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201107044
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Last modified
9/22/2011 3:57:20 PM
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9/22/2011 3:57:19 PM
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DEEDS
Inst Number
201107044
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�o��0�044 <br />for the repairs and restoration in a single payment or in a series of progress payments as the work is <br />completed. If the insurance or condemnation proceeds aze not su�cient to repair or restore the Property, <br />Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable <br />cause, Lender may insp�t the interior of the improvements on the Property. Lender shall give Bonower <br />norice at the time of or prior to such an interior inspection specifying such reasonable cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Banower or any persons or entiries acting at the direction of Borrower or with Borrower's lmowledge or <br />consent gave materially false, misleading, or inaccurate informarion or statements to Lender (or failed to <br />provide Lender with material information) in conn�tion with the Loan. Material representations include, but <br />are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal <br />residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this <br />Security Instnunent (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for <br />enforcement of a lien wtuch may attain priority over this Security Insmiment or to enforce laws or <br />regulations), ar(cj Borrower has abandoned the Property, then I.ender may do and pay for whatever is <br />rea.sonable or appropriate to prote.ct Lender's interest iu the Property and rights under this Security <br />Instrt�ment, includiug pmtecttug anafi/or assessing the value of the Progerty, and securing and/or repairing <br />the Property. I.e�c�'s aekea�as ea�a i�ude, but aae net Iimitec� to: (a} Faying azcy sums secured by a Iien <br />v�hiels F�as priority �wer �zis �ity �n�meut; (h} agge,ari�g in covrt; an� (c) PaYing reasonable attorneys' <br />f�ees tQ grateet its �� irc ti� P�ar�rEy� aad/or rigt�s �er f.Ecrs �nrity ins �m_�r, i�I�.iding its secured <br />�sitiaa i$ a bat�kr�tc�a g�g- �c�ng ttce Prctt�sert� iuclu�es, but is not limite� to, euteriug the <br />Prop�at}r ta �ke rep�s, el�age I� I�F2C� OL b0� U� i�OOT3 8II(Z W1II(IOWS, dra� water from pipes, <br />eli�nitnate b�.ilding or att�e� c.,oc�e violatiamt or cfi�gerous conditions, and fiave utilities tzuned an or ofF. <br />.4lthough �der may take actioa uuc�er this SeEtioa g, �er does not have to cto so and is not under any <br />duty or obligatio� to do so. It is agre,ed tl�at Lender incurs no liability for not taldng any or all actions <br />anthorized uuder this Seetiorc 9. <br />A.ny an�ounts disbursed by Le�e�- unc�er t3�is Sectiaa 9 sbatY become ac�dition�t debt of Borrower secured by <br />this Security I�e�t. These arnotmts sYtatl bear interest a� the 1Vate rate from the date of �isbursement <br />anc£ shall be payable, with such iaterest, upon notice from Lender to Borrower requesring payment. <br />If this Security Instru�ent is on a leasehold, Bonower shall comply with all the provisions of the lease. If <br />Borrower acc}uires fee ritle to the Property, the leasehold and the fee ritle shall not merge unless Lender <br />agrees to the merger in writing. <br />10. RRortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br />shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that <br />previously provided such insurance and Borrower was required to make separately designated payments <br />toward the premiums for Mortgage Insurance, Bonower shall pay the premiums required to obtain coverage <br />substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to <br />the cost to Borrower of the Mortgage Insurance previously in effect, from an altemate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Bonower shall <br />fVEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMP Pege�8 of 57 <br />Wolters Kluwer Financfal Services <br />
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