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201607469
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Last modified
7/28/2017 8:56:08 AM
Creation date
11/8/2016 8:56:54 AM
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DEEDS
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201607469
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2� 1 ��74�9 <br /> B�RR�'�V�R ���'�'ENANTS that B�rrow�r is iawfully seise�af the�state h�reb�canveyed an�has the r�ght�o <br /> grant and canv�y the Prap�rty and that�he Proper�� is unencumbered, ex�ept for encumbran�es of record. <br /> Borrower warrants and w�ll d�fend g�neral�y�he title t� the Property against all�laims an�demands, subjeGt to <br /> an�encumbran�es�f recard. <br /> THIS SE�UR�TY �NSTRUMENT��mbin�s uniform cavenants for national us�and non-uniform co�enan�s w��h <br /> �imited variat�ons by jurisdic��on�o const�tute a uniform s�curi�y �nstrument cov�r�ng rea�property. <br /> Un�form Gv�enants. Borrower and L�nder ca�enant and agree as folloWs: <br /> 1. Payment vf Princ�pal, Interest, Escraw ltems, Prepayment �harges, and Late Charg�s. Borr�wer <br /> �hail pa��vhen due the princ�pa� of, and intere�t�n, the debt e��denced by�he N�te and an�prepaymen� <br /> charges and�ate charges du�under the Nate. Bnrr��er shali a�sa pa� funds for�scro�v ��em�pur�uan�to <br /> Section 3. Payments due under the Note and�his Secur��� Instrum�nt shai�be made in L�.�. currency. <br /> Howe��r, if any chec�or other instrument received by L�nd�r as payment under th� No�e or this Securit� <br /> Instrument is returne�.to Lender unpaid, Lender may require�hat any or all subsequ�n�payments du�under <br /> the No�e and th�s Securi�y �nstrum�n�b�made in one or more of the f���ow�ng farms, as selected by L�nd�r: <br /> �a} cash; �b} rnoney order; �c} cert��ed�h�ck, bank ch�ck, treasurer's check or cash��r's che�k, prov�de� any <br /> su�h check �s drawn upon an znst�tution whose depasits are insured by a fed�ral agency, �nstrumenta�i�y, or <br /> entity; �r �d� Ele�troni� Fund�Transfer. <br /> Pa�rments are deemed recei�ed by Lender when recei�ed a�the��cation designated �n the No�e or a� such <br /> ath�r��cation as may be d�signa��d b�r Lender�n accordan�e wi�h the no���e pr�vis�ons �n S�ct�on �5. <br /> Lend�r may return any pay�nent or par��al payment if the pay�nent or partial payn�ents ar�insuff�cient ta <br /> br�ng �he Loan�urr�nt. Lend�r may accep�any payment or partial payment in�uffi��en� �o br�ng the Loan <br /> curren�, without waiv�r of any r�ghts hereunder or pr�jud�ce ta its ri�h�s to r�fuse su�h�aym�n�or p�rtial <br /> paym�nts in the future, bu� Lend�r�s nat ob�iga��� t� app�y su�h pa�ments a�the t�me such payments are <br /> acc�p�ed. �f each Per�od�c Paym�en� is app��ed as af�ts sc�eduled due date, �h�n I.ender need no�pay inter��t <br /> �n unappl�ed funds. Lender may ho�d such unappl�ed funds unti� Borrawer makes paymen�s to brin��he <br /> Laan�urrent. �f Barrower does not do so vrvithin a reasonable p�riod of time, Lend�r�hall ei�her apply such <br /> funds ar return them to Borr�Wer. �f not applied earl��r, such funds wi�l be applied�o th�outstanding <br /> principal�alance under the N�te immediately prior ta foreclosure. No offse�or ciaim which Borro�ver m�ght <br /> have n�w ar in the futur�aga�nst Lender shall re��eve Borrourer fram.mak�ng paymen�s due under the Nate <br /> and th�s Security �nstrumen�or pe�rform�ng t�e�o�enants an�agreements se�ur�d by �his Security <br /> �nstrument. <br /> �. Appli�at�on flf Payments or Pro�eeds. Except as atherti�is�descr�bed in this Sectian Z, ai�payments <br /> accepted and applied by Lender shall be appli�d in the fo�lowzn� order�f pr�ority: �a} �nterest due und�r the <br /> Note; �b}pr�ncxpa� due under the N��e; �c} amaunts due under 5ection 3. Such paym�nts sha�l be applied to <br /> each Periodic Payment �n�h�order�n wh�ch it b�came du�. Any remaining amaun�s sha�l �e appli�d first ta <br /> �ate charges, second to any oth�r amounts due under this S��urity Instrum�nt, and�hen to r�duce�he <br /> principal balance of th� No�e. <br /> �f Lender re���ves a payment from Borrower for a de�inquent Periadic Paym�nt which inc�ud�s a suff�cient <br /> amoun�to pay any lat�charge du�, �h�payment may be appiied�o the deiinquent paymer�t and the�at� <br /> charge. If m�re than flne Periodic Payment is outstanding, Lender may apply any paym�nt re���ved fram <br /> Borrav�er t� the r�payment of the Per��dic Pa�ments �f, and�o the e�.tent tha�, each paymen�can be paid in <br /> fu��. To �he e�tent�hat any excess ex�s�s after the pa�ment is appiied ta the ful�payment of one or more <br /> Periodic Payments, such excess may be app�ied tfl any late charges due. Volunta�prepayments sha��be <br /> applied firs�to any prepa�ment charges and�hen as described in the No�e, <br /> NEBRASKA-Sing)e Famify-�annie MaelFreddie Mac UNIF�RM 6NSTRUMENT �orm�o�s��o� <br /> VMP Q VMP54NE}�13�23 <br /> Wvlters Kluwer Fina�ciaE Ser�ices Page 4 flf 17 <br />
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