|
_ �t-�"fw.'._:...r.2. '1��Y71? y'' __,�:��=.�_ ":*.4�r:_'d+/��R�a'S'd;:S �.`��'�'iw, f�!t� _
<br /> .. -��----s�r----- -� —. � .. _. :.-- - -.� � - �;-- -� � - - -.- --r
<br /> d - � .. . .S`/�2�� t _ - ..-�c . ..
<br /> F ; r ' !j (.._�. � .� S ��. S.. Sl.k� ry E .-� I � • 4 u < � - _
<br /> -'.-�-. � - � - t - � - t� �r} - e . . }'�y,�
<br /> ']C ��a�� � t, 5 H Y � 4 t� "b.. .fr .0� �' � S,5 n_�^._.
<br /> ` _ _ . i_ • C` y '�� A'.,,Z _�'`.- . .�� ,r - .
<br /> ,.L'• — '��- ^�t' 1 1� �� ^:♦
<br /> t ! _ - T :�E.�s ��` .
<br /> �e�e�.p a .' F s
<br /> s� ' • UNLFURM COVENANTS.Borrowa and 4eadv coveaaztt and ages as follows: � �'�l6r�JS. � ,; "
<br /> ' UNL `
<br /> .. . �` � 1. P n y m e n t o f F r f n d p a i a a d i n t e r e s t B o r r o w c r s h a ll p ro m D�Y P a Y whea due the prtncipal aad�indebtedne�evideaced by fY �,. ,�;
<br /> '��.. .� �... ,
<br /> .�:.,�..=�. .} theIdo�e aad IaL:d�gesas pmvided fin the Note. �l.enda on the �` {` .
<br /> ' " ' :;�',���, • 2. Fands for T�sad Ynsnrane�Subject t�eppticable Iaw or a wrlttcn�vsiver by LenQer.SoTrawer shaU pay .
<br /> :P� ' ,4 �o .
<br /> _ ' day monthty,paymeoas af priacipsl and interat arz payeble�der the Not�unt U t he Na t e i s paid in tLtl.a sum(herein°Fands'�equsl to ono- , , .-,t., �
<br /> -- _ - rivetffi�of�te ye�dy t�ces�nt a�m l��""""'•�:�:�w��'^.�^_._*�t accersments.if aaY�.tivhicb maY a�a — _
<br /> ,� �<. �`,'.f � priorit�+over this Deed of Tiust,aad�d rcnts an the Prapaty,8f aay.pius one�rivelflh of yC.ttly prGAlum install�aenis fos h�d insvrauce. :. �n ; <
<br /> . `. .::r: pins oao-twdBL of ye�iy pnmium tastallmeats far mortgage iasuraace.if any.all ag teasonabiy cstimated iaitialiy aad from time to rime by � •�
<br />�:.,< ...�^,�;�,.� . ; of F�mds •
<br /> Leoda oa the 6asts of a�essment�end bills end reasdmabla estimazes Wereoi Botrower shsll not be obligated to make sucb PaYmeats �?_: :
<br /> ., Le d _ � . _.
<br />, to Leada w the esRent d�at aamuwer makes suci�Payme�a to the hotder of a prtor moagage or de�d of uust if susb holder is en iasawtion�l , �.r�,�G-'
<br /> � , ., . .� lender. ��� •
<br /> ." .�<' If Bormwer pays Fuuds w Lender,the F�mds shaU be hetd in an Insiitutian the deFostts ar accnunts of w6tch a:e insured or guaranteed :
<br /> -; °•-� ' by a Federat or state agenag(inctuding L�nda if Le�►der is sucb en institat[an?.l.enda sha!!eypi5'We�unds w pay said taxes.asscssm�ts, 4 �:__�,
<br /> , `.: ias�uance premiums and gia�d rent�.Lenda may noi charge for so hotdiag and aPP�Y�nB the Furtds.onatyiing said account or verifyin�and - � .
<br /> '�``��'��`: eomp�iug said as�es�aents an�bi11s.untcss Leader pays Bosm�ver i�erest on the Fur►ds nnd upplicable ta�v permits Lender w mafce such a ,:c,� � ; .• ,-;: �
<br /> ���TI
<br /> ,''��� chazg�.Barcower aad Lender may agcee ia writing at tde time of ax�utlon of this Qced of Ynut that inte�est on thc Fuads shall bt paid w .;,:-
<br /> :,.�_..
<br /> ,.` �. Bormwer.and unless suc�agresnent is made or epplicabte taw�equires su�b inter�tn be psEd.Lender sball not 6e�equired to pay Bornnwer
<br /> - ---_ - . �3'Int�cest or eaFnings on the Fands Leuda s6all gtve w Bortower.wtthovt eharp�en annual eccauating of the Fands s6owing credits and __ _ f - . .
<br /> ?^�•Y debits Ln t6e Funds aad the putpose for whlch each debit w the Fs�nds was made.T8e kunds ere ptedgai a4 udditIonai sccmrfty fat tke s�ms � ,,:�i.;:
<br /> secured by this De�of Trast. le riar to the dne d�cs of ' � f --
<br /> ��.� if the amouat of tha Funds beld by Lender.wgaher with the fumre moathly instalhneats of Funds Payeb D 4 : r_ �__
<br /> �>-" msmaace ums and uad cec�,sLalt aceed the amount requ�red to pay said mxes.assessmrnts,insurance PIemiwns
<br /> � ' ` ° .r;.,:s� mxas,es�eats.� P� �° aId to Bortower or credited to Borrmver on .•.r -
<br />,:'„�:•,:' ;� ,. �;;:� aad gmund r�nss as they fall dnG svch exoess shall6c.at Borrowets option,eitfler pramptly rep , :.�
<br /> °�°:�:�� , ,. ,,;,� monthiy installments of Fuad�If the em�mt of the Ftmds keW E y[.e n dnr s h a l l no t 6e s u f h e�e n t w p u y t a�c e s,a s s e s s m rn t s„Insuiaace Pnm{ums
<br /> ;,•:;,;,�. . . , . .. ` �r r.�
<br /> ; . and gmimd rents as ttiey faq due,Borrower shaU pay w Lender auyr amount aece.ssary to make uD the d�ciency in ane or more payment�as ;;��.f:;:<<.„�:
<br /> '''° ` .� I.ettder tnay t�qahe. � �'
<br /> '� ".: I�' ilpmnpoyiaem in full of all sums saured by tbis Deed of Tnut.Lender shail pmmptty refLnd to Borrower eny Funda held by l.ead�.
<br /> ,. � , . . • :.>,�. a ta
<br /> _. • �=�`� If uuder patsgcapb 17 5ereof the ProPertY is sald or the PropertY is ott�envise acquired by Leader,l.ender shall apply.no fater than immediateiy , � - -
<br /> - priar to ths sate of tfte Roperty or its acquisitian by Lendey aqy Funds Aetd by Lender at the tIme of eppiicatIon a4 a ccedit agsiiut thc sums �" �_ - -
<br /> `: F' ^ • secured by dils Deed of Tnxct.
<br /> ::��`.-� - : 3. Appltcation oi Faymeufs Unless appltcable tnw prov(des othmvis�a11 paYmrnt��etved by l.ender under the Note and =, �
<br /> ,`, . '�.'.,
<br /> . . � ° ' Paragaphs 1 and Z henof shall be applied by Lender first tn paymeat of amounis payable W I.ender by Bortower unQec paragraph 2 heceo�then .,r.-�--
<br /> .j '.� to tatetest payable on theNote.and then w the piincipffi of the Note. �� •- _._,_
<br /> . 4. Prtor Mort�a�es ead Ueeds of TraeG Cbergesi ideaa Bonower shall Qerfotm al}of Borrowefs obligaUons under ai►y mnrtgage.• �� -_
<br /> � .,,�` � dced of uust or o@ier seAUity a8►�ecmeat with a lfen whlcb has pr�odty over lhis flecd of Tmst,including Botrawels covenant�to make ��_.�
<br /> •' , . paymeats when due.Borrower stm11 pay or r,mue to 6e paid afi t�ces,as�mrnts end ather cher8e9.fia�s an0 irap°9itions attti6utable w tDe r.
<br /> .::; � � propelty whlcJ�may suain a prtority over thts Deed oYTiu�t,aad leasehotd paymet�or grouaQ reuts,if enp• ' nst io� .:�
<br /> ° S. Hs�srd Insnranc�Botrowa shali Iceep the improvements auw exisNng or het�ftcr erected oa the PropeRY insuned aSai ��:�'£_
<br /> . .� by fire,hamrds included within the tam°extended covere�e",ead sucb other ha�ds as Lender may t�eclutre and in such amountg and for such - - -
<br /> ..•� • � ,. Perlods av Lender may requir$. . , -�s
<br /> �� � �e��ra�ce c�rier pmviding the insurance sha11 be chosen by Borrower subject to epproval by Lender,providcd.thnt such eppmvai ;,�
<br />�V • shall not be�onably wlthhetd.All insurance pellctes ead rene�vaIs theceof sha11 be in a form acceptable to Lender and sUall taclude A • _ .;;:_�
<br /> !' �, , � � standard mortgage clanse in favor of and tn a fonn acceptab2e to Lender.l.ender sha116ave the dght to hold Qts polictes and rencwats thera►f. � ___
<br />. .. . . ,.. �.„: subjed W the te�sns ofw�y 1noRgag�deed of uast ar other sxuriry egteement wtih a Iten whkh ha4 priority ovee this Deed of Trust._ '��-,. ;:.:.�
<br /> 9
<br /> • ' la the eveat of toss,BoROaer shell give promDt notice to the insuraztce cazrier ead Lender•Lenda may m�Jce proaf of toss ilnpt made �,..j ____
<br /> � .. . ' pmmpti}r by Borrower. • m >.. � �
<br /> . , • . . If ttce Property is a6andflned by Borrower.or if Borrower fails w tespond to Lender wIthin 30 days Prom the date notia is'maited�y
<br /> � � • ' I,ender to Hoaower that q�e insurance caRier offers to settte a claim for ic�surance 6ectefits,�T.ender is authodzed to wllcct and ap�ly the , _ --_
<br /> • � insucs�nce praeeed.y at Lender's opNon eithato restoration or repah of the Propeny or to the sums sec�ued by tt�is Deed oYTcus1. • ;.' _
<br /> �� . 6. PreservatEon and Mai�tenaace of Property;l,ease6alds;Coadomiatums:Plan�aed Unit DeveWpmeu�.Borrowcr shall keep : :,.:r,.' ,�
<br /> " • ' the Propeaty in good repair and shall not commit waste or permit impairment or detcdoration of tb.c Property ond shafl comply with the � ._-+ '
<br /> � • , pro�isions of any lease if this Deed of Tn�t is on a leasehold.if tAis Aeed of Trust is on a unit in a condominium ar n pluaned unit develapment� ,--
<br /> '' ..'. . � Borrowershall perf'orm ait of Bormwers oDligations nnder the dec1aradon or covenants creating or goveraing tho candominlum or planued unit � '_r < •-,_>-
<br />; '� � ` � dcvelopment,the by-taws and regulaHons of the condominium or ptanned unit devetopmrnt,an0 constituent documen�s. _ 'T
<br /> � . � � 7. Protectloa ot Lender's Secu�(ty-If Borrower faits to perfortn the covenanu and ogrcements contained in tMs Deed of Tnist.or if -;.��:•�
<br /> • . ' � any acHon or proceeding 1s cammenced wiilch materiully effecis Lssidets interest in the PropeRy.then Lender.at Lcndefs option.uyon notice to =-..� '
<br /> Borrowe�may maice such appearanees.dlsburse sucb sums.including cet�onabie nttomeys'fees,and t�Ica such action us is necessary to protect . -
<br /> . ' • l.ende�s interest.If Leader required mortgage insuennce ag a wndition of making the Ioan secured by thls Dced ofTcus�t,[3oaower shait pay the
<br /> � ... � .. premi�s reqnired to maintain such insurance in efPect wtil such time as�he requlrement for sueh irtswanca terml�ntes in ncr,ordanca�v1th . .. .
<br /> , . Borrowefs and l.endei's writter.agreement or apOlicable law: . , •
<br /> . � My amounts disbursed by I.ender pwsuant to this paraBraDh 7.with interest thereon,at the Note mte, shatl bccamo ndditionnl
<br /> � • . fndebtedness of Horrowec secured by thls Deed of Tnist.lJnless Bortower and l.ender a�cee to other terms of payment,such nmounts shaii 6c .
<br /> . , _ � payable upon notice from l.ender w Borrower requescing payment ihereof.Noth�ng contained in this paru�npb 7 shsill cequiro l.ender to incur
<br /> � . any expense or take any action hereunder. rovFded thot Lcnder
<br /> • � � � S. Inspection.Lender may make or cause w be made reasonabte entrles opon end inspectton9 of the Frope[Sy,p ..
<br />' , �. , shail give Borrower not�ce prlor to any such inspectlon specitj�ing reasonable causc therefor celated to Lendcrs intcrest In the Properry. ,
<br />� ' 9. Condemaatlon.The proceeds of any award or claim for damages.dlreet or consequential,in wnneMion wltb any condCnmation or
<br /> � � other taking oSthe Pcoperty.or part thereof,or for conveyance in Ueu of wndemnadon.arc hereby assigncd and shall bc paid to I�endcr,subJect , .
<br /> � to the teans of any mortgagc,decd of trust or other securiry agrcement with u lien which hav pdority ovcr Ihls Deed of Ttust.
<br /> � � 10. Borrower Not Released; Eorbearance By l.ender IVot a Watver. Extension of thc time Por p�yment or modifcation of ,.. • .
<br /> amortiraflon o4the sums secured by this Deed of Trust gmntcd by l.cnder to nny suaessor ln interest of fiortowp shail nm operate to relc:�e,in , •
<br /> � ' - •� any maaner.the liability of the original Borrower and Borrowefs succcssors in :�
<br /> , _ - ' ,, - .
<br /> • .• • . ..
<br /> - , ,- ° -=-- -•,_
<br /> NEBRA5ICA-SECOND MORTGAGE-1/80 FNMA/FHLMC UNIFOtiM iN�1'RiiIYiEJii i�e 2�i'4�o�iu 3��2° �. �
<br /> •. � � . . � . �
<br /> � . .. `I --,�,�- .
<br /> ..'� __i���:+r_�.:.�..._.�i#r�m�'ir�.:..... __ .. ' . . .. x..: ���:.y�.�a�-.,.a�•.�: : _ -i�4k-�1: _ r� , . . e. '� ';t=s�-r,—.''i,��-,,:4."=- -`.i..�..m' _ ._y . . _--.--
<br />
|