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201401985
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Last modified
7/20/2017 10:48:27 AM
Creation date
4/7/2014 11:52:57 AM
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DEEDS
Inst Number
201401985
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��14�1955 <br /> for the repairs and restoration in a single payment or in a ser�es of progress payments as xhe work is <br /> campl��ed. If the insurance or condemna�ion proceeds are nox sufficient to repa�r or restore�he Property, <br /> Borrower is nat relie��d of E�rrower's abl�gat�on for the camp�etian of such repa�r or restvratian. <br /> Lender�r its agen�may make reasonabie entries upon and it�spec��ons of the Property. If i�has reasonable <br /> cau�e, Lender ma�inspec�the in�er�or of the impro�emen�s on the Praperty. Lender shai� give Borrawer <br /> no�ice at the time of or priar to such an xnterinr inspection specif�ing such reasonabie cause. <br /> 8. Borrower's Loen App[[cation, Borrower sha11 be in defauit if, during the Loan appl�cation process, <br /> Borrower ar any persons or entxties acting at the d�recti�n of Barrower or with Borro�ver's knowledge or <br /> consent ga��ma.terial�y fa1s�, misleading, or�naccurate�nformatiion or statements to Lender(or faxled ro <br /> provide Lender w�th material informa.�ion} in cannect�on with the Loan. Materia�.represen�a�ions include, bu� <br /> are not�rmited to, representations c,ancerning B�rro�rer's occupancy af the Prop�r�y a.s Barr�wer's princxpa.� <br /> resid�nce. <br /> 9. Protection of Lender's �nterest �n the Property and Rrghts Under this Secur�ty �nstrument. If(a} <br /> Borrower fails to perform�he co�enants and agreements conxained�n this Security Instrument, (b}�here is a <br /> xega�prviceeding�hat migh�significantiiy affect Lender's i.nterest in the Property andlor rights under this , <br /> Sec�urxty Znstrument�such as a proce�ding in bankruptcy, probate, for condemnation or forfeiture, for <br /> enforcement of a Iien which may attain priority over�hxs Security Ins�rumen�or to enforce laws�r <br /> r�gu�ations}, or tc}Borrower has abandoned the Proper�, then Len.der may do and pay for whate�er is <br /> reasonabie or appropr�ate tio pro�ect Lender's interest in the Properxy and rights under this Secur�ty <br /> Ins�rurnent, including protec�ing andlar assessing�h.e�a�ue of the Property, and securing andlor repair�ix�.g <br /> tihe Property. Lender's actions can include, bu�are not limited ta: �a}paying any sums secured by a 1i�n <br /> which has priority o�er thi�5ecur�ty Instrument; �b}appearing in caurt; and�c}pa��.ng reas�nable attorn�ys' <br /> fees ta prv�ect�ts interest in�he Property andlor rights under this Security �nstrum�nt, including its secured <br /> posxtion in�bankrup�cy praceed�z�g. Secur�ng�he Praperty inciudes, but�s nvti Iimi�ed to, enter�.ng the <br /> ProperCy to make repairs, change locks, replace or board up doors and w�ndvws, drain wa�er fram pipes, <br /> e�iminate building or o�her cod�vxolations or dangerous conditians, and ha�e utx��t�es turned on or off. <br /> Althnugh Lender may take act�on und�r�his Secxion 9, L.�nder does no�ha�e to do so and�s not under any <br /> duty or obl�gat�nn to do so. It is agreed�hati Lender incurs no liability for not taki.n.g any or a11 actians <br /> authorized under this Section 9. <br /> Any amounts d�sbursed by Lend�r under this Sec�ion 9 shal.i become additxona�.debt of B�rr�wer secured by <br /> �his Secur�ty Instrument. These amounts sha��bear in�eresx at xhe IVot�ratie from th�date of disbursement <br /> and sha11 be payable, vvith suGh in�erest, upon notice from.Lend�r to�rrower requesting paym�nt. <br /> If this Security Ins�rument is on a Iea.s�ho�d, Borrawer sha11 compxy with a1I�he pra�risxons vf the Iease. If <br /> B�rrower acquires fee titiie to the Prop�r�y, �he Iea.sehold and�h.e fee title shall not merge uniess Lender <br /> agrees xo the m�rger�.n writing. <br /> ��. Mortgage lnsurane�. If Lender required Mortgage�nsurance as a condit�on of making the Loan, B�rro�rer <br /> shall pay the premiums required to maintain the Mor�gage Insurance in�ffect. If, for any reason, the <br /> Mortgage Insurance coverage required by Lender ceases to be avaa.Xable fram the mortgage uLsurer that <br /> pre�r�ously pro�ided such i.nsuran�e and Borrower v�as required ta ma.�e separately desxgna�ed payments <br /> to�va.rd the premiums for Mortgage Insurance, Barrower shall pay the premiums requirexl�o obtain co��rage <br /> substan�ially equx�a.�ent to the Mor�gage Insurance previousiy in eff�ct, at a c�st substantial�y equi�a�ent to <br /> the cosi�to�rrower of�he Mor�gage Insuranre pre�iously in effec�, fram an alternate mor�gage insurer <br /> sexected by Lend�r, If substantially equivalent Mortgage�nsurance ca�erage is no�aWai.�able, Borro�ver sha�� <br /> NEBRASKA-Single Family-�annie MaelFreddie Mac UNI�ORNi 1NSTRUMENT Fcarm 3�28'�101 <br /> VMP� VIIlIP6�N���13�2f.00 <br /> Wpiters Kluwer Fin�nCi�l S�r�i�es Pag�S of 17 <br />
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