|
.:,>:::.:r . . : . . ;n,.,.:r_;
<br /> .:.p
<br /> r..w,,,.�;,�:...
<br /> ., �s�..._. —
<br /> �I YICTORIA 8CtlAQiTA DONALD L SCHAC�ITA 9�- ��6303 101147 06/0]./1997
<br /> t1NIPORM GOV6NA�.T�. jiorrower�nd Lender covewuit�nd��nx�s fallow�: .
<br /> � 1. Prrment of Prladp�l �nd Intera�t. Borrower slull pmcnpt�Y ptY when due the pdncipal uid iaterest ,
<br /> indebtedne�s evldcnced by the Note u�d Iace chu�es�x provlded in the Note.
<br /> � 2, F„�ndr for-T�xq�nd Inurar�ce. Subjat to nppliu�blc IAw ur A written wAivee by Lendcr, Horrower sl�all pay to =
<br /> ! Lender an the�y mont�ly p�yments af pdncip�l��Kl intercst an payRble under the Nate, until the Nate js p�id in full.w � .
<br /> sum (herein "Pund�') Wual ta c►ne•tvr�cifth af the yearly tuces�nd�sse�amenta(includin�condomlaium aad pl�nned unit --
<br /> dovelopment�usessmeate, if Auy)which mry atain priority over this Deed of Trust,and�round reata on the Propeny, if
<br /> ' � any.pius ane-tweiflh of yearly premlum insttllmanta for huitrd insur�nce,j1IU8 OM-twelfth of yeuly premium iastallments `
<br /> for morta�ge Insun�x:e,if u�y, all as re�son�b�y estimrted initidly And from tima m dme by l.aader an the b�sia of
<br /> �ssestmeats and bilb aad re�somble estimttea theceof. tiorr�wer sh�ll nat be obligated to m�ke such pnymenw uf Fuads
<br /> •-• to Lender ta the e�eunt tluit Borrower ankes such psyments ta the holdcr of a pdor mong�ge or deed of aust if such holdcr „ • -
<br /> " is an inctitudotul lender.
<br /> If Borrawor p�ys Punds m Lender. the Funda stull be held in nn instttudon the deposits or accounta of which are �
<br /> insured or suanntad by� Pederal or stxto A�ency(includin�Lendor if Lendor is such an inctitudon). Lender s1W1�pply .
<br /> the Fwxls w p�y sdd uxes.+�ssessmeats,iacurance pcemtun�s pnd ground rents. Lender may not chuge for so holding and .. .. .,<"
<br /> I �pplying tbe Punds, awlyzla� saiid account or verifyin� and campiling sYid �ssessments and biUs, ualess Lendar pays �� :�.'3i���c_:
<br /> . ; Borrower tntereu oa tt�e Funds�nd applic�ble I�w permits Lender to m�ke such x charge.Borrower wd I.ender may agne -
<br /> in writiag�t the time of execudun of thls Deod of Trust dut interesc on the Funds stWl be p�id to Borrower. and ualess
<br /> su�ch�gceement is m�do or appllcable 1Aw requlres such intorest ta be p�id. Lender shtll not be requlnd to pay Borrower -
<br /> .n��.
<br /> : ; �ny intonst or aurninga on tUe Fw�ds. �.ender stuill �ive to Honower. without ctu�rge.an anmwl accoundng of the Funds . ____
<br /> � ' showln� ctMite and debits to thc Fwuls w�d the puipose fac whi�h euh dehit to t4e Funds w�s m�de. The Punde ace
<br /> � � p l e t ig o d�s a d di dv n�i securi ry f o r t h e s u t n c s e c u r e d h y t h i s D c e d o f T c u st. '
<br /> j ; If the�mount of the Funds held by Lender.ro�ethar wtth thc future monthly instAlla�eats of Funds ptyable prior to
<br /> •��.;.
<br /> ; � the due d�tas of tues.�ssessments. iasurance pnmiums arxl ground nnts. stu�ll exceed ttx unount required to pay sald .
<br /> � , I tuGS, �ssessments,insurar�ce prcmiums wd 8round rents as they fall due. such excess sl�all be, at Borrower's opdon.
<br /> either prampdy nepdd to Bomower or cndited to 9arrower on monthly iastallments of Funds. If the�unount of tLe Funds • � i
<br /> held by Lender siiill not be sufficient to pay tues. assassments, iasururce premiwus and gmwxl rents us they faU due. � . ,,�
<br /> �, . Borrower s6�li pay to Lcader aay amouat necessuy to a�lce up thc deftciency in one or more ptymcnts�s I.ender maY � ��-
<br /> . requlte. �.
<br /> � . Upon p�yrt►ept i�full of all siuns secund by this Deod of Teust.Lcudcr shall proaipdy nfund to Borrower any Funds ryi��, .�4�
<br /> held by Ixadet. If un�der parsgniph 17 hereof the Pcoperty is sold or the Property Is whecwlae acqutred by Le�er,Leader �s�`
<br /> sball�pply. no later tlun immediately prlor to the ls�le of the Prop�rty or its rcquistdon by Lender.�ny Fuods held by : °,.
<br /> � l,ender at the dme of applicAdon as a credit againcc�he sunLr ea:wed�y tt�s IIw--3 0.Trwt. �'`-:"""
<br /> th
<br /> •'� 3. Applleatkn ot Paymente. Unless appltcable law provldes otberwise,all p�ywents received by L.ender under the ����.
<br /> pote apd ptr��raphs 1�nd 2 hereof slu�ll be Appliod by Leader first tn pAyment of amounts piyAble to Lender by Bocc�nwer ����L-
<br /> � uuder p�n�nph 2 henof. thea ta iatonst pnyublo on the Note.and then to Wo pdacipal of tb�Note. ���
<br /> �� � 4. Prlor Mortpues �nd Deed�of Tnrtt Ctu�rja; Ueee. Barrawer shall perform�ll of Bnrrower's obli�idons ',��'�:
<br /> Q.• under aay mort��e. dxd of tcust or other secudty�ramenc witt► a Iton which 6s4 prlodty over this Desd of Trust. ,o
<br /> � ,-_'
<br /> Includia�Borrower's covenwts to m�icr piymepts w1�an due. Borrower siwll�y ur wuse w be paid alt tazes. as�ssaxnsa �
<br /> w
<br /> �nd other et�ugcs,fiaa and imposidons ataibuuble to the Prope�ty which may tttaln t prlodty over this Deed of Tmst. ��.
<br /> u�d Id�sehold paymenta or ground rents,if any. d�=
<br /> s. H�ard ipwnnoe, Borrower st�tl keep t4e improveaxnts aow acistlAg or dere�er erected on the Property ___
<br /> � insured+tgdnst laas by 6n,h�rils includod within t4o term 'exteuded coveiage'.an�l such other 6uards�s Lender mxY __�_
<br /> reqWie�ad in siacd amounts�ad for such periads�s Lender may requin.
<br />- The insuru�a earrier pravidiu�the iusurance stn11 be chos�n by Horrower subject to�pprovtl by Leuder:Providad.
<br /> that such spprov�l atv11 not be uareaconably withheld. All insvrance policies and naewAls thereof shAll be in a formi _
<br /> �cceptable to i,e�der and stull lnclnde a satjdtrd mortg�ge cl�use in t'nvor of snd ia a form eccept�ble to Lender. Lenal�er =-
<br /> � slull tuve the ri�ht to lwld the polictes and cenewals thereaf.sub,�ect to the temu of any mortgt�e.dxd of trust or otLer
<br /> � . secticity�greemea with a liea whtch bas pdodty over tl�is Dced of Trust. _
<br /> „' In the event of loss. Horrower slspp give prompt nodce to the insurance carrler and Lender. Lender may malce proof =
<br /> � � � of loss if not ma�tle pzompdy by Horrower. __
<br /> �' If the Propeny is tb�ndocKd by Borrower, or if Borrower fails to respond to Leader within 30 days from the date
<br /> ��:,�' notice is mailed by I..ender to Born�wer that the insurnnce carrier affers to settle a cldm for iasurance benefits,Lender is _..
<br />_ ��._
<br /> � " utthodud to collat �nd apply the insurmce proceeds u 1.ender's opdon either ro restoradon or c�epair of the Property or ,�,�t '. ,�,,�
<br /> ' to the sumv soc�uod by thii Dctd of Trust. '1;;; , r �.`.;;^';
<br /> � 6. PrexrvWon�nd Malntau�nce of ProPatyi Le�selwlds, CondomtNum�t Plw�ed Un[t De�dopments. '. t� ti� �. .
<br /> • Borrower sh�ll keeP the Property in good crpiir and sh�ll not commit waste or pertait impxirpaent or deteriorAdon of the .
<br /> ee
<br /> . .., .
<br /> peuperty and sha11 comply with the provisioas of any lwse if this Dted of Tnist is on a le�sehold. If this Deed of Trust is ;,;r�-_
<br /> an�uait ia R condominium ar a planned unit developrocnt.Borrower shall perfara+aU of Borrower's obligadons under the . •
<br /> docluxdon or covenants cnadng or goveraing the condominiun�or pl�uuxd unit devclopment. tho bylaws and reguladoas �
<br /> ' of the condamlasium or plaaned unit development,and cotudtueot da�.-uments. � �
<br /> m
<br /> 7. Yrotedion ot T..ender's Securtty. If Bocrower fails to perF�rm the covemnts and ag�+eemants wntained in this � ,
<br /> Iked of Ttust,ar if any acrion or pn�cading is commenced which mxterially affects i.ender's intenst in the Prnperty.then
<br /> Lencbr. at LendePs optian. upon notice to Borrower. may m�ice such appearanas. disbucse such sums, including
<br /> reasomble marneys' tees,and take such actian as is ner.cssary ta protxt Leuder's iaterest. If Lender required mortgage `
<br /> __ _.. _ in,�t.�nce�a a condidon of m�lcinB the lwm secuczd by this Deed uf Ttust,Bocrower shxil pay the premlums requlred to C
<br /> ___...
<br /> L ..
<br /> _" :'� '"'.__.:.._.
<br /> roiiutain such inwrance in effect uudl such time as the requiroment for such insurance termfnitos in �ccordance vncn r
<br /> Botrower's�c�d Lender's wdtten�tgreetnent or tpplicable law. �
<br /> Any amourns disbursed by Lender pursuant to this para�ph 7, with interest tt►eram,at the Note rate. sl�ll become '
<br /> additionii indetitalneas of Borrowcr secureci by this Deed of Trust. Unless Bomowcr and Lendcr agree ro otLer terms of ;
<br /> I WY��• � �� �� � PaYable upon noda from Ix►�ler ro Barmwer requesdng paymcnt thereof. Nothing ;
<br /> � cont�irnd in this puagraph 7 st�all rcqufre Lender to incur any cxpense ur take any acdon hereunder. ,
<br /> � 8, Irdpectlon. Leuder rnay n�lce or cause to be msde rea.wnable entries upnn and inSpections of the Propeay, ,
<br /> � provided ttut L.ender shall give Borrower notice prior to any sucb in�pection specifying reason�ble cause therefor related to �
<br /> Letxkr's interest in the Prupercy. �
<br /> i
<br /> �
<br /> � Nebnak�26576-3 �iq� OriQinai(R�aord�d) Copy(8raaah) Copy(Cu�toa�r) PeQe 2 oi3
<br /> , __
<br />
|