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201600496
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Last modified
7/21/2017 2:56:44 PM
Creation date
1/26/2016 8:39:26 AM
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DEEDS
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201600496
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2� 1 ���49� <br /> �nteres� from the da�e of d�sbursement a� �he same rate assessed on advances under �he Can�rac� a�d sha�� be <br /> payable,w�ith interest,upan not�ce fram Lender to Borrawer reques�ing paymen�. <br /> In�pecii�n. Lender or its agen�may make reas�nable en�rzes upan and �nspec�ions af�h� Praperty. Lender sha11 <br /> give Barrov�rer n���ce at the�ime af�r prior ta an inspect�on specifying reasonable cause far�he�nspec��on. <br /> �nndemnation. The proceeds of an�award or claim for damages,direct ar consequentza�, xn co�anec�ion wi��any <br /> candemnation or Qther ta�xng of any part af�he Praperty, ar for conveyan�e in lieu of condemnat���, are hereby <br /> ass�gned and shal�be paid ta Lend�r. <br /> In the event af a to�a� taking of�he Property, �he praceeds sha11 be appl�ed to �he sums secured by this Security <br /> Instrumen�, whether or not then due, wzth any ex�ess pa�d �a Borrower. In the eve�t of a part�a� �aking of the <br /> Property in.tivhzch the fair mark�t value of�he Pr�p�r�y immedia���y before �h.e �aking is equal �o gr grea�er than <br /> the am.�unt af the sums secured by this Security �nst�ument immed�a�ely before the taking, ur�.�.ess �orr�wer and <br /> Lender o�herwise agree�n wri�ing,the sums se�ured�by this Securi�r Ins�rument�ha�I be redu�ed b��he amotua��f <br /> �h�pra��eds rnultipli�d�by the fo�lo�vving fract�an: �a�the t��a1 amoun�of the sums secured immedia�ely before the <br /> taking, divided by �b} �he fa�r market value af the I'raper�y immedzately bef�re �he �aki�.g. Any ba�ance sha1� �e <br /> pa�d �o Borrawer. In �h� even�of a par�ial taking nf the Praperty in wh�ch �he fair market value �f the Praper�y <br /> �mmed�a�e�y b�f�re �he �a.king is less �hax�the amount of the sum.s secured �mmediat��y bef�re �he taking, unless <br /> Barr�vver ax�d Lender��herwise agree in wr��ing or un�ess App�icab�e Lavv otherw�se provides, the proceeds sha�l <br /> �e app�zed�o the sums secured by�his 5ecurit�r�ns�rument urheth�r ar r�at the sums�.r��hen due. <br /> If the Proper�y�s abandaned by B�rrovver, or�f, a�ter�xot�ce by Lender t� Borr�wer tha�the candemnor offers�o <br /> make an avvard or sett�e a cla�m far damag�s,Borra��r fails to respond to Lend�r vsr�thzn�he minimuna number af <br /> days es�a���shed by Applicable Law after the date the n�tice is given,Lender�s authorized to coliecx and apply the <br /> proceeds, a� i�s option, either �o restorati�n ar repair vf�he Property ar �o the sums secured by �his Security <br /> �r�s�rurr�en�,whe�her or not th�n due. <br /> Uniess Lender ata.d Borr�vver a�herwzse agree �n vtrriting, any app��cation nf praceeds tv pr�ncipal shal�no�extend <br /> or pos�pone the du�date of�1ie payments due under�he Con�ract or change the amou�a.t of such paymen�s. <br /> Rnrr�,wer Nat Re�eased; Forbearance By Lender Not a Wa�ver. Extension vf �he tzme far paymeri� or <br /> mod�f�ca�ion of am�rr�.zatzon �f�he sums secured by this Secur�ty Ins�rumen� granted ��Lender to ��rrower or <br /> any successar zn in�erest af B�rrower shall na� operate to release �he �iab�lity of the original �orrawer or <br /> Borrovver's successors in interest. Lender�ha��nat be required ta c�mmence proceedings against ar�y suGcessor ir� <br /> in�erest ar refuse�a ex.�end��me far payment or o�herwise m�dify amortiza��ari af�he sum�secured by�his Secuarity <br /> Instrumen� by reasan of any demand made by �he origina� B�rraw�r �r Barrower's successars �n in�eres�. Any <br /> forbeara�x�e by Lender in exercisin�an�right ar remedy shall n��be a wa�ver�f or pr��lude the exercis� of ar�y <br /> righ�or remedy. <br /> Successors and Assxgn� Bound; Joa�nt and Several. Lxa�ility; A�cvmmodatian S�gners. The covenants and <br /> agreements of this Secur�ty Ins�rumer�t sha11 bind and ber�ef��he successors and assigns of'Le�der and�orrawer, <br /> subj ect to �he pr�visians af section tit�ed Transfer of th� Property or a Beneficial Interes� in Borrawer. <br /> B��-ra�ver`s c�venar�ts and agreemen�s shall be j a�n�and severa�. Any pers�n v�rho co-sig�s this Secur��y Instrumen� <br /> �au� has no persor�a� l�abi��ty under �he �an�rac� ("Accommodation Signer"): �a} is �o-signing �hxs Securi�y <br /> �ns�rumen� on�y t� moz�gage, gran� and ctinvey that Accommodation 5zgner's interes� in the Pr�perty under the <br /> terms af �he 5ecurity I�.s�rument; �b� �s not personally ob�igated to pay the sums secured by �his Secur�ty <br /> �ns�rumen�; and�c} agrees�hat Lender and a�.y oth�r Borra,wer may agree�o extend, mod�fy; forbear ar make any <br /> accommoda��ons�vith r�gard to the�erms of�his Secur��Ins�rum�nt or th� �an�ract w��hou��ha�Accommada�ian <br /> 5igner's�onsent. <br /> Loan Charges. �f�h� I�ar� secur�d by �his 5ecurity Instrum��.t �s subj ec� to a law which se�s max�mum l�an <br /> charges, and that la�r is fi�.a��y�nterpreted s� �hat�he �r�teres�or other�oan charges col�ected or�o be ca�lected�n <br /> c�nnect�on wi�h the ��an exceed �he permi��ed 1imi�s, then: �a� any such �aan charge shall be reduced by tihe <br /> amoun�necessary tv reduce�he chaxge to �h�perm�t�ed lzmi�s and�b} a.ny sums already collected from Borr�vver <br /> which exceeded permit�ed ��mits vv��l be refut�ded �a Borrav�rer. Lender may choose �o make �his refund by � <br /> .reducing �he princ�pal otived under tihe Contract or b��making a direct payment to $arrower. If a refur�d reduces <br /> principal,�he reduc���n�11 be tr�at�d as a par��a�pre�aymer��under the C�n�ract. <br /> Notitc�s. Any n��ice t� F3arrower prav�ded for �n �h�s 5ec�ri�y �nst�ument sha11 b� given by deliveri.rzg it or by <br /> ma���ng i�by first class mail un�ess App�icab�e Law requ�res use of ana�her method. The n���ce sha�l be dir�c�ed�o <br /> �he Praper�y Address or any o�her addr�ss Borrower designa�es by no�ice to Lender. Barrawer agrees to prav�de <br /> Lender with Borrovver's mos� curr�n�ma��ing address, as ��xnay change from t�me-tio-�ime. Any natice ta Lender <br /> sha��be given by f rst c�ass ma���o Lender's address s�ated herexn ar any o�her address Lender deszgnates by no�ice <br /> to Borrow�r. Any no�ice provided for in th�s Securit�Instrument sha��be deemed�a have been g�ver�t� Barraw�r <br /> or Lender v►rhen giv�n as provided in thzs paragraph. <br /> Governing Law; Severabi��ty.This Security�ns�rum.ent sha1��e governed by federal law and�he laws of�he sta�e <br /> of Nebraska. In the event �ha� any proviszan or c�ause af this S ecur�ty�ns�rumen� or �he ��n�ract canflzc�s v�ith <br /> Applzcal�le Lativ, such canflzc� shal� not affe�t other�ro�risxons af�.his Secuxi�y�ns�rumen� or�he ��n�ract which <br /> can be g�ven effect withou��he c�nfl�c�ing prov�s��n. To�his end�he prov�sions�f th�s Security��.s�rument and�he <br /> C�ntrac�are dec�ared to be severab�e. <br /> B�rra�wer�s Copy.Borr�wer shall be given one copy of this Secur�ty Instrument. <br /> �2D04-2015 Cvmpliance SysEems,Inc.8C54-i 12D-2D15.1 I.3.I098 <br /> C�nsurrcer Real Estate-Security Instrument I3L263d Page 3 af 5 www.cvrr��liar�cesystems.com <br />
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