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201804542
<br /> LOAN#: 17024
<br /> such agreement is made or applicable law requires such interest to be paid, Lender shall not be required
<br /> to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower, without charge,
<br /> an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which
<br /> each debit to the Funds was made.The Funds are pledged as additional security for the sums secured
<br /> by this Deed of Trust.
<br /> If the amount of the Funds held by Lender,together with the future monthly installments of Funds pay-
<br /> able prior to the due dates of taxes,assessments,insurance premiums and ground rents,shall exceed the
<br /> amount required to pay said taxes, assessments, insurance premiums and ground rents as they fall due,
<br /> such excess shall be,at Borrower's option,either promptly repaid to Borrower or credited to Borrower on
<br /> monthly installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay
<br /> taxes,assessments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender
<br /> any amount necessary to make up the deficiency in one or more payments as Lender may require.
<br /> Upon payment in full of all sums secured by this Deed of Trust, Lender shall promptly refund to Bor-
<br /> rower any Funds held by Lender. If under paragraph 17 hereof the Property is sold or the Property is
<br /> otherwise acquired by Lender,Lender shall apply,no later than immediately prior to the sale of the Property
<br /> or its acquisition by Lender, any Funds held by Lender at the time of application as a credit against the
<br /> sums secured by this Deed of Trust.
<br /> 3. Application of Payments. Unless applicable law provides otherwise, all payments received
<br /> by Lender under the Note and paragraphs 1 and 2 hereof shall be applied by Lender first in payment of
<br /> amounts payable to Lender by Borrower under paragraph 2 hereof,then to interest payable on the Note,
<br /> and then to the principal of the Note.
<br /> 4. Prior Mortgages and Deeds of Trust;Charges; Liens.Borrower shall perform all of Borrower's
<br /> obligations under any mortgage, deed of trust or other security agreement with a lien which has priority
<br /> over this Deed of Trust, including Borrower's covenants to make payments when due. Borrower shall pay
<br /> or cause to be paid all taxes, assessments and other charges, fines and impositions attributable to the
<br /> Property which may attain a priority over this Deed of Trust,and leasehold payments or ground rents,if any.
<br /> 5. Hazard Insurance. Borrower shall keep the improvements now existing or hereafter erected on
<br /> the Property insured against loss by fire,hazards included within the term"extended coverage,"and such
<br /> other hazards as Lender may require and in such amounts and for such periods as Lender may require.
<br /> The insurance carrier providing the insurance shall be chosen by Borrower subject to approval by
<br /> Lender; provided, that such approval shall not be unreasonably withheld.All insurance policies and
<br /> renewals thereof shall be in a form acceptable to Lender and shall include a standard mortgage clause in
<br /> favor of and in a form acceptable to Lender. Lender shall have the right to hold the policies and renewals
<br /> thereof,subject to the terms of any mortgage, deed of trust or other security agreement with a lien which
<br /> has priority over this Deed of Trust.
<br /> In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender
<br /> may make proof of loss if not made promptly by Borrower.
<br /> If the Property is abandoned by Borrower, or if Borrower fails to respond to Lender within 30 days
<br /> from the date notice is mailed by Lender to Borrower that the insurance carrier offers to settle a claim for
<br /> insurance benefits, Lender is authorized to collect and apply the insurance proceeds at Lender's option
<br /> either to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br /> 6. Preservation and Maintenance of Property; Leaseholds; Condominiums; Planned Unit
<br /> Developments. Borrower shall keep the Property in good repair and shall not commit waste or permit
<br /> impairment or deterioration of the Property. If this Deed of Trust is on a leasehold, Borrower shall comply
<br /> with all the provisions of the lease. Borrower shall not surrender the leasehold estate and interests herein
<br /> conveyed or terminate or cancel the ground lease.Borrower shall not,without the express written consent
<br /> of Lender, alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasehold
<br /> and the fee title shall not merge unless Lender agrees to the merger in writing.If this Deed of Trust is on a
<br /> unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations
<br /> under the declaration or covenants creating or governing the condominium or planned unit development,
<br /> the by-laws and regulations of the condominium or planned unit development,and constituent documents.
<br /> 7. Protection of Lender's Security. If Borrower fails to perform the covenants and agreements
<br /> contained in this Deed of Trust, or if any action or proceeding is commenced which materially affects
<br /> Lender's interest in the Property, then Lender, at Lender's option, upon notice to Borrower, may make
<br /> such appearances, disburse such sums, including reasonable attorneys'fees, and take such action as is
<br /> necessary to protect Lender's interest.If Lender required mortgage insurance as a condition of making the
<br /> loan secured by this Deed of Trust, Borrower shall pay the premiums required to maintain such insurance
<br /> in effect until such time as the requirement for such insurance terminates in accordance with Borrower's
<br /> and Lender's written agreement or applicable law.
<br /> Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon, at the Note
<br /> rate, shall become additional indebtedness of Borrower secured by this Deed of Trust. Unless Borrower
<br /> and Lender agree to other terms of payment, such amounts shall be payable upon notice from Lender
<br /> to Borrower requesting payment thereof. Nothing contained in this paragraph 7 shall require Lender to
<br /> incur any expense or take any action hereunder.
<br /> NEBRASKA-SECOND MORTGAGE-1/80-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 38Xt.g
<br /> Modified by Ellie Mae,Inc. Initials:
<br /> Ellie Mae,Inc. Page 3 of 6 NEVSECDE 0717
<br /> NEVSECDE(CLS)
<br /> 07/09/2018 01:47 PM PST
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