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201700033
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Last modified
7/28/2017 1:24:30 PM
Creation date
1/3/2017 1:28:27 PM
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DEEDS
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201700033
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2� 17���33 <br /> L�AN#: 3314Z414'I <br /> amount af the sums secured immediate�y b�fore the par�ial taking, d�struction, or foss in va�ue, unless <br /> Borrower and Len�er atherwise agr�e in writing, fhe Miscellaneous Prviceeds shall be applied to the <br /> sums secured by th�s Security �nstrument whefher ar not the sums are then due. <br /> If the Prvperty�s abandoned by Borrower,ar if,a#ter notice by Lender tv Barrawe�that the�pposing <br /> Party�as defined in the nex�sentence}�ffers ta make an award#o settle a claim for damages, Bor�ow�r <br /> fails to��spand to Lender wi#hin 3�days after the date the notice is g��en, Lender is authorized to collect <br /> and apply the Miscellaneaus Proceeds either to restoratian ar repair af the Property ar to th� sums <br /> secured by this 5ecurity Instrument, whether or not then due. "�pposing Party" means�he third party <br /> that owes Borrower Mis�ellanevus Praceeds or the party against whom Sorr�wer has a �ight of action <br /> in regard to Miscellaneous Proceeds. <br /> Borrower shall be in defau�t if any ac�ion or proceeding, wh�fher civil or criminaE, is begun tha�, in <br /> Lender's judgment, cauEd resuit in fvrfeiture of the Property �r oth�r materiai �mpairment �f Lender's <br /> interest in the Property or rights under this Securi#y Instrument. Borrower can cur�such a default and, <br /> if acceleration has occurred, reinstate as pro�ided in Section �9, by causing the ac�ion or�roceeding <br /> to b� dismissed with a ruling that, in L�nder's judgmenf, pre�ludes farfeiture of the Property or vther <br /> mater�al impairm�nt of Lender's inter�st in the Prope�ty o� righ#s under th�s SeCurity Instrument. Th� <br /> prviceeds of any award or cla�m for damages that are attributable t�th�impairment of L�nder's interes� <br /> in the Property are hereby assigned and shall b� paid t�Lender, <br /> All Misce�lan�aus P�aceeds that are not applied t� restvratian or repair vf the Property shall be <br /> appl�ed �n the order pro�id�d for in 5ectian �. <br /> 'IZ. Borrvwer Nat Refea�ed; Forbearance B� Lender IVot a Wa��er. Ext�nsion o�the time �vr <br /> payment or modificafion of amort�zation af the sums secured by this Se�urity Instrument granted �y <br /> Lender t� B�rrawer or any Successor in Interest o�Borrower shall no� operate tv release the liability <br /> of B��rower ar any Su�cesso�s in Inte�est �f Borrvwer. Lend�r sha�� not �e requ�red t� commence � <br /> proceedings against any Successor in Inter�st of Borrower or#o r�fuse to extend time for payment ar <br /> vtherwise madify amortization vf the sums secured by this Security lnstrument by reason of any demand <br /> made by the original Borrawer ar any 5uccessors in Inter�st of Borrower.Any forb�arance by Lend�r <br /> in exerc�s�n� any right ar remedy including, ►►vithaut lim�tati�n, Lender's acceptance of payments from <br /> third persons, ent�ties or Successors in Inte�est of Borrower or in amounts less than the amount then <br /> due, shall na�he a v►raiver nf ar preclude the exe��ise of any right or�emedy. <br /> 'I 3. J�int and 5e�era�Liability;�o-signers;Succ�ss�rs andAssigns Bvund,B�rr�w�rca�enants � <br /> and agre�s that BorravUer's obligations an� liability shal� be joint and se�eral. Howe�er, any Borrower : <br /> , <br /> who co-signs this Security Instrument but daes nat execu#e th�Nate�a"co-signer"}:�a}is co-signing this I <br /> Security �nstrument�nly t� mort�age, grant and con�ey fh� co-signer's interest in the Proper�y under <br /> the terms of this Security Ins�rument; �b} is nat p�rsonally obligated to pay the sums secured �y this <br /> Security �nstrument; and ��} agrees#hat Lender and any other Borr�wer can agre�ta extend, modify, <br /> for��ar or make any acGomm�da�inns w�th regard to#he�erms of this Se�ur�ty �nstrument or�he Nvte <br /> without the co-s�gner's consent. <br /> 5ubj�ct t� the pro�isions of Section 18, any Successor in interest of Barrawer who assumes <br /> Borrower's o�Ciga#�ons under this 5ecurity Instrument�n writin�,and is appro��d by Lender,sha��obtain <br /> aEl of Borrower's rights and ben�fits under this Security Instrument. Borrawer shall not be released from <br /> Borr�wer's obligations and liability under th�s Security Instrum�nt unless Lender agrees to such r�lease <br /> in writing. The covenants and agreements of this Security Instrument shall bFnd �except as pro�ided in <br /> Se�tion 2�}and benefit the success�rs and ass�gns�f Lend�r. � <br /> '14. Loan �harges. Lender may charge Borrower fees fvr ser�ices perform�d En connection with ' <br /> Borr�wer's default, for the purpose�f protectin� Lender's in�erest in the Property and rights und�r this <br /> Secur�ty Instrument, including, but not limited to, attorneys'fees,property inspec#i�n and valuation fees. <br /> !n regard t� any �ther f�es, fhe absence of express authori#y in this Security Instrument to charg� a <br /> specifi�fee tn Bnrrow�r shall nat be cvnstrued as a prohibition on�he chargrng of such fee. Lender may <br /> no#charge fees that are expressly p�vhi�ite� by this Securify Ins�rument or by Applicabfe Law. <br /> I�the Loan is subj�ct ta a law which sets maximum loan charges, and that law is finally interpreted <br /> sa that the inter�st or other Ioan charges colfected o�to be c�llected in cannection with the Loan exceed <br /> the permitted limifs,then: �a}any such I�an charge shall be reduced by the amount necessary to reduce <br /> the charg� to the permitt�d Eimit; and �b} any �ums already cvllected from Borrov►rer which exceeded <br /> permitt�d limits vuill be �efun�ed ta Borrow�r, Len�er may ch�ase to mak�this r�fund �y reducing the <br /> pr�ncipal ow�d under the Note or by making a direct�ayment to B�rrower. !f a refund re�uc�s prin�ipal, <br /> the reduction wilf be treated as a partial prepayment without any prepayment charge�wheth�r or not a <br /> prepayment charg� is pro�ided far under the Note}. Barrower's a�ceptanc� of any such refund made <br /> by direct payment ta Borrow�r will constitute a waiver of any right of acti�n Borraw�r might ha�e arising <br /> out of such overcharge. <br /> 15. N�tices.All notEces g�ven�y Barrower or Lender in��nnecti�n with this Security Inst�ument must <br /> be in writing.Any notice to B�rrvwer En�flnnect�on with this Security Instrument shall be deemed to ha�e <br /> been gi�en to B�rrower when mailed by first c�ass mail ar when a�tually deli�ered to Borr�wer's notice <br /> address if sent by other means.Notice to any an�Barrower shall cons�itute natic�to all Borrowe�s unless <br /> Appli�able Law expressly requires atherwise.The no��ce address shall b�the Pro�erty Add�ess unl�ss <br /> NEBRASKA--Single Family--Fannie llAaelFreddie Mac UN�FORM lNSTRUMENT Form 3428�1Q1 <br /> Ellie Mae,Inc. Page S of 11 NEEDEE❑ 03�5 <br /> NEEDEED tCLS} <br /> 1212212��6 D8:ZS AM PST <br /> �. . . <br /> . <br /> � <br /> � <br />
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