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201608188
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Last modified
7/28/2017 10:19:31 AM
Creation date
12/6/2016 11:32:17 AM
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DEEDS
Inst Number
201608188
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2� 1 ��8188 <br /> for the repairs and restorat�an in a singl�paymen�or�n a ser�es of progress payrn�ents as �he wark is <br /> cflmp��t�d. If�h�insuranc�or c�ndemnat�on proce�ds are n�t suff�c�ent to repa�r ar restore the Property, <br /> B�rr�wer�s n�� re�ieved af Barrower's o���gat��n for the camplet�an of such r�pair ar res�oration. <br /> Lender�r i�s agen�may make reasonable entr�es upon a�ad inspec�ions af the Prapert�. If it has reasona��e <br /> cause, L�nder may inspect the interior of the improvements on the Property. L�nder shall gi�e Borrower <br /> natice at the time of ar prior�o such an in�erior inspec�ian sp�cifying such reasonabie cause. <br /> 8, Bvr�awer's Lvan App�icat��n. Borrow�r�hall be�n defau�t zf, �ur�ng the L�an app��ca��on process, <br /> Barrawer�r any per�ons ar entities act�ng at the d�r����on nf B�rr�wer or wi�h Borrower'�knaw�e�.ge or <br /> c�nsent ga�e ma�erial�y false, misleading, �r inaccura�e�nfarmati�n or statement� ta Lender�ar fai�ed t� <br /> provide Lender with ma�erial infarmation} in connection with the Loan. Material represen�ations inc�ude, but <br /> ar�not l�mited t�, representations cancerning Borrower's�ccupancy of th�Pr�per��as Borrower's prin�ipai <br /> residence. <br /> 9. Pr�te�ti�n of Lend�r's Interest �n the Prvp�rty and Rights Und�r this Se�urity lnstrument. �f�a} <br /> Barr�wer faiis ta perf�rm the cavenants and agreements canta�ned in this Security Instrument, �b} there is a <br /> legal proceeding tha�might significan�Iy affect Lender's interes� in the Proper�y andlar righ�s under this <br /> Security �nstrument�such as a proce�ding in bankruptcy, praba�e, for�ondemnat�on or farfeiture, for <br /> enforcemen�of a li�n�vh�ch may at�ain priority over this Secur��y Instrument ar to en�orce�aws or <br /> regulatztins}, or�c} Borro�ver has a�andoned th�Propert�r, �hen L�nder m,ay do and pay for whatever is <br /> reas�nable ar appropriate to pra�ect Lender's interest zn the Property an�rights under this Securi�y <br /> Instrument, including pra�ec��ng andlor assessing th�value of the Praperty, and s��uring andlor repairing <br /> the Prap�rt�. Lender's ac�ions�an in��ud�, bu�ar�no�limi�ed��: �a}paying any sums s�cured by a�ien <br /> wh�ch has pr�or�ty o��r th.is Se�ur�ty �ns�rum�nt; �b} appear�ng �n c�urt; and�c}paying r�asonab�e a��orney�' <br /> fees to pr�tec� i�s interes� in the Proper�y andlor rights und�r this Secur��y �nstrument, inc�uding �ts s�cured <br /> pos�tian in a banl�ruptcy pra�eeding. Se�ur�ng the Fr�per�y includes, bu� is not l�mited to, entering the <br /> Proper�y to make repairs, change��cks, rep�ace or board up doors and windo�s, drain water from pipes, <br /> e�iminat�building or other c�de�iolatians ar dangerous c�ndi�ians, and have utilities turned on or off. <br /> Although Lender may�ake action under this Section 9, Lender daes no�ha�e to do so and is no�under an.� <br /> duty or Qb��gat�on�o do so. �t �s agreed�hat Lender incurs no l�abili�y for not takzng any ar ail actions <br /> au�hor�zed under thi� Sectian 9. <br /> Any am�unts disbursed b� Len�.er und�r this Section 9 shall be�ame additiona� d�bt of Borraw�r secured by <br /> this Security Ins�rument. The��amounts shal�bear i���erest at the No�e ra�e from th�date nf�.isbursement <br /> and shal� be payab�e, with such �nter�st, upan na�ice fram Len��r to Borra�nrer reques�ing paymen�. <br /> �f this Security Instrument is on a�easeha�d, Borrawer shall c�mply with al� the provisions of�he�ease. �f <br /> Borravver acquires f�e title��the Praperty, �he lea�ehold and the fee�itle sha�� na�merge unless L�nder <br /> agre�s��th�merger in�vriting. <br /> '[U, Mortgage fnsurance. �f Lender required Mor�gage �nsurance as a condit�on af mak�n��he L�an, Borraw�r <br /> sha�l pa�the prernium.s required �o nr�a�nta�n the Mortgage�nsurance�n effect. If, for any r�ason, the <br /> Mortgage Insuran��c�verage r�quired by Lender ceases �a b�a�a�Iabl� from the mor�gag�insurer tha� <br /> previaus�y provided �uch �nsuran��and Barr�wer was r�quired to make separat�i�des�gna�ed paym�nts <br /> taward�he pre�n�uxn� fnr N��r�gage�nsurance, Borrawer sha��pay the pre�n�u�ms requ�r�d�o n�ta�n caverag� <br /> substan�ially equi�aient�o the N��r�gag��n�urance pre�r�ous�y �n effect, at a cost substantia��y equ��aient t� <br /> the cost�o Barrawer af the Mar�gage Insurance pre�z�us�y in effect, fram an alternate mar�gage insurer <br /> selected b� Lender, �f substantially equiva�ent Martgage Insurance coverage is not a�ailable, Borrawer shall <br /> N�BRASKA-5ing1��ami#y-�anr�i�MaelFreddi�Ma�UNt��RM 1N5TRUM�NT Form 3��8�1�1 <br /> VMP(] VMPBfNEf�1302] <br /> Walters Kluw�r Finart�i�i Ser�i��s Pag�8 of i 7 <br />
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