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201603232
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Last modified
7/24/2017 1:57:31 PM
Creation date
5/25/2016 8:55:52 AM
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DEEDS
Inst Number
201603232
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2� 1 ��3232 <br /> for th�repazrs and res�ora��an�n a singl�paym�n�or in a ser��s�f progress payxnents as �he v�ork is <br /> comp�e�ed, �f�he insuranc��r condemnation proceeds ar�no�suf�ci�nt ta repair ar r�stflre the Praper�y, <br /> Borrower is n��re�ieved of B�rra�ver's o�a��ga�ion for�he camp�eti�n of such repa�r or res�oration. <br /> Lender or its agen�may make reasonable entr�es upon and �nspec��ons of the Praper�y. �f�t has rea��nab�e <br /> cause, Lender�may inspec��he in�eriar�f the�mpro�emen�s on the Pr�per�y. Lender sha1� g�ve Borrower <br /> n�tice a�the time of or pr�or to such an interi�r�nspe�t��n specifying such reasonable caus�. <br /> 8. Sorrow�r's Loan A�plicatian, B�rrovver sha��be in defau�t if, dur�ng the Loan applicat�on process, <br /> Borro�rer�r any persans or en��t��s ac�ing a�the d�recti�n af B�rrovv�r ar w�th Barr�wer's know�edge or <br /> consent gav�mater�ally fa�se, m�.s�e�.ding, or ina�cura�e informatian�r s�atements �o Lender�or fa��ed�o <br /> pro��de Lend�r w�th ma��rial znformatz�n� in conn�c��on with the L�an. Materxal representa�ions �nc�ude, but <br /> are no��im.�ted to, represen�a�ior��c�ncerning Barr�wer's accupancy of th�Pr�p�rry as Borr�wer's pr�nc�pal <br /> resid�nce. <br /> 9. Protectian of Lender's �nte�est in the Pr�perty and R��hts Under this Security lnstrument. If�a} <br /> Borrow�r fa��s to perf�r�m th�cav�nants and agreements conta�ned in thi� Secur�ty �nstrument, �b} there is a <br /> 1ega�proceed�ng�hat mig��s�gnif�cantl�r affect Lender's interest in�h�Property andl�r r�gh�s under th�s <br /> Security�ns�rument�such as a proceeding in�ankruptcy, probate, fflr cond�mr�ation�r farfe�ture, f�r <br /> enforc�meri�of a�xen wh�ch may atta�n priflrity a�er�his S�curity�nstrument ar to enforce�aws or <br /> regu�a��ons�, �r t�)Borrower has abandon���h�Proper�y, then L�ender may do and pay for wha��ver�s <br /> reas�nable�r appropr�a�e to protect Lender's inter�st in�he Praper��and r�ghts under this Security <br /> �nstrument, inc�uding protec�ing andlor asse�sing th�va�ue of the Praperty, and secur�ng ar�dlor repa�ring <br /> the Property. Lend�r's act�ons can include, bu�are n�t lim��ed tn: �a}paying any sums secured��r a�ien <br /> which has priority av�r t��s Se�urity Instrumen�; �b� appearing �n court; and�c}pa�ing reasonab�e a���rn�yS' <br /> fe�s to protect its�nter�st in the Proper�y andlar r�gh�s un�er�h�s Secur�ty Instrument, including its secured <br /> pas�ti�n�n a bankruptc�procee��ng. SeCuring the Praper��inciudes, but zs no��im�t�d to, entering the <br /> Pr�perty ta ma�e repairs, �hang��o�ks, replace or baard up doors an�w�ndows, dra�n�va�er from pipes, <br /> elirn�ina��bui�d�n�or o�her�ode vialat�ons or dangerous cond�t�ons, and�ave uti����es�uxned on or�ff, <br /> Alth�ugh I.�nder ma�take ac��on under�his Sect�on 9, Lender does�.ot have to d� so and zs not unc�er any <br /> duty or ob�xgati�n�o da so. I�is agreed tha�L�nder zn�urs no �iab�li�y for�aa�tak�ng any�r a�l ac�xons <br /> authorized un�.�r��is Secti�n 9. <br /> Any amoun�s disbursed b�r Lender under th�s Sectian 9 sha��beC�me additional deb�of Borrawer secured by <br /> this Security�nstrument. These amoun�s shall bear�n�erest at�h�Note rate from the date�f d�shurs�ment <br /> and�ha��be payable, w�th such�nt�rest, upan not��e from L�nder to Borr�u�er requ�s�ing paynlent. <br /> �f�h�s��cur�ty Instrum�nt is an a��aseh��d, Barrawer sha�� comp�y vv��h a�� the pra��sz�ns of�he�ease. �f <br /> Borrower acqu�res fee tit�e�o the Property, the leasehald an�.the f�e titl�sha��not merge unless Lender <br /> agrees �o the merger in writ�ng. <br /> '!D. Mflrtgage fnsu�ance. If Lend�r required Mor�gage�nsurance as a�andit��n flf makin� �h�Laan, Borrower <br /> shall pay the prem�ums required t�main�ain�he Mflr�gage Insurance�n�ffect. If, far a�.y reason, �he <br /> Mortgag��nsuranc�c�verage requ�red by Lender c�ases�a be avai�ab�e from.the mor�ga��insurer�hat <br /> previously provided such �nsuranc�and Borr�v�er was r�quired ta ma.�e separa���y designated paymen�s <br /> �award t�ie premiums far Mortgage�nsurance, Borrower shal�pay th�pr�miums r�qu�red to o�ta�n caverage <br /> subs�antia��y equiva��nt�o th�Mar�gage��surance pr��riously in effect, a�a c�st substantia�l�equz�a�en�to <br /> �he cns��o Bor�ower of�he Mar�gage�nsuranc�prew�ously in�ffe�t, from an a�ternat�mnr�gage�nsur�r <br /> se���ted by L�nd�r. �f substa.n�ially equ��alent M�r�gage �nsurance���rerag�is not a�a��abl�, Borrower sha�� <br /> NEBRASKA-Single Fami�y-�an�tie MaelFreddie Mac UNIFQRM fNSTRUMENT �vrm 3�28 11�� <br /> VMP� VMP6�N�}t13��f <br /> Wotters K�uwsr�inanciai 5er�ices Page 8 af 1� <br />
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