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201601974
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Last modified
7/23/2017 10:28:45 AM
Creation date
4/4/2016 12:37:24 PM
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201601974
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2� 1 �� 1974 <br /> in�eres� from �he date �f disbursemen� a� ��e same ra�e assessed on advances under the Contrac� and sha�I be <br /> payab�e,W�th�nteres�,upon notice from Lender to Borrower requ�sting paymen�. <br /> Inspecnon. Lender or ��s agen�may make reasonable entries upon and inspectians af�he Property. Lender shal� <br /> gxve Borrav�rer na�zce at�he��me�f or prior�a an inspection sp�cifyir�g reasanable cause for�he inspec��an. <br /> �vndem�ation.The proceeds of any avaard�r c�aim f�r damag�s, direc�or�nnsequen��a�, in c�r�nection witih any <br /> condemna��on ar other�akzng of ariy par��f�he Proper�y, ar for canveyance in lieu of condemna�ion, are hereby <br /> a�s�g�ed and shal�be pa�d ta Lerider. <br /> �n�he even� �f a �otal �aking of�he Pr�per�y, the proce�ds sha�� be applied to �he sums secured by�his Securi�y <br /> �ns�rumen�, tivhether ar not �hen due, vt�i�h any ex�ess paid ta Borrovver. In the event of a par�ial taking of the <br /> Proper�.y �n urh�ch the fair marke�value af the prnper�y zmmed�ately befare the �al�ng is equal �o or grea�er�han <br /> �he am.oun� of�he sums secured by this Secur��y �nstru.ment immedia�ely before the �akzng, t�.nl.ess Borrower and <br /> Lender otherwise agre�i.n wri�ing,the sums secured�by�h�s Security Instrument shal���reduced by the amoun�Qf <br /> the proceeds mu��xplied by the fo��ow�ng frac�ion: (a3 the tota.X arnaunt of�he sums secured immed�a�e�y before the <br /> �akin�, divided by �b} �he fair market va�ue af the Proper�y imrned�ate�y before �.he �aking. Any ba�a�.c� sha��be <br /> paid tn �orro�rirer. �n �he even� of a par�ial taking of the Praperty in wh�ch the fair market value of�he Pr�per� <br /> zmmed�a�e�y before the ta�.i.x�.g zs less than �he am�unt of�he sums secured �mmedia�ely before �he ta��g, un�ess <br /> Borrower and Lender otherw�se agree �n�rr��z�xg ar u.��ess App��cable Lav�o�herwise prnvides, the pro�eeds sha�l <br /> be appl�ed�o the sums secured by�his Securi�y��.s��uxnen�Whether or not�he sums are�hen due. <br /> If�he Praper�y is a�andaned by Borr��wer, or if, aft�r no�ice by Lender t� B�rrov�er�a�the �ondemt�or off�rs �� <br /> make an award ar sett�e a claim for damages, Borrativer faiis��resp�nd to Lender w�i�h�n�he minimu�n nurnber of <br /> da�s estab��shed by Applicab�e Law after the da�e�he r�at�ce�s given,Lender is authorized�o callec�and app�y�he <br /> praceeds, afi �ts optian, ei�her t� res�ora�ian or repair of the Pr�perty ar �o the sums secured by thi� S�curi�y <br /> �nstrumen�,whether or not then due. <br /> Un�ess Lender and Borraw�r other�v�se agree in wr��ing, any appl�cation af proceeds �o prin��pal sha�1 no�extend <br /> ar pos�pon��he due date of�he paymen�s due under the�vn�racf or change�he amount af such paymen�s. <br /> Borrower Nat Released; Forbearance By I�ender Nfl� a Waiver. �xtens�on af the ��me for payment or <br /> mod�f�ca�ion af amnr�iza�ion of�he sums secured by�th.zs Security Inst�ument gra�ted by L�nder ta Bflrr��ver ar <br /> any SUCCe55or �n in�eres� of B�rra�wer shall not opera�e �o release the Iiabilzty af the orig�nal Borrov�er or <br /> Barra�ver's successors zn z�terest. Lerider sha��n�t be requzred ta�omm�nce praceedzngs aga�ns�ax�y successar in <br /> znteres�or refuse�o ex�end�ime far payment vr otherw�se modify amortization of the surns secured b�this Securzty <br /> Instrumen� by reason Qf any d�mand made by the original Borrower or Borr�wer's suGcessors in in��res�. Any <br /> forbearance by Lender ir� exerc�sing any rzght�r remedy shall nat be a Wa�ver af or prec�ude �he exercise af any <br /> right or remedy. <br /> Successars and Assigns B�und; Joint and S��erai L�ability; Accommodat�on S�gners. The c�venants and <br /> agreements of this Se�ur��y Ins�rument sha���ind ar�d benef��he successars and asszgxis af Lender and Borrower, <br /> subj�c� �� �he pravisians flf sect�on ti��ed Transfer of the Property �r a Bene�cia�. Interes� �n Borr�wer. <br /> Barro�ver's cover�ants and agreements sha��be ja�nt and several. Any person wha co-szg�s this Security�nstrumen� <br /> but has n� persona� Iiabi�ity under the Contrac� �"Ac�ammoda�ion S�gner"}: �a} is co--szgning thzs Secur�ty <br /> Ins�rument on�y �� mortgage, gran� and convey �ha# Accomm�da�ion Signer's �x�terest in �he F'r�perty ttnder the <br /> terms of �.a.e Secuur��y �r�s�rument; �b� is na� persona�Iy obl�ga�ed to �ay the sums secured by t.his S�curity <br /> �nstrument; and�c} agrees tha�Lender and a�.y other Barrovver may agree ta extend, modify, for�ear or make an� <br /> acc�mmodat�nns w�.�h regard�o the�erms of this Securi�y�nstrument ar�the�on�ract w��hout�hat Accommada�in� <br /> Sigr�er's can�en�. <br /> Laan �harges. �f�the �oan secured �y �his Security �n�trumen� is sub�ec� �a a law �vhich setis maxzmum �aan <br /> charges, and�ha��aw is f nally�n�erpreted so that�he in�eres�or o�her I�an charges co��ec�ed or�o be collec#ed zn <br /> connect�an wzth th� �oan exceed the p�rm�t�ed Iimzts, then: �a� a�y such laan �harge sha�� be reduced by the <br /> amou.n�nece�sary�o reduce �he charge ta the permitted�i.mi�s and �b} any sums already col�ect�d from Borrower <br /> whzch �xceeded permi�.�ed �imi�s will he refunded to �orrovver. Len.der may choase �� make th�s refur�d by <br /> redu�ing �h.e princzpa� ov�ed under the �ontract ar by mak�ng a direc�payment to I3orraWer. If a refund reduces <br /> pr�ncipal,the reduc�ifln vv��I be�reated as a par��a�prepayment under�he�an�rac�. <br /> Notices. Any na�ice �o Borro�ver p�rvvided f�r in this Securi�y �nst�-umex�� sha�� be given by deliver�i.n.g i� �r by <br /> mai�ing�t by f rs�t�lass mail un�ess App�i�ab�e Law requires use af another me�hod. The no�ice sha11 be direc�ed to <br /> �he Proper�y Address or any ather addres� I3orrov�er designa�es by no�ice �o Lender. Borrvwer agrees �� prav�de <br /> Le�der vv��h Borrower"s mos� current maiiing address, as it may change fraxn time-to-time. Any no�ice �o Lender <br /> sha1l be given by firs�class mail�❑Lender's address s�ated here�n flr any o�her address Lender des�gna�es by notice <br /> to Borrovver. Any not�ce pravided for in th�s Securi��nstrument sha��be deemed�o have been g�ven�o B�rrawer <br /> ar Lender vvhen given as provided ir�this paragraph. <br /> Governing Law; S�verab�ity.Th�s 5ecuri�ty�n�tru�mer�t sha�I be governed by federa��aw and the laWs�f the s�a.te <br /> of Nebraska. �n �he event that an�pro�is�on or clause af�hzs Secur�t� Ins�rument or the Can�ract cozlflicts w��h <br /> App�icab�e Law, such conf��ct sha�� nat affe�t o�her pr�vis�ans of�his Secur��r I�s�rument or the Con�rac�which <br /> can be gzven effec�w��haut�h.e�o�.flic��ng proviszon. To�his end�he prav�s��ns of�his S�curity�r�strument and the <br /> �ontrac�are dec�ared to�e severa���. <br /> ��rr�wer's Copy.Borrotiver sha��be g�ver�one copy of this Security Ins�rume�a�. <br /> fl 2404-2015 Cvmpiiance Systems,Inc.8C54-4385-2D15.i 1.3.ta98 <br /> Cor�sumer Real Estate-5ecurity Instrument DL2�35 Page 3 of S www.compliancesystems.cvm <br />
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