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201607943
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Last modified
7/28/2017 10:10:49 AM
Creation date
11/28/2016 10:36:00 AM
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DEEDS
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201607943
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. 2� 1 ��7943 <br /> 7�. B�rrower Not Released; Far�earance By Lender Not a Vllaiver. Extension of th�time far pa�rnent�r <br /> modif�cation of amartizatian of�he sums secured�y �his Secur��}� �nstrun�ent granted by Lender�o Borrov�er <br /> or any Su���ssor�n Inter�st of Borrower shali not opera�e to releas�the�iab�li�y�f Borr�wer nr any <br /> Successars in Interest af B�rrawer. Lender sha��not be required to cornmence proceed�ngs aga�ns�any <br /> Success�r in Znterest of Borr�wer�r�o refuse�o�x�end tim� for paymen��r a�h�r�ise m�dify am.flr��za�ion <br /> of�he su�ns se�ured by this Security Ins�rum�nt�y reasan of an�r demand�rnade by the�riginal Borro�ver�r <br /> any Success�rs in�n�eres�af Borr�w�r. Any f�rbearance hy Lender in�xerc�s�ng any righ�or renledy <br /> includ�n�, v�r�thau��imita��an, Lender's accep�anc��f pa�men�s fr�m third persons, ent�t�es�r Su�c�ssors in <br /> �n�erest�f Borrower or�n an�.�un�s less �han the am�unt�hen due, sha�1 not�e a waiver of ar preclude the <br /> �xerc�se af any righ��r remed�. <br /> �3. J�int an�! Se�eral Liab��ity; �o-signers; Succ�ss�rs and Assigns Bound. Borrower cavenan�s and <br /> agre�s�hat Borrower's o���ga�ions and 1�ab�1i��sha��be j��n�and severa�. �-Iav�ever, an� Barrawer wh� <br /> co�-s�gns th�s Securi�� �nstrurn.ent bu�does not execu�e�he Note�a "co-s�gner"}: �a� is c��s�gning this <br /> ��cur�t� �nstrument onl��a mor�gage, grant and canve�r the co�signer's �nterest �n�he Proper�y under�he <br /> �erms of�his Security Ins�rurnen�; ��} �s not personally ob�igated t�pay the sums secure�.by thxs Secur��y <br /> Instrument; and �c� agrees �hat L.�nder and any��h�r Borrnwer can agre�to e�tend, mfldify, f�rbear ar make <br /> any accommodatians with regard�a �he terms af�h�s Securi�y �ns�rumen�or�he Nate v�i�hout�he ca-signer's <br /> �ansent. <br /> Sub�e�t ta �he provis�ons flf Sec�ion �$, any Su��essor in�nterest�f Borrower who assumes Borrawer's <br /> ob�igati�ns under�his Se�uri�y Instrumen� in wri�ing, and is appro��d by Lender, shall �b�ain a�� of <br /> B�rr�vver's r�ghts and bene�its und�r th�s S�curity�ns�rument. BorrQw�r sha�l no�be released fr�m <br /> Borrower's obliga�ians and liabil��y under this �ecur����nstrumen�un�ess Lender agrees to such release�n <br /> writ�ng. The co�enants and agr�ements vf th�s Securi�y �ns�rum�nt shall b�nd ��xcep�as provid�d �n Sect�an <br /> 2D} and benefi�the successors and ass�gns of Lender. <br /> 1�. Loan Charg�s. Lender may charge Borraw�r fees f�r s�rv�ces perf�rmed�n cann�ct�on with Barr�wer's <br /> default, for the purp�se af pro�ecting L�nder's �n�eres� �n the Proper�y and rights under this Security <br /> Ins�rument, in�luding, bu�not 1imi�ed�fl, at��rneys' fe�s, proper�y inspec�ian and valuati�n fees. �n regard�o <br /> any�ther fees, the a�sence af express au�hor�ty�n this Se�ur��y �nstrumen�to charge a sp�c�fi�fe�to <br /> Barrower sha��na�be construed as a prohibi�tion vn�he charg�ng of such f��. Lender ma�no�charg�fees <br /> tha�are expressly prohib���d�y th�s S�curity�nstrumen�or�y App�icable Law. <br /> �f�he Laan is subject t� a 1aw which se�s�naximum loan charges, and that Iaw �s fina��y �nterpre�ed so tha� <br /> �he �nterest or other l�an�harges c�llected ar�v�e col�ec�ed in connec�ion with the Loan e�ceed�he <br /> perm�.tted��mi�s, �h�n: �a} any such�oan charge shal�be reduced by �h�amoun�necessar�r�a reduce the <br /> charge�o�he p�rmit��d l�mit; and �b} any sums a�ready coli�cted from Borrower wh�c�exceeded permitted <br /> l�mi�s wil� be refund�d��B�rrower. Lender may choo�e to make�his refund b�reduc�ng the pr�nc�pa�o�ed <br /> under the Note or by making a d�rect payment�o Borrflwer. �f a refund reduces prin�ipal, the reduCt�on�vill <br /> be treated as a partial prepayment withou�any prepaymen�charge�whether�r not a prepayment charge is <br /> provided for under the No�e}. B�rrower's a�c�ptance of an�such refund made by direct payment to <br /> Borrav�►ler w�i��onst�tute a waiver of any right of ac��on Borr�wer migh�ha�e ar�sing Qut of such overcharge. <br /> �5. Notices. A�� no��ces g�ven by Barrower or Lender in�onnectian��th this Secur�ty Xns�rument mus�be in <br /> wri�ing. Any na�ice�a Borrower�n�onnec�ion v���h�his Securi�y �ns�rumen�shall be deemed to have been <br /> given to Borrower when mai�ed�y �rs�class mai� �r when actual�y deli�ered �� BorrovW�r's not�ce address if <br /> sent by other means. Notice ta an� one Borrovrrer sha�l canstitute natice to a�� Bflrrnwers unless Appli�able <br /> Law expressl� requ�res atherwise. The not�ce address shall he the Proper�y Address unless Barrower has <br /> NEBRASKA-S+ngle Family-�annie MaelFreddie Mac UNI�ORM 1NSTRLIM�NT �arm 3028 110'� <br /> VMP[�] VMPfi�NEf�13�2� <br /> Wo#ters Kluwer Finar�cial Ser�ices Page 1 7 of 17 <br />
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