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201404692
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Last modified
7/20/2017 8:12:42 PM
Creation date
7/31/2014 9:33:34 AM
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DEEDS
Inst Number
201404692
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��14�4�9� <br /> Paragraph � �a}�ii}and �b�oc�ur. <br /> �d} Not�ce to Secretary and Barro►n►er. Lender shall notify the Secre#ary and Borrower whenever <br /> the loan �ecomes due and paya�le under Paragraph � �a}���}and �b}. Lender shail not ha�e�he <br /> r�ght to�ammence foreclosur� un�il Borrower has had 3D days aft�r notice�a ei�her: <br /> ��} �orre�t#he matt�r which resu�ted in the Secur��y Inst�umen�camin�due and payable; or <br /> {ii} P�y the�alanc�in fuil; �r <br /> �iii} Se�l the Pro��rty for th� les�er of#he balanc� ar 95°I� of the apprais�d �alue and app�y <br /> th�net proceeds af the sale taward the ba�ance; ar <br /> ���} Pro�ide the L.�nder wi�h a deed-in�lieu of foreclosure, <br /> 4e� Trusts. �on�eyance of a Borrawer's interest in �he Proper�y to a trust wh�ch meets th� <br /> requirer�ents vf the S�cr�#ary, ar �onvey�nce of a trus#"s interests �n �he Prap�r-t� ta a <br /> B�rrower, shail not b� considered a con�eyance for �urposes of th�s Paragraph 9. A trust shali <br /> not be cansidered an a�cupant or b� consider�d as having a princ�pal res�denc� for purposes <br /> of this Paragraph 9. <br /> 4f} Martgage Nat �nsured. Barrower agrees tha�should this Security Ins�rument and the Note not <br /> be eli��hle for �nsu�anc� under�he Nati�r�a� housing Act wit�in fi� days from the date her�of, <br /> Lender may, at i#s aption, require immediate payment-�n-full of al! sums secured by th�s <br /> SecUr�#� �nstrum�nt. A wr�tten statemer�t �f any au�horiz�d a��n� vf th� S��retary dated <br /> subsequent t� G� days from �he date hereof, de�lining to insure this S�cur�ty lns�rument and <br /> th� [�o#�, shal� be deemed co�c�us��e praof�f such in���gib����. �VQtw��hstanding t�e for�g�ing, <br /> th�s op#ion may no�be exercised by Lender when the unavailabiii#y vf insurance is solely due ta <br /> � Leno�er's fa�lu�e ta remi#a mortgage insu�ance prem�ur��o the Secr�tary. <br /> �I D. hio Defic��ncy Jt��gments, �3ar�owe� shall have r�o p�rsona� ��a���it� for pa�m�nt of ��e �e�# <br /> s�cured by�his 5ecuriiy #ns�rument. Lender may enfor��the de�#�nly thraugh sa�e of�he Property. <br /> �ender shall na# be perm�t�ed ta ab#�in a defi��er�cy jud�n���# a�ainst Borra�ver �f th� 5e�ur�#y <br /> In�trum�n� is forec�osed, lf this Securi�y lnstrument is assigned �o �h� Secretary upon demand by <br /> th� SeGre�ary, Barrovver sha�l nat be lia�le for an}� difference be�ween �he �rtor#ga�e �nsurance <br /> benefits paid to Lender and th� au�standing ind�b�edness, inc�uding accru�d interest, owed by <br /> �3arrower at the time af the assignment. <br /> '�'�. f�einstatem�nt. Barrvwer has a r�g�� #o �� r��nstated if Le�d�r ��s r�qu�r�� �mmed�ate <br /> paymen�-in-fu�l. This r�ght appl�es e�en after fore��osure pro��ed�ngs are �ns#i�ut�d. Ta rein�tate�h�s <br /> Securi�y �ns�rument, Barrower sha�� carrect t�e condit�an �rhich resu�ted in �he r��u�rement �ar <br /> immediate payment-in-full. Foreclosur� �osts and reasonable and �us�omary attorney's fees and <br /> expenses properiy associa#ed with #he fore�losure praceeding st�a�� �e added to the pr�n��pa� <br /> baian�e. Up�n r�instatement by Borrawer, th�s Secur�ty �nstrument and the obligations #ha� it <br /> secures s�a�l rema�n in effect as if �.ender had not r�quired immed�ate p�yme�t-in--full. However, <br /> Lender �s not requ�red ta permit r�insta�ement if: �i} Lender has accepted reinstatement after the <br /> �ommen�emen# of fareclosure praceedings wit�in two y�ars imm�d�at�iy preced�ng the <br /> commencem�nt af a current for�c�osur� proceedin�, �ii} reins�atemen� wilf pr�clude fareclosure on <br /> difFeren� grounds �n �he fu�ure, or �i�i} reinstatement wi�f adverse�y afFeG# #he �r�vrity af th� S�curi�y <br /> � o332a � 45zaao � 33oova000 : <br /> Ac�enture Mvrtgage Cadence Dvcument Cer�ter D d2�S {5 vf 1Q} Nebraska De�d af�rust HECM�IkED RAfE-MERS <br /> �1114 <br />
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