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201301557
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Last modified
12/31/2013 12:23:22 PM
Creation date
2/26/2013 3:56:42 PM
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DEEDS
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201301557
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201301557 <br /> for the repass and restoation m 1 sim;h, paynrcneer in a senes of progress pay meats as the work is <br /> completed. if Elio insurance or condemnation proceeds are not sufficient to repair or restore the Property. <br /> Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br /> Lender or its agent may make reasonable entries upon and inspections of the Properly- ]fit has reasonable <br /> cause. Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower <br /> notice at the time of or prior to such an interior inspection specifying such reasonable cause <br /> 8. Borrower's Loan Application.Bonower shall be in default if. during the Loan application process, <br /> Borrower or am persons or entities acting at the direction of Borrower or with Borrow:Ss knowledge or <br /> consent gave tnatenalh false. misleading, or inaccurate nntwutation or statements to Lender (or failed to <br /> pow idle Lender with material utfomnation) in comectior: with the Loan. Material n•presentat ions include. buy <br /> are not limited lo, represoaatiotls Concerning Borrower-s occupancy of the Propert) as Rummer's principal <br /> residence. <br /> 9. Protection of Lender'slnterest in the Propertyand RightsUnderthis Security Instrument.If(a) <br /> Borrower. fails to perform the covenants and agreements contained in this Security Instrument. (b) there is a <br /> legal proceeding that might significantly affect Lender's interest in the Properly and/or rights under this <br /> Security Instn€ment(such as a proceeding in bankruptcy, probate. for condemnation or forfeiture, for <br /> enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br /> regulations). or(c) Borrower has abandoned the Property. theft Lender may do and pm for whatever is <br /> reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br /> Instrument. in...hiding protecting and/or assessing the i alnte of the Property. and seci Ring and]/or repay ring <br /> the Properly Lender's actions can inellule. but are not limited to' (a) pan mg any stunt secured by a hen <br /> which has pnonty over this See nit? Instrument: Ib) appearing in coude and (c) pavntg reasonable attomuy',- <br /> fees to proical its interest in the Prop:rti and/or rights under this Security Instrument. including its secured <br /> position in a bankruptcy proceeding Securing the Property includes. but is not limited to. entering 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 i iolabons or dangerous conditions. and have utilities turned on or off. <br /> Although Lender may take action under this Section 9. Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lender incurs no liability for not taking an) or all actions <br /> authorized under this Section 9 <br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower secured by <br /> this Security instrument. These amounts shall bee -nacres! at the Note rate from the dire of disbursement <br /> and shall ht. p.,‘able. with such mlelr.yl. upon pot ice from Lender to Borrower requesting payment. <br /> If this Secunn Instrument is on a leasehold.Borrower shall cr'wply with all the pros isrwus of the lease. If <br /> Borrower acquires lee title to the Property. the leasehold and the fee title shall not merge unless Lender <br /> agrees to the merger in writing. <br /> 10. Mortgage Insurance,lf Lender iequired Mortgage Intoned as a condition of making the Loan. Borrower <br /> shall pay the premiums required to maintain the Mortgage insurance in effect If, for any reason. the <br /> Mortgage Insurance coverage required by Lender ceases to be available front the mortgage insurer that <br /> previously provided such insurance and Borrower was required to make separately designated payments <br /> toward the premiums for Mortgage Insurance_Borrower shall pay the premiums required to obtain eOverrge <br /> substantially equivalent to the Mortgage Insurance previoush in effect. at a cost ;nbstantially equivalent to <br /> the cost to Borrower of the Mortgage insurance prvvrousli sin effect. from an alternate mortgage insurer <br /> selected b} Lender, if snbstanhah equivalent Mortgage Insunaucc coierage is not available, Borrower:hall <br /> NEBRASKA-Single Fam.y.Far ire Mae/Freddie Mac UNIFORM INSTRUMENT Form 3026 1.1:E. <br /> VMP U VMPB(NE)(1105)00 <br /> Wolters Kluwer Fnarna.Ser.•¢es Page c i 17 <br />
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