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201501804
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7/21/2017 1:39:46 AM
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3/26/2015 2:49:58 PM
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201501804
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��15�15�4 <br /> B�RR�WER���'ENANTS that Barr�wer zs lawfully seised of the estate hereby�an�reyed.and has�he r��ht to <br /> gran�and cnn��y �he Pr�perty and�hat the Prap�rty is unencumbered, ex��p� fnr�ncumbranGes Qf record. <br /> Borraw�r warran�� and w�li defend generally the�itle�o the Praperty against al� c�a�ms and demands, sub�e�t to <br /> any encumbran�es af r���rd, <br /> T��S SE�UR.�TY �NSTRUMENT combines uniform cov�nants for na�iona� use and non-uniform covenan�s�azth <br /> �imi�ed�ariatians b�jurisd���ion�a constitu�e a un�farm secur�ty �ns�rumen�co��ring rea� praper�y. <br /> lln�form �o►�enants. Barrower and Lender co�enant and agree as fallavvs: <br /> '1. Payment �f Princ�pal. Interest, Escrow Items, Prepayment Charges, and �ate �harges. Borrower <br /> sha�� pay when due�he prznc�pal of, and �nteres��n, �he d�b����denced b� �h�Note and any pr�payment <br /> charges and late charges due under the Note. Borrower shall als�pay funds far Escrow �tems pur�uant to <br /> S�ction 3. Payments due under the Note and this Security Instrurnent shall be made in U.5. currency. <br /> �owe�er, �f any Check or oth�r instrument received b� L�nd�r as payment under the Note�r this SeCurity <br /> �ns�rument is returned�o Lender unpaid, Lender may requ�re that any�r a�� subsequen�payments due und�r <br /> the Note an��his 5ecur�ty �ns�rumen�be made�n one or m.ore�f the fa��awing farms, as selec�ed by Lender: <br /> �a}cash; �b} money order; (c} cert���ed check, bank check, tr�asurer's check ar cashier's�heck, pr�vid�d any <br /> such che�k�s drawn upon an �ns�i�ution who��depasits are insured by a federal agency, instrumental�ty, or <br /> �nt��y; �r�d} �lectr�n�c Funds Transfer. <br /> Paymen�s are d��m�d re��i�ed by Lender wh�n rece��ed a��he�ocat�on des�gnate� in the No�e ar at such <br /> other l��ation a�may be designa�ed by Lender in acc�rdance with the na�ic�provisions in 5ection �5, <br /> Lender may r�turn ar�y paymen�or partial paymen� if�he paymen�or partial payments are ir�suffici�nt �a <br /> br�ng the Loan current. Lender rnay a���pt any paymen�or partia� payment insuffzczent tn br�ng the L�an <br /> current, �i�hout wa�ver of any rzghts hereunder or prejud���ta�ts rzgh�s�o refuse�uch pa�n�.ent or partia� <br /> paymen�s in the future, but Lender�s nQt�bligated�o appl�such paymen�s at the time such payments are <br /> accepted. If each Periadic Payment is appl�ed as af its schedu�ed due da�e, then Lender n��d not pay interest <br /> �n unapplied fur�ds. Lender may hold such unap�lied funds until Borrawer makes payments ta bring th� <br /> Loan current. �f Borrower doe�not do sa wi�h�n a reasonable peri�d�f time, L�nder sha11 ezther app�� such <br /> funds or return them to Borrotiver. �f n�t appl�ed earlier, such funds wi�l be app��ed�o th��u�s�andxng <br /> principal balance under�he No�e �mmed�a�el�r pr�or�o forec�osure. No offs�t or c�aim which Borrflwer might <br /> ha�e nov��r in the fu�ure aga�nst Lender sha�l relie�e Borrower frorn making paymer�t�due under�he Note <br /> and th�s S�cur�ty Ins�rument�r performing�he�o�enants and agr�ements s��ured�� �h�s Securit� <br /> �nstrun�ent. <br /> �. App��cat�on af Payments or Pra�eeds. Except as o�herwxse described �n�h�s Se�tzon�, a��pa�rments <br /> accepted and app�ied�y L�nder shal��e appiied in the foll�vving Qrder of priori�y: �a} in�erest due under�h� <br /> N�te; �b}principa� due under th�Nate; �c} amaunts du�under 5ection 3. Such pa�ments shai� be appiied to <br /> �a�h Perzad�c Payment in th�order in whi�h �t becam�du�. Any r�maining amaun�s sha��be app�ied first�� <br /> �at�charges, s�cond ta any nther am�un�s du�under th�� Secur�ty Instrumen�, and�h�n�a reduce�he <br /> principal ba�ance of the N'ote. <br /> If Lend�r re�ei�es a payment from Borrawer far a d�linquen�Per��d�c Paymen�whi�h includes a sufficient <br /> amount�o pay any �at�charge due, �he pa�men�may be appii�d to �he d�l�nquen�payment and the�a�� <br /> charge. �f n�ore�han�ne P�r��d�c Pa�ment ��au�standing, Lend�r may app�y any pay�nen�r�ce�ved frorn <br /> Borrawer ta the repayment of�he Per�adic Payments if, and��th�ex�ent that, each payment can b�paid in <br /> full. To the extent that any excess exists after the payment is appli�d to the fui�payment af ane ar mor� <br /> Periodic Payments, such�xcess may be applied to any late charge�due. Vo�untary prepayments sha�l be <br /> applied�rs�to�ny pr�payment charges and then as d�scr�bed in the Nate. <br /> N�BRASKA-Single Farr�iIy-Fanni�Mael�reddie Mac UNIF�RM iNSTRUM�NT �orrr�3a28'�1�� <br /> VMP� VMPfi�NE1�i 3QZ} <br /> Wolters Kluwer�inancia�Ser�ic�s Page 4 af 17 <br />
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