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200207064
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200207064
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Last modified
10/15/2011 1:28:01 AM
Creation date
10/22/2005 8:59:34 PM
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DEEDS
Inst Number
200207064
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200207064 <br />Scours 5 that repair or restoration is not economically feasible, Burrower .shall promptly repair the Property if <br />damaged to avoid further dearioration or damage- TI e or condemnation proceeds are paid In <br />connection with damage nc or the taking oL the Proper y,s Harrower shall he responsible rot repairing or <br />restoring the Property only if Lender has released proceeds for such purposes- Tander may disburse proceeds <br />for the reports and restoration in U single payment n of progress payment as the work is <br />completed. If the insurance or condemnation proceeds n not sufficient to repair or restore the Property, <br />ssumnc <br />Borrower trotregientof Borrower s I concedes entries upon insprfsuchmpefrorresty 11n the <br />Lerch r its agent may sake interior rnsonable entries upon and inspections of Nc PlLondal 11 it has reasonable <br />e, Lcntla may inspect the h a er [hc Improvements on the Nopary. Lender shall give Bonower <br />notice Burr time or Loan prior msuatiointerior lnspedion he in such reasonable cause. S. Borrower's Loan Application Rat at the shall he iv t Borrower it,; doing Nc Loo application process, <br />c Rollover sent l or any pally or entities using at Inc direction of Borrower or with s In Ucre k -(m Polled or <br />p vsere g. r with a False, misleading, u tionu information or statements re es Lender (in lde, it <br />eldt Lender with material infunnatinn) in connection mwr with the Loral Material representations include, pal <br />are not limi[eJ m. rot sensations wncuning Borowcis occupancy of the Propeny as Borrowers principal <br />resirlonlc <br />9. Protection of Lender's Internet in the Property and Rights Under this Security Instrument. If (u) <br />follower fait to perform the covenants and agreements contained in this Security Instrument (h) there is <br />fool proceeding that might significantly affect Lenders intact in the Property and /or rights under this <br />Security Instrument (such as a processing in banluuptay, pilings, for condemnation or forfeiture, for <br />enforcement of a lied which may attain priorlp over this Security Instrument or to sooner laws o <br />[elson4i e O or (c) borrower to pr has Under abandoned the Property, then Lander may a and pay rot whatever Is <br />sunable nr appropriate r protect Lenders value of t In the Property and tights and/ this Security t Property. <br />including protecting andlud ,but re the value OI the Property, and securing and/or repairing the Propeny. <br />over Lanto <br />the actions can include, but are nor e, in court, (a) paying any sores snared tt a lien which has priority <br />over this Security In.VUmiod (b) rights tan in mart; aad (c) otanic reasonable nrnnwec fees to I ita <br />ankruc the Property and/or rights under this odes. Security Iis not hn4 including its st uPr position in <br />bankruptcy proceeding_ Securing acted Property includes. but is not limited to, coteries, the Properly to make <br />repairs, change locks, r dan, to bored ap doors and windows drain waar from pipes, eliminate building taor <br />ke <br />other code vid:nions or donoocrous conditions, wW hove utilities Curved on or oft'. Although Lender m v mks <br />action under this Section 9, Leader does not hove to du so and Is not under any duty or obligation to do so. I <br />IS allied that Lender incurs no liability for not taking any or all actions anduriooi under this S tion9- <br />Any m wits disbursed by Lender under this Section 9 shall become additional debt of Borrower secured <br />by this Security Instrument These amounts shall For interest at the Note rate from the date of disbursement <br />and shall be payable, whh such Interest. upon notice from Lends m Borrower requesting payment. <br />If this Security Instrument Is on a Itiochold. Borrmver shall comply with all the provisions of the lease. If <br />Borrower acquires fee title to the Pepery. the leasehold and the fee title shall not merge unless Lender agrees <br />to the all in writing. <br />10. Mortgage Ineurani If Lender regrired Mortgage Insurance as I condition of making the Loan. <br />Borrower shall pay the pren(tumo required to maintain the Mmegaec Insurance In effect. If, for any reason, [tic <br />Morteoci Insurance coverage rapture by Under ceases to be Loanable from the mortgage insurer that <br />previously provided such insurance and Borrower w reghcd to make separately designated spayments <br />toward the premiums for outface Insurance. Bonosso shall pay the premiums required in chain euvemgc <br />substantially equivalent to the Mortgage Insurance previously in shell, at a cost substantially equivalent to the <br />cost to Borrower of the Morts,uge fnsumnae previously In effect, from an alternate mortgage Insurer selected <br />by Lender If substantially equivalent Mortgage Insurance coveuage is not available, Burrower shall continue <br />tar pay to Lender the amount of the sepaaaly designated payments that were due when the insurance coverage <br />ceased to be in effect Tender will accept, Use and retain these payment as a mo-refundable loss reserve in <br />Ilea of Mortgage Insurance - Stich loss reserve shut be nun- mfundahle, notwithstanding the fact that the Loan <br />IN ultimately paid in full, and Lender .shall not be required to pay harrower tray interest or nrnmgs on such <br />Ions re. c. Lender can no longer require lost, reserve payments if Mongegc Insurance w c (in the <br />verso <br />noun[ and for the period hat r requires requires) provided by an insures scicetcd by Lender agar ortga s <br />ourainle, Is obtained, and Lender reynirea insurance designated payments mood the Loan ante for was <br />Ins - If lender required Mortgage Insurance r u conditions making the Lour and Borrower w <br />rcquvcA to mike separately designated payments toward the premiums her Mortgage Insurance, Bonower shall <br />NEBRASKA - Single Family - Fannie MaelFroddie Mac UNIFORM INSTRUMENT <br />Form 90201101 <br />Lea loss n. Inom as assn <br />ul nia 0) Page ]o11J Initials "tl� <br />
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