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201407528
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Last modified
7/20/2017 10:08:25 PM
Creation date
12/1/2014 9:11:11 AM
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DEEDS
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201407528
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��14�75�5 <br /> con�znue�o pay�o Le�der�he a.rnour��of�1�e sepa�ai.�1y des�gt���ed payme����ha�vve��e due whe�the <br /> �ris�.�.ra���e cov�X�g�ceasec�to�e��efFect. Lene�er v���� accep�, use�.nd retain�l�ese p�.y�x�ents as a <br /> n�r�Mrefundable 1os�reserve i�li�u oF M����ga�e Inst�rance, St�ch loss reserve sha111����o��refunc�able, <br /> no�wi�lzs�a�ditlg�:he f�.��t�1at��i�Loan is�.�I���na�ely pard�t1 fu��, aiid Lender s��a��z�o�be requ.i�e�.�a�aay <br /> Ba�r�we�any intet•e�t o� e�.r��ngs ��z st�c�l loss rese�ve. Le�.c�er can izo �onge�require loss reserve payir�e�.tis <br /> xf�VIo��gage Ir�st�rance caverage��n the ainout��and:For�lle perioc����a�Lender requires�providec�by a�. <br /> insurer selected.�y Lender aga.i�beco��es avai�ab�e, �s ob�air�ec�, �.nd Ler�def�requ�res separa�ely design�.ted <br /> pay�nen�s towar�.t�ze p�e�niu�n�for Mor�gage T�zsut ance. �f Lerider�equire�.Mor�ga:g�rt�su�'ance as a <br /> coric�itia�oF tnalftt�g t1�e Laa.��a�d Barrovsrer was require�.�o malce separa�ely designa�ed payme��s to�ard the <br /> �ret�urns far Mor�gage Z�sura�.ce, Borrower s1�a11�aay�he pret�ruu1ns rec�t�ired�o�nain�a.in Mat�1:��.ge <br /> Ins�.�ra��ce in effec�, ar�a�ravide�.non-r�l�.�r�da�le�oss reserve, �.r�-�iY L�r�c�er's requirem�n�for Mor�gage <br /> �nsuran�e ends fn�.c��rda�c�wi���any writ�en agz�ee�neYz�be�we�r�Borrower and Lender providing fo�sL�ch <br /> teri�lination or unti�teri�ni�l�.tio���s requ�red by Ap�li�able Lav�, Na��lir�g i�1�h�s Sec�ion 1� affecl:s <br /> Borrov�er'� abliga�io�1 to pay ir��eres�a���Ze ra�e�ravide�.in t�1e No�e. <br /> 1Vlflx�gage T��surance rei�nburses Leizdex�a�a.�y eiltil:y��a�purchases��a.e Not�� fnr certiain�osses x�xnay incur <br /> �f Barrower does not r�pa�r��ie Laan as agree�.. Bor��ower�s�.o�a par�y�o the Mo��gage Izasurance. <br /> �VTor�gage i��su�ers e�valuate t��eir tota�ris1�on al�such��.�uran�e it�Farce fi•om�:��ne�o�iine, ar�d may en�e�• <br /> i��o agreerne���,w��h other�az���e�����.�s��.�re or�n�dify their risl�, o�•rec�uce�osses, T�les��.greetnen�s a.re o�� <br /> �erzns ar�d co�.di�ion��ha1:are sa�isfac�ary t❑the mot•tig�.ge insu�rer anc��he a��1er pa.t�i.y�or�a���es} t���ese <br /> �:greet-nen�s. T��ese agreetn�n�.s rnay require the ma��gage i�zsurer�o mal{e pay�nentis u�xng�.xzy source af f�nds <br /> �hat�ne rnor�gage insurer�nay�Zave availab�e��tnrh�c�z�nay i�lclude 1u11c�s ob�ai�e�.f�oxn Mar�g�.ge Insu�a.nce <br /> pret��iu�ns�. <br /> A�a resul��F tllese�.gre�ments, Lender, a�y pu�c�las�r of���e N��e, a.t�o�h�r i�lsure�, a�y�e�nsu.�er; any o���er <br /> entf�y, ot a.ny arfilia�e oF any ol��ze foregaing, �nay rece�ve�di�ec�ly ar indirec�ly�a�nou�z�s���a�deriv�frnlz� <br /> �or�n�gh�:be c��aract�rized as� a po��tii�n of Bfli�ower's�ay�a.zen�� for Ma�1:g�.ge Itlsura�ce, in excla.�:�zge fot� <br /> sha.rir�g or inoc��fyi�lg the�n���gage i�1su��er's r�s1�, ar�•e�.�.�c�ng rosses, If s�c�1 agree�nent pr�v��es��Za�an <br /> af�l�a�e of Letic�er talfes a sha.r��f��i�znsurer'-s ris��i�exchange for a sha.�e of�h�pre��.ait��-ns paid�o the <br /> insurer, �he�rr�nge�ne�z��s �f��n�e�tne�."cap�ive reit�sura.nc�." FL�rthe��; <br /> �a� Any suc���gree�nents wi�i not�ffec��he nxnaunts �h��I3orx•ower h�s a�reeti�o pny for Mo�•ti��ge <br /> Insr�r���ce, ur nn�athe�terins �f�he Lo�n. Such a�ree�nen�s will no�Y��cre�tse�he �►inaui�� <br /> Bor�•ovver w�ll o�ve for Mox�tg�ge Insu���tnce, az�d they wx�l xao�en�it�e 130�•�•ower to any refrriYd. <br /> �I�} Any stxcli ngreernen�s v�il�no��ffect tlYe righ�s I3orrovver has��f nny�w�it���•espect�o t��e <br /> Mor����e Insu�•n�ice und.er�h�IIoYneow�ters Protec�ion Ac�af 1995 or a��y o���er l�we The�e rigl��� <br /> Yn�y YY�cl�xc�e t��e��igl���o rece�v�cer��in c�isclasuz•es, to x��qr�est anc� obtaxn cancel�n�Yon of���e <br /> Ma�•t�;a��Ins�X�•�nce, �a li�►ve tYre Mort��ge I��s��r�nce�erminatec�at��o�a�a�icn�ly, ��idlo�.•to receive <br /> �t�•efuY�d of�ny 1VIor�;gage IY�s��rnnce prem�uzns �h�t were r�ne��•ned nt�lae�i�ne af s��cYi <br /> c���cel�a�io�a or ter�nin�ti���. <br /> '�'i r ►4s�igr�men� af �Il�i�cellaneo�� �roceeds; For'fe��ure. A11 M�sce11a�1eou.�Pr�ceec�s are�.erel�y a�si�ned�o <br /> anc�sha1�Ue pa�c�to Lender, <br /> Zf t�le P��o�erty i� da�-nag�d, suc111Vliscella�leous Pr�ceeds sha�1 be��.pplied�o i estara�io�z�r repaxr o:f�he <br /> Pr��etity, rf the res�;oration or�epair is ecano���zcally feasib�e a.n�.Letlder's seet���y�s no��essened. Du.ritzg <br /> sL��11 t�pair at�d res�:oration�er��c�, Lenc�er s11all�l�.ve tih�r�g11t to hold suc1�Miscel���zeot�s Praceed�un�i1 <br /> �enc�er�zas ha.d an o��artutzt�y�a ��zs�ect sL���z P��a��rf;�ta ensure t��e vvarl�has beetl co�np�e�e�.�o Leza�.e�'s <br /> ��oo��a� <br /> N�BRASKArSingie�amily-Fannie M aelFreddie Mac IJNIF�RM IN5TRLlM�NT �arm 3d28 11�� <br /> VMP� IIM�G�N���13a�} <br /> Wolt�rs Kluw er Elnancial 5ervices Paga 9 af 17 <br />
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