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201602528
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Last modified
7/23/2017 10:52:36 AM
Creation date
4/26/2016 2:59:46 PM
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201602528
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2� 1 ��2528 <br /> ov�r thrs Securzty�ns�rument, appearing in cnurt,payzng reasonab�e at�orneys'fees and�n�er�ng an�he Proper�y t� <br /> make repairs.Al�hough Lender may�ake ac�ion under this sect�on,Lender does not have to do so. <br /> An.y amounts disbursed by Lender under �h�� sectzon shall �ecame additianal debt af Barrovc�er secured by this <br /> Se�urity Ins�rume��. Unl�ss Borrower and Lender agree �o ath�r terms of paymerit, these am�un�s sha1l bear <br /> interes� frvm the date of disbursement a� the same rate assessed on advanc�s under the Gon�rac� and shal� be <br /> payal�le,u���h�n�erest,upon no���e fr�m Lend�r fo Barr�v�rer requesting paymen�. <br /> InSpe�tian. Lender or z�s agen�ma�make reasonable entxies up�ri and inspectzons of the Praperty. Lender shall <br /> give Borrovver notice a��he�ime of or�rzar�o an inspec�i�n specifying reasonable cause for�he�nspect�an. <br /> Gandemnatxan. Th�proceeds of any avvard or claim for damages, direc�ar conse�uen�ial, in c�nnection with az�y <br /> condemnati�n or other�akzng of any part of the Pro�erty, or for c�nveyance in lieu gf cflndemna�ion, are here�y <br /> as��gx�ed and sha��be pa�d ta L�nder. <br /> �n the ever�� of a tatal taking of�h� Proper�y, the pr�ceeds shall be applied to �he �ums secured by t�is Securi�y <br /> �ris�rum�n�, wvhether or na� �hen due, wxth any excess pa�d �a Bvrrovver. �n the event af a partza� ta.k�ng of�he <br /> Proper�y�n which the fair marke�value of the Property imrnediate�y before the �ak.�ng is �qua��a or grea�er�har�. <br /> �he amflun� �f�he surns secured by this Securzty ��.s�ru.m.en� �mmed�ate�y before the �aking, uniess Borrower and <br /> Lender atherwise agree�n wrx��ng,the sums se�ured by�his Security�ns�rument sha�I be reduced by the amoun.t of <br /> the praceeds mu�t�p���d Uy�he follawing frac�ion: �a}t�e�otia� amaun.t of�ie sums secured immed�ately before�he <br /> taking, d�v�ded b� �b} �he fair market va�ue af the Property immedia�ely before the �aking. Any ba�an�e sha�� be <br /> paid �o Barro�rer. �n �he even� of a partial taking of the Pr�per�y ir�which �he fair marke�value of the Property <br /> immed�ate�y before �he �ak�ng is less than the amoun� of�he sums secured immedia�e�y before the �ing, un�ess <br /> F3orraWer and Lender o�herwise agree in v�rrit�ng ar u.r�.less App�icable La�v o�herw�se provzdes, the pro�eeds sha1l <br /> be applied�a th��ums sectu ed by this Security Instrument vvhether ar not the sums are then du�. <br /> �f the Propez-�y�s abandoned by Borrower, ar�f, after no�ice by Lend�r�o Borr�wer tha�the candemnor offers �o <br /> make an avv�ard ar sett�e a c�a�na far damages, Barrawer faz�s�a respand tn Lender w��hin�he min�mum number of <br /> days es�a��ished by App��cab�e Lavv af�er�he date�he not�c��s g�veri,Lender is au�horized to cv�xect ar�d apply�he <br /> pra�eeds, a� i�s op�zan, either �a res�aratz�za or repa�r af the Property ar �o the sums secured b� �his Securzt� <br /> Instrument,�rhether ar not then due. <br /> Un�ess Le�.der and Borrawer oth�rw�s� agree in wri�ing, any app�ica�ian of pr�ceeds to princ�pal shall not ex�end <br /> or post�one�he due date af�he paymen�s due und�r the Cvntract�r change th�amount of such payme�ts. <br /> Borr�wer Not Re��ased; F�rbearance By Lender N�t a Waiver. Ex�ension of the time far paym�nt or <br /> mod�f�ca�i�n af amortiza�z�n of tihe sums s�cur�d by�his 5ecurzty Ins�rumen� gran�ed by Lender ta Borr�vver ar <br /> any succ�ssor �n �r�terest of BorroWer sha1l nat apera�e �.o release th� ��ab��ity Qf the origzna� B�rravver ar <br /> Barrower's successors in in�erest. Lender sha11 no�be requzred�o cammence pr�ceedings against any success�r in <br /> in�eres�or refuse to e�tend t�me for payment ar ather�vise modify amor��zat�on of�he sums s�cured by this Secur�ty <br /> �ns�rumen� �y reas�n of any demand made hy the origina� Barrov�rer or Borr�wer's successars �n �n�erest. Any <br /> farbearance by Lender �n exercising any right or remed�shall not be a waiver of or preclude �he exerczse of any <br /> righ�or remedy. <br /> Succes�ors and Assigns Baund; Jo�nt and Severa� Liabili�y; Accommodatian S�gners. The cavenan�s and <br /> agreemen�s �f�his Secur�ty�ns�rument sha��bind and benef t�he successars a�d assigns of Lerider and Borr�vver, <br /> subj ec� �o the pra�risians of sect�on tit�ed Transfer of the Pr�perty or a B�ne�cia� In�erest in Borrawer, <br /> Borravver`s�over�an�s and agr�emen�s sha�I b��oir��and se�eral.Any person v�ho co-signs�his Secur��y Ins�ru.men� <br /> but has no persona� lzabz���y under the Cfln�ract �"Accomrnoda�ion Szgner"}: �a} is co-51�riII�g ��].15 5��uri�y <br /> �ns�rument only to mar�gage, gran� ar�d convey �hat Accommoda�zar� Signer's �nteres� in the Proper�y unde�r �he <br /> terms of the Security Instrum.e�.t; �b} is no� personally o�l�ga�ed �o pay �he sums secured by �h�s 5e�ur�ty <br /> �nstrumen�; and �c} agrees that Lender and any o�her Borr�vver may agree�a ex�end,modzfy, farbear�r make any <br /> acc�mmadat�ons�wi�h regard to the terms of�h�is Security Instrumerit ar the Con�rac�wi�hout�ha�Acc�mmoda�zon <br /> 5igner's cons�n�. <br /> Loan Charges. If the �flax� secured by �h�s Se�uri� �ns�rumen� is subject ta a lavv which se�s maximum loan <br /> charges, and that law�s fina��y in�erpreted so tha��he interest or other�oan charges cax��cted or to b�c�11e��ed in <br /> connec�iflr� wi�h the �oan exce�d �he permi�t�d Iimits, then: �a� any su�h �oan charge sha�� be reduced by the <br /> amour�.�necessary�a redu�e�he charge �o the permi�ted Iimits and �b� any sums already ca�Iec�ed fram Borr�wer <br /> vvhi�h exceeded perm�t�ed 1imi�s v►ri�� be refunded to Borrovver. Lender may chaose to make th�s refu.nd by <br /> r�du�i.ng �the pr��.c�pal avved unt�er the �an�ract or by making a direc�paymen��o B�rr�wer. If a refund reduces <br /> principa�,�he reduc�ian,wz�l be�reated as a par�ia�prepayment under�he Contract. <br /> Nati�e�. Any notice ta Borrov►�er pr�v�ded for in �h�s Security �nstrument sha�� be gi�ren by delivering �� or by <br /> rna�I�ng�t by f rs�class mail un�ess Applicable LaW requires use af ana�her method. The n��i�e sha��be directed�o <br /> �he Property Address or any other address T3orrav�er desigr�ates by no�ice �o Lender. Barrov�rer agrees to pravide <br /> Le�.der�wi�h Bflrrawer's mos� curren�ma��ing address, as i�may change from t�.me-�o-time. Any notice �� Lender <br /> shal�be given by f rs�cZass ma��ta Lender's address sta�ed herein or any o#her address Lender d�s�gnates by no�ice <br /> ta B orrower. Any r�ntfce provided for�n�his 5ecur�ty�ns�rumen�sha��be deemed ta have been g�ven t�B�nrower <br /> or Lender when given as provided�n�hxs paragraph. <br /> Governxng Law; Severa�i��i�y.This Secur�ty Instrument shall be g��erned b�federal�aw and�he Iaws of�he s�ta.�e <br /> of Nebras�a. �n the ever�t tha� a�y pro�is�on or clause �f this 5ecurity Instrument or the Contrac� c�n.f�icts v�rzth <br /> App�icab�e Law, such conflict sha�1 n�� affect o�her provisians af�h�s Secur�ty�nstrument ar th� Con�ract wh��h <br /> Q 20Q4-2a�5 Cvrnpliance Systems,Ir�c.8C54-BA38-�a15.11.3.i498 <br /> Cons�mer Reai Estate-Se�r�r��y Instrument DL2036 Pa.ge 3❑�'S www.compliancesystems.cam <br />
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