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201400820
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Last modified
7/20/2017 10:19:28 AM
Creation date
2/13/2014 9:19:22 AM
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DEEDS
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201400820
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��14��5�� <br /> ���t be exe�-cised��nreasaz�ably. I�ender n�a��r��u�re�3or�-o���•t��ayry in�onnectio��with t��is Loan, eith�er: �a}a an�- <br /> �ime charge f�r flood �on�de���•�ni��a�io�., certifica�i�n and t�-ac:kin�s�rWi�es;�r�b�a«��e-tY�ne���arge fQr flood zane <br /> d��ern�i��ati ar�a��d cet-ti f catio��s�r��ic�s a��d suhsequ�n����ar��s�ac�7 tim e�-�mappin�s c��-sim a la�•ch an�es oc�:ur w h i c}� <br /> r�asonab�y ��ib��f affec�suc�� de�erm�na����� �r ce�•tif ca�ia��. F�Urro�e.r s��al� also be responsibl� fo�•the p�ymen�of <br /> a�y fees in�pased�.�� �he F�d�ra� �m�r�Gnc4� Ma��abemen� Ag�nc�� i�� connec:tion �rith ����r��rie�nx a�`any ���od T�.���e <br /> determ in atian �-es���tin� f�am ar� ob�e��ion b���Borrowe.r. <br /> If.�3arro��er faiis�o n�air��ain any of�he�:�ve�-a�es�.es�ribed abo�e, T.�ender�nay oh��.in insurance�a��e�-a�e, at <br /> I�en�er's o��ian and Borrc��ver's exper�se. Lender�s ur�c��r ��o �bli�a�ion to pur�hase a��y� particular type or amau��� <br /> af��vera�e. TTh�.refar�, suGh cov��ra�e shall caver I.������r, �3��� m i�;��t or m igh� not pr�te�� B��r.ro���er, B�rrower's <br /> �a��i�}�in���e Prope�•ty, ar the c�����ents af th�e Px•aperty, a�a�nst an�risk, haaard ar��.abi�it� and l�ight provide bn•ea�ter <br /> ar �esser co�vzra���ha��v�as p�-��iousl� ix� effee�. Ror�-���er aG�.nov�rled�e����a��he cas�of�l�e ir�surance co�era�e so <br /> obtained mi���t si��mif�cantly e�.ceed t�ae c�s�af i��s�i.rar�ce that Borrov����-could have obtained. An�� amo��n�s di5�ursed <br /> by�i.�ender�.�nder t��is�ection S shall��ec�m�additional de��af Barrow��secured�ay t��is��curity�.In��r-��me��t. These <br /> amaunts s��al� ��ear in�e�-est a��h�N���e ra�e frfl�n the da�e of c��s�uY-semen�a�7d sha�l b� payable, ��r�th such i���res�, <br /> upor� n��ice fro�n Lender�o�3�rrower reQu�s�ing payl��en�. <br /> �1� insurance pc�liGies r�q��i.red b�� Lender and ren����als of such palicies shall b� s�ibjec� tio Le��der's righ�to <br /> disapprn��e such�olicies, s�a�] �nc��i�e�stand�rd�no.rt�abe c�au�e, �nd s��all na�n�I.�en�er as n�orti�a�ee and�ar as�.n <br /> ad�itianal l�ss�a��e. Lender sha�l hav�the.ri�h��o hoid the p�lici�s an� rene�val ce�•tificate�. If I�end��-�-ea��ires, <br /> �3arra��ver s��all promp�ly give to L�e��de�•a�� receipts of pai�pre�r�iu�ns and ren�wa��o�ices. :if Bo.r�•o����r obtains an�r <br /> far�n of insL�ra��c�c:ove�-��e, n�f c��l�erwis�reyuired by I..e��de�-, for�ama�e to, c�r d�struction of, �h�Property�, suc}� <br /> palic}�f shal� i��c�ude a standard mort�a�e �:lause and s��al� naYne Iaender• a�mor��agee apolat• as an addi�ic�na� ��ss <br /> pa�ree. <br /> In the�:uent of�oss, Bnrr���ver shali �,i�e pro�np�natiee to��e insuran�e carrier and Len��r. L-ender�nay mak� <br /> �raof of loss if�70� made prompt�y �y B�3rrQ��er. U�7�es� Len�er an� �3arr�wer o���erw�se a�7ree i�� r�vri�in�, any <br /> ii�sura��Ge proceeds, w�hzt��e�•or na�the underlyi��� insurance���as re�u�red b�I.�en.der, shall ��ap�l��d t�res�ora�ion <br /> or repaar of���� Prope�-��. if the restara�iQn or repair is econam�call� f�asibl� and Le��.der's security is not less�ned. <br /> D��•in� suc��repa�r az�d�•�s�arati�r� �eri�d, Lender shall have�h� r��ht�o��old such insu�-an�e p�-aceeds ux��il �.,e��de�• <br /> has ���d a�� opportuni� ta i��spect sL�c}� Prop�rt�� �o ensure �he �.��rk has b�et� �omp��ted to i��t�de�-'s sa�i�factior�; <br /> pro�i�ded �hat such inspectian shall ��� u��de�-take�� prom�tl��. I_fender may disburse prace�ds far ���e repairs anc� <br /> res�ora�i�n in a sin�;le pavmenti ar in a Seri��of prc��ress paymer��s as the�vo�-k is�omp�etied. Un�ess an a��-eement <br /> ��made in wri�in� or Appiicable La��r.r��u�res int��•est ta be paid on s�.ic�� insuran�;e�raceeds, L�nder shal� ��a� be <br /> reQuir�d t�pay F3ort•or����-�n�ipteres�or earnin�;s on such p�-�c�eds. Fees for public adjusters, or other third parties. <br /> re�a.�ned by� Borra��r shall r�ot be pa�d out of���� ir�su.rance p.ro�eec�s and shal� ��e the so�e oblrtba�ian of Borrower. <br /> �f�he restorat�or��r re�air is no�eco�iomi�ally fe�.sible or I.�ende�-'s secu�•i�y v��ould he les�ez�ed,the izasu.rance praceeds <br /> sl�a�l be appl��d to the sums sec�ire�by this Securit}•I��strument, wl�e�her or��ot�hen due, ��i����he excess, if any, paid <br /> ta Borro���er. Such i��s��rance pr��:eeds�h�.�� be�ppl ied in the order pra�ided for i.n SeC��o���. <br /> If�3�rro��rer abandons �he Proper��, I�ender �nay �i�e, ne�otia�e and settle any a�ailable insuranc�e clai�r� a�d <br /> relatied�nat�e�•s. If�3orro��re�-�oes no� respond w�i�hin 3�day�to a�Z�txce f�-om I.�ender���at the ii�surance carrie.r�as <br /> offered �a settl� a�la�rn, thzn Lender�nay ��ebot�a�e a��d se��le the c�a�m. T��e 30-day pe.r��d �nril.i begin wh�n �h� <br /> noti�e is�i�ven. In eit��er��en�. Ur if Lende�•acqui�-es#����Pr�pert� under S�c�ion?2 07-otherwise, Borra�er hereby <br /> assi�ms to �a�r�der �a} Bor�•ow�er'S ri��ts to �.n�� �nsu�•ance proc�eds in an amour��na� to exceed the an�ounts �.�npaid <br /> under t��e Note or this Se���ri�y .in5t�-ument, �nd��any other of�3arra��er's�ri��ts�other t�an th�righ�ta any refund <br /> �f u��earned pre�niu����paid by �3o�•ro�nfer-�under a�I insuran�e po.lic�es covering the Proper�y, i.nsofa�• as such ri�h�s <br /> are a�piicabie�o th�covera�;e of the Prop�rt�. Lender rnay use the in�urance proce�ds eith�t•�o repa�r c�r restnre�he <br /> Prapert� ��•to pay amQunt� unpaid und�r�he Nc��e or����s Se�urity �n�trumen�, �r�ether or izot then due. <br /> �. []ccup�ncy. �c��-ro�ver s��al� occupy, est�.blish, and use�h� Prop�rt�f as Barrower's princ;ipa� residence <br /> �•i�hin�0 days after the execu���n of�his�ecu�•it��Instr��m�nt and s��s�l�cor�tinue to�ccupv�he P�•ope�r�y a�B�r.row�r's <br /> prin�ipal re�ic�ence for at least o��e year after�he da�e of r��:cu�an�yr, un�ess L1�r1d��-o�heru�ise abrees in v�ri�i���, which <br /> NEBRASKA--Single Family--Fannie IVIaelFr�ddie Mac UNIF�RIVI INSTF�UMENT - MERS �nc�lla��c��,'� <br /> Form 302$ 1I�1 Page 6 of 1� www_d�cmagi�.com <br /> � . <br /> . <br />
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