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201109127
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201109127
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Last modified
3/7/2012 11:15:19 AM
Creation date
12/6/2011 8:49:05 AM
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DEEDS
Inst Number
201109127
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201109127 <br /> for the repaiis and restoration in a single payment or in a series of progress payments as the worlc is <br /> completed. If the insurance or condeiru7atiori proceeds are not suf�cient to repair or restore the Property, <br /> Borrower is not relieved of Borrower's ovligation for the completion of such re��ir or restoratioii. <br /> Lender or its agent may malce reasonable entries upon and inspections of the Property, IF it 11as reasonaUle <br /> cause, Lencier may inspect the interior of tlie im�i•ovements on the Propei�ty. Leilder shall give Borrower <br /> notice�t the time af or prior to such an inte�ior inspection specifying such reasonaUle cause. <br /> 8. Bol'rower's Loan Application, Borrower shall Ue in default if, during the Lo1n applicatioiz process, <br /> Borrower or any persons or entities actiiiig at the direction of Borrower or with Borrower's lazowledge or <br /> consent g�ve materially false, misleading, or inaccurate ix�formation or stateinents to Lender(or failed to <br /> provide Lender with materi�l informatioii) in connection with the Loan. Material represent�tions iiZChtde, but <br /> ai•e not liinited to, representations concerning Borrower's occup�ncy of the Propertiy as Borrower's principal <br /> residence. <br /> 9. Protection of Lender's Interest in the Property and Rights Under thi� 5ecurity Instrument. If(a) <br /> Borrower fails to perform the covenants and agreements cont�ined in tlus Security Iilstrumerit, (b)there is a <br /> 1ega1 proceading that snight signi�cantly affec�Lende�'s interast in tlie Property and/or rights under this <br /> Security Iilstrttmeizt(such as a proceeding in baszlcruptcy, probate, for condemriation or forfeiture, for <br /> enforceinent of a lien whic�l may attain priority over tl�is Security Iustrumeni or to enforce laws or <br /> regulatioiis), or(c}Borrower has lbandoized the Property, then Lender may do and pay for whatever is <br /> reasoilable or appropri�te to proteat Lender's intet'est iiz the Pro�erty ancl rights under this Secttrity <br /> Instru�nent, inc7udii�g protectiYlg and/or assessing t17e value of tlze Property, and securing and/or repairing <br /> the Property. Lender's actions can itialude, but are ilot limited to: (a)�aying any sums secureci by a lien <br /> which has priority over tlus Sect�rity Instruinent; (b) ap�earing in cotu�t; aild(c)paying reasonlble attorneys' <br /> fees to protect its intei•est in the Property aud/or rights under tliis Security Instrumenti, including its secured <br /> �osition in a bai�lcruptcy proceeding. Securing tlie Property includes, Uut is not limited to, entering the <br /> Propert�to i�nalcs repairs, change locics, replace ar board up doors arid windows, dsain water froin pipes, <br /> eliininate liuilding or other code violations or dangerous conclitions, and have utilities tlu•ned on or off <br /> Although Lendaz n�ay tarce action Linc�er this Section 9, Lender does noti have to c�o so a�id is iiot under any <br /> duty or oUligation to do so. It is agreed t11ati Lender incurs i10 liaUility for not talcirig�ny or a11 actions <br /> authorized under this Section 9. <br /> Any ainounts disUursed by Lender under this Section 9 shall Uecoiile additional deUt of Borrower secured Uy <br /> this Security Instrument. These a�nounts sha111�ear interest at the Note rate from�he date of disbursement <br /> and sk�ll Ue p�yavle, with suclz interest, upon notice ftoill Lender to Borrower requesting payment. <br /> If this Securit�Instrttment is on�leasehold, Borrower shall cotnply with all t�1e provisions of the lease, If <br /> Borrower acquires fee�itle ta tlie Property, tlie leasehold aud the fee title sliall not inerge unless Lander <br /> agi•ees to the�nei ger in writing. <br /> 10. M ortgage Insurance. If Lender rec�uired Mortgage Insurailce as 1 condztion of inalcing the Loan, Borrower <br /> sha11 pay the pi•en�iums required to snaintain tihe Moi•tgage Insur�nce in effect. If, for auy reasoii, the <br /> Mortgage Insurance cover�ge requirecl Uy Lender ceases to be av�tilable fi•oin the mortgage insurer that <br /> previoi�sly provided such insurance asid Borrower was required to m�ke separa.tely desigilated payments <br /> tnwa�d tlie premiums for Mortgage Iilsur�nce, Borrower sha11 pay tlle premiums required to obtain coverage <br /> substai7ti�lly equivalent to the Mortgage Insurance previously in efPect, at� cost suUstantially equivalent to <br /> the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate rnor�gage insu��er <br /> selected Uy Lender. Tf sLtUstantially equivllent Mortgage Insurance cov�rage is not�vailable, Borrower sha11 <br /> 231230 <br /> NEBRASKA-Single Famlly-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMPO VMP6{NE)(11-05) <br /> Wolters Kluwer Flnancial Services Page fi of 17 <br />
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