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201102797
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Last modified
5/25/2011 8:54:46 AM
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4/12/2011 11:35:32 AM
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201102797
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2A1102797 <br />9. Protection of Lender's Inter st in the Property and R <br />(a) Borrower fails to perform the cove nts and agreements cont� <br />is a legal proceeding that might sig ' icantly affect Lender's ini <br />this Security Instrument (such as a pr ceeding in banla�uptcy, pr <br />enforcement of a lien which may a in priority over this Se <br />regulations), or (c) Borrower has aba doned the Property, then <br />reasonable or appropriate to protect Lender's interest in the <br />Instrument, including protecting and/ r assessing the value of th <br />the Property. Lender's actions can in lude, but are not limited � <br />which has priority over this Securi Instrument; (b) appear: <br />attomeys' fees to protect its interest in the Property and/or rights <br />its secured position in a bankruptcy roceeding. Securing the <br />entering the Property to make repairs, change locks, replace or 1 <br />from pipes, eliminate building or oth r code violations or dangE <br />on or off. Although Lender may take ction under this Section 9, <br />under any duty or obligation to do so. It is agreed that Lender v <br />actions authorized under this Section . <br />Any amounts disbursed by Len er under this Section 9 s <br />secured by this Security Instrument. ese amounts shall bear <br />disbursement and shall be payable, 'th such interest, upon no <br />payment. <br />If this Security Instrument is on a leasehold, Borrower sh <br />lease. If Borrower acquires fee title t the Property, the leaseho <br />Lender agrees to the merger in writin . <br />10. Mortgage Insurance. If Len er required Mortgage Insi <br />Borrower shall pay the premiums requ ed to maintain the Mortg; <br />the Mortgage Insurance coverage requ ed by Lender ceases to b� <br />previously provided such insurance a d Borrower was required <br />toward the premiums for Mortgage Insurance, Borrower sha: <br />coverage substantially equivalent to e Mortgage Insurance pr <br />equivalent to the cost to Borrower f the Mortgage Insurana <br />mortgage insurer selected by Lende . If substantially equival� <br />available, Borrower shall continue to ay to Lender the amount i <br />were due when the insurance covera e ceased to be in effect. <br />payments as a non-refundable loss r serve in lieu of Mortga� <br />non-refundable, notwithstanding the f ct that the Loan is ultima <br />required to pay Borrower any interest or earnings on such loss r <br />reserve payments if Mortgage Insuran e coverage (in the amoun <br />provided by an insurer selected by nder again becomes av� <br />separately designated payments towar the premiums for Mortga� <br />Insurance as a condition of making e Loan and Borrower wa <br />payments toward the premiums for ortgage Insurance, Borrc <br />maintain Mortgage Insurance in eff ct, or to provide a non <br />requirement for Mortgage Insurance e s in accordance with any <br />Lender providing for such terminatio or until termination is req <br />Section 10 affects Borrower's obligati n to pay interest at the rat <br />Mortgage Insurance reimburses nder (or any entity that <br />may incur if Borrower does not rep y the Loan as agreed. B <br />Insurance. <br />Mortgage insurers evaluate their otal risk on all such insui <br />enter into agreements with other parti s that share or modify thei <br />are on terms and conditions that are s tisfactory to the martgage <br />these agreements. These agreements y require the mortgage u <br />of funds that the mortgage insurer ma have available (which m <br />Insurance premiums). <br />Under this Security Instrument. If <br />in this 5ecurity Instrument, (b) there <br />in the Property and/or rights under <br />, for condemnation or forfeiture, for <br />� Instrument or to enforce laws or <br />ier may do and pay for whatever is <br />�rty and rights under this 5ecurity <br />perty, and securing andlor repairing <br />) paying any sums secured by a lien <br />i court; and (c) paying reasonable <br />;r this Security Instrument, including <br />�rty includes, but is not limited to, <br />up doors and windows, drain water <br />conditions, and have utilities tumed <br />3er does not have to do so and is not <br />no liability for not taking any or all <br />,ome additional debt of Borrower <br />at the Note rate from the date of <br />m Lender to Borrower requesting <br />iply with all the provisions of the <br />the fee title shall not merge unless <br />ran as a condition of making the Loan, <br />ge I urance in effect. If, for any reasbn, <br />av ilable from the mortgage insurer that <br />to ke separately designated payments <br />pa the premiums required to obtain <br />vio sly in effect, at a cost substantially <br />pre iously in effect, from an alternate <br />nt ortgage Insurance coverage is not <br />f th separately designated payments that <br />..en er will accept, use and retain these <br />: I urance. Such loss reserve shall be <br />ely aid in full, and Lender shall not be <br />se e. Lender can no longer require loss <br />an for the period that Lender requires) <br />lab , is obtained, and Lender requires <br />� I urance. If Lender required Mortgage <br />, re uired to make separately designated <br />�ver shall pay the premiums required to <br />re dable loss reserve, until Lender's <br />writ en agreement between Borrower and <br />iire by Applicable Law. Nothing in this <br />pr vided in the Note. <br />pur kases the Note) for certain losses it <br />ino er is not a party to the Mortgage <br />in force from time to time, and may <br />, or reduce losses. These agreements <br />�er and the other party (or parties) to <br />� to make payments using any source <br />�lude funds obtained from Mortgage <br />NEBRASKA - Singie Family - Fannie Mae/F eddie Mac UNIFORM INSTR MEN <br />�-G(NE) 108111 Page 8 of 16 nitials: � Form 3028 1I01 <br />'- L t:.l, <br />
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