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201408086
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Last modified
7/20/2017 10:22:57 PM
Creation date
12/24/2014 11:03:45 AM
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201408086
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��14�S�S� <br /> BflRR�WER CaVENANTS that Borrower is la�ful�y seis�d of th�estate hereby conveyed and has the r�gh�to <br /> grant and Conv��the Pr�perty a�d�hat the Proper����ur�encum.bered, e�cept far encumbrances of record. . <br /> Barrawer warrants and will d�fend generally the ti��e t� the Prop�rty against aI� claims and demands, subject ta <br /> an�encumbranc�s of r��ord. <br /> TH�S SE�URITY�NSTRUMENT�nmbines un�form�ov�nants fnr na�i�nal us�and nnn-unzform c�venan�s with <br /> limi�ed�ariations b��urisdiction to cnns�i�ut�a uniform security �nstrument covering r�a�p�oper�y. <br /> Uniform Covenants. Bflrrav�r�r and Lender co�renant and agree as f���ows, <br /> 'I. Payment of Principal. Inter�st, Escr�vsr �tems, Prepayment Charges, and Late Chrarges. Barrower <br /> �ha�l pay vvhen�ue the pr�ncipa� of, a.nd in�eres�on, th�debt ev�denced by the Not�and any prepayment <br /> �harges and lat�c�arges due under�he No�e. Barrflvver sha�l also pay funds for Escraw �tems pursuan��o <br /> Sec�ion 3. Paym�n�s due under the Note and��is Security �ns�rumen��ha���e made in U.S. curr�n�y. <br /> �Io�uever, if any ch��k or other instrum�nt r��eived b�r Lender as payrr�ent under th�Not�ar�his Se�uri�y <br /> �nstrument is retur�n�d to Lender unpaid, Lend�r rna� require tha�any�r al� subsequen�pa�rmen�s due under <br /> the�ote and th�s S�curity�ns�rument be mad�zn�ne or more of�he f���owing forms, as�e��cted b�L�nder: <br /> �a} cash; (b}maney�r�er; �C�CElrtl�l��C�1�Ck, ba�.k check, �reasurer's ch�ck ar ca�hier's check, pr���de� an� <br /> such check is drawn upan an�ns�x�u�i�n whose deposits are insured by a federa� agency, �nstrumenta�i�y, or <br /> ent�t�; or(d} E�ec�ron�c Funds Transfer. <br /> Pa�ments are d��med rece���d�y Lender wh�n r�ce��ed a�the laca�ifln des�gnated�n�he Not��r at such <br /> other lacatian as ma�be designated by Lender in accardance�vith the no�ice pra�����ns in Sect�on �S. <br /> Lender may return an�payment or par��a�paymen�if the paymen�ar part�al payn�ents are�risuf�cxent t� <br /> �r�ng t�e Loan current. L�nder may accept an�paym�nt or par��al payment insufficient t�bring�he Loan <br /> current, wi�hout wa�ver af any r�ghts hereunder ar pr�judice ta ��s rights to refuse such payrnen�or part�a� <br /> pay�rnen�s �n�he future, bu�L�nder is no�o�liga�ed ta appl�su�h payments a�the t�rne such paymen�s are <br /> ac�ep�ed. Xf each Period�c Paym�n� �s app��ed as�f its sch�du�ed due da��, then Lender need na�pay interest <br /> on unappl�ed funds. L�nd�r may hold such unapplied funds until Barrower makes paymen�s to�ring the <br /> Lt�a�curren�. �f Borrawer does n�t do so wi�hin a reasanable p�rz�d of time, Lender sha��ex�her app�y such <br /> funds or return��em to Borrawer. If nat app��ed earii�r, such fu.nds w���be applied to t���u�stand�ng <br /> pr�ncipa�balan��under��e Nate�mm��iat�l�r pr�ar t� fareclosure. N��ffset or��ainz whi�h Borrower mzgh� <br /> have now ar���ht future against Lend�r sha11 re�iev�Borrawer from rnak�ng payments du�under�ht Note <br /> and�his Secur��y Ir�s�rumen�or perfa�ng the�ovenants atad agre�ments secured b� ��xs Se�urxty <br /> Instrumen�. <br /> �. Applicat�on vf Payments or Proceeds. �xcep�as otherw�se descr����.in�his Se�tion�, a��paymen�s <br /> accepted a.�.d applie�I by Lender sha��be appli�d z�the fo���wing�rder�f pr�ority: �a� inter�st due under�he <br /> Note; �b}pr�nczpal due under the No�e; ��} amounts due under Sec�ion 3. Such paym�n�s sha11 be app�ied�o <br /> each P�riodic Pa�m�n��n the�rder�n�vh�ch it became due. Any remain�ng amounts �hal� be applied f�rs�to <br /> late�harges, s�cond ta any other amflun�s due un�er�h�s Securi�y Ins�rumen�, a�ad th�n to r�duce th� <br /> principal l�a�anc�af th�Note. <br /> If Lender r�cei�res a payment fram Barr�urer for a delinquent Periodic Payrn�nt wh�ch�nc�udes a suf�cient <br /> arn�un��o pay any�ate c�iarge due, the payment may be app��ed to�he del�nquent pa�ment a�ad the�a�e <br /> charg�. �f more than one Period�c Paymen��s outstanding, L�nder may app��any payment rece�ved from <br /> Borrower t� �he r�paymen�of��ae Periodic Paymen�s if, and t�the exten��ha�, each payment can be paid in <br /> fu��. T� the ext�nt�hat any excess exis�s after�he payment�s app��ed ta th�fuli paym�nt of one or more <br /> Per�ad�c Paymen�s, such excess may. b�appl�ed�o any Iate charges due. Volurztary prepayments sha11 be <br /> app��ed f�r�t t�any prepayment charg�s ar�d�h�n as describ�d�n�he Nate, <br /> N�BRASKA-Singl�FamiEy-Fannie MaelFreddie Ma�UNiFflRM 1N5TRUMENT �orm 3028 11�� <br /> VMP[� VMPS�NEf t13�2� <br /> Walters Kluwer Financtal 5er�ices Page 4 af 17 <br />
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