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201207510
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Last modified
7/20/2017 9:49:48 AM
Creation date
9/10/2012 12:39:27 PM
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DEEDS
Inst Number
201207510
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201207510 <br /> for the repairs and restoration in a single payrnent or in a series of progress payments as the work is <br /> completed. If'the iasurancc or condemna[ion proceeds aze not sufficient to repair or restore the Property, <br /> Borrower is not relieved of Borro�ver's obligalion for the complefion of such repair or restoration <br /> Lender or its agent may aiake reasona6le enriies upon and inspectians of the Property. If it has reasonable <br /> cause, I,ender may inspect the interior of fhe improvements on tt�e Properry. Lender shaill.give Borrower <br /> norice at the tnne of or prior to such an interior inspection specifying such reasonable cause. <br /> 8. Borrower's Lodn Application. Borrower shall be in default if, during the Loan application process, <br /> Bonower or any persons or enriries acting at the direction of Rorrower or with Borrower's knowledge or <br /> consent gaue materiall�false, aiisleading, o�inaccurate inform�tion or stat�ents ta Lender(ox failed to <br /> provide Lendcr with material information)in connection w�th the Loan. Material represeniari�ns include, but <br /> are not limited to, representations concerning Borrower's occupancy of the Properry as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Underthis Security 9nstrument. If(a) <br /> Borrower Eails W per£orrn the covenants and agreements contained in this SeCurity Instnmient, (b)thete is a <br /> lcgal proceeding that might sia ificantly affect Lender's interest in the Property and/or rights under this <br /> Security Insh-ument(such as a procceding in bankruptcy, probate, for condemnation or forfeiture, for <br /> enforcement of a lien which may attain priority over this Security Instnunent or Yo enforee laws or <br /> xegularions), ox (c) Borrower has abandoned the Properiy; then Lendec may do and pay for whatever is <br /> reasonable or appropriatc to protect Lender's interest in the Property uid rights under chis S�urity <br /> Instrumcnt, including protecting and/or assessing the value of the Properry, and securing and/or repairuig <br /> the Propert5=. I,ender's actions can mclude, but are not luuited to: (a)paying any sunis secured Uy a lien <br /> wiueh has pnority over this Seculity InstrumenC; (b) appeazuig in court; and(c)paying reasOnable attomeys' <br /> fee�to protect its interest in the Property and/or rights under this Secunty Instrument, inchiding iis secured <br /> position iri a bankruptcy proceeding. Securing the Property IxicludeS, but is not llmited to, entexing the <br /> Property to make repairs,�change locks, replace or board up doors and windows, drain water from pipes, <br /> eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. <br /> Although Lender may take acrion under this Section 9, Lender does not have to do so and is not under any <br /> duty or oU13�ation to do so. It is agreed thaC I,ender inc�ss no liabillty for not taking any or al1 acrions <br /> authorized und�tivs Section 9. <br /> Any amounta disbvrsed Uy Lender under this Seprion 9 shal�become additional deUt of Barrower secLu-ed by <br /> this Secwity Instrument. These amolmts shall bear interest aT the N ote rate from the date of disbutsement <br /> and shall be payahle, with such interest, upon notice from Lender to Borrower requesting payment. <br /> If this Seeurih%Instrument is on a Ieaschold, Barrower shall comply��ith all the provisians of the lease. If <br /> Borroa�er acquires fee ritle to the Property, the leaschold and the fee ride shall not�nerge unless Lendcr <br /> agees to the merger In writing. � <br /> 10. M ortgage Insurance. If Lender required Mortgage Insuruzce as a condirion of making the Loan, Borrower <br /> shall pay the prflm3wns r�quired to mainYain the I�forfgage Insurance in eff'ect. If, for any reason, the <br /> Martgage Insurance coverane required by Lender ccases to be a�ailable from the mortgage insurer that <br /> previously provieled Such insurance and Borrower was required to make separately d�ignated payments <br /> towazd the preiniums for Mohgage Insurance, Borrower shall pay the premiums required to oUtain cocerage <br /> subs`u2ntially equivalent to the Mortgage Fnst�ancepreviously in effect, at a cost substanflally equivalent to <br /> the cost to Boirower of the Mortgage Insurance previously in effect, from an alternate�nortgage insurer <br /> selected by Lender. If substantially equivalcnt Mortgage Insurance coverage is not available, Borrower shall <br /> zaoozosa <br /> NE3RASKA-SingleFamity-FannieMae'FreddieMacONIFORMINSTRUMENT � Form3�28V01 <br /> VMPrgI VMP6(NEJ(11�5) <br /> Woltets KWwer Financ:al5ervices Page 8 of',1 <br />
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