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201601542
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Last modified
7/23/2017 10:08:15 AM
Creation date
3/16/2016 8:59:25 AM
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DEEDS
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201601542
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2� 1 �� 1542 <br /> ��. B�rrower Nat �e#eased; Forbearan�e By Lender Not a INai��r. Ex�ensian of�h��ime far pa�men�ar <br /> mod�ficati�n of amor�zza��on of the sums secured by �his Securi�y �nstrument gran�ed by Lender t� Borrower <br /> or any Suc�essor in�nteres�af Barrower sha11 not opera�e ta re�ease the I�ability of Borrov�r�r or an� <br /> Successors in In�eres�of Borr�vver. L�nder sha�� nat b�required�� com�men�e proceed�r�gs agains� any <br /> �uccessor in Interest�f Borrov�rer ar�a refuse ta e�tend�.ime for pa�rmen��r a�hervvise modify amor�iza�i�n <br /> of�he sums secured b�t�is Secur��y Instrument��reason of any demand made by�he ar�gina� Borrowe�r ar <br /> an�Su�cess�rs in Int�r��t of Borrower. Any forbearance�y L�nder in exerc�s�ng any r�ght or r�medy <br /> �nciud�ng, vsr�thout limi�a�ion, Lender's accep�ance of pa�rments from th�rd persons, ent�t�es�r 5u�c�ssars in <br /> Interes��f B�rraw�r or�n a3moun�s�ess than the amoun��hen du�, shall no�be a wai�er of or preclude the <br /> e�ercis�of any r�gh�.or remedy. <br /> 'I3. Jvint and S��era� Liah�lity: �a�s�gn�rs; Succe�sors and Ass�gns B�und. Borrov��r�ovenan�s and <br /> agre�s�hat Borrawer's�b��gations and �iab�l���shall be�oint and se�eral, Ho�vever, any Borro�ver who <br /> co-signs th�s S�curity Ins�rum�n�bu�d�es no�execu�e the Na�e(a "co-s�gner"}: �a} is ca-sign�ng�h�s <br /> Security �nstrument only ta mar�gage, grant and con�vey fihe co-s�gner's�nteres� �n�he Praper��under the <br /> terms of this Secur��y �ns�rument; �b} is no�p�rsana����bl�gated to pa�the sums secured by this Security <br /> �ns�rument; and�c} agrees�hat Lender and any other Borrower�an agre�t�ex�end, modif�, f�rbear or make <br /> any accomn�oda��ons with regard�o�he�erms of�his Secur�ty�nstrum�nt or�h�N��e w�thou��he co-signer's <br /> c�nsen�. <br /> Sub�ect�o the prov�sions of Sec�ion �8, any Succ�ssor�n�nterest of Borr�wer who assumes Borrower's <br /> ob��ga�i�ns under th�s Secur�ty�nstrumer�t�n wr��ing, and is approved by Lender, shall al��ain al� of <br /> Borr�wer's r�ghts and b�nefi�s under���s Secur�ty Zns�rument. Borrow�r shail nat be released from <br /> Barrov�rer's obliga��ons a.nd�iab�Iity under th�s Security Znstrumen�unl�ss Lender agrees ta such release in <br /> vvriting. The�ovenan�s and agreements of�h�s Securi�y �nstrum�nt shal�bind�excep�as pr��ided �n Section <br /> 2Q} and�enef���he su���ssors and ass�gns of Lender. <br /> 14. Lvan Cha�ges. Lender may�harge Barraw�r f�es for ser�i��s perforr�aed�n cor�nec�ion with Borr�wer's <br /> default, far�he purpas�of protect�ng Lend�r's �nteres�in the Propert�r and rights under�his S�cur���r <br /> Instrumen�, �nclud�ng, bu�no�limited to, a��arne�s' fees, property inspection and�a�uat�on fees. In r�gard t� <br /> any o�her fees, the absence flf express au�hority in this Security ��.strument to charge a spe�i�c fee�� <br /> Barro�er sha11 not be c�nstrued as a pr�hib���nn on the charging of such fee. Lender may n�t charge fees <br /> �hat are expr�5s�y pr�hibi�ed by this Securxty Instrument or by Applicab�e Law. <br /> �f the L�an�s sub�ect to a�aw v�h�ch sets max�mum loan charg�s, and�ha��aw is fina��y�nterpreted sa�ha� <br /> �he�n�er�s�or other��an charges c��lecte�.or ta be co�Iected �n connec�i�n w�th the Loan exceed�he <br /> permit�ed��m�ts, �hen: (a} any such l�an charge shail�e reduced�y th�amount necessary to reduc��he <br /> charge�a �he permitted�im��; and (�}any sums a�r�ady coll�cted from Borrower whzch ex��eded p�rmi��ed <br /> ��mit�w�Il b�refunded to B�rrov�er. Lender may choase to make�h�s refund by reducing the pr�ncipal ow�d <br /> under�he Note�r�y making a d�re�t paymen�ta Borrov�rer. If a refund reduces princ�pa�, the reduc��on vvx�� <br /> be tr�at�d as a par�ia�prepa�rnent wi�hout any prepa�men�charge�whe�her or n�t a prepayment charg�is <br /> prQvided far und�r the Note}. Borrower's accep�ance�f any such refund made�y d�rect payment�o <br /> Borrovver wiil cons��tu�e a v�aiver�f any r��ht of acti�n Barro�r�r migh�ha��ar�sing au��f such a�ercharge. <br /> �5. Natic�s. A��no�i�es gi�en by Borrower�r Lender i�canne�tion wi�h this Se�ur��y �ns�rument must b�in <br /> v�rit�ng. Any na�ice��Borr�wer xn connection w��h�his Secur�t��nstrum�nt sha�1 be deerned to ha��been <br /> g�ven�o Borrower when mai��d by�rs�class ma��ar v�hen a�tuaiiy d�Ii�ered to Borrov�er's no�ice ad�.ress if <br /> s�nt by other mean�. Not��e to any one B�rrov�er sha�l consti�ute not�c�to all Barr�vvers unless App�i�able <br /> Law express�y r�quires otherwis�. The no�ice address sha��be�he Pr�perty Address unless Barrower has <br /> NEBRASKA-5ingle Famify-Fannie Maet�reddie Mac tJN1��RM 1NSTRLJM�NT Farm 3��$i 101 <br /> VMP� VMPfi�NEf f13�2) <br /> Walters Kluwer Financial Ser�ice�s Page 7 1 of 17 <br />
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