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201607300
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Last modified
7/28/2017 8:49:31 AM
Creation date
11/2/2016 9:42:58 AM
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DEEDS
Inst Number
201607300
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2� 1 ��73�� <br /> for the repairs and restnra��on in a sing�e paym�n�or�n a ser�es of pr�gress payments as the work�s <br /> com��eted. �f�h��n�urance ar condemnati�n proceeds are nat sufficient�� repa�r or restnr��he Praperty, <br /> Borrower�s not reiieved flf Borrower's ��ligatian for�he�ampl��ian of such repair or r�starat�on. <br /> Lender or its agen�may make reasonable entries upon and inspections of the Proper�y. �f it has reasonabie <br /> cause, L�nder may xnspec�the interior of the�mprov�men�s on the Frflperty. Lender shall give Borrflwer <br /> no��ce at the t�me of or pr��r�a such an�n�er��r�nspect�on specify�ng such reasonab�e cause. <br /> 8. Bo�r�ower's Loan Applicat�on. Borrav�er sha�I be in default if, during the Laan applicatian pr�cess, <br /> Borrower ar any persons or en�ities acting at the direc�ion of Barrower or with Borrawer's knowl�dge�r <br /> �onsent gave ma�er�ally false, mis�eading, or inaccura�e informa�ion or statements ta Lender�or failed to <br /> prav�de Lender��th material �nformation} �n connection with the Loan. Mater�a� represen�ations xnc�ud�, bu� <br /> are nfl���m��ed to, r�presen�a��ons concern�ng Borrower's occupancy of the Property as Borrow�r's principa� <br /> r�s�dence. <br /> 9. Protect�c�n vf Lender's Interest �n the Praperty and Rights Under this Security �nstrument. Zf�a} <br /> Borrnwer fa�ls �o perform�he covenants and agreernents c�n�ained in this Secur�ty �nstrument, ��}ther� �s a <br /> �ega� proceed�ng that m�ght szgnz�can��y affect Lender's �n�er�s� �n�he Property andlar r�g�a��under this <br /> Secur�ty Instrum�n��such as a proceed�ng in bankruptcy, prabate, for c�ndemna�ion�r forfe�ture, f�r <br /> enforcement of a Iien wh�ch may attain priori���ver this�ecurit� Instrum�nt or�Q enforce la�s or <br /> regu�at��ns}, ar�c} Bnrr�wer has abandoned the Property, then Lender may d�and pay for whate�rer�s <br /> reasonable nr appropr�at�ta pro�e��L�nd�r's �nterest�n the Pr�perty and rights under th�s Secur��y <br /> �n�trument, inc�uding pr��ec��ng andlQr a�sessing the va�ue of the Proper�y, and secur�ng andl�r repairing <br /> �h�Praperty. Lender's act�ons can include, but are na�l�mited�o: �a}paying any �ums secur�d by a Iien <br /> vsrhich has priority ov�r this 5ecurity Instrument; �b} appear�ng in court; and �c}paying reasonabie a�torneys' <br /> fees ta protec� its interest in the Propert� andlnr righ�s under this Se�urit� �nstrument, �ncluding its secured <br /> pasition in a bankrup�cy proceeding. Secur�ng the Proper�y includ�s, bu��s n�t lim�ted�o, enter�ng the <br /> Proper�y�o mak�repairs, chan�e locks, rep�ace Qr board up doors and�►rzndows, drain water fr�m p�pes, <br /> ���m�na�e buiiding or o�h�r code��o�a��ans ar danberaus cond�t�ons, and have uti�ities turned�n or aff. <br /> Al�haugh Lender may tak�act�on und�r�his Section 9, L�nder do�s no�have t�do so and �s no�under any <br /> �uty ar obl�ga��an tn da so. �t is agreed that Lender incurs n� liabi�i�y fflr not�aking any or a�� ac��ons <br /> authnri2ed under th�s Sect�on 9. <br /> Any amounts d�sburs�d by Lender und�r�his Sect�an 9 �hai� becflme addi��ana� debt of Borraw�r secured by <br /> this Security Instrument. These a�moun�s shall bear interest a��he Note rate fram�he date af d�sbursemen� <br /> and sha�I be payable, w�th such interest, upon n�tice fram Lender to Borrower r�ques�ing payment. <br /> �f this Secur�ty �nstrumen�is on a l�asehold, Borrawer sha�� camply with aII the pro�ris�ons of the�ease. �f <br /> Borrower acqu�res fee��tle�o�he Pr�per�y, the�eas�ho�d and�he fee t�tle sha�� nat merge un�ess Lender <br /> agrees to �he merger in wr�ting. <br /> '1 D, Mortgage Insurance. �f L�nd�r required Mortgage�nsuranc�as a cand�t��n of making the Laan, Borrower <br /> shail pay the prem�i.ums requzr�d to ma�nta�n the N�ar�gage�nsurar�ce�n effect. �f, far any reason, �he <br /> M�r�gage�nsurance cov�rage requir�d by Lender ceases ta be ava�iab�e fronl the mor�gage insurer that <br /> prev�ousiy pravided�uch insurance and Barrou�er was requir�d to make�eparate�y designated paym�nts <br /> toward the premiums for Martgage Insurance, Borr�wer shal�pay the premiums r�qu�red ta obta�n ca�erage <br /> substan�iall�equivalent�o the Mor�gage�nsuranc�prevzous�y in eff�ct, at a cost substan��al�y equz�al�n�t� <br /> the cnst to Barrower of�he Mor��age�nsuranc�pre��ous�y �n effe�t, frflm an a��erna�e martgage insurer <br /> se�ected by Lender. �f su�stant�a��y equ�va��nt Mor�gage�nsurance coWerage is nat a�ailable, Borro�er shall <br /> N�BRASKA-Single Family-Far�r�ie Mael�recfdie Mac UNEF�RM INSTRUMENT Farm 3028 1101 <br /> VMP� VMPGtNEy[130�� <br /> Woliers KIuwer�inancial Ser�ices Page$af 17 <br />
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