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201403166
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Last modified
7/20/2017 11:18:11 AM
Creation date
5/29/2014 9:00:38 AM
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201403166
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� ��14�31�� <br /> B��Z���R��VENANTS��za�Lorrowe�•is lavvfully se�sed of�l�e es�a�e 1�e��eby con�re�red anc�has t�le zTiglzt ta <br /> gr��ti�.�Zd co�vey�he Px o�erty a�d that�he Pro�e��y�s u��elzcu�nbered, exce��fo�en�uin�arances of�e�flrd, <br /> I3o��rowe��warr�n�s atic�wirr defend g���era�ly�he�i��e�o�1ie P��o�aerty ag�.izas�a�l cla,ii�ls anc�d��n���c�s, sub,j ec�to <br /> a��e�zc��nbrat�c�s oF record. <br /> TII�S S�C�C]�RITY INSTRUMENT cflinbir��s u�ziforrn c�ve�.a�.ts for�a�io��:�u�e�.n�.�aiz-uizifori��covetla��5 with <br /> Ii��ni�.e��va��ia�iax�s by�j urtsdic�ion�o�on�tiz�u�e a u.�ifo�,�n secur��y instrL��nezlt cavering�ea1�raperty, <br /> Uniforrn Co�enan�s. Borrov�rer a.��d Lei�c�er coven��.�anc�.agree a�follaws: <br /> '!. Paym��n� �f Principa�, In�er���, �scr�w I�en�sy Prepaymen� Char�e�y �nd La�� �nar�es. Bor�awer <br /> ����.I��ay vvhei��.ue t1�e prir��ipal or, a.�c�x��eres�o�., �he debt evidenced�y��ie No�e�nc�at�y prepayinen� <br /> c�zarges���c�Iate e���.f�ges d.L�e un�.ei��Ze No�e. :Borrower s1za�1 a�so�ay f�.nds fo��scraw��e�ns pt�rsuan�tn <br /> Se��Yon 3. Pa��r�en�s c�ue u�c�er��Ze No�e anc��hi� Security I�stru�-nen�sha�l�e ina�e i���L]�.S. cu�rer�cy. <br /> H�owever, if�.ny c��ee�f or o��z�r i�ls�ru.�ne�a.�received�y Lender�s pay�nen�t�t�der t�ie No�e or��ai� Secu�•r�y <br /> rn��:rut11et1�.�s retu�•�ae�.i�o Le�.c�er�.�npaid, Lendel ma.y re��:���•e�h�t a�.y o�a�1 subsec�ueizt pay�x�en�s dt�e ut�c��r <br /> t�1e No��a�d�his Sect�ri�y I�7struiner��be���ade���one a���-no��of�he fo�la�v��g fo�ir��, �s selec�ed by L�t1de�: <br /> �a� cas�i; ��}�noney o�det•; �c� certi�ied c��ec��, bar�1�check, treasu�er's c�le���or caslz�e�'s checl�, �rovided any <br /> sucZ1 c�zec�f�s c�rawn upo��.�t�i�as�i�u�ia�1 w�ase de���si�s are it�su��ed by a federal agency, i��st�•u1a�e��a.Ii�y, o� <br /> ��ztity; o��c�}�1ec�roriic 1�unc�s T�a.r�sfer, <br /> Pay�r�etlts �.�e deetnec��•eceive�.by Le�lder u�hen.�ece�ve�.���1�e 1aca��a�1 desig��.�e�.a.�z��le No�e or a�suc�l <br /> athe��1oca�i��a�s�-�zay 1�e c�esi�na�ec�.l�y I.�e�.�.er i�.acca�c�a.�ce v�ith the tao��ce provisiof�s in Se�tio� 15. <br /> �e�zder�n�,y z•e�u�•�a�zy pay�ne�z�ar�ar�i�.I�aytne��rf i:he payine�l�or p�.r�ia��ayments �re ins�.�ffic�e���o <br /> b1 rng���e Loa� curre���, Le�de��nay ac�e�t ar�Y�ayment�r pa.rt��.l p�.yizze��inst�ffi��et�1:�o br��.���ie Loan <br /> ctir��en�, wi�laou�waiver of�.�zy r�g��s�zeret�n�.er flr p�ejudice 1:o its��g��s�o ref-use such payinen�:oi�par��a� <br /> paynle��s i11��ze fu��xre, bu�Le�.c�e�r�s zzo�a�lig��e�.to a�p1�suc�i pay�neia.�s at�he�ime such�ay�nen�s are <br /> accep�e�, �f eac�l Perioc�ic P�.y��nen��s a�p����.as af i�s�sc�zedL��ed c�L�e�.a�ce, tlae�z Lendel•�Zeed no�pay i��eres� <br /> �11 U.11����.�.��.fL1.I1C�.5. Lenc�er tzz�.y hold such u:�ap�Iiec�Fur�ds t��til I3�rrower�n�lfes��:y�nents to�x Y�Zg the <br /> Loa�ctxrretzt. rf B�r�ower c�aes na�:da so w�thin a reasol����e periac�of�i�ne, Ler�der s�1a1� ei�her�.pp��such <br /> �unds o�t eturtl�.h�tn�o Bo�rawer. rl ilot a�pl�ed ea��l�er, suc11 f1.��c�s�trrll b�a�plied to���e ou�s�andir�g <br /> �?�1�1C1�c���L7�1c�I1C�tir1C��1��he No�e��Z�n�di�.�e�y pr�or �o foreclost�re. No affse�or�lai�n which Lo�rower migh� <br /> �l�:ve�lov�or i�a,t�1��.��ut e agai�.s�L�n.d�r sha11 relieve F3o1 rower lro�111na�ci�a.g p�.yinet��s �tite u���e���he Na�e <br /> a��c�1;his Secur��y I��stru�a.zen�or per�a��nirzg the co�renants and agr.ee��len�s sect�red by��Zis Seeurity <br /> rri�t�uf�nen�1:. <br /> 2. A pp�i�a�i�n of F�ayment� or �'roceeds. E�.cep�as o����rw�se descri�ec�i�-�t�zis Sec�ioiz Z, ��1 pa,yine��s <br /> acGep�ed and ap�lzed by Len�.er s1a��.�1 l�e applied i��he f�llowing o�-der of prio�i�y; �a� �nteresl:due utlde��h� <br /> Note; ���p�•i��ci�a1 due ui�det•�he N��e; �c} a�no����.�s dL�e��nder Sec��on 3. Suc�z pay�neilts s11a11 be��aplied t� <br /> eac11 Peri�c�ic Pa�r�nen��n t�z�or�.er i��vt���ic�z it becai�le due. A�ay re�na��ai��.g a��noun�s s1�a�l�e applied f��s��:o <br /> 1�.�e cXlar�es, secatl�.�a any a���e��.maL���ts dL�e utic�er�:llis S�ctXx��y Ins�ru�nerzt, a�c�t�leY7�:��'e�.�.�ce���e <br /> princi�at�a�a�zc�of�l�e No�e. <br /> �f I�eizder i�eceives a�ay�llei��ft�o�11 I3a�raw�r for�.c�e�izlc�uen�Pe�iodic P�.yiner��whic�z�z����.xdes a sl�f�icie�l� <br /> �.�nount tn pay a�y�a�e��large c�txe, the�aynlen�znay l�e��pl�ed��the c�eli�lquetl���.ylnen�an�.���e I�te <br /> c�i�.�•ge, Il�-nore�k�a�Y o���Perioc�.�c Pay�n�nt xs ou��t�.�l�.i�a�g, Lenc�e�may app�y a�y�ay�n��:�recei�ed fro�x� <br /> BCli1•ower��the�'e��.�I11eI1�Qf��1�P��1QC�.�G Pa�'1.71e1.1�S �.:F, an�l�o tl�e exte��t�l�.�, ��C���c'7.y1.7��11�Gc'l.�Z�7��7c1.IC�117� <br /> fu11. To�l-��ex�e���:tl�at a��y ex�ess exists af���the p�.y�nen�is app�iec�ta tl�e rull�ay�aler��of o�ze ar�a�ore <br /> Peria�ic I'ay�ner�l:s, suc11 excess�nay�e ap��ied�a a.r�y�ate clz�rge� c�ue. Valutl�a.ry prep�y�ne�.�s s�a�.l�be <br /> a}�p1�ed�'irsf:�:o any�re�ayrne���ch�.rges �.�1d i.��eri as descxi�ec�i�a.�:�xe Note. <br /> � z�oas��a <br /> N�BftASKA-Singl��amily-�annie M a�l�reddi�M ac IJNI�DRM lNSTRUM ENT Form 3028 11�� <br /> VM P� II�I PE�N����342} <br /> V11olf�rs Kluw er Fi�anciai 5ervices Page 4 ❑f�T <br />
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