201606328 - Laserfiche WebLink

Browse

2� 1 ��328 znter�st frflm �he date of disbursernen� a� �h� same rate assessed on adva�ces under the �ontrac� and �hall be payable,�vi�h�nterest,upan n��ce from Le�der��BarrQwer reques��ng payrnent. Inspectxon. Lender or ��s agen� may make reasanab�e ex��ries upvn and znspec��or�s of the Property. Le�der shal� g�ve Borrower no�.ic�at�he time of or pr�or to an�nspec�ion spec�fying reasonab�e cause for�he inspect�on. Condemnation. The proceeds of any award ar claim far damages, d�rect or consequent�al, in cannec��on wzth any candemnat�an or other taking of any par�af the Proper�y, ar for conveyance in �zeu of cond�mnation, are hereby asszgned and shall be pa�d t�Lender. �n the eve�t of a �otal �aking af the prapex-�y, the pr�ceeds sha�� be applied to �h� sums secured by �his 5ecurit� �ns�rument, whether ar na� �hen due, �r�.th. any excess paid ta Borrower. �n �he even� af a partza� taking af�he Proper�y�n vvhich �he fair market va�ue of the Proper�y�mmedzate�y bef�re �he �aking is equa� ta or grea�er than the amour�� nf the sums secuared by �his Secur�ty �nstrument �mmediate�y before �he tak�ng, un�ess Borrower and Lender ather�ise agree in wr��ng, ��e surns secured by this Secur��y Ins�rumen�Shal�be reduced by�he am.aun�of �he pra�eeds rnu�t�plied by�he fa�Io�w�.ng frac�ion: �a}the�o�al amount af txie sums secured imrned�ately bef�re�he � �aking, div�d�d by �b� �he fair marke�value af�he Property �mmed�ate�y bef�re the �aking. Any balance sha��be pa�d to B�rrawer. �n the even� af a par�ial takxng �f�he Proper�y in vvhxch the fair xnarket va1u� of�he Proper�y immedza�e�y befar� �he �aking is Iess than �he am.aun� af�he sums secured immed�at��y before the �aking, un�ess Bo��rou�er and Lender��herwise agree �n�ri��ng or unless App��cab��Lav�r��h�rwise pr�vides, the proc�eds sha�l be appX�ed to�he sums secured by�h�s Security�nstrumen�vv�e�her or no�th�sums are�hen due. �f�he Proper�y�s abandoned by Borrower, or if, after na�ice by Lender�o Borrower�a.at the condemnar off�rs �o make an award or set�Ie a claim far damages,Borro�er fai�s��respond�n Lender vrith�n�he minimum number af days es�a��shed by Ap��zcab�e Law after the date the notice is given,Lender is au�horized��collect a�.d app�y the praceeds, at �ts op�zan, ei�her tio res�oration or repair of�he Proper�y or �o �he sums secured by �his S�cur�ty Instrumen�.,vvhether or nat then due. Unl�ss Lerider and Borrovver o�h�rwzse agree in wri��ng, any applica�ian af proceeds�o principa� shal�nnt extend �r postpone�he due date of�he paymen�s due under�he�an�ract or change�h.�amou.��of�uch paymen�s. Borrower Not Re�eased; Forbearance By Lender Na� a Waiver. Ex�ens��n of �he time for paymen� or mod�fzca��on of am�r�izatzon �f�he sums secured by �his Secur�ty Instru.m�nt granted by Lender�o Borrower or any su�cessor in �nteres� of Borro�rver shal� no� ap�rate ta r�lease �he 1iab��ity af �he origznal B�rrower or Borr�v�rer`s successors in in�erest. Le�.d�r sha�l n��be required�o commence proce�d�ngs aga�nst any su�c�ssar zn interest ar refu�e�o extend��me f�r paymen��r o�herwise rnadify am.art�za��n of the sums secured by�h�s Security �ns�rumen� by reason of any demand made by the original Borrow�r or B�rrower's successors in in�er�s�. Any forbeaxance by Lender in exercxsz�.g any righ�or remedy shall nat be a vtraiver of ar prec�ude the exercise �f any right ar remedy. Succe�sor5 and Assigns Bound; Joint and Severa� L�ab�lity; Accorn�modat�an S�gners. The cavenants and agreem�nts of this Securx�y�nstrument sha1l bind a�.d benef t the successors and asszgns �f Lender and Borrower, subj ect to �he provis�ons af �ection ti�led Transfer of the Praperty or a Benef�cial Interes� �n Barrower. B�rrawer's covena�.ts and agreements shall be j oint and s�vera�. Any persan,who c�-s�gns�his Securi�t}��nstrument bu� has no persona� Iiabili�y und�r the �on�rac� �"Accornmoda�ion 5igner"}: �a} is co-sign�ng th�s Security �ns�rumen� anly �o mor�gag�, grant and canv�y tha� Accommodatian Signer's �n�eres� in �he Praperty under �he ��rms of the Security Ins�rumen�; �b} �s not persona��y vbliga�ed �a pay �he sums secured by this S�curity �nstrumen�; and�c} agrees thati Lender and any a�her B�rrav�er may agree�o extend,modify, forbear ar make an� acc�mmodatzons vcrith regard ta�he�erms of this Security Instrume�.�ar the Contract wzthaut�ha�Acc�mmodation S�gner's conse�.�. Loan Charges. �f th� �oan secured by this Securzty �nstrumen� is subject �a a �aw whzch se�s maxxmum loan charges, and tha�lav�r�s f na11�in�erpreted so �hat the interes��r o�her�oan charges ca��ected ar�o be co��ected in connectian vv��h �he loan exceed the permirted ��mi�s, then: �a} any such laan charge sha�� be reduced b� �h� amnun�necessary�v reduce�he charge�o the permitted limu€ts a�.d �b} any sums already co�Xected fram B�rr�wer vvhich exceeded perrni�.ted ��m�ts vvi11 be refunded to Borrovver. Lerider may chaose �o make th�s refund by reduc�ng the przn�ipal owed under the Con�rac�or by making a direct paymen�to Borro�rer. If a refun.d reduces principal,�he reduc�ion�v��be�r�ated as a par�ial prepaymer��under the Con�rac�. I�otx�es. Any notiz�e �� Borrower prflvided far in this 5ecuri�y �ns�xmen� shall be given by de��vering i� or by mailing�t�y firs�class mail unless Applicable Law requires use af anather m�thod. The r��ice sha��be direc�ed�a �he Properry Address or any other address Barrovver deszgnates by na�ice �o Lender. Borro�wer agrees �o provide Lender v�rz�h Borrou�er's mas�current mai�ing address, as zt may change fram time-�o-time. Any notice t� Le�der shal�be g�ven b�f rs�c�ass mail to Lender's address s�a�ed herein or any o�her address Ler�der designa�es by notice �a Barz ower. Any no��ce prav�ded far in�a.zs Secur�ty�ns�rument sha��be deemed to have b�ez�g�ven to Borrower or Lender when g�ven as pro��ded in�h�s paragrap�. Governi.ng Law; Severa��ity.This Security��str�ument shall be go�erned by fed�ral law and the laws af�he state of Nebraska. �n�he even� �ha� an� pr�vis�an or c�ause of thzs Securi�y �ns�rument ar the Contract conflic�s vvi�h ,�pplicab�e Lavv, such canflic� sha�� x�o� affec� a�her provis�ons of�his Security Ins�rument nr�he ContraG� �rhich can be given effect w�thflu�the cflnflic�ing pr�vision. T��his end the praviszans�f this S�curity Instrumen�and the Con�rac�are de��ared�o be severab�e. ��rra�er's�Qpy.B�rrourer sha�I be gi�e�.�ne c�py af this Secur�ty�r�s�rument. Q�00�-2�I 5 Camplia.n�e Systems,�nc.CBE8-ADAF-2415.I 2.2.I 11� Cansurner Rea1 Estate-5e�u�ty Ir►strument DL2036 Pa�e 3 of 5 www.campliancesystems.�am