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201702141
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Last modified
7/28/2017 2:44:13 PM
Creation date
4/6/2017 10:00:31 AM
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201702141
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2� 17�2141 <br /> Inspect�on. Lender �r ��s a�en�may ma�e reasanab�e �ntr�es upan and inspections af the Proper�y. Lender sha�� <br /> give Borro�ver natice at the time�f or pri�r ta an inspec�ion sp�c�fyzng reasanab�e cause for the insp�c�ian. <br /> �ondemnativn. The proceeds of any award flr c�a�m far damages, direct or consequen�ial, in connec�ion v�ith any <br /> c�ndemnatian or o�her�aking of any par� of the Proper�y, or for c�nveyance �n lieu �f condemna�ion, are hereby <br /> ass��x�.ed and shall be pa�d to Lender. <br /> �n the even� of a to�al taking af the Property, �he proceeds sha11 be applied �a �he sums secured by �h�s Security <br /> �ns�rumen�, wheth�r �r na� then due, with any excess paid �o Borrvwer. Zn �he eveflt af a par��al �aking �f the <br /> Property in which the fair market va�ue of the Property imrnediately before �he �aking �s �qua�ta or grea�er�han <br /> the amount Qf the sums secured by �his 5ecurity �ns�rument immedzately befare �he taking, unless Barrower and <br /> Lender o�herwise agree in wri�ing,�he sums secured by th�is 5e�ur�ty Instrument sha�l�e re�luced by�he amoun��f <br /> �he proceeds multiplied�by�he fo��ow�ng frac�ion: �a}the�otal amount of the sums secured immed�a�e�y before�he <br /> �aking, divided by �b� the fazr marke�va�ue af�he Praperty irnmedia�e�y before the tak�ng. Any balance shal� �e <br /> paid �a Borrov►rer. �n �he �ven� of a partial taking af the Proper�y in wh�ch �he fair market value of�he Propea�ty <br /> rmmedia�ely before �he taking is �ess �han the am�unt af�he sums secur�d immedia�e�y befare the �aking, un���s <br /> Borra�vver and Lender o�her�vise agree in wr��ing or un�ess Applicable Lav�ntherwise prov�des, the prac�eds sha11 <br /> }�e applied�o the sums secured by�his Security�ns�rumen��vhether or not the sum�are ther�due. <br /> �f th.e Property�s abandaned by Borrower, or if, after notice by Lender�o Borraw�r that the candemnor affers to <br /> make an award or settle a claim for damages,Borro,wer fa�Xs to respond to Lender v�th�n the minzmum number of <br /> days es�ab�ished by Applicable Law af�er the date the natice is given,Lender is au�hor�zed�o collect and app�y�he <br /> proceeds, at tt� �p�zan, either �a restora�ian or repa�r of th� Pr�perry or �o �he sums secured by thxs Security <br /> �nstrumen�,u�he�her or n�t then due. <br /> Unless Lender and Borrower vtherwise agree in writ�ng, any applica��on af proc�eds�o principal shal�not extend <br /> or pos�p�ne the due date af�he paymen�s due under�he�on�rac�ar change�he amoun��f su�h paymen�s. <br /> Borrawer Not Released; Forbearance By Lender Not a Waiver. Extenszon of �he �ime for paymen� or <br /> madifzca��on of amortizatian of�he sums se�ured by this Secur��y Ins�ru.m.en� gran�ed by Lender �a B�rraWer ar <br /> any su��essor in interest af Bflrrav��r sha11 n�� operat� to release the �iabx���y of the original Borravver vr <br /> Ba�-rower's successors in in�eres�. Lender sha��n��be re�uired to con�mence proc�edings agains�any successor in <br /> in�eres�or refuse�o e��end tzme for payment ar otherwise mod�fy amortiza�zan of th.e sums secured b�this Security <br /> Zns�rument by reason of any demand made b}� �he ariginal B�rrou�er or Barrovr,rer's successors in interes�. Any <br /> forbearance by Lender in exercising any right or remedy shall n��be a waiver af or pr�clude the exercise flf any <br /> r�gh��r remedy. <br /> Successors and Ass�gns Baund; Jaint and Several Liability; Accammodat�on S�gners. The covenants and <br /> agreements af this Securi�Ins�rum.ent sha��]��nd and b�nefi��he successars and assigns of Lender and Barrower, <br /> subjec� ta ��ie �rovisions of sec�ion ti��ed Transfer af the Property or a B�nef�cial Interest in �3arrow�r. <br /> Borrovver's cove�.ants and agreemen�s sha���e�oin�and several. Any person who co-signs�h�s Security instrument <br /> bu� has no persana� liabi�ity under the �ontra�t �"Accammodat�on Sigmer"}: �a} is co�-signing �his Securi�y <br /> �ns�rum�nt on�y �o mar�gage, gran� and con�rey tihat A�commfldation Signer's �n�erest in the Proper�y under �he <br /> terms of the 5ecuri�y �ns�rumen�; ��b} �s na� personal�}r ab�zga�ed to pay �he sums secured by this Securi�y <br /> �nstrurn�nt; and�c} agrees�hat Lender and any ather Borravver may agree to ex�end, mod�fyy forbear or mak�any <br /> accommada��ons with regard ta�he terms af th�s Securi�y Ins�rument ar�he Can�ac�u�i�hou��ha�Accammada�ion <br /> Signer's co�sen�. <br /> Loan �harges. �f�he Ioan secuared �y �his Secur�ty Zns�rument is sulajec� to a law which se�s ma�imum loan <br /> charges, and that lav�r is finally in�erpre�ed so�ha��he in�erest Qr o�her�oan charges co�lected or to be c��lected�n <br /> connec�zon Uv�th �he 1�an exceed �he permi��ed �zmi�s, �hen: (a} any such �oan chaxge shall be reduced by �he <br /> amoun�necessary ta reduce�he charge�o�he permit�ed l�mi�s and �b} any�ums alr�ady co�l�c�.ed from Barrflwer <br /> �vhich �xceeded perm�tted limits vvill be refunded �a Borrower. Lender may �hoose t� make �h�s refund by <br /> reducing the prin�ipa� ovved under the Contrac� or by mak�ng a d�rec�paymen��o Borrower. �f a refund reduces <br /> pr�nc�pa�,the reduc�ion vvill be trea�ed as a par�ial prepaymen�under�he Con�ract. <br /> Nntices. A.ny n�tice ta Borrower prov�ded for �n th�s Securi�y �nstrument �hall be given by deliver�ng �t ar �y <br /> mail�a�g�t by f rs���ass mail un�ess Appl�cab�e LaW requires use of ano�her me�hod. The natzce sha��be direc�ed�a <br /> the Property Address or any other address Borrower des�gna�es by natic� tfl Lend�r. Borr�vver agrees �a pravide <br /> Lender with Borr�v�rer's mos�current mai�ing address, as i� may change from time-�o-t�me. Any natice �a Lender <br /> sha�I be g�ven by firs�c�ass mai��o Lender's address s�ated herein flr any other address Lender d�s�gnates by no�zce <br /> t�Borrower. Any natice pravided for in�his Security�ns�rument sha11 be deemed�a have been given�o Borrotiver <br /> ar Lender when given as provided in this paragraph. <br /> Govern�ng Law; Severabiii�y.This S�curi�y Yns�rument sha11 he g�verned by federal law and�he Iaws af�he s�a�e <br /> of Nebras�a. �n �he e�rent �hat any provision or clause of�his Secur�ty Instrument ar �he C�n�ra��. conf�ic�s wi�h <br /> AppX�cable Law, su�h cflnflic� shall nat affec� ather provis�ons of�hi.s S�cur�ty�nstrument or f.he �on�rac�vvhich <br /> can be given effec�vvzthnu�the confl�c�ing praviszan. T��his end�he provisions flf�h�s Security Instrumen�and�he <br /> Contract are declared to�e severable. <br /> Borrawer's C�py.Barro�wer sha��be g�ven one copy af�his Security Ins�r�umen�. <br /> Transfer�f the Proper�y or a Bene�cYa�Interes��.n Barrower.�f al�or any par�of�he Praper�y or any interest <br /> in it is so�d ar transferred �or �f a benef cial in�erest �n Barravver is sald or transferred and Bflrrower is not a <br /> na�ura� persfln} vv��hout Lender's prior wri�ten �onsen�, Lender may, a� �ts op�ion, require irnmediate paym�n� in <br /> �2a44-2fl 15 Compliance Systems,Inc.618A-DEd6-2�I 5,l 2.3.1,l 115 <br /> Consumer Rea�Estate-Security Instrument DL243d Pa�e 3 af 5 www.compliancesystems.com <br />
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