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201407042
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Last modified
7/20/2017 9:49:55 PM
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11/5/2014 9:26:55 AM
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201407042
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��14�7�4� <br /> ]30RR��]VER C�VEN1-�NTS��ia�Borr�wer��tavvfully se�sed of the es�a�e hereby conveyec�a��.has�the rig�i��a <br /> granti and cQ�zve�y�he P��ope�ty an���za���e Property�s uz�e�acu.�n�ered, except for encu�n�rance�o�recorc�. <br /> B�t•ravver warran�s ar�d wi�1 defex�d generally t�le�itle�o �he Prope��y agains�aI1 �1ai�ns an�.d��.na.�zd,�, subj ec��a <br /> a��y e�cui��braz�ces o�re�ard.. <br /> THIS S�GURTTY'�NSTRUMENT colnbi�es�.����fo���n cover�a.n�s lor�ati��za1 t�s�ar�d non�L��a�fo�m cavenants wi�h <br /> ��mi�ed va.riati�ns by�ur�sdic�ior��o cor�stitute a un�fo�m sect�ri�y�ns�.ru�ner��co�rering re�1 proper�y, <br /> U nifnrm Co►rena���. Larrawer and Len�.er cove��a��anc�ag�ee as lo�Iows: <br /> 'E. Paymen� of IPrincipa�, In�eres�, Es�rarrv l��ms, Prepa�ym�nt Charge�, ar�d L���� �harg��. B�rrowet <br /> �ha11 pay wher�c�ue i:1�e p�i�ci�al�f, an�.���erest on, f;he de��eV�denced�y�11e No�e a�d any prepay�ne�� <br /> ch�.�ges anc�la�e cllarges due uxa.der�h�No�e. Borrawer shal�.a�sa pay fu�ds�f�sr�sGrou��te��1s�ursua���o <br /> S�C�14f1 3. P�.�f11e�1�S C�.U.E U.11C��I��10 N��:e�.11���1ZS ��CU�I.���ri5�f Uf11�t1�5�1�.�.�.ve t11aC��111 U.S. c�.r�•e�zGy. <br /> However, if a�.y c��ec1{or a�her i��s�ru�ne�.t recei�red by Lenc�et�as�ay�ner��under�h�Na�e or�his Securi�y <br /> Ins�ru�nen�is return�d�o Len�.er unpaid, Len�.er lnay���quire��.a�any�r a�l sul�sequetzt�ay��en�s due und�r <br /> the No�e a��d���:s S�curi�y Ins�:l��ine�ti be ma�.e���one or mare of�11��ol�owing Farrns, a� selec�ed�y Len�.er: <br /> �a�c�.sh; �1���noney order; �c} cer�i:�ed cllecl�, ban1�c�iecl�, �reasurer's c�lecic or cas�iie�r's checl�, prov�c��c�a.i�y <br /> suc�a.cI1e�1{is c��av�tl�po�z a�.�n,��i�utior�whose deposits are i�.�u���d�y a fede�ra� agency, instru�nen�ali�y, ar <br /> �nt��y; o��d) ��ectranic Tunc�s Traris:fer, <br /> �'ayinen�s are deetned received by Le���er vvllen rec�ived a��lze 1oca�ion desig�ated in�11e Na�e o�a�such <br /> o�11er�oca��on a�lnay be des�g�a.a���.�y Lender�tl accordance w��h�he no�.ice�rflvis�ons in Sectiiar� �S, <br /> Le���.e���nay re�u�n any pay�zle�.�or��r�ia1 paymer��if the paymen�or pa.rtia.l�ay�nen�s are insufficiez�.��o <br /> br�ng�h�Laa�.current. Lender inay acGe�a�:a�y�ay�nen�or p���iar��.yi11e����ns�.�ff�cien�to�ari�g the Loan <br /> cu�rretzt, Wil:hou�vvaiver of any rights�iereu�lder flr pre;ju�.ice�a its rigll�s�o refLxse sL���i pay�ne�.�or p�ri:ial <br /> �ayir�en�s ir�t�le f�.ture, f�ut Lei�d�r�s�Zfl�obl�ga.ted.�o apply such�aay�ne��s a�t�1e�i1ne such payxnen�� are <br /> �.cce��ed. If each Per�adie Payinetl��s app�ied.as of its �cheduled due dat�, �f�en Lender�a.eec��zo�pay in�ere�t <br /> on uxzappliec�funds. Len�.er znay ho1�.suc11 una�pl�ec�fiunc�s t�n���Bar�ov�er tnal�e�payxner�t��o bring i.��e <br /> Y..,�an cur�e���:. rf Boi�rawe�•does�o�do so�vtt�in a reas��able per�ad of�iine, Lender sha�1 ei���e�•app�y suct� <br /> fur�ds or�eturr�t�zetn tia Bor�ower. Zf no�a�plied earlie�•, such funds vvi11�e appli�c��o�he ou�standing <br /> princzp�.��a�ance undei-�1�e No�e��r�ne�.ia�e�y prio�to Fareclos�re. No offs�t o�c1a�1x�w�lxch Borrawet in�g�i� <br /> �la.ve now or xn�he ful:u�e a��.i�1sti Len�.ex s�1���re��eve Barraw�t•fro�n�nal�zn.g paytnents c��e unde���le No�e <br /> and�h�s Securi�y�n��t uinen�:or�aerfaril��t�g�he coven�n�s and ag��e�nen�s secu�red by t�lrs Secu��xty <br /> 1115�:Z t11�.7��.1�. <br /> �. App�i����o�n af f'aymen�� ar Proc�ed�. Excep� as �t��et�wis�c�escr�bec�in tl�is Sec�ioi�2, ���p�:ytnen�s <br /> accepted a11c�ap��ied by Le�.der s���:1��e a��tie�i����e I'Q�1awi�.g o�rder of priority; �a�ir�.�eres��.u��i�der��le <br /> Nof:e; �U�princ�pa� due��1zde��;�le Note; �c� a.�noL�n�s due u�c�er Sect�ar�3. Su�h payzne��s sha11 be app��ed�o <br /> each Perzod�c P�.ymen�in t11e o�der�n w�a�c�l it�eca�ne c�ue, A��y�etnaitling a�nou�z�s shal�be a���ied.�rs��o <br /> �a1:e c�larg�s, secon�.to a��y ot�ler a���o�.�n�s due t�nder���.xs Secu�ity I�Zs�ru�r�er��, and tl�en t�r�c�uce�h� <br /> p1•i�c��a1�a�an��of��ie No1:e, <br /> If Lef�t�er re�e�ves a paymen�fram Borrower f�r a c�e�ir�c�ueza.�Periodi�Payt�nen�whi�h�n��ud.es a�uff�cien� <br /> a�nount ta�ay a�zy�a�e�ha.rge d�.�e, t�z�payinet�t rnay�e applied�o�he c�eliric�ue�1��ay�ne��and t�ze�ate <br /> C���.�ge. If�x�ore�ha� one Perioc�ic Payn�e111:is ou�stanc�ing, Le�der�xaay apply a�1y�ay�nen�reGexve�.fr��n <br /> Ba�i�av�er to�he�•epay�ne�a�of t�.e Perioc�iG Pa�tl�e��s �f, a.nc��o�1ze extent�ha�, eacll��.y�ne�z�caz�be pa�c�i�a. � <br /> Fu11, To�lze ex�er���ha�a�zy exces�exis�s ar��t t11��ayrne��is �ppliec��o�l�e fu11 paysne�.��f o�ze or�nore <br /> Perioc��c Pay�nelz�s, suclz excess�11ay�e ap�liec�.ta a.�.y�a�e cl�a�ges c��.�e� Volu�tary prep�.ytn�tl�s s�lall�e <br /> applie�.fi�s��a any pr�payin��t ch�rges anc�:���en as c��sc�ibed i�z t11e Note, <br /> ��oor��o <br /> NEBRASKA-Single�am ily-Far�nle M aelFr�ddle M ac UN IFORM INSTRIJ�11�NT Farm 3��8 �10� <br /> VM P� VM I'6�NE}�13�2} <br /> Vllalt�rs Kluw er�inancial 5arvices Page 4 of 17 <br />
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