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201606229
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Last modified
7/24/2017 3:34:46 PM
Creation date
9/21/2016 10:26:08 AM
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DEEDS
Inst Number
201606229
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2� 1 ���229 <br /> �2. Borrnwer Not Released; Farhearance By Lender Nvt a Waiver. Ex�ension of the�ime far payment or <br /> modi�ca�inn of amar�iza�ion�f�he sum�s s��ur�d�y �h�s Se�ur�ty�ns�rument grar�ted�y Lender�o Borrow�r <br /> or any Successor in �n��res�of Borr�vver sha�l not ap�ra�e to release the l�a��lit�r �f Borr�w�r or an�r <br /> Successors in Ynteres�nf B�rrov�er. L.ender sha��not be requ�red�o commence pro���dings aga�nst any <br /> Successor in Interest of Borrov�er or to refixse to extend t�me for paymen��r��herwise madify amor��za��on <br /> of�he sums secured by this Security�nstrument by reason af any demand made�y the�riginal B�rrov�rer vr <br /> an�Succ�ssors in�n�erest of Borrawer. Any forbearance by L�nder in exercising any right or remedy <br /> xncluding, w�th�u�limitation, Lender's aCcep�ance of paym�nts from third persons, en�ities or Successors xn <br /> �nteres�of Borr�wer ar in amounts l�ss than the amoun�th�n due, shal�not��a waiver of or prec�ude the <br /> exercise of an�r�ght or remedy. <br /> 'I 3. Jaint and Se�era! L�ability; Co-signers; Successors and Assigns Bound. Borrower covenan�s and <br /> agre�s tha�Barrawer's ob��ga�i�ns and liabili�y shal�be�oint and s��era�. Ho�ve�ver, any Borrower who <br /> �a-signs this Secur��y �nstrument hu�daes no�execute the N�te�a "c��signer"}: �a} is co-signing this <br /> S�curity �ns�rument an�y to mor�gage, gran�and conv�y�he�a-sign.er's in�erest �n the Property under the <br /> �.erms of fhis Security �nstrumen�; �b} is nn�persona��y nb�iga�ed�o pay�he sums secured by this S�cur��y <br /> �nstrunaenfi; and (c} agrees tha� Lender and any�ther Borrower can agree to ex�end, modify, forbear ar make <br /> any accQmmoda�ions with regard�o the�erms of th�s Securi�y �nstrument or�he N�te withaut the co-signer's <br /> COI15�Ilt. <br /> 5ubjec�to the pravisians of Sectian 1 g, an�Succ�ssar in Interes�af Borr�vver vWho assum�s Barrower's <br /> �bliga�x�ns under�his Securi�y �nstrument in writ�ng, and is appro�ed by L.ender, shall abtaxn ai1 of <br /> BorravWer's righ�s and bene�ts under this 5ecuri�y �n�trume�a�. Barrowcr shal� no�be re�eas�d from <br /> Barrower's obli�at�ans and �ia�ili��under this Securi�y �nstrument unless L.�nder agrees ta such re�ease in <br /> wri�in�. The cflWenan�s and agreements of this Security �ns�rumen� shall bind �excep� as provided �n Section <br /> 2�} and benef��the successors and assx�ns of Lender. <br /> '�4. Laan Cnarges. Lender may charge Borrowe�-fees for services performed in connec�ion�ith Borrower's <br /> �.�fau�t, �ar�he purp�se ofr pro�e��ing �,ender's in�eres� in the Frop�r�y and right�unc�er�his Securi�y <br /> Ynstrumen�, including, but na�Iimi�ed�a, attorn�ys' fe�s, pr�pert� �nspec��on and va�ua�ion fees. �n r�gard t� <br /> an� a�her fe�s, the absence of express au�hor�ty in�his Secur�ty �ns�rument�o charge a specific fee to <br /> Borrower shall no�be construed as a proh�b��ion on the charging of such fee. Le�zder ma}�no��harge fees <br /> that are��pr�ssly prohibited by this Security�ns�rument or by App�icab�e Law. <br /> If the Loan is su�j ect�o a�avv which sets max�mum�oan�harges, and�hat�aw is �naliy interpreted so that <br /> �he in�erest or a�her��an charges�ollec�ed or�o be collec�ed in c�nne����n with the Laan exceed the <br /> permitted��m��ts, �hen: �a} any such loan charge sha11 b�redu�ed b�r the amaunt necessary to reduce the <br /> charge ta�he per-mi��ed 1imi�; and��} any sums alr�ady cnilect�d fram Borr�v�r�r whi�h exce�ded permi��ed <br /> lxm��s �vill be refunded to Borro�rer. Lender ma�choose�o make this refund by reduc�ng the princ�pal owed <br /> under th� N�te or by making a dir�c�payment�o Borrower. �f a refund reduces pr�ncipal, the redu�t�on v�i�� <br /> �e treated as a partia�prepaym�n�wi�hout any prepayn�en�charge�whether or nat a prepaymen�charge �s <br /> pr�vid�d for under the No�e�. Borro�er's accep�an�e of an�r such refund made b�dire�t payment to <br /> Borrower will consti�ute a waiver of any righ�of ac�ion B�rrow�r m�.ght have aris�ng ou�of such o�ercharge. <br /> �5. Natices. AZ� notices given by Borrower or L,ender�n connection with�h�s 5e�urit� Instrument must b� in <br /> vvri�ing. Any notice to Borrower�n�onnec�ion w�th th�s 5e�urit�Instrument shall be de�med to have been <br /> g��en ta Barrower v�hen mai�ed by �rs�class xna��or when actually delivered to B�rrower's no�ice address if <br /> sent by other means, Notice�o any one Barrower sha�� constitu�e notice�o a11 Bnrrow�rs un�ess Applicable <br /> Law express�y requ�res othex-vvise. The notice addr�ss shall be the Propert�Address unless Borrower has <br /> N�BRASKA-5ingle Family-�annie MaelFreddie Mac UNIF�RM fNSTRUMENT Form 3428 11�1 <br /> VMP Q VMPfitNE){13�2f <br /> Wolters Kluwer Financiat Ser�ices Page 1 1 of'�7 <br />
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