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201505001
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Last modified
7/21/2017 3:11:05 AM
Creation date
7/23/2015 2:04:41 PM
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DEEDS
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201505001
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��15�5DU1 <br /> lnstrumenf un�ess Borrov�rer: �a}agrees in w�iting to fihe payment af�he abl�gation secured by <br /> �he lien �n a rnanner a�cep�a��e �a Lender; �b} can�ests in good faith the lien by, or de�ends <br /> agains#enforcement of�he li�n �n, lega[ proceedings which in�he L�nder's opinion opera�e�o <br /> pre�ent the enfarcement af the lien or farfeitur� ��any pa�t af the Pr�perty; �� �c} se�ur�s <br /> fram the ho�der of the lien an agreement �atisfac#ary to Lender su�ordinating the lien �o ai! <br /> amounts secured by this Security lns�rurnen�. If Lender det�rmines that any part af the <br /> Proper�y is subjec� �o a �ien which may attain priori�y over �his Securi�y lnsfirumen�, �ende�- <br /> may giv� Bar�-ower a no�ice identifying �he IEen. 6orrovuer shall satisfy the �ien or take one o� <br /> more of�he ac�ions set forth above within ten �'I�}days of the gi�ing of no�ice. <br /> .�[5. Relatianship to First Secur�ty Ins�rument. <br /> �a} Secand Security lns#rument, ln order ta secure paymenfs which the�ecretary may make to <br /> or❑n beha��of Borrower pursuant to Sec�ion�55�i}�1}�A} af�he Nationai Hous�ng Ac�and�h� <br /> Loan Agreemen�, �he 5ecretary has required Barrower �a execute a Second hlate and this <br /> Second S�Gurity Instrum�nt. Barrawer also has execu�ed a First Nat� and First 5ecuri'ty <br /> lnstr�ment. <br /> �h} Re�ationship vf First and Second Security Ins�ruments. Paymen�s made by�he Secre�ary <br /> sha�f not be in�luded in�he debt under the First Na�e un��ss: <br /> �i} The First Security lnstrument is assigned t��he Sscre�ary; or <br /> �ii} Th� Secretary accepts reimbursem�n� by the hold�r �f�he Fir�� Not��ar all paym�nts <br /> made by�h�5ecretary. <br /> [��he circumstances descr�bed in (i}or��i}oGcur,�hen all paymen�s by the Secre�ary, �ncluding <br /> interes�on�he paymen�s bu�excluding late cha�-ges paid by the 5ecre'�ary,shall be in�luded�n <br /> the debt underthe First Note. <br /> �c} Effec�on B�rrower. Where�here is no assignment ar reimbursemsn� as described in �b}�i} <br /> ar�ii}and the Secr�tary makes payments to Borrower,then Borrower sha�! not: <br /> �i} Be required ta pay amoun�s awed under the Firsf Note, or pay any rents and revenues <br /> of the Property under Paragraph �4 ta the hv�der o�the First Note ar a �eceiver of the <br /> Property, until the�ecretary has requi�ed payment in fu��of afE outstanding principal and <br /> accrued in�erest under the 5econd Note;or <br /> ��i} Be obiigafed �o pay infersst or shared appreciafiian under �he First Note at any tirne, <br /> whefiher accrued hefare or after �he paymen�s by �he Secre�ary, and whether ar nvt <br /> accrued�n�erest has been included in the Principal Balan��under the First No�e. <br /> �d� No Duty of the Secre�ary. The Secretary has no duty �o �he halder af the First Note ta <br /> en�arce cavenants of the 5e�ond Se�uri�y lnstrumen�ar to take actians tv preserve the�alue <br /> a�f the P�vper�y, e�en �hough the hofder of the First No�e may be unable t� �vl�ec� amaunts <br /> owed under the Fi�s�No�e because of res�ric#�ons in�his Paragraph 'I 5. <br /> '!6. Restrict�ons vn Enforcernen#. IVotw��hstanding anything eise in �his Se�urifiy Ins ment �he <br /> 7754o � EN3o� N <br /> Accenfure Mor�gage Cadence 1Jocument�enter� �8 0�13� Nebraska 5ecor�d❑eed o�Trust-HECM ADJUSTASLE I�ATE <br /> 02�9 0���� <br />
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