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201600001
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Last modified
7/21/2017 2:32:45 PM
Creation date
1/4/2016 8:56:40 AM
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DEEDS
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201600001
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2� 1 ����� 1 <br /> for the repairs and restoration in a single payment �r in a s�ri�s of pro�ress payments a�th�wark is <br /> comp�eted. If the insurance or condemna�ion pr�ce�ds are no�suff�c�ent ta repa�r ar restare�h�Property, <br /> Borrawer is not relie�ed of Borrower's ob��gatz�n far�he Gomp�etion af such repazr nr res�oratxon. <br /> Lender or its agent may make reasonab�e�n�ries upon and inspec�i�ns af the Property. �f i�has reasanable <br /> cause, Lend�r may inspect the�nter�or of the impro�emen�s on�he Pr�per�y. Lender shal� gi�e Borrawer <br /> no�ice a��he time of ar pr�or to suc�an�nter�or inspect�on specifying such reasonable cause. <br /> 8, Barrower's Loan App[ication. B�rro�ver sha�l be �n defau�t�f, dur�ng the Loan app���a��an process, <br /> B�rrower or any persans or en�ities acting at the dir�ctifln of B�rrawer or�nri�h Bflrrawer's kn�wledge�r <br /> consen�gave materia��y fa�se, misleading, or inaccurate infarmation ar statements to Lend�r�or faiied�a <br /> prov�de Lender w�th materia� infnrma�ion} �n connec�ion wi�h the Laan. Mater�al representations include, but <br /> are no���mit�ci�ti, representations concerning Borrau�er's occupancy of the Propert� a�B�rrower's principai <br /> res�dence. <br /> 9, Prvtection of Lender's �nt�rest �n the Pr�p�rty and R�ghts Under this Security �nstrument. �f�a} <br /> B�rravver faiis �a perform th�covenan�s and agreem�.�nts c�nta�n�d�n�hi�S�cur�ty �nstrunr�ent, �b} there�s a <br /> legal pr�ceeding that migh�sign�ficant��affect Lender's inter�st in�he Proper�y andlar rig��s under this <br /> Security �nstrument�such as a proceeding in bankruptcy, prabate, far c�ndemnation or farfe�ture, for <br /> enforcemen��f a�ien wh�ch may attain priority o�er�his Securi�y Ins�rument ar to enforce Iav�s ar <br /> regu�at�ons}, or�c} Borrower has a�and�ned the Prop�r�y, �hen Lend�r may da and pay for whate�er is <br /> reasonab�e or apprapr�ate�o protect Lender's int�rest in the Pr�per�y and rights under th�s Security <br /> �nstrument, �ncluding pro�ect�ng andlor assessin� the value of�he Proper�y, and s�cur�ng andlar repairing <br /> the Froperty. Lend�r's ac�ions can�nc�ude, bu�are no� �im�ted�o: �a}paying any sums secured by a��en <br /> which has priority over this Se�urity �nstrum�nt; �b} appear�ng zn cour�; and �c}pay�ng reasonable at�orne�s' <br /> fees ta prnt��� i�s int��es�in�he Proper�� ar�dlor r�ghts under�his Se�ur�ty �nstrument, �nclud�ng�ts secured <br /> �ositinn zn a�ank.rupt�y praceeding, Secur�ng the Praperty inc�udes, but is nat�imit�d �o, ent�ring the <br /> Proper��t�amake repa�rs, change locks, replace�r board up doors and windaws, dra�n water from pipes, <br /> ���m�na�e building�r��her cade viala�ions or dan�erous canditians, and ha�e utiliti�s turn��i�n ar off. <br /> A��hough Lender�rnay take ac��on under�his S��ti�n 9, L�nder does not have t�do s� and is na�under any <br /> du��or ab�iga��an to da so. �t is agr�ed�hat Lend�r�ncurs no liabi�ity far not�ak�ng ar�y or a�l ac��ans <br /> au�hor�zed under th�s Section 9. <br /> Any am�un�s disbursed by Lender under this Sect�an 9 sha��be�ome add�t�ona� debt af B�rrower secured by <br /> �his���urity �nstrument. These amounts shall bear in�erest at the Na��ra�e fram the date of disbursement <br /> and sha11�e payable, with such interest, upon notice from Lender ta Borrower re�uesting payment. <br /> �f th�s Secur�ty �nstrument is on a Ieas�h�ld, Borrower shall compiy vvith all �he provisions of the lease, �f <br /> Barrow�r acquires f�e�i��e�o�he Proper�y, the leaseho�d and the fee�it�e sha�l not merge unless L�nder <br /> agr�es to the m�rger in v�rriting. <br /> ��. Mortgage insurance. If Lender requ�r�d �ortgage �nsuranc�as a cond�tion of mak�ng the Loan, Borrawer <br /> sha��pay the prem�ums requir�d ta main�a�n the Mortgage �nsurance�n�ffect. �f, for any reasan, the <br /> M�r�gag� �nsuranc�caverage required by L�nder ceases�o be aWailabie fram the m�r�gage insurer tha� <br /> prev�flusly pra�ided such insurance and Borr�wer was re�uired �o make separate�y designat�d paymen�s <br /> tov�ard the premiums far Mor�gage �nsurance, Borrower shal�pay the premiums requ�red�o�bta�n coverage <br /> substantial�y equi�alen��a�he Mor�gage �nsurance prev�ous�y�n eff�Ct, a�a�ost�ubstantial�y equ��a�ent ta <br /> the cos�ta B�rrawer af the Martgage�nsurance pre�i�us�y in effeCt, from an a�ternat�mar�gage�nsurer <br /> sele�ted by Lender. �f su�stan�ially equiva�ent M�rtgage�nsuran�e c�verage is not a�ailable, Borrower sha�� <br /> N�BRASKA-5ingte Family-�anni�Ma�l�reddie Mac UNIFDRM INSTRUM£NT Form 3n28 7107 <br /> VMP� VMPfitNE�{1342y <br /> Wolters Kluwer Finan�ial S�r�ices Page 8 0�17 <br />
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