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201207384
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201207384
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Last modified
7/20/2017 9:49:11 AM
Creation date
9/5/2012 2:11:57 PM
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DEEDS
Inst Number
201207384
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201207384 <br /> for the iepairs aud restoration in a single payment or in a series of progess paymenYs as the work is <br /> completed if the insurance or condemnation proceeds are not sufficient to repair or restore the Properry, <br /> Borrower is not relieved of Borrower s obligation for the completion of such repair or restoration. <br /> Lender oi its agenY may make rcasonable entries upon and inspections of thc Property. If it has ieasonable <br /> cause, Lender may inspect the interior of the nnprovements on the Property. Lender shall give Borrower <br /> norice at the time of or prior to such an interior inspection specifying such rrasonable cause. <br /> 8. Borrower's Loan Application. Borrower shall be in defauit i: during the Loan application process, <br /> Borrower or any persons or entiries acting at the c3ircction of Borrower or with IIorrower's IrnowIadge or <br /> conseni�gave materially false, misleadiug, or inaccura#e mfom�arion or statements to Lender(or failed to <br /> provide Lender with material informaCion)in conncction with tYie Loan. Material representations include, but <br /> are not luniteci to, representations concerning Borrower s occupancy�f the Property as Bormwer'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 agrcements contained in this Security Iastrurnern, (b)there is a <br /> legal proceeding tl�at might significantly affect Lender's interest in the Property and/or rights under this <br /> Security Instrument(such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br /> cnforcement of a lien wluch may attain priority ovet this Security Instrument or to enforce laws or <br /> xenulations), or(c)Borrower has abandoned the Property, then Lender may do and pay for whatever ls <br /> Teasonanle or appropriate to protect Lender's Interest In the Property and xights under fnis Security <br /> Instniment, including protecting and/or assessing die vahic of the Pmperty, and securing ancUor repauing <br /> the Property. Lender's actions can include, but are not limited Co: (a)paying ury sums secured by a lieu <br /> wkicfi has pnority oves this Security I�istnm�ent; (b) appearing in coUrt; and(c)paying zeasonable attorneys' <br /> faes to protect Its interest in the Property�nd/or rights under this Secnrity lustruxnent, including i#s secuied <br /> position in a Uanlmiptcy procceding. Securing the Property includes, but is not IuniLed Co, entering tl�e <br /> Properiy to make repairs, change locks, replace or board up doors and windows, drain water from pipes, <br /> eliminatc btulding or other code violations or dangerous condiYions, and have utilities 2urned on or off. <br /> Although Lender may take action under this Section 9, Lcnder does not have to do so and is not uncler any <br /> duty or obligaiion to do so.. It is agrzed that Lender incurs no liability for not taking any or ail actions <br /> auLhorized Lmder this Secnon 9_ <br /> Any aznounts disbursed by L;.nder tmder this Section 9 shall becoine additional debt of Borrower secured by <br /> this Security Instrument, These amounts shall bear interest at the Note rate from khe date o€disbursement <br /> and shall he payable, with such interest, upon notice from Lender to Borrower requesting payment. <br /> If this Secnrity Inslnunen4 is on a leasehold, Bosower shall comply with all the provisions of the lease. If <br /> Sorrowe,r acquires fee tiU�to the Properry, the leasehold and the fee title shall not inerge Lnilzss Lender <br /> agrees to the merger in writing. <br /> 1 D. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br /> shall pay thc prcmiums rcquircd to main#ain the Mortgage Insurance in effect. If, for any reason, the � <br /> Mortgage Insurance coverage xequired by Lend�ceases To be available froin Yhe mortgage insurex that <br /> previously provide3 such insuranoe aad Boxrower was required to make separately desigiated payinents <br /> toward the premiums for Mortgage Insurance, Borrowcr shall.pay the prexniwns required to obtain coverage <br /> substantially equivalent to the Mortgage Insurance previouslq in effect, at a cost substantially equivatent to <br /> the cost to Sorrower of the Mortgage Insurance previously in effect, from an alYemate inortgage ins�� <br /> selected b}r Lender. ]f substantially equivalent Mortgage Insurance eqvarage is aot available, Sonowa shall <br /> zaaozoar <br /> NBRASKFSingleFzmity-FannieMae/ReddieP4acUNIFORPA WSTRIIPAHJT Form30285/01 <br /> VM P�a V M PB(NE)(i`O5J <br /> WeGeS Kluwei Financixl Servlces Page 8 of 1 F <br />
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