201506101 - Laserfiche WebLink

Browse

��l 5�61 �l Any amourits dzsburs�d hy Lender under�his sectifln sha�� became addit�onal debt af Barrower secured by�his S�cuarzty Instrumen�. Un�ess Borrawer and Lender agree tQ ❑�her t�rms af paymen�, �hese amaun�s sha�� bea�r ��.tierest fr�m t.�ie da�e af d�sbursement at the same ra�� assessed an advances u�.d�r �ie �oz�tract and shall b� paya��e,uri�h in�erest,upon n�t�ce from Lender to Borrower requesting payment. Inspect�on. Lender or i�s agent may make reasanable en�ries upan and inspec�ian� of the Pr�perty. Lender shall g�ve B arraw�r notice at�he tzme of flr prior ta an inspection specifying reas��able cause for�he inspec�ian. �ondemnat�on.The pr�ceeds�f any award or claim for dama�es, di�rec�ar cQnsequential,in connec��on w�th any candemnat�axz�r other taking of ariy part of the Proper�y, or for canveyance in lieu of condemnation, are hereby ass�gn�d and shall be pa�d�a Lender. �n�he even�af a��a�taking af�he Proper�y, the proceed� shall be app��ed�o the sums secured b�r�his Se�urity �nstrumen�, �vhether ar not �hen due, wi�h any ex.�ess pa�d �a Bnrrower. �n �he event af a partial �aking af�he Praperty zn whz�h�he fa�r rnarket�alue af�he Praperty irnmedia�ely befo�e the taking is�qua�ta ar greater than �h� amaun�of the surns secured by thi� Security �ns�rumen� �mrnediate�y before the ta�ing, unl�ss Barro�rer and Lender��herv�rise a�ree in wri�ing,�he�ums secured by�h�s Secur�ty Instrument shal�be reduced by the amourit of the prac�eds mu�tiplied by�he fo�lativ��ag frac��an: (a�the�atal arnoun�of�he sums se�ured zmmedzate�y befare�he taking, divzded by�b} �h� fair marke� Walue af the Propez-�y imrnedia�ely befor� the taking. Any balance shal�be paid�a Borrou�er. Ir� the even�af a par�.ia� �a.k�ng of the Praperty in vvhi�h th� fair marke�value of the Pr�per�y �mmed�a�e�y before�he taking �s �ess than the amount of the sums secu.red immedia�ely befare the taking, unless Borrotiver and Lender a�hervvise agree in wri�ing or unless Applicable Law atherwise provides,the proceeds sha1� be appl�ed to the sums secur�d by this Securi�y�ns�rum�nt whe�her ar��he sums are�hen due. �f the Property is abandon�d by Borra�ver, or if, after notice by L�nd�r to Borrower that the candemnor�ffers to make an award or set�le a claim for damagcs,F3orrovv�r faz�s�o respond to Lender with�n the mir�imum number of days es�ablished by App��cab�e Law after the date the noti�e i�given,Lend�r�s authorzzed t��ollect at�d app�y th� procecds, at ��s ap�on, either to restara�i�� or repa�� of the Property ar t� the sums secured by thzs 5ecur�ty �nstrument,urhether or nat then due. U'nless Lender and Borrflwer otherwise agree in wri�ing, any app�ication af proceeds ta principa� shal�no�extend or pos�pane th�due date af the paymen�s due under�he Con�a�t or change�he arnount of such paymen�s. Barroyver Not l�eleased; Forbearan�e By Lender Nat a �Va�ver. Ex�ensian of �he �ime far payment o� modification af arn.or�izati�n �f�he surns secured by this S�curity I�astz-uamen� gran�ed by Lender ta Barrourer or any successar �n interest �f Borrawer sha1l �xot op�ra�e �a release the lzab�� of the or�ginal Borrower or Barravver's suc�essors in in��re�t, Lender shall nat be �rec�uired ta commen�e proceedzngs agains�any successor zn �ntierest or refuse��ex�end��me for payment or atherw�se modify amorti,�a�ion of the sum5 secured�by this 5e�ur��y �ns�rurnen� by reasan af any demand made by �he orig�nal Barrawer or Bor�ower's successars �n �n��rest. Any forbea�rar�.ce by Let�d�r in e��rcis�ng any right or remedy sha��na�be a waiver of ar preclude the exerc��e af any r�gh�or rem�dy. Successars and Assign� B�und; Jo�int and Several Liability; Accammada�ion Sxgners. The cavenan�s and agreemen�s af this Securzty Instrumen�shax�bznd and b�nef t�he successors at�d assigns af Ler�der and Borro�ver, subject ta the pro�isions of se��ian �i�led Transfer nf the Property or a Bene�cia� Interest in Barrower. Borrau�er's co�enants and agreements shal�be jaint and several.Any persan v�rho co-signs this Secur�ty�nstru.ment but has �.o persanai Iiah�l��y under �he �on�ract �"Acc�mrnodatio�. Szgner"�: �a� is �o-s�gning this Securzty �ns�rurnen� only to mor��age, grant and convey �hat Ac�ornmadat�an Signer's interes� �n the Proper�y under �he �erms ❑f the Secur�ty Ins�rument; �b} is no� persona�ly abli�ated to pay the sums secured by �hi5 Securx� �ns�rurnent;and�c} agrees�ha�Lender and any o�her Borravtrer ma�agree��x�e�d,modify,farbear or mal�e any accarnmoda�ions wi�h regard�o�he terms af�his Secur�ty�ns�rument or�.b�.��on�ract vvi�haut tha�Accarnmoda�zon Signer's consen�. Y.oan �harges. �f�he loan secu-�ed by this Securi�y �nstrument is subjec� to a law vvh�ch sets rnaximum ��an charges, and�i.at�a�v is f�na��y�n�erpreted so that the ir�teres�ar��her laan charges collec�ed or tQ be col�eGt.�d�n cannect�on v�ith the �oan exceed �he permit�ed ��rnits, then: �a� any such laan charge sha�� be reduc�d by the arn�u��necessary t�r�du�e the�harge to the permitted Iirn�its and �b} any sums already collected from Borrourer wh�ch exceeded permitfied ��mi�s v�ill be refunded �o Borrov�rer. Lender may cha�se to ma�e this refund l�y reducing the prin��pa� owed under�he ��nt�ac�or b�mak�ng a direct payment to Borrovver. �f a refund reduces principa�,�he reduc��an tivill be treated as a par�ia�prepayment under the Contrac�. Nfltices. Any notzce to Barrawer prov�ded for in th�s Securi�y �nstrument sha�� be given by d�liverir�g �t nr by malling it by f rs��1ass maz�unless App��able Law requires us�af ana�her methad. The n�tice shall be direc�ed to �he Praperty Addre�s or any ather add�ress Bflrrower designa�es by notice to Lender. Borrower agrees to provide Lender with Borrawer's rnos�current mailing address, as it rnay change fram time-ta-time. Any nat�ce �o Lender shall be given by firs�c�ass mail�o Lender's add�ess stat�d her��n or any other address Lender designa�es by notice t�Bor�-ow�r.Any notice prav�ded far in th�s 5ecurity�nstrument shall b�deerned to have been given�o Borrotiver or�en�.er v�rhen given as provided�n this paragraph. Govern�ng Lav��; Severability.This Se�uri�y Instruxnent shal�be go�erned by federal Iaw and the laws of fihe state of Nebras�a. �n the even� �ha� any provisi�n or c�ause af�his Securi�ty Instrumen� ar th� �ontrac� c��fli�ts w�th App�x�able Law, such canflzct shall nat affec�o�her provisions af this Secur�ty In�trument ar�he Coz��rac�whzch can be g�ven effec�v�rithout�he conf�zc��ng prov�s�on. Ta this end the prov�si�ns of�h�s Security Ins�rument ax�d�h� �an�.ra�t are de��ar�d�o be severab�e. C�20�4-2Q 15 Cvmpliance Systems,Tnc.A6SC-B475-2a I5.3.5.106� Cvnsurr�er Rea�Es#ate-Secur�ty�nstrument DL2a36 Page 3 af 5 www.c�mptian�esystems.�om