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<br /> TO SECUR�to Iw:nder thc repayment of the indcbteciness cvidenced by Barrower's note dnted ' �`�T7`':""r
<br /> AUGU3T 7, 199 7 and exten.sions und renewels chereof(herein"Note"), :��,-� �,��;
<br /> in thc principal sum of U.S.S 35,000.00 ,with intcrest thcrcon,providing for ,-;s�;.},��
<br /> monthly instaUments af principal and interest,with thc balanre of the indcbtcdness.if not sooner paid,due and payablc • .w,;t;,�,�
<br /> on AUGi1ST 12, 2022 p Ym _�,�?,�.��,
<br /> ; the a cnt of all other sums,wlth interest thereon,advanced ,,���-��-,
<br /> in accotdance herewith to pratcct the su:uriiy uf tliw Dc;ed ot Trus�; and the performan:.c of the covenants and -�i •��_-==
<br /> agreements of Burrower her�in contained. ���
<br /> Borrower covenanu that Bc�rrower is IawtuUy seised of the estate hereby conveyed and has the right to grant and �,t� 1:_
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<br /> ' � � convey tt►e Property,and that the Yroperty is unencumbered,except iur Cncuwbrancc�uf re:�rd. �ancu�r cavenaats � _�__- -
<br /> that Bonawer warranu end wtll defend generally the title to the Property against aU claims and demands,subje�t to
<br /> � encumbrances of record. � • _.
<br /> ' UNIFORM COVENANTS. Borrower and i.ender coven�nnt and agrec as follows: ; ---a=----�_�-
<br /> i. Paymrent at Prindpd and Iatenst Borrower shall promptly pay when due the principal and incerest
<br /> indebtedness evidenced by the Note and late charges as provlded In the Note.
<br /> .� Z F�for'Ilures and Iffiaranoe. 5ubject to applicable law or a written waiver by Lender,Bonower sha91 pay
<br /> ; to L.ender on We day monthty pnyments af principal and interest are payable under the Note,unW the Note�S paid __
<br /> in full,a sum (herein "Fl�nds')equal to one-tK•elhh of the yearty taxes and assessmen�e (Including condouiinium and ;'_-_
<br /> .. � � planned unit dsvelopment assessments,if any)which may a[tain priority aver this Deed of Tnut and ground rents on £�,._
<br /> � � the Property, if any,plus oae-twElf[h of yearly premium installraeats for ha7ard insurance,plus one-twelfth of ycarly _,�I�,.�,�;i
<br /> � • premium installments for mortgage insurance,if any.all as reasonably estimated iNtiaily and from tirne to tLme by .:„ .,,,,.,,,,
<br /> Lender on[he basls of assessruents and bills and reasonable estimates thereof. Borrower shall not be obligated to �?�';"_-.'`'
<br /> make such payments of Funds to I.ender ro the extent tdat Borrower makes sach payments to the holder af a prior -_"_-
<br /> mongage or deed of trust if such holder is an institutional leader. ;t:�__
<br /> � � If Bonower pays Funds to L,eader,the Funds shall be held in an institution the deposits or accounts of which 0re __
<br /> ' insured or guaraateed by a Federal or state agency (including L.ender if I,ender is such an Instltution). L.ender shall �-�
<br /> �, apply the flu►ds to pay said taxes,assessments,insurance premiums and ground reats. Lender may not charge for so :_�-=_
<br /> holding and appiyiug the Fuads,analyzing said account or vorifying and compWng said aaessments and bills�unless
<br /> Lender pays Borrower interest oa the�nds and applicable law permlts L,endor to make such a charge. Bonower and
<br /> �' Lender may agree in writing at the time of execution o[thls Decd of Trust that intcrest an the Funds shall be paid
<br /> " to Borrower,and unless such agreem�nt 4s madc or appiicx�bie Iuw rr,yuirrs e�cti tidef�i ia bc psid,Ixntles�!lell n�t ,�, �
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<br /> be requircd to pay Bonower any interest or earning,s on thc Fuads. l.ender shall give [o Borrowcr�wlthout charga,
<br /> � an annual eccountin};of the Funds showing credlts and debits to the Funds and the purpose tor which each debit eo �:
<br /> the Funds was made. The Funds are pledgcd as additional secud�y for thc sums secured by this Deed of T'cust. �_
<br /> If the amount of th�Fuads held by L,ender,toget6er with the future moathly installmeats of Funds payable pdor _
<br /> to the due dates of taxes,sis.ssessments,insurance premiums and ground rents,shall exceed the amouat reqnired to pay =
<br /> saici texe.s,ac�e.ssmeats,insurance premlums and ground reats as thay fall due. such exoess shall be,at Bottower's _
<br /> option,either promptly repald to Bonower or credited to Bonower on raonthly Iu�tulluieuty ut Fuu�ls. It�C amuuul
<br /> of the Funds held by Leader shall not be sufficient to pay taxes,assessments,insurance premtums and ground rents •
<br /> as they fall due, Bonower shall pay to Lender aay amount necessary to make up the deflciency in one or more �t
<br /> payments as Lender may require.
<br /> Upon payment in full of all sums secured by this Deed of Trust,Lender shall promptly refund to Bonower any _
<br /> Funds held by Lender. If under paragraph 17 hereof the Property Is sold or the Properry is otheswise acqulred by �
<br /> Leader, Lender shall apply,no later than immediately prior to the sale of the Property or its acqulsidon by Lender, r.�
<br /> any FS�nds held by Lender at the time of applicadon as a credit against the sums secuted by th9s Dcxd of TYus�
<br /> ' 3. Applkation o[Paymeata. Unless appllcable law provides othervvlse,all paymen�s received by Lender under � �
<br /> the Note and paragraphs 1 and 2 hereof shall be applied by Lender firsc in payment of amounts payable to Lender by
<br /> Bonower under paragraph 2 hereof,then ta Interest payable on ttte Note,and then to the principal of the Note. _- -- _
<br /> • 4. Prbr Mortpaes and Doada of Tiust;CharEea;L.ieas. Bonower shall perform all of Bonower's obligations
<br /> K under any mortgage,deed of trust or other secudty agreement w[th a lien whicb has priodty over this Deed of Trnst,
<br /> Including Borrower's covenants to make payments when due. Boaower shall pay or cause to be paid all taxes. ����=�°
<br /> �. assessments and other cbarges,Mes and imposttions attributable to the Property which may attain a priority over this `
<br /> Deed of Trust,and leasehold paymeats or ground rents,if any. :'
<br /> 5. H�ard Inaunnce. Bonower shaU keep the improvements now existing or hereatter erected on the Property �.� %• ��"`
<br /> insured agafnst loss by fire,hazards included withIn the term"extended coverage",and such other hazards as Lender � ,
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<br /> may require and in such amounts and for such periods as Lender may require. � '���
<br /> 'Ihe insurance canfer providing the insurance shall be chosen by Bonower subject to approval by Lender;provided. • �'���f:��� �;,�-_'
<br /> that such approval shall not be unreasvnably withheld All lasurance poli�tes and renewais thereof shatl be in a form �';`�s��.i�;
<br /> acceptublc to Lender and shall include a standard mongage clause in favor of and in a torar acccptable to Lender. � �_m�^�. '
<br /> Lender shall have the right to hnld the policies and renewals thereof,subject to the terms of any mortgage,deed of , •�t•_ .
<br /> trust or other securtty agreement with a lien which has priotity over this Deed of Trus� ' .
<br /> In the event ot loss,Borrower shall give prompt notice to the insurance carr[er and Lender. L,ender may make �
<br /> proof of loss if not made promptly by Bonower. �
<br /> If the Propeny is abandoned by Borrower,or If Borrower fails to respond to Lender withln 30 days from the date ..
<br /> notice is mailed by l.ender to Borrower that the insurance carrier offers to settle a ciaim ior insurance oeneiiw,icnucr F � = =� ---_–_�
<br /> is authorized to collect and apply the insurance prcxeeds at Lender's option either to restoration or repair of the
<br /> Property or to the sunts secvred by this Deed of Trust.
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<br /> - I NEHRASKA•SECOND M0121'GAGE•1h30•FNMM�'1ILMC UNIFOI2M INSfEtUMENT F���� � .
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