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201608727
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Last modified
7/28/2017 1:17:35 PM
Creation date
12/27/2016 12:54:17 PM
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DEEDS
Inst Number
201608727
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2� 1 ��8727 <br /> for th�repa�rs and restora��on in a single pa�ment or in a series of progress payments as �h�work i� <br /> caxnpleted. �f�he��surance or condemna�i�n proceed� ar�no�suff����nt tfl repa�r or restare the Prop�rty, <br /> Borrower is no�re�i�ved of Borr�tiver's obliga�ion for the camp��tzQn af such repa�r or r�st�rat�on. <br /> Lender or x�s agent may n�ak�reas�nab��entr��s upon and �nspect�ons of�h�Prop�rty. �f i�has reasonah�e <br /> cause, Lender may inspect the�nter�or�f the �mprav�m.en�s on the Proper�y. Lender shall give�orro�u�r <br /> n��ice at th.e�ime af or pr�or t�such an�n�erior inspect��n specifying such reas�nab�e cause. <br /> �. Borrow�r's Laan Appl�cat�an. Barr�wer sha�l be in default if, during the L�an app�icat�on process, <br /> Borr�wer ar any persons ar en��t�es act�ng a�the direction of Barrov�er or with Borravver's knawledge or <br /> consen�ga�e m�ater�al�� fa�se, xn�s��ad�ng, ar znaccurat�informa�ion ar s�atements�o Lender�or fa�ied�o <br /> pr�v�de I��nder w�th materia� informa��an} �n conne��ion with the Loan. 1V�aterial r�presentati�ns include, �ut <br /> are not l�mi�ed ta, repr�sentat�ons��n��rning Borrower's acCupancy�f�h�Proper�y as Borr��er's principal <br /> res�dence. <br /> 9. Prvtecti�n vf ��nc�er's �ntere�t in the Praperty and F�ignts Under this Secur�ty �nstrument. �f�a} <br /> Borr�wer fa��s to perform the covenan�s and agreem�nts con�ained in thi� Secur�t��n�trument, �b} there is a <br /> �egal proceed�ng that mugh�s�gn�t�cant�y affect Lender's interes��n the Proper�y andlor r�gh�s under this <br /> SeGurity�nstrum�n��such as a praceed�ng �n bankruptcy, probate, far candernna�i�n or f�rfeiture, f�r <br /> �nfarceme�t of a��en vvhich may atta�n pr�or��y o�er this Security �ns�rumen�or ta enf�rce laws ar <br /> r�gu�a�ions}, ar�c}Borr��rer has a�a�n�aned the Property, then Lender may do and pa� far whatever is <br /> re��Qnab�e�r ap�raprxate�o protect�.ender's int�rest�n the Proper�� and rights under this Securi�� <br /> �z�s�ru�mex��, inc�uding�rot�ting andlor assessing ��e va�ue of the Proper�y, and secur�ng andlor repa�r�ng <br /> �e�roper�y. �ender's a�t�ons can in��ud�, bu�are not��m��ed to: �a}pay�ng any sums secured by a�ien <br /> �hich has�riorit}aver�.�s Secu�t��nstrum�n�; �b} appearing in�our�; an� �c}payzng reasonabl�a��orneys' <br /> fees�a prote�t��s��teres�in the Prop�rty andlor rights under thi�Securit�Ins�ru�m.en�, �nc�ud�ng it�se�ured <br /> pns���Qn in�bankrugtG�praceeding. Securing�he Proper�y includ�s, but is n�t�ixn�t�d to, ent�ring the <br /> �'roper�y��make repa�irs, c�ar�ge�a�ks, rep�ace ar b�ard up doors and w�ndow�, �ra�r�wat�r from p�pes, <br /> e�irrllna�e bu�ldir�g�r ather�o�e�i��atiQns�r danger�us��n�iti�ns, and ha��ut��z�i�s turn�e�d on�r�aff. <br /> A��haugh�end�er ma�r take ac�xon under�h�s Section 9, Lender does nat have t�do s� and�s not und�r any <br /> du�y or obligatznn ta do so. �t�s agreed that Lender incurs no liabili�y far nat taking any or a�l actions <br /> au�hor�zed under th�s �ectian 9. <br /> An�y aacnounts disbursed by L�nder und��this �ect�on 9 sha�l bec�me add��ional debt of B�rrower secur�d by <br /> t�is S��urz�y�n�trumen�. Thes�amounts shal�b�ar in�e�rest at the No�e rate from�he date�f disbursement <br /> and sha��be payabie, wi�h su�h�n��r�st, upo�notice from Lender to Borraw�r reques�ing paym.�nt. <br /> If�his Security �nstrumen�is an a leasehold, B�rrower shall co�np�y with a1� th�pro��sions of����ease. If <br /> Barrower acquires fee title�o the Proper�y, �he�easeho�d ar�d the fe��it�e sha1� not merg�unless L�nd�r <br /> agree�to th�m��ger�n�vri�ing. <br /> ��. Mortgag� �nsurance. �f Lender required Mor�gage�nsurance as a condzt�on�f making �h�L�an, Bflrro�ver <br /> shal�pa�the premiums requ�red t�ma�nta�n the Martgage�nsurance in effect. �f, for any r�a�on, the <br /> M�rtgage�nsuran�e co��ra�e requzr�d by Lend�r ceases t�be availab��fram the martgage�nsurer�hat <br /> previous�y pr�v�ded such�nsurance and Borr�wer v�as required ta make��parate�y de��gnated payments <br /> taward the prem.�ums for Mar�gage�nsuran�e, Borrov�er shal�pa�the premiums requ�red tQ obta�n caverage <br /> substan�ia�iy equ�valen��o the Mor�gage Insurance pre�i�usly in effec�, at a co�t substant�a��y equivalent t� <br /> �he eost�a Borrower of the M�r�gage �nsurance pr�v�ously in effect, from an alternate mor�gage�nsurer <br /> se�ect�d by Lender. �f substantzal�y equ�va�ent Mortgage Insuranc�coverage is not ava��ab�e, Barrawer sha1� <br /> N�BRASKA-5ing1�Family-Fannie MaelFreddie Mac UNIFqRM iNSTRUMENT Fvrm 3QZ$3141 <br /> VMP[� VMPfi�NE)�13a2y <br /> Walters Kfuwer Finan�ial 5er�ices Page 8 vf'�7 <br />
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