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201601853
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Last modified
7/23/2017 10:24:23 AM
Creation date
3/30/2016 9:21:30 AM
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DEEDS
Inst Number
201601853
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� 2� 1 �� 1853 <br /> for�h�r�pairs and res�ora�i�n in a sing�e paymen�ar�n a ser�es of progr�ss pa�m�nts a� th�vvork is <br /> �amp�e�ed. If the insurance or�nndemnat�nn pr�ceeds are n�t suff�c�ent�a repa�r ar res�ore rhe PrQp�r�y, <br /> B�rrawer is nflt r�I�ev�d of Borrower'� obligation for�he�amp�et��n of such repazr or r�storat��n. <br /> Lender or its ag�nt may make reasonable�ntries u�aon and�nspect�ons of�he Property. �f�t has r�asanab�e <br /> cause, Lender may inspect t�e�n�er�ar�f the impr��emen�s on the Pr�perty. Lender sha�� gi�e Borrow�r <br /> natice at the txme of�r prior���ueh an xnt�r�or inspec�i�n spe�if�ing such reason.ab�e cause. <br /> 8. Barrower's Loan App��cat�on. Borr�wer shall be in defau��if, during the Loan applicat�on prac�ss, <br /> Borrawer ar any p�rsor�s ar entit�es act�ng a��he direction of Barrawer or vvith Borro�ver's�now�edge�r <br /> consent ga�e mater�a��y fa�se, mis�ead�ng, flr znaccurate�nforma�ion or stat�men�s to Lender�ar fai�ed�o <br /> prflvide Lender�ith mater�a� informat�on� �n canne�t�Qn w��h the Loan. Material representations inc�ude, but <br /> are not�imit�d to, repre�en�ati�ns cfln��rn�ng Borrower's occupancy af�he Pr�perty as Borrawer's pr�nc�pa� <br /> res�dence. <br /> �. Pratectivn of Lender's Interest in the Pr�perty and Rights Unde� this Se�urity �rtstrument. �f�a} <br /> Borr�vver fails t�perform�he eovenants and agre�men�s cantain�d�n thi� Securi�y Instrurnent, �b} there is a <br /> �egai pro�e�d�ng that migh�signif�can��y affec� Lender's interest in the Proper�� andlor rights under this <br /> SeCurity In�trument�su�h a�a pr�ceec��ng �n bankrup�cy, probate, far candemnation or forfei�ure, for <br /> enforc�ment of a�ien vsr��ch rnay attain przor�ty ov�r�hzs Secur�ty �nstrument or��enforce laws or <br /> regu�at��ns}, or�c} Barro�ver has aband�ned �he Prop��.y, �h�n Lender may do and pay for whate�er zs <br /> r�asonab�e or appropriate��pro�ect Lend�r's interest in�he Prop�r�y and r�ghts under th�s Securit� <br /> �ns�rument, �nc�uding pro�ec��ng andlor ass�ssing th��a�u��f the Proper�y, and secur�ng andlor repairin� <br /> �h�Proper�y. Lend�r's actions can in��ude, but ar�na�lirnited�fl: �a}payi�g any sums s��ur�d by a��en <br /> �vhich has prior��y over�his Securi�y Ins�rument; �b} appear�ng �n cour�; ar�d���paying reaso�a��e a���rneys' <br /> fees to prate��its interes��n�he Pr�pert�andlor rights under th�s Se�ur��y�nstrument, includxng i�s secured <br /> gosition in a bankruptcy proceeding. 5ecuring�he Praper�y inc�udes, but is not��m�it�d t�, enter�ng �he <br /> Propert�ta make r�pairs, change�ocks, rep�ace or�aard up donrs and windows, drain wa�er from pipes, <br /> eliminate building�r o�her code��o�atzons or dangerous c�nditions, and have u�i�it�es�urned on ar off. <br /> A��hough L�nd�r may�ak�act��n under��Z�s Sectzfln 9, Lender does not ha�e to do so and is not under any <br /> dut�r ar ob�igation to c��sa. �t�s agre�d tha�Lender incurs no ��ab��zty for no��ak�ng any nr al� actions <br /> auth�rized und�r�his Se��ion 9. <br /> Any am�unt�d�sbursed by L�nder under�h�s Sectxon 9 shal�b�com�additi�nal deb�of Borrov��r secur�d by <br /> th�s Secur�ty Instrumen�. These amoun��s�all bear inter�s�at�he N��e ra�e from the da��af disbursem�en� <br /> and shal�he payable, w�th su�h interest, upan notice fram Lender to B�rrower requ�st��ag pa�m�nt. <br /> �f�his Security �nstrum�n.�is on a�easehold, Borravver shall�amply with all ��e provisions of the��as�. �f <br /> Barra�ver acqu�res fee t��ie�o��e Proper�y, the�easehold and�he fee title sha11 not merge unle�s Lender <br /> agrees�o the merger in wri�i�g. <br /> '1 D. Mortgage �nsurance. �f Lender r�qu�re�.Mortgage Insurance as a cflnd����n of making the Loan, Borrower <br /> shall pay th�premiums requir�d t�rnainta�n the Martgage Insurance zn eff�c�. �f, for any reason, �he <br /> N.�ortgag��nsurance�a�erage requzr�d by L�nd�r�ease� to b�ava��ab�e from th�mor��age znsurer that <br /> prev��usl�pr���ded such insurance and Borravver was required to mak�separa�e�y d�s�gnat�d pa�ments <br /> �oward the prerx��ums for Mor�gage�nsurance, Borrawer�ha��pa� th�pr�m.�ums requir�d��nbtain c��erage <br /> subs�ar�t�all�equ�vaxent�o t�e Mar�gage�nsuran�e pr�w�ously in effect, at a cos�substant�a�ly equi�a��nt�o <br /> th�Cost t�Borr�wer of the Mor�gage�nsurance prev�ou��y�n�ff�ct, from an alternate mor��age insur�r <br /> se�ected by Len��r. �f substantial�y e�u�v�a�ent N��r�gage��sura.�ce cov�rage is not ava�lab�e, Borr�v�er sha�l <br /> NEBRASKA-Sir�gie Family-Fa�nie MaelFredrfie Mac UN(F�RM fNSTRUMENT Farm 3�28 71�1 <br /> VMP Q VMPS�N�y t�302y <br /> Wolters ICluwer Financia!Ser�ices Page 8 0�17 <br />
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