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201106794
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Last modified
9/14/2011 8:50:01 AM
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9/14/2011 8:50:00 AM
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DEEDS
Inst Number
201106794
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�o�1os��4 <br />for the repairs and restoration in a single payment or in a series of progress payments as the work is <br />completed. If the insurance or condemna.tion proceeds aze not su�cient to repair or restore the Property, <br />Borrower is not relieved of Bonower's obligation for the completion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br />cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower <br />norice at the time of or prior to such an interior inspecrion specifying such reasonable cause. <br />8. Borrower's Loan Application. Bonower shall be in default if, during the Loan application process, <br />Bonower or any persons or entities acting at the dire,ction of Borrower or with Bonower's lmowledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material information) in connection with the Loan. Material representarions include, but <br />are not limited to, representations concerning Borrower's occupancy of the Property as Bonower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />Iegal proceeding that might significantly affect Lender's interest in the Property and/or rights under this <br />Security Instrument (such as a proceeding in bankruptcy, probate, far condemnarion or forfeiture, for <br />enforcement of a lien which may attain priority over this Secu.rity Instrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is <br />reasonab2e or appropriate to protect I.ender's interest in the Property and rights under this Security <br />Instntment, includ.ing protecting a�dJor assessing the vaiue of the Property, and securing and/or repairing <br />the Property. �der's actions c� iacl�e, but are noE limited �o: (a} paying any su�ns secured by a lien <br />which has priority over this �r �n�t,,,�r., Eb? a�FeaTing in court; �nd (c) Paying reasonable attorneys' <br />fees to grafiect its interes� i.� t�e FrvpeaEy a�1or rigT�ts iutder th'r,s Securily Instrument, including its secure�3 <br />posirion in a ba�ap�r .�g the Frogerty iac�udes, but is not limited to, entering the <br />Property to m�Ice reFs�, c�ge locks, rep�ace mr bvard �g doors and windows, drain water from gipes, <br />elimin�te buildi�g or athep code vioEario�s or �gerous conditions, and have utiliries turned on or off. <br />Although I,ender may taks act�a urn�er t�is Section 9, £.encter does not have to do so an@ is not under any <br />duty or obligatioII to do so. Tt is agreed tt�at Lender incurs no liability for not taking any or all actions <br />authoriaed under this Section g. <br />Any amounts �ishursed by �c�er uader t�is Section 9 shall become additionat debt of Borrower secured by <br />this SecurittY Instrument. These amo�ts shall bear interest at the Note rate from the date of disbursement <br />and shall be payable, witfi suct� interest, upon notice from Lender to Borrower requesting payment. <br />If this Security Instrument is on a leasehold, Borrower shail comply with all the provisions of the lease. If <br />Borrower acquires fee ritle to the Property, the leasehold and the fee title shall not merge unless Lender <br />agrees to the merger in writing. <br />?0. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Bonower <br />sha11 pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insurance and Borrower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect at a cost substanrially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an altemate mortgage insurer <br />selected by L,ender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1l01 <br />VMP p VMP Page�B of 17 <br />Wokers Kiuwer Financial Services <br />
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