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<br /> 9?—Ya�85 ��� `-`==
<br /> LOAfd NO. 1 5 3 9 2 1 7 0 6 7
<br /> THIS SECURITY INSTRUMENT combines unfform covenants for natlonal use and non�unlform covenants with -_
<br /> .� Ifmited variaticns by Jurlsdiction to const(tute a uniform securlty Instrument covering real praperty. ^•
<br /> UNIFORM COVENANTS.Borrower and Lende�covenant and agree as followa: When due
<br /> ,.-��+�' 1.Payment of Prinaip�l�nd IMereat;Prepeyment end Lste Charges. Borrower sh�l promptly pay � —
<br /> '--�"� ihe principal of and interest on the debt evidenced by the Note and any prepayment and late aharges due under the ___
<br />- ' Note. � ,
<br /> 2.Funds tor Taxa and inaursnce. SubJect to applicable law or to a written waiver by Lender,Borrower shall pay
<br /> to Lender on ths day monthly payments are due under the Note,untll the Note Is pald In fuM,a sum("Funds")for: (a)
<br /> yeariy taxes and assesaments which may attaln priorfty over this Securlty Inatrument es a Ilen an the Property;(b)yeariy ,
<br /> � leasehold payments or graund rents on the Property,if any; (c)yeady hazard or property Insurance premiuma; (d) __
<br /> yearly flood insurance premlums,if any;(e)yearly mortgage Insurance premiuma,if any; end (fl any sums payable by :��i_
<br /> Borrower to Lender,in accordance with the provislon�of paragraph 8,in lieu of the payment of mortgago insurance _ .
<br /> premiums.These itema a�e called"Escrow Items." Lender may,at any time,collect and F1dd Funds(n an amount not to
<br /> exceed the maximum amount a Iender for a federally related mortgage loan may requlre far Borrower's escrow account
<br /> under the federal Real Estate Settlement ProcedureaAct of 1974 as amended from time totima,12 U.S.C. �2601 et
<br /> seq.("RESPA"),unless another law that applies fo the Funds sets a lesser amaunt. If so, Lender may,at any tlme,collect -_
<br /> and hold Funds fn an amount not to exceed the lesser amount.Lender ma estimate the amouM of Funds due on the
<br /> basis of current data and reasonable estimatea of expenditures of future Escrow Items or dhervvise in accordance wfth ��-��
<br /> apPllcable law. -
<br /> The Funds sha11 be held In an institution whose deposits are inaured by a federal agency. Instrumental(ty,or enttty
<br />�:., . (incl�dlng Lend�►r, lf lender ls such an Insiitution) or In any Federal Home Loan Bank.Lender shall appty the Funds to _
<br />-��'�''. pay the Escraw{tems.Lend�r may not charge Borrower far hdding and applying the Funds, annually analyzing the
<br /> � � , escrow account,or vertfying the Escrow Itema,unless A.on�iar pays Borrower interast on the Funds and applicable taw
<br />��°.�..�� permlts Lender to make such a char�o.However, Lender may requlre Borrower to pay a ona-tlme charge for an
<br />' • independent reai estete tax reportin�servlce used by Lender in connectlon wkh this loan,unleas�pplicable law
<br /> � provides atherwlse.Unless an agreemer�3 is made orapplicable law requires interestto bepald,Lender shall not be _
<br />'i,;,;,,, ;�: �� �ey�ai�ed to pay Borrower any lnterest or earNngs on the Funds.Bor�awer and Lender may agree in wrfting,however, �..
<br /> �-_.. •�:_.......�i �tr�at ir�tereat shall be paid oro 4he Funds.Lender shall give to Borrower,without charge,an annual accounting of the e R�;
<br />'' �s" �: �` Funris,showing credfts and debits to the Funds and the purpose tor which each debi�io i6a tu�ocia was ma�s.Ths --
<br />���'.'i� � � Funds are pledged ae addltlonai security fo�ail sume secured by this Securiry Instrument �
<br /> 1„.. If the Funds held by Lender exceed the amounte permitted to be held by appIIcable law, Lender shall account to
<br />._., Borrower for the excess Funds in accordance with the requirements of applicabie law.If the amount of the Funds held
<br /> by Lender at any time is not sufficient to pay the Escrow koms when due,Lender rnay so notKy Borrower in wrEting,
<br /> _�� t'�-•�•� and,in such case Barower shall pay to Leroder the amount necessary to make up the dehciency.Borrower ehall make
<br />-�'�T ' - up the deflclency in no more than twelve mor�hly payments,at Ler�der's sde dlscretion.
<br />--:;�.:�,•�:., Upon payment In full of all sums seaured by thia Security Instrument,Lender shail pranptly refund to Borcower nny
<br />_-��,,,..,,,....• � Funds held by Lender.lf,under parayreph 21,Lender shall acquUe or sell the PropeRy, Lender, prior to the ecquisitton _
<br /> _ _ .-�;��:� or sale of the Properry, shall apply any Funds hetd by Lender at the ttme of acquisitlon orsal e as a credft agalnst the _
<br />"�-=:���"� sums secured by this Securit�Instrument. -
<br /> --����� 3.Applicatlon ot Paym�nt�. Unless applicable taw provides otherwise,all paymente received by Lender under
<br />-:,::�.�?� paragraphs 1 and 2 shall be epplled:flrst,to eny prepayment charges due under the Note;second,to amounta payable
<br />_:�„���:'� under paragreph 2;third,to Interest due;fourth,to princlpal due;and last,to any Iste charges due under the Note. —
<br />_,��•� � ' 4.Ch�r��;U�ns. Borrower shaUpay ali teuces,assessments,charges,fines and irnp�sitlona attributable to the _
<br /> `�'t. Property whtch mayattafn riorfty over th(s Securiry Instrument,and leasehdd paymentsor ground rents,i�any.
<br />�:•,•„�
<br />°'��'-` Borcower shail pay these o igations fn the manner provided in paragreph 2,or H not patd h that manner,BoROwer shall
<br /> .:�--r ` pay them on time dlrecUy to the pereon owed payment.Borrower shall prompUy fumish to Lender all notices of
<br />�'�;,-��;,;��„� amounts to be pafd under this paragraph.If Borrower makes these paymeMs d(rectly,Barower shall prompUy fumish to __
<br /> --s--� Le n der�ecefpts evidencing the p a yments.
<br />'�`�''�' 9orrower shall prompUy discharge any Ilen wt�ch has prioriry over this Security Instnrnent unless Bor�ower.(a) _
<br />��� agrees in writing to the paymont of the obilgation secured by the Ilen In s manner accepteWe to Lender,(b�contests In __
<br /> .._�^:"'�'�":�� good fafth the Ilen by,or defends agalnst enforcement of the Ilen In, legal proceedings which In the Lender s aptninn __
<br />- �� �"' operate to prevent the enforcement of the Iten;or(c) secures irom the hdder of the Ilen an agreemeM satisfactory to o.
<br />��`���`�'�`��`� Lender subordlnatinp the Iten ta this Security Instrument.If Lender determines that an d of the Prope Is sub ect to -°
<br />�`,. ,f;. Y p� nY I �:_-
<br />- a Ilen which may attaln priority over this Securfty lnstrumeM,Lender may ghre Borrower e notice Identifying the Ilen. ��t
<br />;r��'• � Borrower shatl satlsiy the Ifen or take one or more of the actions set forth above within 10 days of the gNing of notice. �;
<br />� 6.Hasarr!or Property Insunnce. Borrower shall keep the Improvementa now existing or hereafter erected on the a�.�'-
<br /> 6,."
<br /> " Property insured against loss by flre,hazards included within the term'extended coverage" and any other hazards, ;,-
<br /> � including floods or flooding,for which Lender requires Insurance.This insurance shall be mair�alned in the amounts and :;
<br /> r� for theperiods that Lender requires. The fnsurance camer providing the insurance shalt he chosen by Borrower subject _�.��
<br />- to Lender's approval which shall not be unreasonaWy withheld. If Borrower faus to maintain coverage descrlbed above, �
<br /> Lender may,at Lender's option,obtaln coverage to protect Lender's rights in the Properry in accordance wfth
<br />. paragraph 7. _
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<br />'- __,, NEBRASKA-SINQLE FAMILY-FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 0/�0 "
<br /> : - ISC/CMDTNE//07A2/3028(9�90)•� --------
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