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201601676
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Last modified
7/23/2017 10:16:50 AM
Creation date
3/22/2016 8:57:37 AM
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DEEDS
Inst Number
201601676
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2� 1 �� 1 �7� <br /> . repr�sentatians include, but are not limit�d to,representa.tions concerning Borrovver's accupancy of the <br /> Pr�p�rty as Borraw�r's pr�ncipal residence. <br /> �. Prt���ct��� a#'Lender's Inter��t�n the Praperty and R�ghts Under this Security � <br /> Instrument. If(a}Borrower fa�ls ta perfnrm the covenarats and agreements contained in this Security <br /> Instrument, �b}there is a�egal proceeding that m�g�t significant�y affect Lender's�nterest in the <br /> Praperty a.r�dlor rights under this Secur�ty Instrument[such as a pro�eeding in ban�ruptcy,pro�ate, <br /> f�r c�ndemnation or forfeiture,for enforcement of a lien whi�h may aitain pr�ority o�er this Security <br /> Instrument or ta enforce�aws ar regulati�ns},ar�c}Barrower has abar�doned the Pro�erty,then <br /> Lender may dn�.r�d�ay for whatever is reasonab��or�.ppropr�ate to prote�t Lender's int�rest in the <br /> Praperty and rights under this Security Inst�rument, including pr�tecting andlor ass�ssing the�a�ue <br /> of the Property,a.nd secu.ring andlor repairing the Pr�perty. Lender's actions can include,but are not <br /> limited to: ta}payin�any sums secure�i by a lien which has priarity a�er this Security Instrument; �'�) <br /> appear�ng in cvurt; and(c}paying reas�nable attorneys'fees t�prote�t its interest in the Property andl <br /> ar rights under this Security Instrument, including its secured position in a bankruptcy praceeding. <br /> Securin�the Pr�p�rty incluc��s,but is nat lim�ted to,entering the Pr�p�rty to make repairs,�hange <br /> locks,replace or b�axd up doors and windows,dr�.�n�vater firom p�pes,elim�nate building or other <br /> cade�i�lat�ons or dangerous conditions,and have util�ties turned on or of�.Although Lender may take <br /> �.ction u�der this Se�tion 9,Len�er���s not hav�to da so an�is n�t under a.ny dufiy�r obligati�n to <br /> do sa. It is agreed that Lender in�urs no liahility far not taking any or all actions auth�riz�d under this <br /> Section 9. <br /> Any amounts disbursed by Lender under this Section 9 sha�l�ecame addit��nal debt of BarroWer <br /> se�ured by this Se�urity Instrument.These amounts s�all bear interest at the 1�3ote rate from the date of <br /> disbursement and sha�l be payabl�,with such�nterest,upon nati�e from Lender to B�rrower requesting <br /> payment. <br /> If this Secur�ty Instrument is on a leaseh�ld,Borrower shall cvmply with all the pr�visi�ns af the <br /> �ease.If Borrov�ver a��uires fee t�tie to the�'roper�ty,th�l�asehold an�.the fee title shal�not merge <br /> unles�Lend�r agrees to the merg�r�n writ�ng. <br /> �I D. �Iort�a�e Insurance. If Lend�r required Mor�gage Insuran�e as a cvndition of making the <br /> Loa.�,Borrower shall pay the premiums required ta maintain tk�e Mor�gag�Insuran��ir�ef��ct. If, <br /> far any reas�n,the Mortgage Insurance coverag�required by�ender ceases to he a�aila�le from <br /> the m�r�gage�nsurer that pre�iously pro�ided such �nsurance and Barrawer was required t�make <br /> separately designated payments t�ward the premiurns for Mor�gage Insurance,Borrnwer shall pay the <br /> premiums required to obta.�n coverage substantial�y�quivalent to the Mortgage�nsurance previously�n <br /> ef�ect,at a cost su�stantially equi�alent to the cost to B�rrower of the Mortgage InsuranCe pre��ously <br /> �n�ffect, fr�m an alternate mortgage insurer select�d by Lender.If substar�tially equi�a�ent Mortgage <br /> Insurance coverag�is not avai�able,��rrower shall�ontinue to�ay t��ender the amount�f the <br /> separately designated�ayments t�iat vvere due when the�nsurance Go��rage ceased to be in ei�ect. <br /> Lender will accept,us�and r+etain these payments as a non-refundable loss reserve in li�u af M�rtgage <br /> Insurance. Such loss res�rve sha�l b�nanwrefundai��e,notwithstanding the fact that the Loan�s <br /> ultimate�y paid in fu�1,and Lender sha�i n�t be required ta pa�Borrow�r ar�y interest or earnings on <br /> such Ioss reserve. Lender can na�ong�r require Ioss reserve payments if Mortgage Insurance co�erage <br /> t�n the amount aa�d for t�ie period that Lender r�quires}provided by ar�ir�surer selected�by Lender <br /> again bec�mes a�railable, is obta.ined,an.d Lender requir�s separate�y des�gnated payments toward the <br /> prerr��ums f�r Mortgage Insurance. If Lender required Mortgage Insurance as a c�ndition of making <br /> �he Loan ar�d Borror�ver was required to ma.ke�eparate�y desi�nated payments towaxd the pr�miums <br /> 22Q059451B <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNiFQRM iNSTRUMENT Form 3D281101 <br /> 1fNIP� D812a15 <br /> Wblters Klwver Financial Servir.es 201 fi039115.3.0.34UG-N2U'�51�19N Page 8 of 15 <br />
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