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<br /> VRRNA RA8 CLAMDITP 97�. �`� 21610� 06/08/1997 �..��,;;;�:�:_--_
<br /> ''{��r.?�'�''
<br /> � UNIFORM Cov�NANTS, Dormwer rnd Leu�ler covenaat xnd agree as follows: ' "�"`�i•k��
<br /> �, • j 1. P�yment of EMnclpRl �nd Interat. Borrower shall prompdY p�Y whcn due the priixipal and lnterest
<br /> • � indeMedncas�evidetx;ed by the Natc arxi I�tc clutrYrs�.+provid�l in the Nore.
<br /> ! 2. Ftiu�de for Tuaa�nd Insunnce. Subject a�applicsibla law ur a written wxiver by l,e��der. &�rrower stull pay to
<br /> ' ' lxnder on d�e dAy nx�nthly pay�xats of principxl uid interost are payable utrcier the Note, u�dl the Note is paid hi full, n -
<br /> sum (herein "Futxih') eyuxl to une-twel@h c►f tha yearly utxes and a5sessments(lncluding condoniiuium ai�d planned unit � '.
<br /> � Jcvelnpcnent assessaknta, if aay)wblch n�y att�ln Qdodty over this Deed of Trust,and grc�und rents o� the Property. if .. , 1. :. .°.. -
<br /> �► i uny, plus one-twelBh of yearly�ren�ium installnMnts for hazud insuronce,plus aae-twelfth of yearly preauutu installments
<br /> � for n�ongage insu�nce, if aay. �II as rra.wn�bly esciauted iairi�lly and frow cimr tu d�ue by lxi�der un t[�e basls of : .• �
<br /> assessnxats aad bills aud reuonable estimates thereof. Borrower s2�11 not br abligated ta m�ke such payments of Fuuds �' '.���.�a�.
<br /> - to l.ender to th�eatent that Boaower makc5 nMh n�encs to the holder af a riar mortgage or deed of trust if sucd holder ''•
<br /> .ry P�Y P ',j� � • -
<br /> is an Insdtutional leader. �' �:'''1`�'"F�-:
<br /> ': � �,:.:,:�+.�- -_
<br /> � � If Borrowor pays Funds to Ixnder. thr. Funds shall be held iu aa institudon tl�ee dtposits or accounts of w6lch are ;�:Id�;_�i�+
<br /> � insured or guaranteod by a Federal or state agency (including Lender if Lender is such an insci�udon). Lender stull apply ."' '�`n��--
<br /> the Fuads to pAy said taxes. assessn�ents, insurance premiums and grouncl renu.Lender may mt charge for so holding and � --�_-
<br /> •�'-;:�..
<br /> • aPPlying ths Funcls, aualyziag s�id account ar vedfying and compiling said assessments and bills. unless Lender pays � �-�-'��
<br /> • j Borrower intetest on tha Funds and applicable law permits Lender to make such a charge.Borrower and Lender miy�gm :�
<br /> ,:,:--.
<br /> �� u�writang at thn dmc of cxecudon of this Deed of Trust that interest on the Funds shall be paId ro Barrower. and ualess �� n�-
<br /> hv_-
<br /> svch ag�ntent is made or applicable taw requires such interest ro be paid.Lender shall not be requirod to pxy Borrower '
<br /> �I �r�:�:°��
<br /> any interest or earnIngs on cha Fuuds. Lendar sliall glve to Borrower,without chuge. an annual accoundng o�the Funds .,'F�__
<br /> ;i �uwing credi�and debits to the Fwuls wd tLr purpose for wluch each�ebi►to t�e Fuixls was cuade. ltte Fuads are :•,�.:�_
<br /> pledged as additian�l security for the sums secuced by tttis Deed of Tmst. -:�;•,��
<br /> �, If the amouut of the Fundx hetd by Lender, rogether with the futusr monthly iastallments of Funds psyable prior to �:=�'.�t:
<br /> : �;�::•
<br /> the due dates of taxes, assessments, insurance premiums and ground rents. sl�ll ex^.,eed the aroount required to pay said r:,��-
<br /> ;f t�xes. assessu�ents, insvrance pnmiums and gro�nd reats as they fall due. such excess shall be, at Borrower's opdon, '�,=�ti�-
<br /> either promptly repaid to Borrower or credited ta Borrower on montWy i�utallments of Funds. If the amount of the Funds �`
<br /> held by Lender st�all not be sufficien[to pay taxes,a.ssessments, insucan��e premiums and ground rents as they fall due, .� F,};�;
<br /> Borrower shall pay to Lender any amount uocessary to make up the deficiency in oae or wore payment� as L.ender may r���;�`r�r`sc
<br /> j requin. `�'
<br /> �.r Upon payment in full of�Il sums secured by ttris Deed of Trust.Lendes shAll pmmpdy refund so Borrower�ny Funds =_-—
<br /> held by Lender.If under paragraph 17 hereof the Property is sold or the Property is otherwIse acquired by Leuder,L.ender
<br /> - T stuil apply, no ister ti�a immediueiy prior to tne saie oi tbe Property or its�cquisiaon by Lender�any Funcis held by ��
<br /> � Lender at the dme of applicstdon as t credit Against the sums secared by thIs Deed of Tnut. �- -
<br /> �,s�
<br /> �� 3.Apptiqtion of PR�. Udess�pplicable law provides otherwtse.�ll pxyroents received by I.ender under the - _- --
<br /> - �° Note and pacagraphs 1 and 2 hereof st�ll be a�plied by Lender flrst in payment of�tmounts payable to Leader by Borrow�r
<br /> under paragraph 2 hereof,then to inte�est ptyable on the Note,and then to the principal of the Note. �
<br /> � 4. Prior Mort�a�and Deeds ot Tn�st; Ctur�es; Ih�. Horrower shall perform all of Bonower's obligadoas —
<br /> under any mortgage, deed of avst or other socurity agreement with a lien whtch has pciodry over this Deod of Tn�.ct. - -- A;
<br /> ' ��' '�" :. ., including Borrower's covenants to malce payments when due.Borrower st�ll pay or estue to be paid all tues,assessments .`'
<br /> . :. and other cbuges. flnes and impostdoas ataibuable to the Property which may xtaia s priodty over tt�s Deed of Trust,
<br /> � swd leasehold payments or
<br /> ground ceats.if any.
<br /> ; 3. Haard Imuranoe. Borcower shall keep the improvemcnts aow exisdng or herqRer erecud on the Property —
<br /> ; .� iasured against loss by fire. h�rds included within the term"ext�ndod coverage".xnd such other hazuds u I..ender may
<br /> .., � reqnice ud in such artwunts and for such peciods as Lender may require.
<br /> The insuru�ce casrier providfng the insurance si�aU be cdosen by Borrower subject to approval by Lender;, provided.
<br /> ; � thu such �proval shall aot be unreasonably wlthheld. All insurance policies and nenewals thereof shall be in x form -
<br /> x�cepttble to Lendet and shall Include a staadard mongage clauso in favor of and in a form accepuble ro Lender. I.ender p�
<br /> .: ���, stWl 6ave tl�o rlght to hald the policies uid renewals thereof,subject to ttx tetms of any mortgage.deal of m�st or other E:.-
<br /> , security agnoment with a lien which has prIodty over this Deed of Tcust.
<br /> _ , In the event of Inss,Botrower sh�ll give prompt nodce to tLe insucance ca�ier a�l Lender. Lender may make proof �_:
<br /> . ;, of loss if mt m�de prom�tly by Borrower. ��,
<br /> � . If the Prnperty Ls sbtndoned by Bormwer,or If�orrower fiils to resspond to I.ender witlrin 30 days from the date
<br />� , �� naice is mailed by Lender to Barrower�t the insurance curier offecs to setde a cl�im for insunnce benefits. Lender is
<br /> • authoriud to collxt and apply the in�utance proceeds ac L.ender's opdon elther to nstaradon or repair of t6e Pcoperty or =_ �
<br /> �� to the svmg secured by this Deed of Tzust. "` � -
<br /> � , ±'� 6. Pre�enatlon �nd 1�Wntasanc� ot Propa'tYi Leateholtbi CondomlNunu�t Plumed Unit De�dopo�aws. _
<br /> Borrower shall koep the Propecty in good repair and shatl not commit waste or permit impairmeat or det�rioration of the ��
<br /> �t�=
<br /> Property and sl�all comply with tlx provisiuns of any leasc if this Dad of Trust is on a leasehold.If tLis Deed of Trnst is ' r,
<br /> al
<br /> • on a unit in a condominium or a planued anit developmcnt. Borrower si�all perform�11 of Horrower's obligadons w�der the . .-4;;,:
<br /> � declu�adon or cove�unts creadng or goveming the condominium or plaruxd unit development,the by-laws and nguladons � '�"». :_ ...
<br /> of the condomtniu�or plumed unit development,and consdtuent documents. . . �'�'�`'�'
<br /> 7. Protection of I.ender's Securlty. If Borrower fails to perform the cove�c►ts u�d agreements cout�ined in d�is ���`.:��';�.:
<br /> ,•'�r:-
<br /> Deed of Tn�st.or if my�cdon or proceeding is commenced wlrich mueci�lly sffocts Leuder's intecrst in the Prvpecty.thea
<br /> � Lender, at Lender's opdon, upon norice to Bonower, miy mtke t�ch appeataoces, disburse suc6 su�. includiag �
<br /> - reasoaable attorneys' fees. and take such xdon as is necessuy ro protxt Lender's interest. [f Lender required mortgage
<br /> - . ;._
<br /> - insurance a�a wndl8on of miking tix(oan securod by ttus Deod of Tnut, Borrower s1u11 piy the pnmlums required to _ _ _
<br /> maintain suc6 iasurwce in effect undl svch dme As the reyuimment for svch insucanc� termimtes in accord�ace with
<br /> Bomower's and Lender's wriucn agreement or applicable law.
<br /> Any wx►unts disbucsed by Lender pursuant to this paragraph 7,with interesc thereon.ac the Note rate,shall beconx
<br /> addidonal indebtedness of Borrower secured by this Deed uf Trust. Unless Bormwer and L.ender agree w other terw of
<br /> payment, such amounts shall be payable upon nodce from Ixnd�r to Borrower requesdng payment thercof. Nothing
<br /> � contained in this paragraph 7 shall require ixnder to i�xtu any expense or take any acdon denw�der.
<br /> i S. Inspedbn. Lender may roalce or r,ause tu be made mason�ble entries upon and iro�pecNons of the Property, �
<br /> i pmvided that Lender shall give Borrower noace prinr to any such inspecaop speeifying reasonable cause therefor ctlated m �
<br /> i Lencler's interest in the Propeny. �
<br /> 1 I
<br /> � Nebnsk�26876-3 7/97 Origiaal(Racordad) Capy(eranch) Copy(Custom�r) P,ge2of5
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