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201400759
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Last modified
7/20/2017 10:17:28 AM
Creation date
2/10/2014 10:44:38 AM
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DEEDS
Inst Number
201400759
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��14��759 <br /> far�he repairs and r�storatian in a single paym�nt ar in a series af progr�ss paymen�s as the work is <br /> comple�ed. �f the insurance or candemna�ion proceeds are no�sufficien��a repair or restare the Proper�y, <br /> Borrow�r is n�� relie�ed of Barrow�r's abligation for the c�mpletion of such repair or restoration. <br /> Lender or i�s ag�nt may m�ake rea�onable entrie�up�n and�nspec�ions of�he Proper�y, �f it has r�asanab�e <br /> cause, Lender may in�pec�the interiar of the improv�m�nt�on�he Pr�per�y, Lend�r shall giv�Borr�wer <br /> notice a�th���me�f�r prior to �u�h an in�er�ar�nspe�tion specifying such reasonab�e cause. <br /> 8. Borrower's Loan Application. Borraw�r sha�l be in defaul� if, dur�ng�he Loan app��cat�on proc�ss, <br /> Borrawer ar any persons or ent���es aeting at the d�rectzan af Borrower or wi�h Borrower's knowltdge ar <br /> c�nsen�gave material�y fals�, rn�.�sleading, ar ina�curate�nforma�ian or sta�ements to Lend�r�or faz��d �o <br /> pr���de Lender w�th material �nformati�n} �n�onnecti�n w�th�he Loan. Ma�erial repr�sentat�ons �nc�ud�, but <br /> ar�not�imEa�ed ta, repr�sentat��ns�oncern�ng Barr�wer'�accupancy of the Praperty as Borrower's pr�ncipal <br /> r�sidence. <br /> �. Pr�tectivn of Lende�'s Interest in the Property and Rights Under this Security �nstrument. �f�a} <br /> B�rrawer faz�s to p�rform th��aW�nar��s and agre�rne�.t�contained �n this Securit� �nstrument, tb} there�s a <br /> �egal pro�eeding t�a�mxght signifcant�y aff�ct Lend�r's int�res� �n the Prop�r��r andl�r r�ghts under this <br /> Security Instrumen�tsu�h as a proc��ding in bankruptcy, prabate, f�r�andemna�ion or forfeiture, for <br /> enforc�men�af a�ien which m.ay a��ain priority over this Security �nstrumen�or to enforce laws or <br /> regulati�ns}, or�c} Barrawer ha� abandoned the Praperty, then Lender may da and pay far whatever is <br /> reasanable or apprapria�e to protect Lender's interest in the Property and rights under this Secur�t� <br /> �nstrument, �ncZud�n�pr�tecting andlor assesszn�the valu��f�he Property, and secur�ng andlar repairing <br /> the Proper�y. L�nder's acti�ns �an inc�ude, but are not lim��ed�o: �a3 pay�ng any sun�s s�cur�d b� a lien <br /> which has priority o�er thzs S�cur�ty �nstrument; ��} appear�ng �n cour�; and �c�pay�ng reasonab�e attorneys' <br /> fees to pratect�ts interes� �n the Proper�y andl�r rights un��r��is Securit� Instrument, �n��udz�g��s s��ured <br /> posit��n�n a bankrup��y prace�ding. Secur�ng the Property �nc�udes, �ut zs n���imited to, en�er�ng�he <br /> Propert�r tn nza�e r�pairs, �hange loc�s, rep�ace or b�ard up doors ar�d w�ndov�s, dra�n water fr�rr�pipes, <br /> elim�nate building ar ather cad�v�a�a�ions ar dangeraus cand���ans, and ha�e ut��ities turned on ar off. <br /> A��hough L�end�r may take ac��on under this Sectian�, L�nder do�s not have to da so and is not under any <br /> du�y ar obligation�a da�o. �t is agreed tha� Lender incurs no�iabil�ty far nat taking any or al� action� <br /> author�z�d under�his Sec�ion 9. <br /> Any amounts disbursed by Lender under this Secti�n 9 shail be��me addi�iona� de�t of Barrawer secured by <br /> th�s Secur�ty �nstrumen�. These amounts sha�l bear�nterest at�he N'ote rate from�he date flf disbursem�n� <br /> ax�d shall be payable, with such in�erest, upon na�zce fro�n Lender to Borrower requesting pa�men�. <br /> If th�s�ecurity ��strum�nt is on a��aseh��d, Barrower shall compiy v�ith al� �h�prov�si�ns�f th��ease. �f <br /> Borrower acqu�res f�e tit�e t� the Pr�per��r, the�easehold and the fee ti��e shal�no�merge unless Lend�r <br /> agree�to th�merg�r�n wrzting. <br /> 'I�. lUlnrt�age Insuran�e. �f Lender required Mar�gage�nsurance as a conditi�n of making the Loan, Borrou�er <br /> sha11 pay the premiums required to maintain the Mar�gage Insurance in effect. If, far any r�as�n, the <br /> Mortgage Insurance co�erage r�quired by Lender ceas�s ta be ava��ab�e from the mor�gage�nsurer�hat <br /> prevz�us�y prav�ded such insurance and Borrower was required�o make separa�e��r des�gnated payments <br /> toward the prem�ums far Martgage�nsurance, Borrower sha.�l pay�he premzun-�s required ta obtain�overage <br /> substantially�qui�alen�ta the Mar�gage�nsurance prev�ous�y in effect, at a cost substantially e�u�valen�to <br /> the c�st t�B�rro�ver of�he Mor�gag�Insurance previous�y in effect, from an a�t�rnate m�rt�age�nsurer <br /> s�l��ted by L�nder. If substantially�quivalen� Mar�gage�nsurance�o�erag��s nn�a�a��ab�e, Borrawer shall <br /> NE6RASKA-Single�amily-Far�nie MaelFreddie Mac UN�F�RM�NSTREJM�NT �arr►�342$�1�1 <br /> VMP� VMPfi4N��t1302� <br /> Wolters Kluwer�inancial Ser�ices Page 8❑f#7 <br />
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