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201500730
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Last modified
7/20/2017 10:45:11 PM
Creation date
2/4/2015 9:32:41 AM
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DEEDS
Inst Number
201500730
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��15��73� <br /> , <br /> If th�s Security Instrument�s an a�easehvlt�,�3orrv�rer sh�all�omp�y�ith a�th�pr€��risivx�s af th���ase. If <br /> Borro�rer acquir�s f�e t�t�e tv the Prvpert,�,t�Ze�ease�.old at�d the fee�t�e sha�l not merge unle�s Lender agr�es t�t�a.e <br /> m�.erger in.�tu�g. <br /> �.�. N.Iar�gage InSuran��. �f Lender required �Ulartgage Injsuran�e as a condit�on af makin.g t�a.e Lvan, <br /> Barra��r sha�� pa� th� prem�.�ums required to maintain t1�.e Ii�Iar�gage Insurance in effe��. If, far any r�asvn, tb.e <br /> 1lllor�gage�nsuranc��v�r�rage requ�red by I�end�r ceases tv be a�a��ab�e fr�m the mar�gage�nsurer that pr��r�vus�y <br /> pra��ded su�h�n.suran.ce and B�rro�er v�ras requir�d tv ma1�e separate��r des�gnated pa�m�ni�s to�ard th�premium�.s <br /> fvr�.Vlvrtgage�nsurance,Borra�r�r sha��pay the premiums required tv ob�a.in ca�erage substant�a�l�ec�u��a��nt to tlze <br /> �Iar�gage Insuranc�pre�r�vu.��.�in.effect, at a�vs�subs�an.t�aLl.�r equ��ra�ent t�t�.�cast tfl Barr��er of th�Mor�gage <br /> Insurance pre�nus�� �.n effect, from an alternat�martgage �nsurer Selected b� I�ender. If subs�.nt�a.��.� equi.va��n� <br /> IUlor�ga.ge Insuara.�.ce coverage�s�ot availab�e,B�rrv�er sha��Cvntiuue ta pay to�ender the amvunt of the separa��l� <br /> des��nat�d payments th,at�ere due�hen th��.suranc�caw�rage ceased to be i�n eff�ct. �.ender�rri��accep�,use and <br /> r��t�.ese pa�m�ts as a nan r�fundable �oss reserve �n lie� o�N�or�gage �nsuran�e. Such �oss r�ser�r� shal�be <br /> non re�.dable,nat�ith.st�nnding the fact t��.at the Lvan is ultimat��y pa�d�n fi�11,and Lender sha�l�ot be required to <br /> pa�Barra�er any�nterest�r earnings vn su�h�oss r�ser�re. I.,ender can nv�vng�r requvre�vss res��-�re pa�men�s �f <br /> �I�Iortgage�.nsuran.ce co�rerag�{in th�amount and fnr the p�r�od that Lend�r requires]prv�ided b�an i.nsur�r se�ecte� <br /> by I��nd�r agai�.b�c�mes a�ra��ab�e, �s abta�i.n.ed, aa�d I�ender requires separa.�el� des��at�d pa�ments tv�rard the <br /> pr�miums �or�.Vlar�ga.ge I�asurance. If L�nder required N.��r�gag�Insurance as a cvnd�t�nn of ma�ing t�e Loar�..and <br /> Bvrro�er vsras required t� ma�e separa�e�� des�gnatec� paym.ents t�vv�ard the premiums for �ar�gage Insuran�e, <br /> Bvrrv�r�r�hall pa��h�premiums required ta mai�tain.��r�gage�aasura��e in�ffec�,ar to prov�de a non�refundab�� <br /> I.vss reserv�, unti� �en�i�r's requ.irem�nt f�r �ortgage Ix�surance ends in. accQrd�n.�e �ith any �r%tten agreement <br /> bet�re�n Bvrrov�rer and Lender prv�id�tg �ar su�h term�nat�on�r until.termination is r��u�red b�App�i�able La�n�. <br /> I�vthing in th�5 Sect��n 1 D affec�s BorrQvc��r's abligat�an tfl pay ir�terest at tb.e rate pr��r�ded�n t�e No�e. <br /> lll�or�gage Insurance re�mburses ��nder �ar any ent�ty that purchases the I�flt�] for cer�a.ix�. �vsses �t ma� <br /> incur if Borrv�er does nvt repa�r the Lvan as agreed. Borra�er is not a par�t�the].1lj�r�g�ge Insuranc�. <br /> Nlort�age�nsurers e�raluate th�ir tatal r�s�vn a�l such insurance�n for�e fr�m.tvme tv tim�, and ma� �nter <br /> int� agreements v�ith o�her parties t�at s�.are or modify their risk,or reduce lass�s. These agre�men�s are on terms <br /> and �flnd�t�ans that are sa�isfac��r� t� the mvr�gage insurer and tb.e oth�r pa.r� [or par���s) t� thes� agreements. <br /> These agreements may r�c�uir�t�a.e mar�gage insurer�v�nake paymen�s using any svurce of funds t�xa�t�i.e mar�gage <br /> insurer may have a�railab�e�wh�ch may inc�ude funds vb�a.ined fram�1ll�rtgage�nsurance premiums). <br /> .A.s a.resu�t vf�hese agreement�,Ler�d�r,any purc�Zaser af the Note,another insurer,an.y re�nsurer,an�r other <br /> enti�r, or any afflia�e vf an.y of th�e foreg�ing, may receive �directl� or i.n�ire���y] amounts that deriv� from �vr <br /> mi�a.�be charact�rized as) a par�i�n vf�3orr�wer's payments for Nlor�gag� �nsurance, in exchange for shariug or - <br /> modi.fying the mQr�ga�� insurer's x-�is�, vr reducing Ioss�s. If such agreement prv��des �hat an a�.lia�e of I�ender <br /> t�.kes a share af t�e �nsurer's r�sk in exchange for a shar� af the premiums pa�d tv �e insu.�er, the arrangem�nt �s <br /> of��n t�rmed"capt��e rei�nsuran�e." Fur�.er: <br /> [a) Aan�sucb agreements�vi�I n�t affe�t the a�mvunts that Barr�w�r bas agreed ta pay for�Ivrtga�e <br /> Insr�ranc�,�r any ot��r terms of the I.�van. Suc�agreements wi�i not�ncrease the amvunt I3�rrower will��v� <br /> for�Vlortgag�Ynsurance,and th�y wi.��nvt eniit�e Bnrrvr�v�r to an�refund. <br /> {b) A.ny such agreements �i�� not afFect th� r�ghts Barrawer has -� �f any -- ��th re5pe�t tv t�e <br /> �iortgag� In��.rance under the �vmea�aers Pratect�on Act of 1995 vr any Qther �a�v. These rights m�a�r <br /> in��ude tbe r�ght to recei�e certain�isc�n�ure�,ta request and n�tain cance��at��n vf the I1�ar�gage Insurance, <br /> t� have thQ �ortgage Insuran�e term�nat�d autamatically, andl�r ta re�ei�ve a refund af an�r N�ortgage <br /> Ins�uran�e prem��ms#hat were unearned at th�t�me af such cance�latian vr termination. <br /> 11. Ass�gnment of :�isce�laneous Pr�ceeds;� F�rfe�ture. .�1 �.illisce�lan.eous Prviceed.s ar� her�by <br /> ass�gned to an.��hal1�be paid to Lender. <br /> If t�ae Proper� is d�maged, such Nl�s�e�.an�vus Pr�ceeds shall �b� app�ied to restora�.on vr repair vf the � <br /> Proper�, if the restarat�an Qr repa�r is economicall� feas�b�e and I�ender's securit� �s n�t �essened. Dw�%�g such <br /> repair and restarati�n per�od,Lender shall have the r�g�zt ta ha�d such I11�isce�lar�eous Prace�ds un.t�1�ender has had <br /> �11�ebraska�leed af Trus�5ingie Famiiy—Fannie�1�Iael�reddie�Iac TJniform In�trument Form 3�Z811D1 <br /> N�RS Modif�d <br /> The�ompiianc�Saurce,Inc. Page S of 14 h�oaified by CQmpI�ance Svurce 143�1NE�510�R�v.n�4113 <br /> ww�v.comp�iancesvurce.cvm � . C�2Daa 2a13,The�ompliance Sour�e,�nc. <br /> � b 8 3 -�- 2 t] CJ ❑ � ❑ 3 � <br />
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