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201501951
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Last modified
7/21/2017 1:46:09 AM
Creation date
3/31/2015 12:34:53 PM
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201501951
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��15�1951 <br /> �nterest frorn �he date af disbursemen� a� �he same rate assessed on advances under the �on�rac� and sha�� be <br /> payable,wi�h zn�erest,upori�.�tz�e from Lender ta Bo�rower reques�ing payment. <br /> Inspection. Lender nr i�s agent may make reasonable en�ries up�n ax�d xnspectzons �f�he Property. Lender shail <br /> gxve Barrower notice at�h�t�me of or prior t�an znspec�ian specifying reasonable cause for�he inspec�ian. <br /> C�ndemnat�on.The proceeds of any aWard or c�aim for damages, dir�ct or cons�quen�ia�, in connection with any <br /> c�ndemn��ion �r other taking af any par� of the Property, or for conveyance in lieu of canden�na�iariy are hereby <br /> assxgned and sha��b�paxd�o Lender. <br /> In the even� af a total taking af the Praper�y, �he proceeds shall be applied �o �he sums secured�y th�s Secur�ty <br /> Instrumen�, whether or not �hen due, with any excess paid t� B�rraw�r. Tn �he event of a partial taking af the <br /> Pr�p�rty in which the fair market value of the Pro�erty immediat��y before the tak�ng is equa� ta or greater than <br /> �he amaunt of the �ums secured by this Securi�y Instrument imn-�ediarely befare �he tak�n�, un�ess Borrawer and <br /> Lender o�herwise agree�za wri�ing,the sums secured by th�s Secur�ty Instrument sha��be reduced b��he amount of <br /> the proceeds mu�tiplied by�he fol�owir�g fract�on: �a}the t��al am�unt of the sums secured immediately before the <br /> �aking, di�vided by �b} �he fa�r market value of�he Proper�y immedia�ely before �he �aking. Any bal�r�ce shall be <br /> pa�d to B�rrower. In the eve�t of a partial takzng af�he Prop�rty in �vhich the fair marke��a1ue of the Property <br /> xmmedza�e�y befar� �he �akzng xs �ess �han �he amount of the sums secured xmmedxate�y bef�re t�e takxng, un�ess <br /> Borrower and Lender oth�rw�se agre� in writing or ur�less App�i�able Law o�herwise prov�des, �he praceeds shall <br /> be applied ta�he sums se�ured�y�his Securi�y Instrument v�hether or no��he sums are��en due. <br /> If the Prapezfiy is abandoned by Borrower, or 3f, after no�i�e by Lender ta Borrower tha��he c�ndemnor offers to <br /> make a�award ar se�tle a claim fa�damages,Borrawer fails�n respond�o Lender within�he mzr�imum nunnher of <br /> days estab�ished by App�xcab�e Law after�he date�he notice is given,Lender�s authorized�a collec�and apply the <br /> proceeds, at its ap�ion, ei�her �o res�orati�r� ar repa�r af the Property �r to the su�ns se�ured by this Security <br /> Yns�rument,vvhe�he�ar na��hen due. <br /> Un�ess Lender and Borrotiver�therwise agree in writ�ng, ar�y applicatian of praGeeds ta principa� sha�l nat extend <br /> or postpon��he due date of�he paym�n�s due under�he Con�rac�or change the amount af such�aayments. <br /> Borrower N�t Re�eased; Forbe�.rance By Lender N�t a �'axver. Extensi�n of the �ime f�r payment �r <br /> modifica�i�n of amort�zatian of the surns secu.red by th�� �ecur�ty Instrume�xt gra�.ted by L��.der �o Barr�wer ar <br /> any successar �n �n�erest of Borrower sha�� na� op�rate to release �he l�ability of �he �rigir�al Borrower ar <br /> B�rrower's successors �n�nteres�. L�x�der shall nat be required�o �ommenc�proceedings agains�any successor in <br /> interest or refuse�o extend time f�r payment�r atherwise modxfy am.or�xza�zon of�he sums secured by th�s Secur�ty <br /> Instrument by reason �f any demand made b� �he oragina� Borrower or Borr�wer's successors xn �n��res�. Any <br /> farbearan�e hy Lender in exercising any r�ght or rem.�d�shall �.a�be a waiver af or prec�ude the exercise af any <br /> right ar remedy. <br /> Successors and Assigns Bound; Jo�.nt �nd Severa� L�ab�Zity; Accaxnmodati�n S�gners. The covenan�s and <br /> agreem�n�s of this Securi�y Ix�strument sha��bind and benefi�the successars and assigns of Lender and Barrc�wer, <br /> subj ec� �o �he provisions of secti�n txt�ed TranSfer of the Property ar a Beneficial Interes� in Borrower. <br /> B�rr�wer's co�enan�s and agreeme��s shall be jo�nt and s�vera�.,An.y pers�n v�rho�o--signs�his Security Ins�rumen� <br /> but has n.o perso�a� �zabz��ty under the �on�ract �"Acc�mmodatian S�gner"}: �a} �s co-szgnin� th�s 5ecurity <br /> Ins�rument on�y �o xnortgage, gran� and convey �ha� Accommada�zon Signer's inter�s� in �he Property under �he <br /> terms of the Securz�y �nstrumen�; �b} is not persona�ly obZzgated �o pay �he sums se�ured by this Securi�y <br /> �ns�rumen�; and�c} agree�that Lender and any o�her Borra�ver may agree�o ex�end,modzfy, farb�ar or make any <br /> a�comm�dations with regard�o the�erms of th�s Security Instrument or the ��ntrac�W�thou�t�hat Accommoda�ion <br /> Signer's cnnse��. <br /> L�an Charges. If�he �oar� secured by �h�s Securi�y Ins�rumen� is subject to a 1aw vvh�ch �e�s maxxmum laan <br /> charges, and that law�s f na��y in�erpre�ed sa tha�the interest or�ther�oan charges collec��d or�o be�o1lec�ed�n <br /> connection wi�h the lnan exceed the permi�ted �imits, �hen: �a} any such �oan charge shail �e reduced by �he <br /> amoun�necessary�o reduce the charge �o the perm���ed limi�s and�b} any sums a�ready ca��ec�ed from Borrower <br /> which ex�eeded permitted l��ni�s wi1� be refunded ta Borrativer. Lender m.ay choose �a make this refund by <br /> reduczng the prxncipal owed under the Con�rac� �r by making a direct paymen��o Barrow�r. If a refund redu�es <br /> principa�,the redu���on wi�l be trea�ed as a par�za�prepayment under the��ntrac�. <br /> Nat�ces. .An� notice �a Borrower provided for in th�s Security Instrumen� sha11 be g��en by de�zvering it or by <br /> mailing it by frst class maxl un��ss App��cable Law requzres use�f ano�her method. The na�ice shall be direc�ed ta <br /> �he Property Addre�s ar any ��her address Borrawer designaxes by n�tice ta Lender. Borrflwer agrees to pr��zde <br /> Lender with Borrower's m.os� curren�mail�ng address, as it may chang� fr�m t�mew�a-time. Any r�oti�e to Lender <br /> shal�be gzven by f rst c�ass mail ta Lender`s address stated herein or any�ther address Lender c�esigna�es by notice <br /> to Barrower. Any n�tzce pr��ided for in th�s Securzty Instrument shall be deem.ed�o have be�n given��Borrower <br /> or Lender wh�n g�ven as provided in thxs paragraph. <br /> ���erning Law; SeverabiX�ty.This Secur��y Instrument sha��be governed by federal 1aw and�he laws of the sta�e <br /> of Nebraska. In the event �ha� any provisi�n or c�ause af�his S�curzty Instrumenti or the C��tra�t conflzc�s wi�h <br /> App�icab�e Lav�, such conf�ict sha�� no� affect o�her pro�xsions of�his Securi�y Instrumen� ar�he Contract�uhxch <br /> can be given effec�wi�hout th�c�n�li��zng provision: T��hzs end�he provisians�f�hzs Securz�y�nstrument and the <br /> �ontrac�are declared�o be�everab�e, <br /> Borrawer's Copy.Borrower sha���ae given flne c�py of�his Security Instrument. <br /> Q 2�d4-2�Z 4 Campliance Systems,InG.4gS 8-FC�Q-20 i 3L2.3.I.��3 <br /> Consurner Rea�Estat�-Security Instrument DL2Q36 Page 3❑F5 www.�ompiiancesystems.com <br />
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