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201700148
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Last modified
7/28/2017 1:28:47 PM
Creation date
1/9/2017 8:47:11 AM
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201700148
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2� 17�� 148 <br /> for�he repairs and res�arat�on xn a sing��paymen�or�n a serie�af pragr�ss pa�rmer��s a��he work is <br /> comp�e�ed. �f the insurance or Cond�mnat�on pr�ceeds are not suff�Cient t� repair or r�st�r��he P�-�p�r�y, <br /> Barr�vver is no�rel�eved of Bnrr�wer's ob��ga�ion f�r th��arnp�etzon of su�h r�pair�r r�stvratio�. <br /> Lender or i�s agent may n�.ake reasonabi�en�ries upon and�nspect�ons of the Praper�y. If it has reasonab�e <br /> cause, Lender nlay xnspect the in�eri�r of the�mprav�ments�n�he Proper�y. Lender sha1�give Borr�v�rer <br /> not�ce at�he time�f or prior to such ar��n�eriar�nspe�ti��.sp�c�f�ing such reasonabl�cause. <br /> 8. Bnrrowe�'s Loan Application. B�rrower shall be�n default if, during the L�an app��ca�ior�pro�ess, <br /> Borr�wer or any persons or enti�ie� acting at the d�rec��on vf B�rrower�r wi�h Barrav4r�r's kno��edge ar <br /> ��nsent gave ma�er�a��y fals�, m�s��adzng, or inaccurate�nf�rma�ion ar statements��Lender�or failed to <br /> pr��ide Lender v�ith�nateria� informati�n} xn�ar�ec��an w�th�h�Loan. Material repres�ntat��n�inciud�, �au� <br /> are not li�ni���.��, representatians concern�ng Barrovv�r'�occupancy of�he Pr�p�rt�as�orr��rer's pr�nc�pal <br /> reszdence. <br /> 9. P�atectinn vf Lender's �nter�st �n the P�raperty and Rights Under this Security Instrument. �f�a} <br /> Borrovver fails�o perform�he c�ven.ants and agr�ements contained in this Secur��y �n�trumer�t, �b� th�r��s a <br /> �ega1 pr��eeding tha�might sign��cant�y aff�c� Lender's interest in�he Pr�per�y andlor rights und�r this <br /> Se�ur�t��nstrumen��such as a pr�ceed�ng zn bankrup�cy, pra�ate, for condemnation�r forf�i�ure, for <br /> �nfarcement af a lien which may atta�n pr�ority over th�s Security Ins�rument�r�fl enf�rce laws �r <br /> regulat��n��, ar�c} Borrower has abandan�d the Proper�y, then L�nder may da and pay for v�rha�e�er�s <br /> reas�nable or appr�pr�ate�o pr�te�t Lender'� �nt�r�st in�h�Property and righ�s under�Yiis Secur�ty <br /> Xnstrumen�, includ�ng prote�t�ng andl�r asses��ng�he value of the Proper�y, and s�curing andl�r repair�ng <br /> the Proper�y. L�nder's actions can include, but are no���m�.ted ta: �a}pay�n�any sums s�cured by a lien <br /> which has priority over this S�cur��y�nstrumen�; �b} app�ar�ng in cour�; and�c}pay�ng reasanable at�arn��s' <br /> fees��prote��its intere�t��the Pr�per�y andlor righ�s und�r th�s Securi�y Instrunl�n�, �nciuding�ts secured <br /> po��tion in a bankrup�cy proc�eding. S�curxng the Pr�perty inC�udes, but is not�imit�d�a, entering the <br /> Proper�y��m.ake repairs, �hange locks, rep�ace�r bnard up daors and w�ndaws, drain wa�er from pzpes, <br /> e�inunate bu�ld�ng or o�her cade vxolat�ons tir dangeraus condi�i�ns, and haWe ut���t��s turn��on or off. <br /> A��hough Lender ma�r take act�on und�r thzs Sect��n 9, Lender does no�have t�da so and is no�und�r any <br /> du�y�r ob�igati�n ta do so. ��is agreed that Lender incurs no liability for not taking any or aZ� aGt�ons <br /> au��orized under�his Sect��n 9. <br /> An�r amounts d�sburs�d by Lender under�his Sec�i�n 9 shall become ad����ona.� debt of Borrav��r secur�d by <br /> �his Secur���Instru�rnent. Thes�amouz�ts shal�bear interes�at the N�te rat�from�he da�e of di��ursem�nt <br /> and shal��e payable, w��h such interes�, upon n�tice from Lender to B�rravver re�ue�tzng payment. <br /> �f th�s Secur��y �nstrumen��s�n a��aseho�d, B�rrov�er shal� com�ply�v��h a�l �h�pro�isians of the�ease. �f <br /> Barr���r acqu�res fee title��the Prflp�r�y, th���aseho�d and�he fee t�t�e sha��no�merg�unless L�nder <br /> agrees�o �he merger in u�ri�ing. <br /> '10, M�rtgage �nsurance. �f Lender r�qu�r�d Mar�gage�nsuranCe as a c�ndition of making the Loan, Borrow�r <br /> shall pay the premiums requ�red to maintazn the Mortgage�nsurance in effect. If, far any reason, �h� <br /> N��r�gage �nsuranCe coverage requ�red by Lender c�ases to�e a�aiia�le from�he mor�gage insurer��.at <br /> prev��usly prow��.�d su�h�nsurance and Borrow�r vvas requ�r�d��make separat��y designa�ed paymen�s <br /> toward the prem�.ums for Mor�gage Insurance, Borrov��r sha��pay the premiums required to�b�ain�overag� <br /> substant�a��y equ�val��t�o the Mor�gage�nsuranc�pr�vious�y zn effe�t, at a c�s�substan�ially equ��a��nt�o <br /> �h�cast ta Borr�wer flf the Mor�gage Insurance pre�r�ously in eff���, fram an a��ernate mor�gage insurer <br /> se����ed by Lender. �f�ubs�antial�y��ui�alen�Mor�gage Insurance coverage zs no�a�ailab�e, B�rrower shall <br /> NEORASKA-Single�amiIy-�anni�Mael�reddie Ma�UNl�ORM INSTRUM�NT �orm 3028 1101 <br /> VMP(�a VMPfi�NEf�'�3��) <br /> Woiters Kluw�r Fir�anciai S�r�ic�s Page$vf 17 <br />
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