201700599 - Laserfiche WebLink

Browse

2� 17��599 f. ��cupan�y.Borrower sha�i oc�upy, establish, and use the Property as Borrower's principal residence within 64 days af�er the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year af�er the da�e of occupanc�,unless Lender otherwise agrees in writ�ng,which consent sha11 not be unreasonably withheid,or ualess exteauatiag circumstances exist which are beyond Borrower's con�rol. T. Preservation,Maintenanceand Protectionof the Praperty;Inspections.Bonower shall not des�roy, damage or impair the Property,allow the Fruperty to deteriarate or commit waste on the Property.Whether or not Borrower is residing in the Property,Borrower shatl maintain the Property in order to prevent the Property from deteriarating ar decreasing in�alue due to its condition.Ut�less it is determined pursuaat to Section 5 that repair or restoratio❑is not economically feasible,Borro�ver shail promptiy repair the Property if damaged to a�oid further deterioration or damage.If insurance or coademnation pro�eeds are paid ia connection wYth damage to,or the taking of,the Property,Borrower shal�be responsible for repairing or res�oring the Property only if Lender has re�eased proceeds for such purpases.Lender may disburse proceeds far th�repairs and restora.tian in a single payment or in a series of progress payments as the work is �ompleted. If the insurance or condemnation pr�ceeds are not sufficient to repair or restore the Property, Borrower is not retie�ed of Borrower's obligation for the completion of such repair ar restoration. Lender or its agent may make reasonable en�ries upoa and i�spections of the property. If it has reasanable cause,Lender may inspect tbe interior of the improwements an the Property.Lender shall giWe Borrower notice at the time of or prior to such an interior inspectian specifying such reasonable cause. $. Borrower's L�an Application.Borrower shall be in defaut�if, during the Loan application process, Borrower or any persans or entities acting at the direction of Barrower or with Bonower's kna�vledge ar consent ga�e materially false,misleading,or inaccurate information or statements to Lender(or failed to pra�ide Lender with material information}in connection vvith the Loan.Material representations include,but are not limited to,representations c�ncerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protectionof Lender'slnterest in the Propertyand RightsUnderthjs Securitylnstrument.If(a} F3orrov�er fails to perform the co�enants and agreements contained in this Security Instrument,(b�there is a legal proceeding that might signiFicantly affect Lender's interest in the Property andlor rights under this Security Instrumeat(su�h as a proceeding in bankruptcy,probate,for condemnation or forfeiture,for enforcement of a liea which may att�a.in priority o�er this Securi�ty Instrument or to enforce laws or regutations},or(c)Borrower has abandoned the Prope�ty,then Lender may do and pay for whate�er is reasonable or appropriate ta pro�ect Lender's interest in the Property and righ�s under th�s Security Instrument,including protecting andlor assessing the�a1ue of the Property,and securing andlor repairing the Property.Lender's actions can include,but are not limited to: (a}paying any sums secured by a lien v�hich has priority o�er this Securiry Instrument;[b}appearing in court;and�c}payiag reasonable attorneys' fees to protect its interest in the Property andlor rights under this Security Ins�rument, �ncluding its secured position in a bankruptcy proceediag. Securing the Property includes,but�s not Iim�ted to,entering the Property to rnake repairs,change locks,rep lace or board up doors and windows,drain water from pipes, eliminate building or other code violations or daagerous con�itions,and have utilities turned on or aff. Although Lender may take action under this Section 9,Lender does no�have to do so and is not under a�y duty or abligation to do so.It is agreed that Lender incurs no liability for not taking aay or a1l actians author�zed under this 5ectian 9. q43367 9591 233 343 US17 NEBRASKA-Singie FamilyFannie MaelFreddfe Mac UNIFORM INSTRLJMENT W�TH MERS Form 3428 910� VMP� VMP6A(NE}[1342].44 Wolters Kluwer Financia�Serv�Ces Page 8 of 17