201602879 - Laserfiche WebLink

Browse

2� 1 ��2879 in�eres� fram the da�e �f disbursement a� the same rate assessed on advances under �he �ontrac� and shall be payable,with�nterest,upan no��ce from L�nder to Barrower reques��ng payme�.t. InSpect�nn. Lender or i�s agent may make reasonable en�rzes upon azad zns�ect�ans of the Prop�r�y. Lender sha�� give Borrovver no�ice a��he��xne of or pr�or�o an inspe��ian s�ecifying reasana�le Gause for the ins�ectian. �ondemnatifln. The pr�ceed��f any av�ard or c�aim far damages, direc�or consequentia�, �n co�r�.ec��an w��h any candem�x�atio�or o��er taking af any par� of�he Propez�y, or for conv�yance �n �zeu of condemna�ion, are hereby assigned and sha��be pa�d�o Lenc�er. , �n the even� af a �a�al taking of�he Propez-�y, the proceeds shall be applied to the sums se�ured by �his 5ecurity �ns�rurnen�., whether or no� then due, �ui�h any excess paid �a Borrower. In �he event af a par��a� takz�xg of�he Proper�y �n v�hich�he fa�r mark��va�ue nf the Pr�perty�mmedza�ely before �he taking is equal �o or grea�er�han the amoun� of the sums secur�d by �his Secur�ty �nst�u.men� immedia�ely before the tak�ng, wn.l.ess ��rrawer and Lender atherw�.se agree in wri�ing,the sums s�cured by this Securi�y Ins�rument�hal�be reduced by the amnunt�f the praceeds rnu�tiplied�y the following�iraction: �a��he�ota1 arn�ur�t of the sums secured�mmed�a�ely before the taking, divzded by �b} the fair market�a�ue of the Praperty immediately before the taki.r�g. Any ba�ance sha�� be pazd �o BarrQwer. In �he even� of a par�ial taking of�he Praper�y in v�hich the fazr mar�et va�ue of the Praperty immed�a��Iy before �he �aki�.g �s xess �han �he amount af th� sums secured immedia�e�y��fare the taking, unless Borro�ver and Lender�therwise agree in wrxt�ng or unless Applicabl�Lavv fl�her�vise provides, �he pr�ceeds sha�I be applied�o�he sums se�ured by th�s Security Ins�rumen�vvhe�her ar not the sums are�hen due. �f the Property is abandoried by Barrovver, ar if, aft�r no��ce by Lender�o Barrower�hat the�nndemnor offers �o make an a�uard or settie a c�a�m for damages, �3orrou�er fai��fl respond�o Lender wz�hin the minimum number af da�s esta�b��shed by Applicable Law af�er the da�e the no�ice zs g�ven,Lender�s aut�.orzzed ta c�Ilec�and apply�he proceeds, a� xts op�ian, either �a res�orat�on or repair of�he Proper�y or �o the sums secured by �h�s Security Iris�rument,Whether ar not then due. Unless Ler�der and B�rr�vver o�herwis� agree �n wr�t�ng, any applxca�ion af proceeds t�princ�pa� shall na�ex�end ar pos�pane the due datie of�he paymen�s due u�.der�he Con�rac��r change�he amoun�of such payments. Barrov�er Nat Re�eased; Forbearan�e By Lender Nat a Wa�iver. Extensian af the ��me far payment or madif catzon �f amortization �f�he sums secured by �his Security �ns�rt�ment gran�ed by Le�.der �o Bflrro�ver ar any successor �n zn�er�s� �f Barrovver sha�� no� operate ta r�Iease the liability vf the or�g�nal Barrawer or Borrower's successors in interest. Lender sha��no�be required to commence praceed�ngs agaznst any su�ces��r�n interes�or refuse�o ex�end txme for payment�r��herwise mod�fy amvrtiza�ian of the sums secured by�th�s S�curity Instrumen� by reason of any demand made by the origina� Borrower or Borrawer's sucGessars in �nteres�. Any forbearan�e by Lender ��. exercising any rzgh�or remedy sha�I na�be a vva�ver of or pre��ude the exercise of any righ�or remedy. Successors and Ass�gns Bound; Jo�nt and 5�verax Liabili�y; A�camm�dat�on S�gn�rs. The covenan�s and agreements Qf�his Se�uri�ty Ins�rument shall bind and benef��he successors and assigns af Lender and B�rra�ver, subj ec� ta �he prav�szons of sec�ian t��ed Transfer of the Pr�perty Qr a Berief�iai Interest �n Borr�wer. Borrawer's co�enants and agreements sha�I be j ain�and several. Any person tivha co-51.�7.S��11S S�CLI�'�.��n5��1ri1�I1� but has no personal Iiability under �he Con�rac� �"Accomrn�dation 5igner"}: �a} is ca--s�gning this 5ecur�ty Ins�rurnent only ta mortgage, grant and cvnvey that Ac�ammoda�ian Signer's interest in �he Property under th� �erms of the Security ��strument; �b} zs no� persana��y abligated �o pay �he sumS secured by �his 5ecurity �nstrument; and �c} agrees that Lender a�.d a�xy o�her Borrower may agree�a ex�end, mod�fy, forbear or make any accamm�da�ians v�zth regard to the terms of�us Security Ins�rumen�or the �o��raG�wi�haut tha�Acc�mmoda�i�n 5igner`s cansen�. Loan Charges. If�he �aan �ecured by this �ecurity �nstr�ment �s subj ec� to a �ativ which se�s maximum ��ar� charges, and that 1aW is finally z��erpreted so tha��he interes�or other laan charges co�lec�ed or to be co�lec�ed zn �annectz�n vv��h the 1Qan ex�eed #he permi��ed �imi�s, then: �a� any such I�an charge shall be reduced by the axnaunt x�ecessary to reduce�he �harge to the p�rmi�ted�I�mi�s and �b� any sums already c��ec�ed fr�m B�rrower wh�ch exceeded perm��ed �irni�s v�rz�� be refunded to B�rr�vver. Ler�der may chaose �o rna�e th�s refu�d by reducing the pr�ncipal ovved under the C�n�rac�.or by makin� a direct payment to B�rrower. �f a refund reduces princ�pal,the reduction vvill be trea�ed as a par�ia�prepaymen�under�he Contrac�. Nvt�ces. Any notice �o Barrovver provided for �n �his 5ecu�rzty Inst�-umen� shall be gi�r�n by deliverzng i� ar by mai�ing�t by firs�c�ass rna��un�ess Applicable Law requires use af ano�.her me�had. The n��ce shall be directed�a �he Property Address nr any o�her address Borrovver d�s�gna�es by notzce to Lender. Borrov�er agrees to pravzde Lender v��h Barrower's xnos� current mailing add.ress, as it may �hange from time��o-�tzme. Any na�zce to Lender sha1�b�given by first c�ass mail�a Lender's address s�ated hereir�or any other address Lender designa�es by na�ice �o Borrower. Any no�ice provzded for�n th�s Securzty Ins�rurnen�sha11 b� deemed ta have been given�� Borrovc�er or Lender when g�ven as provxded in�his paragraph. Governing Law; Severahi��ty.This S�Ctu i�y Ins�rumen�sha��be govern�d by federal lavv and the laws af the s�ate af Nebras�a. xn �he even� �hat any prQvisian or clause of this S ecur�ty �ns�rum.en� ar the C�ntrac� conflicts v��h Applicab�e Lav�r, su�h ca�flict sha�� a� affect ather pro�zs�ans of�h�s Security Instrument �r �he �on�rac�which can be g�ven effec�vvi�hau�th.e canfli��ing pr�vision. To�his end the pravxszons of th�s Security�nstrurn.e�.�and�he Contract are declared to be severab�e. B�rrower's Copy.Borrnv�rer shall be g�ven�ne c�py of�h�s Secur�ty�nstrurnen�. C��aQ4-2415 Campliance Systems,Inc.8C54-AAC�'-2015.11.3.1098 Consumer Real Esta.te-Security�nstrume�t DL��35 Pa�e 3 of S www.cvmpIiancesystems.�am