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97-/U�f r9�
<br /> TO SECUftE to Lendm the rcOaYmenc ei the irMebtedness avidencetl by Barmwer'a�wte tletetl May�l, 1997
<br /> antl extensions and �en¢wals �haraof �hemin 'NOte"I. in the principal sum ol U.S. 315.500.00 , witn intereat 1Mreon, O�oviding Por
<br /> momhly innallm¢uts of principal and interest. wit�the balance of tha indebtednev, it rwl sooner Oaid,tlue aiM peyeble on
<br /> June 03, 20'12 : the payment af eil other sums. wit� interest thereon, etive�xed in acCOrda�e herewit�m protec[tM aetmiry
<br /> ot this Deed oi Trvst; and tha perlorme�e ot the covenents and agreements of Borrower hamin conteinetl.
<br />' 6orrower covenents lhat Bormwer i:lawlully seisetl ot the eslata hare0y CanveyeE eM haa ffie right to 9r80?LMi convEy the Property.
<br /> antl thst the Pmperty is unencumbered except Ic c,:.ambrances ot record exce0: ior e lien Brented by Bormwer to Contractor eM ham0y
<br /> assiqnetl �y Conttacror ro lentler. Bormwer ccvenan[a t�at Borrower warran[a erW will dalantl generxlly the title to tM Proparty egainet ell
<br /> claims anA tlemands, svbjwl lo encvm`rances of racortl.
<br /> UMFOflM COVENANTS. Borrowzr and Lentler covenant antl aBree as lollowe:
<br />�. 1. PaYment of Pdncipal and Intenav Bormwer shall promplly pav when tlue the principel aM interes[ indebted�»na eviderwed Oy the
<br /> Note and late charges as pmvitled in Ne Note. .,
<br /> 2. Wnd� for Tezes snd Irovmnee. Suble��10 epplicable law or a written waiver by Lender, Bormwer sha�l pay to L¢ntler on [he dey
<br /> monfiry�paymenis o/ pu^ci0a1 and interest are payaSle under[he Note, until eM Note is peiE in lull, a sum �h¢rein 'FUrMa'� equel ta one-[walhM1
<br /> oi cne��eaiy taxes antl essessments linclutling cantlominium end planned vnit devalo0ment easessmenb , i/ enyl which may anein D�ioriry over
<br /> :his Deed ol Tiust, and gmund rents on the ProOerry. il any, plus one-twalkh ot yeatly premium installments for hazard inrvrenCO, plus
<br /> onrtweilth of yearly premium instaliments lor mortgage insumMe, il eny. all ae reasonably asllmamtl initielly end Irom tima lo time by lerMer
<br /> on t�e basia of asaes�R.enb and bille antl masaneble eatimalas t�ereoi. Borrower ahell 'wt be e0ligated �o make euch paymerHa oi Punda to
<br /> lender m [�e enent Net Bormwer makes such Oeyments to tM holder ot e Oriar mortBege or tleeE ol huat 11 euch holder h en inefim[lonel
<br /> lend¢r.
<br /> I/Ba rower payn Wnds m Lender, tha Fands shell be�eltl in en im[itulion th+ Anpoaim or eccounta ol which ere inaurod or pwrenteed
<br /> by a lederol or atata egency lincloding l¢ntla� II Lentler 'o sath en inftitu[ionl. LetWer ehall epPly the Funda t0 pay fGid Ilael, eaeaeemenlf.
<br /> insme^.w premiams entl 9rovntl renn. Lander may not charpe lor eo heltlin0 arM ap0lyirq the Fands, nnxlyxirp eaid aceount or vedlyin0 entl
<br /> com0ii�ng saiE assessmenb and bills, vntces Lender peye Bormwer intereat on iha Funde eDO���able lavi pnrmite LeMar to meke euch e c�arpo.
<br /> 6orrower and Lendcr may ag�ee in writing et the timo oi oarcuNOn ol this �eed ol Truat ihGi Inte�oet on \�E FurMa shsll be peid to BO�rower,
<br /> and vniess such agreement ia med0 or ep0licable lew repWres euch Intereal la bo peiA, LeMer ehell not be mquimd to pay Borrowar eny inle�a+�
<br /> or eaminga on the FunCS. LenEer ahall give to Barmwar, witMut Cherge, an annuul accounllnB ol ihe Funda eMwin9 eretl0a erM deEib to Nc
<br /> Fvnds enA tha par0ose lor whicb each debit to the FunEe wee maEe. TM FaMa em O�edBed e!adtlitlonel eecurity lor t�e suma necurod Ey �his
<br /> OeeC ol Trust. .
<br /> If tne amount ol [he Funds held by the Lender,rogeNer with the lahm monthly iretallments ol Funtle peyoble prior to MB due dates n!
<br /> raxes, aesessments. Insurance o�emiume and gmand renn. shall eviceed the amount mauimd to pay said m�ee, essaeementa, Insurenec
<br /> premlums and ground mnts as they lall duo, such excass ehall be, et Bortawef"9 Op�iO�. Bi�M� O�Omptiv repeid m 2�rmwer or crBditeC ro
<br /> Dorrowcr on monlhly installments ol Funtle. II ffia emaunt oi the Funda held by lanEer ^`.=11 rwt be ���.'�.+ICianl t pey mvee, eeeeeements,
<br /> insurance O�emlums antl gmund rents as they fall due, Bormwer shall pay to Lander any amount neceseery to make up tM daliciericy in oM o�
<br /> more payments as Lender may reQUire. �
<br /> Upon paymem in lull o� all sums eewred by Ihis uCEd al frusL Lend¢r shell Vmmptly 21und to 9orrowor eny Funds hBIA �y LarMer,
<br /> It under Oareg�aph 17 her¢ol thn Pmperty is sold or the Propatty le m�erwise acavired by Lendeq lorMOr ehall a001y, rq leter Ihan Immedietoi�
<br /> pr'mr �o Ne salc of the Peoperty or its acquisition by LenA¢p any funda held by Lender e[ [�e time ol eDD��<etion ae e eredit agelnet the aum�
<br /> secured by Nia �eed o/Tmst.
<br /> 3. Fpplicetlon ol PeYmenh. Unleee epplicebie lew providae ot�orwiee, ell Oaymente recelved by Lender untler lhe Noro a��'.
<br /> poreqrs0��s 1 ond 2 hereol shnll bc nppiietl by LCndor first in OeYmnnt of emoan[a payet!e a LcrMar by Bm�owar under patap�e0h E �ereal, Ner
<br /> ro Inmrest naVable on ihe Nota, and then ta[he principel al lhe Nofa.
<br /> 4. Prlar Morfgagea end DaeEa of Trmt: Chrtpo: Lbro. Borrower ehell porlarm all ol Bo�mwerb obligetlom undar ony moriqepc.
<br /> tice� al ttust or o�her eacvriry e0�ooman! wIN e lien whieh hee prlority ovm Ihb Deatl ol Trus1, induding Borrower'e eovemntf to mekc
<br /> paymnrds whan due. 9orrower sha'I paY or cawo to be pai0 e0 tevee, aeeesemana entl ot�er cherBes, finee end imposlllom attdbumCle ro ��r.
<br /> Frooerty whlch may ettain o prio�ity over�hie Oead al Tmnt, eib leeeehold paYmenU or qrouM renu, II eny.
<br /> 5. Hezerd Insvrmce. Borrower sholl keep the impwvamen[a now exis�inq or hnteelter orocted on the Pmperty Inaumd epaimt loaa �e
<br /> lire, �avartls Inclutlad within�ho �erm bxmnAad covarege,' entl aueh othe�hom�da ea Londe� mey requira end In auth emoun[e lor eueh perlotls
<br /> as Lender may rcquire.
<br /> The insurnncc carrior providin9 iha insurancn ahall be chaaen by Borrowar subjm� to e00�ovel by Lacder; O�ovidetl, t�a[ such epprovn'
<br /> c�all not be enroasonably with�eltl. All imurence policies eM renewele ffiereol e�all be In e lorm eccep[able ta Lnndar end ahell InNade a
<br /> ,tandartl mortqage clame in lavor of and In e torm nccepteble ta Lender. Lender ehell �eve t�n rlght ta hold the policief end renewele Nereof.
<br /> su�jact to Ihe terms ol any mortqago, tleetl ul Vuat or olher aacurity agroemont with n lien wNCp hne ptloNty over Nle Oeetl al Truat.
<br /> In t�n avent o1 loas. Borrowor shall flive O�omp[notiee m tM ineurenea cardar end IaMer. Lander mey me4e prool ol Iwa II not maAn
<br /> pmmptly by Barrowcr.
<br /> I1 iho Property ie nbentloned �y Borrow¢r, or II 9orrower foila to reapond to Lentlar wlthin 30 deya Oom t�e tlGte nollte b mailOd Dy
<br /> Lentlor m Bormwor thal Iha insuronte eorrler ollere ro aettle e elaim br in9utenW �ono�ib, Londor la euthofliBd to collBti entl epply Mc
<br /> i�smnnw p�ocende et LeMars optian eithar to wstornlion ar mpelr ol the Fropeny ar to the eumn eoeured by ihle �eed ol Truet.
<br /> 8. Preaerve6on snd Meintenanc� ol Proparty: Louhold: Condominlumf: Plmn�d Unq O�rtlopmmb, Borrowor e�nll kenp t�i�
<br /> Propmry in 9ooA mprir antl ahall not commit wmYO or Oo�mi�impnl�mEM or Aoterioretion ol Ne PrnparlY ��tl ehnll cemply wll� the pmvlelone ^�
<br /> any Ica�s II this Daad ol Tmat Is �n e IanAOholtl. II thif Daad ol Truet le on n unit In b coMominium or o plonnad unit dovelopmant BOrtOwcr
<br /> shnll Oerlorm NI ol 6orrowor'e obllpolionf undor th0 dnClnreti0� or covennnis ereatlrN or povornind the [orMOminlum or plennod vnit
<br /> JovotopmrnL tho by-Inws nnd mquletlonv ol thn cantlominlum ar plonnad uNt AoveloDment enA Canatltuont docUmenle.
<br /> I.�nn � _6AMBOY:97_03933
<br /> Initlols�._//� ,__ InlUols:_��__ Initlnle:___ INtlele:
<br /> NEBRASKA � Socontl Mortanpn - IIAO- FNMAIFHLMC 11MFORM INSTNUMENT � Porm 3878 (Paga 2 0l 51
<br /> Management Svetoma Doveloomonq Inc. I8001 984�6060 Title�One Fneiqiretl�� NNE DEED CopY��7hl lc1 199M1
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