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201403047
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Last modified
7/20/2017 11:16:20 AM
Creation date
5/23/2014 9:25:21 AM
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DEEDS
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201403047
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��14�3�47 <br /> agree in wri�ing, the Misce��aneous Pr�Geeds�ha��be a�p��ed to�he sums secured b��his Security�nstrument�he�her <br /> ar nat t�ie s�.uns are then due. <br /> Yf�he Prop�rty is abandoned.by�3orrower, ar if, after notice by Lender to Borrower�.hat the 4pposing Party�as <br /> def�ned in �he nex� sen�ence� off�rs �o make an award�a sett�e a claim for damages, Borr�v�er fai�s ta respond to <br /> Lender vvithin 3�days a�ter the d.a�e�he n�tice�s given, Lend�r i�au�hor�zed�a collect and appiy the Misce��aneo�us <br /> Proceeds either to restora�ion or:repair of�he Pr�perty or�a the sums secured by this Security�nstrument, Wh�ther <br /> or not�hen due. "4ppasing Par�y" means�h�third party�hat ov�res BorroWer M�scel.lan�ous Proceeds or the pa��r <br /> aga�ns�wham Borrovver has a ri�ht�f action�n regard�a Miscellaneaus Proceeds. <br /> Borrower sha�l be in defau��t if any a�tion or proceeding, �hether civi�or criminal, is begun�hat, in Lender�s <br /> judgment, cauld result�n forfeitu:re of�he Pr�perty or o�her ma�erial impairment of Lender's interes��n t�ie Property <br /> or rights under th�s Securzty Instr�arnent. Borrawer can cure such a default and, �f accelerat��n has accurred, reinsta�e <br /> as provided in Sec�ion 19, by causing the action �r proceeding to be d�s�nissed wi�h a ru�ing tha�, in Lender's <br /> judgm.ent, precludes forfeiture af�the Property or o�her lnateria��mpairment of Lender'�in�eres�in the Pr�perty or <br /> r�ghts under �his Security Instru�.2�nt. The pr�ceeds of any a�vvard�r claim for d.a.mages that are at�ributable to the <br /> impairment af Lender's interest in the Praperty are here�y assigned a�d sha.��be paid�o Lend�r. <br /> AI.I Miscellaneous Proeeed�that are not applied to�es�aration or repair of the Praperty sha�l be app��ed in the <br /> order prov�ded for �n Section 2. <br /> 12. Borrower Not Re�eased; Forbearance�y Lend�r Nat a Waiver. Extensian�f the�irn.e for paym�n�or <br /> mad�fication of amortizati�n of���e sums secured by this Security Instrume�t granted by Lend�r�o Barra�ver or any <br /> Succ�ssar in Int�rest Qf Borrower shal�not operate to re�ease�h.e 1�ability of Barrav�a�r or any Successors in In�er�st <br /> �f Borrower. Lender shall not b�required�o commence praceedings agains�any Successor in I�teres�of Borrov�er <br /> or �o refuse to ex�end t�me for ��ayment or other�zse madify amortiza�ian ❑f the �ums secured by this Security <br /> Instrument by reason af any demand made by the orz�znal�orr�wer ar any Successors in Interes�of Borro,wer. Any <br /> forbearan�e by Lender in exercising any right or remedy inc�uding, �vithou� Iim�ta�xon, Lender's accep�ance af <br /> paymexzts from third persons, entities or Successors�n Int�r�st of Barrov�er ar�n amaunts�ess than the amaunt�then <br /> due, sha�I na�be�.wa�ver of or preclude the exerc�se of any r�ght�r remedy. <br /> 13. Joint and Several Liab��lity; �o-�signers; Successors and Assigns Found. B�rrower cavenants and agr�es <br /> that Borrovver's ob�igations and��ability shall be�a�nt and severa�. Hawever,any Borrawer who co-s�gns this Secur�ty <br /> Ins�rument but does not execute�he Nate�a"co-s��n�r"�; �a��s c�-signi_n.g this Security Ins�rument an�y to mortgage, <br /> �rant and convey �he co�signer'� interest �n the Praper�y under �he �er�n.s af this Secur�ty Instru.�nent; �b} is x�at <br /> personally ob�igated to pay the s�ms secured hy th�s Security�ns�ru.ment; and�c� agrees�hat L��.der and any other <br /> B�rrower can agree tn extex�.d, madify, forbear ar make any accommadatiaris�v�th regard ta the terms of th�s Security <br /> Ins�ru�nent vr�h�Note withaut t��e ca�signer's car�.sen�. <br /> Subj ec� to the prov�sions �f Section �S, any Successor in In�erest of Borrov�er v�ho assumes Borrovver's <br /> ob��gations under tha.s Securi�y In�trument in vvr�ting, an��s appraved by Lender,sha�l abta�n a�l af Barrovver's rig�its <br /> and benef ts under�h�s Securi�Instrument. Borrower�ha��nat be re�eased from Borr�wer's�b�.igations and�iab�l�ty <br /> under�his Security Ins�ru�nen�unless Lender agre�s�o such release�n writing. The covenan�s and agreements of t�.is <br /> Securi�y Ins�rument sha�l bind�e:�cept as provided in Section 2�� and b�nef t the successors and assign.s of Lend�r. <br /> 14. Loan Charges. Lend�r may charge Barrower fees far services p�rf�rmed in c�nnection�with Borrfl�vver's <br /> defau�t, far �he purpose of pr�tec�ing Lender's interest in the Property and r�ghts und�r �h.i.s Secur�ty Ins�rumen�, <br /> in��uding, but no�Iimi�ed to, at�ar�eys' fees,proper�y inspection and valua�ian fees. In regard��any other fees, the <br /> �bsence of express auth�rity in this S�curi�y Instrument �o charge a specific fee t�Barrovver shall not be construed <br /> as a pro�iib�ti�n on the charg�ng�f such fee. Lender may n.ot charge fees�hat are expressly prohil�ite�by this Security <br /> rnstrurnent ar by App�icab�e Lav�T. <br /> If the Loan is subj ect to a�avv which sets�naxinaum�Qan charges, a.x�d�ha�1a�v is final�y interpreted sa�hat the <br /> ir�terest�r a�h�r �oan charges c��lected or t�be callected in cnnnectian v�ith�he Loan exceed the permi�ted Zimits, <br /> thena �a}any such l�an charge s�all be reduced by the amoun�necessary ta reduce the charge to the perm�tted limit; <br /> and��� any sums a�ready co��ec���d from Borrower which exceeded permi�ted limits wi�l be refunded ta Borrovver. <br /> Lender may choase ta make this refund by reducing the principa�awed under the Note�r by making a direct paym�nt <br /> �a Borrower. If a refu�d reduces principal, �h.e reductian wz�I be �reated as a part�al prepayment without �ny <br /> NEBRASKA--Sin�fe Famiiy--Fannie II�aelFreddie Mac UNIF�RN! INSTRUIIIIENT �ar.Niagic � <br /> Form 3428 114'[ Page 9 of '�4 v�v��w.c#ocrr�agic.�v�n <br />
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