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201505725
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Last modified
7/21/2017 3:34:37 AM
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8/21/2015 11:10:46 AM
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201505725
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��15�57� 5 <br /> '�2. Barrower �Vot Reteased; Forhearance By Lender Nat a '1�1�'a�ver. E��ension of�he�im�for paymen�or <br /> modifiea�ion of amor�iza�ion af the sums secur�d by this Secu�r�ty�nstrument granted by L�nder�o Borrow�r <br /> �r any Su��ess�r in �nter�st flf Borrower�ha�� not❑pera�e to release�he Iiability of Barrower�r any <br /> Successors�n�n�eres�af Barrowe�r. Lende�r shal�nat be required�o comrnence proceedings against any <br /> SuCcessor in�nterest�f Borrovsrer or to re�use�o ex�end t�me for payment or ath�rwise madify amor��zation <br /> of�he sums secur�d by�his Securi�y�nstrurnent by reason of any demand made by the original Btirrower or <br /> any Suc�ess��s in�nterest of Borrower. An�f�r�earanc�by Lender in exerci�ing an�right�r remedy <br /> �nc�uding, ��thout�im�ta�ion, Lender's accep�anc�of payrnen�s from th�rd per�ons, entit�es or Successars�n <br /> �n�erest af Bvrr�wer�r in amounts�ess than th�amaunt�hen due, shall no�be a vvaiver of or pre�lude the <br /> exer��se af an�right�r rernedy. <br /> '�3. J�int and Several Liability� C�-signers: Succes�c�rs and Ass�gns Bound. Borrower covenants a�.d <br /> agr�es that Barrawer's tibliga�ians and l�a�ilit�sha��be join�and several. �owever, any Barrower v�rho <br /> co-signs th�s Security �ns�rum�nt but does no�exe�u�e�he Note�a "c�-�si�ner"}: (a} �s co-sign�ng�h�s <br /> Security �nstrument an�y�o mortga�e, grant and��nWey�he co-s�g��er's in�erest�n the Property under the <br /> terms of this Secur�ty In��rument; ��}is not pez�sona��y obligat�d�o pay�he sums secured by th�s Secur�ty <br /> �nstrument; and�c}agrees that Lender and any nther Borrower can agree�a extend, mfldify, forbear�r make <br /> any accommodations with regard to�he terms�f�his Securi�y Instrurnen��r the Note�n�ithout the co-signer's <br /> c�nsen�. <br /> SubjeGt to th�prov�sions of Se�tion I8, an�Successor in �nterest of Borrower wha assumes Borro�er's <br /> abliga��ans under fhis Se�uri��Ins�rument in v�ritin�, and is appro�ed b� Lender, sha��abta�n a��of <br /> B�rroWer's righ�s and benef��s under th�s 5ecurity �nstrument. Borrov�rer sha��not be re�eased from� <br /> Borr�wer's obliga�ians a�d i�a��lity under this Se�uri���nstrum�nt unles�I.�nder agrees t�such release in <br /> wri�ing. The cavenan�s and agreements af thi� Security�ns�rument shal�bind�ex�ep�as pravided�n S�ction <br /> 2D} and ben�fi��he successors and assigns of I.ender. <br /> '14. Lt�an Charg�s. L,�nder may�harge Bar�avve�r f��s far ser�ices perfarmed in connec�ian u►i�h Borraw�r's <br /> defaul�, for�he purpose of pr�tecting�nder's in�erest in t�e Prap�rty and rights under this Securi�y <br /> Instrument, �ncluding, but no�lim���d to, attorneys' fees, prapert�r�nspecti�n and va�uat�on fees. �n regard to <br /> an�o�her fecs, �he absen�e of exp�ress au�har��� �n thxs Security�nstrument to�harge a specz�c fee t� <br /> Borrower sha�l nat be construed as a proh�bition on the charging af�u�h fee. Lend�r may n�t�harge fe�s <br /> tha�ar�expr�ss�y proh�bited by th�s SeGur����nstrumen�or�y Applicab�e Law. <br /> �f�he I..�an is sub��c�ta a law whzch sets nzaximum�oan charges, and that Xavw�s f�nally�nterpreted so that <br /> th�inter�st or a�her Ioan charges Go��e�ted or to be col�ected in connec�ion with�he Laan exc�ed�he <br /> p�rnut��d l�mits, then: �a}any such�aan charge sha��be reduced by the am�unt necessar�t�r�duce the <br /> Gharge to the perrrll�ted limit; and�b}any sums alread��n�ie��ed fr�rn Barrav�er whic��ex��e�ed perm��ted <br /> �imits w�ll be refund�d to Borr�wer. Lender may choose�o ma�e�his refund by reduc�ng��e pz��ncipa�owed <br /> under�he Nflt�ar b�making a direct payment t�Bor�-o�er. If a refund r�duces prin�ipal, the reduGtion wi�� <br /> be trea�ed a� a par�ial pre�ayment wi�hou�any prepaymen�charg��wh�ther or not a pr�payment charge is <br /> pra�ided for under the Nate}. Borrour�r's acc�ptan��of any such r�fund made by direct payment�� <br /> Borrawer wili�onsti�ute a v�aiver of any righ�of actian Borr�wer might ha��arising ou�of such overcharge. <br /> �5. Notices. A��nat�ce�g�ven by Borrower or Lender in cannectian with this Security Instrument must be�n <br /> �riting. Any notice t�Borrawer�n connection w��h this Securi�y �nstrumen�shal��e deemed ta ha�e been <br /> �i�ren to Barro�er when mai��d by first class mail or when actually deli�rered ta Borro��r's natice addr�ss if <br /> se���by other nae�.�s. �l'ot�ce�o any flne Bflrrow�r shall �ons�i�ute notice t� a��B�rr�wers un�ess Applicab�� <br /> Law expr�ssiy requires otherw�se. Z�he natice address shal�be the Proper��Address un�ess Borz�o�rer has <br /> NESRASKA-Single�ami[y-�annie MaelFred�ie Mac UNiFORM lNSTRUMENT �orm 3��8 il01 <br /> VMP� VMPS{N�}�i 3�2� <br /> Walters Kfuw�r Financial Services Page i 1 of 17 <br />
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