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201504541
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Last modified
7/21/2017 2:55:08 AM
Creation date
7/7/2015 10:56:35 AM
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DEEDS
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201504541
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��15�4541 <br /> BC]RR�'�VER��VENANTS tha�Borrawer is lawfully se�sed of the e�tate hereby Lonve�e�and has�he right t� <br /> g�-ant and�onvey�he Propert�r and that the Property is un�n�umbered, e�cept for�ncumbrances af record. <br /> Borrawer�rarrants and w�ll d�fend ge�erally the title to�he Proper�y against al1�laims and demands, �ub�e�t to <br /> any en�umbrances af record. <br /> THIS SECUR�TY�NST��MENT comb�nes un�form cov�nants for natzonal us�and non-uniform covenan�s with <br /> limited var�atzons by jurisdietian ta const�tute a un�f�rm seCur�ty zns�rum�n�cavering rea�prflper�y. <br /> Unif�rm Cavenants. Borr�wer and Lender covenan�and agree as fo��ows: <br /> 'I. Payment nf Principa�. Interest, Escraw fterns, Pr�paym�nt �harges, and Late Charges. Borro��r <br /> sha11 pa�when due th�pr�ncipal of, a.r�d in�erest�n, �he d�b�evidenced by the Note and any prepaym�ent <br /> charges and�ate charges due under the N�t�. Borrower sha�l also pa�funds for Escrow I�ems pursuant to <br /> S�c�ion 3. Payments due under the Na�e and�his Securit�Instrumen�sha�l be rnade in U.S. currency. <br /> Howev�r, �f ax�y che�k or othex�ns�rumen�rece�ved by Lender as payrnent under�he l�ote or th�s S�cur�ty <br /> �nstrument is returned to Lender unpa�d, Lender ma�r�equ�re tha�any or all subsequent payments due under <br /> the N�te and th�s Securit�In�trumenf b�made in�n�or mare af�he fo����zng forms, as select�d by Lend�r; <br /> �a}cash; (b�m�ney ord�r; �c}cer�ified ch�ck, bank check, treasurer's check or cash�er's che�k, pravided any <br /> such check is drav�n upon an ir�st�tuti�n wh�se d�posits are insur�d by a federal agenc�, instrumentaiity, or <br /> ent�ty; ar�d}Electronic Funds Transfer. <br /> Paym.en�� are deemed rece�v�d by L�nd�r when rec�ived at�he l�cat�on d�signa�ed in�he Nat�or at such <br /> other loca�ion as ma�be d�s�gnated by Lend�r�n a�Gordance v�ith th�not��e provis�ons in Se���an 1.S. <br /> Lender ma�return.any pa�rment or partia�paymen��f the payment ar par��a�paym�n�s ar��nsufficient to <br /> br�ng�he Laan current. Lender may acc�p�any payrnent ar part�a�paynlen�insuf�c�ent ta�ring the Loan <br /> current, withau��vai�er flf any rights hereunder or prejudi�e to its rights�o refu�e su�h payment or par�ial <br /> payrnen�s xn the future, bu�Lender�s nQ�o��zgat�d�o apply suGh payments at�h�tim.e such payments are <br /> a���pted. �f each Periodic Pa�ment is applied as of�ts s�hedu��d due da�e, then L�nder need no�pay interest <br /> an unapplied funds. Lender may hald such unapplied funds unti� Borrawer makes payment��o bring the <br /> L�an�urrent. If Barrawer does not do so with�n a reasonabie periad of time, Lend�r shall either appiy such <br /> funds or return them�a Barro�er. �f na�app��ed earlier, such funds wil�be applied�a the auts�anding <br /> principal balance under th�No���mmed�ate��pr�or��fareclosure. No�ffset or cla�m�vhich Borrawer rnigh� <br /> ha�e naw or in�he futur�aga�r�s�Lender�hall reli�ve Barrower from rnak�ng payments due under��.e Note <br /> and this�ecuri�y �ns�rurnent or performing the co�enants a.�d agreemen�s s��ur�d by this Se�urxty <br /> Instrument. <br /> �. Applieatian of Payrnents ar Pr�eeeds. Except as atherwise describ�d in this Sect�on 2, ali pa�rmen�s <br /> accep�ed and app��ed by Lender shall be appli�d�n t�ae fo���wzng order flf pr�or�ty: (a� znterest due under�he <br /> Note; �b}principa�due under the Note; ���amount5 due under Sectian 3, Such paymen�s�hall be appi��d t� <br /> �ach P�rio�ic Payment in the�r�.�r�n whi�h��b�carne due. Any r�maining amounts�hall be appli�d firs��o <br /> late Charg�s, sec�nd to an�r other am�unts due under th�s Security Instrum�nt, and�hen to reduc�the <br /> pr�nczpa�ba�.ance of the N��e, <br /> Zf L�nder rec��ves a payment from Barr�w�r for a de�inquen�Per�od�c Pa�rment�rhich�n�lud�s a suff�cx�nt <br /> arnount to pay an��a�e�harg�due, the payment may be app�zed ta th�del�nquent payment a.�d the�ate <br /> charge. �f rnore than�ne Periadic Payment is�utstanding, Lender rna�apply any payment re�eived from <br /> Borrow�r ta the repaym�nt�f�h�Peri�dic Pa�r�nen�s if, and ta the ex�ent tha�, each paym�nt can be pazd in <br /> ful�, To�he exten�that�n���cess exists aft�r the paymen��s applied to the full payrnent of ane�r m�re <br /> Periadic Paymen��, su�h exc�ss may be app�ied to any late charges due. Va�untary prepaymen�s s�.all be <br /> applied�rst to any prepayxnent charges and then as des�rib�d in�h�Note. <br /> N�BRASKA-Single Family-�annie Mael�reddie Mac L1NIF�RM INSTRUM�iVT Form 3�28�107 <br /> VMP� 1fM�6{NE�{13D2y <br /> Walt�rs Kfuwer�in�ncial Servi�es Page 4 of�7 <br />
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