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201700278
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Last modified
7/28/2017 1:33:39 PM
Creation date
1/13/2017 8:53:25 AM
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DEEDS
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201700278
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� 2� 17��278 <br /> � <br /> � <br /> , <br /> false, misieading, or inaccurate informatian or statements to Lender (or fail�d �o pro�ide Lender with material <br /> information} in connection with the Loan. Material representations include, hut are not limited to, representations <br /> concerning Barrower's occupancy of the Property as Borrawer's principal residence. <br /> 9.Pratection of Lender's Interest in the Property and Rights Under this Security Instrument.If�a}Barrower <br /> fails to perform the co�enants and agreements cantained in this 5ecurity Itastrument,�b}#here is a legal proceed�ng that <br /> might signif cantly affect Lender's interest in the Prop�rty andlor rights under this Security Instrument �such a� a <br /> proceeding in bankrup�cy,probate,for condemnation or forfeiture,for enfnrcement af a lien which may attain priority <br /> o�er this Security Instrumen#or to enforce laws or regulations},or(c�Borrovrrer has abandoned the Property,then Lender <br /> may do and pay for whate�er is reasonab�e or appropriate to protect Lender's interest in the Property and rights under this <br /> Security Instrumen�,including pratecting andlor assessing#he�alue of the Praper�y,and securing andlor repairing the <br /> Property.Lender's actians can include,but are not limited to:�a}paying any sums secured by a lien�hich has priority <br /> a�er this Security Instrument;�b}appearing in court;and(c}payin�reasonable attorneys'fees to protect its interest in the <br /> Property andlor rights unde�r this 5ecurity Instrument,including its secured positi�n in a bankruptcy proceeding.Securing <br /> the Property includes,but is not limited t�,entering the Property to make repairs,change locks,replace or board up doors <br /> and windows, drain wat�r from pipes, eliminate building ar other cad��iotations or dangeraus conditions,and ha�e <br /> utilities turned on or afF.Al�hough Lender may take action under#his Section 9,Lender does not ha�e to do so and is not <br /> under any duty ar abligation to do so. It is agreed that Lender incurs no liability for nat taking any or all actions <br /> au�horized under this Sectian 9. <br /> Any amounts disbursed by Lender under this 5ecti�n 9 shall became additianal debt of Borrawer secured by this <br /> Security Instrument. These amaunts shall bear interest at the Not� rate from the date of disbursement and sha�l he <br /> payable,with such interest,upan notice from Lender to Borrawer requesting payment. <br /> If this Security Instrument is on a leasehold,Borrower shall comply with all the pro�isians of the l�ase.If Barrower <br /> acquires fee title to the Property,�he leasehold and the fee title shall not merge unless Lender agre�s to the merger in <br /> writing. <br /> I�.Mortgage Insurance.If Lender required Mortgage Insurance as a condition of making the Loan,Borrower shall <br /> pay�he premiums re�uired to maintain the Martgage Insurance in efFect. If,for any reason,the Mortgage Insurance <br /> co�erage required by Lender ceases to be a�ailabie fram the mortgage insurer that pre�iously pro�ided such insurance <br /> and Borrower was required to make separately designated payments taward th� pr�miums far Mortgage Insurance, <br /> Borrower shall pay the premiums required to obtain co�erage substantialiy equi�al�nt to the Martgage Insurance _ <br /> pre�iausly in effect,at a cosf substantially equi�alent ta the cos�ta Borrower of the Martgag�Insurance pre�iously in <br /> �ffect,fram an alternate m�rtgage insurer selected by Lender.If substantially equi�alent Mortgage Insurance co�erag�is <br /> not a�ailable,Barrower shall continue ta pay to Lender#he amount of the separately designated payments that were due <br /> when the insurance ca�erage ceased to be in effect. Lender will accept, use and retain these payments as a non- <br /> refundable loss reserve in lieu of Mortgage Insurance.SuGh lass reser�e shall be non-refundable,notwithstanding the fact <br /> that the Loan is ultimately paid in full,and Lender shall not be required to pay Barrawer any interest or earnings an such • <br /> lass reser�e.L�nder can no longer require loss reserve payments if Mortgage�nsurance�v�erage(in the amount and for <br /> the period that Lender r�quires}pro�ided by an insurer selected by Lender again becomes a�ailable,is obtained,and <br /> Lender requires separately designated payments toward the premiums for Mort�age Insurance. If Lender required <br /> Martgage Insurance as a candition af making the Loan and Borrower �as required to make separately designated <br /> payments#oward the premiums far Mortgage Insurance,Borrower shall pay the premiums r�quired t❑maintain Mortgage <br /> Insurance in effect,or to pro�ide a non-refundable loss reser�e,until Lender's requirement for Mortgage Insurance ends <br /> in accordance with any written agreement between Borrower and Lender proWiding for such terminatian or until <br /> termination is required by App�icahle Law.Nothing in this Section 1�afFects Borrower's abligation to pay interest at the <br /> rat�pro�ided in the Note. . <br /> Mortgage Insurance reimburses Lender�or any entity that purchases the Note} for certain lvsses it may incur if <br /> Borrower does not repay th�Loan as agreed.Barrower is not a party to the Mortgage Insurance. <br /> Mortgage Insurers e�aluate their total risk an ail such insurance in force from�ime to fime, and may enter into <br /> agreements vvith other parties that share or madify their risk, or reduce losses. These agreements are on terms and <br /> conditions tha� are satisfactory ta the mortgage insurer and the other party �or par�ies} to these agreements. These <br /> NE6RASKA-Single Famiiy-Fannie MaelFreddie Niac UNIF�RM�NSTRU�iENT with MERS Form 3�28 1�U1 <br /> Page 7 of 13 �� <br /> . �u5,�nc.•30221 . Borrower�s}Init�als <br />
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