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201701244
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Last modified
7/28/2017 2:14:48 PM
Creation date
2/27/2017 11:23:57 AM
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DEEDS
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201701244
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2� 17� 1244 <br /> Borrower and Lender otherwise agree in writing,the Miscellaneous ProGeeds shall be applied ta the <br /> sums secured by this Security Instrum�nt whether or n�t the sums are then due. <br /> �f the Property is ahandoned by Borrawer, ar if, after natice by Lender to Borrotiver that the apposing <br /> Par�y(as def ned in the n�xt sentence�offers to make an award to settie a c�aim for damages, Borrower <br /> fails to r�spond to Lender within 3�days after the date the notice ts gi�en,Lender is authorized to <br /> collect and appiy the Miscel�aneous Proceeds either to restorat�on or repair of the Prflperty or t�the <br /> sums secured by th�s Security Instrument,�vhether or not then due. "�pposing Party" means the third <br /> party that owes Borrnwer Mis�ellaneaus Proce�ds or the party against whom Borrower has a right of <br /> action in regard to Miscellaneous Pr�ceeds. <br /> Barrawer shall be in default if any action or proceeding,vvhether ci�il �r�riminal, is�egun that, in <br /> Lender's judgment, could result�n f�rfeiture of the Property or other material impairment af Lender's <br /> interest in the Pr�perty ar rights under this Security Instrument. Borrower can �ure such a default and, <br /> �f accelerat�on has accurred,reinstate as pro�ided in Section �9, hy causing the action ar proceeding <br /> to be dismissed with a ruling that, in L�nder's judgr�ent, precludes forfeiture af the Property or other <br /> material impairment of Lender's interest in the Property or rights under this Security Instrument. The <br /> proceeds of any award or claim for damages that are attributable tfl the impairment of Lend�r's interest <br /> �n the Property are herel�y assigned and shall be paid to Lender. <br /> All Miscellaneaus Proceeds that are not applied to restoration or repair af the Property sha�l be applied <br /> in the order pro�ided for in Section 2. <br /> 'I�. Barrower Not Released; Farbearance By Lender Not a`Ilrai�er. Extension of the <br /> time for payment or madification of amortization of the sums secured by this Security Instrument <br /> granted by Lender to Borrovver or any Successar in Interest�f Borrower shall not aperate to release <br /> the liab�lity of Borrower or any Successors in Interest of Borrower. Lender shall not l�e required ta <br /> commence proceedings against any Successor in Interest�f Borrawer or to refuse to extend time <br /> for payment or otherwise modify amort�zation of the sums secured by this S�curity�nstrument by <br /> reason of any dernand made by the original Borrower or any Success�rs in Interest af Borrawer. <br /> Any f�rbearance by Lender in exercising any right or remedy in�luding,without��mitation, Lender's <br /> ac�eptance�f payments from third persons, entities flr Successors in Interest of Borrower or in <br /> amounts less than the am�unt then due, shall nat be a wai�er of or preciude the exercise of any right ar <br /> remedy. <br /> �13. Joint and Se�era� Liability; Co-signers; Successors and Assigns Bound. B�rrower <br /> covenants and agrees that Barrower's obligations and liability shall�e joint and se�erai. H�we�er, <br /> any Borr�w�r who co-signs this Security Instrument but do�s nat execute the Note�a"co-signer"}: <br /> �a� is co-signing this Security Instrument only to mortgage, grant and con�ey the cfl-signer's interest <br /> in the Property under the terms of this Secur�ty Inst�ument; �b}is n�t personally obligated to pay the <br /> surns secured by this Security Instrument; and�c}agrees that Lender and any other Borrower can <br /> agree to e�tend, modify, f�rbear�r make any accommodations with regard to the terms of this Security <br /> Instrument or the Nate w�thout the co-signer's consent. <br /> Subject ta the pro�isians�f Section 1 S, any Successor�n Interest of Borrower who assumes <br /> B orrower's o�1 igati on s under th i s S ecurity In strurn ent in writing, and i s appro�ed by Lender, shall <br /> HCFG-00359 2294Q83�721� <br /> NEgRASKA-5ingle Family-Fannie MaelFreddie Mac UNfFORM INSTRl1MENT Form 3a28 11�'i <br /> VMP�] �4115 <br /> Walters Kfwver Financial Services 2017D2�515.3.2.35D9-,�2�1�122DY Page 11 af 17 <br /> � � <br />
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