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201109342
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201109342
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Last modified
3/7/2012 11:17:36 AM
Creation date
12/13/2011 4:19:52 PM
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DEEDS
Inst Number
201109342
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201109342 <br /> i <br /> � for the repairs and restoration in a single paymeut or in a series of progresa payments as the work is <br /> completed.If the insurauce or condemnatiott pmceeda are not su�cietrt to repait ar cestore the Property, <br /> I Borrower is not relieved of Borrower's obligation for the completion of sueh repair or restoratiott. <br /> I Lender or its ageut may make reasonable entries upon and inspections af the Property.If it has reasoaable <br /> cause,Leader may inspect t6e interior of the improvements oa the Property.Lender shall give Bortower <br /> � notice at the time of or prior to such an interior inspection specifying auch reasonable cause. <br /> � 8. BorTOwe�'sLoanAppllCBtion.Borrower shal]be in default if,during the Loan applieaiion proceas, <br /> I Borrower or any peraons or entities acting at the direction of Borrower ar with Botrower's lmowledgc or <br /> consent gave materiaUy false,misleading,or inaccurate information or statements to Lender(or failed to <br /> I provide Lender with material information)in cow►ection with the Loan.Matetial representations include,but <br /> are not 1'united to,representations concerning Borrower's cecupancy of We Properly as Borrower's priacipal <br /> residenea <br /> � 9. Protectlonof Lender'slnterest in the PropeHyand RightsUnderthls Security Instrument.If(a) <br /> Borrower fails to perform the covettants and agreements cantained ia tlus 5ccurity Instrumettt,(b)thcre ia� <br /> legal proceeding tbat might significantly affect Lander's interest in the Property attd/or rights under lhis <br /> Security Instrument(such as a proceed'wg in bankruptcy,probate,for condemnation or�forfeiture,t'or <br /> enforcament of a lien which may atiain priority over this 5ecurity Instrument or to enforce laws or <br /> regulations),or(e)Borrower bas abattdoned the Property,then Leader may do and pay for whatever is <br /> teasonable or appropriate to protect Lender's interest itt the Property and rights uttder this 5ecurity <br /> Instrument,including protecting and/or asseseing We value of the Property,and securing and/or repairing <br /> the Property.Lettder's actions can iaclude,but are not limited to:(a)payittg any aums secared by a lien <br /> which has priority over this Security Inshvment;(b)appearing in court;and(c)paying reasonable attomeys' <br /> fees to protect its interest in the ProQerry and/or righta uader this 5ecurity Instrument,including its aecwed <br /> position in a bankruptcy proceeding.Seenring the Properly i�ludes,but is not limited to,entering the <br /> Property to make repairs,chattge locks,replace or board up doors and windows,draia water&om pipea, <br /> elitttinate 6uilding or ot6er code violations or dangerous coaditioos,and have utilities turned on or aff. <br /> Although Lender may take action tu�der this Section 9,Lender does not have to do so and is not undcr any <br /> duty or obligation to do so.It is egreed that Lander incurs ao liability for not taking any or all actions <br /> authorized under this Section 9. <br /> Any amounta disbursed by Lender under this Section 9 ahaU beceme additional debt of Borrower secured by <br /> this Security Instrument.T'hese amounta shall bear iaterest at the Note iate from the date of disburaement <br /> and shall be payable,with such interest,upan notice from Lender to Borrower requesliag payment. <br /> If this Security Instrumeut is ott a leasehold,Borrower ahall comply with all the ptovis'sons of the lease.If <br /> Borrower acquires fee title to the Property,the iease6old aad We fee title shall not merge unless Lender <br /> agrees to the merger in writing. <br /> 1 U. Mollgage InsuranCe.If Lender required Mortgage Insurance as a condifion of making the Loan,Barrower <br /> shall pay t6e premiums required to maintaia the MoRgage Insurance in effcet.If,for auy rcason,the <br /> Mortgage Insuractce coverage required by Lander ceases io be available from the mortgage insurer that <br /> previously provided such insurance and Borrower was required to make separately designated payments <br /> toward thc premiums for Mortgage Ins�uance,Borrowec shal{pay t4e ptemiums required to obtain covetage <br /> subsiantially equivalent to the Mortgage Insurance previously iu effect,at a cost substaatially equivalent to <br /> the cosi to Borrower of the Morlgage Insurattce previously in effect,&om an altemate mortgage insurer <br /> selected by Lender.If substantially equivalent Mortgage Inaurance coverago is not available,Borrower sha11 <br /> � vN'E�BR�ASKASinB��Famiry�Fannu MaWFrotldi�Mae IINIFORM INS7RUMENT ��� - fam 90281f01 <br /> VMP9(NE)(71D5A00 <br /> Wdkrs KN�wer Finenciel Servlcee /, S ptge g pf 17 <br /> L� <br />
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