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201701172
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Last modified
7/28/2017 2:11:09 PM
Creation date
2/23/2017 9:24:19 AM
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DEEDS
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201701172
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� - 2� 17� 1172 <br /> TH�S SECL]RITY INSTRUMENT eombines unifarm co�enants far natianal use and non-uniform covenants with <br /> I�mited variations by jurisdiction ta canstitutie a uniform secur�ty ins�rurnent co�er�ng real property. <br /> � UNfF�RM C�VENANTS. Borraw�r and Lender c��enant and agree as f�llows: <br /> 1. Fayment of Pr-in�ipal,xnterest,Es�raw Items,Prepaym�nt Charges,and Late Charg�s. B�rrower sha1� <br /> , pay when due the principal of, and in�e�•est an, �he deb�e�idenced by the Note and any prepayment charges and late <br /> charges due under the Note. Borrower shall a�so pa�funds fa.r Escrow I�ems pursuant to Section 3. Payments due <br /> under the Note and this S�curity Instrurnent shall be made in U.S. currency. However, if any check or other <br /> instrumen�received by Lender as payment under the Note or this Securi��nstrument is returned to Lender unpaid, <br /> Lender may require that any ar all subsequent payments due under the Note and this Security Instrument be mad�in � <br /> ane or more of�he fo�lowing forrns,as select�d by Lende�r:��a}cash;�b�money order;(c}certified�heck,�ank check, <br /> tireasurer's�heck�r cashier's�he�k,provided any such check is drawn upon an ins�itution whose depasits are insured <br /> by a federal agency, instrumenta.li�y, �r en�ity; or�d}Electronic Funds Transfer. <br /> Payments are deemed received by Lender when received at the locatzon designated in the Nate�r a�such ather <br /> lvcation as may be designated by Lender in accordance�vith the nati�e provisians in Section 14. Lender may return <br /> any payment or partial payment if�he payment or partial payments are insuff cien�to br�ng the Loan current. Lender <br /> may accept any payment or par�ial paymen� insuff�ient tfl bring the Loan current, u���hout vvai�er of any rights <br /> hereunder ar pr�judice to its rights to refuse such payment or partial payments in the future, but L�nder is no� <br /> obligated to apply such paymen�s at the time such payments are acce��ed. If each Periodic Payment zs applied as af <br /> its scheduled due date,then Lender need not pay in�erest an unapplied funds. Lender may ho]d such unapplied funds <br /> until Borrflwer makes payment to bring the Loan current. �f B�rrower does not do sa within a reasonable period of <br /> tirne, Lender shall either apply such funds or r�turn them ta Borrower. If not app�ied earlier, such funds will be <br /> applied to �he ou�standing principal balance under the Nate immediatel� prior to foreclosure. N� offset or c�aim <br /> which Borrower might ha�e nor�or in the future against Lender shall relieve Borrower fram making paymerits due <br /> under�he No�e and this Security Ins�rum�nt ar performing the covenants and agreemen�s secured by this Security <br /> Instrumen�. <br /> 2. Application of Payments or Proc�eds. Except as otherwise des�ribed in this Section 2, al� payments <br /> accepted and appli�d by Lender shall be applied in the followin�order of prxority: �a} interest due und�r the Note; - <br /> �b)prineipa�due und�r the Note; �c}amounts due under Se�tion 3. Such payments shal�b�applied to each Periodic <br /> Paymen�in the order in which it became due. Any remaining amounts shall be app�ied first�o late charges, second <br /> to any other amounts due under�his Security Instrument, and then to reduce the principal balance of�he Nate. <br /> Zf Lender recei�es a payment from Borrower f�r a delinquent Periodzc Payrnent which in�ludes a sufficient <br /> amount to pay any �ate charge due, the payme�at may be applied ta the deli��quen� payment and the Iate charge. �f <br /> more than one Periodzc Payment is outstanding, Lender may appiy any payment recei�ed from Borrower ta the <br /> repayment of�ae Periodic Payments if, and to the extent�hat, each paymen�can be paid in fu�I. To the e�ten�that <br /> any�xcess exists after the paymen�is applied to fihe full payment of one ar more Periodic Payments, such excess may <br /> be applxed to any�ate charges due. V�luntary prepaymen�s shall be applied first to any prepayment char�es and then <br /> as described�n the Note. <br /> Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Nate <br /> shall no�extend or postpone the due date, or�hange the amount, af the Periadic Payments. <br /> 3. Funds for Eserow�tems. Borrower shall pay�o Lender on the day Periodic Payments are due under th� <br /> Note, unti� the Note is paid in ful�, a sum.�the "Funds"}to prvvide for paymen�of amounts due for: �a}taxes and <br /> assessments and other items wh�ch can attain priority over this Security Instrument as a lien or encumbrance vn the <br /> Property; �b}leaseho�d paymen�s or ground rents on the Property, if any; and�c�premiums for any and a1i insurance <br /> � r�quired by Lender under Sectton 5. These items are called"Escrow Items." AC arigznation or at any time durzng <br /> the term of�he L�an, Lender may require that Communit� Assaciation Dues, Fees, and Assessments, if any, �e <br /> escr�v�ed by Borrawer, and su�h dues, fees and assessmen�s shall he an Escrow �tem. Borrvwer sha1� prarnptly <br /> furnish ta Lender all notices of amounts�o be paid under this Sec�ion. Borrower shall pay Lender the Funds far <br /> Escrow I�ems unless Ler�der waiv�s Borr�wer's abligation t�pa�th�Funds for any or a11 Escrow It�ms. Lender may <br /> N EBRASKA-Si ngle Fam ily-UN I F�RM 1 NSTRI�MENT Dor.A�la��c <br /> MDD1 FI ED Ft7R DEPARTMENT�F V ETERANS AFFAI RS- MERS www.dacm�gi�.cvm <br /> �Re�. 11Q�} Page 4 of �4 <br /> � <br />
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