201500983 - Laserfiche WebLink

Browse

��15��953 B�RRC]�ER CC�VENANTS that Borrower is lawfully s�is�d�f the estate hereby canveyed and has the righ�to gran�and con�ey the Proper�y and tha�the Proper�y is un�ncumbered, except for encumbran�es af record. Borrower warrants and v�vi�� defend ge�.erally the ti�ie ta �he Property against aII ciaims and demands, sub�ect�� any encumbrances af re�ord. T�ZS SE�URITY�NSTRtJMENT combines un�form ca�enan�s for nat�ona�use and n�n-un�f�rm co�ena.��w��h ��nzited variations b�jurisdic�ian�a constitute a un�f�rnz se�ur�ty �nstrurn�n�covering real pr�per��. Unifarm �oWenants. Borrower and Len�er co�enant and agree as foi�ows. '1. Payment af P�incipa�, Interest, �scrow It�ms, Prepayment Cha�ges, and Late Charges. Borrow�r sha��pay when due�he prznc�pal of, and�nterest on, the de�t ev�denCed by the Nflte and ar�.y prepaymen� charges and Ia�e charges due under�he�o�e. Barrawer sha�� a�so pay funds for Escr�w ��em.s pursuant tfl Sec�ian 3. Payme��s due under the Note and this Security Instrument shall be made in U.S, currency. Howe��r, �f a�ny check nr other ins�rument r�c�i�ed b� Ltnder as payment under the N�te or th�s Se�ur�ty �ns�rument��re�urned t� Lender unpa��., Lend�r may requxre that any or a�� subsequen�paymen�s�ue under the Note and this Se�urity Ins�rument be made�n one ar more af th�fol��wing f�rms, as selected by Lender: �a} cash; �b} money order; �e}cer�ified che�k, bank check, treasurer's check or cashier's check, pravid�d any such check is drawn upon an ins�itutian whose deposits are insured by a federa� agency, in�trumen�al�ty, ar entity; ar�d} Electronic Funds Transfer. Payrr�en�s are deemed re�eived by Lend�r when rece��ed at th��ocat��n des�gna�ed �n the Note or a�such ather�ocat�an as may be designa�ed by Lender�n accordance v�i�h�he notice provisions �n Section 15. Lender may return any pa�m�n�or par�ial pa�men�if�he pa�rmen�or par�ial paymen�s are insufficient�� bring�he Loan curr�nt. Lender may accept ar�y paymen�ar par�ial payment insuf�c��nt to bring the Loan curren�, w�thout wa�ver af any righ�s hereunder ar prejudice to its rights ta refuse such payment or par��a.l payments zn the fixture, bu� Lender is not obliga�ed to app�y such paymen�s a�the tzme such payments are acc�p�ed. �f each Periodic Paym.en� �s app��ed as of��s scheduled due dat�, then Lender ne�d not pay interest on unappl�ed funds. L�nder may hold such unapp��ed funds un�i� Borro�er makes paymen�s��bring�he Loan curr�nt. If Borr�wer d�e�n��do so within a reasonable period af tim�, Lender�hal� ei�her apply suCh funds or r��urn th�m�a Barrovver. If no�appiied ear�ier, such funds wil�be applied t� the au�standing przncipa�balance und�r�he N�te�mmed�at�ly prior to f�rec�osure. N��ffset or cZa�m whxch B�rrav�rer rn�ght ha�e naw ar�n the future again�t L�nder sha�� re��eve Borraw�r frarn mal��ng paynzen�s�.ue under the Note and this Securi�y In�trument or perfor�ming the co�enant�and agreemen�s secured by thi�Security Instrument. �. Application �f Payments vr Rrviceeds. E�cept as a�herwise described in this ��tian 2, all paym�nts accepted and app��d by Lender�ha��be app�ied in�he f��taw�ng order af pr�ar�ty: �a} xn�eres�due under the Note; �b) prin��pa� due under�h�No�e; ��} arnounts due under�ectzon 3. Such payments sha�x be app�ied to each Periodic Paymen� in�he order in which it becam�due. Any remaining amaunts shal�be applied f�rst to late charges, second ta any other amaunts due und�r�his Securi�y Ins�rument, and�hen ta reduce the principal balance of the N�te. �f Lender re�e�v�s a pa�rment from,Borraw�r for a de�in�uent Per�ad�c Payment wh��h �nc�udes a suff��ient amount to pa�an�r late�harge due, �he paymen�ma�r b�app�i�d�o the delinquent payment and the late �harge. If more than ane Periodie Payment is outs�anding, Lender may app�y any paymen�received fr�m Borrower�o�he repayment af the Periadic Paymen�� if, and ta the extent that, each payment can be pa�d�n fu��. To the extent tha� any�x�ess exists after the paymen� �s appiied to�he fu11 pa�men�of one�r more Per�od�c Payments, such exc�ss may be applied�n any late charges due. Vo�untary prepayment� sha��be app�ied�rs��o any prepaymen��harges and then as des�ribed xn the N��e. N�BRASKA-Single Family-Fanni�MaelFrecidie Mac UNIF�RM INSTRUM�NT �Q�m�o�a��o� VMP� VMPfitN��13�Z1 Wvlters Ktuwer�inancial Ser�ices Pa�e 4 of�7