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201506649
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Last modified
7/21/2017 8:26:00 AM
Creation date
9/30/2015 8:53:21 AM
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DEEDS
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201506649
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��1 5�6649 <br /> L�i-�der's actioi�s can inc�ude, but are not 1 imited �o:�a}paying any sums secured by a�ien whic�� has priaX-ity ov�r <br /> t�3is 5ecurity Irls�ivment; �b} appearing in c�ur�; alld �C� �73yIIlg reasa�lab€e attorn�ys' fees to pr�t�ct i�s interes� <br /> it� �l�e P�•operty andlflr- rights u�lder this 5ecuz•i�}� I�lstrurnen�, including its secu�-ed pOS1�1Di1 in a banki-upt�y <br /> praceeding. Se�uring the Prapert�� �t�Gludes, bu� is na� limited ta, en��ring the P�•o�ert}� to ma�e rep�irs, c�ia��ge <br /> I�cl�s, replace or�oard u� da�rs at�d�vindaws, drait�vt�a�er fram pipes, eliil�it�ate buildrtng ��•ot��er cade �iolations <br /> ❑r da�lgervus co��diti��ls, at�d l�a�e u�iIi�ies t�.l�7�ed ❑t� ❑r off.Altl�ou�h Lender may�ake action u�idez• tl�tis Secti�r� <br /> 9,Ler�der does r�ot have �o d�sn atld is no�ut�der ariy du�y or�b�igatiot� to d❑ sa. It is agreed �l�at Let�det-il��urs <br /> no liabil ity for not taI�ing any ��•all a�ti�ns aut��fli•i�ed unde�• t]Zis Se�fion 9. <br /> Any am�un�s disbursed by Lender und�r #hi� Section 9 shaIl be�otn� additiona� debt of�oz-r�wer secut•ed b� <br /> tl�is 5ecuri�,y Instrum en�. Thes� a�-naun�� shall bear i nterest at the Nate rate f�•�m the date of disbursem ent and <br /> shall�e payable, wi�h su�h interes�, upon ��otice fr�m Lender to Bfli-rovver reque5tit�g paymei�rt. <br /> If �his 5ecurity Ins�rumen� is �n a IeaseI�aid, Bot�i-a�vei- slia�l camply witf� aII the p�-flvisions �f tl�e Iease. If <br /> Borr��ver a��uires fee�i�Ie to the P��oper�f, the leasehald and the fee��tte sha[1 nat merge uniess Lend�r agrees �o <br /> the t-nerget•i��writit�g. <br /> 'I�. Martgage Insurance. if Lender requir�d Martgag� Insui•an�e as a col�di�i�t� ❑f t��akin� the Loan, Bo�•ra��v�r <br /> sl-�all pay tl�e p�•emiums re�uired to t7�ainta�n the Mor�gage Insurar��e in effect. If,far any r�asoy�, the Moi-��age <br /> Tt�surat�ce coverage required by Letlder ceases �a be available from the i1�o�•tgagz i��suret• t��a� pr�vioL�sly <br /> provrded suc�i insu�-auYce and Borrowel- was �-equired ta mal�e separat�ely des�gi�at�d paymet�ts to��va�•d the <br /> �rerniums for Mortgage Ii�suran�e, B�r�-�wer shal i p�y �he premiums rec�uired to obtai n ca�erage substanti a��y <br /> equi�alen� �� the M��•tgag� �f�lsui•an�e p�•e�iously in effect, at a cos� substan��alIy equivalen� �o t��e �os� t❑ <br /> Barroti�e�• of tl�e Mortgage Insura��ce p�•eviousfy in effe�t,from an alt��•na�e mo�-tgage insurer seIec�ed by Lender. <br /> If su�stan�ially equivalent Mo�-�gage InsuraE�ce �o�ei�age is nat availab�e, Boi-rawer- shall con�inu� �� pay t❑ <br /> Lender�he amount �f the separa�ely de�ignated payments that vvere du���hen t��e insurance coverage c�ased �o <br /> be in effe�t. Lendei• 1�ilI accep�, use and i•etai�i th�se paymen�� as a non-i•efundable loss �•eserve in lieu of <br /> Mor�gage �t�surance. Su�h Iass rese�•�e shalI �e non-refundable, not��i�hstanding ���e fact �l�at t�-�� Loan is <br /> ultimately paid ii� fuIl, and Lender sl-�all i�at be reQu�red ta pay Borro��er ai�y int��-est o�• �amin�s an su�h Ioss <br /> reserve. �L�I7��t• �an t�a l�nger require I�ss reser�e payn�ents if Mar�gag� �i�surance cavera�e (in Che amount and <br /> fo�� �h� period that Lender requires} provided by an iY�surer s�Iected by Lender a�ain becot��e� available, is <br /> vbtained, and Lende�• requ�res separate�y designated payments �a�ard �he pretn�ums for Mortgage Insurat�ce. If <br /> Lender re9uit�ed Martgage Insurance as a conditiat� of maki�lg �he Loa�l a��d Barra��er tivas requ�red ta mal�e <br /> sepat•ate�}� des�gna�ed payments tovvard t��� pretniurt�ns f�r Mat•�gage Ir�surance, Borrn���er shall pa�r t��e pre�niums <br /> required t❑ mainta�n M�r��ag� I�7surance iY� effe�t, or�a provide a i�an-refundabl� lvss re�erve, ut�til Lender's <br /> requi�•�m�n� fot• Martgage I�7surancz ends i�� ac�ordance w��il at�y writtei� a�reeme��t betvti�een Barr�wer and <br /> Lender pro�riding fa�-such teY-mination o�-untii�ermination is r•equired by Applicable Law.Natl�i€�g in thi� Sectian <br /> 1�affects Barra�rz�-'s abligati�n �❑ pay inte�-e�t a��l�e rate pravided in the Note. <br /> � Mat-�gage Insu�-a�1ce t-eitnburses Lender �oi-any enti�y that purGilases the Nate} f�r cer-tain losses it may�in�ur�f <br /> Barro�ver does not �-epay �l�e Loan a.,s agre�d. Bor�•ower is not a pai-�� to the Mor�gage it�su�•anGe. <br /> Mor�gage insure�-� �waluate thei�-��tal risk o�� aIl sucll insu�-ar�ce in foi-ce fi-oin t��ne ta tit�ie,a�7d may entet- in�a <br /> agreements with ot��e�• part�e� t��at share ar �nodif���l�e�r risl�,�r reduce lasses. Tl�ese agreemen�s a�e ❑n �ertns <br /> ai�d �ondi�ior�s that a�•e satisfactory ta�l�e moi•�gag� i��surer ai�d the o�her party �oz•par�ies} t�tliese ag�•eemei�ts. <br /> Tl�e�e agreemen�s may reauire th� rnot�gage insurer ta make payme��ts u�ing any source ❑f funds that t�1� <br /> n��t�gage i��sure�• may ha�re available�w��ich tnay includc funds ❑btained fi•am M�rtaage I��sura��ce pretniums}. <br /> As a resul� of�l�ese agi-eeme���s, Lender, any purc��aser of the �l�ote, a�zotl�er i��surer, aiiy �-ei��su�-ei-, a:iy ❑t��er <br /> eY�tity, ❑r any aff€liate❑f at�y �f�he foregoing, rnay t•ece�we (direc�I� ar indit•ectly} amout��s that deri�e frnm�ar <br /> migl�t be characterized as} a�artion of B��•rou�er's pavr7�e�7ts for M�rt�age�I��surance, in exc��ange for sl�a�-i��g ❑r <br /> madifying t��e m�rtgage En�urer's t•is�,or reducing Iosses. if such ag��eement prov�des tha� a�� affi�iate❑f Lender <br /> �altes a share of the insure�•'s risk in exchange for a�hare af the premiums paid to the insurer, the a�-rang�ment is <br /> ❑f�en termed"captive reinsu�-ance." Furtl��r: <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac I�NIFORM INSTRLJMENT W1TH ME�S Form 30�8 1IA1 <br /> VMl'C� VMP6A�3VE} �13�2�.�Q <br /> Wniters f�[uwet�Finan�ial Services Page 8 af i� <br /> ❑DO�N ET025�fi7-�DD013'[799 <br />
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