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201700230
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Last modified
7/28/2017 1:32:05 PM
Creation date
1/11/2017 8:47:38 AM
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DEEDS
Inst Number
201700230
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2� 17��23� <br /> far the repa�rs and restorati�n in a single pa�rment or in a series of progres�paymen�s as�he work i� <br /> comp��ted. �f the insurance ar�ondemna�ian proceeds are no�suff��ien�to repair or restore the Proper�y, <br /> Barrov�rer�s no� rel�eved of Borr�v�er's ob�iga���n for�h�comp�et�on af such r�pair ar restorati�n. <br /> Lender ar z�s agent may make reasonab�e en�r�es upon and inspect�ons af�h� Proper�y. �f��has r�asonable <br /> �ause, Lend�r may �nspec��he�nter�or of th�im.pro�ements�n�he Proper�y. Lender sha�� gi�e B�rrawer <br /> notzce at th���m�of or prior�a suc�an�nter�ar�nspection spec�fy�ng such reasonab�e cause. <br /> S. B�rr�r►ver's L�an Application. Borrower shall be in default if, during the Loan app�ica�i�n pr�cess, <br /> Barrower or any persans�r entitie�acting a��he�ire�tian�f Borrower�r with Bnrrou�er's kn�wledge�r <br /> cons�n�gave materially fa�se, m�sl�ading, or inaccurat�informatian ar s�a�ements�o Lender�or failed�� <br /> provide Lender w�th mat�ria� �nformat��n} in connec���n w��h the Loar�. Mater�a� repres�n�a�xons �nc�ud�, but <br /> are no���m�ted�o, represen�ations concern�ng Bflrrower's occupancy of�he Propert�r as Borr�vc�er's pri�cipa� <br /> residence. <br /> 9. Prntectivn of Lender's lntere�t �n the P�aperty and Rights Under this Security Instrument. �f�a} <br /> Borra�er fails to perform�he co�enants and agreements contained in this Se�ur�ty �nstrumen�, ��}�here is a <br /> legal proCeeding that mi.gh�sign��cant�� affec� Lender's in�erest in the Proper�y andlor rights under this <br /> Secur�ty �ns�rument�such as a proceed�ng�n bankrup�cy, pr�bate, f�r condemnat�on�r forfe�ture, for <br /> enforc�ment of a lien tivhi�h may attain priarity a��r�his Securi�y �nstrum�n�or to enforce laws or <br /> regulations}, or��}Borrovv�r has abandon�d the Property, �hen�,ender may do and pay for wha�ever is <br /> r�as�nable or appr�priate�a pro�ect Lender'� �n�eres�in th�Proper�y and righ�s under this Securi�� <br /> Instrument, �nc�uding prot��t�ng andlor ass�ssing the value of�h�Pr�perty, an�secur�ng andlor repa�r�ng <br /> th�Fr�per�y. Lender's act��ns Gan inc�ude, but are nat��m�ted�a: �a}payzng any sunz��e�ured by a lzen <br /> �h�ch ha�pr�or�ty ov�r�his Secur��y�n�trumen�; �b} appear�ng�n caurt; and�c}paying reasanable attorneys' <br /> fee�t�pra�ect its interes�in the�raper�y andlflr righ�s under this Secur�ty Instrument, inc�ud�ng �ts secure� <br /> pasit�an in a bankruptcy pro�eeding. Se�uring the Proper�y inciudes, but is not�imi�ed to, enter�ng th.e <br /> �'roper�y�a make repairs, change lock�, replace or board up do�rs and windo�s, dra�n water from pip�s, <br /> e�irr�na�e building or o�her cade viola�ians or dangerous c�nd�tions, and haw�u�iii�ies�urne��n or off. <br /> A�thvugh Lender may�ake action under�his 5ec�i�n 9, Lender does not hav��o do so and is not under any <br /> du�y nr obligat�on to da so. Xt �s agreed tha� Lender�ncurs no liabiii�� for not takx�g any or a�� actions <br /> au�hor�zed under th�s Sect�an 9. <br /> Any amoun�s d�sbursed by Lend�r und�r�h�s Section 9 sha��become addi�iQnal d�bt�f B�rro�er secured by <br /> this�ecurity �nstrurnent, These amaunts sha�� bear intere��a��he Not�rate from the dat��f d�sbursemen� <br /> and shal�be payab�e, w��h such�nt�rest, upan noti�e from Lender�o Barra�ver requesting pa�rm�n�. <br /> �f this S�curzty �nstrumen� is on a�ea�eh��d, Borrawer sha���amp�y w�th aII th�pravi�ions of the�ease. If <br /> Barrower acqu�res f�e tit�e��the Property, th��easeho�d and the fee tzt�e s�a�� not merge un�ess Lender <br /> agrees t�t�e n�erger in writing. <br /> '�0, Mortgage lnsurance. If Lender requir�d Mar�gag�In�urance as a candition�f making the Laan, Borrawer <br /> sha��pay the premiums requ�red�n main�ain the�Vlortgage Insurance in effect. �f, for any reason, the <br /> N�or�gage�nsurance co�erage requ�red by Lender ceases�o be a�ailable from the mortgage insurer that <br /> pre��ausZy prov�ded such insurance and Borr�wer was requ�red�o make separat�ly��s�gnated payments <br /> �oward th�premiums far M�rtgage Insurance, Bor�awer sha��pay the premiumS requ�r��to�btain c��erage <br /> su�stantially equi�alen��o th�Mor�gag�Insuran�e pr�viously in�ffect, at a c�st substantia��y equi�a�ent to <br /> �he c�st to B�rrower�f�he Mortgage�nsurance pr��i�usly in�ff�c�, fram an a�ternate nr�or�gage�nsurer <br /> se�e�t�d by Lender. �f sub�tantza�iy�quivalen�M�rtgage In�uranc�c�v�rage�s not a�a��abie, Barr�w�r shall <br /> N�6RA5KA-Sirtgle Family-Fannie Ma�IFreddie Mac t1Nt�QRM 1NSTRUM�NT �vrrn 3Q�8 11�1 <br /> VMP[� VMPfi{NE1�13a2� <br /> WoEters Kluwer Financial Services Page 8 of 17 <br />
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