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201403839
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Last modified
7/20/2017 7:51:43 PM
Creation date
6/26/2014 2:30:39 PM
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DEEDS
Inst Number
201403839
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��14�3539 <br /> for th�repazrs and restorat�on in a singl�payment�r�n a ser�es of progress payments as the work is <br /> comp��ted. If the�nsurance or�ondemnat��n pr�ceeds ar�not�uff�cient to repair or restore the Pr�perty, <br /> Borrower is not r��ieved of Borrau�er's flb�zgat�an for the c�rnpletian of such repa�r or restora�ion, <br /> Lender or i�� agent may make reasonable entries up�n and inspections of the Praper�y. If it has reasonab�e <br /> cause, Lender may �nspect the inter�or af the �mpro��ments�n th�Proper�y. L�nder sha11 gi�e Borrower <br /> no�ice at the t�me of or prior�o such an int�r�or�nspe�tian spec�fy�ng su�h reasanabl�cause. <br /> 8. Bvrrawer's Loan App��cat�on. Barr�wer sha�� be�n d�fau�t if, dur�ng th�Laan app���atian process, <br /> Borrow�r ar any pers�ns or en�ities act�ng at th�direction of B�rr�wer or�vith Borrower's knowl�dge or <br /> consent ga�e ma�eria��y fa�se, mxs��ading, or inaccura�e�nfarmat�on flr s�atemen�� to Lender�or fa��ed ta <br /> pra��de L�nder wi�h mat�rial information} �n connec��on w�th�h�Loan. Material representa��ons include, bu� <br /> are not limited to, repr�s�ntat�ons cnncerning Borrower's�ccupancy of the Proper�y as Borrower's pr�ne�pa� <br /> residenC�. <br /> 9. Protecti�n of Lender's �nterest in the Prvperty and Rights Under this Secur�ty instrument. �f�a} <br /> Bflrrovver faiis t�perf�rm th�covenants and agreements contained in this Secur��y �ns�rument, �b} there�s a <br /> Itga�proce�d�ng�ha�might��gnzf�can�l� affect L�nder's inter�st in the Property andlor rights under thi� <br /> Se�ur��y �nstrument �such as a proceeding in bankruptcy, probate, for cond�mnation�r fflrfeiture, far <br /> enf�rcement af a Iien which may attain prior�t�r o��r thzs S�cur��y �nstrument or�o enforce�aws or <br /> reguiations}, �r�c} Borrower has abandnned the P�operty, then L�nd�r may da and pay far wha�ev�r�s <br /> reasonab�e�r apprapria�e to pr�tect Lender's interest in the Prop�r�y and r�ghts under this�ecur�ty <br /> Instrumen�, �nciud�ng pro�e���n�andlar as�essing the va�ue of�he Pr�p�r�y, and securing andlor repairing <br /> the Proper�y. Lender's ac�ions can inciude, �ut are not lim�ited ta: �a}pay�ng any sums secured by a lien <br /> which has priority��er�his Secur�ty �nstrument; �b} appearing in cour�; and �c}pay�ng rea�onab�e a�torneys' <br /> fees to prateG���s in��r�st�n th�Pr�per��andlor ri�hts under this Secur��y �nstrumient, includ�ng ��s secured <br /> pos���on�n a bankruptcy proceeding. Securing�h�Praperty includes, but�s nat l�mit�d t�, entering the <br /> Property to make repairs, change locks, rep�ace ar board up doors and v�ind�v�s, drazn water fram pipes, <br /> e�iminate building�r�ther code�i�lat��ns or dang�rous cand��zons, and ha�e u���i�ies�urned�n�r off. <br /> A�thaugh Lend�r may take acti�n under this Section 9, Lender d�es not have�o do so and is no�under any <br /> du�y or abli�at�an�o do s�. ���s agreed tha� L�nder�ncurs no ��ab�izty for not tal�ing any or aI� act�ons <br /> au�hor�zed under�his S�ction�. <br /> Any am�unts d�s�urse�by Lender under th�s Sectian 9 sha�l become additiona� debt of Borraw�r secured by <br /> �h�s Secur�t� �nstrument. These amaunts shall �ear interest at the Note rate from the dat��f d��burserr�en� <br /> and sha��be payab�e, with such intere��, upon n�tice from Lender to��rrower re�u�st�ng payment. <br /> �f this Securit�In�trument i�on a leaseha�d, Barrower shall compiy�v�th al� the pra��sions af the�ease. �f <br /> Borrower acquires fee tit�e to the Proper�y, the I�as�hold and the fee tit�e shall nat merge un�ess Lender <br /> agrees to�he mer�er in wr���ng. <br /> �C�. Ntortgage Insurance, If Len�er requi�r�d Mor��ag��nsuran�e as a cond��ion nf mak�ng th�L�an, Barro�rer <br /> sha�l pay the pr�miums requir�d ta ma�ntain the Mor�gage Insuranc�in effec�. �f, for any reason, the <br /> Mortgage�nsuranC�co�erage requ�r�d by Lender ceases t�be available fr�m the m�rtgage�nsurer tha� <br /> pre��ous��pr�vided su�h insurance and Borrower was re�uir�d�o mak�separate�y designated paym�nts <br /> ��v�ard the premiums far M�r�gage Insurance, Borrflwer shal�pay the pr�miums required ta ab�ain c�verage <br /> subs�antially equiWa�en�to the�ortgage�nsurance pre�iausly in effect, a�a cost substan�ialiy equi�a�ent�� <br /> �he c�st ta Borrower of the Mor�gage�nsuran�e previous�y in�ff�ct, from an alterna�e m�rtgage �nsur�r <br /> s��eGted�y Lend�r. If substantial�y equi�a�en�Mar�gage�nsurance��verage is not a�a�lable, Barrow�r�hali <br /> N�BRASKA-Sing�e�amily-Far�nie MaelFreddie Mac UNIF�RM iNSTRUMENT Form 3�28 1107 <br /> VMP 0 VMPSfNE){'�342y <br /> Wa[fers Kluwer Financial Ser�ices Page 8 of 17 <br />
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