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201604290
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Last modified
7/24/2017 2:30:59 PM
Creation date
7/11/2016 9:03:59 AM
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DEEDS
Inst Number
201604290
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2� 1 ��429� <br /> for the repairs and rest�ratian in a single payment or in a series af pragress payments as the�nrork �s <br /> complet�d. If the insuran�e or candemnati�n pr�ceeds are nat suf�r�ci�n��o repair or res�or�the Prflperty, <br /> Barrower�s not re�ieved of Borrower's obligatian for the compie�ion of su�h repa�r ar restora�ion. <br /> Lender or its agent may mak�reasanable entries up�n and �nspec��ons of the Prop�rty. �f it has reas�nable <br /> cau�e, Lend�r�nay inspect th�interinr af the improvements on�he Prap�r�y. Lend�r sha�� gi��Borrawer <br /> notice a�th�time of�r prior to such an�nter�or�nspect��n sp�cifying such r�asonab�e cause. <br /> �, Barrowe�'s Loan App��cation. Borrower sha��be ir�defaui� if, during �he L�an application proCess, <br /> Borrawer or any persons or ent���es act�ng at the dir�cti�n�f Borrower�r with Barr�w�r's kn�v�iedg��r <br /> consen�ga�e ma�er�a��y false, misl�ading, �r inaccurat��nfarmation or statements �o Lend�r��r fai�ed to <br /> provide Lender with ma�erial informa���n} in c�nneCti�n w��h the L�an. N�ater�a� representa��ons include, bu� <br /> are n�t�imited ta, r�pr�sentations�nncern�ng Borrower`s occupancy of the Propert�as Borrawer's principa� <br /> residence. <br /> 9. Protection of Lender's Interest in the Praperty and Rights Unt�er th�s �ecurity �nst�ument. �f�a} <br /> Borrower fa��s ta perform�he��v�nants and agreements c�nta�ned �n thzs �ecur�ty �nstrumen�, �b�there is a <br /> �egal proc�eding that m�gh�signif��ant�y affe�t Lender's inter�st in the Proper�y andlor righ�s under this <br /> Securzty Instrumen� �such as a prnceed�ng �n bankruptcy, proba�e, far condemnatian or forf�iture, f�r <br /> enforcement of a l�en��rh�ch may attain priarity over this Securi�y �nstrumen�or to enforc�la�vs or <br /> r��u�at�ons}, or�c} Borraw�r has abandaned th� Pr�per�y, then L�nder may do and pay for whate�ver�s <br /> r�asanab�e ar apprapriate�a pratect Lender's interest in the Property and rxghts und�r this 5�cur���r <br /> Instrument, inc�uding protecting andlnr assessing th�va�ue of�he Proper�y, and secur�ng andlor repairing <br /> the Praper�y. Lender's actions Can inc�ude, bu�are not �zm�ited to: �a} paying any sums s�cur�d b�a�ien <br /> vvhich has priorit� �ver this Secur�t� �ns�rument; �b} appearing in�ourt; and �c}paying r�a�onable at�orneys' <br /> fees t�protec� ��s interes� in�h�Proper�y andl�r ribhts under this Securit� Ins�rum�n�, �nc�u��ng ��s secured <br /> poszt�on �n a bankrup�cy proc��dir�g. 5ecuring the Prop�r�y �nGludes, bu� �s n�� ��m��ed tn, en�er�ng�he <br /> Prop�rty�o make repa�rs, change locks, repia�e ar b�ard up daor� and�v�ndo�vs, drain wat�r from pipes, <br /> e�im�nate bu�id�ng ar other c�de�zo�at�ons nr dangerous c�ndit�ons, and have u�i�iti�s �urned on or off, <br /> Aithaugh Lender may ta�e ac�ian und�r this S�ctian 9, Lender does n�t have to do so and is not under any <br /> duty or obligat�an�o�a so. �t �� agreed that Lender incurs no l�abiii�y for not taking any�r al1 actions <br /> au�hnr�zec�und�r th�� Se�t�on 9. <br /> Any arnaun�s disbursed�y Lender und�r this Section 9 shall become add�t�ona� �eb�flf Borrflwer secured by <br /> this Securi�y Ins�rument. These amounts sha�� bear in��rest at the Note rate from.fihe date of disburs�ment <br /> and sha�l be pa�able, �vi�h such in��rest, upon not�c� from Lender to Borrower r�questing payrnent. <br /> If this Secur�ty �ns�rument �s on a��as�h�id, Borrflwer shall comply with all the provis�ans af the�ease. �f <br /> Borro�v�r acqu�res fee tit��to the Prop�rty, the l�aseho�d and the fee����e sha�� no�merg�un�e�s Lender <br /> agrees to the merger�n writing. <br /> '[4. Mort�age Insurance. �f I�ender required Mortgage Insurance a� a condition of making �he Loan, Borrower <br /> shail pay �he pr�m�um�re�uir�d ta main�ain the M�r�gage�nsurance in eff��;t. If, far any reason, the <br /> Mor�gage�n�urance coverage re�uired by Lender�;eases t�be ava�labie from th�mor��age �nsurer�hat <br /> pre�iausly pro�ided such insurance and Borrower was requ�red�a make separate�� des�gna��d pa�ments <br /> �oward the premiums far IV�ortgage �nsurance, Borrower sha��pay the prem.iums requir�d to o�ta�n�overag� <br /> �ubstantiaily equivalen��o the M�rtgage�nsurance previously in effec�, at a co�t�ubstantially equi�a�en��o <br /> �he cost ta Borrnwer of�he Mortgage �nsurance pr�vi�usl�in effe�t, fram an alternate mor�gage �nsurer <br /> se�ec�ed b� Lender. �f substantially equi�alen� M�rtgage �nsuranc�cfl�erag��s n��a�ai�ab�e, B�rrow�r shall <br /> N�BRASKA-Singte�amily-Fannie MaelFreddie Mac UNIFORM lNSTRUM�NT Form 3��8�1�1 <br /> VMP� VMPfi�N��t13Q2f <br /> WnE#ers Kluwer Finan�ia!Ser�ic�s Pae�e 8 af'�7 <br />
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