201502682 - Laserfiche WebLink

Browse

��15��5� � � � � � � � � � B�RR��VER CC�VENANT�tha�Borrav�rer is�awfu�iy se�sed of the esta�e hereb�canve�ed and has th�righ�to grant and convey the Pr�per��and�ha��he Proper��r is unencumber�d, except for encumbrances of recard. Borr�wer�varrants and wili d��end generaliy�he t��le to�he P�o�er�� against all ��ainzs and demands, su��ec�t� any encumbrances of rec�rd. T��S SECCIR�TY�NSTR.UMEN�'combines unzfarm ca�renan�s ��r na��ona�use and non-unifa�m covenants w�th l�m�ted Wariati�ns b�jurisdiction�o cons�itu�e a uniform security �nstrum.en�cover�ng rea�proper�y. Uniform Cn�enants. Borrow�r and L�nder cavenant and agree as f�ilows: 1. Payment �f Principa�, Interest, Escrow �tems, Prepayment Charges, and Late Charges. Borrower sha��pa�when due the pr�ncipa� of, and �n�erest on, the deb�evidenced b��he �o�e and any. prepay�ment charg�� and�a�e charges dut und�r�he N��e. Borr�wer sha�� a�so pay fun�s for Escrow I��ms pursuant�o Section 3. Pa�men�s du�under th� No�e a.nd�hi� Se�uri�y Instrument�hall be mad�in U.S. curr�ncy. �o�vever, �f a�.y check�r�ther�ns�rum.en�rec�zved�y Lender as paymen�under the Nate or�hzs ��cur�t� �ns�rum.ent is returned ta Lender unpaid, Lender�nay re�u�re tha�an�or a�� subsequent pa�ments due under the Note and this Security Instrument be made in one or mar�of the following f�rms, as �elected by Lender: �a}cash; �b}money order; tc3 c�r�ified check, bank check, treasurer's check ar cashier's check, provided any such check is drawn up�n an ins�itut��n whose depnsits are insured by a federal agency, instrumen�a�i��, or en��t�r; or�d�E�ectron�c �unds Transfer. Payments are deemed recei�ed by L�nder v�hen received at the�acation deszgnated�n the No�e or a�such o�her location as may be designated by Lender in ac�ardance with the no�ice pravisions in Section �S. Lender ma�re�urn an�payment or par�ial paymen�if th�paymen�or par�ia�payments are insufficient t� bring the Loan current. Lender may accept any payment�r partial payment�nsuf�c�ent to�r�ng the Loan curren�, w�thou�wa�ver of any r�gh�s hereunder or pre�ud�ce to zts ri�h�s tn refuse such paym�en�or par�ia� payments in the future, but Lend�r is not ob�iga�ed ta app�y such payn��nts at the��me such paymen�s are acc�pt�d. If�ach Peri�dic Paymer��s app�i�� a��f its schedui�d due date, then Lender nee�not pay int��es� �n unap��ied funds. Lender ma�r ho�d such unappiied funds untii Borrnw��mak�s payments �o brxng the L�an current. �f B�rra�ver does not do so w��h�n a reasonab�e periad of tzme, Lend�r sha�� ither app�y�uch funds or re�urn�hexn��Barrower. If no�app��ed ear�ier, �uch funds w��be app��d to th�outstanding principal ba�ance under the Note immedia�el�priar ta fareclasure. No affset or c�a�m whi�h Borrower might ha�e naw or in the fi�ture aga�nst Lender shall r�lieve Borrower from mal�ing payments du�under�he Note and this 5ecurity �nstrumen�or performing the coWenants and agr�em�nts secured b�this Secur�ty �nstrument. �. Appl��ation of Payments �r Prvc�eds. E��ept as atherwise describ�d �n this Sec�i�n 2, all payments accep�ed and app�ied by Lender�ha11 be appiied�n the foilowing order of priori�y: �a} �nteres�due under the Note; �b}principa� due under the Note; �c} amount� due und�r S�ction 3. Such payments sha1�be applied�o each Peri�d�c Paymen��n�he order�n which it be�ame due. Any remaining amounts sha��be app��ed��st to late char�es, second t� any other a�maunts due under�h�s Securi�y�nstrument, and�hen ta re�uce th� principa�ba�ance af th�N�te. I��.en�er reEeiv4s a pa�men�fram Borrnwer for a delinqu�nt�'er�odic Pa��r�te�t tivh�ch i��ludes a suft�c��nt amount t�pay any�a�e charge due, �he payment may be app�ied to the delinquent payment and the�ate charge. �f mare than one P�riodic Paymezat�s outstax�ding, Lender may app�y any payrnent re��ived from Borrower�o the repayment�f�he Peri�dic Pa�men�s if, and to the extent tha�, each payment can be paid in full. T��he extent that ar�y excess ex�s�s af�er th�pa�ment i� applied t� the full paym�nt af one�r mare Peri�dic Paymen�s, �uch excess�na�r b�applzed to any�ate charges due. Valuntary prepayzr�ents shal�be applied�rs�ta any prepayment charges and then as descr�bed �n th� N��e. N�BRASKA-Single Family-Fannie MaelFreddie Mac UNiFORM tNS�'RUMENT Form 3028 1101 VMP QR VMP5�N�1[13a2J Wvlters Kluwer FinaneiaE Ser�ices Page 4 af 17 ;