|
.. � � .
<br /> , � ,;.,�r�,,, .. ,
<br /> 'w:�• ..- ,� -
<br /> y 'I YL i'•'�'M�'.,...���L�];j
<br /> . . .....l .Y•yihyT4J4�11M10 AW��tif.l� X . .. - - . ..� .. � .... .. . . ����-
<br /> . ` ..
<br /> ,� � 98- 1�.2��41 F:`
<br /> � �->� • ' LOANNO. 1539218099 �'
<br /> � t R
<br /> - t All Insurance pollclea and renewsls shall be acceptable to Lender arxi shall Include a etandard mortgage clause, ��
<br /> - �� l.ender ahall have tho right to hold the pollcies and renewals.Ii Lender requires,Borrower shall promptly gfve to Lender _
<br />_ �t all recelpts of paki pr�mluma ar►d renewal notices. In the event at losa,Borrower shall glve prompt notice to the -.
<br /> � Insurance carrler and Ler►der, Lender may make proof of loss If n�t mado promptly by Borrower. _
<br /> Unleaa Lender and Borrower otharwise agree!n wrtting,Inaurance proceeda shail be epplled to restoratlon or repaIr
<br /> I � of the Property damaged, Hthe restoration or repair is economically foaslble and LendAr's security I�not lessened.If the _.
<br /> �, restoratlon or ropalr Is not economlcally feasll�le or Lender's security would be lessenod,the Insurance proaeeds shall �
<br /> be a�.plled to she eurris secured by thle Securfty Instrument,whather or not then due,wfth any nxcass pald to Borrower.
<br /> � If Barrower abandons the Properry,ur does ndt answer wRhln 30 days a notice irom Londer that the Insurance carrler
<br /> . has offered to settle a clalrn,then Lender may cdlect the Insurance proceeds.Lender rtlay use the proceeds to ropalr
<br /> or restore the Property or to pay sums secured by thle Securiry Instrument,whether or not then dus.The 30-day perlod
<br /> � wlll begln when the notice Is given.
<br /> �� Unless Lender and Borrower otherwlse agree in wrfting,any appllcatlon of proceeds to principai shall not extend or
<br /> postpone the due date of the monthly payments referred to In paragrephs 1 and 2 or change the amount of the
<br /> ;, payments. If under parag►aph 21 the Property Is aequired by Lender,Borrower's right to any Insurance policles and
<br /> proceeds resulting from damage to the Property prlor to the acqulsftlon shall pass to Lender to the extent of the sums
<br /> � secured by thls Securfry I nstrument Immedlately prlor to the acqulsftlon.
<br /> �' 6.Occup�ncy,Prewrv�tlon,M�Intsn�nce Nnd Pr�tection of the Property;Bonower's Lwn Appllc�tlon;
<br /> �. Lee�ehald�. Borrower shall occupy,establisf�,and use the Property as Borrower's princlpal resldence wffhln siMy days
<br /> after the axecution of this Securfry Instrument and shall continue to occupy the Property as Borrower's principal
<br /> resldence for at least one yea�after the date af occupancy,unless Lender otherwise agrees In wrlting,which consent
<br /> shall net be unreasonaWy wfthhetd,or unlea�extenuating clrcumstances exist which are beyond Borrower's contrd.
<br /> � � Borrower shall not destroy,damage dr Impalr the Properry,allow the Properry to deterior�te,or commlt waste on the
<br /> Property.Borrower shall be In default ff any forfefture actlon or proceeding,whether cbll or criminal,la begun that In
<br /> � Lender's good fakh judgrnent could result in fodeiture of the Properry or otherwise materlally Impalr the Ilen created by
<br /> thls Securfty Instrument or Lender's sdcurity Interest.Borrower may cure such a default and roinstate,as provkied In
<br /> ' ' ;� paragraph 18,by causing tha actlon or proceeding to be dism{ssed wlth e ruling that,In Lender's good fafth
<br />- .,� • determinatlon,precludes torfeiture of the Borrower's Interest In the Property or uther material Impairmant�f tho Ilen
<br /> created by thla Securiry Instrument or Lender's securfry Interest.Borrower shall also be in default If Borrower,during the
<br /> _ • toan applicatlon proceas, gave materlally false or Inaccurate Informatlon or statements to Lender(or talled to prov{de
<br />-' Lender wfth any mat�r�l ir�ormatlon)In connection wfth the loan evidenced by the Note,Induding,but not Ilmfted to,
<br /> - � � representattons conceming Borrower's occupancy of the Properry as a prinaipal residence.If thls Securfry InstrumeM Is
<br /> -- -::��; on a l�sahcld,Bcr.sr.�er shs!!cQmp!y w�t��all tha nmvfslons of the lease. If Borrt�wer Acqulres fee tRle to the Proporty,
<br /> . the leasehdd and the tea trtle shall not merge unless Lender agraes to the merger In wrfting.
<br />�:' , 7.Protectfon ot UndK's RI�Ms In th�Ptopsrty. If Borrower fsils to pertorm the covenants and agr�ements
<br />==�:� � contained in thls Securlty Instrument,or there Is a legal proceeding that may signfficantly affect Lendar's rlgMa In the
<br />�,sti�,;• �� . Property(such as s proceedinp in bankruptcy,probate,for condemnation or fortefture or to enforce lawa or
<br />�;v.,�;';�;`� regulations),then Lender may do and pay for whatever Is necessary to protec:t the value of the Property and Lender's
<br /> � :��A��- ��� rlghts In the Property,Lender s actlons may Indude paying any sums secured by a Ilen which has prio�ity over thls
<br />�.��- ��w_ Security Instrument, a ring In court,paying reasanable attorneys'fees and entering on the Properry to make
<br />�'�i.=;.,>';.�..�.,: repalre.Although Le er may take actlon underthis paragraph 7,Lender does not have to do so.
<br />�,r`;.*;;^�"'�;+`� Any amounts disbursed by Lender under thls paragraph 7 shall bacome addftlonal debt of Borrower secured by
<br />��: _ � this Securfry Instniment. Unless Borrower and Londer agree to other terms of payment,these amounts shall bear
<br /> sc::.<;;..�.".'�' Interest from the date of disbursement at the Note rate and shall be payaWe,wfth interest,upon notice from Lend�r to
<br />=���:���u�`^ eorrower requesting payment,
<br />;-�a�:�,:�r;.�:•.
<br />�_g,w,�.�,:�, e.Mort��qe Insunnce. if Lender requlred mortgage Insurance as a condftlan of mAking the laan secured by th s
<br /> ;_;;;���=r�^;��, Securfty�nstrumert, Bor�ower shall pay the premlums requlred to malntsln the mortgage insuranca In effect.If,for any
<br />_,,�f�,�:��,.r� . reason,the mortgage Insurance coverage required by Lender lepses or ceases to be In etfect,Borrawer shall pay the
<br /> � 1,. premluma requlred to obtaln coverage substaMlally equivalent to the mortgage insurance prevlously in effect,at a cost
<br /> �'��•�:-� ' substantially equlvalent ta the cost to Borrower of the mortgage insurance prevlously in eff�ct,irom an altemate
<br /> • • ' mortgage Insurer approved by Lender.If aubstantially equlvalent mortgage Insurance coverage Ia not svallable,
<br />-�,�G� . Burrower shall pay to Lender each month a sum eqtx�l to one-twelfth of t h e yearly mortgage InsurAnce prem lum b e ing
<br /> - ' �: �= paid h�y Borrower when the insurance coverage lapsed or ceased to be In effect.Lender will acce t,use and retaln these
<br /> .-.:..�;:' � a
<br /> payments as a loss reserve in Ileu of mortgage insurance. Loss reseroe payments may no longer required,at the
<br /> ---�`� � option of Lender,If mortgage Insurance coverage(In the amount and for the perlods that Lender requires) provided by
<br />--��• an Insurer approved by Lender agaln becomes avallable and is obtalned. Borrower shall pay the premlums r�qulred to
<br /> ,�'"
<br />_;,:�— °• malntaln moKgage Insurance in effect,or to provide a loss reserve,untll the requlrement for mortgage Insurence ends
<br /> rY�'"�' in accordance wfth any written agreement bet�een Borrower and Lender or applicable law.
<br />��-�_.. _. .
<br /> � ' • 9. Inspectlon. Lerxler or fts agern may make reasonable ent�les upon snd inspectlons of the Properry. Lender
<br />', � � � shall give Borrowor notice at the time of or prla to an Inspectlon specffying reasonable cause for the Inspection.
<br /> � � �
<br /> . • NFBRASKA-SINGLE FAMILY�FNMA/FHLMC UNIFORM INSTRUMENT FORM 30280/90
<br />- � ISC/CMDTNE//0792/3028(8-90)•L PAQE 3 OF 6 '
<br /> _ . � ...W_,W..�.__,.....�......_... .
<br /> _ _ __ � _ . - - -�--- - _ _ ___ ___ _° _ _
<br />_ ___ ._., . . . -..-._.__.. . - ---- ----- -- ----- ------- _
<br /> � •
<br /> � -
<br /> � -
<br /> „ _ _
<br />
|