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90106568
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Last modified
10/20/2011 10:57:16 PM
Creation date
10/20/2005 10:01:41 PM
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DEEDS
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90106568
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y , <br />i <br />-_ <br />90-. 10050 <br />T. Condemnation. The proceeds of any award or corn for det+agee, direct or consequential. In connection with any <br />condemnation or other tekktg of any part of the property. or for conveyance in place of condemnation, are hereby assigned and shall be paid <br />to Lander to the extent of the fug amount of the Indebtedness that remains unpeld undw the Note and this Security instrument. Lender <br />shag apply such proceeds to the reduction of the Indebtedness tmda the Note and this Security instrument, tint to any delinquent amounts <br />aeow im the order prmVad in Paragraph S. and then to p epaytnnH c+! Any spr&ation of the proceeds to the prin:ipat shag <br />not extend or postpone the due date of the rnonthy payments, whleh are referred to In Paragraph 2, or change the amount of such payments. <br />my excess procxeda over an amount required to pay al outstanding Indebtedness under the Note and this Security Instrument shag be paid <br />to the entity Mg* enOM thereto. <br />Ia. Fees: Lender may cow fees and charges authofted by the Secretary. <br />9. Grounds for Acceleration of Debt. <br />(a) Default. Lender may, except as Wad by regulations issued by the Secretary in the case of payment defaults, require <br />knn ecliste payment in fug of all sums secured by this Security Instrument 11: <br />n Borrower defaults by keg to pay in full any monthly payment required by this Security Instrument prior to of on <br />the due date of the nod monthly payment, or <br />i7 Borrower defaults by failing. for a period of thirty days, to perform any other obligations contalned in this Security <br />Instrument. <br />(b) Sale Without Credit Approvat. Lender shelf, N permitted by appicabfe laws turd with the prior approval of the Secretary, <br />require i mnedate payment in NN of all the sums secured by this Security Instrument N: <br />M N or pat of the Property h otherwisg hansfered (other then by devise or descent) by the Borrower. and <br />M The Property is not occupied by the purchaser or grantee as his or her primary or secondary residence, or the <br />purchaser or grantee does so occupy the Property but his or her credit has not been approved in accordance with the <br />requirements of the Secretary. <br />(c) No Waiver. If circumstances occur that would pamtit Lender to require immediate payment to NN, but Lender <br />does not require such payments. Lender does not welve its fights with respect to subsequent events. <br />(d) Regulations of HUD Secretary. in many circumstances regulations issued by the Secatelary will limit Lender's <br />rights In the case of payment detaults to require immediate payment in tug and foreclose if not paid, This Security <br />Instrument does not authorize acceleration or foreclosure I not permitted by regulations of the Secretary. <br />10. Reinstatement. Borrower has a right to be reinstated N Lender has required immediate payment in full because of <br />Borrower's failure to pay an amount due under the Note or this Security Instrument This right applies even after foreclosure proceedings <br />are instituted. To misstate the Security Instrument, Borrower shag tender in a Our-p sum all amounts required to bring Borrower's account <br />current including, to the extent they are obligations of Borrower under this Secuoty Instrument, foreclosure costs and reasonable and <br />custorm y attorneys' fees and enge^ses property associated with the foreclosure proeeeiforg,. Upran reinstatement by Borrower, this Security <br />Ins ti t and the obligations that it secures shall remain In of ;t as if Lender had not recr#e8 Emmediste payment in full. However. <br />Lender is not required to permit reinstatement d- (ij Lender has accepted rein"mr:mt after the commenceenent'of foreclosure proceedings <br />within two years Irnmediatey preceding the camm nrnment of a current foredo.-s -z- proceeding, On reinstatement will preclude foreclosure <br />on different grounds in the future, or a rehnst;35? twill adversely affect the pi4crity of the Ben created by this Security <br />Instrument. <br />11. Borrower Not Released; Forbearance By Lender Not as Waiver. Extension of the time of payments or modification <br />of amortization of the sums secured by this Secuity instrument granted by Lerrdr_- to any successor in Interest of Borrower shall not <br />operate to release the liability 91 Vn-A S,d&al Igo A& or Borrower's successor in interest. Lender shall not be required to commence <br />proceedings against any successcr rr,. Rx"onst: or Muse to extend time for payment or otherwise modify amortization of the sums secured <br />by 7is Security Instrument by reopen+ of" xd made fay the original Bonower or Bomp'e's successors in interest. Puny forbearance <br />by, Lender In exercising any right or remedy, shalll. nbt: be a ,Hari :w of or preclude the exercise of any right or remedy. <br />r. <br />12. Successors and Assigns So unfit Joint and Several Liability; Co- Signers. The caeerants anti a (#ements ' <br />of tiffs Security Instrument shall bi-•d; and berre t the successors and assigns of Lender and Borrower, subject to the protilvii=z ai <br />paragraph 9.b. Borrower's covenants and agreements shall be joint and several. Any Borrow:+e• MTO co-signs this Security ii't�rumenl but <br />does not execute the Note (cep is si myrg; ti-t s Security instrument only to mortgage, grant ern!'. Canvey that Borrower's interest in the <br />Property under the terns of this bhp- 06�3rrmt (b) is not personally obligated to pay tine sans seared by this Security Instrument.-. <br />and (c) agrees that Lender and ear c, rs Samaa&hm- relay agcae to extend, madity fotb= or r-.ir any accommodations with regard to tire• tam <br />of this Security Instrument or the• lq:ne witraut that Borrowers consent <br />13. Notices. Any notice to. 8amrser provided for in this Security Instrument shall be given by delivering it or by mailing <br />it by fast class mail unless applicable law requites use of another method. The notice shall be directed to the Property Address or any <br />other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class maul to Lenders address stated <br />herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have <br />been gven to Borrower or Lender when given as provided In this paragraph. <br />14. Governing Law; Severability. This Security Instrument shall be governed by Federal law and the law of the jurisdiction <br />In which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with <br />applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without <br />FHA Nebraska Deed of TfLAI • 72,'69 <br />Page 3 of 5 (form f-DTN3.ptm1 3;90 <br />. - �. —fly`5'r'.i�'.t�✓ <br />NA <br />`�•;tc.��a� fir � t-r <br />. - �. —fly`5'r'.i�'.t�✓ <br />NA <br />
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