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201604135
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Last modified
7/24/2017 2:27:32 PM
Creation date
7/5/2016 12:56:48 PM
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DEEDS
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201604135
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2� 1 ��4135 <br /> Any am�un�s disbursed by Lender under �h�s sectzon sha�l become additiona� �ebt Qf BorrQwer secured by this <br /> Secur�ty �ns�rume��. Unless Borrower and Lender agree t� other terms of paymen�, these amoun�s shall bear <br /> zn�eres� frarn the date of disbursemen� at �he same ra�e assessed on advances under the Con�ract and shal� be <br /> payable,w��h in�erest,upan natz�e fr�m Ler�der�o Borrawer reques�ing paymen�. <br /> Inspe�tion. Lender ar i�s agen�may ma.�e reas�nab�� en�rzes upon and �nspec��ons of the Praperty. Lend�r shall <br /> g�ve Borrower not�ce at the��me of or pri�r ta an inspect�on spec��yxng reasonable cause far�he inspectian. <br /> Condemnat�an. Th�proceeds af any award flr claim far damages, dzrect or cansequent�a�, in conne�tion w��h any <br /> con�emnat�on�r other�aking of any part of�he Property, or for c�nveyance in lieu af condem�.at�on, are hereby <br /> assigned and sha�l be paxd�o Lender. <br /> In th� even� of a �o�a� tak�ng of the Property, the praceeds shall be applied �� the sums secured by this Securzty <br /> Instrumen�, wh��her or nat �hen due, wi�h any ex�ess pa�d tn Barrower. In the event of a par��al tal�ing af the <br /> Property �n whzch the faar xnarke�va�ue of the Property imm�d�a�e�y before �he taking is equa�ta ar grea�er than <br /> the amaun� of the sums secured by �his 5ecur��y �ns�rument immedia�.e�y b�fare �he �ak�ng, unless BorroWer and <br /> Lender otherwi�e agree in wri�zng,�he sums secured by this 5ecurity Ins�ru.men�shal�be reduced by the amoun�of <br /> the proceeds mul��plied by�he follov�ing firac�ran: (a}the�o�al axnount of�he sums secu.r�d imrned�ately before the <br /> taki.ng, divided by �b} the fa�r marke�va�u� af�he Proper�y�mumedia�ely�efare the �aking. Any ba�anc� shall be <br /> paid to Borrflvver. �n the even� �f a part�a� �a��ng of the Property in which �he fair marke�va�ue of the Praperty <br /> imrned�a�ely before the �aking �s Iess than the amoun� af the suxns secured �mmedia�ely before the �ak�ng, unless <br /> B�rrower ar�d Lender otherwxse agree zn wrz��ng or unless Applicable Lavv atherwise prav�des, the proceeds sha11 <br /> be app��ed to�h.�sum.s secured by this Securi�y Instrumen�whe�her or no��he sums are the�.due. <br /> Zf the Property�s aba�.daned by Borrower, or if, after no�ce by Ler�der�� Borrv,wer�hat�he condemnor offers to <br /> make an avvard ar set�le a claim for damages, Borrower fails�� respond�� Le�.der�v��h.in�he min�mum number of <br /> days es�ablished by App�icable Lavv after�he date�he n���ce�s g�ven,Lender�s authar�z�d��co��e�t and app�y the <br /> proceeds, a� i�s op�i�n, e�ther �to restoration or repair af the Proper�y or to the sums secured by �his Securz�y <br /> Instrument,v�hether or no�then due. <br /> Unless Lend�r and B�rrower o�herwise agree in wr��ing, any applica�ion af proceeds t�principal sha�I nat ex�end <br /> ar pos�pone�he due date of the payments due under the Con�rac�or change the amaunt af such paymen�s. <br /> Barrower Not Released; Forbearance By LQnder Nflt a �ai�er. Ex�ensian �f the t�me for paymen� flr <br /> modif�cation of amor�iza�ian of�he sums secured by thzs Secur��y Ins�-umen� gran�.ed by Lender to Borrower or <br /> any successor �n ��.�erest of Bvrrower shall na� apera�e �� release the Iiabi�ity of �h� orzg�na� B�rrower or <br /> B�rrawer's successors in in�eres�. Lender shall not be requzred tifl commen�e praceedings aga�nst any successor in <br /> znteres�ar refuse�o ex�end�ime for payment ar o�herwzse modify amor�ization of�he sums secured by�h�s 5ecur�ty <br /> Znstrumen� by reasan af any demand made b� �h� orig�na� Barro,wer ar Borr�wer's successors in interest. Any <br /> forbearan�e by Lender zn exerc�s��zg az�y right ar remedy shall na�be a vva�ver of or prec�ude �he exercise of any <br /> righ��r rernedy. <br /> Successors and Ass�gns Bound; Join� and S�vera� I.�xabx��t�; Ac�ammadativn Signers. Th� covenants and <br /> agreements �f�h�s Securzty�ns�rumen� shall bind and benef�the success�rs and assigns of Lender and Borrower, <br /> sub�ec� �a �he prav�s�a�as af section �i�Ied Transfer af the Property or a Bene�cia� In�ere�t �n Borr�wer. <br /> Borrower's covenan�s and agreements sha��be j ain�and several. An�person wha co�-szgns this Security�nstrumen� <br /> bu� has n� pers�nal 1�ability uri.der �he Con�ract �"Accamumodat�o�. S�gner"�: �a� is co-s�gning th�s Securfty <br /> Ins�rumen� on�y t� mar�gage, gran� and corivey that Ac�ommQda��on Signer's in�erest �n �he Property under �he <br /> �erms of the 5ecurity Inst�ument; (b� �s no� personally ob�iga��d to pay �he sums secured by �h�s Securz�y <br /> �ns�rument; and �c� agre�s�ha�Lender and any ather Borrower ma�agree�a ex�end, rnadxfy, farbear ar make any <br /> acc�mmadatz�ns�with regard�o�he terms af this Security Ins�rument or the �antrac�w�thout�hat Accommodation <br /> Sxgner's consen�. <br /> Loan Charges. xf�he �aan s�cured by this Secur�ty �ns�rument is subj ec� to a �avv �uhich setis ma�imum �aan <br /> charges, and�hati�aw is f nall�in�erpreted s� �ha��he in�eres�or other laan charges co�lec�ed or�o be c�Ilected in <br /> connec��on w��h th� I�an exceed �.he permi���d 1imi�s, then: �a} an�r such loazx charge sha�l b� reduced by �he <br /> amou.��necessary to reduce �he �harge to �he permi.tted�zmzts and �b} any surn.s already c�llected from Borr�wer <br /> v�rh�ch exceeded permitted �imi�s uri11 be refunded �o Borrawer. Lender may choose �n make �h�s refund by <br /> reducing �he princ�pal owed under�he Con�ract or by mak�ng a di.rect paymen�to B�rrower. If a refund reduces <br /> principa�,�he reduct�an vvil�be�rea�ed as a par�ial prepayment under the�ontrac�. <br /> Natices. Any not�ce �a F3orrovv�r provzded for in this Secur�ty Instrum�nt shal� he g�ven by de��ver�ng i� ar by <br /> ma���ng��by firs�class maz�unless Applicab�e La�w requ�-es use of ax�ather me�hod. The n��ice shall be d�rected�o <br /> �he Praperty Address or any a�her address BorroWer designa�es by notice t� Lender. Borrovv�r agrees ta pravide <br /> Lender with Borrotiver's mast curren�mailing addre�s, as i� may change from�ime-t�--�ime. Any natice t� Ler�der <br /> shall be given by firs�class m.a���o Lend�r's address stated herein ar any a�her address Lender designa�es by n�tice <br /> to Borrov�rer. Any notice prov�ded f�r in this 5e�uri�y Instrumen�sha1l be deemed ta have been g�ven tfl Barrotiver <br /> or Lender when given as provided in this paragraph. <br /> Governing Law; S�verabi�ity.This Secur�ty�ns�rument sha�1 be gaverned by federa��avv and the�aws af the state <br /> af Nebraska. In the ever�t that any pr�v�s�on or clause of�.his S ecurzty �nstrument or �he Con�rac� confl�c�s vvith <br /> Appl�cable Law, su�h cor�flz�� sha�l not affec� o�her prov�sxons of�his Security Instru�ment or the �ontract which <br /> car�be given effec�,withou�the conf�ic�ing prov�sion. Ta�his end�he provisions af this Security�nstrument and the <br /> Gantract are declared�o be se�erable. <br /> 0 2�04-2a15 C�mptiaz�ce Systems,In�.8C54-4AE7-2�I5.11.3.1�98 <br /> C�nsumer Real Estate-Secezr�ty Instrument DL2�35 Pa�e 3 af 5 www.cvrnpfiancesystems.carn <br />
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