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201605631
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Last modified
7/24/2017 3:14:06 PM
Creation date
8/30/2016 8:48:14 AM
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DEEDS
Inst Number
201605631
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2� 1 ��5�31 <br /> far�he repairs and restflration �n a s�ng�e paymen�or in a ser�es of pr�gr�ss paynr�ents as th�ti�ork is <br /> campiet�d. �f the insurance or�and�mnatian prace�ds are not suff�cient to repa�r or restore the Proper�y, <br /> Borrawer is not r�iie�ed of Barrow�r's abligatian for the comple�ion of such repa�r or restora��on. <br />. Lend�r or its ag�n�may make reasonabl�entries up�n and inspectians af th�Proper�y. �f x�has reasnnabl� <br /> caus�, L�nder may �nspec��he interior of�he impr�vements on the Praper�y. Lender shaii give Borraw�r <br /> no�ic�at the�irn�of or pr��r�o such ar�interi��inspeGtion specifying such rea�onabie cause. <br /> S. Barrower's Loan App�ication. Borrower sha�� be�n d�fault�f, during the Loan appii�at�on pracess, <br />� Borrower or any persons or�n�ities acting at the d�rec��on�f Borro�ver ar with Barro�ver's knowle�ge ar <br /> cons�nt�ave material�y fa�se, misleading, or inac�urate infarmat�on�r statemen�s�� L�nd�r�or failed to <br /> prav�de Lender w�th ma�erial �nformat�on} in conn��tion with th�Laan. Mater�a� repres�nta�ians in��ude, bu� <br /> ar�not lim.ited�o, r�presentat�ons concerning Borrower's o�cupancy�f�h�Prnper�y as Borrower's prin�ipal <br /> residence. <br /> 9. Protectivn vf Lender's Int�rest in t�e Prap�rty and Right� Under this Security Instrument. �f�a} <br /> B�rrower fails�o perform�he cavenants and agr�ements con�ained �n th�s S�curity �ns�rument, �b} �here �s a <br /> �ebal proceed�ng that migh� s�gnificantly affect L�nder's �nter�st �n�h�Proper�y andlor righ�s under this <br /> S�curity ��.strument�such as a proceeding in bankrup��y, probate, for�ondemna�xon or farfezture, f�r <br />. enfarc�men�of a l�en wh�ch may attain pri�rity over�his Secur�t� Instrumen�or t�enf�r���aws or <br /> regulations}, or�c} Borrower has abandaned the Property, then Lender may do and pay for what�ver�s <br /> reasonable�r apprapr�ate t�pr���c�L�nder's in�erest in the Property and rights under�his Securit� <br /> �nstrument, inc�uding prote�ting andlor assess�ng�he�a�ue of the Pr�perty, and se�uring andlor repairing <br /> �he Proper�y. L�nd�r's act�ans can include, but are not�zm.�ted�o: �a}payinb any sums secur�d by a Iien <br /> which has prior�ty ov�r this Se�urity Instrumen�; ��} appear�ng �n c�ur�; and �c}pay�ng reasnnable att�rne�s' <br /> fees to protect �ts interes� in th�Pr�per��andlar ribhts under�h�s Secur��y �ns�rumen�, includ�ng its secured <br /> position in a bankruptcy pr�ce�d�ng. 5ecuring th�Property inciu��s, but �s nat��mited�a, en�erinb the <br /> Praperty t�make repairs, change locks, rep�ac�or baard up daors and�vindows, d�a�n wat�r f�ram pipes, <br /> eliminate buiidinb or oth�r cod�vio�ations or dan�erous c�ndi�i�ns, and have utilztzes �urn�d an or off. <br /> Althoubh L�nder may tak�ac�ian under th�s�ect��n 9, Lend�r d�es na�have t� d� so and is nat under any <br /> duty or obii�at�on ta do so. �t is agreed�ha� L�nder incur�na ��ab�Z�ty for no� �a��ng any or all ac�ion� <br /> author�zed under this Section 9. <br /> Any amoun�s disburs�d by Lender under this SeGtion 9 shall b�came additz�na� d��t of B�rro�v�r secur�d by <br /> th�s Security �nstrument. T�.ese arr�ounts sha�l b�ar �nteres�at�he IVate rate fr�xn th�da�e of disbursemen� <br /> and shai� be payabie, wi�h such znt��rest, upon na�ice from Lender ta Borrotiver requesting pa�m�nt. <br /> �f th��Secur�ty �nstrum�nt is on a leasehoid, B�rr��ver shal� c�mply��th all the pra�isions of th� �ease. If <br /> Borro��er ac�uires fee t�tle�o the Property, the l�asehald and�he fee ti��e shall not merge unless Lender <br /> agrees�a�he merger in wr���n�. <br /> �C�. Mortgage insurance. �f Lender r�qu�red �ar�gage�nsuranc�as a c�ndi�ior�of mak�ng�he Loan, Borrow�r <br /> shall pay�he premiums r�quired �o mainta�n the N��r�gage�nsuran�e in effect, If, for any reasan, �he <br /> Mor�gage�nsurance c�verage required by Lender ceases ta be ava�iab�e frnm the mortgage insurer that <br /> prev�aus�y prav�ded such �nsurance and Barrawer was required�o make separate�y des�gnat�d paymen�s <br /> t�ward the pr�am.iu�ns for Martgage �nsurance, Bflrrawer sha�l pay the pr�xnium.s required tfl ab�a�n co�erag� <br /> su�stantiall��quivaient to the N�ortgage �nsurance pre�i�usly in effect, at a c�s�substantially equi�alent tn <br /> the cost to B�rraw�r of�he M�rtgage �nsurance prev�ous�y in eff��t, from an al�ernate mortgage insurer <br /> se�ec��d by Lender. If substantial�y equ�va�ent Mor�gage Insuranc�coverag�is not availabl�, Barrotiver sha�I <br /> N�BRASKA-Singl�Family-Fanni�Mael�red�iie Mac UNEF�RM INSTRUM�NT �orm 3a�8�101 <br /> VMP[�] VMf'6�NE��13��� <br /> Wa[t�rs Kiuwer Financia!5er�ices Pag�8❑f 3 7 <br />
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