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201603477
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Last modified
7/24/2017 2:03:40 PM
Creation date
6/6/2016 9:13:19 AM
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DEEDS
Inst Number
201603477
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2� 1 ��3477 <br /> f�r th�repairs axad res�oration in a s�ng�e paym�n�or in a ser��s af progress�ayments as �he wor�zs <br /> �ompl�ted. �f the insuranG�or candemna�ion prflceeds ar�not sufficien� to repa�r flr rest�re the Proper�y, <br /> Borr�wer�s not relieved af Borrovver's obl�gatian f�r the�am���tian of such repair or rest�ra��an. <br /> Lender or its agen�may mak�reasonable entri�s upan and inspections of�he Praperty. �f�t has reasanable <br /> cause, L�nder may insp��t�he�nterzor�f the impra�ements �n the Property. Lender sha�l give B�rrawer <br /> n��ice at the ti�ne of�r przor to such an in�eri�r inspec�ian specifying such r�asanable cause. <br /> 8. B�rrower's Loan App��catian. B�rrow�r sha���e�n defau�� if, during th�Loan app��cat��n proce�s, <br /> Borrawer or any persons or entities act�ng at�h�d�rect�an�f Borr��ver ar w�th Borrower's knowl�dge�r <br /> con�ent gave mate��a��y fals�, misleading, nr znaccura�e�nforma���n or stat�men�s ta Lender��r fail�d tn <br /> prflvide Lender w�th material information� in�annect�on wi�h the Loan. Material representati�ns include, but <br /> are not�imit�d to, repr�senta�ions concerning Borr�w�r's occupancy af the P�roperty as B�rrower's pr�n��pal <br /> r��iden��. <br /> 9. Protectivn af Lender's Interest in the Property and Rights Under th�s Security Instrument. �f�a} <br /> Borr�wer faz�s to perform�he co�enan�s and agreements c�nta�n�d�n�h�s Secur�ty�nstrumen�, ��} th�re is a <br /> �ebal proceed�ng that might�ignif��an���affect L�n�.er's int�rest in�he Proper�� andlor rzgh�s under�h�s <br /> Security Ins�rument�such as a proce�d�ng�n bankruptcy, proba�e, for con�emna��on�r farfeitur�, for <br /> �nforcement of a�i�n which may atta�n pr�or�ty over this S�cur�t� Instrument�r to�nfarce�aws ar <br /> regu�at�ons}, �r�c} Borr�wer has abandaned the Pr�perty, then L�nder rnay do and pa� for wha��ver is <br /> r�as�nab�e or appropria�e ta pro�ec� Lender's int�rest�n th�Proper�y and rights under thi� Security <br /> �nstrument, inclu�ing pro�ectzn� andlor asses�ing�he value�f the Pr�per��, and securing andlor r�pa�rxng <br /> th�Property. Lender's act�ons can inc�ude, but are n�t�imit�d to: �a}paying an�r sums s�cur�d by a���n <br /> which has pr��rxty�ver this Secur��� �nstrumen�; ��} appearing in court; and�c}pay�ng reasonab�e attorneys' <br /> fees�o pro�ect i�s in�erest��th�Prop�rty andlar rights under this Security�nstrument, including i�s secured <br /> pos�t�on in a bankrup�cy praceeding. Secur�n�the Pr�per�y in��ud�s, but is n��limit�d t�, en�ering�he <br /> Proper��ta ma�e repa�rs, chang�l��ks, rep�ace or baard up daors and vvind�ws, drain wat�r from pipes, <br /> eliminate bu��ding or�ther cod��iQlatiflns�r dangerous cond�ti�ns, and ha�e uti�it�e��urned on or aff. <br /> Alth�ugh Lender may take act�an under this �ecti�n 9, Lend�r do�s na�ha�e t�do so and�s n��under a.�ay <br /> duty�r obligat��n to do so. It is agreed�hat L�nder in�urs no liab�li�y for nat�akzng an�r ar all actzans <br /> au�h�rxzed under�h�s Se�tion 9. <br /> Any amounts disbursed�y Lender under this Sectian 9 sha�l became add��xanal debt�f B�rro�ver secur�d�y <br /> this 5ecuri�� �ns�rurnent. Thes�am�unts shall bear interest at the Note ra�e fr�m�he da�e�f disbursexnent <br /> and shall be pa�rab�e, v�ith su�h in�erest, upon notice from L�nder ta Borrawer request�ng paymen�. <br /> �f th�s Security Ins�rumen�is arz a�easehold, Borrov�er sha�� comp�y w�th a���he prov�s�ons of�h�Iease. �f <br /> B�rrower acquires fee t�t�e to the Pr�per�y, the�easeho�d and�he fe�title shall not merge unless Lender <br /> agr�es to�he m�rg�r in�vr�ting. <br /> �D. Mortgage lnsurance, If Lender r�qu�red Mar�gage Insuratac�as a cflndztzfln af making the Loan, Borrawer <br /> shall pay th�premiums r�quired tQ ma�nta�n the Mortgage Insurance in effect. �f, for an�reason, th� <br /> Mortgage Insurance coverage requ�red�by Lender ceases �a be ava�la�le from the mor�ga���nsurer tha� <br /> pre�iousi�pro��d�d such insurance and Borrower was required �o make��para�e��r des�gnat�d paym�nts <br /> toward�h�prem�ums far M�rtgag��nsurance, Borrower�ha�I pay the prem�iums r�quzred to o�tain coverage <br /> subs�an��a�Iy equ�va�ent t� the Nlor�gage�nsuranc�pr�v�ously in effect, at a�ost substantza�ly�qui�al�nt ta <br /> �he Gos�tn B�rrower of the Mar�gage�nsurance pr�W�ousiy in effect, from an alt�rnate mortgage ir�surer <br /> s��ected by Lend�r. �f substantial�y equ�va��nt MQr�gage�nsuran�e coverage is not ava��ab�e, Barrower shati <br /> NEBRASKA-SingEe�amily-�anr�ie Mael�reddie Mac UNi�DRM ENSTftUM�NT Form 3Q28 11�1 <br /> VMP Q VMPfitNEy�i 3��� <br /> Wolters t�Euwer Financiat Ser�i�e� Page 8 vf 17 <br />
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