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201607935
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Last modified
7/28/2017 10:10:34 AM
Creation date
11/28/2016 9:40:39 AM
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DEEDS
Inst Number
201607935
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2� 1 ��7935 <br /> f�r the r�pairs and rest�ra�ian zn a sxn���paymen� or zn a s�r�e�af pragress payments as the work is <br /> co�np�e�ed, If the insurance ar�nndemnatian proC��ds are nflt suff�c�ent tfl repair or restore�he Praper�y, <br /> Borrower is not relie�ved�f Borr�wer's obi�gatifln for the comple�ion of such repa�r ar restorat�on. <br /> Lender ar its agent may make r�asanable entr�es upan and �nspec��ons of the Property. �f�t has r�as�nable <br /> cause, Lender ma� inspec�the inter�or�f�h��mprovements on the Property. Lend�r shali give Bnrr�wer <br /> not�c�a�the time of or pr��r�a such an�n�erior inspec�i�r�specifying such r�as�nabl�cause. <br /> S. Borr�wer's Lvan Application. Borrov�er sha11 be in default if, during the Loan appli�ati�n process, <br /> Borrotiver ar any persans or en�ities acting at th�dir�ction of Borrower or w�th Borrower's know�edg�or <br /> consen�ga�e ma�er�ally false, misleading, or znacCura�e�nformat�on or s�atem�n�s�o Lend�r�or fai�ed t� <br /> prav�d�L�nder with ma�er�al �nforma��on� in connection wi�h the L�an. Mat�rial repres�ntatians inc�ude, but <br /> are n�t lzmi�ed t�, representat�ons c�ncerning Barrower's o�cupancy�f�he Praper�y as B�rr�v��r's principa� <br /> residence. <br /> 9, Pratectian vf L.ender's Interest in the Prope�ty and R�ghts Under this Se�urity Instrumertt. �f�a} <br /> Borr�w�r fails to perform the c�venan�s and agreements contained in this Security Instrument, �b}�h�re�s a <br /> ��ga�proceed�ng that m�ght s�gnzf�cantly aff��t Lender'� interest �n th�Praperty andl�r rights under this <br /> Secur��y �ns�rument�such as a proceeding in bankruptcy, probate, fnr��nd�mna���n ar farfe��ure, for <br /> �nfarcem�nt af a lien wh�ch may a�tain pr�orzty aver xh�s Secur��y �n�trum.en�or to enf�rce lav�s or <br /> regulati�ns}, ar�C} Bflrr�w�r ha� abandaned the Praperty, then Lender may da and pay f�r whatever�s <br /> rea��na�a�e�r approprzate�o protect Lender's intere�t in the Praper�y and righ�s under this Security <br /> �nstrumen�, inc�uding protec�ing andlar assessing the value of the Pr�perty, and secur�ng andlor repair�ng <br /> the Pr�per�y. Lender's ac�ions can inc�ude, but are not limited tfl: �a} pay�ng any sums secured by a lien <br /> which has priari�y aver this Se�:urit�Instrument; �b} appearing in c�urt; and�c}pay�ng reas�nab�e at�orneys' <br /> fees to pra��ct its interes�in the Proper�y andlor r�ghts und�r th�s Security �nstrument, including its secured <br /> positian in a bankruptcy proceed�ng. Secur�ng �he Pr�perty includes, bu� is na� iimi�ed ��, ent�r�ng the <br /> Pr�pert�to make repairs, change lacks, rep�ace or board up do�rs and�indativs, drain�va�er fram pipes, <br /> e�im�na�e bu��d�ng or a�h�r code vi�lations or dangerous cond���ons, and ha�re u�x��ties turned�n flr off. <br /> A��hough L�nder may �ake actian under this�ection 9, Lender daes not have to d�so and is no�under any <br /> duty or obligat�on ta da so. �� �s agre��.tha� Lend�r�ncurs na Iiabilit� fQr na� taking an� ar ail actions <br /> au�horized und�r th�s Secti�n 9. <br /> An�r am�un�s disbur�ed by Lender under this Section 9 shall become add�tional deb�of Bflrrawer�ecured by <br /> this Secur��y Instrument. These ar��unts shali bear interes�a��he No�e rate from the da�e❑f d�sbursement <br /> and shall be payable, with such interest, upon nat�ce fr�m Lender�o Borrower requesting payment. <br /> �f this�ecur��y �nstrumen� �s on a��aseha�d, Borr�wer shall c�mply with ai� the pra�isions of�he�eas�. �f <br /> Borrovver acqu�res fee t�t�e to �h� Proper�y, the leas�ho�d and th� fee��t�e sha�� no�merge unless Lender <br /> agrees �o th�merg�r in writing. <br /> ��. �1f��rtgage �nsuran��. �f L�nder requ�red �Vlar�gage Insurance as a condi�ion of making the Loa.r�, B�rrativer <br /> shall pay the premiums required ta mainta�n the Mar�gage Insuran���n effec�. �f, far any reason, �h� <br /> Martga�e �nsurance coverage re�uired by Lender c�as�s to be available from�he mortgage�nsurer that <br /> previaus�y provided such insurance and Borrower was requ�red ta m.a.ke separately designa�ed payments <br /> toward the premiums for Mort�age�nsurance, Borro�ver shal�pay the pr�miums required��obta�n coverage <br /> substantially equiva�en��o the Mor�gage�nsurance previously in effect, at a c�s�substant�al�y equivalen�to <br /> �he cos�to Borrower of the Mor�gag�Insurance pre�i�us�y �n eff�c�, from an a�terna��mortgage insurer <br /> selecte�l�y Lender, If su�stan��a�l�equ�val�n� N��r�gage�nsurance ca�erage�s not avai�able, Barrower sha�� <br /> NEBRASKA-Singie�ami�y-Fan�ie MaelFreddie Mac UNiFDRM lNSTRUM�tJT ��rm 3D28�1�7 <br /> VMP[� VMPfi{NE)��342� <br /> Wvlters Kl�wer Finar�ciat 5er�ices Page 8 af 17 <br />
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