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<br /> � �'a,. 1��c�v� LOAN NQ. .
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<br /> I TMI8 3ECUfiIN IN�TRUMENT combines unHorm covenanteior natlonal use and non-unlform cove�ants with "�' -
<br /> , � ..,�;:
<br /> ftmftod varlatlans by Jurir�dlctlon to constftute e un{torm security Instrument covering raal proporty. ,�
<br /> � � UNIFOR�1 C6VGN/�(�i S.�or�ower and Lender covenant and agrae as followe: ��
<br /> 1 1.Paymont of Princf�pat�nd Inttre�t;Prepayment�nd Late�h�rge�. Borrower shall pro�i��tly pay when due �t�: -
<br /> I tho prinolpal of and Intoroat on the debt evldenced by the Note and any prepayment and late charges due under the ,:;
<br /> .,,.� Noto. `.
<br /> '.'.,.,;, 2.Funds for Texos snd Inturance. SubJact to applicable law or to a written wafver by Lender,Bor�ower yhall y ,r
<br /> ' :�:; to I.onder on the day monthly payments are due under the Note,until the Note is palsi In full,a sum('Funds') for:(a�
<br /> . •�' oarly texes and asaooaments which may Attain priority over this Security Inst�ument as a Ilen on the Property;(b)yearfy ,',,
<br /> :,� �,: ;:�_
<br /> ennol�ald paymentc or ground rents on the Property,N any;(c) yea►iy hazard or property fnsurance premiums;(d) . . .
<br /> , y�ady flaod Insurtinco peramlums,if Any;(e)yeady�'►ortgage Insurance premiums,H any;and(fl eny sums payable by ���,�: ��;��
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<br /> - 13otrower to Lendor,I�a�cordance wfth the provlslons of paragraph e,In Ileu of the payment of mortgage Insurance � � �: � �:�-�
<br /> promlums.Theso Itoma are called"Escrow Items."Lender may, at any time,collect an d hold Fun ds in an amoun t no t to '�:����,�;,-
<br /> •..;;;, oxceesi the maximum ainount a lender far a federally related mortgage loan may requlra for Borrower's escr�w account =��_
<br /> ��:�� under the federal Real��tate Setdemerit Procedures Act of 1974 as amended from time to t�mo,12 U.S.C. §2601 ei =�;;:�°"�-
<br /> ' s �.�;>� ¢�:q.("RESPA ,unloos enoYher law ttutt applles ta the Funds sets a lesser amount.If so,Lender may,at�ny tlmo,collect ,��:A�„�;:
<br /> `` >� ;.:tir' --
<br /> � .; ..�.._.,,r� a��3 hdd Fu a In an anrtount nat 4o ex�eed the lesser�mount. Lender may estimate tha amount of Func7s due on tho >-�•--
<br /> ' :; � ��� �� �asis of cuRen2 cl�ta ai�d reasonable estirnates of expendliures oi fa�2ure Escrow Items or ott�a�,visa In Accordanc9�v1th '
<br /> �,,;. �;' . . }s� �pAlicable law. _
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<br /> � �'.r�t��, The Funde ehall be�eid in an inatftution whose d�posits are ins�ared by a tedoral agency,i�strumontality or entiry , ' "`"'�''--==
<br /> � .r.,._._,...
<br /> ' (in�luding Lendor,If I_ancier lu such en Instftution)or in any Federal Hame Loan Bank.Lender shall apply 29�e Funds to -�����
<br /> __._�.'::�..---
<br /> � pay the Escrow Itomr,. I.snder may not charge Borrower for holding and applying the Funds,annualty analyzing the -°,-,r;,��,.�,,.�,
<br /> �. �-���-�,�.+,..W
<br /> .;�. escrow account,or vorifying the�scrow Items,unless Lender pays Borrower Interest on the Funds and appllcable law , �•
<br /> .t, permfts Lender to malco euch a charge. However,Lender may�equire Borrower to pay e one-time charge for an �� ��� '
<br /> Independent real ostato tex repoeeing servlce used by Lender fn connectlon with this loan,unless appllcable law ;:,=,,�,_— _
<br /> � �. provfdes o4henxiso.Unless en agreement is made or appllcable taw requires interest to be pald,Lender shall not be �
<br /> raquired to pay Borrow�r any Interest or eaminga on the Funds.Borrower and Lender may agree fn wrftlng,however, ,,
<br /> that Irnoreat shall be I��id on the�unda.Lender ehailpitve to Borrowar,without charge,an ennual accounting of the • ,;.,
<br /> ' . � Funds,showine crodtt.�and debfts to the Funds and the purpose tor whtch each debit to the Funds wao made.The '
<br /> __`�_-�; Furala srs�Sl��s��s::,�iilans!��s:r!!;fer�l!a��r�a±uu���rat hythts Securky Instrument. ' '� +�__.:
<br /> �' I�the Funds held Isy Lender exceed the amounts permftted to be held by appIIcal�e�aw,Lsnder efu�ll account to ;
<br /> `� Bonower tor the oxcaua Funds In accatdance wfth the requtrementa of appllcabie law.if the amount ot the Funds held �
<br /> i5 by Lender at any tlme fa not sufficlent to pay the Escrow Items when due. Londer may so notHy Borrower in wrfting, �' ',
<br /> . and,In such case Borrower shail pay to Lerxler 4he ara�ount neceasary to make up tho deflciency.Borrower shall make
<br /> .° � up the deflclency In n�more than twelve monthly pgymenta,et Lender's sde discratlon. .v
<br /> `" Upon payment In fuil ot all aums secured bythis Securfry Instrurr9ent.Lender shall prompUy refund to Borrower any
<br /> �unda he{d by Lender.If,under pa�agraph 21,lsnder shall ecqulre or sell the Preperiy,Lender,prlor to the scquisftlon
<br /> . or eale of the P�opeity.�hail apply any Fur�is held by Lender at the time of acqulsftlon or sale as a credtt against the
<br /> suma secured by thle SSecurity Instrument.
<br /> 3.AppUc�tian o4 P�ym�nc�. UNess applicable law provides othetwlse,all payments received by Lender under
<br /> • ' paragrapha 1 ett9d 2 aftall be ap�lled:first,to any prepayment chargea due under the Note;second,to amaunta payable �
<br /> under paragraph 2;third,tm Interest due;tourth,to princ(pal due;and last,to any late charges due under thA Note.
<br />. .� 4.Ch�r�pos;L.I���s. Bonower shaf!pay all taues,assessmeMs,charges,fines and imposftions attributable to the _.
<br />�;.' .; , PPdperty whlch may a�ttaln priority aver thfs Securiry Irtstrument,and leasehold paymsnts or ground rents,ff any. _
<br /> �� . , B o�r o w e r e h a A��a y t h e s e o b l l g a t l o n s I n t h e m a n n e r p r o v i d e d I n p a r a g r s p h 2,o r t t n o t p a i d i n t h a t m a n n e r,B orr o wer shall ___
<br />,,' ``� pey them on time diract(y to tt�person owed paymen�Borrower shall prompUy fumish to Lender all notices ot
<br /> ' amouMs to be pald under this paragraph.If Barrower makes t hese payments d irec Uy,Borrower s h a l t promp t ly f u m is h t o _�:
<br /> '.,.... Le�nder recolpts ovldcjnclr�g the paymonts. l:��= __
<br /> r_:,,a�.. � Borrower shall promptly dlscharge any Ilen whlch has pdoriry over this Securfty Instrument untess Borrower. (a) -
<br /> -_ _ � ��'•,� mgreea In writing to the payment of the obligatlon secured by th�Ilen In a manner acceptable to Lender. (b)contests In __
<br /> '� ';;,:..:,�;�' � _
<br /> .,.ti,.;,_,I good tafth the I lan by,or deferrds against enforcement of the Ilen fn,legal proceedinps which In the Lender's opinlon �
<br /> - ��-;���;�• operate to pravont U�e eMorcement of the Ifen;or(c)secures f�rom the holder of tho ilen an agreeme��t satisfactory to '���_-
<br /> '�� ��`:''`"'%� Lendet subordU�ating the Ilen to thls Securtty Instrument.If Lender determines that any part of the Property Is subJect to ��
<br /> �� .. ' a Ilen whlch may uttaln priorfty overthts Security Instrument,Lender may give Borrower a notfce identffying the Ilen. '�-�,,;a'
<br /> �'-- � Borrawer shall sutlety the Ilen or take one or more of the actlona aet forth above wfth{n 10 days of the gfving of notice. '���`;�'�
<br /> ;�
<br /> � 6.Haz�ni or PropKty Insurencs. Borrower shail keep tho Improvemerets now existing or hereaft�ir erA�ted�.a�the ��'
<br /> Proporty Ineurod aQalna2 tass by flre,hazarda Included withln the term'extended coverage"and any ot�ier tiazards, '"a..: '� �`
<br /> Including floods or Hooding,tor whlch L.ender requires Insutanee.TNis Insuranee shali be maintalned In the aenounts and ':�;�i,,`,��,,. ,„ ��•.
<br /> for theperiods that Lendor requlres.The Insurance canier providing the Insurance shall be chosen by Borrower subject . �"� "'� �y~
<br /> � t o L e n d e r's a p p ro v n l w h l c h s h a t l n o t tr e u n r e a s o n�b l y w i t hh e l d. If Borrower fafls to maintaln coverage describnd above, j ��'�� a���-
<br /> �; •
<br /> - Londer may,at I.ander's optton,obtaln coverage to protect Lender's rights in the Property in accordance with � -����'���
<br /> .y,rvti,.;,_
<br /> paragraph 7. , ...
<br /> .:::�..,,.
<br /> - HEBRASKMSIN(iL�FAMILY-FNMA(FHI.IYIC UNIFORM INSTRUMENT FORAII 3028 9/90
<br /> � . .ISC/CMDTNE//070E/3028(8�90)•L PAOE20F8
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