|
. _.,,�.m .. .
<br /> "�
<br /> -.r.c�
<br /> � , . �i=
<br /> .
<br /> -- � .._.___-___�__'--"-,.�.___._..—-` ---'_ --.-.-,-_'---'-----�..�--------'^-- -- ___._�....:1a,Ydil� -- -
<br /> . . =..�rx,:�-�..c��� . .� .. . . _ . . � -� -•_•__:_.._..._... _.. z-�"-�_--: . , _ - ..,--_---
<br /> �._w`Y��,�' " • . . ' - ,. , . , .. . .. . , ......VI�rI• '.t ti�rs%.`�
<br /> � •''._-
<br /> � `i`�<\�----j�--
<br /> 1' .n.'•__�
<br /> . , ' .�w
<br /> � clecumstancc;s.Barrowcr shull nat wmmit wustc or destroy,damagc or substantiafly changc the Property or allow thc . _ :
<br /> Propetty to deterlarnte,ru+sanable wcar und tear cxt;cptul. Lender muy lnspcct thc Property if thc Properry is vacant
<br /> or abandoned or thc loaa is in dcfault. L.ender may take rensonablc actton to protcct und preserve such vac�nt ar p . . ,
<br /> _I abandoned Property. Barrowor shall alaa bc in defuult If B�rrawer,durtng the loan application proc:ess,gave matcrlally E _
<br /> talse or inaccurate infurmation ar statcments to Leader(ar isilcd to provide Lcnde:r wltii any matcrial informstion) ,
<br /> in conncctlon witb thc loan evidenccd by the Note,including,but no[1lmIted ca,rcpresenwtions conccrning Borrower's _ _
<br /> occu pan c y of the Property as a princlpal tesidence.If thls Secutity Instrument{s on a leasehold,Borrower shall comply ':•,•r-;_,
<br /> :.. y with thC ptOVlsions of the lease. lf Banow�r acquires Cec:tiUc to tlic Property,t he lease ho l d a n d t e e d t l e s h a ll not ..� .`_!
<br /> be mer�ed unless Lender agrecs to the merger in wrlting. �(,,1 �'i'_-�
<br /> .,••�^� � (, Condemnation. The proceeds of any award or clalm far damages,direct or consequential, in connection with � •' 'i;;�____
<br /> t any condemnation or atlier taking of any part of the Property,or far conveyance ln place of condemnacion,are hereby 1 .. -
<br /> + �S�[Sy -
<br /> assigned and shall be paid to Lender to the extent of the full amount af the indebtedness that remains unpaid under ��.____
<br /> ' the Note and this Security Instrumen� Lender shaA apply such proceecis to the reductlon of the indebtedness under � 1:=;-=.-
<br /> Instrument Grst to an delinqucnt amounts applied!n the order provlded in paragraph 3, � �:,.___ _
<br /> the Note and this Security � Y .
<br /> and then to prepayment of principal. Any application of the proceeds to the princlpal shall not extend or postpone �
<br /> � the due date of the monthly payments,which are refened to in paragraph 2,or ct�ange the amount of such payments. f,,,
<br /> . Any excess proceeds over an amount required to pay aA outs[anding indebtedness under the Note and this Secudty � ��P_
<br /> : ���� Instrument shall be paid to the eatity legally entitled thereto. �r.}:
<br /> 7. �g�to gorm�w�er and ptotection of Lendcr's Righta in the Propccty.Bottower shall pay all gavemmental
<br /> � or municipal charges,fine:+and impositions that are not included ia paragraph 2. Bonower shaU pay these obllgations �
<br /> � on time directly to the entlty whIch is owecl the paymenG lf failure to pay wauld adversely aifect Lcndcr's interest!n �: --
<br /> � ; the Property,upon Lcader's rcquest Bortnwcr shaU promptly farnlsh to Lender r�ccipts evidencing chesc payments. R�'Q.T—
<br /> If Barrowcr fails to makc thesc paymcnts or thc paym�nts rcquirr.cl by paragraph 2,ar fails ta perform any othcr p���
<br /> ' cavenants and agreements contalned in thi�Security Instrament,or there is a Iegs�l proce:ecltng that may slgnl(icantly �;~��_v�
<br /> � �. nffcct L.cndcr's rights in thc Property (such as u proscc.ding in bankruptry, for condcmnaUon or ta cnfurcA laws�r
<br /> �r v�_
<br /> rcgulaticros),thcn L.cnder may du and pay whutcvcr is ncccss�ry to pratecc thc valuc uf chc Property and l.cndcr's rights ��_;���
<br /> in thc Properry,including payment nf tuxac,hururd Insuronco and othcr itcros mcnUoncd!n purAgre�h 2. r`""
<br /> � ��
<br /> Any amount� disburscd by l.cndcr undcr this parugraph dhall bea�ma an additlonal dcbt �f Borrowcr and b� rw
<br /> ' r,ccurc,�i by this Sccuriry Instrumcnt. Th�so amounts�shull bcar intcrest trom thc datc of dfsburscmcnt ut thc Notc ratc;, �._
<br /> 1�I and at thc option oP Lendcr shall bc lmmediutcly due and payable. �__
<br /> � Barrower shall pramptly dischurge�ny Ilen which hns prtority over this Security Instrumcnt unless Borrower:(a)
<br /> agrees in wrlting to the payment of the obligaiion sc;c:urr�i iiy the ifen in a mr,naer sccegisble to Lr��t�r,�h)contests
<br /> " in good faith the lien by,or defends agafast enforcemont of.the lien in,legal proceedings which In the Lender's opinion
<br /> aperate to prevent the enforcement of the lien;or(c)secures from the holder of the lien an agreement satlsfactory
<br /> to I.endcr subordinating the lien to this Security Instrument. If Lcnder determines that any part of the Prop�rty is
<br /> �• .. subf ect to a lien which may attain priority over thls Secudty Instrument,Lender may give Borrower a notice identifying
<br /> the lien. Bonower shall satisfy thc Ilen or take one or more of the actions set forth above withln 10 days of the giving
<br /> of notice.
<br /> 8. Fees. L,ender muy collect fees and charges authorized by the Secretary.
<br /> 9. Grounda for Aooeleradon of Deb�
<br /> (a) Defauit. Lender may, except as limited by regulations issued by the Secreta•ry in the case of payment —
<br /> defaults,require immedlate payment in fuli of all sums secured by thls Security Instrument if:
<br /> �• (i) Borrower defaults by failing to pay in full any monthly payment required by thts Security Instrument
<br /> r prtor to or oa the due date of the neact monthly payment,nr
<br /> � (fi) Bonower defaults by failing,for a period of thirty days,to perform any other obllgatlons wntaine,d —
<br /> �a . in this Securlty lnstrument. �
<br /> � � (b) Sal�Without CXalit A�p�o�vaL L.ender shaU.if permitteei by appllcable la�v(including section 341(d��f �., _ ,.t.__
<br /> che Garn-St.Clermain Deposltory Institutions Act of 1982,12 U.S.C. 1701 j-3(d))and with the pdor approval
<br /> � of the Secretary, require immediate payment in full of all sums secured by this Security Instrument if: �;�_ . _.._.
<br /> . � (t) All or part of the Property,or a beneficial lnterest in a trust owning all or part of the Properry, is sold �'�
<br /> � or otherwise transferred(other than by dcvise or descent),and °--
<br /> (ii) The Properry is not occupied by the punhaser or grantee as his or her principal residence. or the �
<br /> �°c=—=--
<br /> purchaser or grantec does so occupy the Property, but his or her credit has not been approved in -_ ---
<br /> accnrdance with the rcquirements of the Secretary. �=�
<br /> (c) No Waiver. If circnmstances occur that would permit Lender to require immeciiate payment in full,but �.:,�i,�
<br /> Ifnder does not require such payments, Lcnder does not waivc its rights with respect to subsequcnt events. ��k:�,-__.-_
<br /> '• (d) Regulations of HLJD Secretary. In many circumstances regulations issued by the Secretary will limit `.-�+�.:�;t
<br /> Lender's rights,in the case of payment defaults,to requlre immeciiate payment In full and toreclose if not paid. , �•+::-=.
<br /> Thts Security Instrument does not authorize ucceleration or foreclosure if not permitted by regulations of the -
<br /> ISccretary. ' ,
<br /> ; (e) Mortgage IVot Insurai. Borrower agrecs that if this Security Instrument and th�Notc are not detcrmincd
<br /> i to be cllgiblc for insurauce undcr thc National Huusing Act within 60 DAYS from the ,
<br /> .i date hereof,Lendet may,at its vption require immuliate payment in full of all sums secured by this Security J
<br /> .i Instrument. A written statement of any authori•r.ed agent of the Secretary dateci subsequent to
<br /> 60 DAYS from the datc hcrec�f,dcclining to insure this Security Instrument and the Notc, shall bc
<br /> .
<br /> ,
<br /> : . . . r_.u_iuu... 1t�._.L4..�.....�3«...w..�.«.....7.... ,tit�....�t.,.,mav nnt }x:exercised
<br /> . .. -.:� . ' ' ..
<br /> aecmca conciusrvc provi vc aucn u�cug���„�y. ��vtntuwaaawanb.aw.v...bv.ub�••••••••I-»--_•••-� "-' -- --
<br /> _ by Lender when thc unavailability of'insurance Is solely due to Lender's failure to remit a mortgage insurance
<br /> prcmium to the Secretary.
<br /> - ; NBBItASKA-P1�A U�ON'1RUST �
<br />_ Uocumeni s)�acm�.Ina(F.00)b�9.1362 NdbC�U�6
<br /> I
<br /> I l
<br /> _. 1'
<br />
|