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201506649
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Last modified
7/21/2017 8:26:00 AM
Creation date
9/30/2015 8:53:21 AM
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DEEDS
Inst Number
201506649
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��1 5�6649 <br /> Borrotiver shall pramptIy discharge at�y lien tivhich has priari�}�over this Secu��i�y ���st�umet�t ut�l�ss Bflrrower:�a} <br /> agre�s ii����riting �v the payme��t ❑f the obligation secu�•ed b��the lien in a tnanner a��eptable to Le��der, bu� ❑���y <br /> s� long as Borrower i� perf�rmi�ig such agreen�e��t; �b} c�i�tests t��e lien i�l gaod faith b�, o�•defei�ds agaii�st <br /> enfor�ement af tl�e Iie��in,Iegal proceedings �vhi�h i�i Lender's ❑pii�ioY� �perate to�i•e�et�t tl�e e��forcement af the <br /> lier�ti�hile�11ose proc��dings a�•e pending, �ut nnl�� until such praceedings are cot�cluded; �r��)secures f�•om the <br /> ���Id�r of �1�� Iiet� ai� agt•e�mei�� satisfacto�y ta Leildei- su�ardina�i��g the lie�i to ���is 5ecu�•ity Tnstrut��ent. If <br /> Le��der determin�s �11a� ar�y part ❑f the Prap��-ty is subjcct �� a lien wl�ic�i ca��.attait� ��•ior�ty o���• tl�is Security <br /> I��s�rumer��, Lende�- may give Bo�•ro�ver a t�otice idei-�tif�in� !he iien.�I�I11I7 1� days ❑f t��e date ot� w}lich that <br /> notiGe is gi�en, Bo�•i•a�ei•shall satisfy ���e lien oi•take on� o�•rnare af�he ac�ians �et fot-�h ah�ve in this 5ection 4. <br /> Lender n�ay r•equire Bo�-�•ovve�•to pay a one-�ime charge for a t•eal estate tax vei•ifica�i�n andl�r i•eporting servi�e <br /> used by Lendei•in cannectian with th�s Lo�n. <br /> 5. Praperty Insuran�e. Borro�er shail keep the improveme�l�s na��e�istii�g ❑r herea�Cter e�-ected on tlie Prope�-ty <br /> . insured aga�nst loss b�� fii•e, hazards inciuded ��vithin tl�e �erm "extended c�verage,"' a��d a��y ❑tllei- hazards <br /> including, but nat limited t�, ea��hquakes a�1d floads, far�.vhi�h Lender requi�•�s insurance. This insurance shal� <br /> be mai�ltai�led in the amaunt� {ii���uding deduct�ble le�els} and for�he periads that Le�ide�•�•equit•es. �ha� Lender <br /> reauiz-es pui•suan� ta the preceding sen�ences can change during the term of the Loan. The iiisura��ce carri��- <br /> prflviding th� i�7surar�ce shall �e �hose�l �y Bor�-owe�• suv�e�t �o Lender`s riglit�a disap�r�ve Borrow�r's �hoice, <br /> �rhich right sha�l nat be exer�ised unreasonably. Lend��• ma�require Barrflwer tfl pay, �1�CaI7I7���1Q17 VV1�I7 �I715 <br /> Loat�, ei�l�er: �a} a or�e-�i�ne cl�at•ge for-f��ad zane deterrninatiali, c��-t�fi�atiol� aY�d tracking servic�s: or�b}a atle- <br /> tirne cha�•ge fo�• flood z���e dete�•niinati�t� and certifica��ot� ser�ices a.Y7d subsequent c��arges eacI� time <br /> �•�mappir��� o�•simi�ar chat�ges oc�ui•whi�h rzasonably might affect su��� detertniilatio�� o�•eertif catio��. B�i•ro��e�- <br /> sh�ll aIsa be r-espansible foi-the paym�nt of any f�es imposed��y �he Fedez-al Emei-�ency Manag�men� Agency <br /> in�onne�tian tivith the i-eview af an� fload zane deterrn�nation i-esulting f�-om an abje�t�on by Boi-rowet-. <br /> If Box-rati�er fails to mai��tain any ❑f�the co�e�-ages described abo��, Le«de�- may� o�tain �nsura��ce coverage, �� <br /> Lender's option and Borr�vver's expense. Lender is under no abligation t❑ plirc��ase a�1y pa�-ticular type nr <br /> amount of coverage. Th�refore, such coverage shall c�ver Lender, �ut m�gl�t ❑r rn�ght not p�-atect Bon�ovt�e�•, <br /> Barrotive�•"s e�u�ty in the Propert}�, or t��e cantet�ts of�he Pro�erty, against a�1y r�s1L,I�azard or liability a��d migh� <br /> provide g�-eater ❑�- iesser �flverage than ��va� pre�iously it-� effect. 8orra��e�•aG�i�a��ledg�s tl�at the �ast of�he <br /> �nsurance caverage s❑ ❑btained �n ight �ignifi�antly exce�d th� cast ❑f i�lsuran�e that Borro�ve�- �ou�d l�a�� <br /> ❑b�ai�led. An� a�nout��s disbursed by L�EZd�r u��der tiiis 5�ct�ai�t S sha�1 �e�om� addi�iar�aI d�bt of Borro�-�er <br /> se�ur�d liy �l�is Security �nstrument. Tiiese a���aui-��s sha�l vear interes� at tt�e No�e rate from t�-�e date af <br /> disbursement a�1d shall ��payaliIe, ��vitl�sucl� ir�te�•est, upot� natice from Lender ta Bori•a�vei•z•e�uestit�g pay�n�nt. <br /> A11 in�u�ance policies requii•ed by Lender and �•ene��a�s of such policies sl�all be subject �a Lender's ri�l�� tn <br /> disapp�•ove such polic��s, shall inciude a standard mortgage clause, and shall na�ne L�ndet•as mor�gagee andlo�• <br /> as an addi�ianaI loss payee. Lender shall l�ave #he rig��t to htild �he palicies and �•ene�val �ei-�if cates. If Lender <br /> requir�s, Bor�ovver shalI pramptly give t❑ Lende�- afl t•eceipt� of paid prem�ums and rene�al no�ices. If Borrawer <br /> obtair�s an�� fo�•m af insui•a��ce �ove�•�ge, not Qther�vise �•equired by Lender,fo�•dam����o,ar des�ruc�ion af,�he <br /> Prflpert�, such pol�c�� sliall include a�tandard �not�ga�e c�ause and shall nasne Lender as mor�gagee andlvr as an <br /> addi�ionai loss payee. <br /> In t(�e e�ent ❑f loss, Bo�-r��ver shall give prompt ilatice ta �he ii�suran�e �at-rier and Le�1d��-. Let�der may malte <br /> proof of loss if t�ot made prom�tly by Borro��rer. U�l�ess Le��der and Borra��ver other��ise agree ir�tivrit�ng, a��� � <br /> insurance praceeds, w�l�ther nr not the under�ying ]I15L]t•ax�c� was requ�red by Lender, shall be applied �� <br /> � restiora�iat7 or r�pair of�11e Praper�y, if the re�tvratia�� or r�pa�r is �conarnica�ly f�asib�e and Le��der's security is <br /> not l�ssened. Durin� su�h repair and restaration peri�d, Le��der sliall ha�� tl7e r€gl�t t❑ �1old su�17 insuran�e <br /> prnceeds u��til Let�der has had ai� ❑ppartunity ta inspect such Praper� to e�1su�•e t�7e vvark has been campieted <br /> �o Lender's sat�sfa�tio��, pravided �hat su�l� �nspe��i�n sl�a(1 be ur�dertal�er-� pt•omp�ly. <br /> N�8f�A5KA-Singl� Family-Fannie MaelFreddie Mac IJNf��RM INS7RUMENT WkTH MERS Farm 3Q28 1l0� <br /> VMP�7 VMP6A{hl�y (�3Q�).aq <br /> Wofters�tluw�r Financial Services Page 6❑f 15 <br /> ao�ol�ETo�3os�-4oao�3�7s� <br />
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