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201602361
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Last modified
7/23/2017 10:46:59 AM
Creation date
4/20/2016 1:47:29 PM
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DEEDS
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201602361
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2� 1 ��23� 1 <br /> Security Instrument,whether or not then due. "�pposing Party"mean�the�hird party that o�es Borrower <br /> Miscellaneous Praceeds�r the par�against whom Borr�vver has a right af aetion in regard to�iscellan�ous <br /> Proceeds. <br /> �orro�ver shal�be in default if any action�r proceeding,whether ci�i1 or criminal,�s begun that, in Lender's <br /> judgment,coutd result in forfeiture of the P�ropert}�or other material impairment of Lender's interest in the <br /> Froperty�r r�ghts under this 5ecurity Instrument. B�rro�ver can cure such a default and, if acceleratian has <br /> vccurred,reinstate as pro�ided in Sectian 19,by causing the ac�ion or proceeding to be dismis�ed with a <br /> ruling that,�n Lender's judgment,precludes forfeiture of the Pr�perty or other material impairment of <br /> Lender`s interest in th�Property or r�ghts under this SeGurity Instrument. The proceeds of any awaxd or <br /> claim for damag�s that are attributab�e to the im�aairment of Lender's interest in the Praperty are hereby <br /> assigned a�d sha11 be paid to Le�der. <br /> Al�Miscellaneaus PrQceeds that are not app��ed to res�oration or repair of the Property sha11 be applied�n <br /> the order prov�ded for in Section 2. <br /> 'I 2. Bor�rawer Not Refeased;F�r�earanceBy LenderN�t a Vlfaiver.Extensian of the tim�for payment ar <br /> �odi�'icat�Qn.of arr�ortization�f t�he sums secured by th�s Security I�.strument granted by�.ender to F3orrower <br /> ar any Successor in Interest of Bonower shall not operate to release the liability af B�rrow�r ar any <br /> Successors in Interest�f Borro�ver. Lender sha11 not be required to commence proceed�n�s against any <br /> Successar in Interest of�orrvwer or ta refuse to extend time for payment or other��se rnadify amortization <br /> of the sums secured by th�s Security Instrument by�eason of any demand made l��the original Borro�vver or <br /> any�uccessors in�nter�st af Borrawer.Any for�earance by Lender in exercising any right or remedy <br /> including,without l�mitation,Lender's acceptance of pa�nen�s from third per�ons, �ntities or Suceessors in <br /> Interest of Borra�er or in amaunts less than the amount�hen due, sha��no�be a�aiver of or preclude the <br /> exercise af any right or rerned�. <br /> �I 3. Joint and Se�sral Liabi�ity;�c�-s�gners;�uccessorsand Assi�ns Bound.Borrv�ver covenants and <br /> agrees that Borrower's obligations and liability sha11 be joint and several. However,any Borro�ver who <br /> co-signs t�is Seeurity Instrument but does not execute the Note(a"co-signer"}: (a�is co-signing this <br /> Secu.rity Instrument only to mortgage,grant and con.vey the co-sign�r's intere�t�n the I'roperty under the <br /> t�rms of this�ecurit�y Instrument; (b}is�ot personally ob�igated�v pay the sums secured by this Security <br /> Instrument;and�c}agr�es that Lender and any other Borrower can agree to extend,modify, farbear or make <br /> any accommodations�vith�r�gard to the terms of this�ecurity Instrument or the Note without the co-signer's <br /> cansent. <br /> Subje�t to�he pro�isians af Section 18,any Successor�n Interest af BorrQwer who assumes�arrower's <br /> obligatians under this Security Instrument in writing,and is appro�ed by Lender, sha��obta.in aIl af <br /> Barro�ver's rights and benef��s under this Security Instrument. Borrower sha11 n�t be releasec��rom <br /> Borr�wer's abligations and liab��i�y under this Securit�Instrument unless Lender agree�ta such rel�ase�n <br /> writing. The co��nants and agreements of this Security Instrument sha11 b�nd(except as provided in Sect�oa <br /> �Q)and benefit the successor�and a�signs of Len�er. <br /> '�4. Loan�harges.Lender may charge Borrower fees for service�performe� in connection with B�rro�er's <br /> default, for the purpose of protecting Lender's interest in the Propert�a�nd righ�s under this Security � <br /> Instrument, inc�uding,but n.ot limited to,a�torneys' fees,pro�ert�inspec��on and valuatian fees.In regard to <br /> any ather fees,the abseace of express authority in this Secur�.ty Instrumen��o charge a specific fee to <br /> Borrower shat�not�e construed as a prohibition on the charging of su�h fee.Lender may not charge fees <br /> that are�xpressly prohib�ted by this Security Instrument or by Applicable Law. <br /> PVEBRASKA-5ingle Famiiy-Fannie MaelFreddie Mac UNIFC]RM 1NSTRUMENT WITH MERS Form 3U28 11�1 <br /> VMP @ VMP6A(NE}(1342}.40 <br /> Wolters Kluwer F�r�ancial Ser�ices Page 9�of 17 <br /> q43354z94G�� ❑233 345 1117 <br />
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