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201605996
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Last modified
7/24/2017 3:28:12 PM
Creation date
9/13/2016 2:40:25 PM
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DEEDS
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201605996
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2� 1 ��599� <br />� <br /> B�RR�'S�VER ��VENANTS tha�Borrower is la�vfully se�sed of�h�esta�e hereby con�reyed and has th�r�gh� to <br /> grant and�on�ey the Prap�r�y and that the Prop�rty �s ux�encumbered, exCep� far en�umbrances af re�ord. <br /> Borro�ver warrants and wi�� def�nd gen�rally th�t�ti�to the Proper�y agains� al� Claims and demands, sub�e��to <br /> any encumbrances of record. <br /> THIS �ECtIR�TY INSTRUMENT combines uniform co�enants for nat�onal us�and nan-un�f�rm covenants wi�h <br /> l�m�ted�arzat�ons��r jurisdi�ti�n to constitute a uniform security instrument cover�ng real prop�r��. <br /> . <br /> Un�farm CoWenants. Barrflwer and Lend�r cowenan� and agree as follows: <br />_ �, Payment of Pr��ncipal, Interest, Es�row itern�s, Prepayment Charges, and Late �harges, B�rraw�r <br /> � sha�l pay when due�he principa� �f, an��nterest on, the debt evidenced by the N�te and any prepa�m.ent <br /> . charg�s and�a��charges due under�he Nat�. Borrower sha�l also pay funds for Escrow Items pursuant to <br /> S�c��on�. Paymen�s due under�he No�e and this Securi�y Instrum�n�shall be made in U.S. currency. <br /> However, if any ch�ck or other�nstrurnen�rec��ved b�r Lender as payment under the Note ar th�s Security <br /> Instrument�s returned �a L�nder unpaid, L�nder may r�qu�re tha� any�r all subsequent paymen�s due under <br /> �h� Nn�e and th�s Secur��y �nstrum�nt be made in ane or mare of the fallowing farms, as s��e�ted b� Lender: <br /> �a} cash; �b}money�rder; �c}cer����ed check, bank check, tr�asurer's�heck�r cashier's eh�cl�, pro�i�ed any <br /> such check is drav�n upan an in�titutian�vhose deposzts are znsured by a federa� agenCy, �nstrumenta���y, ar <br /> entitx; �r�d} Electronic Funds Transf�r. <br /> Paymen�s are deemed�r�cexved hy Lend�r��v�aen r��ei�ed at the locatinn designated in�he Note�r at su�h <br /> o�her��cati�n as may be desxgnated by Lender zn ac��rdanc��v�th �he noti�e pravisions in S�c��on �5. <br /> Lender may re�urn an�payment or par��al payment if th�paymen�or par�ia�paym�nts are�nsuf��c�ent ta <br /> bring the Laan curren�. Lender ma� acc�pt any paymen�or part�a�pa�men� insuf�c��nt ta brin�the Loan <br /> current, withaut wa��er of any ri�hts hereunder or pre�udice�o i�s rights ta refuse such pa�men�or partia� <br /> paym�n�s �n the fu�ure, bu� Lender is not�b�z�ated ta apply such pa�rmen�s at the time such payments are <br /> accepted. If each Per�od�c Payme��t �s app��ed as flf i�s scheduled due date, then L�nder ne�d no�pay interest <br /> on unappl��d funds, L�r�der may hold such unapp���d funds unt�� Borroti�er makes payments ta br�ng the <br /> Loan�urr�n�. �f Borr�wer does not do so within a reas�nab�e per�od of t�me, Lender shal� e�ther apply such <br /> fund�or re�urn them to Borro`�er. �f n�� app�i�d ear�i�r, such funds w��� be app�ied to the autstanding <br /> prin�ipa� balance under the Note �mmed�a�e�y pr�or�o for�cl�sure, No�ffset or ciaim which Bar�nwer migh� <br /> ha�e nav�r or in the future against Lender sha�l rel�e�e Borrawer fr�m makin�payments du�under the Note <br /> and this Securit� �nstrument ar performing the c�venants and agreements secured by �his Secur�ty <br />� �ns�rument. <br /> �. Applicati�n of Payments or Proc�eds. �xcep�as �therwise de��rib�d in this Sectior�2, ai�paym�nts <br /> accep�ed and app�ied b� Lend�r shall be applied in �h�fo��aw�n�ar�er of pr�orz�y: �a} interes�due und�r the <br /> Note; �h}principal due under�he Note; �c� amounts due under S�ct�fln 3. Su�h paym�nts shal� be appl�ed ta <br /> �ach Period�c Fayment in�he order in which i�became due. Any rema�ning arnaunts sha�i be appli�d first ta <br /> late charges, second to any ather amounts due under this S��urity Instrum�nt, and then to reduce the <br /> principa� balanc�of the No�e. <br /> If Lender recei�es a pa�ment fram Borrower for a delinquent Period�c Payment vwhich �nclude� a sufficient <br /> � amnunt to pay any�ate charge due, th�payment may be appiied to the delinquent payrn�nt and th��ate <br /> charge. �f m.ore than ane Per�od�c Paymen� zs outstand�ng, Lend�r may apply any paym�nt rec�ived fr�m <br /> B�rraw�r ta the repaymen�of the Per�odic Paymen�s zf, and�o th�ext�n�that, each payment can be pa�d �n <br /> fuil. T� �he extent that ar�y excess e�ist� af�er th�payment�s appl�ed to the fu�i payment of on�or mor� <br /> Perz�d�c Payments, su�h�x���s may be app����to any late charg�s du�. Voluntary prepaymen�s shali b� <br /> app��ed f�rs��a any prepayment charge� and th�n as des�ribed in�h�Not�. <br /> NEBRASKA-5in�le Family-Fannie MaelFreddie MaE UNIF�RM�NSTRUMENT �orm 3Q28 1!0"� <br /> VMP� VMP64NE�t7 302� <br /> WQlters Kluwer Financial Ser�i�es Page 4 pf i 7 <br />
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