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201606810
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Last modified
7/24/2017 3:57:47 PM
Creation date
10/14/2016 9:00:31 AM
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DEEDS
Inst Number
201606810
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2� 1 ���81 � <br /> �. Applica�ianof Paym�nts ar Pro��eeds.rxc�pt as o�h��•wise described in this Sectior�2, ��i pa�y�n�nts <br /> accepted and appli�d by Ler�der shall be appiied in the fa�lo�ving order�f prior�ty: �a} tnteres�due�rnder�h� <br /> I�ot�e;�b}pr�n�ipal due����der the Nate; �c}amourits d�ie under Sect:ion�3. Such payments shall be app�ied to <br /> each PeriodiC Payrne��t in the o�der�n 4vhich�t be�ame d���. Ar�y remaining�mounts sha��be applied f�rst t� <br /> �ate charges, seeond fo axiy other a�-nounts due��nder this�ecurity�rlstrurnen�,and then to reduce the <br /> principa.l balance of the No�e. <br /> If Lender receives a paytne��.t.fram Bor��ower for a detinyuer�t �'eriodic F'ayrr�ent�vhic�� ir��:tudes a s�tf�cie�r� <br /> amo�zr�t�o pay any iate char�e du�,the�ayrne��t m�y b�a��lied to the detinquex�t paylrle��t and t.he Iat� <br /> �har�e, If m�re t�iar�olie Pei iodic Paytnet�t is outstandir��, Lezidei-rriay apply ariy paytnez�t received frarr� <br /> Borro�ver to th�repayment of th� P�riodre�'aymer�ts if,an�to th�extenr that. �ach payment ca��be paid in <br /> f�,��l. To t�i�ex��n�t��at any exc;ess exists afte�t��e paytxle��t is�.pp�ie�to�lle full payr�xe����f'o�xe ar rr�c�re <br /> Pcriodie Payments, such cxcess may be applicd �o any�atc chargcs duc. Valt����ary prcpayments shall bc <br /> applied first to ar�y prepayme��t c�iar�es and ther�as described iri the Note. <br /> An�appiicatia�.�f paym�nts, insur�l�ce proce�ds,or Miscellaneot�s Pro�eeds to principal d��e�xnder�he Not� <br /> sha�l nat�xtend or postpone the d��e date,o�change the a��aunt,af the�eriod�c�'a�met�t�. <br /> 3. Fundsfor Escrow�tems. Bonovv�r s�iall p���o Leiider on �he day P�riadi�: ��ayrrle��ts a�e d��e��lider t��e <br /> Note,until thc Not� is paid in fi�ll, a sum�the "�r�nds"}to pro�id� for paymc��t o�amo���at�d�rc for: ���)taxcs <br /> and assessments and ather items which can�ttain priori�y a�er this Securi�y�nstru�nex�t as a li�n or <br /> c�cumbrance on th�p�aperty;�b}�c�scho�d p�ylnents ar gro��nd rents on thc�roperty, if���y� �c}prcmi��r�ns <br /> for any and all insurat-�ce req�lired by Lender�.�r�der Section S; and�c�}M�rtga�e Znst�ranGe prerr►iEx�-ns, if at�y, <br /> or any s��rns payabic by F�orro�ver to Lcndcr in 1ic�� of�he paymcnt of Mortgagc�nsuratacc pr�mi��ms rn <br /> accordan�e with the provisi�r�s of Se��ion 1�. 1'��se ite�n�are calle�"�scrow I�ems." At ori�ination or at <br /> any t�me d��ring th�tcrrn af thc L,oan, Ler�dc�•rnay rcqu irc that�ommr�ni�y Association D��es,��cGs,and <br /> Assessments, if any, be escrowed by Borrower, and sueh dues, �ees and assessments shall be at�Esc.���o��r <br /> I�eYn. Borro�er sha11 pro��ptl�furnish to Lender all noti�es of amounts ta be paid under�.his S�ct�an. <br /> Barro�ver shall pay Lender the F��nds for Escrow Items unless Lend�r�aives Borrower's ob�igati��i to pay <br /> �h�Funds for any or all Escrow Items. Lcnd�r ma�wai�t�� Bor�awer's obli�at�an ta pay to Lci�dcr I"��r�ds fvz- <br /> any or all��cro�v Iiems a�any�ime.�ny suc�waitfer may�nly be in writ�ti�. IY�thc evcnt c�f such�vai�re�•, <br /> Borrower shali pay directiy,�vhen at-�d�vhere payable,#.he amount�s due for any�scro�v�telns far whi�;h <br /> payment�f Funds h�.s beei�waived b�Lender and, if Lenc�er rec�uires, 5ha�1 fi�ri�ish tc� Le��c�er zeceipts <br /> evidencing such paymer�t wi��in such time period as Lende�rnay req�ri�re. �3or�ower's obligation ta mak� <br /> such p�yments and�c�prc�vic�e receipt.s shall fc�r ail pr�rpc�ses be�eG��e�t�be a cc�verian�ai�d��reemen� <br /> co��tained in this Security Inst�rument, as the phrase "co�enant and agreemcr-��" is used in Sectic�n 9. �f <br /> B�rr�tiver i5 ob�i�at�d�o pay Escrc�w I�ems airectly, pu�-suant tc�a wai���r, a�zd B�n-c��v�'r fails t�pay the <br /> amount due for an Escrow IteYn, �ender�nay exercise its rights under Sectior��and pay such amo�.�r�t a��d <br /> Bc�Z-rUwer shall then be�bli�ated�tn�er Sec�tion 9 t.o repay t.o LeI-�der any�tich amoi�nt. L�nc�cr may re��c�ke <br /> ��ie�t�aiver as to any or all Escro��Items a�a��y t�me by a natiGe gi�en in acco��dance��it�h �ection IS a�-�d, <br /> upc�n such re���:a�i�n, Bc�izc�wer shall pay tc� Lend�;r al�7�unc�s,and in 5���h arnc��tr�t�, ���at are�.��en rc���i��t� <br /> under this Sectioi�3. <br /> Lender may,at any time,col�ect and hold I�unds in an ama��nt�a}suff cient ta p�rmit Le��der ta apply the <br /> Fu�lds��the�ime speci�ied u��der RESPA, a�ld (b}i�ot to exceed�h��naxiYnu�n amou�lt a ler�der caY�i-eq�.�rre <br /> ��nder RESP�1. �ender shail es�imate the amount of F�►�1�s d��e on the bas�s of cune��t data a��d reas�n�.ble <br /> estiinates of expe��.ditures of fitt�rre Escro���t��ns ar ather�vi�e ix1��cardaa�ce with��pplicable l�a��r. <br /> NEBRASKA-Single Family-Fannie MaelFreddie MaG LJNIFCJRM INSTRLJMENT Lh'fTH MERS F«rrn 3Q?_8 11Q1 <br /> VMP C� VMP�l�{NE}{13Q�}.Q4 <br /> Woltars Kluw�r�inartcial 5ervic�s f�agc a of 17 <br /> q�3�6o���$as oz�� ��� 0�1� <br />
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