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201602065
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Last modified
7/23/2017 10:32:29 AM
Creation date
4/7/2016 8:46:44 AM
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DEEDS
Inst Number
201602065
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2� 1 ��2��5 <br /> If the Loan is subj ect to a law which sets maximum loan charges, and that law is finally interpreted so that <br /> the interest or other Ioan charges collected ar ta be ca��ected in connection with the Laan exeeed the <br /> permitted limits,then: �a}any such loan char�e sha11 be reduc�d by the amourat necessary��reduce the <br /> charge to the permitted iimit;and(b)any sums already collected from Borrower which exceeded permitted <br /> ��m�ts���I be refunded to�orro�er. I1e�.der may choose to rnake this refund by redu�ing the�rincipal owed <br /> under the Note or by making a direct payment to I3ortovver. If a refund reduces principal,the reduction will <br /> be treated as a partial prepayrrient without any prepaymen�charge �whether or not a prepayment charge is <br /> provided for under the Note}. Borro�ver's ac�eptance of any such refund made by direct payment to <br /> Borrower wi11 constitute a v�ai�er of any right of action Borrower might have arising out of such overcharge. <br /> '15. 1VotiG�s.All notices given b�Borrower or Lender in connecti�n with th�s Security Instrument must be in <br /> writing, Any notice to Borrower in connection with�his Security Instrument sha11 be deemed to ha�e been <br /> given to Barrower when mailed by first class mail or when actually deliv�red to B�na�ver's notice address <br /> if sent by other mean�.Natice to any one Borrawer shall eonstitute notice to all Borrowers unless <br /> Applicable Law expressly requires otherwise. The no�ice address sha11 be the Property Address unless <br /> Borrower has designated a substitute notice address by notice to Lender, Borrower shall promptly notify <br /> Lender of Bona�er's change af address. If�,ender speeifies a procedure�ar reparting Borro�e�'s change <br /> of address,then F3orrower�ha11 only report a change of address through that specified procedure. <br /> There may be�nly ane designated no�ice address under this Security Instrument a�any one time. Any no�ice <br /> to Lender shall be given by del�vering it�r by mailing it�y first c�ass mai��o Lender's address stated herein <br /> unless Lender has designated a�other address by notice ta Borrower. Any natice in connection with this <br /> Secur�ty Instr+ument sha��not be d�err�ed tQ ha��been g�ven ta I�ender�nt�l act�a�ly r�ceived by Lender.If <br /> any notice requ�red by th�s Security Instrument is also required under Applicable La�,the Applicab�e Law <br /> r�quirement wi11 satisfy the corresponding requirement under this Security Instrumen�, <br /> 'i S. Go�erningLa�v; Sev�r��ility;Rules of�vnstruction.This Security instrument shall be go�erned by <br /> federal law and the 1aw of the jurisdiction in which the Praperty is located.A11 rights and ob�igations <br /> con#�ined in�this Security Instrument are sub�ject to an}r requirements and limitations of Applicable Lavv. <br /> Applicable Law rnight exp�icitly ar impiicitly aiiow the parties to agree by contract or it might be silent,but <br /> such sile�ce shall not be construed as a prohibition against agreement by contract. In the e�ent that any <br /> provision or clause of this Security Instrum�nt ar the Note conflicts wi�h Applicable Law, such conflic�sha11 <br /> not affeet other pro�isions of this Seeurity Instrument or th�Note v�rhich can be given eff�ct�rrthout the <br /> conflicting provis�on. <br /> As us�d in this Security Ins�rument: �a}words of the masculine gender sha11 mean and include carresp�ndrng <br /> neuter�vords or�vords�f the feminine gender; (b}words in the singular sha11 mean and inc�ude the plural <br /> and�ice�ersa;and(c)the word"may" gi�es sole discretion without any obligation to take any action. <br /> '!7. Borrower's Copy.Borrower sha��be given one copy of the Not�and of this Security Instrument. <br /> 'I 8. Transfer a�the Pro�aertya�a 8enef�ciallr�terest in Borrawer.As used�n.t�.is Sec�ion 1$, "Inter�st in <br /> the Property" means any legal or bene�cial interest in the Property, �ncluding,but not limited�o,those <br /> beneficial interests transf�ned in a bond for deed,contract for deed, insta.11ment sales contract or escrow <br /> agreement,the intent of which is the transfer Qf titie by Borrower at a future da�e to a purchaser. <br /> If a11 or any part of the Prapert�or any Interest in the Praperty is sold or tran�fer�red�or if Borrower is not a <br /> r�atural�erson and a beneficial interest in B�rrower is sold or transferred)without Lender's prior v�ritten <br /> consent,Lender may require �mmediate payment in fu11 of a11 sums se�ured by�his S�curity Instrument. <br /> However,this option shal�not be exercised by Lender if such exercise is prohibited�y App��cable Law. <br /> NEBRASKA-Single Family-Far�nie MaelFred�ie Mac IJNiF�RM INSTRUMENT WITH MERS Form 3�28 1141 <br /> VMP� VMPfiA(NE)��342}.QQ <br /> Wolters Kluwer Fina�ciai Services Page 12 of 17 <br /> q�3353643283 4233 368 1�17 <br />
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