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201606723
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Last modified
7/24/2017 3:55:11 PM
Creation date
10/12/2016 9:20:18 AM
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DEEDS
Inst Number
201606723
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� 2� 1 ���723 <br /> repres�ntations include,i�ut are n�t limited to,representatians c�ncerning Borrower's occupar�cy of the <br /> Property as B�rrower's principal r�sidence. <br /> �. Protect�on af Lender's Int�rest in the Property and Rights Under this Security <br /> I n stru ment. If(a}B vrrovver fails to perfvrm the co�enants and agreements contained in this S ecurity <br /> Instrument, (b}there is a legal proCeeding tha�might significantly affect Lender's interest in�he <br /> Property andl�r r�ghts under this Security Instrument(such as a proceedi.ng in bankrup��y,probate, <br /> far candemnation or forfeiture, for enforcement of a�ien whi�h rnay atta.in priority over this Securi�y <br /> Instrurn�nt or to enforce laws or regulations}, or�c}Borrower has aband�ned the Froperty,then <br /> Lender may do and pay for whatever is reasonab�e or appropriate to protect Lender's interest in the <br /> Praperty and rights under th�s Security Ins�ru.r�.ent, includ�ng protecting andlor assessing the value <br /> of�he Pro�erty, and securin�andlar repairin�the Pxop�rty. Le�der's ac�ians�an in��uc�e,but are not <br /> 1imi�ed to: (a}paying an�sums secured by a�ien which has pri�rity o��r this Security In.struxn.�nt; �b) <br /> appearing in court;and(�}paying reasonab�e attorneys' f�es to pr�t�ct its interes�in t�ie Proper�y andl <br /> �r rights under this Security Instrumen�, inc�uding its secured position in�barikruptcy pr�ceeding. <br /> Se�uring the Propez-ty includes,but is not limited to, entering the Property�o make repairs, change <br /> 1oc�s,replace or boar�i up daors and windows,drain water frorn pipes,e��minate building ar o�her <br /> code viola�ions or dangerous c�nditivns, and ha�e utilities turned on or of�. Al�hvugh Lender may take <br /> action under this Section 9,Lender dves n�t ha�e to do so and�s no�under ar�y duty or vbligat�on to <br /> do s�. It is agreed�hat Lender incurs no liabili�y for n�t ta,king any or all actions authorized under this <br /> Sectivn 9. <br /> Any amounts dis�ursed by Lender under this Se�tivn 9 shall become additional debt�f Borr�wer <br /> secured by�his Security Instrument. These amounts shall bear�nterest at the Not�rat�fr�rn th�date of <br /> disbursement and sha�l be payable,with�uch interest,upan noti�e fr�m Lender to�orrower requ�s�ing <br /> payment. <br /> If this Security Instrumen�is on a��asehold,Borrovver shall comply with�.�1 the provisions of the <br /> �ease. If Borrower acquires f�e title to the Pro�a�rty,the leas�hold and the fee titl� shall nvt merge <br /> unless Lender�grees to the merger in writing. , <br /> 'I�. Mortgage Insurane�. If Ler�der requ�red M�rtgage Insu�rance a�a cvndit�on of making the <br /> L�an,Borravver shall pay the premiunzs required t�main�ain t�.e Mortgage�nsurance in effect. If, <br /> far any r�ason,�he Mortgage Insurance coverage requ�red by Lend�r ceases to be a�ai�able from <br /> the mortgage insurer that pre�iously pr�vided such insurance and Borr�wer v�as required��make <br /> separately designated payments t�ward th�premiums fQr Mortg�g�Insur�n�e, B�rr�wer shali pay the <br /> �remiums r�quir�d to obtain cav�rage substantially equival�r�t to the Mortgage Insurance pr�vivusly in <br /> effeCt,at a cast substantia�ly�qu�val�nt to th�cost t�Borrvwer of�he Mort�ag��nsurance pre�iously <br /> in effect, fror�n a,n a�ternate m�rtg�ge��nsur�r se�ected by Lend�r. If substar�.tially equiva��nt�Vlortg�.ge ' <br /> Ir�suranc��average is not av�ilable,Borrawer sha�l continu��o pay to I.�nd�r the am�unt of the <br /> separate�y desigx�a�ed�ayments tha�wer�due when the insuraxace��vera�e ceased to be in effect. <br /> Lend�r wi11 accept,use a,nd retair�these paym��ts as a n�n-refundal�le Ioss r�ser��in lieu af Mortgage <br /> Insurance. Such lass re�er�e s�all be non-r�fu�.da�b�e,notwithstanc�ing the fact that�he Loan is <br />� ultirnately paid in full,and Lender shall�a�be xequired to pay Barrower any int�rest or earnings on <br /> su�h�ass reser�e. Lender c�no �on�er requ�r�loss re�er�e pay�nent�if Mort�age�nsurance coverage <br /> �in�he amount and far the period that Lender r�q�ires}pr��ided�y an u�surer seleG��d by Lender <br /> again becomes available,is obtained, ar��Lender rec�uir�� sep�.rately d�sigr�ated paym��ts t�ward the <br /> premiums for Mortgage Insurance. If Lender req�ir�d Moxtgag�I�surance as a condition of making <br /> the Loan and Borr�wer was requ�r�d to make �epar�tely designated payme�.ts toward the pren�.iums <br /> ao25rr4os� <br /> NEBRASKA-5ingle Family-Fannie MaelFr�ddie Mac UNIFORM lN5Ti�UMENT Form 3��8 91�1 <br /> VMP� Q412U1fi <br /> Wvlters Kluwer Finanaal Ser�ices 2�1 s�9�31�.1.3.3521-J201 G06�fiY Page 8 v#1 fi <br />
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