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201402868
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Last modified
7/20/2017 11:13:26 AM
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5/15/2014 8:56:20 AM
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201402868
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��14��S�S <br /> xnspec�ion. L�nder or its agent may make reasonab�e entries upan and �nspections of�he Property. Lender sha�1 <br /> bi��Borr�wer no�ice a��he�ime of or prior�o an inspec�ion specifying reasonab�e cause for the inspec�ion. <br /> �andemnation. The pr�ceeds of any award or claim for damages, direc�ar consequen�ia�, in c�nnection wi�h any <br /> condemna��on or o�her�akin� of any par� of the Proper�y, or for can�reyance in lieu of c�ndemnation, are hereby <br /> assi�ned and shall be paid ta Lender. <br /> �n the even� of a�o�al tak�n� �f the Property, the praceeds shal� be appiied to �he sums secured by this Security <br /> Instrument, whe�her or nat �hen due, with any excess pa�d �o Borrower. zn the even� af a par�ial taking of the <br /> Properfiy in whrch �he fair marke� Wa�ue of�he Property immedia�eiy �efare �he tak�nb is e�ual t� ar greater than <br /> �he amount af�he sums secured by this Security Zns�rument immediatel� before �he tak�ng, unless Borrov�er and <br /> Lender otherw�se agree in v�ritin�,�he sum�s se�ured by�his Securi�y Znstrument sha�l be reduced by�he amoun�of <br /> the proceeds mu�tiplied by�he fo��owin�frac�ian: ta��he to�a1 amaun�of�he sums secured immedia�ely before the <br /> �ak�nb, d�vided by �b) the fair marke� �alue of��e Praper�y �mmedia�ely befare �he tak�n�. Any balance shaX� be <br /> paid ta Borrower. I n the event af a par�ial taking of the Proper�y in which �he fair marke� va�ue of the Praper�y <br /> immedia�e�y before �he �akin� is less �han the amoun� af�he s�zms secured immediate�y befare �he �akinb, unl�ss <br /> Borrower and L�nder a�herwise agr�e in w�-���n�or unless Applica�le Law o�herwise pra�ides, �he proceeds shall <br /> b�app�ied�o�he su��ns se�ured by�his Securi�y Instrum�n�v�hether o�no��he sums are�hen due. <br /> If the Prop�rty �s abandoned b� Sorrower, or if, after no��ce by Lender�a Sorrower that the candemnor offers ta <br /> make an avvard or se��1e a c�aim for dam�a�es, Borrower fa�ls to respond�a Lender with�n the min�mum number of <br /> days estab�ished by Applicable Law after�he date�he notice is���en, Lender is authorized�o collec�and app�y the <br /> pr�ce�ds, a� i�s opt�on, ei�her to restaration or repair of the Prope�-�y or �� �he sums secured by �h�s Secur��y <br /> I�s�rumen�,vvhether�r not�hen due. <br /> Un�ess Lender and Borrower othervvise agree �n �vri�ing, any applica�ion af proc�eds t� pr�nc�pal shali not ex�end <br /> or pas�pone�he due date of the payments due under�he Con�rac�or chan�e the amoun�of such paymen�s. <br /> Borrawer Not Rel�ased; Forb�aranee By Lender No� a 'V'4�a�ver. Ex�ens�on of �he ��me for paymen� ar <br /> modifica��on of amor�iza�ion of�he sun-�s secu�ed by this Securi�y Instrument gran�ed by Lender to Barrower or <br /> any successar �n in�eres� af Borr�wer shal� no� operate �a release the l�ability af �he original Borrawer or <br /> Borrower's successors in interes�. L�nder s��all not be required to cammence proceedings agains�any successor in <br /> interes�ar refuse ta ex�end time for payment or o�herwise modify amorti2a�ion of the sums secured by�his S�curity <br /> Instrumen� b� reason of any demand made by the �rig�nat F�rrower ar B�rrower's successors in interes�. Any <br /> forbearance by Lender in exercising any ri�ht�r remedy shali n�t be a v�a�ver of or preciude the exerc�se of any <br /> r��h�or remedy. <br /> Successors and A�signs Bound; Join� and Several Liabi�i�y; Ac�ommoda�ion S�gners. The c�venan�s and <br /> abreements of�h�s Security �nstrumen�sha�l bind and benefit�he successors and ass�gns of Lender and Barrower, <br /> subj ec� �o the provisions of sectior� �itled Transfer of �he Praperty or a Senef��iai Interest in Borro�er. <br /> Borra�ver's co�enan�s and agreemen�s shall be�ain�and sev�ral. Any person�rho coWsigns�his Securi�y Ins�rument <br /> but has no persanal liability under the Con�ract �"Aceommoda�ifln Signer"�: �a� is co-si�ing this Secur��y <br /> �ns�rument only to mor��age, gran� and can�ey that Accommoda���n S�gner's �n�erest �n �he Proper�y under �he <br /> �erms of the Security Ins�rument; �b� is no� personaliy ob�iga�ed to pay �he sums secured �y this Securi�y <br /> Instrument; and �c} abrees that L�nd��-and any o�her Borrower may agree to ex�end, mod�fy, forbear ar make ar�y <br /> accammada�ions vvi�h rebard ta the�erms of this Securi�y Instrument or the C�n�ra��vvi�hout that Accommodatian <br /> Signer`s consen�. <br /> Loan Char es. �f�he loan secured by �h�s S��urity Instrumen� is subjec� to a law which se�s max�mum Ioan <br /> g <br /> char�es, and that law �s fina�iy interpre�ed so tha��he in�eres�or othe� Ioan charges collec�ed or to be col�ec�ed in <br /> cannection with �he Ioan exceed �he permitted limits, then: �a} any such laan char�e shal� be reduced by the <br /> amount necessary �o reduce�he charge �o �he permitted �i�i�s and �b) any sums already collec�ed fram Borrower <br /> which exceeded permi�red l�mi�s will be refunded �� Borr�wer. Lender may �haose �o make this refund by <br /> r�ducin� the principal awed un�er the Cantract or by makin� a direct payment to BorrQwer. If a refund reduces <br /> � <br /> pr�ncipal,the reduction v�il�be�reated as a par��al prepayment under�he�on�rac�. <br /> Notices. An notice �a Borro�ver pravided for in �his Securi�.y �nstrumen� sha�l b� gi�en by deli�vering it ar by <br /> y <br /> mailir�� it b f�rs�c�ass maii unless Applicabie Law reauires�se of anather me�had.The no��ce shall be directed�� <br /> � y <br /> the Pro ert Address flr any other address Borrawer desi�nates by no�ice to Lender. Borrower abrees �o pro�ide <br /> P Y <br /> Lender wi�h B�rrower's x�nos� �urr'en� ��nailin� address, as i� may chan�e fram �ime-�o-�ime. Any no��ce �o Lender <br /> sha�l be �-i�en b frst class ma�� to Lender's address s�ated here�n or a�y other address Lender des�gnates by no�ice <br /> � y - <br /> t o S o r r o w e r. A n y n o�i c e p r a��d e d f o r i n�his Securit y Instrumep�shail be deeme d�o ha�e been gl�en�o Borr o w e r <br /> or Lender v�hen�iven as pro�ided in this paragraph. <br /> Gavernin Law; Se�erability.This Securi�y Instrumen�shail be boverned�ay federal�aw and�he Iaws of�he state <br /> g . <br /> flf Ne�ras�a. �n �he event that any provis�on or clause af�his Securlty �nstrumen� or the �ontra�t conflicts w��h <br /> A licable Law, such conflict shall po� aff�c� o��er provisions of�his Security �n�trumen� �r the Gontrac� vvhich <br /> pP . <br /> can be ��ven effect wi�haut�he canflic��nb pro�lsion. Ta this end�he pro��sions�f�h�s Secur�ty Ins�rumen�and�he <br /> � <br /> �o�tract are dec�ared�o be severable. <br /> Borro�ver's C�py. Borrower shali be given one c�py of�his Security �ns�rumen�. <br /> Transfer of fhe Pro er�y or a Senef�cia� �n�erest�n Borrower. If ail or any par�of�he Propert}�or any interest <br /> p <br /> in i� is so�d or transferred �ar if a benefcial in�eres� in Borrower �s sold or transf�rred and Borrower is n�t a <br /> natural erson� w�thout Lender's prior written conse��, Le�der may, a� �ts op��an, re�uire i�nmedxa�e payment xn <br /> p <br /> C?0�4-?Ol�Camplian�e Systems,lnc.9F95-g6Bg-?�1�L2.�.721 www.c�mpliancesystems.com <br /> Cansumer Rea3 Estate-Se�uriry Instrument DL2Q36 Pa�e 3 af 5 <br />
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