My WebLink
|
Help
|
About
|
Sign Out
Browse
201603120
LFImages
>
Deeds
>
Deeds By Year
>
2016
>
201603120
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2017 1:51:36 PM
Creation date
5/19/2016 11:21:01 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201603120
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
18
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
2� 1 ��312� <br /> Any amoun.ts disbursed by Lender under this Section 9 sha11 become additi�na�debt of�arr�wer secured by <br /> this Security Instrument.These amounts shall bear�nterest at the Note rate from the date of disbursement <br /> and sha�l be payab�e,wi�h such i.n�er�st,ugon notice fram Lender to�arrow�r re�uesting payment. <br /> If th�s S�curity Instrum�nt is an a leaseho�d,Borr��ver shall compl�with all the gr�visions of the�ease. If <br /> Borrower acquires fe�title ta�he Property,the leasehold and the fee tit�e sha11 n.o�merge unless Lend�r <br /> agrees ta the merger in writing. <br /> 'I�. Mort�ag�e Insurance.If Lender required Mortgage In.surance as a c�ndition af making the Loan, Borrower <br /> shall pay the prem�urr�s required to maintain the Mortgage Insurance in�ffect. If, for any reasofl,the <br /> Mor�gage Insurance co�erage required by Lender cease�to be available from the mor�gage insurer that <br /> pre�ious�y pr�vided�uch insurance and Borro�ver was required ta make separately designated pa�m�nts <br /> to�vard the premiums for Martgage Insurance,Borrower shal�pay the�remiums required to obta�n covera�e <br /> substantially equiva�eat�o the Mor�gage Insuranc�pre���us�y in effect,at a cost su�s�antially equivatent to <br /> the cos�t�Barrower of�he Mortgage Insurance previously in eff�ct, from an altema�e mortgage insurer <br /> �selected by Lender. If substantia�Iy�qu�valent Mortgage Insuran�e co�erage is not a�a�Iabl�,Borrawer shall <br /> continue ta pay to Lender the amount vf the separately d�signat�d payments that were du��hen the <br /> insurance coverag�ceased to be in effect. Lender�ri1�accept,use and retain thes�payrnents as a <br /> non-refundable loss reserve in lieu of M�rtgage Insuranc�. Such loss re�er�e sha��be non-refund�ble, <br /> notwi�hstanding the fac�th�.t the Loan is ut��mately paid in fu�l,and L�nder shall not be r�qui.red to pay <br /> Borro�uer any interest or earnings on such 1�ss reserve. Lender can no longer require loss reserve payments <br /> if Mortgage�nsurance co�erage(in the amount and far the period th�t Lender requires)pravided by an <br /> insurer se�ected by Lender again becomes availa��e, is o��ain�d,and Lender requires separate�y desrgnated <br /> paymen�s toward the premiums for Martga�e Insurance. If Lender required Mortgage Insuranc�as a <br /> condition of making the Loan and Borro�ver was required to make separa��ly designated payments to�vard the <br /> premiums for Mortgag�Insuran�e,Borrawer sha1�pay the pr�mium�required to maintain Mor�gage <br /> Insurance�n eff�ct,ar�o provide a non�refundab�e loss res�r�re,until L�nder's requirement for Mortgage <br /> Insurance ends in accardance with any writt�n agreement between Borrower and Lender providing for such <br /> term�nation or unt���erm�nation is required by App�icable La�v.Nothing in thi�Seetion. ��affects <br /> Borrotiver's obt�gation to pay interest at�he rate provided in the N�te. <br /> Mortgag�Insurance reimburses Lender(or any entity that p�rchases the Note}far c�rtain losse�it may incur <br /> if Borro�rer does nvt repay�he Loan as agreed.Borrower is not a party to the 1V.�ortgage�nsurance. <br /> Mortgage insurers evaluate their tv�al risk fl�aIl su�h insurance in#'orce�r�m time to time,and x�a}���te�r <br /> in�o agreem�nts with o�her parties that share or modify their risk,or reduce l�sses. These agree�nents ar�on <br /> terms and conditions th�t are sa�isfactory ta the mortgage�nsurer and the ather pa�rty(or parties}to these <br /> agreements. These agreements may require the mortgage insu.rer to make payments using any source of funds <br /> that the mortgage inst�.rer may have available�which may inc�ude funds obtained from Mortgage Insuran�e <br /> premiums). <br /> As a resuit of�hese agreements,Lender,any purchaser of the Note,another i�surer,any reinsurer,any <br /> other entity,or any affiliate Qf any of�he for�gaing,may recei�e(directly ar indirectly)amaunts that <br /> derive from(or might b�characterized as)a portion of Sorrower's payments fvr Mortgage Insurance, in <br /> exchange for sharing or rnodifying�he mortgage insurer's risk,or reduc�ng losses. If such agr�e�nea� <br /> provid�s that an affiliate of Lender takes a shaxe�f the insurer's r�sk�n exchaage for a share of�he <br /> pre�niums�a�d to the insur�r,t�e arra�geme�at is often termed"captive reinsurance,"�rurt�.er: <br /> q�3353985�74 4�33 354 4917 <br /> NEBRASKA-Single FamiEy-Fannie MaelFreddie Mac UNEFORM iNSTRLIMENT VIIITH MERS Form 3028 11D9 <br /> VMP� VMPBA(hIE}[13fl2�.44 <br /> Wo�ters Kluwer Flnanci�al Senrices Page 9 of�7 <br />
The URL can be used to link to this page
Your browser does not support the video tag.