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201507705
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Last modified
7/21/2017 1:46:45 PM
Creation date
11/9/2015 11:17:46 AM
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DEEDS
Inst Number
201507705
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2� 15�77�5 <br /> for the repa�rs and restorat�on�n a s�n�Ie paym�nt ar�n a se�-ies �f progress paymen�s as�he v�ork�s <br /> �omp�eted. �f�he insurance�r condem�a�ion pr�c��ds are not sufficien�to repair�r r�s�or�th�Pr�perty, <br /> Barrower�s not reliev�d of B�rrower'��bl�gation f�r the compl�ti�n af such r�pa�r ar rest�rat�on. <br /> Lender ar�ts agent ma�make reas�nable entries upon and inspecti�ns of the Pr�per�y. �f it has reasflnable <br /> cause, Lender ma�r in�pect th��nteriar af the improvem�nts nn the Praper�y. Lender shal� giv�Btirrow�r <br /> notice at th��zme of flr pr�or to su�h an interior inspec��on spec�f��ng such r�asonable caus�. <br /> 8. Bor�ower's Loan Application. Borr�v�er shali b�xn defau�t if, during �he Loan app���a�ian proc�ss, <br /> Borrower or any persons ar enti��es actrng at�he direct�on of Borrov�er or u�ith Borro�ver's kn��v�edg�or <br /> �onsent g�v�ma�er�a�l� false, m�s��ading, �r inaccura�e infarma�ion�r statements to Lender�or failed to <br /> provide Lend�r wzth material inf�rma�xon} �n cannection vv�th the Loan. Mat�ria� represen�at��ns include, but <br /> ar�n�t l�muted to, representati�ns c�ncern�ng B�rrower's occupancy of�he Prap�r�y as Borrawer's princ�pa� <br /> res�d�nce. <br /> 9. Protect�on of Lender's Interest �n the Property and Rights Under this Security �nstrument. �f�a} <br /> Borrower fai�s to perfarzn�he���enants and agreements�ontained in�his S��ur�ty �nstrum�nt, �h} ther� is a <br /> �ega�pr�ceeding that m�ght s�gnifi�ant�y affec�Lend�r's interes�in the Proper�y andlor righ�s under th�s <br /> Security�ns�rument�such as a proG��ding in bankrup�cy, proba�e, f�r condemnation or fflrfe��ure, for <br /> �nfar�em.ent af a lien v�h�ch may attazn priorit� over th�s Se�urity Instrument or to enforce�av�vs ar <br /> regulations}, or�c} Borrower has aban.don��l the Property, �hen Lender may do and pay for�vhat�ver is <br /> reas�nabl�ar appropr�a�e t�prate�t L�nder's in�erest in th�Praperty and rights under this Secur�ty <br /> Instrumer�t, includ�n�pr�tect�ng andl�r assess�ng �he�va�u�of the Proper��r, and securing andlor repairing <br /> �he Pr�per�y. Lender's actinns can includ�, but ar�not�imited to: �a}payxng any sums secured by a l�en <br /> which has prior�ty o�er�h�s�ecurity Instrument; ��} app�aring in court; and �c}�paying reasona�le a�torneys' <br /> fees to protec� �ts �nt�rest�n�he Pr�perty andlor righ��und�r this�ecur�ty�ns�rument, �nc�uding �ts s�cured <br /> p�sition in a�an�rupt�y proc��d�ng. Securing the Proper�y �n��u�ies, bu� is na���m��ed to, en�er�ng the <br /> Prope�ty ta make repairs, change�ocks, repla�e or board up do�rs ar�d windows, �ira�n�rater from pipes, <br /> �li�n.ir�at���.�lding or���er��d�vi���.��ons or d�..�.g�r����Q�.dit�ons, ��a������t���t��s t�rn��.��a oz��f, <br /> A��hough Lender may tak�act�on und�r�h�s Sectzon 9, Lender daes nfl�have to do so and is n��under any <br /> du�y�r o��igation to do s�. �t�s agre�d that Lender�ncurs n� �iabil�ty fflr n�t tak�ng an�or aI� act�ons <br /> au�harized under this Section 9. <br /> Any amoun�s dis�ursed by Lend�r under this Sec�ion 9 sha��become additiona� debt of Borrower secured by <br /> th�s S��urity�nstrument. Th�se amaunts sha�l bear in�erest at the N��e ra�e from the date of disbursem�nt <br /> a�.d sha��be payable, w��h such in�eres�, upon not�c�from Lend�r to B�rrower requ�sting payment. <br /> �f th�s Secur�ty�nstrum�nt�s on a�easehold, Barrower sha�l c�mpiy w��h a�� �he provisions of the Iease. �f <br /> Borrawer a�quir�s fee t��le�o the Proper�y, the leaseh��d a.n��he fee�i��e sha�� no�merge un�ess Lender <br /> agrees to the merg�r�n writing. <br /> ��. Nlartgag� Insurance. �f Lender requ�red Mor�gage Insurance as a c�nditian of makzng the L�an, B�rrawer <br /> shal�pay�he premiums required ta xnaxntain�he Mortgage Insuran�e in�ffect. If, f�r any r�asan, �he <br /> Mor�gage�nsuranc�cov�rage requ�red by Lend�r ceases to be avaz�ab�e frnm�he mor�gage insurer that <br /> previously pr�vided such �n�urance and Barrower v�as requir�d to mak�separately designate�i payments <br /> toward the premiums for Mortgage�nsurance, Borrow�r sha��pay th�premiums r�quire�ta obtai�c�verage <br /> subs�antiall�equ��alen�to the Mor�gage Ynsuranc�previous�y�n effect, a�a c�st substar�tiai�y equival�n��a <br /> �he cos�to Barrower af�he Mortgage�nsurance pr�vi�usly in effe��, from an al�ernat�martgage insurer <br /> se�ected by Lender. �f substantial�y�quzva�ent M�rtgage Insuranc�Go�erage is not a�a��ab�e, Borro�ver shall <br /> N�BRASKA-5ingle�amily-�ar�nis Ma�IFrsddie Mac UNIF{)RM INSTRIJMENT Form 3D28'lIQ1 <br /> VMP Q VMPfi�N�}(13p2� <br /> Wolters K I uwer�inancial Ser�ices Page 8 af�7 <br />
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