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201603432
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Last modified
7/24/2017 2:02:34 PM
Creation date
6/2/2016 1:54:41 PM
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DEEDS
Inst Number
201603432
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, 2� 1 ��3432 <br /> whose deposits are insured by a federa�agency,�nstrumentality,or entity;or�d}Electrvnic Funds <br /> Transfer. <br /> Paymen�s are deemed rece��ed by Lender when recei�ed at the�ocat�on designated in the Note or <br /> at such vther l�ca�ion as rnay be designated by Lend�r in accordanc�with the notice pr�vis�ons in <br /> Sect�on 15.Lender may return any payment or partial payrnent if the payment or partial payments are <br /> insuff�cient to hring the L�an current. Lender may accept any payment vr partial payment insuf�icient <br /> t�bring the Loan current,without waiver of any r�ghts her�under�r prejudice to its rights tv refuse <br /> such payment or par�ial payments in the future,but Lender is not obligated to apply such payments at <br /> the time su�h payments are accepted. If each Periodic Payment is applied as of its sch�duied due date, <br /> �hen Lender need nflt pay interest on unapplied funds.Lender may hald such unapplied funds until <br /> Borrower makes payments to bring the Loan current. If Borrower does nat dv so within a reasonab�e <br /> per�od of time,Lender shal�either apply such funds or return thern to Borrower.If nvt applied earlier, <br /> such funds will be applied to the�utstanding principal balan�e under the Note immediate�y priar <br /> to f�reclosur�.N��ffset or claim which Barrower rnight have now or in the future against Lender <br /> sha11 relieve B�rr�wer from making payments due under the N�te and this Security Instrument or <br /> performing the co�enants and agreements secured by this Security Instrument. <br /> 2.Application �f Payments or Proceeds. Except as otherwise described in this 5ectivn 2, <br /> all payments accepted and applied hy Lender shall b�applied in the following order of priority: <br /> (a}interest due under the Nate; �b}principal due under the Note; (c}amounts due under Section 3. <br /> Such payments shall b�applied�o each Peri�dic Payment in the order in which it became due.Any <br /> remaining amvunts shall be applied first to late charges,sec�nd to any vther amounts due under�his <br /> Security Instrument,and then to reduce xh�principal balance af the Note. <br /> If Lender receives a paymen�from Borrower for a delin9uent Peri�dic Payment which inc�udes a <br /> suff'icient am�unt to pay ar�y late charg�due,the payment may be applied to the delinquent payment <br /> and the�ate charge.If more�han one Periodic Payment is outstanding,Lender may apply any payment <br /> received from Barrawer to the repayment of the Periodic Payments if,and to the extent that,each <br /> payment can be paid in full.To the extent that any excess exists after�he payment is applied tv the <br /> full payment of vne or more Peri�dic Payments,such e�cess may be applied to any late charges due. <br /> Voluntary prepayments shall be applied first�a any prepayment charges and then as described in th� <br /> Note. <br /> Any applxcat�on of payments,�nsurance proceeds,�r Miscellaneous Proceeds to prin�ipal due under <br /> the Note shall not extend or postpane the due date, or chang�the arnount,of the Periodic Payments. <br /> 3. Funds f�r Escr�w Items. Borrower shall pay to Lender on the day Perivdic Payrnents are <br /> due under the Note,until the Note is paid in full,a sum�the"Funds"}�a provide f�r payrn�nt of <br /> amounts due far: (a}taxes and assessments and�ther items which can attain priority over this Security <br /> Instrument as a�ien or encumbrance on the Property;�b}leasehold payments or grvund rents on <br /> the Property,if a,ny; (c)prem�ums for any and all insurance required by Len�er und�r Section 5; <br /> and(d}Mortgage Insurance premiums, if any,or any surns payable by Borr�wer t�Lend�r in lieu <br /> �f the payrnent of Mortgage Insurance premiums in accordance with the pro�isions of Section 1�. <br /> These iterns are cailed"Escrow Items."At origination or at any time durin.g the term of the Loan, <br /> Lender may requ�re that Community Association Dues,Fees,and Assessrnents,if any,be escrvwed <br /> HCF�-OD359 <br /> NEBRASKA-5ingle Famiiy-Fann�e MaelFreddie Mac UNIF�RM 1NSTRUMENT Farm 3Q28 1ID� <br /> VM P� 1 Q115 <br /> Wolters Kluwer F�nanc�al Sernces 2�1 fi051815 3 2 35Q9-rJ2D151 D3QY Page 4 of�7 <br /> � g � <br />
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