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201603616
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Last modified
7/24/2017 2:08:27 PM
Creation date
6/13/2016 9:03:52 AM
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DEEDS
Inst Number
201603616
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2� 1 ��3� 1 � <br /> for�he repairs and restaration in a szng�e paymen�or�n a ser��s af pr�gr�ss payment�as �he work is <br /> c�mpl�t�d. �f�he insurance�r cflndemna��on pr�ceeds ar�na�suff�cien� t� re�air ar r�stare the Praper��, <br /> Barrower zs nat r�lie�ed�f Borrov��r'�ob�iga��on for�he c��np�et�an of such repazr or restorat�on. <br /> Lender ar�ts agent may m.ake reas�na�ble entries upon and inspe�tions af the Prap�r�y. �f�t�as reas�nable <br /> cause, Lender ma� inspect th��n�er��r of the impravemen�s on�h�Prope�.y. Lender sha�l gi�e Barrovv�r <br /> no�ice at th��zme of ar prior ta suc�an interior inspection specifying such rea�onab��cause. <br /> 8. Borrower's Loan Appf��at��n. B�rrow�r sha��be in d�fau�t�f, during th� Loan app�icatz�n prac��s, <br /> Barrow�r or any persons or ent�ties acting at�h�directior�of Borro�ver�r�vith Borro�ver's know��dge ar <br /> consent gave ma�eria�ly fals�, mis�ead�ng, ar�naccurat�infarmati�n�r stat�rx����s to Lender�or fail�d�a <br /> pr��ide L�nder with ma�eriai information} �n c�nnect�on v�ith the Loan. Mater�al r�presentat�ons include, but <br /> ar�not limi�ed�o, repres�n�ations cnncern�ng Borra��r'�occupancy�f the Pr�per�� as Borr�wer's principal <br /> ��S�C��IlCV a <br /> 9. Protectivn of L.ender's Interest �n the Property and R�ghts Under this Security �nstrument. �f�a} <br /> Borrawer fails t�perfarm�h�c�venants and agreements conta�ned�n�his Se�urzty�nstrumen�, �b} �her��s a <br /> l�ga�proceeding�hat r.r�ght sign�ficant�� affect Lend�r's in�erest �n th�Proper��r andlor r�g��s under th�s <br /> S�curi�y �nstrument�such as a prace�ding �n ba�kruptcy, pr�ba��, for cond�n�na��on or forfe�ture, for <br /> enforc�ment of a lier�whi�h may attain prior�ty over�his�e�urity Instrumen�or to�nforce laws or <br /> regu�ations}, or�c} Barrawer has abandoned the Pr�per�y, �hen Lend�r ma�do and pay for wha�ev�r�s <br /> reas�nabl�or appr�priate to pr�tect Lender's intere�t�n�h�Prop�r�y and rights un�ier this Security <br /> �ns�ru.ment, inc�ud�ng protecting ar�dlor assessing the�a�ue of�he Pr�per�y, and securing ar�dlor repaxrxng <br /> th�Prop�r�y. Lender's aG�inns can�n�lude, bu�are no���muted to: �a�pay��g any sums secur�d�y a��en <br /> wh�ch ha�pri�rity over�h�s Se�urity �nstrument; �b} appearing in cour�; and �c�pay�ng r�a�ana�le attorneys' <br /> f�es to pra��ct its interest�n�he Proper�y andlor rights under�his Securi�y Instrument, �n��ud�ng it�secured <br /> pasitian in a bankruptcy pr�ceeding. Securing�he Praper�y includes, but�s no��imited�o, entering�h� <br /> Pr�per�y to mak�repa�rs, chang��ocks, rep�ace or board up do�rs and v�indows, drain water from pipes, <br /> e�iminate bu�lding or o�h�r cade�iolati�n�or dan�erous condi�ions, and have u�ili�ies turned on or nff. <br /> Ai�hough L�nd�r may take aC��on under this Sectzan 9, Lender does nat ha�e ta da so and is no�under an�r <br /> du�y or�b�igati�n�o da so. ���s agre�d that Lender�ncurs n���abi�xty for n���a.kirzg any�r a�� act�ons <br /> author�zed under th�s Sectian 9. <br /> Any amaunts d�sbursed by Lender under th�s Sect��n 9 sha�l become addit�anal debt of Borrower�ecured by <br /> this Se�urity �nstrumen�. These amoun�s shall bear�nteres�a�th�N�t�ra�e from�he dat��f�isbursem�rit <br /> and sha���e payab��, w�th such interest, upan not��e fro�n Lender to Barrnwer r�questing payment. <br /> �f th�s Security �nstrumen� xs on a�easehold, B�rr�wer sha��comp�y with a��th�prov�s�ons�f the�ease. �f <br /> Borrovver acquires fe�t�tl�to the Pr�per�y, th���aseh�id and�he fee���le sha�� no�merge un�ess Lender <br /> agrees�a the merger in writing. <br /> ��. M�rtgag� Insurance. �f L�n�er requ�red Mor�gage In�urance as a�ondition of mak�ng the Loan, Borrower <br /> sha��pay the prem�ums required to xna�nta�n the M�r�gage Insurance in eff�ct. If, fflr any reas�n, �he <br /> Mor�gag�Insurance coverage requir���y L�nder ceas�s to be a�ailabl�fr�m the mor�gage insurer�hat <br /> previ�usly provid�d such�nsu�ance and Borrower was required ta make separate��designated payments <br /> �oward th�premiums for Mnr�gag� Insurance, Borrovver shall pay the pr�mium� required to ab�ain co�erage <br /> substantially equi�a��nt to the Mor�gage�nsurance pre�iously in effect, a� a cost subs�an�ially equi�alent to <br /> �h�cost��B�rrawer of�h�Mortgage Insurance previously in effect, fram an aiternate mflr�gage insurer <br /> s�lected b� Lender. �f substar�tia�Iy�qu�va�ent M�r�gage Insurance coverage is n��availab�e, Barrower sha11 <br /> N�BRASKA-Single�amily-Far�ni�MaelFreddie Mac UNi�DRM INS�RUM�NT Farm 3�28 110'! <br /> VMP� VMP6�NEy t13D21 <br /> Walt�rs K[uwer Fi�anGial Ser�ices Page$of 17 <br />
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