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201601136
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Last modified
7/23/2017 9:55:04 AM
Creation date
2/25/2016 2:58:25 PM
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201601136
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2� 1 �� 113� <br /> �n�erest frorn �he date of disbursement a� th� same ra�e assessed on advances under �he Con�ract and sha�I be <br /> payable,wi�h in�erest,upo�n���ce fram Lender t�B�rrower requestzng paymen�. <br /> Inspectian. Lender or i�s agen�may make reasanable entrie� up�n and inspe��ions af the Praperty. Lender shal� <br /> g�v�Barrawer na�ice at the�ime of or prior�Q an znspect�an specifying reasanab�e cause for the�nspec�ion. <br /> Condemnat�on. T�.e prflceeds of any avvard or c�aim for�iamages, d�rec�or consequential, in cannectian tivith any <br /> candemnat�an or a�her taking af any par�of�he Proper�y, ar for �onveyance iz�Iieu af condemnation, are hereb� <br /> assigned ar�d sha�I be paid�a Lender. <br /> In the ever�� of a t��a� �ak�ng of the Proper�y, the proceeds shal� b� applied �o �he sums secured by this SeGurity <br /> Instrumen�, whether �r no� �hen due, w�.�h ax�y ex�e�s pa�d t� Borr�tiver. In the even� of a part�a� taking �f the <br /> Pr�perty in,which the fair marke�va�ue of the Praperty �mrned�ate�y before the taking is equal�� or greater than <br /> �he amaun� �f�.he surns secured by this 5e�urity �nstrumen�immediately before th� taking, t�.�ess I3orr�Wer and <br /> L�nder o�herwise agr�e in wri��ng,�he sums secured by th�s Securi�y Ins�rument shall be reduced by the amoun��f <br /> �he praceeds mult�plied by the fo�lov�ring fraction: (a}�he�ota1 amount of�he sums s�cur�d irn�nediately before�he <br /> �aki.ng, d�vzded by �b} �he fair rnarke�value of�he Praper�y zmmediatie�y before �he tak�.ng. ,Any ba�a�.ce sha��1�e <br /> paid �a Barr�,wer. In �he event of a par��a� �aking �f th� Property �n vtrhich the fair marke�va�ue of�he Prflper�y <br /> immedia�ely before the tal�irYg is less than�he amaun� �f�he sums secured immediately bef�re the tak�tag, un�ess <br /> B�rrower and Lender o�herw�se agree �n wr��ing or u�less App�icable Law o�herwzse�rov�des, the pr�ceeds sha�� <br /> be app��ed to�he sums secured by this Secur�ty�ns�rumer��vrrhe�her or na�t�ie sums are then due. <br /> �f the Property is abandoned by Barrov�er, or if, after no�ice by Lender to Borro,wer that the candemnor affers ta <br /> make an award ar set��e a cla�m f�r damages, B�r�rawer fax�s�v respond to Lender w�thin the mir��.mum number�f <br /> days�s�ab��sh�d by Appl�cab�e Lav►�after the dafe�he no�ice is given,Lender zs author�zed�o collec�and apply�he <br /> pr�ceed�, at its �p�ian, ei�her �� restnrat��n or repair af�he Proper�y or �o the sums secured by �his Se�ur��y <br /> �nstrumen�,v�rhether ar not�he�due. <br /> Unless Lender and T3orrayver a�hervvise agree �n v�r�ting, any applica�ion af proceeds �a principal shall not extend <br /> or pos�pone�he due da�e af�he paymen�s due und�r��.e�on�ra�t or change the amoun�Qf such paymen�s. <br /> B�rrower Not l�elea�ed; Forbearan�e By Lender Na� a �ai�er. Extenszon of �he �im� for paymen� or <br /> mod�f cation of amar�zzati�an of the sums secured by �his Securi�y �nstrt�meri� gran�ed by Lender �a B arr�wer or <br /> any success�r in �nteres� af Barrav�rer sha�� no� aperate to release �he ��abili�y Qf the or�g��aal Borrovver �r <br /> B�rrotiver's successors in interes�. Lender sha11 ri�t be required to�amrnence proceedzngs aga�r�st any successor zn <br /> in��res�or refuse ta ex�end��me for pay�ment ar atherw�se modify amor��za�ion of the swms secured by�his Security <br /> �ns�rument by r�ason af any demand made by the original Borrower ��r Borrower's successars �n in�erest. Any <br /> forb�arance by Lender in exercising a�.y r�gh�or remedy sha��not be a waiver of or pre�Iude the �xerczse of ar�y <br /> righ�or rem.edy. <br /> Su�cessor� and Assigns Bound; Jflint and Severa� Liability; Accomm�dafiion S�gners. The c�venants and <br /> agreements �f this Secur�ty��strumer�� sha��b�nd and benef��he successnrs and assigns af Lender ar�d l3orrower, <br /> sub�ec� ta the prov�s�ons �f sectz�n �i��ed Transfer of the Property or a Beneficial Interest �n Bnrr�wer. <br /> Borr�v�rer's covenants and agreements sha1l be�oint and severa�. Any person�vho co-signs�hzs Security�ns�rument <br /> but has no persona� �zabili�ty under the Gon�ract �"Accomrnoda��an Signer"�: �a} is co-sign.i.zag �his 5ecur�ty <br /> Instrumen� only �a mar�gage, gran� and convey �ha� Acc�mmat�a��on Sigr�er's interest in the Pr�per�y under �he <br /> terms af �he Secur��y �nstrume�.�; �b} is no� personal�y ob��gated �o pay the sums secured h� th�s Security <br /> �n�trument; and�c} agrees that Lender and any o�her Borrovver may agree�o ex�end,modify, forbear or make any <br /> ac�nmmodat��ns vv��h regard ta the�erms af�his Secur�ty�xzstrumen�or�he Con�act vvi�hou��ha�A�cammodatizon <br /> Signer's�onsen�. <br /> Laan Charges. �f�he ��an secured by �his 5ecurity Instrumen� is sub�ec� �o a law which se�s maximum �aan <br /> charges, and�hat�avv zs f na�l��nterpre�ed so that the interes�or o�her laan charges�ollected or to be collec�ed�n <br /> canne����n wzth �he �oa�. exceed the permi�tied ��m��s, then: �a) any su�h �oan charge sha�l be reduced by the <br /> amoun�necessary�o reduce the charge �Q the perm��ted lim�i.ts and �b} any sums already col�ec�ed from Borr�vver <br /> which exceeded permi�ted limi�s v�r��� be refunded t� Borrower. Lender may chaQse to rnake �hzs refund �y <br /> reducing th�principa� owed under the Can�rac�ar b�making a direc�payment�o Borrower. If a refund reduces <br /> principal,�he reduc�ian vvill be�rea�ed as a par��al prepayment under the�ontrac�. <br /> Notxces. Any nat�ce �o Borrawer prav�ded far �n th�.s Security �nstrument shall be g�ven by de��ver�g it or by � <br /> mailing��by firs�c�ass mai�un�ess App�xcab�e Law requires use of another methad. The no�ice�ha��be directed to <br /> �he Pr�per�y Address or a�.y�ther address Borrov�rer de�ignates by notice �a Lender. B�rr�wer agrees ta prov�de <br /> Lend�r vvi�h Borrotiver's m.ost curren�mailing address, as it rnay change from time-to-�ime. Any n���ce t� Lender <br /> sha��be given by f rst class mail�a Lender's address s�ated herein�r any o�her address Lender designates by no�ice <br /> to Barrower. Any nat�ce provided for in th�s Securi�y�ns�rument sha�l be deemed�a have been gzven�o Borr�v�er <br /> or Lender when gi�ren as prav�d�d in this paragraph. <br /> Govern�ng Law; Severabilit�.This Se�uri�y Ins�ru.men�sha�l be governed by federa�Iav�and the lav�s af the s�a�e <br /> �f Nebras�a. In the e�ent tha� any provision or clause of this Secur�ty Instrumen� or the Con�ract conflic�s with <br /> App��cable Law, such confl�ct sha�� not affec� �ther provzsz�ns of thi.s Securzty Instrumen� or th� �an�rac�wh�ch <br /> can be g�ven effe�t wi�hout the�onflictzng prov�s�on. To thzs end�he pravisions�f this Securi�y�nstru.ment and the <br /> Gon�rac�are de��ared�o be severab�e. <br /> B�rrower's Copy.Borrower shal�be given one copy of�his Securzty Ins�rumen�. <br /> ����424I 5 Cvmpiian��Systems,Inc.8C54-1 S74-2�I 5.11.3,l a98 <br /> Consumer Rea�Estat�-Security Ir�s#niment DL2�3b Pa�e 3 of 5 www.�amplian�esystems.cam <br />
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