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201601267
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Last modified
7/23/2017 9:59:31 AM
Creation date
3/3/2016 8:38:27 AM
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DEEDS
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201601267
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2� 1 �� 12�7 <br /> znteres� from �he date of disburs�men� at ��e same ra�e assessed on adva�ces under �he �an�ract and sha�� be <br /> payable,wi�h in�erest,upan no��ce frvm Lender to Barrower request�ng payrnent. <br /> Inspection. Lender or i�s agen�ma�make reasonable en�r�es upon and �nspect�ons �f�he Proper�y. Lender sha11 <br /> give Borrower�.���ce at the time of or�r�or�a an��.spectian spec�fy�ng reasonable cause for�he��.spectian. <br /> Condemnation. The pr�ceeds of any award or c�azm far damages,d�rect or cansequen��al, in connecti�n v�r��h any <br /> candemnation ar o�her takzng af any par� of�he Property, or far �onveyance in lieu of condexnna�ion, are hereby <br /> assigned and shal�be pazd�a Lender. <br /> In the event of a �ata� �aking of�he Property, �he proceeds shal� be applied to the sums secured by �his 5e�urity <br /> Ins�rument, Whether or nat then due, with any ex�ess pa�d ta B�rrower. In the even� of a partzax �aking af�he <br /> Pr�perty zn which�he fair marke�value of tihe Property�mr.�edzate�y before �he �aking is equal �a or grea�er tha�. <br /> �he amoun� of the sums secured by this Security Ins�-ument �mmedia�e�y before �he taking, u.�ales� BorraWer and <br /> Lender��herwi�e agree in wrzting,�he sums secured by�his Securi�ty Ins�rument shall be reduced by the amoun�of <br /> �he prace�ds mult�plied�y the f�l�owing frac��ari: �a}�he t�ta� arn.�unt af�he sums secured immediately before the <br /> tak�ng, div�ded by �b} �he fair marke��ra�ue af�he Proper�y immediately befare �he �ak�ng. Any ba�ance sha�I be <br /> paid �o Borrt�vv�r. �n �he event af a partial taking af the Proper�y i� vvhich �he fa�r marke�varue of�he Proper�y <br /> immedia�ely before the taking �s Iess than the amou�� af the sums secured imm�diate�y�befare �he �a�ing, unless <br /> Borrfl,wer and L�nder o�herwise agree in wri�ing or unless Applicable Law o�herwise pr�vides, the proGeeds sha�� <br /> be app��ed�o�he sums secur�d by�hzs Securi�y Ins�rumen�Whe�her or no��he surns ar��he�due. <br /> If the Proper�y is abandoned by Borro�ver, ar if, after not�ce by Lender t� I3orrower�hat�he �ondem�or offers to <br /> mai�e an a�ard or settle a c�a�m for damages, Borrotiver fai�s�o respond to Lender wi#hin�he minimum number af <br /> day�estab�zshed by App�z�abl�Lavv after the da�e the notice is given,Lender is author�zed to ca��ec�and app�y�he <br /> proceeds, ati ��s �p���n, e�ther ta res�aratian or repair af the Property or to �he sums secured b� th�s Security <br /> Zns�rument,vvhether flr zafl�then due. <br /> Un�ess Lender and Barr�wer o�herw�se agree in wri��ng, any applicatiQn of proceeds to principal sha11 n��ex�end <br /> or po�fipone the due date af�he paym�nts due under�he Con�rac�or char�ge�h.e am.ourit af such pa�mer��s. <br /> Bnrrower Nat Reieased; Forbearan�e By Lender Not a Wa�ver. Extensinn af the �ime fflr paymen� ar <br /> mod�f�cation of amor�izatian of tihe sums secured by �his Securzty �nst�umen� gran�ed by Lender to �orrnwer or <br /> any successor in in�eres� of Barrower shall n�� opera�e ta release the liabi�ity �f �he orig�nal Borravver or <br /> Borrower's successors in��.terest. Lender sha11 nat be requ�r�d to commence proceed�ngs against any successor in <br /> �n�eres�ar refuse�o extend t�me for pa�men�or��herwise modify am�rtiza�ion af the su.ms secured by this Security <br /> �r�s�rurnen� by reasnn of any demand made by the orzg�nal Borro�wer �r Borr�wer's successars in �n�eres�. Any <br /> forbearance by Lender �r�exercising any r�ght ar remedy sha��n��be a waiver of or preclude the exercise af any <br /> right or remedy. <br /> Successor� and Assigns Bound; Joint and Se�era� Liability; Accvmm�dat�on S�gners, The covenan�s and <br /> agreements of th�s Securzty Instru.men�sha��bind and benefz�the succ�ss�rs and asszgns af Lender a�d Borro�wer, <br /> subject �a �he pr�visians of section titled Transfer vf the Fr�perty or a Benef���al Interest �n Borr�vt�er. <br /> Borrov�er`s cavenants and agreemen�s shall be j oznt a.tad severa�.An.y person who co-s�gns this Securzty�nstrumer��t <br /> bu� has n� persona� ��ability under the �antract �"Accarnrnadatzo�. 5igner"}: �a} �s co-s�gning thzs Security <br /> �nstrument orily to mar�gage, grant and convey �hat Accommoda�ian Sigxzer's in�eres� i�a the Prap�rty u.nder the <br /> �erms of the 5ecurity �nstrumen�; �b} i5 n�t personally ob��ga�ed �o pay the sums secure� by �his 5ecurity <br /> �nstrurnent; and�c} agrees�ha�Lender and any other�3orrower may agree�o e�tend, modify, farbear or make any <br /> acc�mm�dat�ons with regard�o the terms of this 5ecurity�nstrument or the Con�act wzt�au��ha�Accommoda�ian <br /> Szgner's consent. <br /> Loan Charges. If�he �aan secured by �h�s Security Zns�rumen� is su�1 ec� �o a �avv which se�s ma��mum l�an <br /> charges, and tha�law zs fznally in�erpre�ed sa tha��he in�erest�r other I�an charges collec�ed�r�o be co��ected in <br /> �onnectian �uith the Iaan exceed the permi�t�d Iirn�ts, �hen: �a} any such Ioan charge shaX� �e reduced by the <br /> amount necessary ta reduce �he charge�.� �he permit�ed Iimits and �1�} any sums already co��ected from Borrov�er <br /> which exc�eded perm�t��d Iimz�s wil� be refunded �� Borrawer. Lender may choase �o make �his refund by <br /> reducing th�pri�cipal ovved under�he C�ntrac� ar by maki�.g a d�rect payment�o Borrower. �f a refund reduces <br /> prznczpal,the reduction vv����e treated as a par��a�prepayment under�he Cantract. <br /> Notices. An� n�tice to Barra�wer pravided for in �h�s 5ecurity �nstrument shall be given by de��vering �� or by <br /> mail�ng�t by f rst class ma��un�ess A�p��cable Law requires use af ano�her method. The no�ice shall be d�rec�ed�o <br /> �h� Propez-�y Address nr ar�y o�h.er address Barrovtrer designates by not�ce to Lender. Borrower agrees ta pro�ide <br /> Lender wi�h Barrower's most curren�mail�ng address, as ��may change from�i.me-�a-��m�. Any no��ce to Lender <br /> shali l�e gzven b�f rst class ma���o Lender's address s#a�ed here�ri ar any ather address Lender des�gnates by na��ce <br /> �o Borr�Wer. �A.ta.y natice provided for in�his Securi�y�ns�rumen�shall be d�emed�o have been gzven�o Barro�rer <br /> or Lender�vhen given as provided�n this paragraph. <br /> Governing Law; Severa�ili�y.Th�s Securzty Instrumen�sha���e governed by federa�iau�and�he Iavvs�f�he s�a.�e <br /> of Nebrasl�a. In the even��hat any provision or clause of�his S�curity Instrument or the Con�rac� conflic�s vvzth <br /> App�zcable Lavtr, such confl�ct sha�I nat affec� a�her pr��is��ns of th�s 5ecurity Insfirument or the �on�ra�t whiGh <br /> can be g�ven effect wi�hou��he c�nfl.�c�ing prvvision. To this end�he prov�sians of thzs Securzty Instrumen�and�he <br /> Cantrac�are declared��be severable. <br /> Borrower's�opy.Borrower sha1�be g�ven or�e cQpy af this Securzty Instrumen�. <br /> 0 Z�04-2015 Campliance Systems,Inc.SC54-47�8-�O I 5.1 t.3.��98 <br /> Consumer Real Estate-Security InstnFment DL203d Page 3 af 5 www,campliancesystems.cam <br />
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