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<br /> UNIFCRM C�VBNANTS. Bomower u►d l.ender covenant�nd �gra as follows:
<br /> 1. Paymtnt of Principal and Inta�t; PrtMymeat and L.ate Chu�p, Borrower shall prumptly pAy when due thc
<br /> p►incipal of uui interest on the debt evidenced by the Note u�d ony prrp�ymrnt and I�te chuges due under the Notr.
<br /> 2, �nds tor Tura and ln�ur�nce, Subject to applicable I�w or to a wrltton waiver by L.ender, Borrower sh�ll piy
<br /> to L.ender on the day monthly payrr�nt �re due under the Note,until the NotC is piid ln full,A sum ("Funda")for: (�) yeuly
<br /> uxes and assessmrnts which may att�in priority over this Security Instrumrnt �s a lien on the Prope:rry; (b) yeuly Iwehold
<br /> payments or ground rents on the Property, if my;(c) yeuly huud or prop�ty inaunna pcYmlumr (d) yeuly flood inaurar�ce
<br /> pre�niums, if my; (e) Yeuly mortgage lnaur�nce premiurr�s, if uiy; ond (Q mY sunq p�yuble by Borrowrr to l.ender, in
<br /> axardancs with We proviaioas of Pars�r�ph 8,in lieu of tde ptyrnent of moct�age inturwce premiums. '1'heu itenu ue called
<br /> "Ercrow lterm." Leoder may,at any time, oollcet u�d hold Funds in�n arnount not to exceed the mucimum unount a lender
<br /> far a fWcrally related mongage lovi rmy nequire for Borrower'a exrow �ocounc uader the feder�l Reu 8stste Settlertxnt
<br /> Procedura Act of 1974 as amended from ume to tiipe, 12 U.S,C. Section 2b01 q soq, ("RFSPA"),unlas another law th�t
<br /> �pplies to the Funda aets a lesxr amount, lf so,Lenda may,at my dme,collect w�d hold Funds in an wnount not to exceed
<br /> the lesser acnount. L,ender may estimate the nmount of Funds due on the basis of curtent data and reawnable es�imates of
<br /> expenditures of future Escrow Itema or otherwiae in aocnrd�nce with�ppliable law.
<br /> 'I?ie Fuuds shall be held in an iastitutioa whose deposiu an insurtd by � fedtra� l �Qency, instnrmet�tality, or entity
<br /> (lncluding Lencfer, if Lsnder is such an iaatitution) or in my Fedcral Hoznc Lo�n &nk. Leader s6a11�pply the Funda to pay
<br /> the Facrow Itana. Lendet may not cltuge Borrower for holdin��od applyla{the Fueds,wnual!y wulyzing the acrow�coount,
<br /> or verifyin�the F.1cmw Itertu, uNaa L,ender pays Borrower intenat on the Pnnd� and �pplicable law permita Lpukr to m�lce
<br /> such�ch�e. However.Leader may require Horrower w pty a one-tune c�rge for ai►lndependmt reAl estate tax r�porting
<br /> eervice ured by l,eader in ooma;don with thla lwn, unle� �pplic�ble law provides otturwi�e. Unlas �n aQcarrrcnt ia►n�de
<br /> ortpplicable law requina tntemt to be paid, L,rnder �ll aot be requirtd to pty Bocrower u�y inteirat or earnings on the
<br /> Funds. Botrowcr apd I.rnder may iQt+ec in writing,however, thu unereat ehaU be paid on the F�ads. I,ptdcr �leall �ive to
<br /> Errra:e�r,��is.h��;t w,::��,aa�a�sual::.�oi;ntiag�f sbe.^•u�,su�wuig�ouia.nd debiis w che Fund�aad.the pucpou Cor which
<br /> exh debit to ttx.Flinds was m�de. 'Itie Pundi �re piedged u addi[iaul socurity for �ll rum socured by thi� Security
<br /> Inurummt. �
<br /> If the Funds held by Lender eaaod the �mouats permined w be held by applicable law,Lender idall �ecount to
<br /> Borrower for the exceas Funds in sxord�ace wlth tLe roquirerneAts of appllcable law. If tbe u�wunt of tbe Fundt held by
<br /> I.�eader u+iny time Is not�ufflcieat to pay the Eacrow Iteme when due,Laader m�y a naify Borrower in writiaQ.�nd, in s�
<br /> we Borraaa aball pay to I.eader t4e amount � to m�lce up ttie�deficiexy+. Borrower shall cculce up the deficiency ln
<br /> no moce thtn twelve m�nWly pay�u. u Lender's eo e di�cretion. ' .
<br /> Upon p�ynxnt in full of tll iuma ae�cured by thia Secy�rity inatnuneat, Lender �6i11 promptly rcfund to Borrower �ay
<br /> Fw�ds•held by L.eMer. If,under parasr�ph 21,Lrnder shall acquit+e or aell the Prq�etty, l,ender, prior to the ac:qui�ition or
<br /> We-qf the PivpG�ty,thall apply aay Funda held by Lender�qt th� time of acyai�ition or s�le as�credit aRdnst the surtu secured
<br /> by thi�Security Instr,ut►eut.
<br /> 3. AppUcatlon of P�ymmb. Unlesa Applicable l�w prov9�k,S .oi6erwi�e, all paymeats mc�ived by Lender updcr.
<br /> pangraplu 1�nd 2�hall be applied: fint,to�aY Prepaymenl ch�rses duc imder the Nde: secood. to u�wu�s p�y�ble under
<br /> p�raph 2:thlyd,W inte�est due; fourth,to principa! due:end litt.to any lur.ch�rgt�due under the Note. �
<br /> 4.Cl�r�;Llem. Bo�ower ttull p�y all taxa,aesesunau, ch�rges,tinea aad impo:ition�attributable W tbe PropertY
<br /> whkh mry�taia priodty ova thie Secudty Instn�meat. u�d leaeehald puyma►ta or ground rdus,.if any. Borrower dwll p�Y
<br /> thae abliptioas in tLe mmner provided inp�np6 2.or if not pwi in that nuaner,Borrovver�h�tl pay them on tia�e directly
<br /> w the penqn uwed'p�yment. Borrowcr shall prw�pdy furnish to Lw�der till mtica atu�ounU W be paid under thia puagrapA.
<br /> If Botrower maltes ibese paymrnta diroctly.Borrowet ah�ll promptly furrilsh to leader roxipu evidencin�the paymenu.
<br /> 'Borrower ahtll PromptlY dischuge any lier.which tw prioriry over tlilt Sauriry Inurument unleu Borrower: (a) agrea
<br /> in writing to t6e payment of the obliauion�cured by the lien in a rtwmer �ocrpuble to Lender; (b) oontats in good faith tLe
<br /> lien by,or oefe� ��imt mforcernent of t!K liea in,legtl proceeding� which in the La�der's inion oper�te to prcvent the
<br /> mfan�neut of t4e lka;or(c) �ecurea from the holder of tbe lien an �Yeanazt sadsfactory to r sutwrdinatinQ the lien
<br /> to�hit Security Inttrument, If T..mder deteimi�ts tl�t �ny part of the Fro�x.rty is sub'xt ta a lien wh�rh may attain priority over
<br /> Wii Security Icatrummt, LaMes may give Borrower a notia ideatifying the liea. �rrowcr shall auitfy the lien or take one
<br /> or moro of the acxlooa act forth•.above within 10 days of the �iving of noticx,
<br /> S. Ba�M or Aroperty xna�r�nce. Borrowor shall reep the improvements now exi:dng or herc�fter e�ected on the
<br /> PropertY imured �g�inst laa by fire,hazuda includod within the ta�m "exteoded uover�ge" ud �uy otlkr h�z�rds, includin�
<br /> flood:or floodin�,for w6ich L,a�der roquina Insunnce. Thia uuurmce eh�ll be maintalned in the unounta and for tl�e period:
<br /> th�t Lrnder requirra. The inaurance carrier providiug the uuuru�ce sh�ll be charn by Borrower subje�t to I,ender's approv�l
<br /> which shall not be unrc�uoiWily withheld. Ii Borrower faila to malntiin �overage deacribed abave, Lcnder may,at Lmder's
<br /> optfon,obuin cover�e to �rotect Lender'e righta in the PropeRy in accord�nce with pangr�ph 7.
<br /> All Insuranoe polic�ea u►d renevvala atWl be�cc�table to Lender and s.hall include n studard mongage clause, L.ender
<br /> shall•have the right to hold the pollcieu and reaew�is. If L,ender requius. Boaower shall promptly give to I,ender all reaeipts
<br /> of paid premiums end renewal notiaa. In the event of losa,Bortower shall Qive prom�pt notia to the iasurance carrier aod
<br /> I.cader. Leackt mxy mdce proof uf loss if oot m�de promptly by Borrower.
<br /> Un1pa I.snder uxi Borrower otherwiee agroe in wdting,insuru►oe prooxds shtll be�pplied to restoratton or rcpair
<br /> of the Property dun�ged, if the restoration or repur is 000nomic�lIy feaaibk md Lcixkr'� sxurity is not lessened, If tbe
<br /> ratorntion or repair ii not wonotnlcally feaaible or I.ender's eecudty would be les�eaed, the insutu�ce procecds shxll be ypplied
<br /> tn tlu �urw e�r.�.wl {.a�tl.i. Gn.�.�i�v i...�.........� wl.�l... .. ....� d.�.. .t..� S.t�.. __a� . n'—'-"
<br />. �� •• •••��•••� •••�••.»• .. . ' ... o �«• ..,�viw�oo Nw+u w avl�Vwd[. !I DOITOWCC
<br /> xbandons the Propecty, or doa not answer within 30 daya a notice from Lender th�t the insurance carrier has of'fered to settie
<br /> a cl�im,then I.ender rru�y colle�ct the insucana� proceed�. Lender may use the procads ronp iir or rcstore the 1'ropertY or
<br /> to pay swns securod by this Security instrument, whether or r�t then dua The 30-dty period will begin when tho notia is g�ven.
<br /> Unless Lrnder and Borrower otherwiee agtee in writing,iny�pplicuion ot prrxteds to princip�I shall not extend or
<br /> postpone the due date of the monthly paymente nferrcd to in para�raphs 1 ad 2 or ch�nge the uraunt of the payments. If
<br /> undsr puagraph 21 the Property ie xquired uy I.axfer, Borrower'�r�t ta my inauru�ce pollcia and proceeds resulting from
<br /> danuge to the Property prior to the acquisition shal! pasa to Len er to the ext�nt ot the sums securod by this Se�urity
<br /> Inatcument immediately prior to the �cquiaition.
<br /> 6. Occupancy,Prraerration,Malateaana wd ProtecHoo or the Property;Borrower'�Lo�w Appllaitioo;Late�hold�.
<br /> Borrower s2�a11 occupy,atablish, �nd use the Pcopetty �s Borrowa's pdncip�l raidtnce within sixty days after the execution
<br /> Initi�L� � ��_
<br /> NBDRASKA•Slo{k F�mYr -Faotie Mae/!'reddk M�e UNffU1lM INSfRUAt�IVT F'orm 302d 9/!0
<br /> �te x�� 51NEC2 01/9f
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