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201500945
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201500945
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Last modified
7/20/2017 10:49:37 PM
Creation date
2/17/2015 10:30:33 AM
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DEEDS
Inst Number
201500945
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201500945 <br /> Payments are deemed received by Lender when received at the location designated in the Note or at such <br /> other location as may be designated by Lender in accordance with the notice provisions in Section 15. <br /> Lender may return any payment or partial payment if the payment or partial payments are insufficient <br /> to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the <br /> Loan current,without waiver of any rights hereunder or prejudice to its rights to refuse such payment or <br /> partial payments in the future,but Lender is not obligated to apply such payments at the time such <br /> payments are accepted. If each Periodic Payment is applied as of its scheduled due date,then Lender <br /> need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes <br /> payments to bring the Loan current.If Borrower does not do so within a reasonable period oftime,Lender <br /> shall either apply such funds or return them to Borrower.If not applied earlier,such funds will be applied <br /> to the outstanding principal balance under the Note`immediately prior to foreclosure.No offset or claim <br /> which Borrower might have now or in the future against Lender shall relieve Borrower from making <br /> payments due under the Note and this Security Instrument or performing the covenants and agreements <br /> secured by this Security Instrument. <br /> 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all <br /> payments accepted and applied by Lender shall be applied in the following order of priority: (a)interest <br /> due under the Note; (b)principal due under the Note; (c}amounts due under Section 3. Such payments <br /> shall be applied to each Periodic Payment in the order in which it became due.Any remaining amounts <br /> shall be applied first to late charges, second to any other amounts due under this Security Instrument, <br /> and then to reduce the principal balance of the Note. <br /> If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient <br /> amount to pay any late charge due,the payment may be applied to the delinquent payment and the late <br /> charge.If more than one Periodic Payment is outstanding,Lender may apply any payment received from <br /> Borrower to the repayment ofthe Periodic Payments if,and to the extent that,each payment can be paid <br /> in full. To the e�ent that any excess e�sts after the payment is applied to the full payment of one or <br /> more Periodic Payments, such excess may be applied to any late charges due.Voluntary prepayments <br /> shall be applied first to any prepayment charges and then as described in the Note. <br /> - Any application of payments,insurance proceeds,or Miscellaneous Proceeds to principal due under the <br /> Note sha11 not e�tend or postpone the due date,or change the amount,of the Periodic Payments. <br /> 3. Funds for Escrow Items. Borrower sha11 pay to Lender on the day Periodic Payments are due <br /> under the Note,until the Note is paid in full,a sum(the"Funds")to provide for payxnent of amounts due <br /> for: (a)taxes and assessments and other items which can attain priority over this Security Instrument as <br /> a lien or encumbrance on the Property; (b)leasehold payments or ground rents on the Property, if any; <br /> (c)premiums for any and a11 insurance required by Lender under Section 5;and(d)Mortgage Insurance <br /> premiums, if any,or any sums payable by Borrower to Lender in lieu of the payment of Mortgage <br /> Insurance premiums in accordance with the provisions of Section 1Q. These items are called "Escrow <br /> Items." At origination or at any time during the term of the Loan, Lender may require that Community <br /> Association Dues, Fees,and Assessments, if any,be escrowed by Borrower,and such dues,fees and <br /> assessments sha11 be an Escrow Item. Bonower sha11 promptly furnish to Lender a11 notices of amounts <br /> to be paid under this Section. Borrower sha11 pay Lender the Funds for Escrow Iterns unless Lender <br /> waives Borrower's obligation to pay the Funds for any or a11 Escrow Items.Lender may waive Borrower's <br /> HCFG-00359 <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 30281/01 <br /> VMPO 07/14 <br /> WoRers Kluwer Financial Services 201502024.1.0.2815-J20140729Y Page 4 of 17 <br /> * 584915219" <br /> � <br />
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