201405449 - Laserfiche WebLink

Browse

��14�5449 Inspect�on. Lender or its agent may make reasonable entr�es up�n and inspecti�ns of the Property. Lender sha�� give Barrnwer not�ce a��he�ime af�r prior to an�nspec��on specifying reasonable cause for�he inspec�ion. �ond emnation. The pr�ceeds of any award�r c�aim far damages, direct ar consequentxa�, in connectian v�i�h any c�ndemnatian or o�her taking Qf any par-t of�he Prop�r�y, or far conveyance �n lieu af cflndem.na��on, are hereby assigned and sha��be pa�d�o Lender. �n�he e�ent of a to�al �akv.�.g of�he Proper�y, �he pro�e�ds shall be applied to �he sums secured by this Securi�y Instrument, whether or no� �hen due, w��h any ex�ess �aid �a Borrower. In the e�en� of a par��a� �aking of�he Proper�y �n wh�ch the fair marke�value �f the PraperCy immed�ately before �he �a.k�ng �s equa��o ar greater�han �he am.ount of�he sums s�cured by this Secur��y �nstru.ment �mmediately bef�re �he �aking, unless Borrovver and Lender o�herwise agree�.n writ�ng,the sums secured by�his Se�urx�y�ns�rumen�shall be reduced by�he amaunt af the proceeds mul��plied by the fo�lowing fractian: �a��he ta�al amount nf the sums secured immedxa�e�y bef�re�he taking, di�rided by �b} �he fair marke� �alue of�he Froperty �mmedia�ely before �he taking. Any�ba�anGe shaii be paid �o Borrower. In th� even� af a par��a� �aking of�h� Pr�per� � wh�ch the fair marke� �a�u� of the Property immed�ately before the tak�ng is Iess than �he amount af the sums secured �mmedra�ely before �he taking, unless BorravWer and Lender oth�rwise agr�e in writing ar unless App�icab�e Law a�herwise pro�ides, the proceeds shail �e app��ed�o�he sums secured b��his Security�ns�rument whether�r not�he sums are�hen due. �f the Praperty�s abandoned by B�rrovver, or if, after not�ce by Lender to Barrower tha��h� condemnor offers�o make an award or set��e a claim for damages, Borrov�er fa��s�o resp�nd t�Lender wi�h�n�he m�nimum number of days esta.b��shed by App��cable Law after the date the no�ice is g�ven,Lender�s authorized to co��ect and apply the proce�ds, a� i�s optzon, e�ther �o res�orat�on or repair of the Property or to �he sums secured by �hxs Securi�y �ns�rument,v�h��her or not�hen due. Un�ess Lender and Borrower o�herv�ise agree in wri�ing, any applicat�an of proceeds ta principa� shall not ex�end or postpone�he due date of the payments due under�he��ntrac�or change the amount of such paymen�s. Barrovver No� Re�eased; Forbearance By Lender Not a WaxWer. Ex�ens�on af �h� �ime for paymen� or mad�f�a�ion of arnor�iza�zon of the sums secured by this 5ecuri�y �nstrumen� granted by Lender �o Borrow�r or any successor �n in�er�s� af Barrnwer shal� nat �perate to release �he liabx�xty �f th� ariginal B�rro�ver or Borro�ver's successors in �nterest. Lender sha�l not he r�quired fio carnmenc�proceed�ngs agains�any su�cessar�n ir��eres�or refuse�o extend�i_me far paymen�or otherv�ise modify amor�iza�ion of�he sums secured by this Secur��y �nstrum�n� by reason of any demand made by �he �r�ginal B�rrov�er or Borrov�er's successors in in�erest. Any forb�arance by Lender �n exercising any righti or remedy sha��no�be a waiver of or pr�c�ude the exercise of any r�ght or remedy. Successors and Ass�gns Bound; Jo�nt and Several L�a��lity; A�cammodation Signers. The covenants and agreemen�s af this Securi�y Instru.ment shal�bind and benef��he successars and ass�gns�f Lend�r and Barrower, subjec� to �he pro�isions of section ��Ied Transfer of the Pr�pert� �r a Bene��ai Interest in Borrower. Barr�vwer's covenants and agreemen�s shal�be�ain�and se�eral. Any person v�h� co-signs this Secur�ty�ns�rumen� bu� has no persona� liabi��y under �he �on�rac� �"Accommoda�ian Sxgner"}: �a} is co-s�gning �his Security �nstr�um�nt on�y �o mortgage, gran� and con�ey �hat Accommadat�on Signer's interes� in the Proper�y und�r th� �ernas of the Secur��y �nstrum�nt; �b} �s not persana�Iy o�lzgated to pay �he sums secured by �his Security �ns�rumen�; and�c} agre�s tha�Lend�r and an�ather Barraw�r may agree to extend,madify, forbear or make any ac�ommada�ions with regard to�he�erms af this Se�urity�nstrumen�flr�he�antract withou�tha�Accommoda�ian Szgner's consen�. Loan Charge�. �f�he Ioan secur�d by this Se�ur�ty Ins�rumen� �s sub�ect to a Iavv wh�ch sets maximum �oan charges, and that Iaw �s f�nal�y in�erpreted s��ha�the �nteres�or o�her loan charg�s collec�ed ar to be call�cted�n connec��on wi�h the loan exc�ed �he permitted lim��s, �hen: �a} any such �flan charge sha�l be reduced by the amoun�necessary�o reduce the charge t�the permitted Iim.x�s and�b} any sums a�ready collec�ed fram Borrower wh�ch ex�eeded permitt�d limits wi�l be refunded �o Borrawer. Lender may chnose �o make �his refund by redu�ing �he principa� owed under the �ontrac� or by makzng a direct payment�o Barrovver. �f a refund reduces pr�nc�pa�,�he reduction will be trea�ed as a par��al prepaymen�under�he Con�ract. Nati�es. Any not�ce �� Barrower provid�d for �n �his Securit� Instrumen� shall be gi�en by del��ering �t or by mai�ing��by first c�ass maz�unless Applzcabl�Lavv requires use of ana�her method.The na��ce sha��be direc�ed ta the Property Address or any other address Borrower des�gnates b� no�ice to L�nder. Borr�wer agre�s to provide Lender w�th Borrower's mas�curren�maz��ng address, as i�may change from�ime-�o-��me. Any natice to Lender shal�be g�ven by fzrs�class mail�o Lender's address s�ated herein or any o�her address Lender designa�es by no�ice �o Barrower.Any not�ce provided for in thxs 5ecuri�y Instrumen�sha��be de�med to have beer�g��en�o Barrower or Lender when g�ven as provided in th�s paragraph. Gfl�ern�ng Law; Se�erabi��ty.This Security Ins�rument shal�be gaWerned by fed�ral�aw and the lavws af�he sta�e of Nebraska. In �he even� tha� any pravision or c�ause of�his Security �nstrumen� or �he Con�rac� canfl�cts with Appl�cab�e Lav�, such cnnflz�t shal� no�affec� other pro�isions of�hxs Security�ns�r�.iment or�he Con�rac�which can be g��en effec�wzthout the conflic�ing prov�s�on. To th�s end th�prov�s�ons of�his Se�urity�nstrumen�and�he �on�rac�are declared to be severable. Borrower's Copy.Borrawer sha�l be g�ven one copy tif�h�s Securi�y znstrumen�. Transfer of the Property or a Beneficia�Interest in Bvrrawer. If alI ar any part of�he Property or any�nterest in i� is sa�d or transferred �or if a benef�ciai in�eres� �n Barrower �s sald or transferred and B�rrower �� no� a natural person} withaut Lender's prior v�ritten cansent, Lender may, a� its op�ian, require immediate paymen� �n Q 2�04-2�13 Cam��iance Sys#ems,Inc.9F96-7334-2DI3L2.4.721 Cansumer Real Estate-Sec��ity Instrvment DL2a35 �age 3�f S www.compIian�esystems.�om