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201607305
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Last modified
7/28/2017 8:51:48 AM
Creation date
11/2/2016 12:18:59 PM
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DEEDS
Inst Number
201607305
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2� 1 ��73�5 <br /> C. C3ccu p��cy.Borrower shall occupy, establish, aad use�h�Proper�as Borrower's principa�residen�e <br /> �i��in�4 da�s a#�����he exe�utxon of��is�ecurity In�trument and sha11 cont�nue to occupy the Pr�perty as <br /> Borro�ver's principal r�sidence for at Ieast one year after tb�date af occupa�cy�un�ess Lend�r other�vise <br /> agrees in wri�ing,which cons�nt sha11 not be unreasonab�y withheld,or unless extenuatin�c�cumstances <br /> exist which are be�an�Borrower's control. <br /> 7. Preserv�t�€�n��llaintenanceand Prote�t�on�f the Pro�erty;Inspections.Borrower sha��not destroy, <br /> dama�e or impair th�Proper�y,allow�h�Pr�perty to deterivrat�ar cvmmit waste on the Pr�perty.Whether <br /> or not Borrower is residing in the Property,Borrawer sha11�nainta.in the Property in order to prevent�he <br /> Property frvm deteriorati.n�or decreasing in va�ue due t�its condition. Unless it is determined pursuant ta <br /> Section 5 that repau or restoratio�is�vt e�onomical�y feas�'ble,Borrower shall promptl�repair the Property <br /> if damaged to a�oid further deterioration or damage. �f insurance or cvndemnation proceeds are paid in <br /> eonnection with damage to,or the taking of,the Property,Borrow�r sha11 be respon�ible for repairing or <br /> rest�r��g the Pro�erty on�y if L�nder�as rele�.sed proceeds f�r such purpose�.Lender may di�burse pr�ceeds <br /> for t�e repai.rs and restoration in a single payment�r�n a series of pr�gress payments as the�vork is <br /> completed. If the insurance or condemnation prac��ds are not sufficient to repair or restore the Property, <br /> B�rrow�r is not re�ieved pf I�orro�er`s obligation for the cornpletion of such repair or restoratian. <br /> Lender or it�agent may make reasonable en#.ries upon and inspections of th�Property, If it has reasanable <br /> cause,Lender ma}�inspect the�r��erior of the impra�ements on the Prop�rty.�.e�der sha�l give Borr�wer <br /> notice at the tim�of or prior ta su�h an.interior in.s��ction specify�ng such reason.able cause. <br /> 8, Borrower's LoanAppli�ati�n.Borrower sha11 be in default if, during�he Laan app��cation process, <br /> Borrower or an}�persons or en�ities acting at the d�rect�on of Borra�ver or with Borrawer's kn���edge ar <br /> �onsent�ave materially false,misleading,or inaccurate information or statements to Len.der�or failed to <br /> pra�r�de Lender with rnaterial information}in connectian with�he I1oan.Mater�a�re�r�sen�ations�c�ude,but <br /> are not 1im�ted ta,repre�enta��ans conceming Sorrower`s occupancy of the Property as�orrower's principa� <br /> res�dence. <br /> 9. Prvtect��naf Lender's lnterest in the Propertyan�!Rights Llrtder this Se�urity Instrument.If(a) <br /> Borr�wer fails to perform the covenants and agreements contained in this Security Instrument, (b}there is a <br /> �e�al proc��ding that mig�t significantly affect L�nder's interest�n the Pr�per�y andlor rights under th�s <br /> Security Instrument(such as a proceeding�n bankruptcy,probate, f�r condemnation ar forfeiture, for <br /> enforcement of a Iien which may attain priority over this Security Instrument or to enforce�aws or <br /> regulations},or�c}Borrower has abandoned the Praperty,the�Lend�r may do and pay for whateve�r rs <br /> reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br /> Instrument, including protecting andlor as��ssing the value of the Proper�y,and securing andlor repairing <br /> the Proper�y. L�nd�r's act�o�s can include,but are not�i�ited to: �a}paying an�sttms secure�t b�a�ien <br /> whi�h has priority o�er this Security Ins�rument; �b�appearing in court;and�c)paying reasanable attorneys' <br /> �'ees ta protect i�s interest in the Prop�rty andlor rig��s under�h�s SeGurity Instrument,including its secured <br /> pos�tion in a ba�k�u�tcy pro�eeding. Securing the Property includes,but is not 1imi��d to, �ntering th� <br /> Property to ma,��repairs,change locks,replace or baard up doors and�vi.ndows,drain�vater from pipes, <br /> eliminate buildxn.g or other code violations or dan�erous co�.dit�vns,and have uti��ties turned on or aff. <br /> Although Lend�r may ta1�e action under�h�s Section 9,Lender does not have ta do so and is not und�r any <br /> duty or obl�gation ta do so.It is agreed that Lender�ncurs no��ability for na�takin.g any or a��act�ans <br /> authori�ed under this S�ctian 9. <br /> q4335353��4� Oz33 �95 4817 <br /> NEBRASKA-Singl�Family-Fannie MaelFr�die Mac tJNIF4RM 1N5TRLJMENT VlIITW MERS Form�U2�11D1 <br /> VMP� VMPfiA�NE}('l3U2�.44 <br /> Wolte�s Kiuwer Fi�ancial Services Page 8 of 17 <br />
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