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201209228
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7/20/2017 9:59:05 AM
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11/1/2012 3:31:45 PM
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DEEDS
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201209228
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201209228 <br /> materially false or inaccora[e infbrmation or sta[ements ro Lender (or failed to provide Lender widi any material <br /> information) in connection with the loan evidenced by Lhe Note, including, but not limiLed to, representa[ions <br /> concer�iing Burruwer's occupancy of the Property as a principa] residence. If diis Security Instrument is oo a <br /> ]easehold, Borrower s}iall comply with the provisions of the lease. If Borruwer acquires fee[itle to the Properry, the <br /> ]easehold and fee title shall out be merged unfess Lender agrces to the merger in writing. <br /> 6. Condemnallon. The proceeds of any award or claim for damages, direct or consequen�ial, in connection <br /> with any condemnation or other taking of arry par[of the�Properry, or for conveyance in place of condemnation, are <br /> hereby xssigned and shall be paid ro Lender to the extenl of the fu]I amount of the indebtedness that remains unpaid <br /> under the I4ute and this Securiry InstrwnenL Lender shall apply such pror,eeds ro the redaction of IY�e indebtedness <br /> under the nute and this Security Insu'umen[, first to any delinyueni amounts applied in the order pruvided in <br /> pzragraph 3, and then to prepaymen[of principal. Any application of the proceeds to the principal shall not exlend <br /> or postpone the due date of[he�r�onthly payments,whieh are referred to in paragraph 2, or change the amount of sucYi <br /> paymen[s. Any cxcess proceeds over an amoun[required to pay all ou[standing indebtedness under tl�e Note and this <br /> Securiry Instrument shall bc paid to the entity legally entitled thereto. <br /> 7. Charges to Borrower and Protecfion of Lender's Rigli[s in [he Properly. Borruwer shall pay a0 <br /> governmental or municipx] charges, fines and imposi[ions [hat are not included in paragraph 2. Borrower shall pay <br /> these obligations on time directly to the emity which is owed[he payment. If failure[o pay would adversely af�fect <br /> Lender's interest in thc Property, upon Lender's request Borrower shall promptly furnish to Lendcr receipts <br /> evidencing these payments. <br /> If Borrower fai]s lo make[hese payments m'[he payments required by paragraph 2, or fails to perform any other <br /> covenants and agreemeuts contained in[his Secw'ity lnstrumenP, or there is a legal proceeding that may significantly <br /> affect Lender's righfs in the Property (such as a proceeding in bankniptcy, for condemnation or [o enforce laws ur <br /> regulations), then Lender may do and pay whalever is necessary ro protcct the value of[he Property and Lender's <br /> rights in Ihe Properry, including paymen[ of caxes, hazard insurance and o[her items men[ioned in paragraph 2. <br /> Any amnunts disbursed Uy Lender under this paragraph shall becume an addi[ional debt of I3orrawer and be <br /> secured by this Securiry InstrumenL These amounts shall bear interest from the date of disbursement a[rhe Nnte�ate, <br /> and a[the option of l,ender shall be immediateh�due and payable. <br /> Borrower shall prompdy discharge any lien which has priority over this Securiry]nstrument u�less Borrower: <br /> (a)agrees in wri[ing ro the payment of the obligation secured by the lie�n in a manner accepLable[o Lender; (b) contesis <br /> in good faith the lie�n by, m'defends against enforcernent of [he lien in, legal proceedings which in tlie� Lender's <br /> opinion operate to prevent the enfa�cement of the lien; ur (c) secures fran the holder oF the lien an agreement <br /> satisfacrory to Ler�der subordinatlng the lien m[his Securiry InstrumenL If Lender de�termines tha[any part of the <br /> Property is subject to a lieo which may attain prioriry over this Securiry Insh�umen[, Lender may give Burrower a <br /> notice idenYiFying the lien. Borrower shall setisfy the lien or take one or more of the actions set forth above within <br /> 10 days of the giving of notice. <br /> 8. Fees. Lender may collect fees and charges authorized by the Secretary. <br /> 9. Grounds fur Acceleralion of Debt. <br /> (a) Defnull. Lender may, except as limited by regulations issued by Ihe Secretary in the case of payment <br /> defaalls, reyuire immediate paymen[in full of all sums secured by this Security Instrument if: <br /> (i) Burrower defaults by failing to pay in full any monthly paymen[ required by Lhis Securiry <br /> Insirumeut prior[o or on the due da[e of the next monlhly payment, or <br /> (ii) Borrower defaul[s by failing, for a period of thirty days, [o perform any other ubligations <br /> canteiried in this Securiry[nstrument. <br /> (b) Sale Without Credit Approval. Lender shall, if permitted by applicable]aw(including sectlon 341(d) <br /> of[he Garn-St. Gcrmain Depository Ins[ilulions Ac[of 1.982, 12 U.S.C. 1701j-3(d)) and with the prior <br /> approval of the Secretary, nquire irnmedlate pa}nnent in fiJl of all sums sec:ured by[his Secm'ity In.stniment if: <br /> (i) All or parl uf Lhe Property, or a beneficial interest in a trusl owning all or part of the Property, is <br /> sold or otherwise [ransFerred (other than by devise or descent), and <br /> FHA NEBRASKA DEED OF TRUST - MERS OocMagic P.r.Sz-a.'rni� <br /> NE�OTZ.FHA 07/03112 Page 4 0( 9 www.docmagicrom <br /> � ��;����r��G����� <br />
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