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201702342
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Last modified
7/28/2017 2:56:16 PM
Creation date
4/14/2017 9:06:24 AM
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DEEDS
Inst Number
201702342
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2� 17�2342 <br /> fi. �ccupancy.Borrower shall occupy� establish, and u�e the Property as Borrow�r's principal residence <br /> within��days af�er the execu�ion of this Securi�y Instrum�nt and sha�l continue to accupy the Property a� <br /> Barrower's principai residence for at�east one year after the dat�of occupancy, unless Lender atherwise <br /> agrees in writing,which consent shalt not be ur�reas�nably withhe�d, or unless exteauating circumsta�ces <br /> exis�which are b eyond Bor�rower's c�ntro 1. <br /> F. Preservati�n,IVla�r�ter�ance and Prot�ction of the Praperty;inspectivr�s.Borrower shalt not des�rvy, <br /> damage or impair the Propert�,allow the Pro�aerty to deteriorate or commit waste on the Property. Whether <br /> ar nat Bono�►x�er is residing in the l�roperty,Borrower sha11 maintain the pr�per�y in order to prevent the <br /> Pr�perty from deteriorating or decreasing�n�alue due to its condition,Unless it is d�termined pursua�t ta <br /> 5ection 5 that repa�r or re�toration is not economicaliy feasib�e,Bono�er shall promptly repair the Prop�rxy <br /> if damaged to avaid further deterioratian or damage, If insurance ar cot�demnat�an proceeds are paid�n <br /> connection�v�th d�amage to,or the taking of,t�ie Property,Borro`ver sha�I be responsible far repairin��r <br /> r�staring the Property only if Lender has released proceeds for su�h purpases.Lender may disburse pr�ceeds <br /> for t�e�epairs and restoration in a si�ng�e paymen�or in a series af progress payments as the�vork is <br /> completed. If the insuranee or�ondemnation praceeds are not suf�'icient t�repair or restore the Property, <br /> B�rra�rer is not relie�ed of Borrower's a�ligati�n for the eompletion af such repair or restorati�n, <br /> Lender or its agent may make r�asonable entrie�u�on and inspectio�s af th�Property. If it has reasonah�e <br /> cause, Lender may inspect the interior of the impro�rements on the Property.I�ender shali gi�e�orrower <br /> notice at the time�f or prior to such an interiQr inspec��Qn speeifying such reasonable cause. <br /> $. �orr�ower's Loan Ap�lication.Borrower shall be in defauit if, during the Loan appli�ation process, <br /> Borrower or any persans or entities acting at t�e di.rection of Borrovwer or with Borrower's�no�v�edge or <br /> consen�ga�e mater�a��y false, mis�eading,or�naecurate information or statements t�Lencier(ar failed to <br /> p�a�ride Lender with material informat�an)in connection�ith the Laan. Material represen�ations include,but <br /> are nat limited�a,representa.tians concerning Borr�wer's occupancy of the Pr�perty as Borrovver's principal <br /> res�dence. <br /> 9. PrateGtionaf Lender's Inter�st in the Propertyand R�ghts U�der thss Ss�urity Instrum�nt.If�a} <br /> Borrawer fails ta perform the covenants and agreements eon�ta.ined in this Security Instrument, (b}there is a <br /> legal pr4�eedir�g that m�ght significant��affect Lender's interest in tbe Froperty an�for rights under this <br /> Security Instrument�such as a proceeding in bankruptcy,probate, f�r condemnation or forf`eiture, for <br /> ��forceme�t of a lien�vhic�h n�a�a#.tain pri�rity o�er this Sec���t�In�trurnent o�ta e�force la�vs�r <br /> re�ulations},or(c)Borro�ver has abandoned the Property,then Lender may do and pay fvr whate�er is <br /> reasonable or apprvpriate to pratect Lender's i�terest in the Property and rights under�his S�curity <br /> Instrument, in��uding p�otecting andlor assessing the Wa1ue of the Froperty,and securing andlor repa�ring <br /> the Pr4perty.Lender's actions car�include,bu�a��not limited to:��.�paying a��su�s sec�xred b�a lien <br /> which has priority over this Security Instrument; (b)appearing in court;and�e}paying reasonable at�arneys' <br /> fees to prote�t its in�er�st i�th�Property andl�r�ights�nder this Security Instzliment,i�c�uding i�.s secured <br /> position in a bankruptcy proceeding, S�curing the Pr�perty includes,but is nat limited to, entering the <br /> Proper�y to rnake repairs,�hange locks,replace or board up doors ar�d windovc�s,drain�vater fram pip es, <br /> e�iminate building�r oth�r code violations ar dangerous�anditions,and have uti�ities turned an or off, <br /> A�t��ugh Ler�der ma�take action under this Sectio�9,I��n�er does not have to do�o and is not under any <br /> duty�r obiig�.tion to do so. It is agreed that Lender incurs no liability for not taking any or ali actions <br /> authori�ed�t�nder this Sec�ion 9. <br /> qQ33747168�7 4233 37� �Sl? <br /> NEBRASKA-5ingle Family-Fanr�ie MaelFred�ie Mac L1NfF�RM INSTRUMENT W1TH MERS Farm 3U�8 11�1 <br /> VMP� VMPfA(N�}{13p2�.04 <br /> Wolters Kiwver Financial Services Page�af 1l <br />
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