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<br /> s: � �of Trust is on a unit in a condominlum or a planned unit development, Bonower shali perform all of Borrower'e
<br /> •�r. obligations under the declaradoa or covenants cr�sting or govemiag ehe condominium or plaiuicd unit developmeat, _
<br /> � � the by-lawa and mgulatious of the condominiurn o� planaed untt development, and constituent documente. �
<br /> R 7, piote�tion of Ireoder'�Secur�ty. If Borrower faila to perfoma the covenante aad agreemcata contained in thia
<br /> � Deed of Trust, or if any actlon or procoeAiug is canmenced which t►wudally affceta Lender's iaterest ta the Property,
<br /> �. then Leader, at Lender's option, upon notice to 8orrower,may m�1ce such appearances. disburse such sums, including
<br /> reasonable attomeys' fces. aad take such actio� as is nocessary eo protect Leader's inteseat. If I.�ader requtred f
<br /> x mortgage iasurance as a conditlon of malcing the losa secured by diis Aeed of Trust,tionowcr shall pay the premiums �_
<br /> •,.�'-'� required to maintain such insucance in effect uadl auch tiine as the requirement for such insuraace terminates in
<br /> ar,r,ordance with Horrower's and I.ender's wdtten agreement or applicable law. =
<br /> ��� Any amounte disbursed by Lender pursuant to thls paragraph 7, with interest thaeon, at che Note rate, shall _-
<br /> ? become additional indebteduess of Bonower saueed by thie Deed of Trust. Ualess Borrower and I.ender agrce ro _
<br /> � i other terms of payment, such amounte shall be payable upon notice &om Lender to Borrnwer t+equesting payalent
<br /> • �' thereof. Nothing cotttained in this paregrapb 7 skali require Lender w Incur eny expeusa or take any action hereuuder. .-
<br /> g, Im�ocxion. Lender may make or cause w be made reasonable eatrlea upon and inspections of the Property,
<br /> ' provided that I.ender shall give Aorrower notia pdor to any such inspection specifying reasonable cause therefar
<br /> � � related to LendePa interest in the Property.
<br /> �� g, Coode�tlon. The proceeds of any award or claim for damages, direct or consequeatial, in connecuon wnth
<br /> � ' • any condemnation or other takiag of the Propeny, or part thereof, or far conveyaace in lieu of coademnadon, are
<br /> herehy assigaat and shall be paid to I.ender. anbject to the terms of any mortgage, deed of trust or other secua-iry
<br />- `:�,:, agr¢�ca�ent wlttt a lien which has priority over ihis Deed �f Trust.
<br />: . ;°,��'�����'+�� � 10. Bormaru Not Rela�vn�: Fozbauatx�e BY Lwdc�' Ha a Waiver. Extension of tbe time for payment or
<br /> . �..:�: ,
<br /> :� � •c:�-•.:�� ' nnodificadon of�ortization of the su�as seci�ced�y Wia Deed of Tr�st granted by Ixnder to any successor in interest
<br /> . .rc�r°,
<br /><�..,. •;,,,,��`, of �omower st+ul3 not c�peaAte to releas�, in auy manner, the liabiliry of the orlginal Borrower and Burrow�r s
<br /> � •,,f,r• suc�ssors in interest. I��er shall not be required tm commence proceedings Against sucb successor or refiise a
<br /> � ` `''�' extend time for paycnent or otherwise modify amortlzation of the surr�s secured by thls Deed of Truat by reason of any
<br />�;.. � dea�and made by the orlginal Borrnwer aad Borrower's successors in interest• AnY forbearance by I.ender in exercising
<br />,.. �` ' aay rIght or remody hcreunder, or otherwtse afForded by applicable law,shall not be a waiver of or preclude the
<br />�'"' �'�°�` � exerclse of any such dght or remody.
<br />�l' �_� .8 11. 9uooes�o[s�nd Assigut Ba�od;Joint aod Sever�l L3�bility:Co-tiga�xs. The covenants and agccements hereia
<br />�ti_...�H�YIY,,.�i _
<br /> containod shall bind, and the dghts hereunder st�all inure to, the respective successors and assigns of L.ender and
<br /> ., � Boaower, subject to the provistous of paragrap6 16 hereof. Alt covenanta and ugramencs of Borcuwci ett�ii i�joIC
<br />���:�.• '. �• and aever�l. Any Borrower who co-sigas thia Do�d of Trust.but does aot execute the Note. (a) is co-aigning thie De�d
<br />�..k�a,u�..,�.
<br />.;,�,.,_, .� ,,�-� of Truae only co grani wd coavey chac Borrowa's iatereet in the Property to Tnuta uader the terrns of this Dad o
<br />--_- . }': Truat, (b) la not pcnonilly IiAble oa thc Note or tinder Wia Deed of'I'ruat,and (c)agraa that Lender �ad ony other
<br /> -_+:;�R:: Bonower hereunder rn�y agree to extend. modl��Forbear.or m�lce�ny nther accommod�tions with ngard to the terms
<br />---��;.�� Q
<br /> ,�_. of thli Dood ot Tru�t or the Note wttbout that Bdrrower'e coa�ent �ad without releaeia th�t Borrower ar aeodifyl�g
<br />—��,:�,��s thb Dad af Tnut a to thu Bormwer'� interat in the Property.
<br />_ ��__;,�� I�. Natk�e. Eacept for my noNce requtre�under t�pplicable law to be given in uwther muwer. (a) u�y notia
<br /> ---j��:-�� to Borrower provided for in this Deed of Trua shtll be givea by delivering tt or by mailing euch aatice by ccrtlficd
<br /> '-.-^„ mail addresud to 13orrower at the Property Addr�ss or at such othu �ddres� a+Borrower may deaignue by aotice to
<br /> -'�`���°�°°� Lender s�providod hereta. and (b) any notice t� Lender shall be given by cenifled m�il to I.ender's siddress staud
<br /> �- — derein or to such other addrws as Lender cNy desianate by nodx to Bomower aa provfdal herein• AnY notioe
<br /> --.-""� provlded for W thie Deed of Truat aholl be damed to have ban given to Borrower or Lender whea given in the
<br /> --_-- manner dafgaued herein.
<br /> --_-- • 13. Govemtoa I.av:Stvaabil�tY• The stue and local laws applicible to this De�d of Trust ab�ll be the laws of
<br /> — the juriadicdon in which the Property is locatod, 7tie foregoing sentence shall not limit the applicxbWty of Fede�l
<br /> ��`�� Iaw to thie Deed of T�ust. Ia the event that any �rovision or clause of this Deed of Tmst or the Note contlicta wNh
<br /> -`"''�� applicable �aw,such coatlict shall not affect o�er provisions of this Deed of Tnut or the Note which can be givea
<br /> 1,� —.�.� effect without the conflicting provision, and to�his rnd the pmvisions of this Deed of'frust and the Note ara declarcd
<br /> to be severable. As used 6ere[n. "costs","expeases"and "attomeys'fces"include all sums to the exuat not pmhibiud
<br /> _,.�"�� by applicable law or litaited herein.
<br /> -=� 14. Boa�anra'i Copy. Borrower shall ba fwnished a conformed copy of the Note and of this Deod of 7Yust at 0e
<br />,_��_.�M�� time of execution or after recordadon hereof. �
<br /> - 15. Rebabllihtion Lo�e► Agceanm� Borrower shali fu1ti11 ail of Bocrower s obligations under any home
<br /> -'"`�'�"�'�' rehabilitation, rovem�at, repair, or other ban agreenxnt which Borrower eaurs into with Lender. L,ender,at
<br /> ::�z_':'."�':� �P
<br /> `� '��:-..• Lender's optioa, may require Borrower to exaute and deliver to Lender,in a form aaxptable to L.ender,an assigm:xnt
<br /> ' ��:••,� ' of any rights.clatms or defenses which Borrower may have against parties who supply labor, materlals or services ia
<br /> connecdon with impmvLmeats made to the Propecty.
<br /> -_- � `= 4 16. 'IYmsta of the Prupaty or s BmeficYi=�eat in Bo�m�e=. If all or any part of the Property or any intenst
<br /> r in it is sald or transferred (or if a beaefictel i�terest ia Borrower is sold or transferred aad Bonowcr is not a naturei
<br /> � person) without Lendcr's pdor writtea conseat, Lender may.at its opt ioa, requ i r c i m m e d ta te paymea t i n f u l l o f a l l
<br /> � sums secured by this Daed of Trust. However,this option shall not be exercised by I.ender if exercise is prohlbited
<br /> by Fecleral law as of the date of this Deed of'IYust.
<br /> _�"�� � If Lender exereises thie option, Lender shall give Borrower notice of acceleration. 'Ihe notice shall provide a
<br /> - � � • . `� period of not less than 30 days from the date ihe notice is delivered or mailat witnin wnicn norrower musi puy ui
<br /> sums secured by this Deed of Trust. If Bomowtr fails to pay these sums prior to the expiration of this perlod,Lender
<br /> �• mny invoke any remedies permitted by this Dood of Tcust withouc further notice or deroand on Borrower.
<br /> . NEBRAS[A�ECOND MORT(3AUE-1/80-�ff�WF�IIC iTI3II�ORM 1NSfRUMBNf �m�
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