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201700365
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Last modified
7/28/2017 1:36:13 PM
Creation date
1/18/2017 9:14:46 AM
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DEEDS
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201700365
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2� 17��3�5 <br /> for the repairs and r�storation in a single payment or in a series of progress payments as the work is <br /> campleted. If the uasurance ar condemnativn proceeds are no�suffici�nt to repa�r or res�are�he Praperty, <br /> Barrv�v�r�s not relieved of Borrow�r's obligation f�r the comp�etion of such repair vr restoration. <br /> Lender or its agent may make reasonabl��ntries upon and inspections of the Propert�. If it has reasonable <br /> cause, Lend�r may inspect the int�rxar af the improvem�nts an the Property. Lender sha11 give Borrower <br /> notice at the time af�r priar�o such an interiar insgection spe�ifying such r�asonable cause. <br /> 8. Bvrrower's Laan Appfication.Bvrrower shal.�he in defau�t if, during the Loan app�icatian process, <br /> Borrov�er ar an�r�persons or entit�es acti.ng a�the direction af Borr�wer or w�th Barrov�er's knowledge or <br /> cons�nt ga�e ma�erially false, mis�eadxng, or inaccurate information vr statements to Lender�or faxxed to <br /> provide Lender with material ir�forma�ion}in�onnection vvith the.Lo�an. Materia�representations include, but <br /> are not l�mi.ted to, representatians concerning Borr�wer's occupan�y of the Propert�as Barrower's principal <br /> residence. � � <br /> 9. Pratectivn vf Lender's-�nterest in the Property and Rights Under this Security �nstrument. If�a} <br /> Borrayver fails to perform the covenants and agr�em�nts contained in this 5ecuri�y Instrument, �b}th�re is a <br /> legal praceed�ng�hat might significantly affect Lender's interest in the Property andlnr rights under this <br /> Security Instrument�such as a prQceedir�g in�ankruptcy,probat�, far condemnation or farf�iture, fvr <br /> enf�rcement�f a Iien�vh�ch.may attain priority over thxs Security�nstrum�n�ar_ta enfvrce�aws or <br /> regulations}, or�c}Barrov�er has abandoned�the Prvp�rty, then Lender may do and pay for whatever is <br /> reasonable or appropriate�o prot�c�Lender's in��rest in the�operty and righ�s under thxs Security <br /> Instrument, in�luding protecti.ng andlor assessing th�value of the Prop�rty, and securing andlor repairing <br /> the Praper�y. Lender's actions can xnclude, but are no�I�mited�a: �a}paying any sums secured b�a�ien <br /> which has privrity v�er this Security Instrument; �b) app�aring in courk; and�c�paying reasonable at�orneys' <br /> fee�to prvtect its interes�i�n the Property andlor rights under thi�Security Instrument, including �ts secured . <br /> posi�ian in a bankruptcy praceeding. Securing the Praperty inc�udes, but is not l�rn�ted ta, entering the- <br /> Prvper�y to make repairs, chazage�ocks, replace ar�oard up doors an�i w�ndo�vs, drain water from pipes, <br /> e�xminate bu�xdxng ar ather cvde vialations or dangerous co�dztions, and have utilities�urned an or off. <br /> Although Lender may take activn under this Section 9, Lender daes not have to do so and is nat under any <br /> duty or obligation to d�so. It is agreed that Lender�ncurs no�Iiability for not tal�ing any or al� actions � <br /> authvrized under�his 5ection 9. <br /> Any arnounts d�sbursed by Lender under this Section 9 shall become add�tiana�debt of Borrnv�er secured by <br /> this Secur�ty Instrument. These amounts shal�bear interest at,the Nate rate from the date vf d�sbursement <br /> and sha11 be paya��e, v��th such int�rest, upon notice from Lender tn Barro�ver requesting payment. <br /> Yf this Se�urity Instrument is on a Zeasehald, Borrower sha1�comp�y with a.�l the pra�iszons af the lease. �f <br /> Borrower acquires fee�it�e ta the Property, the�easehald and the fee t�tle shall nat merge unless Lender <br /> agrees to the merger in wr�ting. � <br /> 'I�. Nivrtgage �nsurance. xf Lender required M�rtgage Insurance as a conditivn of making the Laan, Borrower <br /> shal�pa�the pr�miums required to maintain the Martgage Insurance in effect. If, for any reasan, the <br /> Mar�gage Insurance coverage required by Lender ceases to be ava��ab�e frvm the mortgage�nsurer that <br /> previvus�y provided such insurance and Borrower was r�quired to make separately designated pa�ments <br /> toward the premiums for Mortgag�Insuranc�, Barrower sha11 pay the premiums requ�red ta abtain�averag� <br /> substantially equivalent to the Martgage Insurance previ�us�y�n�ffect, a�a c�st substant�al�y equ�valent t� <br /> the cvst ta Borrower af the Mortgage Insurance previausly ixa effe�t, from an alt�rnate mortgage insurer <br /> selected by Lender, If substa�a��ally equivalent Mortgage�nsurance coverage�s not available, Borrower shall <br /> NEBRASKA-5ingle Family-Fannie Mael�reddie Mac UNIF�RM[NSTRUMENT Fvrm 3�28 1101 <br /> VMP[� VMPfi(NEy�13U2) <br /> Vllolters!Cl�twer Financial 5er�ices Page 8 vf 17 <br />
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