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201608017
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Last modified
7/28/2017 10:13:41 AM
Creation date
11/30/2016 9:49:09 AM
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DEEDS
Inst Number
201608017
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2� 1 ��8� 17 <br /> for the r�pairs and restora�ion �n a s�ng�e payment�r in a s�ries of progress paymen�s as the work xs <br /> comp��t�d. �f th� insuranc�or c�ndemnat��n proceeds are not suf�c�en�to repair or restore the Prop�r�y, <br /> Barrower is not r���e�ed af Borrawer's�b��gation for the c�mple��on af such r�pair ar res�oratian. <br /> Lender�r its agen�may make rea�anab��en�r�es upon and inspe�tians af th�Propert�. �f xt has rea�anable <br /> cause, Lender may inspec�the int�rior of the�mpr�v�m�nts�n the Prap�r�y. Lender shal� gi�e Barrower <br /> n�ti�e at the�ime of ar priar�o such an�nterior xnspection sp�cifying such r�as�nab�e caus�. <br /> 8. Borrower's Loan App��cat�on. Borr�wer sha�� b�zn default�f, during the Loan app���at�on pr�ce�s, <br /> Borrower or any persons ar�ntiti�s acting a��he d�re���fln of Borrower or w��h Barrower's knowl��g�or <br /> consent�ave materially fa�se, misleading, �r inaccura�� �nfarma��on or s�atem�n�s to L�nder��r failed�o <br /> pr���de Lender with ma��r�a� �nformatznn} in can�ection v��th th�L�an. Materza� repres�ntations in��ude, but <br /> are n����m�ted�o, representa�xons concerning Borrawer's o�cupancy�f t�e Pr�per�y as Borrower's prznc�pa� <br /> r�sid�nce. <br /> 9. Pr�te�tian of Lender's Interest in tne Property and R�ghts Under this Security �nstrument. �f�a} <br /> B�rr�wer fails to perfnrm th�co�enants and agre�ments cantained in this Se�urity �nstrument, �b} th�r�is a <br /> legal pro�eed�ng that migh�signif�cantly affect Lender's �n�eres� �n�he Praperty andlor r�ghts under this <br /> 5ecuri�y �nstrument�suCh as a pr��eed�ng i�ba�kruptcy, prabate, f�r condemnat��n or forfeiture, f�r <br /> enforcemen�of a lien vvhxch rnay at�ain priarity o�er th�s Security�nstrument or to enforce la�vs or <br /> regulat�ans}, or�c} Borr�wer has aband�ned th�Pr�pert�, then Lender may da and pay for�vha�e�er�s <br /> reasanabie or appropriate�o pro�ect Lender's xnt�r�st in the Prop�r�y an�rights under this�ecurity <br /> �nstrument, �nciuding grotecting andlor asse�sing�he valu�of the Pr�perty, and se�ur�ng andlor repairing <br /> the Pr�perty. Lender's acti�ns can inc�ude, but are na�Iimited to: �a� pay�ng any sums s�cured b� a lien <br /> wh�ch has priorit�o�er�his Secur�ty Instrument; �b� appearing in cour�; and �c}paying reasona��e att�rneys' <br /> fees t�protect its interest �n the Proper�y andlor righ�s under this Security Instrumen�, including its secured <br /> pnsitian�n a bankruptcy proceed�ng. Securzng the Property inciudes, but is not limited t�, entering the <br /> Praperty to make repairs, change�ocks, r�place or hoard up doors and windows, drain water from pipes, <br /> e�im�nate building or ather�ode�io�a�ions�r dan�eraus cond���ons, and ha�e ut��ities �urn�d�n or off, <br /> A�though Lender may take a�tion under this 5ectian 9, Lender do�s nat ha�e to d� so and �s n�t u�der any <br /> duty or obl�ga��on�o dn �a. ���s agreed�ha�L�nder�ncurs no �iabii�ty for not taking any ar alI ac�xons <br /> authorized under this Sectian 9. <br /> Any amoun�s disbursed by Lender under�his Sectian 9 sha��becarxze additional de�b�of Borr�vver secured by <br /> this Secur��y �nstrument. These amounts sha�l bear interest at�he No�e ra�e from the da�e of disburs�men� <br /> and shall be payable, with such znteres�, up�n n��ic�from Lender�o Borr�wer requesting paymen�. <br /> If th�s Security �nstrum.�nt is�n a�easehold, B�rrower shall c�mp�y�vith all��ae prov�s�ons of th���ase. If <br /> Borrower a�quires fe�t���e�o the Propert�, the leaseho�d and the f�e�zt��sha�� no�merg�uni�ss Lend�r <br /> agrees�o�he merger in wr���ng. <br /> ��. M o rtga g e I n s u ra n ce. If Lend�r r�qu�r�d Mor�gage�nsuranc�as a conditi�n�f mak ing �he Loan, Borrower <br /> shall pay�he p�remiums required to main�ain the Mor�gage�nsurance�n eff�c�. If, far any reasnn, th� <br /> N��r�gage Insurance cov�rage required by Lender ceas��t�be ava��ab��from th�mor�gag� �nsurer that <br /> pr�v�ously prov�ded such insurance and Borrower was r��u�red ta make s�para�e�y des��nated payments <br /> taward�h�pr�miums far Mor�gage Insurance, Borrower sha��pay the prem�i.ums requxred to ob�ain coverage <br /> substan��a��y equi�alen��o�he Mor�gag�Insurance previausly in effect, at a cost sub�tan�ia�ly equiva�en�to <br /> �he c�st to Borrovver of the Mortgage Insuranc�previausly in effect, from an a��erna�e mortgage insurer <br /> s���c�ed by Lender. �f substantiatly equi�alent Mnr�gage�nsura.nce coverage is not a�ailab�e, Borrower sha�l <br /> NEBRASKA-Single FamiEy-�ar�nie MaelFreddie Mac L]N1F�RM#N5TRLIM�NT �orm 3�2� 11�1 <br /> VMP� VMPfitN�f�f 302f <br /> Wolters K�uwer Financiai Ser�ices Page 8 aF i 7 <br />
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