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201401665
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Last modified
7/20/2017 10:40:51 AM
Creation date
3/26/2014 10:44:30 AM
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DEEDS
Inst Number
201401665
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��14�1��5 <br /> for the repairs and re��orat�on�n a singl�payment or in a serie� of progr�ss payments as the wor�is <br /> completed, If the insurance or cand�mnatian proce�ds ar�not sufficient to repa�r or restor�the Property, <br /> Borrovver is nat re��ev�d of Borrow�r's obligation for the completian of such r�pa�r or restoratron. <br /> L�nder or its agent may make reasonable er�tries upon and inspecti�ns of the Pr�perty. If i�has reasonabX� <br /> cause, Lender may inspect the inter�or of�he improvements on�he Prop�rty. Lender sha��g�ve Barrow�r <br /> notrce at the time�f ar przor to such an int�rior inspec�ion specifying such reasonab�e cause, <br /> �. �o��o�re�'s Loan Appiication. Borrow�r sha11 be in defau�t if, during the Laan applicat�on process, <br /> B�rrower or any persons or�nt���es ac��ng a�th�direct�on of Borrower or with Borr�vver's knowledg�or <br /> consent ga�e mat�rial�y fals�, mis�eading, or inaccurate�nformat�on or stat�ments ta Lend�r�or failed to <br /> prav�de L�nd�r with materra.I information} in connection vvith the Loan. Material repr�s�ntati�ns znc�ude, �ut <br /> are not limited to, representat�ons concern�ng Borr�w�r's accupancy of the Property as Borrower's�rincipal <br /> residence. <br /> 9. P�rv�ec��an of LenderTs Ir��eres� in the P�oper�y and �ights lJnde� �his ��curity �nstrumen�. �f(a} <br /> Bflrrower fails to perform the co�enants and agreem�nts contain�d in this Se�uri�y�ns�rum�nt, �b}ther�is a <br /> Iegal proceeding tha�migh� szgnificantly affect Lender's int�rest in the Proper�y andlor righ�s und�r this <br /> Secur����nstrument�such as a proceeding in hankruptcy, probate, for condemnation ar farfeiture, for <br /> enforcement�f a lien�vh�ch may attain priority over this Secur�ty�nstrument�r to�nforce Iaws nr <br /> regulations}, or �c}Borrower has ahandoned�he Property, th�n Lender may do and pay for whatever is <br /> r�asonable or apprapriate�o protect Lender's xnterest in the Prop�rty and rights under thzs Securi�� <br /> Instrumen�, inc�udzng protec�ing andlar ass�ssing the va1u�of the Property, and seGurin� andlor reparring <br /> the Pr�p�r�y. Lender's actions can�nclude, but are not limited tn: �a�paying any sum� secured by a lien <br /> whi�h has priority over th�s Security Instrument; �b} appea.r�ng in cour�; and �c}paying reas�nable attorr�eys' <br /> fees t�prot�ct its interes�in the Property andlor r�ghts und�r�h�s Security Instrument, includzng z�s secured <br /> - pos�tran in a bankruptcy pro�eedzng. Secur�ng the Praperty�ncludes, but i�not limited�a, enter�ng �he <br /> Proper��to make repairs, change�ocks, r�place or board up doars and windotivs, drain vva�er from pipes, <br /> �lrminate buildirig or a�her code vro�ations or dangerous conditions, and have ut�����es turned on or off. <br /> Although Lender may�ak�action under this Section 9, L�nd�r do�s not have to d� s�and i�not under any <br /> duty or obl�gati�n ta do so. I�is agreed that Lender incurs no liabzlity for not taking any or all actions <br /> au�harized under this 5ect�on 9. <br /> Any amounts drsbursed by L�nder und�r th�s Section 9 shall become additional de]�t of BorroW�r secur�d by <br /> this Securit�Instrument. Thes�amoun�s shall b�ar�n�erest at the Note rate from�he da�e of dis�ursem�n� <br /> and shall be payab�e, vv�th such interest, upon notice from Lend�r ta Borrower r�quest�ng paym�nt, <br /> �f�his 5ecur���Instrument�s on a leasehoid, Borro�ver shall comply vv��h alI the provisi�n� of the lease. rf <br /> Borr�w�r acquire� fee ti�Ie to the Property, �he Ieasehold and the fee t��le shall not merge unless.L�nder <br /> agr�es to the merger in v�riting, <br /> 'i�3, M o rtga g e [r�s u r a n c e. �f Lender r�quired Mortgage Insuran�e as a condrti�n of makzng th�Laan, Barrower <br /> shall pay the premium�x�q��r�d to maint�in th�Mortgage Insurance in eff�ct, If, for an�reason, the <br /> Mortgage Insuranc��o�erage requir�d hy Lender ceases to b�availab�e froxn the mortgage�nsurer that <br /> prev�ously provid�d su�h insurance and B�rrower was r�quired to make separa�ely designated payments <br /> tovvard the�remiums for Mortgage Znsurance, Borrovv�r sha1�pay the premiums required to abtain coverage <br /> sul�s�antially equi�al�nt to�he Mor��ag�Insuran�e previousl��n effect, at a co�t substant�all�equ�va�en�to <br /> the cos�to Borrower of the Martgage Insurance previausly in effec�, from an alt�rna�e mor�gage insurer <br /> seZ��ted hy Lend�r. If substantia�Iy equi�alent Mortgage�nsuranc�coverage zs not available, Borr�vver shall <br /> N�BRASKA-SingEe Famify-Fannie MaelFreddie Mac UNI�QRM fNSTRUMENT �arm 3nZ8 110'! <br /> VMP� VMPS{N�y[1302y <br /> Wolters Kluwer Financial 5er�ices Page 8 of�7 <br />
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