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<br /> LOI�PI N�. 1 �3'►a. t n �� t
<br /> , All Insurance pollolea and ronewata shafl lae accepte�le to Lender and ehull Includo a atr�RCl�trrJl m�r�tf,}��o clauoa.
<br /> � Lencler ehall{teve the ilgnt to hold the poflctss and renewaie.ii�endn�r&Wil{iiss,�3raL�t3r st�ndl��m�:11�lVC 4�l.er.::;tt _
<br /> n�sura�ce carr�ie snd eincfer.Lerider may make prloot o}losa R nat mad9 pro ptiy by F�orrower.�t natic;r�tn thc�
<br /> � U�Sl�ss Ls�tisr ae�d Borrower oih�nvlse�pree in wrftin�,insurance proeopci�ahali Ln al��ll�td 4�r�3nYi:�tictre ar e� alr .� ,
<br /> of the Property damaged,H the restaratlon or repalr Is economlcally teuslble and Lender's sec,urfty I�nrt taanenc�ci.I�thA
<br /> restoratlon or repalr Is not economlcnAy feasible or Lender's securfty would be lessened,the Inour�na4�raceedQ aht�ll ,
<br /> be applled to the sums secured by thls Security Instrurnent,whether or not then due,wfth anv exLC�tza{��(t�t�Qortowvr. „
<br /> ' I�Borrowor abandons tho Prope�y,or does not answer withln 30 days a notlae irom tendor that tho Innumltca carrfAr
<br /> �•���`"'' ! has offerad to settle a ciaim,then Lender may cdlect the Insurance proceeds.L.end�tr may�e�e tha pr�cvQd:s to repalr
<br /> •��-%��^^ or restora the Property or to pay sums securod by thls Securlty Instrument,wh�thar�r n�t theh e�,ue.'1'i?o 30�day perlod
<br /> wi11 hegin wiien ths notice Is ghran. �
<br /> Unless Lender arxi Borrower othenn+lse agree In wr(tirg,any appllcatlQn af(.�rr.�eRtit�tC}.'v�re��al shall not extend or
<br /> po�tpone the due date oi the monthty�aNnants refeRed to In paragraphs 1 and 2 wr eahmrtg;e 4ho amount of the
<br /> ": , payments�. If under parF►graph 21 the PrP�rty Is a�o�=oed�e acqu sitlon shail pass onLender to th extent af the a ms
<br /> ::;;:.'�:' .�� p r o c s e d s r e s u i t i n g f r o m d a m a g�t o t h e p e r t y p ""�' .�:
<br /> �'°} �`�? sec�tred by thls Securfty Instrument Immedlately prlor to the ecqulsftlon. �=;���
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<br /> . .;r,� e.O ccup�ncy.F�re�r v a t i o n,M N n t e n�n c e e n d P r o t e c t t o n o t t n e�'r��r t y;B o R O w e r s L a sn A p plicatlon; �,:_'_
<br /> LeasehoWs. eonower shall occupy,establisii,snd use the Ptoparry�;s Barrc�.yQr's Rrincfp�l residence within s(xty days
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<br /> .,r;st.{ ��, aRer the executlon of this Security Instrument and shali corrtinue to occupy tho ProRerty as Borrower's princ(pai
<br /> ' `'`ti''���'.'� � reaid�nce for at least one year after tha date of occupancy,unless Lender otherwlse agrees U wrfting,which consent -
<br /> shall not be unreasonably wfthhQld,or unl�ss extenuating clrcumst�nces exlst whlch aro be�ar�d Bonower's controi.
<br /> � � Borrower shail not destroy,damage or impair the Property,a11aw the Property to deterlorat�.or commit waste on tNe �..�-<
<br /> ' Properry.Borrower shall be in default if ar��forfefture actlon or proceeding,vuhether c(vll or�riminal,Is begun that tn �-,-
<br /> ' '°`' Lender's good fatth Judgmont could result in forfefture of tho Property or othen�rlse materiali�impalr the Ilen created by �.-
<br /> ��•'':;:��� '.:�' � this Security Instntment or I.o�der's securfty frrterest.Borrower may aure such a e)a�ault�nr3 relnstate,as provided In �
<br /> �:':;a �� par�graph 18,by causing thp�ction or proceeding t�be dismissed with a rulln�4�aa2,ln Leroder's good fatth �,��;�;:r=
<br /> ''.:'�+"�, detemninatlon,Qrecludes forfefture of the 8orrower's intere�t(n th�Pro�erty or oY�ar material0mpairment of the Ilen - _
<br /> 7, 3 ,�.
<br />� -��:����:•� '.. created by th9s Securfry Instrument or l.or�dar's securiry Interes�Borrr�wer shall also be In dofauft H BoRawer,during the
<br /> _���„�;'}t`�°� loan sppllca4ion process,gave materia0ly 9alse or tnaccurate Infom�ation or statemants to Lender(or failed to prov{do _
<br /> !�`� ��;,+��w[�p�y nwteriallntormatlon)in cannection wiila the loan evklenced by t9�a Note,f ncluding,but�ot Ilmfted to,
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<br /> �� : representeilons conceming Bonowar's occupancy o�iha Property as a principa�residence.ii i��is 5�.�a f.;ot^.'m�:st!s � Y
<br /> � he leasehd�a�nd he fee tidefshalmn�i ohge un e e Lenderagrees o the�mor�e�irsewrfting rea fee tftle to ti�e Property,
<br /> 7.Prottction ot L�ndrr'�Right�in 3�a PrapaRy. if�onowor faits to pedonn the covenants and agreemeMs
<br /> � � � corrtainerl In thia Securtty Instrument,or there Is a legal proceeding that may slgnfflcarrtiy affect Lender's righ'ts In the
<br /> .''' � Property(auch se a proceeding In bankruptay,probate,for condemnatton or torteiture or to enforce laws or
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<br /> �w:�.��«..,: , regulatbna),then Ler►der►nay do en�pay for whatever la necessary to protect the vaiue of the Pro and Lende�'s
<br /> T:.�a.,.;:,,r rbhte In the Property.l.ender's actlons tnay Indude paying any swns secured by e Ilen whlch has prlo over thla
<br /> - z-�i-�� Securtty Instrume�'t,appearin�In court,paying reasonable ettomeys'tees�nd enterinp on the Property to make
<br /> _:-_.�f" "�`" repa�re,qRhotph L�nder may take actlon under thla pare�reph 7,Lender does not he►ve to do eo.
<br /> .�`�"°i�'��� Any emouMe dlatwrsed by Lender under thla paregraph 7 shall become addHlonel dabt ot BoROw►er secured by
<br /> -:�''��• thls Securky Inatrument.Untess Borrower n n d L e n der a9ree to o t h er t e r m a o f p a y m e r n�t h e s e e m o u M e s h a ll bear
<br /> -�-�;:���� IMerest nom the date oR disbursement at the Note rete and shail be payeble,with IMerest,upon not{ce irom Lencler to
<br /> x� ��� Barro�wer re�a�atin9 PaYmeM. �_
<br /> � �� a.llllo�s��Ir�sueu�cs. If L�ander requfred mortgage Insurance ao a condftlon af mnking tt�toen sacured by inis
<br />___ �- 5:.��r t t y lr�Mmzent,Berre�rer stt•�!!�y t�+premlums requlred to malntsin the mortga9e tnsurance In etEect.if,for sny �_
<br /> - roason,the mortgage tnsurance covQrege required by l.ender lapses or ceases to be In etfecL Bon'awer s h a l l pay t h e
<br /> -� ,�=-T� tnaurance ou�! In effect�at a cost
<br /> pr e m�u r r�s re q u l re d t o o b�l n c o v e r a g e substeu�tlall y a quivalent to tho mortgage _p� Y
<br />__=r�?'°� substantially equtvaler�t tu the coat to Borro�wer ot the mortgage tnsurance txevlousiy tn effect,irom an aiterna te -
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<br /> _ - - - mcutgege Insurer a p p r o�ved b y Lender.if substaMlally equivaleM mortgago Insurance cauerage Is nat avaNa e,
<br />_�;��� Insurarn.�e lumbel
<br /> _�.—�.�,� Borrower shall pay to Lsncier eaCh moMh e sum equal to one-tweifth of the yearly mcxtga9e P� �
<br /> -�"^"��� pakl by Bort�as�rer w h e n t h e Insurance cavera g e l a p s e d ar ceased to be fn e�fecL I.ender will ac c e p t,�se and rsta(n these
<br /> _..�_""'�-- pc�y�neMs as a loss reservo in Ileu of mortge►ge fnsurance.Loss reserve payrt�s may no longer b e�equfred,et the
<br /> :.��.zR�� o�ticyn of Lencier,H mortgage(nsurance coverage(in the amourn and for the perioda that Ler�der requtros)provided by
<br /> -- an insurer approved by Lender agaln becames avaNable and is o�talned. BoROwer shal!pay tho premlums required to
<br /> -=;��~°�� ma1�eln mo�nage Insurance in eHect,or to provkle a loss reserva,u►nN the requlremeM fmr mUrt9age(nsurence enda
<br /> ;;���'-,,,,��` }��` ' In accordanCe with any mitten agreemoM between Borrower artd l.�ndEr or 2pp11cable law.
<br /> ��:�;�:. 9. l�»p�ction. Lersdar or its a�eM may make reasonable eMr3es�pruro erx�dnspectlons of the Property. Lender _
<br /> `L=;^� � ?- ".'�� shall ive Bonower notico at tho tirroe o�or prlor to an inspectlan specSiyln9 reasonable ca�so for tho Inspection. ;;.. ..
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<br /> �� � � '.. NEERASKA-SINGI.E FAMILY-FNAM/FHLIIIIC UNIFOF11f11MSTRU���' , �� �R���/� __ _
<br /> - ISC/CMDTNE//0782/3028(A�90?.� PAOE 3�bF 6 ���_
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