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201108381
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201108381
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Last modified
3/7/2012 11:10:14 AM
Creation date
11/7/2011 12:59:21 PM
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DEEDS
Inst Number
201108381
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201108381 <br /> �or the repairs and restoration in a sii�gle payment or in a series aL progress payinents as fhe worlc is <br /> completed. If the insurance or condemnation proceeds �re no't suf�cient to repair or restore the Propertq, <br /> Borrower is not relieved of Borrower's obligation for the coinpletion of such repair or restora:tion. <br /> Lencler or its agent m�y inalce reasonable entries upon and inspections of the Property, If it h�s re�tsonaUle <br /> cause, Lender inay inspect the iilterior of the iii�provements oii tha Property. Lender shall give Borrower <br /> notice at the tirne oi'or prior to sueh an interior inspection specifying such reasonable cause. <br /> 8. Bot'rower's Loan AppliCation. Borrower shall be in default if, during the Lo�n application proc�ss, <br /> Borrower or ai7y persons or entities acting at the direction of Borrower or with Borrower's lcnowledge or <br /> consent gave materially false, misle�dii7g, or inaccurate inforiilation or statements to L�ndet•(or failec�to <br /> provide Lender with anaterial information) in coiulection witli ihe Loan, Material ra�resentiations inclucle, but <br /> are not liiniied to, representations concer�ling Bori•ower's occupa��cy of the Property as Borrower'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 agreeinents cont�tined in tl�s Security Tnstrtunent, (b) tllere is a <br /> 1ega1 pi•oceaciing that inight signi�cantly afPec�T�ender's uiterest in tlie Property and/or rights undar this <br /> Security Tnstrument(such as a proceeding in b�nlcruptcy, probate, for condeiruiation or forfeiture, for <br /> enforcement oF a lien which m1y attain priority over this Security Instiruinent or to enforce laws or <br /> regulations), or(c)Borrower has abandoned the Property, then Lencler may do and pay for whltever is <br /> reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br /> Instrument, includitzg protecting and/or assessing the v11ue of the Property, and securing and/or rep�tiiring <br /> tlie Property. Lender's �ctions can include, Uut are noti liinitecl to: (a)paying any sums secured by a lien <br /> which has pi•iority over this Security Instrument; (U) a�pe�ring in coul�t; and(c)payiiig reasonaUle attorneys' <br /> fees to protect its interest in the Property and/or�xights under this 5ectiirity Inst�uinent, incltidiilg its securad <br /> positioii in a�anlcniptcy proceeding. Securing 1lle Property iilcludes, buti is�iot limited to, entering the <br /> Property to snal�e repairs, change locics, re�l�ce or board up cloors and wivc�ows, drain water froin pipes, <br /> eliminate building or other cade violatioils or dangerous conclitions, aud have utilities turned on or off. <br /> Although Lender snay talce action under this Sectioi�9, Lender does not have to do so and is not nnder ai�y <br /> duty or oblig�ttion to do so. It is agreed tliat Lender inctitrs no liability for not t�lcing any or all actions <br /> authorized under this Section 9. <br /> Ai�y a1�ioLints disbursed by Lender under this Sectioii 9 shall become addition�l debt of I3orrower secured by <br /> this Security Instruinent. These amounCs shall�e�r i�iterest at the Note rate fi•om the date of disburseinant <br /> a�1d shall be payable, with such iiiterest, upon notic�froin L�nder to Borrower requesting payment. <br /> If this Security Instillment is oiz a le�7sellold, Borrower sha11 comply with all the�provisions ol the lease. Tf <br /> Borrower 1cc�uires I'ee title to the Property, the le�sehold and the fee title shall not inerge unless Lender <br /> agrees lo fhe merger in writi7lg, <br /> 10. M ortgage Insurance. If Lender rec�uired Mortgage Insurance as a condition of m�lting the Loan, Boi•rower <br /> sha11 pay the preiniums required to maintain the Moi•tgage Insu�'�nce in effect, If, for any reason, tlie <br /> Mortgage InsYir�nce coverage required Uy Lender ceases to l�e available fron7 the inortgage iizstu•er that <br /> �reviously provicled such iiisurailce aild Borrower was required to in�lce sep�rately desi�n�tited�ayments <br /> towarci the preiniuizls Por Mortgage Tnsura.nce, Borrower shall pay the premiums requirecl tio ol�tain coverage <br /> substantially equivalent to the Mortgtige Insurance previously in efPect, �t a cost subst��itially equivalent to <br /> tha cost ta Borrower of the Mortgaga Tnsurance previously in effect, fi•om ar1 altet��ate mortgage i7isurer <br /> selected by Lender, If subst��ltially ec�uiv�lent Mortg�ge Insurance coverage is not available, Borrower shall <br /> 231205 <br /> NEBRASICA-Single FamJly-Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT Form 3028 1/01 <br /> VMP O VMP6(NE)(1105) <br /> Wolters I<luwer Financial Services Page 8 of 17 <br />
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