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201702782
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Last modified
7/28/2017 3:42:57 PM
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5/1/2017 11:04:27 AM
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201702782
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2� 1 7�2 782 <br /> L[]AN#: 1G�Z'1389� <br /> amount af th� sums s�cur�d immedia��iy �e�ore the partial�aking, desfiructian, vr�oss in va�ue, unl�ss <br /> B�rro��r and Lender ot�ervvis� agr�� in �rvriting, �he Misce�laneous Proceeds �ha�l b� appli�d ta th� <br /> �ums secured by�his Security instrurnent whe#her a�nat�he sums ar�then due. <br /> If the Prop�rty is abandoned by�orr��►tir�r,or if, aft�r no�i��by Lender to gorrvw�r�hat the�ppa�ing <br /> Par�y�as defined in the next sen�enc�}ofF�r�to mak�an awa�d�o se�t�e a claim f�r damag�s, Ba�ra�er <br /> faifs to resp�nd ta L�nder w�tF�in��days afte��he dat�the n�tice is given, Lend�r is�uthoriz�d fia�ol�ect <br /> and app�y �he Ill�isce�ian�ou� Pr�c��ds ���her to r��t�ration o� re�ai� vf th� property or ta t�e sums <br /> se�ur�d by th�s �ecur��y Ir��trum�r��, whe�h�r or not th�n due. "Dpposing Par�y" me�ns �he �hird party <br /> that��res Sarrawer N�is�e�lan�ous Prac�ed�or�h� pa�y against�rh�m Barrower ha� a right o�action <br /> in re�ard to Nliscel�an�aus Proc�eds. <br /> Sorrv�nr�r shal� �e in default i�an� �ction or proc���ing, �nrhethe�civil or crim�nal, is begun tha�, �n <br /> Lende�'s ju�gm�nt, �auld �es�l� �n fo�fei�ure ���h� PrQp�rt� or athe� mat�ri�� impa�irmen� of Lend�r's <br /> �r�terest in th� Prop�r#y ar rights unde��h6s S���rity I�s�#rumer��. Bar��v�re�can cure such a d��aul�and, <br /> �f a��elera���r� �as Qc�urred, r�in��a�� as pr�vi�ed in ��c�ion 'I�, �y �ausing �h� activn �r proc��d�ng <br /> to be disr��ssed �r�th a rulir�g tnat, in Lender's ju�gr�ent= preclu��s f�rfeiture of�he �'rop�rty or o�her <br /> ma�er�al ir�npairm�r�� af Lend�r's �n��res� in t�+e F'rop�rty or rights under this S�curity Ins�rum�nt. The <br /> pr�ce�ds of ar�y awa�d or claim�or damag�s tha�ar�a�tribu�a��e�a the impairm�nt af Lend��'s�n��res� <br /> in �h� Prap�rty are her�by �s�igne� and shall b� paid to L�nder. <br /> AI! Miscellane�us Pr�c�eds �h�t are not app�ied to rest�ra�i�n or repa�r of the Property �hall be <br /> a�plied in the�rde��ravided ��r in S�ct�an �. <br /> 12. B�rra�rer Not Re�eased; Forbe�ran�e By Lender Not a 111�aiv�r. Extension of the �ime �ar <br /> payment ar modifica�ian of am��ti�ation of�h� sums secured �y this ��cu�i�y Instrument �rant�� by <br /> Lend�r �� �3orraw�r or any �ucces�ar in {nfierest �� Barrower shall nat apera�e t� re�e�se �he liabili�y <br /> of Barro�rve� or any Succ�ssors in Intere�� a� Borr�wer. Lende� sha�l na� be r�quir�d �o cvmmen�e <br /> pr�ce�dings against any Suc�essor in In��r�s� of gorrower or to refus� �a ext�nd time �or �aym�n� ar <br /> a�h�ran�ise m�dify amortiza�ion fl�th�sum�s��ured by thiS�ecuri�y Ins�rum�nt by r�as�n of any��rr��nd <br /> made by the arig�nal Barrowe�or any Suc�essors in Interest of Barrower. Any for��arance by Lender <br /> in ex�rcising any righ� �� rem�dy �nc�udin�, wi�h�ut ��mi�at�an, Lender's accep�an�e of paym�nts fram <br /> third persons, en��ties o� �uccessors �n �nterest af Barro�v�r o� in a�ounts less �han �he am�un�th�n <br /> du�, sha�1 not b� a wai��r��ar�reclude th� exercise af any right ar remedy. <br /> 13. J�int and SeWera�Liabi lity;Cv-sigr�ersi Succe�sars and Assigns Bound.Borr��er cov�nants <br /> �nd agrees tha� Borr��nrer's ob�iga�ivn� and �i�b�li�y shall be joint an� severa�. Hawe►�e�, ar�y Borro�r�r <br /> �ho ca-signs�his���ur��Instr�me�t�u�da�s nat execu��the N��e�a"co-signer"}: �a�is co-signing th�s <br /> ��curity Inst��ment on�y to mvrtg�g�, grant and con��y the co-si�ner's int�r�s� �n th� P�ape�t� �nder <br /> �h� terms of this Se�u�ity �nstrum�n�; {b} i� r��� pe��ona���r ob�iga�ed �� pay th� sur�s s�cured �y th�� <br /> �ecuri�y Ins�rument; and �c} �gre�s that Ler�d�r and any other Bar�o�►�re�can �gre� t� ext�nd, m�di�, <br /> fa�rbea�vr make any accann�madafiions�vit� ��gard �o �h� ��rrr�� vf�hi� ��curi�r Ins�rum�nt ar�he Not� <br /> �ri�hout the co-�igner's can��r�t. <br /> Sub�eG� to the pro�isions af Sec�ion �8; any Succ�ss�� in In�eres# of Borrower wh� assumes <br /> Borrovver's ob�iga�ions under�his Se�uri�y ln�t�umen�in�ri�ing, and is approved by Ler�der, shall ob�ain <br /> af�of Borrower's�igh�s and benefits under t�is Securi�l Instrum�nt. Borrower shall not be released from <br /> Bo���wer's obliga�ions and liabiii�y und�r this Securi�y ln�trumen�unless Lender agree���such relea�e <br /> �n �ri�ing. The cavenants and a��eerr�en�s of th�s Security Instrument shall bind �excep#as provid�d in <br /> Se�tian 2�} and ben�fit the�uccessars and a�s�gns o€L�nder. <br /> 14. Laan Charges. Lender may charg� Bor�ow�r fees for services p�rfor�ed �n connectivn with <br /> Bor��w�r's defauf�, fv�the �u�pnse�f protectin� Lender's inter�st in �h� Property and �igh#s under thi� <br /> Secu�ity Inst�ument, including, bu�no�limi�ed to, attflrn�ys'fe�s, prop�rty insp�ction and�aluati�n�ees. <br /> 1r� r�gard t� an� a�her fees, th� abs�n�� vf express autharity in �h�s S�curity Ins�rum�nt �a Charge a <br /> sp�cific f��to Bflrrawer�h�l�not be�ons�rued as a prahibition on�he cha�ging af such fe�. Lend�r may <br /> no#charge fees that ar� �xp�ess�y pr�hibi�ed �y�his S�curi�y Ins��umen�or by Applicable Law. <br /> If the L�an is subject�o a law vvhic� ���s maximum ioan charges, and that law is final�� in��rpr�t�d <br /> sv�ha�the in��r�st or a�t�er I�an�harge�coll�cted vr t�be c�llected in cflnnection�ri�h th�Laan ex��ed <br /> �he permitted iimifis,th�en: �a}an�such�o�r�charg�sha�l be r�duced by��e amaunt necessary to r�duce <br /> tne �harg� �� the p�rmitt�� limi�; and �b} any s�ms already c�llecte� fr�m Borr�o►v�r�vhich �xc�eded <br /> perm�tted �irr�its�i�l be r�funded fio Borr��v�r. L�nde�may chaose �❑ mak�th�s refund b� re�ucing �he <br /> principa�owed under�he No�e ar by mak�ng a di�ec�paymer��ta Borr�v�r�r. If a r�fund r�duc�s princip�l, <br /> �he �eduC��on v�ii� be tre�t�d a� a par#i�l prepayment v�i�h�ut any �repa�m�n�charge ��vMe�he��r not a <br /> pr�paymen� �harge is provid�d far under�h� No���. Bo�ra�rer's aCceptance of any su�h r�fund ma�e <br /> by dir�ct payrnent�o Bo�row��wil�c�n�titute a waiv�r af any right of ac�ion Bar�a�ver mi�ht ha�e a�ising <br /> ou�of such ove�charg�. <br /> 'I 5. N�tices.All natic�s gi��n by Borr�weror Lender in cvnnect��n with th�s Securi�y Instrum�nt must <br /> b�in uvriting.Any not�ce ta Barrvvver�r�c�nn�cfi��n w��h th�s Security�nstrument shall b�d��med�o hav� <br /> been giWen �o Borro�ver wh�n m�i��d by�ir���fass mai[ ar when ac�ual�y d�li�ered �� Borrow�r's not�ce <br /> addr�ss if sent by other means. N�tice�v any on�Barrower shall cons��tute no��c�to all Barrvwers unle�s <br /> Applicab�e La�r expressiy require�atherwi��. The notice address shall b�the Property Addr�ss unle�s <br /> InitialS: �-- � � <br /> NEBRAS�{A--�ingle Family--Fannie MaelFred��e iV�ac UNIF�RN!IN�TRUMENT Farm 30�5'!1�'� <br /> E�lie Mae, Inc. Page 8 of�� NEEDEED �3�5 <br /> NEEDEE❑�CLS} <br /> �4112l�Q17 Q1:05 PM PST <br />
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