201602763 - Laserfiche WebLink

Browse

2� 1 ��27�3 interes� frorn the date of disbursern.ent a� the same ra�e assessed an advances und�r �he C�ntract and sha�� be �ayab�e,w��h interest,upan notzce from Lender t�B�rrawer requ�s�xng paymen�. Insp��iion. Lender ar i�s ager��may m.a�� reasonable en�r�es up�n and inspec��ans of�he Praperty. Lender shal� g��e BorraWer no�ice at the t�m.e nf or pr��r to an�nspec�ian speczfy��.g reasor�ab�e�ause f�r the�nspec�ian. C�ndernnati�n. The proceeds of any award or claim far damages, d�rec�or c��.s�quen��a�, zn coxu�.ec�ion vcri�h any condemna�ian ar a�her�aking af any par�flf the Proper�y, or for �onveyance in lzeu of c��.�.emna��on, are hereby ass�gned arid sha11 be paid�o Lender. �n �he event af a t�ta� tak�ng of�he Praper�y, �he praceeds shall be applied to the sums secured by this 5ecurity Ins�rumen�.} whether or z�o� �her� due, wxth any excess pazd to Borrower. �n �he event af a partia� �aking af the Properfiy in which �he fa�r mark��va�ue af the Property zmrned�a�e�y before the �aking is equa� �� ar grea�er�han �he amount of the sums se�ured by thzs Securi�y Ins�-umen� immediately befare the taking, u��ess Barro�ver and Lender o�herwise agree in�i�ing,�the sums secured by thzs 5ecur�ty Ins�rument shall be reduced by the amaunt of the proceeds mu�tiplied by�he fo�loW�ng fract�an: �a}the�o�a� amoun�of�he sums secured immed�ate�y before the taking, divided }�y �b} the fair market value �f the Property �mmedza�e�y bef�r� the �ak��.g. Any ba�ance shall be pa�d ta Borra�r►rer. In the everi�af a par�ia� �aking �f�he Proper�y �n which �he fazr marke�va�ue af th� Proper�y immediately before the �akzng �s �ess than�he amaun� of�he sums secured immediately before the �aking, u.nless B�rrovver and Lender atherw�se agre� �n wr��ing�r unless Applicable Lau�otherwise provzdes, �he praeeeds sha�� �e app�ied�a the surns secured by th�s 5ecurz�ty�nstrument v�rhe�h�r�r nv�the sums are�hen due. �f�he Proper�y is abandaned by BorraWer, ar�f, after notice by Lender to Borrower�h.a�the caridemnar affers �o make an award or se�t�e a claim for damages, Borrawer fa��s to respond to Lender v�rith�xz�h.e minxmum number of day�estab��shed by Applicable LaW after the date the n��ce is g�ven,Lender zs aufhor�zed to�ollec�and app�y the proceeds, at ��s op��on, e�ther �o restora�i�n ar repa�r �f�he Property ar �o the sums secured by this S�curity Instrument,whe�her or not then due. Unless Lender and Barrower atherwise agree in wr�ting, a�y appli�a�i�n�f pr�ceeds to principal sha�� not ext�nd �r pos�p�ne�he due date of the paymen�s due under the Cor��rac�or change the amourit of such paymer�ts. �urrvwer Not Re�eased; Fnrbearan�e By Lender Not a Wa�ver, Extension af �he time far payment ar modif�atzon �f amQrtiza��an of�he sums secured by �h.zs Security Instrumen� granted by Lender �� B arr�wer or any successor in inter�s� af Borrower shall nQ� opera�e to release the ��ability of the orzg�na� Borro�wer or B�rrovver's successors in�n��rest. Lender sha��no�be required�o conamer�ce praceedzngs against any successflr in interest ar r�fuse�a extend��m.e for payme�.t or o�herwise modify amor�ization of the sums secured by th�s 5ecuri�y Instrument by reason of any demand made by �he orig�nal Borrovver or B�rrower's successors zn interest. Any forbearance by Le�der in exerczs��xg any right or remedy shall nat be a vva�ver of or�re�Iude �he exer�ise of any right or remedy. SucceSsors and Ass�gns Bound; Jai.nt and Severa� Liabili�y; A�commfldat�on Signers. The covenan�s and agreemen�s of�his Se�ur��y Instrument sha��b�nd and benefit�he successors and ass�gns of Lender and BorrQwer, subj ec� ta �he prov�sians af se��on �itled TranSfer of the Prap�rty �r a Bene�c�a�. Interest in Borrower. Borro,wer's covenants and agreement�shal�be jaint and several. Any person�vho co-�signs�h�s Security Ins�rument but has no personal liabi�ity ur�der the �an�ract �"A�cvmmada�ion S�gner"}: �a} xs ca—SI�,�II.�I.� ��1I5 Sectur�ty �nstrumen� only t� mar�gage, grant and c�nvey �hat Ac�ommoda�ion Signer's �n�eres� in the F'r�perty under �he �erms af the 5ecur�ty Ins#xument; �b} is �.o� persona��y ob�iga�ed �o pay the sums se�ur�d by th�s 5ecur��y �ns�rumen�; and�c} agre�s tha�Lender and any o�her$orrov�er m.ay agree to exter�d, modify, forbear or make any acc�mmodat�ozas w�th regard to the terms of th�ts Se�urity�nstrument or�he �o��ract wz�hau��hat Accommadatzon SI�I��'�5 C4X7S�ri�. Loan Charges. if the �oan secured by �h�s 5ecuri�ty �nstrument �s suh�ec� ta a law v►�h�ch se�s maxxmum Ioan charg�s, an��ha�Iavv�s f nally in��rpreted so tha��he in�eres�ar o�h�r loan charges cal�ec�ed or ta l�e collec�ed in connec�ion vvi�h �he �oan exceed the perm��ed 1imz�s, ther�: �a} any such �oan charge sha�l be redu�e�i by �he amnun�necessary ta reduce �he charge ta the permi�ted Iimi�s and ��} any sums already co��ected from Borrower vvhich exceed�d permit�ed lzm�ts vv�l� be refunded to Borrower. Lender may choose �o ma�e �h�s refund by reducin.g �he princ�pal owed under �he Con�rac� or by making a d�rec�paymen�.to Barrower. If a r�fund redu�es pr�n�zpal,the redu�tion w�Il be trea��d as a par�tia�prepayment under�he�antract. Not�ces. Any n��ice to Barrov�rer pravided for in �his Secur�ty �ns�-umen� sha�� be g�ven by deliver�.ng it or by mailing it�y f rs�c�ass rnaz�uxaless Applicab�e Law re�u�res use of ano�her methad. The n��ice shal�be dxr�cted to the Property Address flr any o�her address Barravver des�gnate� by no�ice t� Lender. Borrower agrees �o provide Lender wzth BarraWer's most current mailing address, as i�may change from��me-�o--�ime. Ar�y not�ce to Lend�r shall be given b�f rs�c�ass maz��o Lender's address s�ated herein or any other address Lender des�gnates by natice ��B�rrflvver.Any no�ice provzded for xn�his Security��.s�rument shal�be deemed�o have beer�given��Borrower �r Lender vvhen given as prov�ded ir��.zs paragraph. �vverning Law; Severa�i�ity.This Sectu�ty Instrumen�sha�l be governed by federa��avv and�he�aw�of�he s�a�e of Nebraska. In �he even� �hat any proviszon or clause of this S ecur�ty �nstrument or the �an�rac� conflic�s wi�h App�icable Law, such cor�fiict sha�I not affec� ather pra�risz�ns of this Securzty Ins�rument or�he Cnntrac�which caza be g�ve�effec�w��haut the canfl.�cting provision. Tv th�s end the pravisions af this Security�nstrum.ent and the Contracf are d�c�ared ta he severable. Borrovver's Capy.Barrovver sha1l be given one�opy of�hi�Securi�y�nstrurnent. Q 200�#-20I5 Cvmpliance Sys#ems,Inc.$C54-3FB5-�a]5.11.3.1fl98 C�nsumer Reai Estate-Security Z�strument DL2D36 Pa�e 3 of 5 www.comp�iancesystems.corn