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201604797
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Last modified
7/24/2017 2:49:16 PM
Creation date
7/28/2016 9:17:28 AM
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DEEDS
Inst Number
201604797
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2� 1 ��4797 <br /> LC3AN#: "I$1 S2�5S22 <br /> amount of the sums se�ured �mm�diately before the partial taking, destructian, ot�I�ss �n va�ue, unless <br /> gorrower and Lender otherwise a�ree in writing, the Miscellan�ous Proceed� shall be app�ied �o the <br /> sums se�ured �y this Securi�y Instrument whether�r not�he sums are then due. <br /> �f�he Prvpe�ty is abandoned by Bo��awer,or if,after notice by Lender to Barrower that the�pposing <br /> Party�as de�ined in the next sentence}�ffers to make an award to s�tt�e a claim far damages, B�r�awer <br /> fa��s to r�s�ond to Lender vvifh�n 3�days after the date the natice is gi��n, Lend�r is au�hori�ed to collect <br /> and apply th� M�scellaneaus F'r�ceeds either �o �estoratian or r�pair o� the Property or �o the sums <br /> secured by this S��ur'tty Instrument, whethe��r not th�n due, "�pposing Party" m�ans the th�rd party <br /> that ow�s Bor�owe� Misce�ianevus Proceeds or the party against whom Borrower has a right of actian <br /> �n rega�d to M�scellane�us f'rv�eeds. <br /> Bvrrower shall be in defaul� if any activn ar pr�c�eding, whether�ivil �r criminal, is begun that, in <br /> Lende�'s�udgment, could �esult in fvr�eiture �f the Prope�ty ar other material impa�rment of Lender's <br /> interest in th� Property�r rights under this Security lnstrument. Bvrr�wer can cure such a d�fau�t and, <br /> if acceleration has occurred, reinstate as pro�ided in Section �9, by causing #he action v�proceeding <br /> to be dismissed with a ruling �hat, in Lender's judgment, pr��ludes �orfei�ure of�he Prop�rty or other <br /> matsrial �mpairment of Lender's inter�st in the Praperty or rights under this S�curity instrumen#. The <br /> praceeds of any award ar clairn for damag�s tha�are at�r�butable ta the impairment of Lender's inter�st <br /> in the Praperty are he�eby assigned and shal� be paid ta Lend�r. <br /> Ali M�scel�aneous Praceeds th�t a�� not app�ied to restorat�on or repair �f the Prop�rty shall �e <br /> app�ied in the order pr�vided for�n Sectian 2. <br /> 12. Borrawer Not Reieased; Forhearance By Lender Not a V11ai�er. Exten��on af the time for <br /> payment vr modificatian of amortization �f the sums se�ured by this �e�urity tnstrument grant�� by <br /> Lender to Bo�rower or any 5u�cessor in �nterest of 8nrrowe� shall nvt operate ta release the liabt�i�y � <br /> �f Bo�rawer or any Successvrs in Interes� of Borr�wer. Lender shall n�t be requ�red to commer�ce <br /> proceedings against any �uc�essor �n �nterest of B�rr�w�r o��o refuse to extend time for payment o� <br /> otherwise modi�y ama�tizat�vn of the sums secured by this Secu�ity Ins#rument by reason of any demand <br /> made by th� origina! Borrawer❑r any Successvrs �n �nterest of Borrower. Any for�earance by Lender <br /> in exercising any right or r�m�dy including, withau� limi�ati�n, Lender's acGeptance of payments fram <br /> �hi�d persons, entities or Succ�ssors in lnterest o� Borrower or in amaunts l�ss �han th� amaunt then <br /> �ue, sha11 nat be a waiv�r of or preciude th��xercise af any right or rem�dy. <br /> 13. Jointand Se�eral Liability;Co-signers;Successors andAs�igns Baund.B�rro�nrerc��enants <br /> and agrees that Sorrower's ab�igations and �iability shall b���int an� s��e�a�. Howe�er, any Borrower <br /> whv ca-signs this 5e�urity Instrument but does not ex�cute the Note�a"co-sEgner"}:�a}is co-signing this <br /> Secu�ity Ins#rument an�y t� martgage, grant and �onvey the cv-signer's inte�est in the Proper�y under <br /> the #e�ms of thrs Security lnstrument; �b} is not personally abligated tv pay the sums se�ur�d by this <br /> Security �nstrument; and �c} agrees tha� Lender and any other Bor�ov�rer can a�r��#a �xtend, modi#y, <br /> forbea�or make any ac�ommodations wi�h regard to the �e�ms of this Secur�ty lnstrumen�or the N�te <br /> withvut the co-signer's c�nsen�. <br /> Subje�t to th� pr��isians vf Sectian 18, any Successo� �n I n#erest of Bo�rower who assumes <br /> B�rrower's abligatians under this 5ecurity Instrument in wri#ing, and is appra�ed by Lender, sh��!ob#�in <br /> all vf 8orraw�r's ri�hts and ben�fits under this Security Inst�ument. go�rower sha��n�t be released f��m <br /> Borrower's abligati�ns and Iia�ility under this 5ecurity lnstrumen�unless L�nder ag�e�s to such releas� <br /> in writing. The covenants and ag�eemenfis o�this 5�curity �nstrument shal� bind �exc�p�as p�o�rded in <br /> Section 2a}and benefit the successors and assigns of L�nder. <br /> '14. Loan �harges. Lender may charg� B�rrawer f��s for se��i�es perfo�med tn connection with <br /> Bo�rvwer's defaulf, �or the purpose o�pr�tecting Lender's int�r�st in the Prap�rfiy and r�ghts under�his <br /> Security lnst�umen�, including, but not limit�d to, attarneys'fees, p�op�rty inspect�on and valuation fees. <br /> In regard tv any other fees, the absenc� o� expr�ss authorify in thts Se�ur�ty lnstrument �o charge a <br /> specifi�fee t�6vrrower sha�l not be construed as a pr�hibi��vn�n the�harging of such fee. L�n�er may <br /> nat charge�ees tha�are�xpress�y prohibited by this Se�uri�y lnstrument or�y Appii�able Law. <br /> lf th�Laan is su�ject to a�aw�rvh�ch sets maximum loan cha�g�s, and#hat ia�rv is fina�iy interpreted <br /> so that the int��est ar other laan charges collected or t�be coilected in cvnne�ti�n wi�h the Loan exce�d <br /> the permitted limits,then: �a}any su�h loan cha�ge shall�e reduced by the amaunt necessary t�reduce <br /> the charge to the p�rmit�ed iimit; and �b} any sums already ca�lected �r�m Borravver which exceeded <br /> permi#t�d limits will he refunded to Bar�vwer. L�nd�r may �hoase�o make this refund by reducing the <br /> principal owe� under the Nate vr by m�king a d�rect payment to Barrower. If a refund reduc�s princip�i, <br /> the r�du�tion wi�� be tr�ated as a partial prepayment wit�out ar�y prepayment charge �whether or not a <br /> �repayment charge is provided far under th� Note}. So�row�r's acceptance of any such refund made <br /> by dir��t payment to Borrower wiil cansti�ute a irvaiver of any rEgh�of action Borrflwer might hav�arising <br /> aut of such overcharge. <br /> '15. Natices.All nvtices gi�en by 8orrowe�vr L�nder in cannection with this Security Instrument must <br /> be�n writing.Any n�tice ta Borrower in c�nn�c�ion with this Secur�ty�nstrument shall be��emed to have <br /> been gi�en to Borrow�r when mai��d by firs�class mail or wh�n actu�l�y d��i�ered ta Sorrower's notice <br /> address if sen�by ath�r means.No�ice to any one Borrower shall constitute no#i�e ta a!�Sarrowers unles� <br /> Ap�lica�le Law expressly requires atherwis�. The na�i�e address shali be the Property Address un�ess <br /> I n itia� : ..�,,.���... <br /> NEBRASKA--Singl�Family--Fannie Mae�Freddie IVlac UNIFDRNi�NSTR�111iEN7 Form 3�28 11�'i <br /> EiCEe Mae,Enc. Page S of�1 NEE�EED �3�5 <br /> NEEDEED�CLS} <br /> Y ■ r ■■�■ <br /> ■ <br /> ■ <br /> .1` <br /> � <br />
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