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201701709
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Last modified
7/28/2017 2:31:49 PM
Creation date
3/20/2017 8:50:51 AM
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DEEDS
Inst Number
201701709
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2� 17� 17�9 <br /> In t�e e�ent c�f a par�ia.��.�in�,des�ru�tian,or 1o5s in�a1ue of'the Proper�y in tivhich the fai�r marke� <br /> va�ue of th�P�op�rty imm�diat�ly before the partial tak�ng,des�ruc�ion,or loss in value is�ess�han the <br /> amount o��he sum�s�cured im�nediately bef�re the partial taking, destruction,or�oss in walue,uni�ss <br /> �orrowcr and L�ndcr o�hcrwis�agree in�vriting,the Misceilaneous Procced�shalt be ap�alied to the sums <br /> secured by this Security Instrument wh�ther or nat the Sums are then du�. <br /> If the Praperty is abandaned by Barrawer,or if, after notice�y Lender to Borrower that�he�pposin� <br /> Farty(as defined in thc next sentence�offers to make an a�ard to s�tt�e a claim far damages,Borrow�r <br /> fails to respand to Lender within 3�days after th�date t�t�n�t�ce is g�v�n,I�end�r is autb�r�2�d to cal�ec� <br /> and ap��y the Miscel�aneous Proceeds either to restorat�on or repair�f�h�Property or to the sums <br /> secured b�this Security�ns�rum�nt,�uhether or not then due. "�p�asing Pa.rty" means the third party <br /> �hat ow�s B�rro�ver Miscellane�us Pr�ce�ds or thc party against whom Borrow�r has a right of a�tion in <br /> regard to M�scel�ane�us Proceeds. <br /> Barrawer shal�be in default if any action ar proceeding,w�hether ci�i1 or crimina�, i�begun that,in <br /> Lender's�judgment,cou�d result%n farfei�ur�of the Property or other ma�er�a�impairmen�of Lender's <br /> interest i�1 the property or rights under this Security Instrument,Borrower Gan cure suGh a default and�if <br /> acceleration has occurred,reinstate as pro�ided in Sectian �S,by causing the a�tian ar pro�e�ding�a be <br /> dismissed with a rulYng t�at,xn L�nder's judgment,pr�cludes f�rfeitu�e of the Pr�per�y or other material <br /> impairm�nt�f Ler�der's interest in.the Propert�or rights under th�s Security Instrument.The proceeds of <br /> any award or claim f�r�arnages that are attributab�e t�the xmpairment of Lender`s int�rest in th� <br /> Propert�are hereby assigned and shal�be paid to L�nder. <br /> A�1 Miseellaneous Proceeds that are not applied to restoratian or repa.ir of rhe Property shall'b�applied in <br /> the order pra�ide�f�r in Sec�ion�. <br /> 1�I. B�rr�c�wer Not#��leasec�;Forbearan�eBy Lender Nat a Waiver. Extension of th��ime for payment <br /> or rrxadifi�ation of arxlarti�ation c�f the sums seeur�d by this Securx�y�nstrument granted by Lender ta <br /> �orrower or any Suc�essar in Interest of Borr�wer shall not aperate to re�cas��he liabi�ity of.�orrd��r or <br /> any Successors in Interest of Borrower.Lender sha11 not be required�o commence proceedings against� <br /> any Successor in Interest of Borrower or to refuse to�xtend t�me for payment or atherwise modify <br /> amortization of the sums secured by this S�curity Instrurner��by reason o#'an}�demand made b�the <br /> arigina�Borrow�r ar any Su��ess�rs i�Interest of Boxro�er.Any forbearance�y Lend�er in�excrcising <br /> an�ri��it ar remedy inc�ud�ng,without limitati�n,�.ea�er�s acceptance of pa.yrnen�s�rom third persans, <br /> entities or Successa�s in�nterest of Barrower or in arr�ounts�ess than the amount then due,shali not be a <br /> wai�er af or prec�u�.e the exerc�se of any right or remedy. <br /> �I�. Jv�nt and aevera�Liabilrty;��-si�n�rs;Successarsand As�i�nsBvu�ci.Barrawer�ovenants and <br /> agrees rhat F3orrawer`s obl�gations and liability Sha�l�ae jaint and s�vera�. Ha�ever,an�F3orrawer v�rho <br /> eo-signs t��s SeGurit�znstrument but does nat execute the Note�a "co-si�ner"�: (a}is co-signing th�s <br /> S�curity�nstru�nent on�y to martgage,grant and con�ey the co-sig�er's interes�in the Property under the <br /> terms of thi�Sec�rii�Instrument;(b�is not persona����bligated to pa�the s�rns s�cu�'ed by this Security <br /> In�trument;and�c�agrees�hat Lender and a�y other Borrower�an agr�e�ta extend, �nodify, forbear or <br /> m�.ke a�ny accammodations�vith regard to the terms of this Securit�I�strum�nt or the Nate�ithout the <br /> �a-sign�r�s c�nsent. <br /> FHA Deed of Trust With MERS-NE 913�12414 <br /> �arikcers Syst�ms�� Vf�AP 0 V1�IIR4N(NE}(�5Q6}.�4 <br /> Wolters F(luw�r Fin�nci��Servi�e5 Page'40 4f 17 <br /> q43373�198g3 �233 331 1017 <br />
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