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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 /> if the circumstances des�ribed in ti}�r�ii�o�cur, #hen a!� paymen#s by�he Secretary, �ncluding <br /> �nterest on the payments, but exciudin� late charges paid by�he 5ecretary, sha�1 he included <br /> in the debt underthe No�e. <br /> �c} Effect�n Borr�wer.Vllhere there is no assignment or reimbursem�nt as descr�bed in �b}�i}or <br /> � ��i}and�he Secret�ry makes paymenfs�o Borrawer,�hen Borrower shall na#: <br /> �i} Be required fo pay amvun#s awed under th� Nvte, or pay any r�nts and re�enues �f the <br /> Property under Paragraph �9 to L�nder or a recei�er of the Property, until the Secretary <br /> has requ�r�d payment-in-full of all outstandin� principai an� a��rued inter�st under�he <br /> Sec�nd No�e; or <br /> �i�} Be obligafied ta pay in��rest or shared appreciat�an under�he No#e at any�ime, whether <br /> a��ru�d bef�re or after the payments by �he S�cretary, and whether ar not ac�rued <br /> in#eres�has been in�luded in the principal bafan�e under#he Note. <br /> �d} N� Duty of the Secretary. The Secre�ary has no du#y to L�nd�r to enforce cvvenants of#he <br /> S�cond Se�ur�#y Ins#rument or ta take act�ons to prese�ve �he va�ue of the �raperty, e��n <br /> thvugh Lender may be una�le to�ol�ect amounts owed under the Note because of restrictions <br /> in this Paragraph �3. <br /> 14, Forbearance by Lender Nat a Wai�er. Any forbearance by Lend�r in exercising any r��ht or <br /> remedy shall not��a waiver of�r preclud�#he exercise of any right or remedy. <br /> '�5. Su�cess�rs and Assign� Bound; Joint and 5e�eral Liabiiity.The co�enan�s and agreements of <br /> th�s 5ecur�#y Ins#rumen�shal� b�nd and ben�fit�he successors and assigns of Lender. Barrow�r may <br /> not ass��n any rights or obligat�ons under this Se�urity lnstrument or under #he Nat�, ex�ept ta a <br /> trust#ha� meets the requ�remen#s af the 5ecretary. Borrvwer's covenants and agreemen#s shal! be <br /> joint and se�eral. <br /> 'I fi. N�tices. Any nvti���o Borrower pro�ided for in this Securi#y Ins�rumen�shall be given by de���ering <br /> it or by mai�ing it by f rst c�ass ma�l unless appl�ca�le�aw requires use af another method. The notice <br /> sha�! be dire�ted to the Property Address or any o�h�r address all Borrow�rs j�in#ly designate. Any <br /> natice tv Lender shal! �e given by frst class ma�l to Lender's address sta�ed herein �r any addr�ss <br /> Lend�r desi�nates b�r n�tic�ta Borro►nr�r. Any notice pro�ided f�r in this S�Gur�ty �nstrument�hall be <br /> de�med#o ha�e been gi�en to E3orrower or Lend�r when gi��n as pro�id�d in#h�s Paragraph 1�. <br /> 1'T. Go�ern�ng Law; �e�erabi[ity. This S�cur�ty instrument shall be go��rned by Fed�ra� law and �he <br /> law of the jurisdict�on in which #he Property is located, In �he �vent that any �ro�ision or clause of <br /> �his Secur��y Instrum�n�or the Nv�e cvnflicts with applica�fe �aw, such cvnflict shall not affec�other <br /> prouis�ons of#l�is Securi�� lnstrument ar the Nate which can be gi�en efFe�t without the conflicting <br /> � pro�isian. To this end the provisions of this Se�urity �nstrument and the Not� are declared �o be <br /> s��erab�e. <br /> �I$. Borrower's Copy. Borrower shall be �iven one �onfarmed copy of the Note and this Se�ur�ty <br /> instrument. <br /> N�N-UNiF�RM CC3VENANTS. Borrower and Lender co�enant and agr�e as fo!lvws: <br /> qo33 � 8 � 45zaso � � 3aoo�oo � : <br /> Accent�are Mvrtgage Cadence Documer�t Cen#er U 0228 �7 vf��} Nebraska�eed of Trust HECM FIXED RATE-MERS <br /> �'�1'�4 <br />
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