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201602324
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Last modified
7/23/2017 10:40:00 AM
Creation date
4/19/2016 8:44:16 AM
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DEEDS
Inst Number
201602324
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2� 1 ��2324 <br /> S�curity Instrument,whether or nflt then due. "�pposing Party"means the third part�y tha��vves Borrower <br /> Mi�cellaneous Froceeds or the pa.rty against whom Borrower has a right of actian in regard to Miscellaneous <br /> Proceeds. <br /> Borrower sha11 be in default if any action or proceedi�g,whether civil or cr�minal, is begun that, in Lender's <br /> judgment,could re�ult in farfeiture of the l�ro�erty�r other ma�erial impairrnent of Lender's inter�st in the <br /> Praperty vr r�gh�s under this Securit�Instrument.Borrower can cure such a default and,if acce��ration has <br /> occurred,rei.nstate as pr�vided�n Section 1�,by causing the action or proceeding to be d�sm�ssed with a <br /> � ruling that, in Lender's judgment,precludes forfeiture of the Property ar other material impairment of <br /> , Lend�r`s intere�t in the Property or righ�s under�his 5ecurity Instrurnent.The proceeds of any award or � <br /> , claim fc�r damages that axe attributab�e to the impairmen.t of Lender's interest in the Property are hereby <br /> assign�d and�ha1t be paid to Lender. <br /> A11 Miscellaneous Proc�eds that are nat app�ied to restor�tion or repair of the Property sha11 be applied in <br /> the order prvvided for in Section 2. <br /> 'I 2. Barro►nrer Nnt Released;ForbearanceBy LenderNot a III►aiver.Extensian af the�ime for payment or <br /> modification of amortization of the surns secured by this Security�nstru.ment granted by Lender to Borro�ver <br /> , or aay Successor in Int�rest of Borrower shalt not oper�te to release the�iability of Bonv�v�r or any <br /> . Success�rs in Interest vf Barrower, L�nder sha��not be required to commence praceedings against any <br /> � Successor in Interest of Borrower or to refuse to extend�ime for payment or otherwise madif�amorti�atian <br /> of the sums secured by this Security�n.st.rument by r�ason of any demand made by the original�orro�er or <br /> any Successors in Interes�vf Borrower.Any forbearanee by Lender in exercising any right ar remedy <br /> ineluding,w�thout limitation,Lender's acc�ptance of paym�nts fram thir�l persons,entiti�s or Succes�or�in <br /> Interest af Borro�ver or in amounts less than the amount then due, sha11 not be a vvaiver of or preclude the <br /> exercise of any right or remedy. <br /> 'I 3. Jvint and Ser�eraf Liability;Co-signers;Successorsand Assigns Bound.Borro�ver co�enants and <br /> agrees that Borrawer's obligations and liability sha��be joint and s�vera�.However,any Borr��er who <br /> co-signs this Security Iastrument bu�does not exeeute the Note�a"co�signer"): (a}is co-signing this <br /> Se�urity Instrumen#anly to mortgage,grant and convey�he co-signer's inter�st in the Property under�he <br /> terms of this Security Instrument; (l��is not personally ob��gated to pay the sums secured by this Security <br /> : Instrument;and(c}agrees�hat Lender and any ather Borrower can agr�e to extend,modify, forbear ar make <br /> ; any accommodations with regard to the terms of this Security Instrument or�he Nate vvithout the co-signer's <br /> consent. <br /> 5ubject to the pravis�a�s of Section 18,any Successar in Interes�t�f Borrower who assumes Borrower's <br /> obligations under this Security In.strume�t in writi�g,a�d i�apprnved by Lender, sha11 ab�ain a�l of <br /> Borrower's rights and benefits under�his Security Ins�rument. B�rrow�r sha11 not be released from <br /> � Borrower's obligatians and liability under th�s Securi�y�astrument unless Lend�r agrees to such release in <br /> � wr�ting. The covenan��and agreements af this Security Instrurnent sha11 bind(except as provided in 5ectian <br /> 24�and benef t the successors and assigns of Lender. . <br /> 'I 4. Laan Charg�s.Lender may charge Borrower fe�s for services performed in cannection with Borrower's <br /> � defau��,for the purpvse of protecting Lender's interest in the Proper�y and rights under this Secu.rity <br /> Instrument, includ�ng,but not lim�ted ta,attorneys'fees,property inspection and valuation fe�s. In regard to <br /> any other fees,the absence of express authority�n�his�ecuri�ty Instrument to charge a specific fee to <br /> � Borrower shall not be constru�d as a prnhibition on�he charging of such fee. Lender may not charge fees <br /> ; that are expressly prohi�ited by this Secu.rity Instrument ar by Applicable Law. <br /> NEBRASf(A-Single Fami�y-Fannie MaelFreddie Mac L1hIIFaRM INSTRUMENT WITH MERS Form 3428 1141 <br /> VMP� VMP6A�NE}(1342}.�0 <br /> Watters Kluwer Finar�cfal5ervices Page 11 af 1? <br /> q03354�15349 ��33 334 lll7 <br />
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