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201603023
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Last modified
7/24/2017 1:48:04 PM
Creation date
5/16/2016 12:19:25 PM
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DEEDS
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201603023
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2� 1 ��3�23 <br /> interest fr�m �he date of disbursemen� at �he same rate assessed an advances under the �ontrac� and shall b� <br /> payab�e,Wrth interest,upon no�zce from Lender�a Borr�wer requestz�.g payment. <br /> Inspection. Lender or i�s agen�may make reaso�.ab�e e�.�r�es upon and znspec��ons of�he Praper�y. Lender sha�� <br /> give Borrav�er n�tice at�he time�f or prior to an inspec�ion specxfyzng reas�nab�e cause fvr the xzaspec��o�.. <br /> Condemn.at�fln. The proceeds af any av�rard or c�azm far damages, direct or consequential, in canr�ectian with any <br /> condemnatian ar other�aking of any part of�he Proper�y, �r for conveyance in lieu af candemnation, are here�y <br /> assigned and shal�be pazd�a Lender. <br /> �n the�event of a �otal taking af the Praperty, �he praceeds shall be applied ta th� sums secured by th�s 5ecurity <br /> Znstrument, vvhe�her or n�� �hen due, wi�h any excess paid �o BarroWer. In the e�en� of a par��al taking af�he <br /> Property in which the fair market va�ue of th� ProperCy imrned�a�e�y before �he �ak�ng is equa� �a ar greater than <br /> the amaunt of the sums secured by �his Security �ns�urien� immedia�ely befare �h� �akzng, unl�ss Borrower and <br /> Lender o�herwise agree in wrz��ng, the sums secured by this 5ecurity�nstrument sha�1 b�reduced by�he amau�.�of <br /> �he praceeds mu�t�p�xed by�he fallavving fraction: �a}�he�o�a� amaun�of�he sums secured immedia�ely before the <br /> taking, dzvided by �b} the fair market va�ue af the Propert� xmmedia�ely befare the �aking. Any balance sha�I be <br /> pa.zd �a Borro�w�r. In the even� of a partial �aking flf the Pr�per�y in wh�ch the fa�r market value of�he Property <br /> immediately before �he fiaki.ng �s �ess than �he amoun� of�h� sums secured immed�ately befnre �.� tak�ng, ur��ess <br /> Borrower and Lender�therwise agree �n wrz�ing or un�e�s Applicable Lavv a�herw�se provides, the praceed� shal� <br /> be applzed to the sums secured�y�h�s Security�nstrumen�u�he�her or not the sums are�hen due. <br /> xf�he Praperty zs abandoned by Borrower, or if, after notice by Le�.der t� Barrov�rer�hat the�ondemnar offers to <br /> mal�e an award or set�ie a claim far damages, Borrower fa��s to resp�nd to Lender w��hin�he minimum numb�r�f <br /> days es�ab��shed by App�icable Lavv after the da�e�he n�tzce xs g�ven,Lender is authorized�o collect and app�y the <br /> proceeds, a� i�s optzan, either �o res�ara�zon or repair af�he I'roper�y or �o �he sums secured by �his Secur�ty <br /> �ns�rum.ent,whether ar n�t then due. <br /> Unl�ss Lender a�d Borr�wer��herwise agree in wri�ing, any applica�ion of proceeds to prir�cipa� sha��no�ext�nd <br /> or pas�pone the due date of the payments due und�r the Con�ract or change the amount of such payments. <br /> �3orr�wer Not Released; Forbearance By Lender No� a Waiver. Ex�ensi�n ❑f the �irne f�r paymen� ar <br /> modif ca���n af amortz�atior� of the sums secured by thzs S�curity Ins�rume�.� gran�ed by Lender ta B�rrower or <br /> any successar �n in�eres� of Borrovt�er sha�� no� op�ra�e fio release �he Iiab��zty of the flr�gina� BorroWer or <br /> Borrov�er's successors �n�n�eres�. Lender shall not�ae requ�red to commenc�proceedings aga�nst ar�y successor�n <br /> xnterest or refus��o extend time for payment ar�therwise mndify amor�zzation of the sums secured by this Securi�y <br /> �n�trumen� b�r reason of any demand made by �he original BorraWer or Barrnv�er's successars in �nterest. Any <br /> forbearance by Lender in exerczs�ng any r�ght or�-emedy sha��not b� a waiver �f or prec�ude �he exercise af any <br /> right ar remed�. <br /> Successars and Assigns Bound; Jv�nt and 5�vera� Liability; A�cammodatian Signers. The cavenan�s and <br /> agreemen�s of�his Se�urity�nstrument shail bind and benefz�the suCces�ars and assigns of Lender and Borrawer, <br /> subj ec� to the provisians nf sec�i�n t��1ed Tran�fer of the Praper�y or a Benef��iai Interest �n B�rrovver. <br /> B�rrovver's cavenants and agreernen�s shall be j ozn�and severa�. Any person tivho co-signs�his Secur�ty Tns�rument <br /> bu� has n� persanal �xabili�y under �he �ontrac� �"Accomm�da��on 5�g�er"}: �a} �s co-signing this 5ecur�ty <br /> Ins�rument only to martgage, grant and convey that Accomm�dation Signer's �nterest in the Praperty under �he <br /> terms af �he Security �ns�rumen�; �b} is no� persona�ly �biiga�ed �a pay �he sums secured by this Secur��y <br /> �ns�rument; a�.d �c} agrees tha�Lender and any��her Borrower may agree�o ext�nd, m�dify, forbear ar make any <br /> accommoda�ions wi�h regard to the terms of�his Se�uri�y�ns�rumen��r�he �on�rac�w�thaut�ha�Ac�ommoda�ion <br /> SI.�lE�"�5 Ca�l.S�ri�. <br /> Loan Charges. �f�he loan secured by thxs Security Ir�strument �s subject to a law Which se�s naaximum �oan <br /> charges, and that Iaw�s finally in�erpre�ed so�hat the interes�or other loan charges c�I�ected or�o be collec�ed�n <br /> cann�c�ian wi�h �he loan exceed �he perm�tted limx�s, �hen: �a} any such �oan charge shall be reduc�d by �he <br /> amount necessary to reduce�he charge�o the permit�ed ��mi�s ar�d�b} any sums a�ready co��ec�ed fram Borr�,t7ver <br /> whz�h �xceeded perrn�tted iimits w�tl be refu�aded ta Barrower. Lender may choase to mak� �his refund by <br /> reducing tih.e pr�ncipa� �tived under�he Co�.trac� or by making a d�xect paymen��o Borr�wer. �f a refund reduces <br /> princ�pa�,�he reduction,wi11 be�rea�ed as a par�ia�prepaymen�under�he ContraC�. <br /> No�xees. Any notzce �a Borrav�er prov�ded for �n �h�s 5ecur�ty Instrumen� shall be given by deiiverin� �� or by <br /> mailing i�by first class mai�unless App�icable Law requires us�of ano�her rn.e�hod. The n�tice shall be d�re�ted to <br /> the Property Address �r any oth�r address Borravacr designates by not�ce �o Lender. Barro�v�r agrees ta pr�vide <br /> Lender�v�th Borrov�er's mos��urrent mail�ng address, as �t may change fram�ime�to-tzme. Any no�ice to Lender <br /> shall be g�ven by firs�class ma����Lender's address stated herein Qr any o�her address Lender d�signates by natzc� <br /> �o B�rrflwer.Any na�ice pravided for in�his 5ecurity Instrument shall be deemed to have been g�ven�o Borrovver <br /> ar Lender when g�ven as pro��ded in�h�s paragraph. <br /> Gav�rning Law; Severab' 'ty.Th�s Security�ns�runa.ent shal�be governed by federa��aw and the�avas of�he s�a�e <br /> af Nebraska. �n th� e�vent tha� any prflvisian or clause of�his Secur�ty Instrument ar �he �ontrac�. c�nfl�cts vvi�h <br /> App�ica��e Lavsr, such c�nfl�ct shall no�affect o�her provzs�ans of�h�s Securzty Instrum��� or th� Con�ra�t which <br /> can be given effec�vvi�hout the can�zc�ing provision. Ta�his end the prov�sians af fhis Secur��y Ins�rumen�and�he <br /> �on�ract are declared�o be severable. <br /> Bflrrovver's Copy.Barrawer sha�l be given ane copy of�hzs Se�uri�Instrument. <br /> p 20�4-20I 5 Compliance Systems,Inc.SC54-FD 1 F-2�15,t I.3.1�98 <br /> Consumer ReaI Estate-Security Inst�rument DL2D3fi Pag�3 af 5 www.�ompliancesysterns.carn <br />
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