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201608441
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Last modified
7/28/2017 1:08:39 PM
Creation date
12/16/2016 2:17:53 PM
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201608441
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2� 1 ��8441 <br /> �n�eres� from �he date af dishursement a� �he same ra�e assessed nn advances under �he Cantract and sha�1 be <br /> paya���,Wi��]int��e5�,up�n n��iCe from Lender to Borr�wer reques�ir�g paymenti. <br /> Inspe�tion. Lender �r its agent may make reas�nable eri�r�es upnn and inspectii�r�s flf the Proper�y. L�r�der shall <br /> gzve Borro�er no����a�the�ime af or prior ta an inspection spec�fying reas�nable cause for�he irtspe�tion. <br /> Condemnat�on. The proceeds of an�award or��a�m far damages, dzrec�or c�nseque�t�al, �n c�nr�ect�on u�i�h any <br /> candemnatioz�ar Q�her�a.king of any par��f�he Property, or for cfln�eyance in Iieu of�ondemnatian, are her�by <br /> ass�gned and shal�be paid to Lend�r. <br /> �n �he ever��af a �o�al taking af the Property, �he proceeds shall be app�ied to �he sums secured by �his Security <br /> Instrument, Whe�her or na� then due, v�.�h a�y exc e�s p aid t� B orrower. In the e�ent o f a part�al �aking of the <br /> Proper�y�n w�iich the fa�r marke�value af�he Pr�perty �mmed�ate�y before the talti.ng is equal �o ar grea�er�han <br /> �he amoun� af t�ie sums secured by �his Se�urity Ins�rument imrnediately before the taki.n.g, un�ess Barr�wer and <br /> Lender o�herwise agree in wri�ing,the sums secured�y t�is Securi�y Instrument sha�l be reduced b���.e amoun��f <br /> �he praceeds mul�ipl�ed by�he fo��ovvzng f�actian: �a�the��tal am�un�of x�e sums�ecured immedia�e�y before�he <br /> taking, divided by �b} the fa�r markex va�ue af the Property immed�a#e�y before the taking. Any ba�anc� sha�1 be <br /> paxd �o B orroWer. �n tihe event �f a par�za� �ak�ng of�.he Pr�perty zn which�he fair marke�va�ue af�he Property <br /> �mmed.�ate�y before the �a.���.g �s less �han �he amaunt of the sums secured �.mmedia�ely before the taki.ng, unless <br /> Borrawer and Lender atherwise agree in wrz��rzg or unless Applicab�e La�w o�herwise pro�ides, the pr�ceeds sha�� <br /> be app�ied�o the sums secured b��his Secur�ty In��rument w�.ether or not the sums are then due. <br /> �f the Pr�per�y is abandnned by BarroWer, ar�f, after not�c�by L��.der�o Borrower tha��he con�emnor offers �a <br /> make an avt�ard or set�ie a cla�m for damages, Borrov�er faiis to respo�.d�o Lender within the m�r�i�num number of <br /> days esta���shed�by Applicab�e Law after the date�he natice �s g�ven,Lender is author�zed�o ca��ecti a�zd app�y th� <br /> proceeds, a� i�s optzon, ei�her �a res�oratinn or repa�r of the Property or to #.he sums secur�d �y �h�s Security <br /> Instrurn.ent,Whe�her or nn�th�n due. <br /> Unl�ss Ler�der a�.d 13arrow�r o�herw�se agr�e in wr���ng, any app�ica�ion af proceeds ta pr�nc�pal sha�l no�ex�end <br /> or pastpQne tihe due date af�he paymen�s due under�he Con�ract or change�he amount af such paymen�s. <br /> Bflrrawer Not Fte�eased; F�rbearance By Lender Not a �Va�ver. Extension of the �ime far paymen� or <br /> madif�cat�on of amort�za��on of�he sums secured by th�s S�curity Inst�umer�� gran�ed by Ler�der ta $arro�wer or <br /> ar�y successor in znteres� of B�rrower shal� na� aperate �a re�ease the liab���ty of �he orig�nal Barr�wer ar <br /> B�rrawer's�uccessors in�n�er�st. Lender shall no�be required to cammence pr�ceedings aga�nst ar�y successor�r� <br /> �n�eres�ar refuse��extend t�m.e f�r payment ar o�herw�ise modify amor�zzation of the sums secured by�his Securi� <br /> �ns�rumen� by reasan of any demand made by �he �rig�na� Barrower or Borravt�er's successors �n �n�eres�. Any <br /> forbearance by Lender in exerczsing any rxgh��r remedy shall no�b� a vsraiver of or preclude �he exercise af any <br /> righ�or remedy. <br /> Successars and Ass�igns ��und; Joxnt and Se�vera� Liab�.l.��y; Accom.modation S�gn�rs. The covenan�� and <br /> agreements of�his Security�nstrument sha��b�nd and�enefi��he successors and assigns af Lender and Borrawer, <br /> subjec� �o �he prov�siar�s of sect�an ���led Transfer of the Property or a Benef���a� Interes� �.n $orroVver. <br /> B�rro,wer's�ovena��s and agreement�shall be j a�n�and s�vera�. Any persan wha co-signs this Securi�r�x�strument <br /> bu� has na �ersona� Iiabil�ty under the �on�ract ("Accommodation S�gne�"}: �a} is co-s�gn�g th�s 5e�urity <br /> Znstrumen� on�y �o mor�gage, grant and convey tha� Accammoda��or� S�gner's �n�eres� in the F'roper�y under tihe <br /> �erms of the SeGur�ty �nstrumen�; �b� is not persana��y ob�igated �o pay �he sums secured by thjis 5ecuri�}r <br /> ��.strumer�t;anc��c} agre�s�hat Lender and any�th�r Borrawer may agree ta extend,modify, farbear or make az�y <br /> acc�mmoda�ions wz�h regard ta the terms af thi.s Security��s�rumen�ar the �an�ra�t w�thou��ha�A�comrnada��on <br /> Signer's consen�. <br /> Loan Charges. �f the �oan secured by this 5ecurity Instrumen� is subj e�t to a �aw whi�h se�s max�mum Ioan <br /> charges, and�ha�law is fina��y i�terpreted s��ha�the interes�o�r oth�r loan charges ca�lected ar to be co�lect�d in <br /> cannec��on vv��h ��.e loan e�c�ed �he permit�ed 1imi�s, then: �a� any such loan �harge sha�� be reduced by �he <br /> amoun�necessary t� reduce the charge to �he permit�ed lim�i�s ar�d�b} any sums already c�llected fram�arrou�er <br /> tivhich exceeded permi�ted limits will be reftu�ded to Borro�ver. Lender may chflose to ma�� th�s refund by <br /> reduc�g�he principa� atived under the Con�ract a�r by rnakz�.g a d�re�t payme�.t�o Borrflwer. If a refund reduces <br /> przncipa�,�he r�duc��a�wil�be�rea�ed as a par��al prepaymen�under t�e C�ntrac�. <br /> Natice5. Any not�ce �o �orrovver pr�vided far in �h�s 5ec�r�ty Instz-ument sha�� �e given by delivering �t or by <br /> mailing i�by f rst c�ass mai�un�ess Applrcable La�rv requ�r�s use of an��her me�hfld. The not�ce shall be d�rec�ed to <br /> the Pr�per�y Address or any oth�r address Borrower deszgz�a�es by�Q��ce to Lender. BarroWer agr�es �o prov�de <br /> Lender Wx�h Borroyver's most current mailing address, as it may chang� from time--t�-�ime. Any notice to Lender <br /> shal�be g�ven by f rs�c�ass mai���Lender's address stated here�n ar any other addr�ss Lender des�gnates by notice <br /> �a Barrower. Any notice provided far�n thzs 5ecurity Instrum.�n�shal�be deerned to have been given to Borrovtrer <br /> �r Lender vvhen g�ven as provided�n this paragraph. <br /> Gavernxng Lavv; Severa�i�ity.This 5ecur��ty�ns�rument shal�b�g�verned by federa�Iav�r and the�aWs af the s�ate <br /> of Nebraska. In �he eve�.� that any provis�on ar c�ause of�his S��uri�r Ins�rumen� �r �he Contract canf��c�s Uvith <br /> Applicab�e Law, such canfli�t shall no� affe�� v�her pravisi�ns of thzs Secur�ty Instrumen� ar the �ontract v�hich <br /> can be given effect�vi�hout the canfl�cting pravis�o�.. To th�s end the provis�nns of th�s Secur�ty Instrumen�and the <br /> Cantrac�are de��ared�a be sev�rable. <br /> B�rr�wer's Cop�.Bo�rr�wer sha��be giver�one copy�f�hzs 5ecuri�y Ins�trumen�. <br /> C�2�04-241 S�om��ian�e Systems,It�c.&1 SA-7E7E-2�15.12.3.1.1 I 15 <br /> Consumer Real Es�ate-Security Instrument I�L2036 Page 3 of 5 www.�ompiiancesystems.cam <br />
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