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201605491
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Last modified
7/24/2017 3:10:29 PM
Creation date
8/25/2016 8:51:01 AM
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DEEDS
Inst Number
201605491
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2� 1 ��5491 <br /> fi. �ccupancy.Borrower sha��occupy, esta.b�ish, and use the Property as�orrower's principa�residence <br /> with�n GU days af�er the execution of th�s Security In�trument and sha1�continue to occupy the Prvperty as <br /> Borrower's principal residence for at 1eas�one year af�er the date of occupancy,unless Lender otherwise <br /> agrees in�vriting,�vhich cQnsen�shall not be unreasonably withheld,or untess extenuating circumstances <br /> e�ist whi�h are beyon��3�rr�vv�r's control. <br /> 7. Pres�er�at�on,Maintenanceand P'rc�te�tionof the Property;Inspections.Borrovver sh�.11 not destroy, <br /> damage or impa�.r the Propexty, a11ow th�P�roperty ta deteriorate or commit waste on the Property. �Vhether <br /> �r not Borrower is residing in the Property,Borrower sha11 maintain the Property in order to prevent�he <br /> Property fram d�terioratin��r decreasing in�a�ue du�ta its condition.Unless it is determin�d pursuant to <br /> Section S that repau�r restvratian is not ecvn�mi�ally fea�sible,Bvr�o�er shall pr�����y repa.ir��ie Property <br /> if damaged to avoid fur�her deteriorat�on or damage. If insurance or condemnati�n proceeds are paid in <br /> cannection with damage t�,or�he tal��ng vfA the Property,Borrower shali be responsible for repairing or <br /> re�toring the property only if Lender has released pro�eeds for such purp�ses. Lender may disburse praceeds <br /> for the re�a�rs and r�storatian in a siagle payment or in�series of pragress payments as the�v�rk is <br /> complete�. If the in.surance�r condemnation proceeds ar�n��sufficient to repair ar restore the Property, <br /> BQrrower is not re�ieved�f�3orrower�s obligation for the completion�f such r�pair or rest�ration. <br /> Lender or its agent may make reasonab�e entries upon and inspections of the Property. If it has reasanable <br /> cause,L�nder may in�pect the interior of the�mprovements on the Property. Lender sha11 gi�e Borrower <br /> notice a�t the time of or prior to such an interior inspectian sp�c�fying such reasonab�e cause. <br /> 8. Borrower's Laan App��cation.Borrower sha11 be in default if, during the Loan application process, <br /> Bonower or any persons or entities acting at the direction of Borrower or with Bano�ver's knowledge or <br /> coasent gave materially false,misleading,or inaccurate information or st�.tements to Lender(or failed to <br /> pro�ide Lender with materia�information}in�onnecti�n vv��h th�Loan. Material representa.tions�nclude,but <br /> are not�imited to,representations concerning Borrower's occupanc�of the Property as Borrower's principal <br /> resid�nce. <br /> 9. Protectionof L�nd�r's Interest in the Propertyand Rights Under this Security instrument.If(aj <br /> Barrotiver fails�o perform the co�enants and agre�ments con�ained in this Security InstrumentA �b}there is a <br /> �egal�roceeding that might signi#"reantly affect Le�der's Ynterest in.the Property andlor rights under this <br /> Security Instrument��uch as a proeeed�ng in�aan�ruptcy,probate, for condemna��on or forfeiture, far <br /> enforcement of a��en which may�.tt�in pr�ority o�er this Security Instrument ar to enf�rce laws or <br /> regulations},or(c}Borrower has abandoned the Proper�,then Lender may do and pay for�hatever is <br /> reasonable�r appropriate to pro�ect Lender's interest in the Property and rights under this�ecurit-� <br /> Instrument, in��uding protecting andlor assess�n.g the value of the Property,and securing andlor repairing <br /> the Praperty. Lender's act�ons can include,but are not limited to: (a}pa}�ing any sums secured by a lien <br /> which ha�priority o�er this Security Instrument; (b)appearing in courty and�c}paying rea�onable attorneys' <br /> fees to protect its interest in the Property andlor rights under this Security Instrument, including its secured <br /> �osition in a bankruptcy proceeding, Securing the Property inctudes,but is nvt limited to,�ntering the <br /> Property to make repairs,Ghange locks,replace or board up doors and windows,drain water from pipes, <br /> eliminate buildin�ar ather code vialat�ons or dangerous conditions,and have���1it�es turned on or off, <br /> Although Lender may take actian under this Section�,Lender daes not have to d�so and is na�under any <br /> duty or obligation to do so. It is agreed that Lender incurs na�iability for not takrng any or al�actions <br /> authori�ed under this Secti�on 9. <br /> q�33562�4179 Q 33 431 4817 <br /> NEBRASKA�ir�gle Fam+fy-Fa�tnie MaelFr�eddie Mac UNIF�RM INSTRUMENT WITH AlIERS Form 3(}28 1101 <br /> VMP� VMP$A[NE][1302}.44 <br /> Wot�ers Kluwer Finar�cia!SeFvi�es � Page 8 of 17 <br />
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