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201600038
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Last modified
7/21/2017 2:38:21 PM
Creation date
1/5/2016 10:30:02 AM
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DEEDS
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201600038
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2� 1 ����38 <br /> �ecurity Instrument,�vheth�r or not the�c�ue.,"C�pposrng Party" �mea�s the t�.�d party that o�ves�o�ro�er <br /> Miscellaneaus Proceeds�r the party a�ai�st whom�orrower has a right of action in regard to Miscellaneaus <br /> �rocee��. <br /> Borrower sha�l be in default if any actian or proce�d�ng,�rheth�r civil or crxm�nar,is begun that,�n Le�.der's <br /> judgment,could result in forfeiture�f the Property or other mater�ai impairment of Lender's interest in the <br /> Prop�rty vr rights un.de�this S��urity Instrun�ent.B�rrower can�ure such a default and,if acce�e�a��on�ias <br /> occurred,reinstate as pro�ided in Sectian 19,by causing the aGtion or proceeding to be dismissed with a <br /> ruling tha�,in Lend��r's judgment,preclude�forfeitu�re of�he Property or other material impa�rm�nt of <br /> Lender`s interest in the Property or rights under this Security Instrument. The proceeds of any award or <br /> claim for�amages that ar�attributable ta the impairment of Lender's interes�in the Property are hereby <br /> assigned and sha11 be paid to Lender. <br /> A�1 Miseellaneaus Proceeds that are not applied to restoration or repair of the Propert�sha��be applied in <br /> the order prvvided fvr�n Se�tion z. <br /> 1�. Barrawer Not Released;Forbearanc�By LenderNot a VII�i�er.Extens�o��f the time for payment or <br /> madification Qf amor�ization of the sums secured by this Security Instrument granted by Lender to Borrower <br /> or any Successor in Interest of Borro�ver shall not aperate to re�ease the liability of Bono�uer or any <br /> Succe�sors�n�nterest of Borro�ver. Lender shal�not be required to commence proceed�ngs against any <br /> Successor in Intere�t of Borrower or to refuse ta exte�.d�ime f�r paym�nt or otherwise mvdify amorti�ation <br /> of the sums secured by th�s Security Instrument by reason of any demand made by the original Borr��er or <br /> any Successors�n.Interest vf B�rrower. A�y forbearance by Lender i�exer�ising an�right or remedy <br /> 111CIUL�1l1�,without limitation, Lender's accepta.nce of payments�rom thi.rd persons, entities or Successors in <br /> Int�rest of B��rflwer o�in amounts less than the a.n}ount then due, s�a11 not be a waiver of or preclude the <br /> exercise of any right or remedy. <br /> 'I 3. Joint and Se�eral Liability;�o-signers;Su�cessorsand Assign�Bvund.Borrower covenants an�l <br /> agrees�hat Borrower's obligations and liability shall be joint and several, Haw��t�r,any Borrc��ter who <br /> co-signs this Seeurity Instrumeat but does not execute the Note(a '!co-signer"}: (a)is ca-signing this <br /> Secur�ty Instrument only to rn�rtgage,g�rant an.d con�rey the co-signer's interest in the Propert�u�der the <br /> terms of th�s SeGurity Ins�rument; (b}is not p�rsonally obligated to pay�he sums secured by this Security <br /> Inst�u�en�t;and�c}agrees that Lender and any other Borro�er can agr��to�xtendA madify,f�r�bear or make <br /> any accommoda��ons�ith regard to the�erms o£th�s Security Instrument or th�No�e w�thout the co-signer`s <br /> consent. <br /> Subject to the provisions af 5�ction �8,any Suc���sor in In�erest of B�rro�v�r wha assumes�3orrower's <br /> obligations under this Security Instrument in wrzting,and is approved lay Lender, sha11 obtain a��of <br /> Bo�rower's rights and ben�fits under this Sect�.r�ty I��trument.Bor�o�er sha�l nat be�el�as�d from <br /> Bonower's obligatians and I�ab���ty under this Secur�ty Instrument un�ess Le�.der agrees to such release in <br /> �rriting.�The covenants an�1 agr�ements o�thi�Se�c�rity In.strument shall bind(ex�ept as provide�in Section <br /> 2�}and benefit the successors and assigns of Lender. <br /> �14. Loan�harges.Lender may charge Barrotiver fees far ser�rices perfarmed �n connection w�th Barrower's <br /> default, far the purpose af protecting Lender's interest in the Proper�y and rights under this Secur�ty <br /> Instrument, in�luding,but not limited to,attorne�s'fees,property�nspection and valuation fees. Tn regard ta <br /> any ather fees,the absenG�of express authvrity in th�is Secur�ty Instru.�ent to c�iarge a specifi�fee to <br /> Borrower sha11 not be construed as a prohi�i�ion on the charging of such fee. Lender may not charge fee� <br /> that a�e�x�ressly prohibi�ed by this Securit}�Instrun�ent a�r by Appl�c���e La�. <br /> NEBRASKASingfe Family-Fannie MaelFreddie Mac UN�F4RM�NSTRUMENT WITH MERS Farm 34�8 114� <br /> VMP� VMPfiA(NEl(13�2�A4 <br /> Wolters Kluwer Financial 5enrices Page 11 of 1� <br /> q�3349649671 Q�33 253 1117 <br />
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