�rty,ar�d�ecuring andlor repair�ng <br /> the Property. Lender's act�vns can i�ciude,but are no�Iimited to: (a}paying any st�ms secured by a lien <br /> which ha�priority ov�r this Security Instrument; �b}appearing in court;and�e}paying reasonab�e at�orneys' <br /> fees tfl pratect its interest�n�he proper�y andlor rights under this Security Instrum�nt, �ncluding its secured <br /> po�ition in a bankruptcy procee�iing. Secur�ng the Property�ncludes,but is not limited ta, entering the <br /> Property to mak�repairs,�hange Iocks,replace or b�ard up doors and windows,drain,t�vater frflm pipes, <br /> elimir�ate building or other code violations or dangeraus canditions,and ha�e utilities turned on or off, <br /> Although Lender may ta.ke actian under this Sectian 9,Lender does nat have ta do so�nd is not under any <br /> duty or obligation to do sa. It is agreed tha�Lender xncurs no 1iab��ity for not taking any or a11 a��ions <br /> authorized under this Sec�ion 9. <br /> q�3355355144 �233 35l �817 <br /> NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITH MERS Form 3428 11�t <br /> VMP� VMPfiA(NE]�13�2].�4 <br /> Woiters Kluwer Financial Services Page 8 of 17 <br />
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