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201501455
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Last modified
7/20/2017 11:04:22 PM
Creation date
3/10/2015 1:27:17 PM
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DEEDS
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201501455
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��15�1455 <br /> far��ze rep�.i�s anc�rest�ra�iat��n a sing�e pay�xle�z�or in a se��es of�rog.��ss p�.yme��s as�he v�rorlf is <br /> comple�ec�. If�the insurance or co��e��nn.a�i���roceeds are z�o�suff�cier��to repai���r�estore tl�e Proper�y, <br /> B�rro�ver is na�:�elievec�of Borrower's obliga�io�lor�he co�llp�et�a�z ar such repa�r or rest�t ation. <br /> Lender o�i�;s ager��:i�1ay sn�.1�e reasoxzable er�t�ies u�on a�d�nspec�ior�s of��le Property, �f ii.11as reasanable <br /> cause, Ler��.er�nay�nspec��he��.teriar af�1ze iin�r�ve�n�n�s on�he Proper�y, Lex�c�er sha11 give Bo��ro�ver <br /> na�.ice a��.he tii�r��of ar prio���� �uc�z a�i�tet•i�r��Zs�ec��on specifying suclz reasa��al�1e ca��e. <br /> �a �rrv�v�r'� ���t� A p������i��a Barrawer sh�.11�e in def�.u���f, c�uring�he Loan a�plica�ion p�•oc�ss, <br /> Borr�wer o�•a�y persa�zs o�en�i�ies�.�t�ng a��he�.ire��ian of Bo��rower o�r v�it��Ba��`awer'�lfnawlec�g��r <br /> ca�sen�:gave mate��ally false, ��z�s�ea:dz���;, or ir�accu�`�.te infor�na��an ot s�atetllen�s to Len�.er�or Fa�1ed�o <br /> provzde Lex�c�.ez�vsri�h�Y�.a�crial inft�r�na�ia�1} iz1 c�z�:ec�ion wi��z 1;I�e Laa.�1. Ma�e�i�.1 r��arese���a��o�a.� i�clude, 1�ut <br /> �e na�1i�ni��c��o, re�resenta�ia�ls cance��n�ng Bar�ov�e�'s occ�pancy af��ze Pra�erty as I3o�rrourer's p��nca.�al <br /> �resic�e��ce. <br /> 9 a Pr�tec�ion vf L��d�r�� ln��re�� in �h� Praper�y �nd Righ�� �Jnd�r�hi� S�curi�y Ins�ru�nen�. If�a} <br /> I3�rro�er fails�o�e�fo��n�he�ovenan�s �nd�.g�eemex�tis ca�.�azne�.i���1�is Secur��y Tri�trument, (b}��ze�e is a <br /> Ieg�.I�r�ceeding t�la��ZZ�gh�s��zz�f��an�1�r affec�;Lender's in�ere��in�he Proper�y andlor r�g��ts under�11fs <br /> Secuar��y Ins�ru1ne���suct�as �:�aroceec�ing in baz�1�up�cy, pro�aate, lor conde�ntlatiotl or forfe��u�•e,. for <br /> e�a.for�eme�z�of a lie�1 w11ic�.�nay�.tt�.i�pr�ori�:y over this Secu�ity Zns�crumetzf�ar�o enForce Iaws or <br /> regulations}, ar�c} Bo���awer has�:Ua�zda�zed t�le Pro�er��, ��.Ze�a.Lende��nay�.�a��.�.pay rat�v��ia�e�er is <br /> r��so�a����r appropr�a�e�o pra�ec�Let�der'�int�rest��:t�ie�'�aper�:y and ri��1�s under�:11�s Securi�y <br /> Ins�ru�a.zen�, �r�c�udzng�t o�ec�i�g�.ndla��assess��.���ze val�ue of the Pro�er�y, a��c�securing�.ndlor�:epairing <br /> �he P�oper�y. Lendet�'s actions ca.n�nc�u�.e; 1�u�a1 e na1:li���itec��o: �a�paying a.ny su�ns securec�by�.1�e�. <br /> vvhich�zas priari�y aver t��is Security rnstrument; �U� appea.�in�in co�.r�; �r�d�c�payi�.g reasanable a�:torneys' <br /> fees�a pra�e����s ����res����tl�e Property andlor r�gh�s undet�;11is Secur�ty r��s�ru�r�e��, z�.c�udin�its sec�.�re�. <br /> pas��xor�in�,bazal�arup�ccy praceec�i�lg, Securing���.e Prop�r�y incl�c�es, b�.�is�Zat�i��ni�ed�o, e�.�:�rin�the <br /> Proper�y�a�n�x�o repairs, chan�e locks, �•e�lace or boa�`d�p door� �,r��.wir�dovvs, c�rair��v�.�e.�r frain pi�aes, <br /> e�i�n���a�e buz�����.g o1 o��ler code�iola��ons�r c�ar�gerous ca�lditifl�l�, ar�c�have�ti��ties�u��zed�n o�afF. <br /> A1�;ha�:g�z Le��der��Zay t�.��e�.c�zoza.un�.e��his Section 9, Le��.er�.oes�zo���ave��c�o so a�1d is not u�der a�zy <br /> c�uty�r ol�Ixga�ion�o do sa. I�is agreec���iat Lenc�e���rict�rs�zfl liabilf�y�ar�10��;a1��ng��y or a�1 ac��o�zs <br /> au�.���ri���.u���.cr���Ys Sec�ian 9, <br /> .Ax��r at7zo�.�nts d.isbursed by Lende�und��•���.is Sec�ior�9 ����.11�a�ca�ne additional�.eb�af 13orfTovve��se�u��d�ay <br /> �11is Securxty Itl�trulnent. T�lese a.�n�u�.��s s��a11 be�.�in���es��.��he�Ta�e rate fra�n��a.e c�a�e oF dis�urseznent <br /> a.x��.s�aa�1 ve p�.ya�le, v�i1;h such i�1�ez�es�, upon�lo�i�e frat��Ler�d�r�ta B�rrower reqt�e���ng pay�netlt. <br /> Zf�h�s Secu�z�y I�a��ru�neni:is �n a Ieasehold, I3orrovt�er�11a11 ca�nply w��I1 a11 the prov�s�ans of��ae lease. If <br /> Boa�rowe�'1cqu�r�s fee�i�Ie to�1�e Pi�ope�•�y, ��le�.ease�-�o1d a.��d�1�e fee����e s�x�.�1 no�:�nerge u�.�ess Le��der <br /> �.grees�a �he�nerger in v��il:ir�g. <br /> 'I�. �ior��a�e Insuranc�. If Lenc�.er�rec�txired Moi�tgage rn�u�'�nce as a conc��tion of�Zz���i�z�t1�e Laai�, Borrovsrer <br /> s11a1��ay�lie pretniu�x�s�requ��°e�.�a inaiiztaitl the Mar�gage I�surance in eflec�. If, far�t�y r�asar�, t11e <br /> Mar�gage r1�su���n�e covera.ge i ec�uire�.by Len�.er ceases�co be ava��ab1�fro�n��ze�nortga�e insu��er�ha� <br /> prev�flusly pt^Qvxc�ed sLxch.x�lsurance a��.Bor�•ov�er was�ec�t�ired���n�.l�e se�aa�a�ely c�esigtlated p�.y��e�a.�s <br /> ��w�r�.��ie p�e�nit��ns fo�Mor�:gage It1su��a�zce, Barrowef s1�a.1I pay�he pre�a�aiu�ns�e�u�red��ob��.i��cov�rage <br /> s��s�an���.��y equivale�zt ta�1�e Mo��gage Insu��a�zce prev�ausly ii1 erf�c�, a�a cas�su�sta���ially eqt�zv�.�e�z��o <br /> ��Ze cos�to�3�rrov�r��r of��ze Mo�•�g�.ge I��surax��e p�ev�ous�y i��lrect, f�a�lz az��.��erl�ate�17nr�g�.ge i�lsurer <br /> �elec�ec�by Lexlc�er. I:f subs����tia�1�eqt��vale�l�Mo��ga.ge�z�.su�an�e cove�age�s�.a�ava.i��.��e, Bor�ower slaall <br /> 2�44Q7��� <br /> N�BRAS}CA�Sin�le Camily-�annie M ae��'reddie M ac L1N[FQRM fNSTRUM�NT Fvrm 3�28 11�� <br /> VM P Q VM p6�NE��9 3��} <br /> Wolters Kiuw er�inancial ServEc�s Page�of�7 <br />
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