201408104 - Laserfiche WebLink

Browse

��14�51�4 interest fram the da�e of d�sbursemen� at the same ra�e assessed on advar�ces u�der �he Can�ra�� and shail be payable,w��h in�erest,u��n notice from Lender to Barrawer requ�s�ing payment. Inspection. Lender or ��s agen� may make reasonable entri�s upon and xnspect�ans of�he Proper�y. Lender sha�� gi�e Borrawer no�ice a��he tzme of ar pr�or�a an xnspect�an specifyi.ng reasonab�e cause for th�inspectzon. Cvndemnat�on. The proceeds af any a�vard�r c�a�m for damages, direc�or consequen�t�a�} in connect�on w�th any Gondemna�ion or o�her fiakzng of any par�of the �ropez-ty, �r for conveyance in l�eu�f�ondemnat�an, ar�hereby assigned and shal�be paid t�Lender. Zn �he even� of a to�a� �a��ng of�h� Proper�y, �he proc�eds �ha�� e app�zed �o the sums �ecured by this 5ecuri�y �nstrumen�, whether or not th�n due, wi�h any �xcess paid �a Borrov�er. In �he e�ent of a par�ial �aking of�he Property in whi�h�he fair marke� �alue of�he Proper�y �mm�diately before �he tak�ng is equa�to or greater than �h� am�unt af�he sums secured by this Securi�y Ins�rument immedia�ely �efare �he �aking, unless Borrower and Lender otherwise agr�e in�rz��ng,tihe sums secured by�h�s Security�ns�rument sha11 be reduced by the amoun�of �he proceeds mu�tipl��d by�he f�Ilov�ing frac��on: ta��he to�a�amount of the sums secured�mmediately before the taking, divided by �� the fa�r market value of�h� Proper�y immediately before the �aking. Any ha�an�� sha�� b� paxd t� Borr�v�er. �n the even� of a partial �ak�ng of�he Property �n which the fair marke� valu� of�he Praper�y imm�dia�ely befor� the �ak�ng �s �ess �han�he am�un� of�he sums secured �mmediately before �he taking, un�ess Borrower and Lender o�herwise agree in wrzti�n.g or un�ess Appl�cable Law otherwise provides, the proceeds shal� be applied to the sums s�cured hy�his Se�ur�ty�nstrumen�v�hether or n�t the sums are�h�n due. If�he Proper�y�s abandaned by Borrower, or�f, after no�ice by Lender to Borrawer�ha�the condemn�r offers ta make an award or settl� a c�aim far dama�es, Borrawer fails to respond�o L�nder within the minimum number�f days established hy App��cable Law after�he date�he��ice �s given,Lender is authorized to co��ect and appl��he proceeds, at �ts op�ion, either to r�s�ora��an ar repair �f the Prop�rt}� or �o the sums secur�d by th�s Securi�y �nstrumen�,w��her ar no�then due. Un�ess Lender and B�rrower�therwise agr�e �n wr��ing, an�application of proceeds t�princ�pa� sha��nnt extend ar p�stp�ne the due da�e af the payments due under�he Can�ac��r change�he amount�f such paymen�s. B�rrawer Nat Re�eased; Forbearance By Lender Not a '�V'aiver. E�tensi�n �f �he time for paymen� or modification of amor�ization of the sums secured by th�s Securi�y Instrumen� granted by Lender to Borrower or any successor irr zn�erest of Barrower sha�I na� aperate �o release �he liab�l�ty of �he �riginal Borr�vwer or Barrower`s successors i.n interes�. Lend�r sha��nat be required to c�mmen�e proceed�ngs agains�any su�cessor in �n�erest or refuse�o�xtend�ime far payment�r otherw�se m�dify amor�xza��on of the sums secured by th�s Secur�ty �ns�rumen� by reason of any demand made by the original Borrower or Borrower's succ�ssors in interest. Any forbearance by Lender in exercising any righ�or remedy shall nnt�e a waiver of or prec�ude �he exerczse of any right or r�m�dy. Successors and Assigns Baund; J��nt and Several Liab��ty; Accommadat�on Signers. The cavenar�ts and agre�ments of�his Secur�ty InstrUmenx sha�1 bind and benef��the successors and assigns �f Lender and Borrov�er, subjec� �a the provis�ons of sec�iar� tit�ed Transfer of the Praperty or a Benef��a� Intere5t �n B�rrovver. Borrowerrs covenan�s and agreemen�s shall�e join�and s��ra�.Any person�vho ca-s�gns�h�s Securi�y�ns�rument bu� has zao persona� �xab�li�y und�r �h� Contract �"Accammoda�i�n 5�gn�r"}: �a} is co-s�gn�ng this Secur�ty znstrumen� only �o mor�gage, gran� and convey �hat Accommodation Signer's interes� �n �he Properry under �he terms of �he Security Instrumen�; �b} is not personal�y �bliga�ed ta pay the sums secured b� �his S�cur�ty �nstrumen�; and�c}agr�es tha�Lender and any flther Borrower may agree ta ex��nd, modify, forb�ar or make a.n.y accvmmada�xons v��th regard��he terms of�his S�curx�y Instrumen�or the Cantrac�wi�hout�ha�t Accommodatian S�gner's consent. Laan Charg�s. �f�the loan s�cured by this Secur��y Instrumen� is sub�e�t �o a law which sets maximum Ioan charges, and�ha�law�s fulal��nterpreted so�hat�he interes��r other Ioan charges co��ect�d or to be collected in cannec�ion w��h the laan exceed the permit�ed limi�s, then: (a} an� such Iaan charge sha�� be reduc�d by �he amount necessary to reduce the charg��o the permzt�ed l�mi�� and�b} a�y sums already co��ected fr�m Borrawer which exce�ded permitted lim�ts will be refunded to Borrower. Lender may ch�ase �o mal�e �h�s refund by reducing the prin�ipal �wed under�he �ontrac� or by making a direct pa�ment to Barrower. �f a refund reduc�s �r�ncipal,the reduc��a�v��be�reated as a par��a�prepaymen�under the Con�rac�. � Not�ce�. Any no�ice �o B�rrower pro��ded for zn �his Secur��y �nstrumen� sha�� be gi�en by d��ivering it or �y mailing x�by f rs�c�ass mai�un�ess App�icab�e Lavv requires use of ano�h�r methad. The notice sha�l�e dir�c�ed ta �he PraperCy Address ar an� other address Borr�vWer designa�es by no��ce�� Lender. Borrawer agrees �a pravide Lender v�ith Borro�ver's most current maiixng address, as it may change from�ime-�o-time. Any no�i�� Lender sha��be g�ven by first c�ass mail to L�nder`s address stated herein or any o�h�r address Lender d�si�na�es�y no�ice �o Sorrower. Any na�ice provrded far in�his S�curi�y Instrumen�sha��be deerned�o ha�e been given t�Borra�ver or Lender v�hen g��en as provided xn�his paragraph. Go�ern�ng Law; �e�verab��y.This Security�nstrument sha�l be gflv�rned�y federa��aw and�he Iaws�f the state of Nebraska. �n the event that any pra�is�on or clause af this S�curity �nstru.ment or �he �ontra�� confl�cts with App��ab�e Lav�, such conflic� shall not affect o�her pro�isi�ns �f�his Securi�y �ns�ru.men� or�he Con�rac�v�hich can be gi�en effec�withou�th�conf�xc��ng prov�sion. Ta this end the prav�sxflns of this Securx�y�nstrument and�he Contract are declared�o�e severable. Borr�wer�s Copy.Borro�er shall b�g�ven one capy of�his Security Inst�rumen�. ��004-2a14 Compliance Systems,In�.4458-7317-2413L2.3.1.Sa3 Consumer Real Estate-Secur�ty Instrument DL2035 Page 3 of 5 www.compliancesystems.cvm