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201604644
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Last modified
7/24/2017 2:42:03 PM
Creation date
7/22/2016 10:41:30 AM
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DEEDS
Inst Number
201604644
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2� 1 ��4�44 <br /> for�he repairs and r�staration in a single payment�r�n a s�rie�of pr�gress payment� as the work �s <br /> completed. �f the insurance or candemnation prac�eds are na� suf�icient to repair�r restore th�Prap�r�y, <br /> Borrawer is n�t reiieved�f Barrower`s obligatian far�he compl���an of�u�h repair or restora�ion. <br /> Lend�r or��s agent may mak�reasanable entr�es upon and �nspectians of the Property. If it has reasanable <br /> cause, Lend�r may �nspect th� interior of the improv�ments on the Property. Lender shall gi��Barrawer <br /> notice at the tim�of�r prior t�suGh an �n�er��r inspe��ion spec�fying such reasanab�e cause. <br /> $. Bar�ower'S L�an Applicat�on. Barrower sha�l �e in defau�� if, during th� Loan app�icati�n process, <br /> Borrower�r any p�rsons�r en�i�ies act�ng at the direction of Borrawer or�vith Borrower's kn�wledg�or <br /> con�en�ga�e n�ater�a��y fa��e, mislea��ng, or inaccurate informa��on ar statemen�s t� Lender��r failed to <br /> pro��de Lender w�th mater�a� �nformat�an} in�annec�ion wi�h th�Loan, Mater�al representatians include, bu� <br /> are not limit�d�o, repres�ntations concerning Borro�er'�accupancy of the Propert� as Borrower's pr�nc�pa� <br /> res�dence. <br /> 9. Pr�tectifln of Lend�rrs �nterest in the Prvpe�ty an� Rights Under this Security [ns�rurnent. �f�a} <br />- BQrrow�r fa�is to perform the co�enants and agre�ments�antained in�hi� Securi�y �ns�rumen�, �b� �here �s a <br /> �ega� prflceeding tha�might significantly affec�Lender's int�re���n�he Prop�rty andlar rights under this <br /> Secur�ty �ns�rument �su�h as a pro�eeding in bankrup�cy, prabate, for cnndemnat�on or forfeiture, for <br /> enf�r��men�af a�ien wh�ch may atta�n priority over this Security Instrumen�or ta�nfnrc��a�vs ar <br /> regulatiflns}, or�c} B�rrov�er has abandoned the Prop�rty, �h�n Lender may do and pay for wha�ever�s <br /> reasanab�e or apprapriate ta prot�ct Lender's �nt�rest�n the Proper�y and rights under th�s Security <br /> Instrument, �ncluding protecting andlor assessing the�alue of�he Proper�y, and securing andlor repairing <br /> �he Proper�y. Lender's act�ons can�nciud�, bu�are n�t lirnit�d to: �a}paying any sums secur�d by a�ien <br /> which has prior�ty over this 5ecurity �ns�rumen�; �b� appearing in court; and �c} pa��ng reasonab�e at�orneys' <br /> fees t�pr��ect its in�eres�in th�Proper�y andlor rz�hts under th�s Securit� �nstrumen�, znc�udzng �ts secured <br /> pos�t�on �n a bankruptcy pro�eeding. Secur�ng�he Proper�y in��u�ies, bu��s not limi�ed ta, entering �he <br /> Propert� to mak�repa�rs, change locks, replace or board up d�flrs and w�ndows, drain�rater from pipes, <br /> eliminate buiid�ng ar other code vzola�ions or dangeraus condit�ons, and ha�e u�il�t���turned an�r aff. <br /> A��h�ugh Lender may �ake ac��Qn under th�s Sec�ion 9, Lender daes not have ta da sa and �s not under any <br /> duty ar ob��gat��n to do sa. It is agre�d that Lender�ncurs no l�a�i�ity for nat taking any or al� ac�ians <br /> authoriz�d under thzs Sec�ion 9. <br /> Any amounts disbursed by L�nder under th�s Sec���n 9 shall become addit�ona� debt of Barrower secured by <br /> this 5ecuri�y Ins�rumen�. These amounts sha�l bear inter�s� at the Note rate fram the dat�of disbu�sement <br /> and sha�� be payable, wi�h such intere�t, upan nat�ce from L�nder�o Borrower r�questing payment. <br /> If th�s Security �nstrumen� is on a�easeh��d, Borrower sha�l comp�y w�th all the pr�v�s�nns of the�ease. �f <br /> Borrower acquir�s fee tit��ta the Proper��, the�easehoid and the fee ti�le sha�I n�t merge unless Lender <br /> agr�es to the m�rg�r in writing. <br /> 't 0. N�vrtgage �nsuranCe. �f L�nder re�uir�d M�rtgag�Insurance as a cond���on of making the Laan, Borrower <br /> shall pay th�premiums requ�red t� ma�nta�n the N�or�gage Insuranc�in eff�ct. If, f�r any reasQn, the <br /> N��r��age�nsurance caverage required by Lender ceases �o be ava�Iab�e from the mortgage insur�r that <br /> pre�ious�y pro��ded such insurar�ce and Borr�wer�as required��make separa�e�y d�signa��d payments <br /> toward th�pren�ium.s for Mnr�gage�nsurance, Borrower shal�pay the prem��ums requ�red t�obtain�a�erag� <br /> substa.ntially �qui�a�ent to�he M�r�gage�nsurance previously in effec�, at a cos� subs�antially equivalent ta <br /> the cos�ta Borr�w�r�f�he Mortgage�nsurance pre��ous�y in eff�ct, fr�m an al�ernate mar�gage insurer <br /> selected by L�nder. �f substantially equi�alen� Martgage �nsurance c�verage is not a�ailable, Borrower shali <br /> N�BRASKA-Single�amily-Fannie Mael�rerf�ie Mac UNf�QRM INSTRUM�NT �vrm 3D28�1�1 <br /> VMP Q VMPfi4N��t13D2� <br /> Wofters t{��wer Financial Ser�ices Page 8 of 17 <br />
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