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201702250
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Last modified
7/28/2017 2:53:10 PM
Creation date
4/11/2017 9:03:52 AM
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DEEDS
Inst Number
201702250
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2� 17�225� <br /> s, C�ccu�ancy.Bonower sha11 occupy, esta.blish, and use the�ro�er�y as Borro�er's principal residence <br /> within f U days a�er the execution of this Security Instrument and sha11 contiaue to occupy the Property as <br /> Bonovver`s principat residence for at least on�year a�er the date of accupancy,unless Lender atherwise <br /> agrees in writing,which�onsent shall not be unreasonably withheld,or unless extenuating cucumstances <br /> exist which are beyond Barrower's cantrol. <br /> ?. Prese�vation,Maintenance and Protect�on of the Property;Inspections.Borrower shai�not destroy, <br /> damage or impair the Property,a11ow the Property to deteriorate or commit waste on the Property. Whether <br /> or not Borrovver is residing in the Property,Borrower shall maint�in the Property in order to prevent the <br /> Property from deteriorating or decreasing in�alue due to its condition.Unless it is determ�ned pursuant to <br /> Section 5 that repair or restoration is not economically feasible,Borrower sha11 promptly repair t�e Property <br /> if damaged to a�oid further deterioration or damage. If insurance or condemnation proceeds are pa�d in <br /> connection with damage to,or the taking of,the�roperty,Borro�ver sha11 be responsible for repa�ring or <br /> restoring the Property only if Lender has released proceeds for such purpases. Lender may disburse proceeds <br /> for the repairs and restoration in a single payment or in a series of progress�ayments as the work is <br /> completed. If the insurance or condemnatian proceeds are not sufficient to repair or restore the Property, <br /> Borrower is not relieved of Borrower's ob�igation for�he completion of such repair or restoration. <br /> Lender or its agen�may make reaso�aable entries upon and inspections of the Prapert�y. If it has reasonable <br /> cause,Lender may inspect the interior of the improvements on the Property.Lender sha11 gi�e Borrowec <br /> notice at the time of or pr�ar to such an interior inspection specifying such reasonab�e cause. <br /> 8. Barrower's Loan Application.Borrower sha�l be in defau�t if, during the Loan application process, <br /> Borrower or any persons or entities acting at the duection of Barrovver or�rith Barrower's knowle�ge or <br /> consent ga�e materia.11y false,mis�eading,or inaccurate information or s�atements to Lender(or fai�ed to <br /> pro�ide Lender with material informat�on}in connection with the Loan. Material represen#ations include,but <br /> are not limited to,representatin�xs concerning Borrower's occupancy of the Property as Borrowerts principal <br /> residence. <br /> 9. Protectionof Lender's Interest in the Propertyand Rights Under this Security�nstrument.If(a} <br /> Borrower fails ta p�tform the cavenants a�d agreements cantained in this Security Insttument,(b}there is a <br /> legal proceeding that might significantly affect Lender's interest in the Property andlor rights under this <br /> Secur�ty Instrument�such as a proceed�ng in bankruptcy,probate,for condemnati�n or forfeiture,for <br /> enforcement of a lien which may attain priority o�er th�s Security Ins�rument or to enfarce laws or <br /> regulations},or[c}Bonotiver has abandoned the Property,then Lender may da and pay for whate�er i s <br /> reasonaUle or appropriate to protect Lender's interest�n the Property and rights under this Se�urity <br /> lnstrument, including protecting andlor assessing the value of the Property,and securing andlor repa'vring <br /> the Property. Lender's actions can include,but are not limited to: (a}paying any sums secured by a lien <br /> which has priority over this Security Iustrument;(b�appearing in court;and�c}paying reasonable attorneys' <br /> fees to protect i�s interes#in the Property andlor rights under this Security Instrument, including its secured <br /> position in a bankruptcy pcoceeding. Securin.g the Property includes,but is not limited to,entering the <br /> Property to make repairs,change locks,replace or board up doors and windo�vs,drain water from pipes, <br /> eliminate building or other code�iolations or dangerous conditions,and have utilities turned on or off. <br /> Although Lender may take action under this�ection 9,Lender does not ha�e ta do so and is not under any <br /> duty or obligation to do sa. It is agreed that Lender incurs no liability for not taking any or a11 actions <br /> authorized under this Secti�n 9. <br /> q�33739z6312 ��33 683 0817 <br /> NEBRAS#�L�l-Single Family-Fannie MaelFreddie Mac UNIFQRM INSTRUMENT WITH MERS Farm 34281/41 <br /> VMP� VMP6A�NE](13�2}.OQ <br /> Wolters Itluwer Financial Services Page 8 of 1 T <br />
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