Laserfiche WebLink
2� 1 ��579� <br /> by a lien which has priority o�er this 5ecurit�Ins�rument; �b}app�aring in court;and[�}paying <br /> reasonable at�orneys'fees ta protect�ts interest in the Property andlor rights und�r�hi�Secur�ty <br /> Instrum�nt, includ�ng i�s secured po�itxon in a bat�ruptcy proceeding. Securing the Praperty includes, <br /> but is not limited ta,en�ering the Prop�rty to mak�repairs,chan.ge locks,replace or board up doars and <br /> windows,drain�vater from pipesa eliminate build�ng or�ther code violation��r dangerous condi�ivn�, <br /> and ha�e utilities turned an or aff.A�though Lender may take action under this Section 9,L�nder da�s <br /> nat have to do so and i�not under any duty ar obligatiQn to do sa.I�is agreed that L�nder incurs n� <br /> �iab��ity for nvt taking any or a11 actions autharized under this Section 9. <br /> Any amaunts disbursed by Lender under�his Section�shal�becom�additro�al debt of Borrower s�cured <br /> b�r this Security Instrurnent. These amoun�s sha�l bear inter�s�at the I�Tote ra�e from the da�e of <br /> disbursement and shall be payable,with such interest,upon notice from Lender�o Borrvwer reque�ting <br /> paym�nt. <br /> If this Security Ins�rument is on�leasehold,Borrow�r sha11 comply with a11 the provis�ons�f�he lease. <br /> If Bonower acqui.res fee�itle to the Property,�he�easehold and the fee title shall not merge unless <br /> Lender a�rees�o the rnerger in wr�ting. <br /> �D. Assignmentvf IlAisce��aneousRroceeds;Forfeiture.A11 Misce�laneous Froceeds are hereby <br /> assigned to and sha11�e paid to Lender. <br /> If th�Proper�y is damaged,such Miscellaneous Proceeds shal�be applied ta restoration or repair of�he <br /> Property, if the r�storation ar repair is economically feasibl�and Lender's security is not lessened. <br /> During such repai,r and res�ora�ion period,Lender s�a11 have the right to hold such Miscellaneous <br /> Pra�eeds unti�Lender has had an oppor�unity to inspect such Property tv ensure the wark has been <br /> completed to Lender's satisfactivn,pro�ided tha�such inspection sha11 be undertaken promptly. Lender <br /> may pay for the repairs and restoration in a s�ng�e disbursement or in a series of progress payments as the <br /> work is compl��ed.Untess an agreement is made in writing or App�icable Law requires interes�to be <br /> paid on suGh M�scellaneous Praceeds,Lender shall not be required ta pay Barro�er any in�erest or <br /> earnin.�s an such Misce��aneous Proceeds. If the r�storation or repair is n�t e�onomically feasible Qr <br /> Lender's security would be Iessened,the Miscellaneous Proceeds sha11 be applied to the sums secured b� <br /> this Security Instrument,whether or not then due,with�he excess, if any,paid to Borrower. Such <br /> M�sce�laneous Pr�ce�ds sha��be applied in the order pro�ided for in Section 2, <br /> In#he e�ent of a tota�taking,destruction,or loss in value of the Froperty,the Miscellaneous praceeds <br /> sha11 be applied to the�ums secured by this Security Instrument,whether or not then due,with the <br /> exGess,if any,paid ta Borrower. <br /> In the event af a partia�ta.king,destruction,or loss in value of the Property in which the fau market <br /> va�ue of th�Property immediately before the partial taking,destru�tion,or loss in�a1ue i�equa�to or <br /> greater than the amount of the sums secured by this Security�nstrument immediately before the part�ai <br /> tal�in�,destruction,or loss in value,unless Borrower and Lender otherwise agree in writing,the sums <br /> secured by this Security In.strument shall be reduced by the amount af the Miscellaneous Proceeds <br /> multiplied by th�following fraction.: (a}the tatal amou�t of the sums sec�red imrn�diately before the <br /> partial tal�in�,destruc��on,or 1o�s in value divided b}�(b}the fair market value of the Praperty <br /> immediately befare the partial taking,d�struction,or Ivss�a�alue.Any balance sha11 be paid ta <br /> Borrower. <br /> FHA deed of Trust W�th MERS-NE 9/34/2414 <br /> Bankers Systems'� VMP� VMP4N(NE}�154B}.4D <br /> Wolt�rs Kluwer Financiaf Services Page 9 of f7 <br /> qQ3359�16155 �233 354 �917 <br />