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201505709
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Last modified
7/21/2017 3:34:18 AM
Creation date
8/21/2015 10:38:44 AM
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DEEDS
Inst Number
201505709
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��15�57�� <br /> for�he re�a�rs and resto�at�on�n a single pa�ment�r in a se�ries of progre�s payment� as the wark�s <br /> comple�ed. �f the�nsurance or candemr�ation prac�eds are nat suff�ci�n�to repair�r r�store the Property, <br /> Borrower�s nat re��e�ed of Borro�ver's�bligation for the com.p�e�ion of such repair or restnrat�on. <br /> Lende�or i�s agen�rna�make reasanabl��ntries upon and inspe�tions�f�he Proper�y. �f it has rea�anable <br /> cause, L�nder may inspect the int�ri�r of�h��mpr�vernents on the Proper�y. Lender sha�l give Borro�ver <br /> notice at�he t�m��f ar pr�or to such�tn interiar inspect��n specif�ing such re��onable c;ause. <br /> 8. Barrow�r's Lvan Applicatian. Bo�rrowe�r shal�be in defauit�f, during the Loan appiication prac�ss, <br /> Borrawer ar any persons�r ent�t�es acting at the direction of Borravver or with Borrawer's knowledge or <br /> cansen�gave materia�ly false, rnisleading, ar inaccurate infarma�ian�r s�a�ements to Lender�or fai�ed to <br /> pravide Lender v�ith material informa�ion�in��nnection with the Loan. Material representat�ons�nc�ude, but <br /> are nat limited�o, r�presentations concern�ng Borr�v�rer's�ccupancy of the Prop�r��r as Bo�rrower's principal <br /> res�dence. <br /> 9. Protectifln �f Lender's Interest in the Property and Rights Under this Security �nstrument. �f�a} <br /> Borraw�r faiis�o perfarm the co�enan�s and agreemen�s cantain�d in this Secur�ty �nstrument, �b}�here is a <br /> �egal proceeding that might sign�ficantly affect Lender's�nter�s��n�h�Pr�perty andl�r r�gh�s under this <br /> Security Ins�rument�such as a proceedzng�n bankrup�cy, probate, f��-cand�mnat�on or fflrf�iture, for <br /> enf�rcemen�af a�z�n v�hich may attain priority�v�r this Security Ins�rument or ta enf�r��la�s ar <br /> regu�a��ans}, or�c}Borrawe�has aba�da�ed�he Prop�r��, then L�nder may da and pay for whatever zs <br /> reasonable�r apprapriate��pr�te�t L�nder`s int���st in the F��p�r�y and rzghts und��r th�s Securit� <br /> Instrument, including protecting andlor assess�ng �he value af the Praper�y, and secur�ng and��r repairing <br /> th�Praper�y. L�nder's act�ons can znclude, �ut are n����m�i.ted to: �a}paying an��ums,�ecured by a lien <br /> wh�ch has priar�ty aver�h�s Se�urit��nstrurnen�; €b}appearing in cour�; and�c}paying reasQnabl�att�rneys' <br /> fees to protect it�int�rest in the Property andlor rights under this�ecuri�y�nstrument, including its secured <br /> po�ition in a bankruptcy praceeding. S�curing�he Proper�y inc�udes, but is nat limited to, enter�ng the <br /> Pr4per�y to ma�e repairs, change Iocks, replace or baard up daors and wxndows, dra�n wat�r from pipes, <br /> e�irninate�uild�ng�r o�h�r cade vi��a��ons or dangeraus cond�txons, and have uti�iti�s turned on or off. <br /> Althaugh Lender may�ake action und�r this Secti�n 9, Lender daes not ha�e ta do�o and is not urzder any <br /> duty or ab��gation to da so. ���s agre�d that L�nder incurs no liabi�ity f�r not�aking any or a��a��ions <br /> au�hor�zed under this�ection 9. <br /> Any amaun�s d�sbu�sed by Lender under th�s 5ect�on 9�ha��be�ome addztiflna�debt of Borrower secured by <br /> this Se�urity Instrument. Th�se amaunts�hall bear interest at the Nate rate from the date of d��bursem�n� <br /> and shal�be payab�e, w�th such interes�, upan notice from Lend�r�a Barrower request�ng paym�nt. <br /> �f this Security Ins�rument is�n a leasehold, Borrav�er sha11 compl�wi�h a11 the pro���ions of the lease. If <br /> Barrower acquires fee tit�e to the Proper�y, the�easeho�d and the fee t��ie shal�no�merge un�ess L�nd�r <br /> a�re�s�a the merger in writ�ng, <br /> '[�. Mortgage �nsurance. �f Lender required Mortgage Insurance as a Gondi�i�n of making the Loan, B�rrovwer <br /> shal�pay t�ae premiums re�uired t�mainta�n�he Mor�gage�nsurance�n effect. �f, for any reasan, the <br /> M�r�gage Insurance c�v�rage requ�red by Lender ceases tv be a�a��ab�e from the mor�gage in�urer that <br /> pre�iously prov�ded such insurance and gorrawer wa�required to make s�parately designated payments <br /> toward�he premium� for 1V.�ar�gage�nsurance, Borrower sha11 pa�the premiums required to❑btain coverage <br /> subs�antia�ly equiva�en�ta the Mor�gage Insurance previously in eff�ct, at a�ost substantially equiva�en�to <br /> the cast to Borrawer af the Mor�gage�nsuranc�prev�ously�n effect, fram an a�te�nate martgage in�urer <br /> se�ected by Lender, If substantia�ly equ�val�nt Mor�gage�nsu�rance cave�age is n��a�a��abl�, Borrow�r shall <br /> NEBRA51{A-Sing�e Far�ily-Fa�nie MaelFr�ddie Mac UNIFqRM INSTRUMENT �orm 3028�ID1 <br /> VM€'� VMP6�N�){13�2) <br /> Wolters 10Euw�r�inanciaE Ser�ices Pag�8 of�7 <br />
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