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201606959
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Last modified
7/24/2017 4:02:45 PM
Creation date
10/19/2016 10:18:50 AM
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DEEDS
Inst Number
201606959
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2� 1 ���959 <br /> fi. �ccu pancy.Borro�ver sha11 occupy, est�a.blish, and use the Property a�Borrower's principal residence <br /> within 6�days af�er the�xecution of this Security Instrum�nt and sh�.11 continue ta occupy the Pr�perty as - <br /> Borrower's principal residence for at least one year a�er the da�e of occupat�cy,unless L�nder otherwise <br /> agrees in writing,�hich consen�sha��not b�unreasonab�y withheld,or unless extenuating cucumstanc�s <br /> exist wlaich are beyand Borrower's contrvl. <br /> 7. Preservation,IlAaintenance and Protection of the Praperty;Inspections.Borrawer sha1��ot destroy, <br /> damage�r impai.r the Property,al�ow the Property to deteri�rat�or cornmit vvaste on the Pr�gert�. Wheth�r <br /> ar not Borr��ver is residing in the Property, Borrower shall maintain�he Froperty in order to pre�ent the <br /> Property from deteriorat�ng or decreasin�in va�ue due to its condition.Un�ess it is determined pursuant to <br /> Section�tha�repair�r rest�ra.tion is not economically feasible,Borrower�hall promptty re�air the Prvper� <br /> if damag�d ta avoid f�rther deterioration or damage.If inaurance or cvndemnation proce�ds are paid in <br /> connect�on with damage to,or the ta.king of,the Froperty,Borrower s�.a�l be responsible fo�r repairing ar <br /> restoring the Proper�y only if Lender has released proceeds for such�urposes. Le�.d�r�nay disburse proceeds <br /> f�r the repairs and restvratia�in a sing�e payn�e�t or i�.a series af progr�ss pa���nts a�the wor1�is <br /> complet�d. If th�insurance or condemnation proceeds are�ot�ufficient to repair or restvre the Property, <br /> I3�rra�er is not re�i�ved of Barrower`�a�bligativn for�he completion�f such repai�r or re�taration. <br /> Len�ier vr its agent may make xeasonab�e entrie�upon and inspections of the Property. If it has reasonable , <br /> �ause,Lender may inspect the interior of the impro�ements on�he F'r�perty. Lender sha1�gi�e Borro�rer <br /> notice at the time of or p�ior to�uch an interior in�peGt��n specifying such reasvnabl�cause. <br /> 8. Borrvv�er`s Loan App�ieation.Borro�v�r shall be in default if, during�he Loan appliGat�on process, <br /> Barrawer ar any persons or entities acting at th�direction of Borro�er or with Borrower's know�edg��r <br /> eonsen.t gave rnater�ally false,misleading,or�na�curate information or sta.�ements to Lender��r failed to <br /> provide Lender�vith material information)in connection�vith the Loan.Material repre�enta��ons include,but <br /> are not lxmited to,representati�ns concerning B�rro�ver's occupancy of the Froperty as�orrower's principal <br /> res�dence. <br /> �. P'rote�irio�of Ler�der's�nterest in the Propertyan�F���hts Vnde�this��curity instr�ument.If�a) <br /> Borrovver fails to�erform the covenants and agre�me�ts conta�ned in�his Securit3,�Instrument, (b}there is a <br /> �ega1 proceedin�that might significantly affect Le�der's interest in the Proper�an.dlar rights under th�s <br /> Se�urity Instrument(such as a proceeding in bankruptc�,proba�te, for condemnation ar forfeiture, f�r <br /> enforcement of a�ien wh�ch may attain priority over this Security Instrument or to enf�rce�aws or <br /> regulati�ns),or(c}Borrower has abandoned the Prvp�rty,then Lender may do and pay for whatever is <br /> reasanable ar appropria�e to protect�.ender's in�erest in the Property and rights under this�ecurity <br /> Instrument, in�luding pratecting andlor assessing th�vaiue of th�Property,and seGuring andlor repai.rin� <br /> �he Property. Lender's actions can include,but are nat Iimited to: (a}paying any�ums secured by a lien <br /> which has priarit�over th�s Security Instrument;�b)appear�ng in c�urt;and�c�pa�ring rea�anabte atto�.eys' <br /> fees ta protect its interest in the�''roperty andlor r�gh�s under#his Security Instrument, including i�s secured <br /> �o�ition in a�ankruptcy pro���ding. Seeuring the Pr�pe�ty includes,bu��s n����rnited to,e�.�e�ing the <br /> Property to ma�e repaus,change locks,replace or board up doors and�indo�vs,drain tivater from pipes, <br /> eli�mi�.a�e building or oth�cade�iol�.tions ar dangerous�o�ditions,and have ut�l�t�es turned 4n or aff. <br /> Although Lender may ta1�e action under thi.�Section 9,L�nder does not have to do so and is n�t under any <br /> dut�or a�b�xgatiQ�.to do s�. It is agreet�that�,�nd�r incurs no 1ia�ility for not ta��ng any or a��a�tions <br /> authori�ed under this Secti�n 9. <br /> q�3361792581 �233 z65 �$17 <br /> NEBRASKA-Singfe Family-Fannie MaelFreddie Mac UNIFQRM fNSTRIJMENT WlTH MERS Farm 3428 1141 <br /> VMP� VMPI3A�NE}(13�2}.44 <br /> Wal#ers Kluwer Fir�ar�ciaf Services Page 8 af 17 <br />
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