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201701665
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Last modified
7/28/2017 2:30:41 PM
Creation date
3/17/2017 11:38:27 AM
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DEEDS
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201701665
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2� 17� 1 ��5 <br /> vvniting, vvhich consen� sha�� no� be unreasonab�y tiv�thheid, or un�ess e��enuatzn� circums�anc�s exist which are <br /> b�yond Borro�ver's con�tro�. <br /> 7. Pr�servat�ox�, Il��.�.�.�enanc� �nd. �rotect�o�a of the I'raperty; I�spe�ti��5. Borrower shall not <br /> destroy;damage or impair the Property,a��ow�he Froperty�o deteriorate or commit waste on the Property. �Vhether <br /> or n�t Borrotiver is resz�zn� in the Propexfiy, Borrower shal� mazn�ain the Property in order to prevent the Property <br /> from det�rioratxna or decreasing �n value due to �ts condi�ion. Unless xt �s determ�ned pursuant to Sec�ion � that <br /> repair or restora�ion is no� economzcaliy feas�ble,�3orrower sha��promptiy r�pazr th�Property if damabed to avo�d <br /> further deteriora��on or damage. If�nsurance or cand�mnatzon proceeds are paid�n �onnec�ion w��h damage�o, or <br /> the�akznb of, the Property, Barrower sha�l be r�sponsib�e for repairing or res�orinb�he Property only zf Lender has <br /> re�eased pr�ceeds for such purpases. Lender may disburse proceeds for �he repa.lrs and res�ora��on xn a single <br /> payment or�n a series of probress paym�nts as�he work is comple�ed. If the insurance or condemnation proceeds <br /> are not suff�c�en� t� repair ar restore �he Proper�y, B.orrotiver �s no� relz��ed of Borrotiver's obZzga��an for the <br /> c�mp�etion af such repair ar restorat�on. <br /> Lender or its abent may make reasonabie en�ries upon and inspectzons of�he Property. �f��has r�asonab�e <br /> cause,Lend�r may znspect the �nterior af the rmprovements on the Praper�y. JLender shal� g�ve Borrow�r no�rce at <br /> the t�me of ar prior�o such an in�erior znspectzon spec�fyzng such r�asonable cause. <br /> S. ]Bo�r�vver's lLaa�.A��licat��n. B�rr�wer shall be�n defau�t if, durina the Loan applxca�inn process, <br /> Borrower or any persons or en����es actinb at the direction of Borr�wer or w�th Borrower's �cn.awledb� or cansent <br /> gave ma�ena�iy false, mzs�eading, or inaccura�e informat�an or sta�em�nts to Lend�r �or faz�ed �o prov�de Lender <br /> wi�h ma��r�a� �nformation} �n connection w��h �he Loan. Ma�enal represen�a�i�ns in��ude, bu� are not limited to, <br /> representatx�ns c�ncerninb Borrower's a�cupancy af�he Property as Borro�ver's princ�pal res�dence. <br /> 9. �'rate�#�on v�L�nder'S Inter�st in th� Prapex-ty �.�d l�%��ts LT�ac�er t�ais S�cwur�ty Instr�e�t. If <br /> �a}I3�rrou�er fai�s to perform�he covenants and agreemen�s can�ained in this Security Ins�rument,�b�there zs a Iebax <br /> praceedzng tha� m�aht sign�fcantly affec� L�nder's xnterest in �he Property andlor rights under this Security <br /> Instrumen� �such as a proceed�n� �n bankrup�cy, probate, for candemna��on ar forfeiture, far enf�rcement of a�ien <br /> whzch may a�azn pri�rity over �this Securi�y Instrumen� or to enfarce Iaws or regu�a�ions�, or �c}�orrower has <br /> abandoned the Property,then Lender may do and pay for wha�e�er�s reasonab�e or appropriate�o protect Lend�r's <br /> �nterest in the Praper�y and righ�s under thzs Securzty Ins�rument, inc�ud�ng pratec�in�andlor assess�ng�he�ra�ue of <br /> �he Property, and securing andlor repairing �he Propert�. Lender's ac��ons can include, but are not l�mi�ed to: <br /> �a}pay�nb an�r sums secured by a Xien v�rhich has priority over th�s Security Instrument; �b}appearing�n cour�; and <br /> �c�pay�ng reasonable attorneys' f�es to protec� �ts �n�erest �n �he Proper�y andlor ribh�s und�r thrs Security <br /> Znstrum�n�, xncluding its secured posxtion in a bankruptcy proceedzng. SeCunng th�Proper�y zncludes, but is not <br /> I�m�ted�o,ente�rxng�he Prapez�ty to make repairs,change locks,rep�ace or board up doors and windows, drain ulater <br /> from p�pes, eliminate bu��d�ng or oth�r code viola��ons or dangerous condit�ons, and have u�iiities turned on or off. <br /> A�thoubh Lender may take ac��on under th�s Section 9,Lender does no�have�o do so and is no�under any duty or <br /> ab�zgat�on to do so. It is abreed�ha�Lender�ncurs no l�abil�ty for not takzng any or aIi actions authorized under�his <br /> Sec��on 9. <br /> Any amoun�s disbursed by Lender under�hzs Section 9 sha�l be�ome add��t�onal debt of Borro�ver secured <br /> by�h�s Se�urity Ins�rumen�. These amoun�s sha�I bear�n��rest at the Note rate from the da�e of d�sbursement and <br /> shall be payable,tivi�h such in�erest,upo�no�ice from Lender�o�arrourer reques��ng paymen�. <br /> If�his Securzty Ins�rument is on a�easehoid,�3orrflwer sha��comply�vzth aIi the provisions of the�ease. If <br /> Borrower acquires fee tY�Ie to�he Proper�y,�he�easehold and the fee ti.t�e shal�not merge unless Lender agrees to the <br /> merger xn wri��ng. <br /> 1D. 1Mor�$babe I�as�ar�n��. If Lender required Mortga�e Znsurance as a condition �f mal�inb �he Loan, <br /> Borrovver shal� pay the prem�ums required to main�ain �he Mort�age Insuran�e zn efFe�t. If, for any reason, the <br /> N.�ortgage Insurance caverabe requ�red by Lender ceases ta be a�axiabie from th� mortgage�nsurer�hat pre�iously <br /> prov�ded such xnsurance and Borrourer was requ�red to make separa�ely deszgn.ated paymen�s toward the premiums <br /> for M�rtgage Insurance,Borro�ver sha�l pay the premzums requxred to ob�azn cavera�e substant�al�y equ�va�ent�o the <br /> Nebraska Deed of Trus�Si�.�e Family—Fannie MaelFred.die Mac I7n�fvrm�ras�rument Fvrm 3�28 xl�I <br /> N.�E�S 1Vk�dif ed <br /> The Cvmpliance Sourc�,�n�. Page 7 of l.4 IVdodifed by Compliance 5vur�e 1�3�1NJE U81U0 Rev Il.l�� <br /> a2D�4-2D�5,The Cnmpliance Sou�rce,�nc. <br /> � s � 3 - � o � ❑ � � � � <br />
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