201402440 - Laserfiche WebLink

Browse

��14��44� Inspection. Lender or ��s a�ent may make �easonable entries up�n and �nspections af�he Proper�y. Lender sha11 gi�e Borrav�er notice at�he�ime of ar pr�or�fl an�nspec�ion specifyin�reas�na�le cause for�he ins�ectian. Condemnation. The prflceeds af any award �r claim for damages, dir�c�or conseau�ntiai, in connectian vvi�h any cflndemna�ion ar a�her�ak�n��f any part of�he Property, or for cop�eyance in l�eu of condemna�ifln, are hereby assi�ned apd shall be paid�o Lender. Ip �he ��ent of a �ota� �al�cing of the Proper�y, �he prQceeds sha�l be appl�ed �a the sums se�ured by �his Secur�ty I nstrument, whether or not �h�n due, v�i�h any excess paid �o Borrower. In the e�ent af a par�ial �akinb af�he Property in v��ich the fair marke� �a1ue �f�h� Property �mmedia�ely before �he taking is equa� �o ar greater t�an the amaun� af�he sums secured by �h�s Securi�y �ns�rument irnmed�ately before �he �akin�, unl�ss B�rrower and Lender a�herwise a�ree in writinb,�he sums secured by t�is Securi�y I ns�ru�nent sha�l be reduc�d by�he amount of �he pr�ceeds mul��plied b�the fai�ovving fraction: (a}the�ota� amaunt of the sums secured im�nediate�y bef�re the �akir�g, d�vided by �b} the fair �-narket �alue of the Praperty immediately before the talcing. Any balance shal� be paid �o Borro�er. In the event af a par�ia� �ak�nb af�he Pr�per�y in wh�ch �he fair marke� value flf�he Propetrty immedia�ely befo�-e the takin� �s less �han the am�unt of the sums secured imm�diately �efore �h� takin�, unless B�rrov�er and Lender fltherwise a�ree in writing or unless Applicable Law o�herwise pra��des, �he praceeds sha�l be applied ta�he sums s�cured by th�s Securi�y Instrumen�vvhether or not�he surns are�hen due. �f the Property �s abandoned by Borrower, or�f, after natice by Lender to Borrawer tha��he condemnor affers to make an avvard flr set��e a claim for damages, S�rrawer fails�o respond to Lender�vithin�he mxnimum number of days es�ablished by Applicable Law after the da�e�he noti�e is gi�en, Lender�s authoriz�d to coilect and apply�he pro�eeds, at i�s option, eith�r to restora�ion or repair of�he Property or �a �he sums secured by this Secur�ty Ins�rumen�,whether ar no��hen due. Unless Lender and Barrawer��herwise a�ree �r� �vrY�in�, any appiication of proceeds �o princxpal shali no�ex�end or p�s�pane the due da�e of�he payments due under�he Cantrac�or change the amount af su�h pa�ments. Borrawver No� R�leaSed; Forbearance By Lender Nat a 'L�Vai�er. Ex�ensian of the ��me far payment or rnadif cation of amor��za��n of�he sums secured by this Securi�y Instru.ment granted by Lender�o Borrower or any successor in in�erest of Sorrawer shall no� operate �o release the liabi�ity �f �he ari�inai Barrawer or Barrov��r's successors in in�eres�. Lender shall no�be reauir�d to commence proceed�ngs against any successor�n interes�or refuse to extend��me far payment�r a�h�rwise 1-nadify amor��ati�n of the sums secured by�his Securi�y Ins�rument by reason of any demand made by �he ori�inal Borrawer or Bflrrawer's successors in in�erest. Any f�rb�arance by Lepder in exercisin� any r��ht or �emedy sha�l not be a wa�ver af or preclude �he exerc�se of any r��h�or re�r�edy. Successors and Assigns Sound; Joint and Se�eral Lial�ility; Accomrn�dat�on Signers. The co�enan�s and a�ree�ents of this Secur��y Instrumen� sha�l bind and benefit the succ�ssors and assigns of Lender and Sorraw�r, sub�ec� to the prfl�isions �f sec��on �it�ed Transfer �f the Property or a �enef�eial In�erest in Sorrawer. Borrower's co�enan�s and a�reemen�s shall be j�in�and se�eral. Any persan whfl co-sibns�his Secur�ty Ins�rumen� bu� has no personal liabx�i�y under �he C�ntrac� �"A�c�mmadation S��ner"�: �a} is co-si�ninb �his Security Instrument only ta mor��a�e, gran� and �onvey �hat Accommodatian Sibner's 1n�erest in the Pr�perry under �he t�rms of ��e Securi�y �nstrument; �b} is n�t personal�y obli�a�ed �a pay �he sums secured by this Security rns�rum�n�; and�c� a�rees that Lender and any�ther Barrower may a�ree�o ex�end,modify, f�rb�ar ar make any acca�r�modations v�ith re�ard �o�he terms�f�his Security Instrum�n�or the Contrac�wi�hou��hat Accam�nodation S��ner's cflnsen�. . L�an Charges. �f the loan secured by this Se�uri� �ns�rumen� is subject �� a lav�r which se�s rnaximum loan char�es, and that 4aw is finaily interpreted so�ha��h� in�eres� or other loan char�es cailected or to be collected in conn�cti�n w��h the laan exceed �he permitted �imits, �hen: �a} any such �oan char�e shall be reduced by �he amflunt necessary �o redu�e the char�e to t�e permit�ed �imi�s and �b� any sums already collec�ed from Sarrower which exceeded perm��ted l�mits w�ll b� refunded �o Borr�wer. Lender may chaose �a make th�s refund by reduc�n� the principal owed und�r�h� �an�ract ar by makin� a direct paymen��o Borrovver. If a refund �redu�es princ�pa�,�he reduc��on will be�rea�ed as a partial prepaymen�under�he�on�ract. Not�ces. Any notice to Borrawer provided f�r in �his S�curity �ns�ru�nent shal i be gi�en by delivering it nr by mail�n�i�by frst ciass maii unless App�icable Lav�r re�uires use�f another rnethod. The notice shal�be d�rec�ed�o �he Proper�y Address or any o�her address Borrower desibna�es by notice �� Lender. Borrower agrees to pra��de Lender wi�h Borrower's mos� current ma�l�n�address, as i� may change fro�n �ime-�a-time. Any natice �o Lender shall be�i�en by firs�class ma��o Lender's address s�a�ed herein or any o�her address Lender desi�nates by no�ice to Borrov�er. Any nat�c�pra�ided for in this S�curi�y Ins�rument shal�be deemed�o ha�e been biven to Barrovver or Lender v�hen �i�en as p�-ovided �n�his paragraph. Go�ern�ng Lavv; Se�erabi�i�y.This Security�ns�rumen�shaX�be bo�erned by federa� �aw and�he la�vs nf�he s�a�e of Nebraska. In �he e�en� tha� any provision or clause �f th�s Securi�y Instrument or �he �on�rac� confl�cts w��h App�icable Law, such c�nflic� shall no� affec�o�her provis�ons of�his Security Ins�rumen� or the Cop�ra�t v�hich can be gi�en effect vvithou��he conf�ictin�pr��ision.To�his end�he proWisi�ns of this Securi�y Instrument and�he �ontract are declared to be se�erable. Barrovr�er's�opy. Borro�er sha�l be�i�en ope copy of this Security Ins�rumen�. Transfer of the Property or a Seneficial �n�erest in Borrower. If aIl ar any part of�he Property ar any in�eres� in it is so�d or �ransferred �or if a beneficial �n�erest in Sarrower is sald or �ransferred ar�d B�rrovver is no� a naturai persan) wi�hout Lender's prior written consent, Lender may, at ��s op�ian, reauire immed�ate paymen� in O 2fl04-20 i 3 Gampliance Systeit�s,IF,c.8EB�-FD l4-2Q 13LZ.�.E].7�2 Cnnsur�ier Real Estate-5ecurity lnstriin�e��t DL34_�G Pa�,e 3 af 5 www.con�pliaiicesysten�s.ca�z}