200008200
<br />Loan No.: 7300080393
<br />Any amounts disbursed by Lender pursuant to his paragraph 7, with interest thereon, at the Note rate, shall become
<br />additional indebtedness of Borrower secured by this Deed of Trust. Unless Borrower and Lender agree to other terms of
<br />payment, such amounts shall be payable upon notice from Lender to Borrower requesting payment thereof. Nothing contained
<br />in this paragraph 7 shall require Lender to incur any expense or take any action hereunder.
<br />8. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property,
<br />provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to
<br />Lender's interest in the Property.
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender, 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 />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification
<br />of amortization of the sums secured by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not
<br />operate to release, in any manner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not
<br />be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify
<br />amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's
<br />successors in interest. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded by
<br />applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />11. Successors and Assigns Bound; Joint and Several Liability; Co- signers. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be joint and several. Any
<br />Borrower who co -signs this Deed of Trust, but does not execute the Note, (a) is co- signing this Deed of Trust only to grant and
<br />convey that Borrower's interest in the Property to Trustee under the terms of this Deed of Trust, (b) is not personally liable
<br />on the Note or under this Deed of Trust, and (c) agrees that Lender and any other Borrower hereunder may agree to extend,
<br />modify, forbear, or make any other accommodations with regard to the terms of this Deed of Trust or the Note, without that
<br />Borrower's consent and without releasing that Borrower or modifying this Deed of Trust as to that Borrower's interest in the
<br />Property.
<br />12. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be given by delivering it or by mailing such notice by certified mail addressed
<br />to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided
<br />herein, and (b) any notice to Lender shall be given by certified mail to Lender's address stated herein or to such other address
<br />as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this Deed of Trust shall be
<br />deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />13. Governing Law; Severability. The state and local laws applicable to this Deed of Trust shall be the laws of the
<br />jurisdiction in which the Property is located. The foregoing sentence shall not limit the applicability of federal law to this Deed
<br />of Trust. In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law, such conflict
<br />shall not affect other provisions of this Deed of Trust or the Note which can be given effect without the conflicting provision,
<br />and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As used herein, "costs,"
<br />"expenses" and "attorneys' fees" include all sums to the extent not prohibited by applicable law or limited herein.
<br />14. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />15. Rehabilitation Loan Agreement. Borrower shall fulfill all of Borrower's obligation under any home rehabilitation,
<br />improvement, repair, or other loan agreement which Borrower enters into with Lender. Lender, at Lender's option, may require
<br />Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assignment of any rights, claims or defenses
<br />which Borrower may have against parties who supply labor, materials or services in connection with improvements made to the
<br />Property.
<br />16. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest
<br />in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person)
<br />without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this
<br />Deed of Trust. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of
<br />this Deed of Trust.
<br />If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period
<br />of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by
<br />this Deed of Trust. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies
<br />permitted b t 's DeTdAOS *INITIALS further notice or demand On Borrower. I IIIIII VIII VIII VIII VIII VIII VIII VIII VIII VIII IIII VIII VIII IIII
<br />NEBRASKA- SE ON MORTGAGE - 1/80 Page 3 of 5 Form 3828
<br />FNMA/FHLMC UNIFORM INSTRUMENT 2DOTNE3 01/96
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