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<br /> , 8nrrowcr covc►wnta that glorrauve�is lewfe�Uy eeised oP cho estate hereby coaveyed nnd has tha dgtnt to grant snd convey �
<br /> i the Properry,nnd thnt clie Prar+eny L+unencumberuf,ewcept far encumbrnnces of record. Aorrower cavenants thas Bareowtr
<br /> �varruncs nnd w111 detend�encrr�45j c4��tl►1:to the Property ngainst pll clalms und d�m�ads,aubjccc to encumbrances of record.
<br /> UNIFORM COVERTANI`S. �s�rrnwcr nnd I.ender Uovenant aad ugree as fotiows: ��`
<br /> . 1. Paymant of Principal rn�1 1n1�Tesa Bm�nwer shaU promptty pay when due the priacipal and interest indcbtedness _
<br /> cvldenced by the Noto nnd lavc ch��rFca as provided In tho Note. . _.
<br /> 2. Funds toc 7h�ccs rn� Ins��rw�ce. SubJect to appl(cable]nw or a wrltten waiver by Lender. Bor►fl::�sr shaU pny �
<br /> I L.ernder on tho day manthly paym�ASS nf prlacipal end interest are payable under the Note,unW the Noto is pald In fu�,a s .
<br /> (herein "Funds") equal ta oee�mrclfih af the ycarly taxes a��d assessments (including condaminium and planned u
<br /> davelopment esssssmonts.lf an�y)wCuU inay attain prlority over this Deed of[Yusc.and ground een�s on ttto Properry,lf any
<br /> plus one-twelfth of yr�urty pcemlu�on InstaWnente for hezard insurance,plus one-cwelfth of yearly premium i�ostelln►�nta fo �
<br /> , mortgage iayurance,if sny,al�as r�aTanabty estimated initlally aad from time to time by Lender on the basis of essessmen
<br /> � and bills and reawnebles csdarsiccs ttxaeo£ Borrow+er ahall not be obllgated to make�uch paymeats of F�inds co Lender to
<br /> � ' the extent thut Borrotivgr awkea sur�paymenta w We holder of a prtor morcgage or deed of uust �f sueh holder is an •
<br /> iagtitutional lender.
<br /> If Borrower pays Fuzxds to I.er,c1:r,the�Lnds shall be heki in an institution the deposits or accounts of which are iasured
<br /> or guuranteed by a FedQrnl or stat�a,�nc.y(iacludtn8 L.ender if I.ender Is such an lnstitution). Lender shall apply the Funds ,,:.: ,
<br /> to pay said tsxes,assasmenu, Iast►�nx pnmiums and gsound rents. ➢..ender may not charge for so holding and aPP�B�� .,:,;�,•;�•, .
<br /> , fiuids,analy�in8 said nccouns or vt�rtlying aad coatpUing st�ld asstssments and bllls,us3less Lender pays Borrower intorest on , t.�F,,;:,���
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<br /> the FY�ncl�and appIIu�bl�lnw perGn:ss Lesj�er to make s�ch x cl�ar�e. Bonawer and A.snder may agree in wrltinS at Wc t9mc ,� ,„.n:;
<br /> ..; .. , of cxecution of this DeP�of Tru4t tb�t iasterest oa ihe Funds sl�all be pald to Boraatver,and unless such agteement is mAde �'� � ,� �!�.`�":
<br /> , ... _ �.pr�t�at►lr.taw reouirc..w�uch incem+t cn he geid,Lcnder shall noi bc.required to pay Borrower any interest or ea.rnings on _ -_
<br /> .::S,;,;`f the Fu�. Lender shall gh�e t�Bc��rnw�r,without charge,en annual accounting of the F�nds showing credits and debits�o __ _: -
<br /> ;,,, the Ftwds and the purposo tor wlar:b each debit to the Ft�nds was made. The F�ads are pledged as additional securlry for ����.
<br /> the sums sectiued by this Dced oF"YYusG �__
<br /> If the araount of the Fl�m�l�eic7 by Lcuder,together with the future monthly ins¢allmcnta of Ft�nds payable prior to thc �_ :�•-
<br /> due dates of taxes,essr,s.smenta�it�utanee Premiuu�and grouad rent�.shall acceed the amount requlred to pay satd�ttxes, . •�--
<br /> aascssmenta,ia4ttrance premi►ame arxlground renta es they fall duo,such cxcess ahall be,at Borrower's option,elther prompqy � , a -•
<br /> repaW to Borrower or creditcd t� Borrowcr on monthty instaUments of Fbads. It tdo amount of the Funda held by Lcndar
<br /> � � shall aot be sufQcknt to pay texcs.assessments�insurancc premium�and ground rents aa they tnA duo�Dorrower shall pay ;
<br /> to Leader auy emouat neceaaery co maice uP tho dofkkacy 1a ona or more paymanta us l.cnder may requiro. � . y, �:
<br /> � Upon paymant In fuU of all wm�s�cured by this Deed of'Truat,I.endor ehall pramptly refund to Hotrower pny Funds ,
<br /> heW by Lander. If undcr paragrsph 17 tureof tha Properry is sold or the Properry fa othorwtso acqutrsd by Lendor�Londer +,�y , f
<br /> r sdall epply,no 4►ter thun Im�cdintcly prfar ta the sak of the Properry o7�r�it�a,�aap{ulsitioa by Lcndcr,any Funds hefd by 1.ender ;�;�T �
<br />-- = a�t;�tL;��f apg!l�t�a es s cr+�i!N��Lilf fI1G III1M4 6ECLLLUI I1Y L�lJGGY Ol��. '4�'�•. � '
<br /> 3, Appllatlou o[P�nnenls. Untess appllcabk law providES other�Hlso,all paymenta reoeh+cd by I.ender under t?ic Nou ��
<br /> „ ., ead ParaBraPhs 1 and 2 hareof ehc�ll bo applled by Leader firsc ia payment af amounu payabk to I.endcr by Horrowor under
<br /> pam�aph 2 hereoP,then ro interrst payabb og the Nota,and then to the prtncipal oY the Nou. �;
<br /> 4. Prtor Morlg�ser udd De�c1s of Trnst;Chae�es=Uens. Borrower ahell perform ell of Borrower's obllgattoas under 4�� .
<br /> auy mortgage,cleed of truat or othor security agreemeat with a lien which haa priority ovcr thts Deed of Trust,including
<br /> . Bonower's oovenunta to mnlcc payments when duo. Sormwer shall pay or cause to be paid all texes�essessmcata and other � �
<br /> � charges,6nes anci imposidons attn�uta�ble to tho Property which may attein a prtority over this Deed of'IYust,and leasehold
<br /> - paymcnts or ground rents,if any.
<br /> S. Harard Insaranca Botr�owe�shaU keep the tmprovemcnta Aow exlsting or hereaRer erected on the Property inssured
<br /> �• ag�iagt loss by firc,hezard�lnduded w[thin the term'extended ooverage",and such other hazards as Lendet may require and �• •
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<br /> .. .� in such amounta and for such periads as I.ender may require. �
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<br /> ,�.. �e iasurana carrder prrniding the insuranae ahall bo chosen by Boaower subject to approval by Lendes;pmvidal,that �=1--�-- •-' `
<br /> . such appmval shull not be unreasonnbhj withheld. All iaaurana pollcies and renewaL�thereof shaU be in a form acceptabk �,
<br /> ,�::.>;,t to L.ender anrl ahall lnclude a staadard :mortgage clause in favor oP aad in a form acceptable to Lendcr. 1.end�r shell hav�
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<br /> .=� p the dght to boW the pollcks eud reaewets there,of,subJect to tlie term5 of any mortgage,deed of trust or other securlty
<br /> ,. # a eement with n liea wLich has prlodty over this Deed oP Trus� � ���_^
<br />' �� � In tlu cwcnt of 1ass,Borro�ar sLall give prom�pt nodce to the insuranoe canter and Lender. Lender mny make proof of F_
<br /> - loss if not mxdc psomPtty bY Borra�xr. ,:,;_ _.=_ uT�_,.,
<br /> .',� If the P7aperty is abandoned by Berrower,ar if Borrower faAs to respond to Lender withtn 30 days from the date notice -__-
<br />� �� is mailed by Lender to Horrower tbat the ta3urauce carrler offers to scttk a clai�n for insurance beaefita.Lender is authortucl " --
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<br /> �' to cc�Uect and apply the iasuranoe prooeeds at uador's option etther to restoration or repair of the Propetty or to the aums �_:�-_.��
<br />- • sectiued by this Deed of Trus� ��-• , � `T•
<br /> • • 6, Preservadon and NLtnt�ance ot Propertpi I.essfholds;CondomWcims;Planned Udt Developments. Botrower � :•
<br /> ���c:ti.> �►.�.
<br /> shflll kecp the Pmperty in dood repair and shall not oommtt waste or permit t�upairment or detsrioration of tha Propeny und .. r,�• ,,�;•L�,�., •�c..�
<br />- �'��'.., shot1 comply with the provlsiom of eny lease if this Deed of T r u s t i s A n a l e a s ehold. If thts I�eed of Tcust i�on a unit la a ,���?�,;iy�,.;z:.�=.
<br />- candominium ar a plunned unit development,Borrower shaU perform all of Bormwer's obllgations under the declaration or . ;:_, ry��,'.' .
<br /> covenants crcating or governing tho condominium or planned unit developmeat. the by-Iaws and regulations of the °'�;��
<br /> caadominium or planned unit development,and constituent documents. .
<br /> - 7. Frotection of Lender's Sc�cartty. If Bonower fails to perform�the covenants and agreements cuatained ia this Decd
<br />- of'IYust,or if any sct[on or prooeedlug is mmmenced which materitilly affects I.ender's interest in the Property,then L.ender,
<br /> at Lender's option,upon notice to Borrower.may uwke such appearances,disburse such sums,including reasonable attomeys'
<br /> fees,aad tako such nction as is neoesssry to protect Lender's interrsc. If I.ender required mongage insurnnce as a conditton
<br /> ot mnking thc toan secured by this Deed of Trust,Borrower shall pay the premiums required to maintain such insuraace[n ,
<br /> effact unW auch timo as tha requinment tor such insurance termtnates ia accordance with Borrower's and I.eader's writtea
<br /> - agreement or appdcable law. '
<br /> _______ My amounts disbursed by L.eader pursuent to tl�is paragraph 7,w(th interest thereon,at the Note rate.shall becomz E
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<br /> addttlonsil indebtedness ot Barrower seeurea oy wu Leen o� �n.uw vtuc�a Duttuwct auu aw�uuva oaaw w........ ........... -- - - -- --
<br /> - payment, auch umounts shnll be payable upon notice from Lender to Borrower request[ng payment tt�creof. Nothing
<br /> conteined in thls paragroph 7 shall require Lcnder ro incur any expense or take any action hereunder.
<br /> 8. Inspection.L.endcr mxy make or cuuae to be made reasanable entr{es upon and inspecdons of the Propetty,provided
<br /> that Lender shall give Bonower nocicc prlor to any such inspcction specifying reasonable cause therefor related to Lender's
<br /> interest!n the Property.
<br />_ � 9. Condemnadon. The procceds of any award or clatm for damages,direct or consequential,in connection with any
<br /> condemnatior or other u+king of the Property,or part thereof,or for ounveyance in Iieu nf condemnation,are hereby asaigned
<br />— . I aad st�all be paid to L,ender, subfec[�o the terms of aay mongAge,deed of trust or other security agreement with a lien whicb
<br /> . . I hes pr(ority ovcr this Deed oFTrust.
<br /> �� i NHBRAS'BA�ECOND MORTOAGE•1/80•I�IMAJ�fl.MC UNQ�IDRM INSIItLJI�1T Pegc 2 of 4 Farm 3ffi8 I :
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