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201502875
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Last modified
7/21/2017 2:17:06 AM
Creation date
5/6/2015 9:47:05 AM
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DEEDS
Inst Number
201502875
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��15��575 <br /> B�RR��VER C�]VENANTS that Borrower�s lawfuli� se�sed�f�he estate hereby can�eyed and has�h� right�o <br /> gran�azad cflnvey the Proper�y and tha�the Property is unencumbered, ��cept far encumbrances of record. <br /> Borrower warra.nts and will defend genera�iy�he titl�to the Prflperty against a1� c�aims and demands, subject to <br /> an�r encumbrances of record. <br /> THIS SE�UR�TY �NSTRUN��NT c�mb�nes unzfarm covenants f�r na�i�nal use ar�d non-unifarm cn��nants �ith <br /> limited�aria�ions by jurisd�ction ta const�tute a un�forn�s�cur��y instrumen��av�r�ng r�at proper�y. <br /> � - _ <br /> Unifarm Cvvenants. B�rrow�r and Lender covenan� and agree as fo��ows: <br /> '�. Payment of Principa[, �nterest, Escrvw Items, Prepayment Charges, and Late �harges. Borrawer <br /> shal� pay when du�the principa� of, and in�eres�on, the debt evidenced by the Note and any prepayment <br /> charg�s and �a�e charg�s due under th� Note. Borr�wer sha�� a�so pay fund� f�r Escraw Items pursuant�o <br /> Sec�ion 3. Pa�ments due under the No�e and th�s Security �ns�rument shall�e made in U.S. �urrency. <br /> Ha�vever, if any check or o�her instrument receiv�d by L�nder as paymen�under�he Note Qr this Secur�ty <br /> �ns�rum�n�is re�urned to L�nder unpaid, Lender may require that any or a�� subsequent paym�nts due under <br /> �he N��e and th�s Security �n�trument be mad�in ane or more of the fallowing forms, as ��ie�ted by Lender: <br /> �a}cash; �b} money order; �c}�er��f�ed check, bank check, treasur�r's check�r cashier's�h��k, provid�d any <br /> such check is drawn up�n an inst�tut�on whase deposits are insur�d by a f�d�ra� age�nc�, instrumentali�y, or <br /> entity; or�d} E�ectronic Funds Transfer. <br /> Payments are deemed r�ceiv�d by Lender when recei�e�at the�acation d�szgna�ed�n the Nate or a�su�h <br /> Q�her Iacatxon a�may be des�gna��d by L�nd�r in acc�r�anc�wi�h the notice pro�isions in Secti�n 15. <br /> Lender may return any payment ar par�ia�payment �f�he pa�rmen�or part�al payments are insuff����nt to <br /> br�ng�he Loan current. Lender may accept any paymen�ar par��a�pa�ment insuffic��n��o bring th�L�an <br /> current, wi�hout wa��er af any rights hereund�r ar pr�judice to i�s rights �a refuse such payn�ent or partia� <br /> pa�ments �n the future, but Lender is not ob�iga�ed to apply such payments at the tim�such paymen�s are <br /> accepted, �f�ach Peri�dic Paymen� is applied as of its sch�du�ed due date, then Lender need not pay interest <br /> on unapplzed funds. Lender may h�ld such unappl��d funds un�il Borrower makes payments to bring the <br /> Loan current. �f Borrower does not d� sa v�i�hin a reasonab�e period of time, Lender sha11��ther app�y �uch <br /> funds ar r�turn them to Borraw�r. �f no�applied ear��er, such funds wi�� be app�ied�o the outstanding <br /> principal balance under�he Note�mm.edia���y pr�or to for�c�osure. No offset or c�aim wh�ch Borrawer rr��ght <br /> have n�u� ar in�he fu�ure against L�nder sha�� r��ie�e B�rrawer from mak�ng payments due under the No�e <br /> and th��Secur�ty �nstrument or performing the cavenant� and agre�men�s secured�y this Security <br /> �nstrument. <br /> �. Application vf Payments or Proceeds. Except as�therwise described in�his Sectian 2, a�l payments <br /> accepted and appli�d by Lender sha��be app��ed �n th�fa���wing order af priority: �a} interes�due und�r the <br /> lrt�t�; �b�principal�ue under�he Na�e; �c} arnounts due under Sect�on 3. Such pa�ments sha�� b�appized to <br /> �ach Periodic Payment�n�he�rder in wh�ch i�became due. Any r�main�ng amounts sha�� be appl�ed �rst to <br /> a e c arge�, se�on �o an� o �r amoun s ue un �r is ecuri y ns rumen , an en a re uce e <br /> princ�pa�balance�f th�No�e. <br /> If Lender recei�es a paym.ent from�arrower fnr a de��nquent Periodic Payment which �ncludes a sufficien� <br /> amount t�pay an� Iate charge due, the payment may be app��ed to�he de�inquen�payment and the �a�e <br /> charge. If rn�re than one Periodic Paymen� is out�tanding, Lender may app�y any payment recei�ed from <br /> Barrawer ta �he repayment�f the Periadic Paymen�s if, and to the�xten��hat, each payment can�e paid �n <br /> fu.11. To�he ex�ent that any ex�ess�xxsts af�er th�paym�nt is applied tn th�full paym�nt af nne or mare <br /> Periodie Paymen�s, such excess ma�r be app�ied�a any �at�charg�s du�. Voluntary pr�paym�nts shall be <br /> appl��d first to an�prepaymen�charge� and then as described �n the Note. <br /> N�BRASKA-Singie Famify-�annie MaelFret�die Mac UN6F�RM lNSTRUMENT �arm 3Q28 lIQ"i <br /> VMP Q VMP�tNE�{1302} <br /> WD��2►S KILJW��Fifl�€7CE�I S�fVIC�S Page 4 af i 7 <br />
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