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<br /> "'{ TA SECUflE vo Lender the repeymant of the indebtednese ovidencad oy B�rrow�r'e note deted Ap�il 2�4.1997 ^
<br /> ' � snd extenslom and ren�wala theroof (heroln "Note"1, in the prl�clpnl sum ot U.S. lte,000.00 , with Inturest theroan, prnvidinp for
<br /> inonthiy Installment�of princlpel end intereet,wlth tha balenr.e of the Indn6tednees,if not ccooner pald,due and payebia on
<br /> Mey�D6,�007 : 1h� paymant of ell other eums,wfth interest thereun,advoncod In accordenco horowith to protoct tho sacuriry
<br /> _ .._-.��I ..s�pi� r,.�.±��r.��.�• .�n en,.n.rtnrm�nca of the covenente and epreements of Borrower hnrnir►conieined.
<br /> � "-1 Eorrawer covenente ihat eorrower is lawully aeissd ut the esteto naruuy..�.��:� '--�'�^^•"^"•o!`r�n�rnnt�nA r.nnvev the p(nllOrtV.
<br /> *��........__...
<br /> _1,,,,n.+H j end that thb Proparry le�tnencumhered except for encumbrancee of record excep+t for a lion gra�ted by Borrower to Cantrc�ctar and hereby �
<br /> ,y��,�,�„ " enilynad by Contnctor to Lender. 8orrower covenante thnt Borrower werrante end will defend penereliy the title to the Praparty a�einst all
<br /> cteims end demende,aubJsst to enaum6ranceo ni recard.
<br /> �
<br /> UNIFORM COVENANTS. Borrov�ar and Lende:covennnt and agree ee followe: ,
<br /> ''' 7• P�YnMnR ot Pdnr.lpM�rxl Irtter�st. Borcowor shati pramptty pay when dun th�principal end Interest(ndnbtednsss ovidcncod by the '`
<br /> �..,
<br /> i� IVatn and lato r.harQna�s prov(dnd In the Note.
<br /> .�.� .;.;:;
<br /> „y,•� Z, Fund��w T�x��and Innunuus. SubJoct to applianbte lavr or A written weivar hy Len�ter,Borrower shalt pey to Lender un tha dey
<br /> , �ro��tiily payrnants af principnt and?ntareat era payobte undar the Nat,�,unil)the Note ts paid in full, a sum(herain'Fund�')aqual to one•twolkh ! �;+_;•!
<br /> � ' ot the yeeriy texea end atseasments(Encludinp condomin(um and planned unit douulaWm9nt asaessm:.nt�,it any)vlhlch msy ettein pri�riry over -
<br /> � thf�t]oed o!Trutt, and ground renta on Ma Property, if eny, plua onq-twolfth ot yoarly premium Installments for hezard Insurance, pius --
<br /> • .�' one•twelkh o}ye�rlM premium installmante for monQape insulance,if any,ail ae reasonably estimated initirlly and from time to ttme by Lender —
<br /> � �n ttrs 4sais of rasssamenta and b01s and reasonebla astimatoe th�reof, Borrowor shnll not be obllgated to make euch psymente of Funde to ����_ _
<br /> � l.endet to YM eactent that Borrower makes euch paymnnte to tha holdnt of a pr(ur mortgepo ar deed of trust if suon holder ta en U�stitutionsl - `
<br /> tender. �`.' -
<br /> If Barrawer pete Furvie to lender,the Funda shelt be held(n an In�stltuUon the deposits or a:.counts�f which are i�sured or guannteed `k''�--
<br /> by e foderal or state agency(induding Lender If Lendor is such an inrtinttianL Londor shall appl�tha Funde to pay said texas, assessmente, ! '�-,+_
<br /> �F,.,;�p�' insurance premi��ma and pround renta. Lender may not cherpe for eo hqldin0 end applyinp the Funda,a�alyzinp Aald account or verifyinp and R _.°
<br /> '�'�� compiling Baid esae�sments and bilta,unlesa Lender paya Borrowpr ininreat qn thH Funda a�ptioabte lew petmite lt�mier to make such e charpe.
<br /> 8orrower and l.erufer may eyree In wr(tinp at the time of execution of ihip Deed uf"fn�rit thn4 intorect on tha Funria shail bs peid to 3orrowar,
<br /> and unle�cs such apreement is m�de or epplicable law roquiros auch ir►tlrrast to bn�nid,Londar sheil not be requireA tn pay Horrower eny Interost �^"'-----
<br /> or eerntnpa on t�b Fu�de. Lender shell ptve to Borrower,without,chqr�n,�an annual eaceuntina of the Funds showing crediYS end dabitt to tha �'"
<br /> �. Funds end tha purpose fer which eac�de6it to the�unde wea mndn�,Thn,runde�r�plodpad as additional security for the euma sacured by this ��.:
<br /> Deed of Trus4. �
<br /> If the amount of tha Funds held by the Lender,topether with thq t`�ptra mnnthl►r Inatetilments of Fun�o payablo pdor tu the duo detea of = -
<br /> . , � texes, oasesaments, insuranca premium9 anc! qround renta, sholl exceed.H'q amnunt, required to pay eeid taxes, essessmente, imurance
<br /> premiums erul ground rente as they tsll due, such axcesa shall be, et Borrrvror's o�tion, oithar promptly�epaicl to Borrowar or credited to
<br /> , .:�,; , re,;,.�,. �rt:n�nlh.i;lss�L•1lmeer� .�f Funds. If the am0unt o}the Funde-fu�ld by LOI1f�Of ShAII I102 I79 6UfHCI8i7t TO pay texes, assescments,
<br /> :�,,;;„ , inauran,^.+�premfuma and pround ronts as they fall due,Borrower shnil pay to•I,nndar any amoune n�cnaeary to meke up the deficlency m one or
<br /> �, ..,� ., more paymeMb a�Leader may requira.
<br />-;;,;�• Upon payment in full of ati sums secured by thfa Daed of 7Yuet, l.ond�r shall F?romntly,�o7und to Oorrower any Funda held by Lender.
<br /> �"���� if under parapraph 17 hereof the Praperty ia sold ur tha Property is otherwise nr,q��frr.d IaV 4under'Landar ehail epply, no later than(mmediately
<br />����:
<br />^ �; �y Y� prbr ta the ule ot the Prope►ty or ite acquisition 6y Lender, eny funda hold by,�inndar ot th��.ttmd oi appitcetinn cs a credit epalnss tM sums
<br />- . nti, aecured by this Deed of Truet. .�
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<br /> a.�.;.�,. 3. AppNcstlon ot Panrwnta. Unless �ppiicabte lew providee otherwiae, aillip,�Nmnnr,R rpceivod by Lender under the Note �nd
<br /> �,.�,;�• �rugnphs 1 and 2 Imwf ehall be appikd by Lender first in payment of amounte peyabla tp r.urtdnr by.li�rrowsr undar parapreph 2 henaf,then
<br />— to intereft pays6le on the Note,Nnd then to the principal of the Note.
<br /> _."i:�};'_'`�'� —
<br /> =��•'��:�=� 4, p�iw�Oatpp�s �nd Lb�d�of Tw4 Ch�rp�a;LIMS. Borroaver shall perform all of Borrower's ob►igettons under any mort�aps.
<br /> �����, daeJ of t�ust or other security egroement wtth a lion.whlch has priority over thla Deod of Tru6t, includinp Borrower's covenanta to meke
<br /> _____� prymants whan di+s. Borrower shall pay or cause to bo paid all texee,essescmenta end other charpea,ftnes end impoaltions attributable to the
<br /> --.�� �rop�erty which m�y attsin�priatty ovor this Deed of Trust,end leasehotd paymente or ground rants,If any.
<br /> �.��_� 6. N�wd k�wnnc�. Borrower shall keep the improvemente now oxistinp or hereafter erocted on tha Property insured epain�t loaa 6y
<br /> . f'r.o,h�urd�inckided withln the term'�xtended coverapo, and cuch other heLarda eo Lender may reQuire ared In such emounte for such perials
<br /> -_,��^���i:�'. e�Lendermryrsqui�e. _ _
<br /> -:zy���, Tiie inewanao carrior provtdinp the Insurorine shali be chosen by Borrown►eubJeot to ep�roval by Lnndor;provided,that such epproval
<br /> ----- �MII not be urxasonabiy withheld. All tnsurance policies ond ronow�b thereo4 et�ll 6e In e form accept�bla.to Lender and�hatl Includa a
<br /> =�'��� ct�nded mortpaye cla�uTe In favor'ot.and fn e lorm eccepteble to t,onder. Lender shell havo the right to hoid the polialea and renewal�thereof, -
<br /> �=�a, aubJect to tta terms of eny mortpapo,deed of ttust or other security ogreement with e lien whlch has p►iority ovsr this Oeud of Truot.
<br /> ,,.... :�t, In the event of tose,Botrov4er nhall pive prompt notice to the(nsuronce Rarder and tender. Lender msy moke proof oi 9aas ii not mede
<br /> --"`'� promptN by 8orrower.
<br /> =1�Q;� It the Propartry is ebAndoned by Borrower,or if Borruwer faila to reepor�tl to lender wRhin 30 days from the date notice ia mefled bt7. -�
<br /> _=�;o,�� Lender to Borrower thst the insurance carrier oHero to settle a ciatm for insuranco ben9fite, Lendar in authorited to collect end epp7y the • —
<br /> _ - in�unnce proceeds at Lerders option eiti•Ar to restorstion or repelr of tho Proporty or to the sumi secured by thla Oeed of Trust.
<br /> -�=�`+��� 8. PrN�rvatlon �d NWdnt�++r�c�of P�opNty: L�u�hold; Condon�itftumr, Pl�nn�d Unk D�v�loprtwnts. Borrower eheti keep tM �:,
<br /> Properry in pnod ropalr end shall not cammlt weete or permit impnirmont or dntarioretion of the Properry end�hall comply with the pruvfcion�Af �=
<br /> � eny leese ft thia Deed ot Trust Ia on a lease ha i d. I f i h fc Dee d o f Trus t is on e unit in a condominium or e planned unit development,Borrower __-_
<br /> ahAil perform all o! Borrower'e ubligatlona undar the deciaretiort or covonante creatlnp or goveming tha condominium r,r pfenned unit �:_:.-
<br /> �� � � develapment,the bydawe end regutptlons of the condominlum u plannod unit dovolopmont,end constituent documente. �-__
<br /> ;..m[.... _:. �-..
<br /> '��. . App+Y SAMBOY•97-03729 ',fis;�
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<br /> � Initiab: Initiels:_�.L`�" " Initlala: Initiale:_ �` -
<br /> � r � �EBRASKA-Second Mortgapo•1l8�-FNMAIFHLMC UNlFORM INSTRUMENT•Form 3828 iPago 2 ot 6i ���
<br /> : "`� � M�napement Systeme Development:ina. (8001 8846060 rtio-One Energiztrl'� �NE DEEO Copyright Ic) 1994
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