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201502311
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Last modified
7/21/2017 1:54:27 AM
Creation date
4/15/2015 9:22:52 AM
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DEEDS
Inst Number
201502311
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��15��311 <br /> far the repairs and restoratian in a s�ngle paymen�or in a s�ries of progress paym�n�s as the�ork is <br /> comp�eted. �f the insuranc;e or condemna�ion pro�eeds are not sufficient to repair or r�store the Property, <br /> Borrower is no�reiie�ed of Barr�wer's obiigation for the comp�et��n of such repair or rest�rati�n. <br /> L�nder or�ts agen�rnay make r�asonable entri�s upon and inspect��ns of the Proper�y. �f it has reasonable <br /> cause, Lender may �nspec�th��n�er�or of�he improvements on the Prflper�y. Lend�r shal� give Borrow�r <br /> no�ice at��e time�f�r prior ta such an �n�erior inspec�ion specif�ing such reasonabl��aus�. <br /> �. Borrower's Lvan App�ication. Borrower shall be in defaul� if, during�he Loan appl�cation pr�cess, <br /> Borrawer or an�p�rsons nr entiti�� ac�ing at the direction�f Borrow�r or w�th Borrower's knawledge or <br /> consen�gav�materially fa�se, m�sleading, or�na�curate infor�mation or statemen�s to Lender�or fa��ed to <br /> pravide Lender w�th ma�er�al �nf�rma�ion} �n�annection with the L�an. Material representations in�lude, bu� <br /> are not l�mited t�, representa�ions concerning Borrower's oc�upancy of the Property as Bflrrower's principal <br /> resid�nce. <br /> 9. PrateGt�on vf Lender's Interest in the Property and R�ghts Under this Security inst�ument. �f�a} <br /> Borrower fa��s ��perform the co�enants and agre�men�s contained in this Security �ns�rument, �b� ther� is a <br /> ��ga�praceeding�hat might signi�cantly affect L�nder's in�erest in�he Proper�y andlor righ�s under�his <br /> Securit� �nstrument�such as a�roceed�ng �n�ankrup�cy, probate, for condemna�ion or forfe�ture, for <br /> enforcement�f a lien whxch may a�tain�riority o�er this Se�uri�y Ins�runlen�or to�nf�rce Iaws or <br /> regula�i�ns}, or�c} Borrower has abandaned�he Property, then Lender ma�do and pay far whate�er is <br /> r�asflnab�e or appropriate�o protect L�nder's interest in�h� Property and rights under�h�s Security <br /> Instrument, �nc�uding protect�ng andlor assessing the�alue of th�Pr�per�y, and securing andlor repairing <br /> �he Propert�r. Lender's a�tions can include, �but are not Iimitec�to: (a}pa�ring any sums s��ured��r a lien <br /> which has prior��y�ver�his Securi�� Instrument; �b} appearing in cour�; and �c}paying reasonabie a��orneys' <br /> fe�s ta pra�e�t its �n�erest in�he Pr�p�r�y andlar righ�s under�his Se�urity �nstrumen�, inc�uding i�s secured <br /> posit�on in a ban�ruptc�r proceed�ng. Securing�he Proper�y �nc�udes, but is r�ot l�mi��d to, en�ering the <br /> Proper�y��make repairs, change lflcks, replace or board up doors and w�ndows, drain wa�er from p�p�s, <br /> eliminate buil�ing or o�her code�i�la��ons flr dangerous cand�tions, and hav�uti�i�i�s turned on�r off. <br /> Although Lender ma�take action under this S�ctzon 9, Lender doe� n��ha�e�o do so and is n��under any <br /> duty or obiigation t�dfl so. I�is agreed tha�L��d�r xncurs na �iabi�i�y for na�ta�ing any or a�l ac�ions <br /> authflrize�under this Section 9. <br /> Any amounts disbursed�y Lender under�his Sectio�� shal�be�ome add�t�anal debt of Borrower secure�i by <br /> this Secur�t� �nstrumen�. Thes�amounts shal�bear interest at th�Note rate fram�he date af disbursemen� <br /> and sha�l be pa�rab�e, v�rith su�h interes�, upon notice fr�m Lender to Sarrawer request�ng payment. <br /> �f�his Securi�y Instrument is on a leasehald, Borrower�ha�l camp��r wi�h a�i �h�prov��sians of the Iease. If <br /> Borrovwer acqu�res f��title ta t�e Property, th�lease�iold and the f�e�i��e shall not m�rge unless Lend�r <br /> agrees to the nZerger in wr�ting. <br /> 'i�. Mortgage �nsuranc�. �f Lender re�uired Mar�gag��nsurance as a condition of making the Loan, Borrawer <br /> sha�I pay�h�premiums required to main�ain the Mar�gag��nsurance in�ffect. �f, for any reason, the <br /> Mor�gage�nsurance co�erage required b�r Lender ceases tfl b�avaiiab�e fram the mar�gage insurer tha� <br /> pre�iously pro��ded such insuranc�ar�d Borrower was requir�d ta rnake separate�y d�s�gnated paymen�s <br /> ��ward the pr�miums for N�ar�gage Insurance, Borrow�r shall pay the pr�m.iums required to obtain coverage <br /> suhstant�al�� equivalent�� t�e Mortgage Insuranc�pre�iaus�y �n effect? at a cos� substantiaily equ�valent ta <br /> the cost�o Borrow�r of the Mortga�e�nsurance pre�iflusly in effect, from an alternat�mor�gage insurer <br /> selected by Lend�r. If substantia�iy equivalent M�r�gage Insurance coverage is no�a�ailab�e, Barrower shall <br /> NEgRASKA-Singte�amily-Fa�nie Mael�reddie Mac UNi��RM INSTRUMENT Farm 3428 1141 <br /> VMP Q VMP6�NE�t1342] <br /> Wvlters Kluwer Fir�ancia!5er�ic�s Page 8 vf 17 <br />
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