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201607041
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Last modified
7/24/2017 4:04:32 PM
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10/24/2016 9:03:39 AM
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DEEDS
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201607041
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2� 1 ��7�41 <br /> �oAN#:����a$gzTs <br /> amount o�fh�sum�se�ured�rnmediately�efa��the parkial�aking,destru�t�on,or lvss in�alue,unless <br /> Borrariver and L�nder oth�nivise agsee in�rri#ing, �he Miscelianeous Pro�eeds sha[f be appl�ed to�he <br /> sum�s�cured by this Secu�ity Instrument v�rhether or nat the sums�re�hen due. <br /> I�the Proper�y�s abandaned by Borrower,a�i�,after nQtice b��.�nder to Borrower�hat the C]�pos€ng <br /> P�rty�as defined�n the next sent�nce}o�Fe�s to make an awa�d t�����le a c�aim fvr damages,C3orrawer <br /> �ails ta respond�o L�nd�r wi�hin 3�3 days after�he date the nvt�ce�s giWen,Lender is authori��d�o callec� <br /> �nd �pply the Miscellaneou� �'�oceeds either ta r�star�tion or r�pair a�the Property ar ta the sums <br /> s��ur�d by�hi�Securit�Instrurn�n�,whe�her❑�nvt th�n due."C3ppvs��g Pa�fy"means�he third pa�ty <br /> �ha�o�es�orrower M�s�e�ianeous�'raceeds or�h�par�y against wham Borrawe�ha�a right c��a�c�i�n <br /> in r�g��d�o M�sce���r�eous P�oce�ds. <br /> Barr�w��r shall b��n d��aul�if an�actian or prnceeding,whether civ�l a�criminal,�s aegun�hat,in <br /> Lender's judgmen�,could resu�t in fo�ei�ure af�he Proper�y or other ma�erial impa�rment o�L�nder`s <br /> in�ere��in the�'rope�y ar r�igh�s under�h�s�ecuri�y��s��um�n�.Barra�nrer can cur�such a d�fault and, <br /> if acc��era�ion has occurred, reins�ate as pro�ided�n Section 19, by causing the ac�ian or praceeding <br /> �a be disrnissed wit� a ruling that, in Lender's judgrnent, precludes#'Qrfeiture o��h�Praperty vr vther <br /> materia� impai�men�a�Lend�r'�in�eres�in#he Praperty o�-ri�hts under�hFs Security Ir�strument.The <br /> proce�d�af any award o�claim�or damag�s that are at�ribu�able fia�he impairmen�afi L�nder's�n�e�es� <br /> in the F�rop�rty ar�h�reby a�si�ned and shall b�paid to�,�nder. <br /> All Misc�llan�ous Proceeds th�#are nat applied �o restt�ra�ivn t�r rep�ir vf th� Pr�perty shall be <br /> appl�ed in the�rder provid�d for in S�ction 2. <br /> ��. Bvrrn�r�r N�� Relea�ed; Forbea�ance By Lender N�#a�la�ver. Extension af�he time f�r <br /> paym�r�t or m�d�fiGa�ion �f amor�ization of�he sums secured by this Secu�rity�r�strument granted by <br /> Lender�a Barr�w�r or any Succes�or in lnterest of Barrow�r shall n��o�e�ate to re�ease�he liabi�i� <br /> vf Borrower or any �uccess�rs in interes�of Barrower. Lender shal� not be required ta commence <br /> proce�dings against any Successor in In��rest af Borrov�rer or�o refu�e�o ex�end tim��'or pa�ment ar <br /> a�hervv�se madif�amartization of�he sums secur�d by this Se�urity�ns�r�ament by reasr�n of any demand <br /> made by the ariginal Barrawer ar an��uccessars in�nter�st o�B�rrower.Any farbearance by L�nder <br /> �n�xercising any right ar r�medy inciuding,wi�hout�irnitation, Lender'�ac�eptan�e of payments�ram <br /> fihird pe�son�,entities or Succe�s�r�in Interest of Bor�owe�vr in amount�less than�he amoun�then <br /> due,shall no�be a waiver of�r prec�ude the�xercise o�any righ��r remedy. <br /> '13. Jvint ar�d Se���al Lia�ility;Co-signers;Successnrs andAssi�ns Bound.Barrov�r�rc��enants <br /> �nd a�grees�hat B�r���r�r's�bli�ations and�iab��i�y shall b��o�nt and several.Howe�er,any Barrower <br /> v�r�o�co-sig�s this Security lnstrument but does not execute the Note�a"co-signer"};�a}�s��-s�gning�his <br /> Se�urity lnstrumen�anly ta mor��age,�ran�and conv�y tl�e co-�igner's interes�in the Prapert�under <br /> the terms of this S�curit�Ins#rument; 4b}is nat person�fly vbligated tv pay�he sums se�u�ed by th�s <br /> Secur�ty Instrument;�nd�c}agrees that Lender and�ny a�her Barrawer can agr�e to ex�end,modify, <br /> �or�ear or make any acc�mmodat�ans with r�gard to the t�rm�af this Se�urity Ins�rurt7ent�r th�Nv�� <br /> �rith�u��he co-signer's cvn�ent. <br /> Subject ta �he pravisians Qf Se��ivn '��, any Successor ir� lnteres� af Borrower wha a�sume� <br /> Borrawer'�obliga�ians under th�s Se�urity Instrument in writing,and is appra�ed by Lender,sh��l obtain <br /> all v�Bo�rawer's righ�s and benefits under thi��ecur���r Instrum�nt.�iarrawer shal�no�be re�eased�'rom <br /> Barrow�r's vbl€gatians and lia�ility und�r th�s Securi��Instrume�t unless�.end�r agre�s to such r��ease <br /> En writ�ng.The�o�enants and agreement���#his Secur�ty lnstrumen�shall b�nd�exce�t as proWided in <br /> 5�ctiQr��C3}and b�n�ft�he su�cessors and assign�af Lender. <br /> '1�. Loan Ch�rg�s. Lender may charge Bo�rawer�ees�or serv�ces p�r�armed in cvnnec��on wi�h <br /> Barrc�wer's default,�or the pu�pose afi pr��ec�in�I�ender's�nteres�in th�Prap�rty and rights under this <br /> Securi�y Instrument,including,bufi nat limi�ed to,attarneys'�ees,p�ope�ty�nspec�ion and Wa�ua�Eon fee�. <br /> !n r�gard�v any v�her��'�es,�F��absence of express authari�y in this Securi#y�nstrument��charg�a <br /> specifc�ee#o Bor�ower shal[not be cons�rued as a prohibi�i�n vn�he char�ing of such�ee.Lend��-may ' <br /> nof charge f�es thaf are exp�essiy prohib�ted by this Securi�y�ns�rument ar�y Applicahle Law, <br /> �f�he Loan i��ubject to a law which��ts maximum ia�n charges,and th�t I�w is fnally interpreted <br /> �a tha�the inter�st or fl�her�oan charges c�llected car to be�a��ected�n conne�tion with th�Loar�exceed <br /> the p��mitted I�mits,th�n:�a}any such loan char�e shall be reduc�d by�he amount nec�ss�ry to reduc.� <br /> �he charge�o the permi�te� limit;and�b}an�sums already�oflected from Borravuer�rhich�xceeded <br /> permifi�ed�im��s v�rill �e re�unded to Bvrra�er.Lender ma�r�h�ose to make thi�refund by reducing�he <br /> principal r�►rv�d under the N�te ar b}�making a direct payment to Borrower.If a r�fund reduces prin�ip�a�, <br /> the reductian v�i�f be treated as a pa�tial prepaymen�withaut any prepaym�n��harge�whether or not a <br /> pr�payrnen�charge is prorrided far under th�Note}.Bo�rower'�acceptan��a�any such r�efund made <br /> b�direct paymen�tQ Barrower wii!const�tute a vua�r�er af any right of action Barrawer might hau�arising <br /> �u�o�su�h��erchar�e, <br /> '�5, iVat��es.AI[notices gir�en by Borrow�r or Lend�r in�onneC�ion�ith this 5ecurity Ins�rument must <br /> �e in writing.Any notice�o Bvrrov3rer in c�nn�ct�on v�+ith�his�ecurity�nstrumen�shall�e deemed to h��� <br /> been gi�ren to Bc�r�-ower►�hen mail�d b�►frst class�nai�ar when�ctuail�r delivered�a Barrovver's na�i�� <br /> addr�es�i�sen��y other means.Natic�ta any one Barrow�r�ha�l cons�i�ute no�ice to al�Borrowers un�e�s <br /> � Applic��le Law expres�iy r�quires athenNis�."Ch�r�a�ic��ddress shal�be the Prape�y A ess unless <br /> Initials: � <br /> tdEBRASKA--Single Family--Fannie MaelFreddie IIIlac�lN�F�RM INSTRtJMENT Farm 3025'iJ4'I <br /> Ellie Mae,Inc. Pa��$��'I 1 NEEDEED[CLS� <br /> '��I'I 21�a 1�07:48 AM P5T <br />
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