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201401367
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Last modified
7/20/2017 10:30:32 AM
Creation date
3/12/2014 9:48:24 AM
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DEEDS
Inst Number
201401367
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201401367 <br /> 6. OCCupancy. Borrower shaIi accupy, establish, and use tl�e Property as Borrower`s principal residence <br /> within 60 days after the execution of this Security Instrument and shall cantinue to occ�py the Property as <br /> �orrower's grincipal residence for at least ane year after the date af occupancy, unless Lender otherwise <br /> agrees in writing, which cansent shall not be vnreasonably withheld,. or unless extennating circumsEances <br /> exis�which are beyand Borrower's contcol. <br /> 7. Preservafinn, Maintenance and I�o#ection of the Property; Inspections. Borrower shail not destray, <br /> damage or impair the Property, allo�v the Propei�y to deteriorate or commit waste on the Praperty. Whether <br /> ar not Barrovver is residing in t}�e Property, Borrawer shalI maintain the Property in order ta prevenk �e <br /> Froperty fram deteriorating or decreasing in value due to its co�dition. UnTess it is determined pursuant to <br /> Section 5 that repair or restaration is not econamically feasible, Borrower shall promptly �repair the�'roperty <br /> if damaged to avoid further deterioratian or damage. If insurance or wndemnation proceeds are paid in <br /> connection with darnage to, or the taking of, the Property, Borrower shall be responsible for repairing or <br /> restQring the Pragerty only if Lender has released proeeeds far such purposes. Lender may disburse proceeds <br /> for the regairs and restoration in a single payment ar in a series af progress payments as the work is <br /> completed. If the insvrance or condernaat�on proceeds are not suff'icient to zepair or restore the Property, <br /> Borrower is not relievecl of Borrower's obligation for tfie campletian af such repair or restaration. <br /> Lender or its agez�i may matte reasonable entries upan and inspections af the Froperty. If it has reasonable <br /> cause, Lender may inspect the intezio�r af the improvements an the Property_ Lender shall give Borrower <br /> notice at the time of or prior to such an interior inspeetian specifying snch reasonabie cause. <br /> 8. Borrower�s Loan Application. Barrower shall be izi default if, during the Loan applacat�on prdcess, <br /> Barrower or any persans or entities acting at the direetian of Barrawer or with Borrovuer's knowledge or <br /> consent gave materially false, misleading, or inaccurate i�formaiion or statements to Lender (or failed to <br /> provide Lender with material informatian) in connection wifh fhe Loan. Material representatians iz►clnde, but <br /> are not I�ited to, representations cancerning Barro�rver's occupancy of the Proge�rty as Borrower's principa� <br /> �'esidence. <br /> 9. Protectian of Lender's Ir�terest in the Property and Rights Under this Securi#y Instrurnertt If{a) <br /> Borrower faiis to perfarcira the covenants and agreements contained in this Secnrity Instrument, (b) t�►ere is a <br /> legal proceediz�g khat might significantly affect Lender's interest in the Pcoperty andlar rights nnder this <br /> Security Instrument {such as a parnceeding in bankruptcy, grobate, for condemnation or forfeiture, for <br /> eriforcement af a lien wt►ich may attain prioriry over this 5ecur�ty Instrument or to enfarce laws or <br /> regulations), or {cj Barrower has abandoned ihe Property, then. Lender may do and pay for whatever �s <br /> reasonabie or apprapriate to protect Lender's interest in the Property and righfs �nder this Security <br /> Instr�uaent, incladi�g protectir�g and/or assessing the value of the Property, and securing andlor repairing <br /> the Property. Lender's actions ca� ia�clude, but are not limiEed to: (a) paying any sums secured by a lien <br /> w�ch has priority aver this Secryrity Instruinent; (b) appearfng in con�t; and (c) paying reasonable attorneys' <br /> fees to protect ifs interest in the Property andlor rights u�der tius Security Instrument, including its secured <br /> position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the <br /> Praperty to make repaiurs, change locks, replace or board up doors and windaws, drain water �far�r� pipes, <br /> eliminate bnilding or other code violations or dangerous conditions, a�d have nti�likies turned on ar off. <br /> Although Lender may take action under this Section 9, Lender does not have to do so and is not �nder any <br /> duty or oblagation ta da so. It is agreed that Lender incurs no liahility far not taking any ar all actions <br /> autha�`izeri under this Seciion 9. <br /> QQ7123873783 ' I�1123873783] <br /> N£BRASKA-Single Family-Fann9e MaelFreddie Mac UN[FORM WSTRUMENT wE"1'H MERS Fprm 3028 110'1 <br /> VMP� _ VMP6A(N�(1302}.00 <br /> Wo3ters Kluwer Fir�ancial Ser�ices Page 8 of 17 <br />
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