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201601184
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Last modified
7/23/2017 9:57:43 AM
Creation date
2/29/2016 10:38:44 AM
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201601184
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2� 1 �� 1184 <br /> A..�y ama�.�n�s d�sbursec��y Ler�der u�:dez-�his Sec�ion� sha11 became add�tzanal deb�af Barro�ue�� <br /> sect�red by this Secu�°i�y I�.s���.�men�, These amounts shall beat�intet•es�a�the N��e�a�e fro�.����.e date�f <br /> disbursernen�anc�slaa��be payabl�,�ri��1 such����x��s��upon no�ice f��om Lender�a Borrovver reqt�esting <br /> paym.ent. <br /> If this Securi�y Insxr�xmen�is on a�easeh�l�.,Borrow�r shal�comp�y witi11 all t�he�r�visi�ns of�he <br /> Iease. If Bo�rawer a�qui�es fe��i�1e�o�he Pro�e��:y,�he I.easehal��nd�lae fee�i�le sha�l not�ne�ge <br /> L��Zless Le�lder�.gre�s���he merger i�wri�i�lg, <br /> '�C�� fV1 ortg�g e �n�u ra��e. If Le�.de�•requ�r�d Mor��age Insu�ance�:s a c�nd��ion af rna����1g�he <br /> L.aa��,�orravver sha�I p�.y�h�p��mzums rec�uir�e�ta ma�n��.�n�he Mor�g�:ge InsL�ra�.ce in effe��. If, <br /> for a�zy re�son, the Mo��gage 7nsurance cover•age requ�red by Lender�eases to be avai�able frqm <br /> th�mortgage insL�rer th��.pre�iously pr�vided strch�nsurar�ce ar�d B orrav�er was req�i�ed��ma�� <br /> separa�ely designa�ed.payrn.en�s�oward�he�rem�t�ms for Mo��gage I��st��ance,B�rr�vver sha���ay�h� <br /> prem�uxns re�t���red�o a�b�a��.c�ver�:ge st�bs�an��ally e�t�i�ralen�to�he Mor�gag�Ins�.�rance prev�ot�sly i� <br /> effec�, at a cost substan�ia�ly eq�,�iva�ent�o the cos��o Borrower of the Mor�gage Insurax�ce previot�s�y <br /> �z�eff�c�, frorn an al�er�.a.��mo���gage znsurer se�ec�ed t�y Lender,If sl��s�ar��ial�y equivaler��Mor�gage <br /> Insuran�e coverage is no�ava�lable, B orro�rer sha��cor��i�L�e��p�.�r�o Lender�he amoun�of�he <br /> separat�ly de�ig�atec�payme�ts�hat were c�L�e vv�len�he xr�suranc�coverage ceased�o be in effect. <br /> Lender vvi11 a��ep�,use and.r�tiain these p�.y�ne��s as a na�-refi.�ndable�oss reserve in rieu af M�rtgage <br /> Insurance. Such�oss r�s�rve sha11 be non-refi�nd�.b�e,��ot�wi�hs�ar�di�zg�he fact�hat th�Lo�.�.is <br /> ultima�ely paid in fi.�11, and Lend�r shall nat U�requ�red��pa�Borro�rez•any�nteres�or e�.rni�a.gs on <br /> SUC�1 1�55 Z•eser�e. L��zder ca�i10 langer r�c�uire loss�eser�ve paymen�s if Mo��gage InsL��ance�ov�rage <br /> ���z�he�.rnount a�d for�he per�od th�.�L�ilde�r rec�uires�provxded by an insurer�elect�d�y Lend�r <br /> ag�.�n��cames avail�.ble, �s obt�.�nc�d, and Lender�ec�u�res s�para�ely desigr�a�ed payments tov�rard�lze <br /> pr�miums for Mo�tgage Insurar���. If Lender reqitired Mo��gage Iz�st��ance�.s a c�nd�tion of mal�ing <br /> �he Loa�arzd Borra��r was r�c��iir�d��ma1�e separate�y c�.eszgna��d paymen�s�ovva��d the�r�miums <br /> fnr Nlor�gage Insurance,Baxro�ver sha1�pay�he��em�urns�iequzred�o main�ain Mor�gage I�sL�rance in <br /> effe��, or��pr�vide a�o��re�.in�.able loss reserve,t�n���Lender's��quireme�t for Mo�tgage I�.stxrance <br /> ends �n acc�rdance vv��h any wri�t�n agree�-ner��be�wee�.Borrower anc�Le�der pr�vi�.ing for st�ch <br /> ter�nination or ur�til�ermina�ion is required by�pplzcabl�Lav�r.Nothin�in�his S e��ion �� affec�s <br /> Bor�ovver's�b��ga�cion to pay ir�ter�s�a��he ra�e provx�.ed i�the Nate. <br /> M�rtgage Ir�surance r�im�L�rs�s Lendcr�ar any entity tha�purchases�he Na�e}for cer�air�.�osses i� <br /> may incur xf Borra�rer da�s no���pay�h�Loa�z as agr�ec�. I3�rrower is nat a pa��.y ta�h�Mortgage <br /> InsL�rancc. <br /> Mo��g�ge ix�sure�•s evalua��the�r�o�al risl�on a��such i�sur�.nce in f��rce from�ime�a�ixne,�.nc� <br /> ma��n�er��z�o agreeme�a.�s wx�h�th�r p�.r�ies�h�.�sh�.re o�modify�he��r r�sk, or�ed�.��e�osses. Th�se <br /> agreernen�s are o�.�er�n.s and co�.dxtXons�ha�ar�satisfac�ory�o the mor�gage insu�•er and th��ther <br /> pa�"�r�or par�zes��o�hese agreemen�s. These a�reemen�s may rec�u�re the mor�gage ins�.�rer to ma��e <br /> paymen�s t�sxr�g ar�y soL�rce of f��n�.s�hat�he mortgage�x�sLxr�r may have av��lab�e�whi�h may ir�clude <br /> fl�nds ob�ai�.ed Frflrra Mo��gage Ins�L�ra�ce premiL�ms}, <br /> As a result of these agreemen�s,Lender, any p�.�r�h�.s�r�f�he No�e, ana�hezi insL�rer, any r�insurer,ar�y <br /> other en�ity, or any aff���a�e�f a�y�f�he forego�ng,rnay rece�ve�direc�ly�r indirec�Iy� amoun�s that <br /> HGFG-Q0359 <br /> NEBRASKA-5ingle Family-Fannfe MaelFreddie Mac UNIFORM INSTRUNfENT �orm 3a28�1�1 <br /> V M PC� ��1�5 <br /> Wol#ers Kluw�r Financial 5ervices 2�1fi�222�5.3.a.3355-.���15103�Y Page S of�7 <br /> �2$4�8� �62 2* <br />
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