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201407312
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7/20/2017 10:05:19 PM
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11/20/2014 2:39:25 PM
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DEEDS
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201407312
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��14�731� <br /> fi. ��cupan�y.Borro�ver sha11 occupy, establish, and use the Property as Borrawer's principal reside�ce <br /> within 6�days af�er the execution of this Security Instrument and shall continue to occupy the Property as <br /> Borrower's princ�pal residence for at least ane year after the date of occupancy,unless Lender otherwise <br /> agrees in writing,�vhich consent sha11 nat be unreasonably w�thheld,or unless extenuating circumsta.nce� <br /> ex�st v�hich are be��nd Borrower's cantrol. <br /> 7. Preservation,Maintenanceand Prote�t�or►af the Property;�nspect�ons.Borrov�rer shall not destroy, <br /> damage or impair th�Fr�perty,allow the Property to deterior�.te or cammit waste on the Property. �Vh�ther <br /> or not Borrower is residing in the Proper�y,Borrower sha11 maintain the Property in order to prevent the <br /> Praperty from deteriorating or de�reasing in value due to its condition.Unless it is de�ermined pursuant to <br /> Sectian 5 that repair vr restorat�on is n�t economically feasible,�orro�ver sh�.11 promptly repair the Propert}r <br /> if damaged to avoid further deterioration ar damage. If in.surance or condemnation proceeds are paid in <br /> connect�on with damage to,or the taking of,�he Proper�y, Bo�rower sha11 be respo�sible for repairing or <br /> restoring the Property only if Lender has released praceeds for such purposes. Lend�r may disburse prviceeds <br /> for the repairs and re�taration in a single payment or in a ser�es of progress payments as the work is <br /> completed. If the insurance or condemnation proceeds axe not suff�cierat to repair or restore the Property, <br /> Borrower�s nat re��eved of Bonower's ob�igation for the completion of such repai.r or restoratian. <br /> Lender or its agent may make reasonable entries upon and inspections of the Froperty. If it has reasonahle <br /> cause,Lender may inspect the interiar of the impravements oa the Property. Lender sha11 gi�e Borrower <br /> notic�at the time of or prior ta such an inter�or inspect�on specifying such reasonable cause. <br /> $. Borrower's Loan Applic�tion.Borrawer sha11 be in default if, during the Loan application.pracess, <br /> Borrower or any gersaas�r entit�es acting at the direction of Barrower or with Borra�ver's knowledge or <br /> consent ga�e materially false,mislead�ag,or inaccurate infarmation or sta.t�ments to Lender�ar failed to <br /> provide Lender with ma�eri�1 infarmation)in connection wi�h the Loan. Material representatians include,but <br /> are n.ot Iimited to,representa.tions con.cemin�;I3orrower's occupancy of the Property as Borrower's pr�ncipal <br /> residence. <br /> 9. Pratection�f Lenderr's Interest in the Propertyand Rights Under this Security Instr�ument.If(a} <br /> Borrower fai�s to perform the�ovenants and agreements contain�d in this 5ecuri�y'Ins�rument, �b}there is a <br /> legal pr�c�eding that might si�nifican�ty affect Lender's interest in the Pr�perty andl�r righ�s ur�der this <br /> Security�nstrument(such as a proceeding in bankruptcy,praba�e, for c�ndemnation or forfe�ture, for <br /> enforcement af a lien which may attain priorit�over this Security Instrument or to enforce laws or <br /> regulations),or(c}Borrow�r has abandoned the Pro�erty,then Lender rna�do and pay for whate�er is <br /> reasonable or appropriate ta pro�ect Lender's interest in the Froperty and rights under this Security <br /> Instrument, including protecting andlor assessing the value of the Property,and securing andlar repairing <br /> the Property. Lender's actions can inc�ude,but are not limited tn: (a}paying any sums secured by a lien <br /> which has�riority over�his Security Instrument;�b}appear�ng�n court;and(c}paying reasoaable attomeys' <br /> fees to protect its interest in the Pr�perty and.far rights un.der this Security In.strument, includ�ng its secured <br /> position in a�a�ruptcy proceeding. Securi�g the Praperty includes,�ut is nat limite�l to, �ntering the <br /> Property to make repairs,change locks,replace or board up doors and�indows,drain tivater from p�pes, <br /> el�rninat�building or oth�r�ode violatians or dangeraus condition�,and have utilities turned on or off. <br /> A�t�ough Lender may ta.k�action under this Section 9,Lender daes not have t�do so and is not under any <br /> duty�r obligation to do so. It is agreed that Lender incurs no liab�lity for not taking any or all actions <br /> authori�ed under this Section 9. <br /> q�3333468828 4233 277 4817 <br /> NEBRASKA�ingle Family-Fannie MaelFreddie Mac L1hIIF�RhA�NSTRUMENT WITH MERS Form 3428 1141 <br /> VMP� VMPfiA�NE}�1342}.44 <br /> Walters Kluwer Financial Sen►ices Page 8 of 17 <br />
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