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201603973
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Last modified
7/24/2017 2:18:19 PM
Creation date
6/27/2016 1:09:04 PM
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DEEDS
Inst Number
201603973
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2� 1 ��3973 <br /> for the repairs and r�st�ratian in a single payment ar in a s�r�es �f pr�gress payments as the�vark xs <br /> completed. �f the insurance or eondemnation proceeds are n�t suff�czent t� r�pair ar r�store the Pr�per�y, <br /> Borrower is no�re�x��ed of Barrower's ob��gation for t�.e�ompleti�n�f su�h �epair or res�orat�on. <br /> L�nd�r nr its agent may make reasnnabl�entries upan and �nspections of the Prop�r�y. If it has reasona��e <br /> �aus�, Lender may �nspect the �n��r�flr�f the improvem.en�s on�he Proper�y. Lender shal� giv�Borr�wer <br /> n�tice at the�ime of�r pr�or to such an�nt�rior in�pec�zon specifying such reasonab�e cause. <br /> $. B�rrflwer's Loan Application. Borrower sha�l �e in defau�� �f, during th�L�an a�pl�cation process, <br /> Borrower�r any persans ar�ntit��s act�n� at the dir�ction�f Borr�wer or w�th B�rr�wer's kn�w�edge�r <br /> cans�nt gave materia�l� fa�se, rrzislead�ng, or�naccurate inf�rma��an or s�a��ments to Lend�r�or fai�ed to <br /> provid�Lender w�th mater�a� infarmatz��.} �n cor�n.ection with the Loan. N.�ater�a� r�pres�ntatz�ns in��ud�, but <br /> are n�t lim�ted�o, representat�ons c�r��erning Borrower's occupancy flf th�Property as Barrovver's p�inc�pal <br /> resid�nce. <br /> 9. Pratection of Lender`s Interest in the Prvperty and Rights Under this Security Instrument. �f�a} <br /> Borrower fails ta p�rform�h�cov�nan�s and agreements canta�ned in this S��uri�y �ns�rument, �b} there�s a <br /> legal pr�c�ed�ng tha�m�gh�signzf�cant�y affect Lender'�inter�s� �n the Pr�perty andlor rights under this <br /> Secur�ty �nstrument tsuch as a proceed�ng �n�ankruptcy, pr�bate, far con�emna�ion ar f�rfeiture, for <br /> �nforcemen�of a 1�en vvh�ch may at�a�n pr�orzt��wer this Security�nstrument or�o enfarce �aws or <br /> regu�a�ions}, or�c} Borrower has abandoned th�Proper�y, then Lender may d� and pay for v�hate�er�s <br /> reas�nab�e ar appropria�e to pro�ect Lender's �nteres��n th�Property and rights und�r this Se�ur�ty <br /> Instrument, �ncluding protect�ng andlar assess�ng�he�a�ue�f�he Propert�, and secur�ng andlor repaxrxng <br /> the Praperty. Lender's ac�ians �an inc�ude, but are not l�mi�ed t�: �a}pay�ng a.ny sums secured by a lien <br /> which ha�prior��y o�er this Security �ns�rument; �b� app�ar�ng �n cour�; and ��}paying r�as�nable attorne�s' <br /> f�es to prot��t its interest in the Praperty andlor r�gh�s under�his Secur�t��nstrumen�, �ncluding its secured <br /> posit�on in a bankrup�cy proceeding. S�curing the Pr�perty inciud�s, but is not �im�t�d to, en�ering the <br /> Property�o make repairs, change��Cks, repiace or��ard up da�rs and wind�ws, drain warer from pipes, <br /> e�zminate building or other code v�o�ations�r dangerous cond�tions, and ha�e utili�ies turned nn or off. <br /> Aithough Lender may take a�t�on under this Sec�ion 9, L�nder dnes n��have to d� s� and is not und�r any <br /> �ut�ar o��igation ta da so. �t is agreed tha� Lender incurs na liability far nat taking any or aIl ac�i�n� <br /> autharized under�his Sect��n 9. <br /> Any am.ounts d�sbursed by Lender un�.er th�s Se�tion 9 sha��become additiona.� debt af Barrawer secured by <br /> �h�s Securzty Instrum.en�. These amaun�s shal�b�ar interest at the Na�e ra��fr�m th�date of disbursemen� <br /> and sha11 be payable, vv�th such �n�er�s�, upon n���c�from Lender to Borrawer reques�ing pa�ment. <br /> �f this Secur�ty �nstruxnen� �s fln a leaseho�d, Borrower shall campl�r w�t�.a��the prav�s�ons of the Ieas�. �f <br /> Borrower acquires fee titl�to the Pr�perty, �he�easeh��d and the f���itl�sha�l not�m.erge unless Lender <br /> a�rees t� the merger�n�riting. <br /> 'I D. M�rtgage Insurance, �f Lender requ�r�d M�rtgag��nsurance as a c�nd�tion of making the Loan, Borrower <br /> sha�l pay�he pr�miums required�o mainta�n the Mortgage Insurance in effe��. �f, for any reasan, the <br /> Mortgag�Xnsurance caverag�required by Lender ceases t�be avai�ab�e from.th�mar�gag��nsurer that <br /> pre�iously provid�d such �nsuran��and Borrower was requir�d�o rn.ake separate�y designated pa�m�n�s <br /> �award�h�premiurn� far M�r�gage�nsurance, Borrower shall pa�the premiums requ�red ta abtain coverage <br /> substan�ial�y �quivalent ta the Mortgag�Insurance previous�� in eff��t, at a c�st substantiaily equivalent ta <br /> the cost�o Borrovver of the Mor�gag� Insurance pr�vxously in effec�, from an a��erna�e mnrtgage insurer <br /> s�l�ct�d by Lender. �f substantia��y equivalent Mor�gage�nsurance coverag��s not aWa��able, Bnrrov�v�r shall <br /> NEBRASKA-5ingle Family-Fannie M�el�reddie Mac fJNlFORM INSTRUMENT Farm 302$ila1 <br /> VMP 0 VMPfi�N�1 t13�2] <br /> Walter$ICluwer�inancial 5er�ic�s Page 8 of 17 <br />
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