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201701880
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Last modified
7/28/2017 2:37:03 PM
Creation date
3/28/2017 8:44:47 AM
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DEEDS
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201701880
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2� 17� 188� <br /> such payment or partial payments in the future,but Lender is not�bligated ta app�y such payments at <br /> the time such payments are accepted.If each Periadic Payment is applied as of its scheduled due date, <br /> then Lender need not pay interest an unapp�ied funds.Lender may hold such unapp�ied funds until <br /> Borrow�r makes pa�ments to bring th�Loan current.If Borrower does not do so within a reasonable <br /> periad af time,Lender shall either apply such funds�r r�turn them to Barrower. If not app�ied earlier, <br /> such funds will be applied to th�outstanding principal halance under the Note immediat�ly prior <br /> to foreclosure.No affset or c�a�m wh�ch Borrower m�ght ha�e now�r in the futur�against Lender <br /> shal�relieve Borrawer fram making payments due under the Note and this Security Instrument or <br /> perform�ng the covenants and agr�ements secured l�y this Security In�trurnent. <br /> 2. Applicat�on of Payments or Proceeds. Except as otherw�se described in this Sect�an 2, <br /> a�l payments acc�pted and applied by Lender sha�l be applied in the following order�f priority: <br /> (a} �nterest due under the Note; (b�principal due under the Note;�c)amount�due under Sect�on 3. <br /> Such.payments shaii be applied to each Periodic Payment in the vrder in which it became due. Any <br /> remaining a.maunts shall be appl�ed frst to �ate chaxges, second to any other am�unts due under this <br /> Security Instrument,and then to reduce the principal balance of the N�te. <br /> If Lender recei�es a payment fram Borrower for a�lelinquent Periodic Payment which includes a <br /> suff�cient a.mount to pay any late chaxge due,the payment may be applied ta the del�nquent payment <br /> and the late charge. If rnore than one Periodic Payment�s outsta.nding,Lender may apply any payment <br /> recei�ed fr�m Borrower to the r�payment of the Per�odic Payrnents�f,and ta the extent that,each <br /> payment can he paid in full. To the extent that any excess exists after the payment is applied to the <br /> full payment of ane or more Periodi�Payments, such excess may be applied to any late charges due. <br /> Voluntary prepayments sha�l be app�ied first ta any prepayment charges and then as described in the <br /> Note. <br /> Any applic�tion of payments, insurance proceeds,ar Misce�la.n�ous Proceeds to principal due under <br /> the Note shall not extend or pastp�ne the due date, ar change the a.mount,of the Periodic Payments. <br /> 3. Funds far Escrow�tems. B�rrovver shall pa�to Lender on the day Period�c Payments are <br /> due under th�N�te,unti�the Note is paid in fu11,a sum�the "Fu�ads"}to provide for payment of <br /> amou.nts due f�r: �a)taxes and assessments and other�tems which can attain priority o�er this Security <br /> Instrument as a lien�r encumbrance on the Prap�rty;(b}leasehold payments or ground rents an <br /> the Property, if a.�y; �c�premiurns f�r any and a11 insurance requ�red hy Lender under Se�tion 5; <br /> and�d}Mortgage Insurance premiums, if any,or any sums payable by Borrower to Lend�r in lieu <br /> of the payment af Mor�gage Insurance premiums �n accordance with the pro�isi�ns�f Secti�n �U. <br /> These items are called "Escr�w Iterr�s".At origination or at any t�me duri�g the term of the Loan, <br /> Lender may requ�re that�ommun�ty Assoc�ation I]ues,Fees, and Assessments, if a.r�y,�e escrowed <br /> by Borrower,and such dues, fees and assessments shali be an Escrow Item.Borr�wer shail prompt�y <br /> furnish to Lender all notices af amounts to be paid under this Section.Borrower shal�pay Lender the <br /> Funds for Escrovv Items unless Lender waives Borrower's ob�igation to pay the Funds far any or al� <br /> Escrow Items.Lender may wai�e Borrower's obligation to pay to Lender Funds for any or all Escrow <br /> Items at any time.Any such waiv�r may only be�n writing.In the e�ent of such waiver,Borr�wer <br /> shall pay directly,when and Where paya�le,the amounts due for any Escraw Items for which <br /> payment of Funds has been waived by Lender and, if Lender requires, shal�furnish ta Lender receipts <br /> evidencing such payment w�thin such time period as Lender may require.B�rrower's obligation to <br /> make such payments and ta pro�ide receipts shal�f�r al�purposes be d�emed to be a co�enant and <br /> agreement contained�n th�s Security Instrument, as the phrase "c�venant ar�d agreement" is used in <br /> Section 9.If Borrower�s ob�igated to pay Escr�w Items directly,pursuant to a wai�er,and B�rrower <br /> 230043584� <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNiF�RM INSTRUMENT Fvrm 3�281I01 <br /> VMPG�7 aG12�15 <br /> Walters Kluwer Financia�Ser►►�ces 2�17�31617 1❑41 D2-.i20160926Y Page 4 of 1 fi <br />
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