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201504233
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Last modified
7/21/2017 2:49:02 AM
Creation date
6/24/2015 12:10:13 PM
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DEEDS
Inst Number
201504233
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201504233 <br /> Security Inst�ument,whether or not then due. "Opposing Party"means the third party that owes Bonower <br /> Miscellaneo,us Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous <br /> Proceeds. <br /> Borrower sh;all be in default if any action or proceeding,whether civit or criminal, is begun that,in Lender's <br /> judgment,could result in forfeiture of the Property or other material impairment of Lender's interest in the <br /> Property or iights under this Security Instrument. Borrower can cure such a default and, if acceleration has <br /> occurred,reinstate as provided in Section 19,by causing the action or proceeding to be dismissed with a <br /> ruling that, i:a Lender's judgment,precludes forfeiture of the Property or other material impairment of <br /> Lender's inteirest in the Property or rights under this Security Instrument. The proceeds of any award or <br /> claim for da�nages that are attributable to the impairment of Lender's interest in the Property are hereby <br /> assigned and shall be paid to Lender. <br /> All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in <br /> the order prc�vided for in Section 2. <br /> 12. Borrower Nlot Released;ForbearanceBy LenderNot a Waiver.Extension of the time for payment or <br /> modification of amortization of the sums secured by this Security Instrument granted by Lender to Bonower <br /> or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any <br /> Successors i��Interest of Borrower. Lender shall not be required to commence proceedings against any <br /> Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amortization <br /> of the sums,iecured by this Security Instrument by reason of any demand made by the original Borrower or <br /> any Successcirs in Interest of Bonower.Any forbearance by Lender in exercising any right or remedy <br /> including,w�lthout limitation,Lender's acceptance of payments from third persons, entities or Successors in <br /> Interest of B�pnower or in amounts less than the amount then due, shall not be a waiver of or preclude the <br /> exercise of any right or remedy. <br /> 13. Joint and S�everal Liability;Co-signers;Successorsand AssignsBound.Borrower covenants and <br /> agrees that B�orrower's obligations and liability shall be joint and several. However,any Borrower who <br /> co-signs this Security Instrument but does aot execute the Note(a"co-signer"): (a)is co-signing this <br /> Security Insbrument only to mortgage,grant and convey the co-signer's interest in the Property under the <br /> terms of this Security Instrument;(b)is not personatly obligated to pay the sums secured by this Security <br /> Instrument;a�nd(c)agrees that Lender and any other Bonower can agree to extend,modify,forbear or make <br /> any accomm��dations with regard to the terms of this Sectuity Instrument or the Note without the co-signer's <br /> consent. <br /> Subject to th�e provisions of Section 18,any Successor in Interest of Bonower who assumes Borrower's <br /> obligations under this Security Instrument in writing,and is approved by Lender,shall obtain all of <br /> Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br /> Bonower's olbligations and liability under this Security Instrument unless Lender agrees to such release in <br /> writing.The covenants and agreements of this Security Instrument shall bind(except as provided in Section <br /> 20)and bene E'it the successors and assigns of Lendez. <br /> 14. Loan Chargles.Lender may charge Bonower fees for services performed in connection with Bonower's <br /> default, for tt�e purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrument, i�acluding,but not limited to,attorneys' fees,property inspection and valuation fees. In regard to <br /> any other fees,the absence of express authority in this Security Instrument to charge a specific fee to <br /> Bonower shaill not be construed as a prohibition on the charging of such fee. Lender may not charge fees <br /> that are expre�ssly prohibited by this Security Instrument or by Applicable Law. <br /> NEBRASKASingle Family-F annie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1/01 <br /> VMP� VMP6A(NE)(1302).00 <br /> WoNers Kluwer Financial Services Page 11 of 17 <br /> II���'I"III I II IIIII'll'I II IIII II'I II III'II�I I III <br /> q03342080814 0233 298 1117 <br />
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