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201608745
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Last modified
7/28/2017 1:18:06 PM
Creation date
12/28/2016 9:47:50 AM
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DEEDS
Inst Number
201608745
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2� 1 ��8745 <br /> 7. �reser�rati�n, I�adnt�n���e and Protec���n �f the Prop�rty; inspections. Borrower <br /> �ha�� n�t destroy, dama���r i��pair the Prop�r��, allo��the Pro�ert}�to deteriorate or commit waste <br /> an the Prop�rty. �hether�r n�t Borr��ver is residin� i�rhe Praperty. �orrawer�hali maintain the <br /> Pr�perty in arder tn pr���n�the Property� fr�� d��cr��rating�r decreasin� �r� �aiue due ta its cond�tian. <br /> �Jnless it is�d�t�rmin�d pursuar�t to Section � �1�at repa�r or res��r�.tion is not e�onam�cally feasih�e, <br /> Barr�wer shall prc�mp�ly repair the Proper�y if�amag�d ta a�oid fur�her de�erioratifln or damage. <br /> If insuran�e or�ondemnation �r��eeds ar� paid in �ot�nection�vith damage to, or the taking af,the <br /> Property, Borrower s�al� �e re�ponsib�e for r�pairing ar re5toring t��e Prop�rty on�y if Lender has <br /> releas�d pro�eeds far su�h purposes. Lender rna�f disbur�� pr�c�e�d� for�he repairs and restoration <br /> �n a singie paymen�or ir� a series of pr��re�� paym�n�s as tl��wc�rk �s�omp�eted. �f the insurance�r <br /> candemnation proceeds ar�x�Qt suffici�r�t to repair�r:��store�he Pr�perry, Borr�vver is no�relie��d of <br /> B�rra�ver's o�1 igatifln for�he comp 1 e�ic�n ��f su�h repair��r res�orati on. <br /> Lend�r or its a���t ma�� mak�reasor�a�te z3��ries u��n and �nspec�ian s of the Prop�rty. 1 f it has <br /> reasonable caz�se, Lend�r may in5pe�t th� ���terior�f t�e i�prrav�r�ents on the Property. L�nder sh�ll <br /> g <br /> i�e Barravver notice at�h��ir�ae of c�r pri�r�� s�ch �.r� �nter�ar inspection specifyi�g�uch reas�na�le <br /> cause. <br /> H. Borrow�r'� Laan App��cation. �orro�ver s�a�l be i�� ��fautt �f� during the Loan application <br /> process, Borrower or any perso�s�r�nti�i�s ac�ing at;�h�direc#i�n �f Borra�v�r or�vith Barrower's <br /> kri�wledg� or consent gave rr�aterial�y fals�, �r�i�leadin�, or i��a��urate inforr��a��or�or statements to <br /> Lender��r failed to�ro�ide Le��d�r with mater�al intormation} in connec�ion �i�h the Laan. Materia� <br /> repre��ntations i��clude, bu�ar�no� �imit�:c�to, r�prese���at��r�s�anc�rnin�Borrawer's�ccupancy of the <br /> Property as Barrower's pr�ncipal residence. <br /> 9. Protec��on c�f Lender's lnt�rest ir� ��� Pr�perty and F�ight� Under this Security <br /> ��strument. If(a� Borro�v�e�•faii�ta perf���-ri����e cover�an�s�i�d ag�eements contained in this Security <br /> �nstrum��t, �b}the�e is a lega� proceeding tha�rr�i�ht�igni�cant�y af��ct Lender's in�erest in the <br /> Property andlor ri���s �n�er this Security Instrum�nt�such as a pr��eeding in bankruptcy, probate, <br /> for c�ndemna�i�n or forfeitur�, f'or enforcem�nt of a �ie�������c1�rna�� atta�n pr�ority aver this Se�urity <br /> I r�s�rumerat ar to enfor�+� �a��vs c�r r��ulatians�, �r(c} Borrawer has abandan�d the Praperty,then <br /> Lender may do and pay f�r w�at��er is r�asc�nable or�p�ropr�at�t� prote�t L�nder's ir��eres� �n the <br /> Property and r'ights under th�s S�cur�ty Instrurr�ent, inc�lu����� p�a�e��i��andlo�asses5in�the�alue <br /> of the Property, and securing ax�dlor repairi�����e Property. L�nder'� ac�ic���s can include, but are i�Qt <br /> �imited to: a} a ing a.ny sums sec«red by a. lien whi�h ��s priari�y fl���r this �e�urity Ir�strument; (b} <br /> � � Y <br /> appearing in ca�rt; and �c}payir��reas�nab�e attorne��s' fe�s to pr�tect its interest in the Property andl <br /> or ri hts under�his Securi Instrum�n�, in��udin� its secured p�sition in �bankruptcy �rneeedin�. <br /> � �' , . <br /> Securing the Property includes, bu� is n�t �i����t���to, en��r�n�the Property to rnake repairs, change <br /> 1o�ks, repla�e or board up d��rs�nd wir�dovvs, drair� wat�r�'rom p�pes, e�imina.�e building or nther <br /> code vialations ar dangerous�onditions,and��a�e util�ties turne�or��r�ff. Although Lender may ta�e <br /> actian under th�s Section 9, Lender does n�t ha�e t�d� so and is not under an��duty or abligation ta <br /> do so. lt is agreed that L�nder incurs no liability for na��aking any�r a11 actions autharized under this <br /> Section 9. <br /> H���-����� �4���ao��s��� <br /> NEBF�SKA-5ingle Family-Fanr�ie MaelFr�ddie Ma�uN�FURM lNSTRIJME�i Fvrm 3�2���fl1 <br /> VMPG 04I'4 fi <br /> W�lters Kluwe�-Financia�5ervices 2�1 fi12�915.3.�.35Q9-J2Q1 fiC i 2"!Y Pag�8 of 17 <br /> � ■� <br />
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