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201700180
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Last modified
7/28/2017 1:29:18 PM
Creation date
1/9/2017 11:16:08 AM
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DEEDS
Inst Number
201700180
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2� 17�� 18� <br /> far the repa�rs and restorat�an �n a single paym�nt ar in a ser�es of progress payments as �he work �s <br /> comp�eted. �f the�nsuran�e ar condemnation pr�ceeds ar�no�suf��cient to repair or rest�re the Prflper�y, <br /> Borr�wer�s not re��e�ed of B�rrav�er's ��ligation for the camplet�on of such repair ar restora�ian. <br /> Lender nr�ts agent ma�make reasonabie entries upon and inspe�t�on�af th�Property. �f��ha�r�asona��e <br /> caus�, L�nder may znspe�t�he xnter�or of�he impr�vement�on�he Praperty. Lender sha�l g�ve Borr�wer <br /> not�ce at�he t�m�of flr pr�or to such an xnterior inspection specifying such reasonab�e cau�e. <br /> 8. 6vr�ower's Loan App�icati�n. Borro�ver shall he�n default if, during th� Loan applicatioz�proc�ss, <br /> Borrower or any per��ns or enti��es acting at the direct�on of Barr�v�er or with Borr�wer's know�e�g�or <br /> consent ga�e mater�all�fa�se, mis�eading, or�naccurate inf�rmat�on or statem�n�s t�L�nd�r�or fa��ed to <br /> prav�de Lender wi�h mater�a� �nformat�an} in Connec�ion with the Loan. Materia� represen�ations �nc�ude, bu� <br /> are not limi�ed to, represen�ations c��cernzng Borr�wer's occupancy of the Property as Borrower's principal <br /> resid�nce. <br /> 9. Protect�on �f Lender's �nterest �n the Prvperty and Rights Und�r this Security �nstrument. �f�a} <br /> Borrower fails to perfarm the co�enants and agreements contained�n th�s 5ecuri�y�ns�rument, �b} ther��� a <br /> legal proceeding that m.ight s�gni��cant�y affeCt Lender's interest in the Praper�y andl�r r�ght�under this <br /> SeGurity Instrumen��such as a proc�e�ing �n ban_kruptcy, pr�ba�e, f�r can�emna�ion or forfeiture, for <br /> enforcernent�f a�ien which may attain priority over�h�s Securi�� �ns�rument ar�o enforce la�s ar <br /> regu�ati�ns}, or�c} Borrower ha� aband�ned the Proper�y, �hen Lender may do and pay for wha�ever�s <br /> reas�na��e or apprapr�at�to protect Lender's interes� in the Praper�y and r�ghts under th�s Secur��y <br /> Instrument, inc�uding protec�ing andlflr asses��ng the value�f the Prap�rty, and securing andlor repairing <br /> the Proper�y. Lender's ac�ians can include, but are n�t�im�t�d to: �a}pay�ng ar�y sums s�cur�d by a lien <br /> which has priarity over this 5ecurit� �nstrument; �b} appear�ng in court; and �c}pa�ing r�asonab�e att�rneys' <br /> fees ta protec�i�s in�eres� in the Proper�y andlor rights und�r th�s Security �ns�rument, �nc�udzng �ts secured <br /> pos�t�fln �n a ba.n.krup�cy proceed�ng. Securing the Praper�y �nc�ud��, but�s not�imited to, ent�ring the <br /> Prop�rt�to mak�repairs, change x€�cks, replace or baard up do�rs and vvindo�v�, dra�n wat�r f�ram�pipes, <br /> eliminate bui�ding or o�h�r code viola�ions or danger�us conditi�ns, and have u�i�i�i�s�urned on or off. <br /> Al�haugh L�nder nlay�ake ac�ion under thzs 5ec�ion 9, Lender does not ha�e��do sa and�s na�und�r any <br /> �uty�r ab��gat�an t�d�so. It �s agr�ed that Lender xncurs no l�ab�tity for no��aking any or ai� a��i�ns <br /> authflr�zed und�r th�s �ec��on 9. <br /> Any amaunts disbur�ed by Lender under this Se��ion 9 shall become additiana�debt of B�rrower secur�d by <br /> thi� Secur�ty Ins�rument. These amoun�s shall bear int�rest at the No�e rate from the da�e�f dis�ursemen� <br /> and sha�� be pa�a�le, u�ith such int�rest, upan notice from L�n�er�o B�rrn�ver requ�sting paymen�. <br /> �f�hzs Secur��y �ns�rument is on a leaseho�d, Barrower shall canzp�y vvi�h a�l the pr�vis�ons of the lease. �f <br /> Borrower acquires fee ti�ie ta�he Pr�per�y, the l�a�ehald and the fee�i�le shall not xn�rge un�ess Lender <br /> agrees to th�merg�r in wri�ing. <br /> '1�. N1ort�ag� �nsuran��. If Lend�r required Mor�gage �nsurance as a cond�tion af ma.king the Loan, Borrow�r <br /> sha�l pay the prenliums required ta ma�ntain�he Mor�gage�nsurance in effect. �f, for any reason, the <br /> Mor�gage�nsurance c���rage required b�r Lender��ases to be a�azlable fram the mor�gage insurer that <br /> pre�iausly pra�ided such in�urance and Barrower was required to rnak�separat�ly designat��i payments <br /> ��ward�he premiums f�r 1V[art�age In�uran�e, Barr�v�rer sha��pay the prem�u�rn� requir�d��ob�a�n�n�verage <br /> substan�iaxly equ��alen�to the Mor�ga�e Insurance previau��y �n�ffect, at a co�t substant�alxy equ��a�en�to <br /> th�cost to Borrower of�he Mor�ga�e�nsurance pr�vi�us�y in effect, from an a�ternate martgage insurer <br /> selected by Lender, �f substantial�y equiva�ent Martgage Insurance co�erage is nat available, Borrawer shall <br /> N�BRASKA-5ingie Family-Fannie MaelFreddie Mac UNi�ORM INSTRtJMENT Form 3�Z8'tlal <br /> VMP� VMP6(N��t1302� <br /> Walters Ktuwer Fi�anci�l 5er�ices Page S of 7 7 <br />
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