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201102669
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Last modified
5/25/2011 8:47:13 AM
Creation date
4/7/2011 12:02:31 PM
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DEEDS
Inst Number
201102669
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�, R�-RECORD�a <br />201102663 <br />work has been completed to Lender's satisfacrion, provided that such in� <br />promptiy. Lender may disburse proceeds for the repairs and restoratioa in a <br />of grogress payments as We work is a�mpleted. Un4ess aa agreement is made <br />requires interesi to be paid on suah insurance proceeds, L,e»der shall not be r <br />interest or earnutgs on such proceeds. Fees far public adjusters, or othe <br />Horrower shali not be paid out of the insurance proceeds and shall be the so: <br />the restoration or repair is not er:onomically feasible or Lendcr's security wou <br />praceeds shatt be applied to the sums secured by tlus Security Instrument, w <br />the excess, if any, paid to Borrower. Such insurance proceeds shall be appliec <br />Section 2. <br />If Bonower abandons the Property, Lender may file� negotiate and s� <br />ciaim and related matters. If Bonowex does not respond witivin 30 days to a <br />insurance carrier has offered to settie a ctaim, then Lender rnay negotiate and <br />period will begixt when the notice is given. In eiiher event, or if Lender � <br />Sedaion 22 or otherwise, Borrower hereby assigns to I,e�nder (a} Bonowe <br />proceeds in an amount not to exceed the amounts unpaid n�der the Note or t <br />(b) any ott�er of Borrower's rights (other than the right to any refund of � <br />Bozrower) under ail insurance poliaies covering the Praperty, insofar as suc1; <br />ooverage of the Property. Lender may use the insurance groceeds either to rep� <br />to pay amounts unpaid under the Note or this Securiry Instrument, whether or � <br />b. Occupancy. Borrower shall occupy, establish, and use the Prope: <br />residence within 60 days after the execution of this Security Instrument and � <br />Properry as Borrower's principal residence for at least one year after the date � <br />atherwise agrees in yvriting, which oonsent shall not be unreasonably with <br />cu'aumstances ezist which are beyond $orrowez's controL <br />7. Preservation, Maintsnance and Pcoteclion of the Property; Ins � <br />destroy, damage or impair the Property, allow the Property to deteriora <br />Property. Whether or not Bonower is residing in the Property, Borrower <br />order t�a prevent the Property from deterioratiag or decreasing in vaIue due <br />determined pwsuant to Sedion 5 that repair or restoratioa is not economi <br />promptly repair the Property if damaged to avoid fiuthyr deterioration <br />aondemnation proceeds aze paid in connection with daznage to, or the takin <br />sFxa11 be responsible for repairing or restoring the Praperty only if Lender h <br />purposes. Lender may disbutse proceeds for the xepaits and restoration in a' <br />; <br />progress payments as the work is campleted. If the iasurance or c�ndemnati <br />to repair or restore the Property, Borrower is not relieved of Bonower's obl <br />such repair or restoration. �., <br />Lender or its agent may make reasonable entries upon'and inspectmc�r� <br />reasonable cause, I,ender may inspect the intezior of the ir�provements on �� <br />Borrower notice at the time of oz prior to such an interior ir�speetion specif <br />S. Borrow�'s I.oan Application. Borrower shall be in default if, <br />process, Borrower or any persons or entities acting at the direction of <br />knowledge or consent gave m.aterially faise, misieading, or ina�cc�urate info <br />(ar failed to provide I,ender with materia} information) in conn�tia <br />representations include, but are not limited w, representations oanoerning <br />Property as Borrower's prinaipal residence. <br />NEBRASKA - Singie Famity - Fannie MaefFreddk Mac UNIFORM INSTRUMENT WITH <br />� 6A(N� (oelol PeAe � ot ts �ni�ie�'� <br />201102�6� <br />�ction shall be undertalcen <br />igle paymeat ar in a series <br />writing or Applicable Law <br />uired to pay Borrower any <br />third parties, retained by <br />obligation of Bortowcr. If <br />be iessened, the insurance <br />t.�er or not then due, with <br />s the order provided for in <br />:tle any available insurance <br />�otice &om Lendar that the <br />;ett�e the claun. The 30-day <br />c4wires the Property under <br />'s rights to any insurance <br />is Security Instrument, aad <br />oeazned premiums paid by <br />rights are agplicable to the <br />ir or restore the Property or <br />�t then due. <br />;y as Bortower's pri�pai <br />�all continue to ocxupy the <br />f occupancy, untess Le�der <br />�eld, or uniess extenuaking <br />;ctions. Borrower shall not <br />; or commii waste oa t�►e <br />�1i maintain the Property in <br />o its �ndition. Unless it is <br />lly feasible, Borrower shall <br />r damage. Tf insuratu-e or <br />of, the Property, Borrowet <br />released proceeds far suc}i <br />;le payment or in a series of <br />proceeds are not suf£icient <br />;ation for the completion af <br />uf the Property. If it has <br />Pro,perty. Lerad�r s1�all give <br />such reasonable cause. <br />uring the Loan spplication <br />rrower or with Borrower's <br />'on or statements to I.ender <br />with the Loan. Material <br />rxower's occupancy of the <br />il-01-000005 <br />Form 3028 1 /01 <br />
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