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201501365
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Last modified
7/20/2017 11:01:32 PM
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3/6/2015 2:55:52 PM
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201501365
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��15�13�5 <br /> for�he repairs and restarat�on �n a s�ng�e payment or in a series af progress payments as the v�rork is <br /> �omple�ed. If the insurance�r cand�mnat�an pr�ceeds are no�suff�cient to repair or res�ore the Proper�y, <br /> B�rrawer is nat reiieve�af Bflrro�ver's�blxga��on f�r the campie�ion af such repair or restorat�on. <br /> Lender or its agent may make reasonable en�r�es upon and �nsp�ctians af th�Property. If zt has reasona��� <br /> cause, Lender may insp�c�the �n�erzor�f the�mpro��ments�n�he Pr�per�y. Lender shalx gi�e Barrovwer <br /> notice at the time of nr pr�or to such an �nter�or�nspection specifying such reasonab�e cau�e. <br /> 8. Barrower's L�an Appli�ati�n, Borrower shall be in d�faul� if, during�h�Loan app�ication process, <br /> Borrower ar any persons or ent�tie� acting at�he direct�on af Borrower�r with Barrower's knowle�ge ar <br /> c�nsen�gav�ma�erially fa�se, m�slead�ng, ar xnaccurate�nfor�nation�r statem�nts�� Lend�r�or faz�ed tfl <br /> pravide Lender�ith material �nf�rmat�on} xn conne�t�an w�th�he Loan. Mater�al representa�zons �nc�ud�, �ut <br /> are na��imited to, representat�ons conc�rnzng Borrower'�occupanc�of the Proper�y as B�rr�wer's principal <br /> r�sidence. <br /> 9. Protecti�n vf Lender's �nterest in the Prvperty and Rights Under th�s Security �nst�ument. �f�a} <br /> Borr�wer fails to�erform the cov�nants and agreements contained�n th�s Se�ur�ty �nstrument, �b}�h�re �s a <br /> �ega�proceed�ng tha�m�gh�s�gnz�cantl�affec� Lender's int�r�st�n the Pr�perty andlar rights under this <br /> Secur�ty �nstrument �such as a prflc�eding in bankruptGy, pr�bate, far condemnation or forfeiture, for <br /> enfor�ement�f a Iien whi�h may atta�n pr��r�ty over thzs Security Ins�rument or to enforce laws or <br /> regu�ations}, or��}Borrow�r has a�andoned�he Proper�y, then Lender may do and pa� for whate�er is <br /> r�a�anab�e or appropr�ate to prfl�ect Lender's interest in the Praperty and rights under thzs Securi�y <br /> �nstrun��nt, inc�uding pratecting andlar assessing �he value of�he Proper�y, and secur�ng andlar repa�ring <br /> the Pr�per�y. Lender's acti�ns can�nclud�, bu�are n�t�im�ted�a: �a}paying any su�n�s secured by a l��n <br /> vvhich has priority o�er�his S�curity �nstrument; �b} appearzng �n court; and�c}paying rea�onable at�arneys' <br /> fees��pro��ct�ts inter�st�n the Propert�r andlor r�gh�s under�h.is Security Instrument, �n��ud�ng its se�ur�d <br /> position in a bankruptcy proceeding. Securing th� Property �n�iu��s, but �s nnt��muted ta, enter�ng the <br /> Praper�y�o make repa�rs, change locks, rep�ace or board up d��rs and wind�ws, dra�n water fr�na pipes, <br /> e�im��na�e bu��d�ng�r other cad��iolations�r dangerous CQnd�t�ans, and ha�e uti��ties turn�d on ar�ff. <br /> Alth�ugh Lend�r may take ac�i�n under this S���i�n 9, Lender d��s not ha�e to do so and is not under any <br /> duty or ab�igati�n�o do s�. ����agreed that I�ender�ncurs no Iia�ility for not taking any or a�l ac�ions <br /> au�h�rized under this Sectzan 9. <br /> Any axnounts disl�ursed by Lender und�r thi� S�ction 9 sha11 become add�t�onal debt af B�rrow�r secured by <br /> this Securi�y �nstrumen�. These amaun�s shal�bear in�erest at the No�e rate fram�the dat��f disburs�m�nt <br /> and sha��be pa�a�le, wi�h such interest, upan n��ic�from Lender ta B�rraw�r requesting pa�men�. <br /> �f�his Securit� Instrument �s on a�easeha�d, Borrower sha�l comply w�th all the pro����ons af the lea�e. �f <br /> Borrower acquires fee txt���o�he Proper�y, the l�as�hai�and the f�e t���e sha1� nat merge unless L�nder <br /> agrees to�he merger�n writing. <br /> 7 D. Mortgage �nsu�an�e. �f Lend�r r�quir�d Mnr�gage�nsurance as a condi�ian af making the Loan, Borrower <br /> sha�l pay th�premiums requ�r�d t� �nain�ain the N�ar�gage��nsurance in effect. �f, for any reason, the <br /> Mor�gage�nsuranCe co��rage re�uired by Lender ceases ta be avaiiab�e from�he mor�gage�nsurer that <br /> pre��ously grovided such insurance and Barrower was required�o make separately des�gnated payments <br /> �award the premiums for Mortgage�nsurance, Borrower sha1�pay t��prern�ums required t�ob�ain cov�rage <br /> substantially�quivalent to th�M�r�gage�nsurance prev�ously in effect, at a cas�su�stant�al�y equ��alen��o <br /> �he c�st to Borrower nf the Mor�gage�nsurance previous�y in effect, fr�m an a�ternate martgage insurer <br /> selec��d by Lender. �f substantia�ly equivalen� Mor�gage�nsurance�overage�s not avai�able, Borrawer shal� <br /> NEBRASKA-Singie�amily-Fannie Mael�reddie Mac UNIFORM INSTRUM�NT �orrn 30Z8 11a1 <br /> VMP� VMP64NE)t�3Q2} <br /> WvEters Kfuwer Finaneial 5er�ices Page 8 pf 17 <br />
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