201606058 - Laserfiche WebLink

Browse

2� 1 ��58 zn�erest from �he da�e of d�sbursemen� a� the sam� rate ass�ssed on advances under �he �ontrac� and shall be payable,vvith zn�eres�.,upan no#ice frnm Lend�r�o Borrower requestzng paymen�. InSpection. Lender �r �ts agent may make reasonable en�r�es upon and inspections af�he Proper�y. L�nder shal� gzve Borrower noti�e a�the��me af ar przor ta an inspection specifying reasonab�e cause for the znspectzaz�. Condemnat�an. The praceeds af any award or claim for damages, d�rect ar consequentza�, xn connec�ion vvi�h any �andemna�ion or ��her�aking of any par� of�he Property, or for conveyance in lieu nf candem�aa�z��, are hereby ass�gned and shal�be pazd�o Lender. �n �he even� of a �otal taking of�he Property, the proceeds sha�� be applzed to the sums secured by th�s Security Ins�rumen�, whe�her or n�� then due, wi�h any e�cess paid to Barrower. In th.e event of a paxtza� tak�ing af�he Proper�y �n wh�ch the fa�r marke�va�ue of�he Property�mmed�ate�y bef�re the tak�ing zs equal ta or grea�er�han the amoun� o f�he sums se cuared by �hi s S e curi�y �nstrument �mume d�ate�y b efore �he �a.k�ng, unI e s� B arr�w�r and Lender o�herwise agree in wri�ing,the sums secured by this Security�nstrumen�shall�e reduced by�he amoun�of �he praceeds multiplied by�h�fa�Io�ving fraction: {a�the�o�a� amaunt�f the sums secured imrnedzate�y before the �aking, divided by ��} the fair mark�t vaXue �f�he Property znamedzately bef�re the takir�g. Any balance sha11 be paxd �o �3orrau�er. �n the eventi af a par�ial �akzng of the Propez-�y �n Wh�ch the fair market value of�he Property immedia�ely before �he taking �s �ess than th� am.�unt �f the sums secured immedia�e�y before the tak�ng, un�ess Barrotiver and Lender otherwise agree �n wr�t�ng�r un�ess Applicable Lavv otherwise pravides, the proce�ds shal� be app�ied ta�he sums secured by th�s Securz�y Instrument wheth�r or not�he sums are�hen due. If�he Propez�ty�s abandaned hy Borrovver, or�f, after notzce by Lender�o BarroWer�hat the condemnor offers tn make an a�vard or set�le a clarm for damages, Barrower faFls�o respond�o Lender�r►r��hzn�he minzmum number�f days established by AppX�cable Law after the date the na��ce xs given,Lender is au�hori�ed ta co��ec�and apply�he praceeds, a� ��s �p��on, ei�her �o restora�z�n or r�pa�r vf the Proper�y �r to �he sums secured by �his Se�urity Ins�rumen�,vvhether or no��hen due. Unless Lender and Borrawer o�herwis� agree in wr�ting, an�r appli�a�ian af pro�eed�to principal shall no�ex�end or postpone�he due da�e of�he paymen�s due under�he�an�ract or chang�the amoun�of such paymen�s. Borrower N'�t l�e�ea5ed; Forbearanee By Lender N�t a �a��er. Extensi�n flf th� time for payment or mad�f cat�on of amor�izat�on of�he sums secured by th�s Security Ins�rumen� granted by Lender �o �arrower ar any successar in in��re�� of Borrower sha1� n�� aperate ta rel�ase �he ��abi��ty of �he original Borrou�er or Bflrrower's successars �n�n�erest. Lender sha��n�t be required t�commence proceed�n�s aga�nst any successor in �n�eres�or refuse ta ex�end�ime for paym.ent�r o�herwise modzfy amor�ization�f�he sums secured�y th�s 5�curity �ns�rument by reas�n nf any demand made by �h� original Borrower ar B�rr�wer's successors in i�terest. Any forbeara�ace by Lender�n e�ercising any r�gh� or remedy sha��no�be a v�aiver af�r preclude the exerCzse af any righ�or remedy. Suc�essors and A�signs �3Qund; Jo�int and Several L�ab��ty; Accommodat�an Signers. The covenan�s and agreemen�s af this Securx�y Instrument sha11 bind and benefit th� successars and assigns af Lender and Borrov►�er, subj ec� t� �he prov�sions �f sec��on ��tled TranSfer of �he Prop�rt� or a Benef�ial In�eres� �n Borrower. Borra�ver's covena�.ts and agreem.en�� sha��be j a��and severa�. Any person wha c�-s�gns th�s Security Instrum.en� but has no persona� ��ab�li�y under �he �on�ract �"Accommadat�on Signer"}: (a� i5 co-sign�n� this 5ecur�ty �ns�rument only t� martgage, gran� and convey �hat Accamm�dat�on Signer's interes� in the Praperty under �he terms of the Securi�y �ns�rumen�; �b} �s no� persona�ly �bligated �a pay �he sums secured by this Secur�ty �nstrum.eza�; and�c} agrees�ha�Lender and any o�her Borrawer may agree�o ex�end,modzfy, forbear ar make any acc�mm�da�ians vvi�h r�gard�o�he terms af�his 5ecur�ty�nstrume�xt nr the Contrac�wi�haut�hat Accommoda�ion Signer's cans�n�. Lvan Charges. �f�ie �oan secu.red by thzs 5ecurity �ns�rument �s subjec� �a a �aw vvhich se�s maximum ��an charges, and�hat�aw is f nally�nterpreted so that�he interest or o�her Ioan charges collected ar to be collected in c�nnec��on u��h the �aan exceed �he permit�ed Iimi�s, then: �a� any such loan charge sha1l be reduced by �h� amount necessary to reduce the charg�t� the permi.tted Iimi�s and �b} any sums already co��ectied fram Borra�rer v�hi�h exceeded perm�t�ed Iimi�s W�1� be refunded to Barrower. Lender ma�r chflose �o rnake th�s refund by reduc�g �he prxnc�pa� owed under the Contrac� or by making a direc�paym�n�.�a Borrower. If a refund reduces princzpal,�he reduct�or�v�il�be trea�ed as a partial prepaymen�under�he�an�ract. Notices. At�.y n�tice �o Barrower provided for �n �.his Securi�y Instrurne�� sha�l be gzven by de�zvering it flr by mailing i�by firs�class mai�unless Applicable Law requ�res use of anather method. The n�ti�e shall b�direc�ed to �he Proper�y Address or any o�her address Borro�ver de�igna�es by na�ice ta Lender. Borrov�rer agrees tfl pravid� Lender vvzth Borrower's mast curren�ma��zng address, as i� may change fram�i.me-ta-time. Any natxce ta Lender sha�l be g�ven by fzrst class makl to Lender's address s�at�d here�n or any other address Lender des�gnat�s by no�i�e �o Barrn,wer. Any no�ice provided for i��his Securi�y Instru�nent sha��be deemed t�have be�n gi�en�o Barrower or Lender�when g�ven as provided in this paragraph. Gavern�ng Law; Severahil.��y.Th�s Secur��y�nstrument shal�be governed by federa��avv and�he�aws af the sta�e af Ne�raska. �n �he evex�� that any praviszon or clause af�his Security Instrumen� ar the �on�rac� conflicts w��h Applicable Lavv, such cfl�flict sha�� not affec� o�her provisions af this Securx�y Instrum.ent vr �he �an�ract which can be g�ver�effec��wi�hout�he conflzctzng provzszon. Ta�hzs end�he provisions of�his Secur�ty�nstrumer�t a�d�he �on�ract are declared�a be severab�e. Borrvwer's�apy.Borrower shall be g�ven one c�py of�h�s Secur�ty Ins�rumen�. C�2a�4-2015 CompIiance Systems,Inc.�BEB-5$C8-2415.I2.2.]112 Consumer Real Estate-Security Instnamen#DL203d Pa�e 3 of 5 www.comp�iancesystems.cam