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201107509
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Last modified
10/12/2011 4:31:49 AM
Creation date
10/7/2011 4:20:49 PM
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DEEDS
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201107509
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201107509 <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 are not sufficient to repair or restore the Property, <br />Bonower 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 inspect the interior of the improvements on the Property. Lender shall give Borrower <br />notice 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 />Bonower or any persons or enrities acting at the direction of Bonower or with Borrower's l�owledge or <br />consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to <br />provide Lender with material information) in connection with the Loan. Material representations include, but <br />are not limited to, representations concerning Bonower'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 />Bonower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a <br />legal pr�ing that might signific�ntly affect Lender's interest in the ProperEy andlor rights under this <br />Security Instnuneat (such as a proceeding in banla�uptcy, pmbate, for condemnation or forfeiture, for <br />enforcement of a lien which may attain priority over tlus Security Instnxment or to enforce Iaws or <br />regulations), or (c) Borrower has abandoned the Property, then I.enc�er may do and pay for whatever is <br />reasonable or appropriate to grotect Lender's interest in the Property and rigb.ts unc�er this Security <br />Instrument, including proteeting and/or assessing the valtie o€ tfie Prop�rty, arcd securing and/or repairing <br />tt�e Froge�y. I.eIIder's ac�ioa:s c� iucIucte, but are not �i.�citec� to: �a� FaY'vag aay s�ms se,e� by a lien <br />wl�e�a t�s priorit�r over fi�s �i�Y Yn�e�t; (b) aPP�ring ia co�t; aac� Ec) gayi�g reasoIIable attvrneys' <br />f� to grcrt�t its �teres8 i�e � ProgeaEy a�d/ear rig�s t�at�er tT�s �ity �E, inctttctittg its secut�ect <br />positioa i� a EsaaT�etgEcy .�g t�te Pm�rly in�Z�es, but is ao� Fi�it�d to, errte�ing tfi�e <br />Prapetty �cr � a�ra�as e,�ge Fo�s, rep�ac� or boarc� up doe� a� wia�o�rs, dcais� �ter from pipes <br />e�i�ate �uiic�g os crther code �ioiations as dangerovs conditicros, anc� have utilities tvrneci on. or off. <br />�It�cvtFgfi LzIIdes r�ay take a�Aeflrn uuder this Sect�on 9, �.end�r dves �ot have to do so azid is not uuder any <br />duty or obligarion t� c�o �. It is agre.� tt�at Lender incurs aa Iiabitity for not taldng aiiy or ail actions <br />authorize� u�der this S�iQn 9. <br />Any amct�ts �isbzu�se�t by beacFer w�er this S�ectian g sha[i become additionai ctebt of Bosrower secured by <br />tF�is �eeurity i�en�. Titese arn�unts shall �ar interest at the I�ic�te rate from the ctate of disbursement <br />and sha�l be p�yable, with such interest, upon notice from Lender to Borrower rec}uesting payment. <br />If this Security Instrument is on a leasehold, Bonower sha11 comply with all the provisions of the lease. If <br />Borrower acquires fee title to the Property, the leasehold a.nd the fee title shall not merge unless Lender <br />agrees to the merger in writing. <br />10. Mortgage tnsurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower <br />sha11 pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the <br />Mortgage Insurauce 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, Borrower shall pay the premiu.ms 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 eff�t, from an alternate mortgage insurer <br />selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall <br />NEBRASKA-Single Famtly-Fannie MaelFreddfe Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP Q VMP6(NE) (1105) <br />Wolters Kluwer Financial Services Page 8 of 17 <br />� 4 � .� n � �� � 1 <br />
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