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201506296
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Last modified
7/21/2017 8:14:16 AM
Creation date
9/15/2015 11:33:16 AM
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DEEDS
Inst Number
201506296
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��1 5����� <br /> ta prevent the enfarcement❑fthe lien whiie those proc�edings are pending,but only until such proceedings <br /> are concluded;vr�c�secures frorn the hoi�er of�h�lien an agreernent satisfactory to Lender subardina�ing <br /> the lien to this Security xnstrument. �f Lender det�rm�nes that an�r part of the Praperty is subject t�a lien <br /> which can attain�rYority o��r this Se�urity Instrument,Lender may give Barrow�r a not�ce id�n�ifying <br /> th�lien. �ithin 1�days af the date on which that n��ic�is given,Borravver shall satisfy�he lien or�ake <br /> ❑ne or rnore of the actions set fvrth aiaove in this Section 4. <br /> Lender may reyuire Borrawer t�pay a one-time charge far a real estat�tax v�rif cation andlor r�p�rting <br /> service used l�y Lender in connection with this Laan. <br /> 5. Prop�rty Insuranc�. Borrower shall keep the impravements now existing�r hereafter erected on <br /> the Praperty insured aga�nst loss by�re,hazard�inc�uded within the term"extended co�erage,"and any <br /> oth�r�a�ards inciud�ing,�ut not lim�ted to,e�r�hqual�es and fl�od�,for v�hi�h Lender requ�res insuran��. <br /> This insuran�e sha�l be maintained in the amour�ts�including deductihle levels�and for the periods that <br /> L�nder requ�res. What Lender req uires pursuant ta the preced�ng sentences can change during the terrn <br /> af the Loan.The insurance carrier providing the insuranc�shall be Ghosen by Borrower subject tn Lender's <br /> right to disapprove Barrvwer's choice,v►rhich right s�a�i n�t be exercised un�easvnably. Lend�r may <br /> require Bor�ower ta pay, in cannecti�n wi�h this Loan,e�th�r:�a}a�ne-time charge for fl�od zone <br /> det�rmination,certification and tracking ser�ices;nr�b}a+ane-time charge f�r fl��d zone det�rmination <br /> and�ertification serviG��and subsequent cha�ge5 each tirne remappin�s ar sirnilar changes occur which <br /> r�asvnabiy m�ght affect such de��rmination or G�rtification.Borrower shail also be re�pansible far the <br /> payment vf an�fees imposed by the Federal Emergency Managem�nt Agency in connec#ion with the <br /> re�iew of any fl�od zone determ�nation resulting from an❑bje�t�on by B�rrower. <br /> If Bvrr��ex fails ta maintain any of the c�verages de�cr�bed above,Lender may abta.in insurance covera�e, <br /> at Lend�r's aption and Borro�ver's expense.Lend�r is under no ob�igation to purcha.se any particular type <br /> flr amaunt of co�erage.Ther�f�re, s�ch��verage sha�l �ov�r L�nder,but might or might�ot protect <br /> BorrQwer,B�rrower's equity in the Frop�rty,or the cantents of the Pr�perty,against any r�sk,ha�ar�ar <br /> liability and might pra�ide greater or lesser ca�era.ge tharr was previously in effect.Borrower acknvwled�es <br /> that the cost of the insuranc�co�erage so�btain�d might significantly exceed the��st�f insurance that <br /> Barrawer cauld ha�e ob�ained.Any amvunts dis�ursed by Lender under this Sec�ian 5 shall became <br /> additivnal deb#of Bor�ower se�ured hy this Se�urity Yns�rument.These amounts shall b�ar interest at th� <br /> N�te rate frorn the date of dishursement and shal�be payable,with such inter�st,upon notice from Lender <br /> to Borrower reques#ing payment. <br /> A11 insuran�e policie�req�ired by Lender and renewals of such policies shall be subje�t to I�ender's right <br /> t0 d1S���1'4V�SLIC��]�11G1�S,5Y1�.��11�C�ltCI��S�.TIC��Td ri7QT�ga�e C��L�Se,and shall name�►en�er as mortgagee <br /> andlnr as an additional loss payee.Lender shall have the rig�t ta hold the policies and renewal c�rtificates, <br /> If Le�►der reauires,Borrawer sha11 pramptly giWe to Lender all receipts of paid premiums �nd renewa� <br /> natices. �f Bvrrower obta�ns any form nf insurance�a�erage,no�athervvise required by Lender,f�r <br /> damage to,or destruction of,the Praperty,such policy shali include a standar�mor�gage clause and shall <br /> name Lender as mortgagee andlor as an additional lvss payee. <br /> �r��h���ent of loss,Borrower shall gi��pr�mpt notice t�th�insurance carrier and Lend�r.Lender may <br /> make proof❑f l�ss if nat made pramptly by Barro�ver. Unt�s�L�nd�r and Barrawer otherwis�agree in <br /> vvriting,any insurance proGeeds,whether or not the underlying insurance was require�by Len�er,shall <br /> H C FCr44359 <br /> NE�RASKA-Single Farr�ily-Fannie MaslFr�ddie Mac UNlF�RM 1N5TRUMENT Farm 3D�8'i1D1 <br /> VMP� ����� <br /> Walters Ktuwer Finanaal Services 2�15�81715.2.4.37.37-J2�15�5U6Y Page�af 17 <br /> •1 7 <br />
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