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201401618
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Last modified
7/20/2017 10:39:11 AM
Creation date
3/25/2014 11:48:05 AM
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DEEDS
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201401618
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��14�1�15 <br /> �nspec�i�n. Lender or i�s a�en� rnay make reas�nabl� entries upon and inspec��ons af�he Property. Lender shail <br /> gi�e Borrovver n���ce a�the�ime of or prior�o an �nspectian specifyin�reasonabte cause for the inspection. <br /> �ondemnati�n. T�e proceeds of any avward or claim f�r dama�es, direct or conseauen�ial, in connec��an v�ith any <br /> condemnation or o�her taking af any par� of�he Proper�, or for conveyance �n �ieu of condemna�ion, are h�reby <br /> assi�ned and sha�i be paid to Lender. <br /> In the e�ent of a ta�a� �akinb of the Prop�rty, the pr�ceeds shall be app�ied �o the sums secured by �h�s Security <br /> IpS��"Ul7l�nt, whether or not �h�n due, v�ith any excess paid �a Barrawer. In the e�en� of a partial �aking of�h� <br /> Property �n which the fair marke� �alue af�he Prop�rty immedia�e�y before �he takin� is eQual tfl or �rea�er�han <br /> �he am�unt of the sums secured by this Security Instrument �mmediately before �h� taking, uniess Borrower and <br /> Lender otherwXse a�ree in�vriting,the sums secured�y this S�curity �nstrumen�shall be reduc�d by the amount af <br /> �he praceeds 1-nul�ip�ied �y the foll�w�ng frac�ion: �a�the to�al amount af�he sums secured immediately befnre�he <br /> taking, divided by �b} �he fair marke� �alu� of�he Proper�y immediate�y b�fore the �ak�ng. Any balance shaI� be <br /> paid to Barrawer. In �he e�ent af a part�al �al<in� af t�e Praperry �n v�hich the fair marl�e� va�ue af�he Pr�per�y <br /> immedia�ely befare �he �akir�� is less than the am�unt of�he sums secured �mmedia��ly befflre �he taking, unless <br /> Borrower and Lender a�herw�s� a�ree in wr��in�or unless Applicabl� La�v �therwise pr�v�des, �he pr�ceeds sha�l <br /> be applied���he sums secured by this Security InstrumEen�whether ar not the sums are�hen due. <br /> If the Property is abandon�d by Borr�wer, ar if, after no��ce by Lender to Borrovver�ha�the �ondemnar Offers to <br /> �ake an avvard or settle a claim for damages, Borrawer fails to respond to Lender wi�hin�he min�mum num�ber af <br /> days estab��shed by App�icabie Law after�he da�e�he no��ce is gi�en, Lender is au�horiz�d to col�ec�and app�y the <br /> proceeds, at its ap�ion, ei�her to res�oration or repa�r of the Properry or �o the sums secured by �his Security <br /> Ins�rumen�,whether or no�then due. <br /> Unless Lender and Borrower o�herwise agree in wri�xn�, any applicat�on of proceeds��princ�pa� sha1�not ext�nd <br /> or postpone�he due date of the paymen�s due under the�ont�ract or c�ange�he arnoun��f such paymen�s. <br /> Borrower No� Reieased; Far�earanc� By Lender N�� a VVa��er. Ex�ens�on of �h� tinle far pa�ment or <br /> mod�fca�ion of amar�ization af the sums secured by �his Security �nstrumen� �ran�ed by Lender�o Barrower �r <br /> any successor �n interes� af Borr�v�er shal� not operate �a release �he l�ab�lity of the ariginal Bflrr�wer or <br /> Bor�orn�er's suecessors in interes�. Lender shall n�t be reauired�o comrnence proceedings against any successor in <br /> �n�erest or refuse to extend time for paym�nt�r o�herwise modify amor�ization of�he sums secured by�his Secur�ty <br /> �nstrumen� by reason af any demand made by �he ariginai Borrovver or Borrower's successors in �nterest. Any <br /> forbearance by Lender in exercisin� any ribh� or remedy shall n�t be a wai�er of ar preclude�he exercise �f any <br /> ri�h�or remedy. <br /> Su�cessors and Assigns Bnund; Jain� and S��era� Liabili�y; Accommadation Signers. The co�enants and <br /> abr�emen�s of this Security �nstrumen�shall bYnd and benef��he successors and assigns of Lender and Bor�rower, <br /> subjec� �o �he provis�ans af section �itled Tran�fer of �he Proper�y or a Benef�c�ai In�eres� in Borrow�r. <br /> Borrower's co�enan�s and a�ree�nents sha�l be�oint and se�eral. Any person v�ho co�signs�his Security �nstrument <br /> but has no personal l�abil��y under �he �ontrac� �"Accommoda�ion Si�n�r"�: �a} �s co�signing this Securi�y <br /> �nstrument op�y ta mort�age, �rant and con�ey that Accammada��on Signer's interest �n the Praper�y under the <br /> terms of the Security Instru�ent; �b� is no� persona�ly obliga�ed �o pay the sums secured by this Securi�y <br /> Instrument; and �c} a�rees tha� Lender and any o���r Borrower may a�ree to extend, mod�fy, forbear ar make any <br /> a�commodati�ns with re�ard�o�he�erms of this Security Instrument�r the �on�ra��wi�thout�ha�Accammadation <br /> Signer's consen�. <br /> Lvan �harges. If the loan secured by �his Security �ns�rumen� �s subject �o a �aw which sets maximum loan <br /> char�es, and that �aw is f nally interpreted so tha��he interest or o�her Iaan charges coliec�ed�r�o b� collec�ed in <br /> cannec�ion wi�h the lflan exceed ��e permi��ed Iimits, �h�n: �a} any such loan charge shall be reduced by the <br /> amaun�necessary �o reduce�he charge ta �he permitted limi�s and�b� any sums a�ready collec�ed frorn Borrawer <br /> which exceeded permitted limi�s v�rill be refund�d �� Borro�er. Lender may choose to rnake �his refund by <br /> reducin� �he principai awed under�he Contract or by making a direct payment to Borr�wer. If a refund reduces <br /> princ�pa�,�he reduction vvili be�reated as a par��a�prepaymen�under�he�ontract. <br /> No��ces. Any no��ce �o Bor�rovver provided f�r �n this Security Ynstru�ment shal� be ���en by deli�erin� it or by <br /> mai�ing i�by f�rs�class ma�l un�ess App�icabie Law re�uires use af ana�her methad. The na�ice shal�be directed to <br /> �he Prope�-�y Address or any o�her address B�rrawer desi�nates by natice �a Lender. Sorrower agrees ta provide <br /> Lender wi�h Borrower's most current mailin� address, as i�may chan�e from �ime-to-time. Any no�ice �o Lender <br /> sha�l be�i�en by firs�c�ass mail t�Lender's address stated herein�r any�ther address Lender desi�r�.ates by not�ce <br /> �o Barr�wer. Any na�xce pro�ided for in this Securi�y �nstrumen�sha�l be deemed�o ha�e been g��en to Borrower <br /> or Lender when�iven as provid�d in�his para�raph. <br /> �overnxng Law; Se�erabil�ty.This Securi�y�ns�rumen�shaIl be bo�erned by federal lav�ar�d�he �a�vs of th�sta�e <br /> of Ne�raska. In �he e�en� �hat any proW�sion or clause of this Security Ins�rumen� or the �an�ract confliC�s v�i�h <br /> Applicab�� Lav�, such conflic� shal� no� aff�ct other pravisi�ns of�his Secur��y �ns�rumen� or�he C�ntrac� whrch <br /> can be���en effect with�u��he confl�cting proW�sion. T��his end�he provis�ons af this Securi�y Instrum�nt and�h� <br /> Cantrac�are declared�o be se�erable. <br /> Borrav►�er's Copy. Sorr�w�r shall be g��en one copy of th�s Secur�ty �nstrumen�. <br /> Transfer af�he Proper�y 4r a gen�f�c�ax �nteres� in Sorrower. If a�l or any part of the Properfiy�r any interes� <br /> in i� is sold or �ransferred ��r if a benef�cial in�eres� in Borrav�er is �old or transferred and Borrower �s not a <br /> na�ura� p�rson} with�u� Lender`s prior written c�nsen�, Lender may, a� i�s optian, require immed�a�e payment in <br /> Q Z004-201�Compliance Systei��s.[nc.8EB3-2�BE-?4 i 3L2.�.E1.712 <br /> Car�surn�r Real Estate-Security Ir�strument DL2�3G Page 3 vf 5 www.carnpliancesystesr;s.com <br />
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