201208211 - Laserfiche WebLink

Browse

201208211 BORROV�R COVENAN'CS that Ciorrower is lawPully seised of the estate hereby convcycd and has tlxe right to grant and convey the Property sard fhat the ProperCy is unenoLunbereci, except fox encumbren�as oP rnoord, Borrower warrants �id will defend generally tl�e title to the Property agxinst a11 claims aud demands, siibject to any ericumbrances of rcc;ord, CIIIS SL+CURITY INS'1RUM F;NT combines unifoim covenants for n�tional uae aud non-w�iform covenants wifli litnited variaHons by ji�risdicCion to constitutc a uniform security instrmnent covering re�l properly. Uniform Covenants. Borrowe� vid I_,ender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when dL�e the principal of, and interest on, the debt evidenoed by the Nole and any prepayment chttrges and lete chtu•ges due uuder tlie Nofe. Borrower ehall ulno pay ftwds for Escrow Items pursuant 40 Section 3. Payments due undei tha Note and this 6ecui7ty Instrmnen[shall I�e made in U.S. currency. IIowever, if aiiy cl�ccic or otlie� instrument received Uy Lendar as payixient under the Not�or thie Secm�ify Instrument is rediu�neci to Lender imp�tid, Lender m�y rcqu�re that any or all subsequent payixients due undex flie Note and Chis �ecurity Instrument be made in one or more oF Hze Pollowing forma, ae selected by Leucler: (a) cash; (b)money order; (c) certifed check, baiil�oheck, treasurer's check or cnshier's cl�ecl<, provided tu�y auch clieck is deawn upon an inatitution whose cleposits are insured Uy a federatl lgency, inehumentality, or entity; or(d)L+lecfronic FLmds Tranefer. Paymonts arc dcc�ncd received by Leuder wPien received at tha location dasignated in the Note or af such other looation as may be clesignated lry Lc;ndcr in ac;cordanoe with the notice provisions in Seeiion 15. Lender may return any pe}nnent or partial payme�iL if fhe p2yme��t o��arNa]payments are insufficient ta briug the Loan cwrent. Lender may aooept any paymenf or partial payment insuft"ioienC In bring tl�c Loan ourrenf, wilhout waiv��' of any ri�;hts hcrcunder or prejudice to its rights to refuae such payment or parYial payments in the future, but Lender ie not obligated to apply Euch p�yments at the time such payments are accepted. ff each Periodic Payment is applied as of its scheduled dtxe date, then Lender need not pay interest on imapplieci fiincis. Lendcr may hnld sucl�unapplred fimds witil Rorrowar�inakes payment�to bring the Loan current. If Boxrower does not do so williin a reasonable�7criod oF time, l.euder shall aither apply such funds or return them to Borrower. If not ttpplied enrlie�•, suoh funds will bc app7icd&�tlie outatanciing principal Ualance wider ttie Note immediately prior to Porecloaure. No offsee or ol�in��vl�ioh Borrower u�i612t hflve now or in Che fulure ngain.sC Lei�ider sl�all relicvo Barowcr fiam rnal{iug paymeixts due under Y$e Note and this Security Instrumevt or performing the covenants and agreeineufs secured hy tl�is Sccurity 'Instrtuuent. � 2. Application of Payinents or Proceeds. �xcept as otherwise descriUed iu this Seotion 2, nll plymen�s �ccepCed and npplied bq Lcndcr shall bc applicd in the follownig order of priority: (a�)interesY�due under�lie Note; (b)principnl due under the Note; (c) amouuts due under Section 3. Such paymcnts ehall be app1ied to each Periodic Payment in tha ordar in wlilch it became due. Any remnining nmounts shall be applied firet to latc;chargcs, second to auy otl�er amounts due under tl�is SecuriYy Instrument, and Yhe�i to reduce the pr'v�icipal balanca of thalloto. If Lendcr s ccoives ei paymeut from ]3orrower for a delinquent Periodic Payinent whicli inchides n suffioienl amotuit Co pay a�ry lahe charge due, the paqnicnt inay be applicd to tl�e delinc�uent payment and tihe lata � el�tuge. IY more th2n�one Periodio Paytnent is ouCstnnding, Lender inay apply any payment received froin 13a�rower to the repayment oJ'til�e Periodic Payuients iP, aud to Yhe extent that, e�ch payment oan be paid in Lu1L To the extent that any cxce�s existe lflcr tho��aymcnt is app1ied to tlie £ull�aymenl o�F one or inore Periadic Pt�yments, such exaess uiey be applied to any late clrarges due. Volnntary yrepaymextts shall U� applied first to any prepaytnent charges and tlien as described in tiha Note. eaoaeann NEBRABKA-Bingle Famlly-Fennle M ae7Reddie Mac UNIFDRM INSTRUM EN"f Furm 3020 7/01 VMP 0 VMP6ZNE)(1 tOHI Walters I(Ibwor Flnunalel Servicas f�s8e 4 of 1 Y