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201402334
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Last modified
7/20/2017 10:58:58 AM
Creation date
4/21/2014 3:18:24 PM
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DEEDS
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201402334
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��14��334 <br /> Any amounts disbursed by Lender under this Secti�n 9 sha11 b�c�me additional debt of Borrawer secured by <br /> this Security Instrument.'These amaunts sha�l bear int�rest at th�Not�rate from th�date of disbursernent <br /> and sha�l be payab�e,vvith such int�rest,upan not�ce from Lender to B�rrower requesting payment. <br /> If this Secur�ty Instrument is an a leasehold,Borrower shal�eomply vvith aII the provisions of the lease. If <br /> Borrower acquues fe�tit�e to the Property,the leaseho�d and the fee��t1e sha11 not merge unles�Lender <br /> agrees ta the merger in writing. <br /> �I�. Mortgage Insurance.If Lender required Mortgage Insura�nc��s a conditian of rna,kin�the Loan, Borr�wer <br /> shall pay th�premiums requir�d tv mainta�n the Mortgage Insurance in effect, If, f�r any reason,the <br /> Mor�gage Insurance coverage r�quired by Lender ceases to be availab�e from the mor�gage insu�rer that <br /> pre��ously prov�ded such insurance and Borrower�vas r�quired to make separately designated payments <br /> toward the premiums for Martgage In.surance,�ono�er shall pay t�e premiums required to obta�n ca�verage <br /> substantia�ly equi�alent tv the Mortgage In.surance previously�n effect,at a cast su�stantially equivalent to <br /> the cast to Borrower of the Mortgage Insurance previous�y in eff�ct, from an alterna.te mortgage�nsurer <br /> selected by Lender. If subs�antially equivalent Mortgage In�urance coverage is not av�i��ble,Borrativer sha11 <br /> c�ntinue to pay to Lender the amaunt of the se�arat�ly d�signat�d payme�ts that�vere due when the <br /> insurance coverage c�ased t�be in�ffect. Lender�rill accept,use and r�tain these payments as a <br /> n�n-refundable loss r�serve in�ieu of M�rtgag�Insuran�e, Such loss reserve sha�l be non-refundable, <br /> not�v��hstanding the fact that the Loan is u�timately pa�d in fu11,and Lender sha11 not be requ�red to pay <br /> Barrow�r any interest or earnings on su�h lass res�rve. Lend�r can no longer r�qui��los�reserv�paym�nts <br /> if Martga�e Insurance coverage[in th�amount an.d far the per�vd that Lende�'requires)provided by an <br /> ins�rer se�e�ted'by�ender again becomes availab�e,�s obta�ned,and i.ender r�quires separat�ly d�s�gnated <br /> payments to�ard the premiums for Mortgage Insurance. If Lender required Martga�e Insurance as a <br /> condition of rnaking the L�an and Bnrrower t�ras required to make separa�e��r designated payments towa.rd the <br /> prem�ums for Mor�gage Insurance,�orr���r shall pay th�pr�miums required to ma�nta�tz Mortgage <br /> Insuranc�in�ffec�,or to provide a non-refiundable loss rese�ve,untit Lender's requirement for Mor�gage <br /> Insurance ends in accordance with any written agreement between�orr�wer and Lend�r pro�iding for such <br /> term�.nation�r until�t�rm�natio��s requued by Applicabte Law.Nathing in this Section i 4 affects <br /> Borro�er's obligat�on to pay�n�erest at the rate provided in the Note. <br /> Mortgage Insurance reimburses Lender(or any entity that purchases the Note�for cert�.in losses it may incur <br /> if Borrower does not rep�y the Loan as agreed. �orrower is not a�aarty to the Mortga�e Insurance. <br /> Mortgage insurers��aluate their to�a�r�sk an all such insura.n�e i.n f�rce from time to time,and may enter <br /> into agre�m�nts with ather parties that share�r m�dify the�r ris�,or reduce losse�. These agr�ements are on <br /> terms and conditions that are satisfactory to th�rnortgage�nsurer and th�ath�r party tar parties}to these <br /> agreements. These agreements may require the mvrtgage insurer to make pa�me�ts using any s�urce�f fu.nds <br /> that the m�rtgage rnsurer�n�y ha�re available(which ma�inc�ude funds obta.ined from Mortgage Insurance <br /> premiums). <br /> As a result af these agreements,Lend�r,any purchaser of the Note,another insurer,any reinsurer,any <br /> vther entit�,or any affiliate of an�r�f�he far�going,may r��ei�re(directly or�ndu�ctl�r}am�un�s that <br /> derive from(or might be character�zed as}a portion of Borrower's payments far Mortgage Insurance, in <br /> exchange for shar�ng or mod�fying the mortgage�nsurer's risk,or reducing losses.If such agr��ment <br /> �vrav�des that an affiliate af Lender takes a share of the�nsurer's risk in exchange for a share of the <br /> pr�miums paid t�the in.surer,the�.rra�gement�s of�en terr�ed"capti�re reinsuranc�."�ur�h�r: <br /> qU3325�433G4 0233 366 U917 <br /> NEBRASKA�ingle Familyfannie MaelFreddi�Mac EJNIF�RM iNSTRUMEMT WITFi MERS Farm 3028 1141 <br /> Wo�ters Klwver Fina�cial Services �M�N pa�ge 92of� <br />
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