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<br /> t_�r � - • � . . ` _
<br /> � z.,� �,. �` Leudet shaIl pmmpfly refond to Borrov�ec anp � -
<br /> f Upon payment ia full a��1�s�by���'�e Pmpercy+. I.e�ier,Prior to the acx�uisition or � � ,,•
<br /> �v`.° �:'` Ftmds held by I.�der. If,�mder Y a�a g�'a�h 1 8, I x n d e c s h a ll a c q u i r e or sate as a credit against the s�ms 4 =` ,:
<br /> � ; `''��`Y sate of the PropertY• sha11 aPPiY ffiY�hetd by Laadec at the time of acqnisition a��a_:�,_
<br /> k°=.•�� ` : r'� �� seaued by this 5erutitY�t• shaI!be lied as mvided ia
<br /> ` ts of and interest received hy I.� aPP p 5 �..,``�.
<br /> � '� 3. APP���of Faym�ts.All PaYan� oP��or c h a r g e s{'other c�arges"),theY!x�l b�t�Yable upon � _ ^-
<br /> � t �e� : the Note. If Barrowec owes Leader aay late cbaiSes, ma be affeeted by the imPositioa of other charBes-
<br /> .... d e m a n d o f I x n d e r.U n l e s s p t o h t�i t e d b y law.the a p plicatioa of paym�ts Y ; �� ,
<br /> '-'„ W �- whether paid w I.ender ia addition to the momhly paYment or s�e 1 Y, w�l b e �.
<br /> :�� : ____�_� 11�efore, pal+mea�s of nther charges,
<br /> � ' _ �'_"��L__ a{,�slied in a manner at the absolute discretion of the I.eader. Borrawer agrces tl�at Lender maY a p�Y a�Y P�Y��Yed
<br /> 1.or first to aanounts paYable uader ParaBraPh 2.
<br /> `- � unda Paragraphs 1 aad 2,eithec fi:s t t o a m o�m u Pa Yable under PasaSragh '
<br /> �� '' 2 4. Pdos Mortg,agcs snd Deeds of Trns�C����$On6"Y���°�all of Bmm�wer's obligations uiader 4 t:
<br /> ���_. :r-.._ �S°`°�'1��y' . -u .
<br /> �' �_t` " - _ �y u�ortgage,deed af uust or other seiauity agree�ueut with a lien which has priority over this Secu�itY
<br /> � ''= or ca�se to 6e paid atl taxes,as�smeats� ..`'�;
<br /> x�.` . wheu due_Bonowet shaU pa}► :";
<br />- y°�y �' '?� mcludinS Bormwer's covenants to make payments : _ � ��.. `�:
<br /> o t h e r d s a r 8 e s,fines and imposiaons aari�butable to the Propert9 atud�maY at�a a Prinrity over this Secauity ias�uuteat.and
<br /> ,_:.. -- , - a
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<br /> `-�' ' - ' --.�,` teasdwld paymeats or ground reats,if anY• the entire amount of any tax levied upon tbis Securiry r< ;.:(
<br /> =i,� �`.'F Bomnwet shall aiso pay.before the saane bernme delinquent. y
<br /> j�• �t,upon the interesc of Lgnder under this Se�vrtry Insuument or upon ttte indebtedness secored herehy. -
<br /> , �'- ' S. Ias�aas�Soirawec sha111ceeP the imProvets�ts aow exiuing or hemafter�on the PcoperiY iaSU�ed aga�ns� ;� ;
<br /> _ ;�� � wtthia the tecm"extended covera8e•"A�od and auy other haza[ds as 1�adc�maY re4uite.from ;: .� :r,,
<br /> : . `r` loss by fire.hazards incladed ,'. ...:,
<br /> ;�i: �' r . • ' r�, time to rime,an d in s u c h a m o u a t a n d f o r s v c h p e r i o d s �be chosen by Hnsmwer sablect to appmv a l b y l.e a d�:p s d v i d e d ' _ __�
<br /> 1`�. 'i h e i n s�a m c x c a i r i�plavi�n 8 d�� a b o v e.Le�nder �
<br /> `�. 'Y�_ „ .'� tbat sach approval shal!uot be unieasonablY withheld.If the 8onower fails to maintain t h e cov e r a g e d�s c�i 6 e d
<br /> +�:� � � • -`µ- at its o tion,abtaia ooveraSe w Protect its nghts�n the Prope�ty m accordance anth Paragraph 8.Al!in�aranc�e pou�es `�r---,-
<br /> �,:.'�i'., °.:'.-__ �Y' P cianse u►favor af and in Y:
<br />_ � -. _ and reuewats tt�ereof shali be in a fomi accePtabie W Lwder and shall iuclude a standard mortgage to the tc7a�s of aay t':.�;
<br /> � t a bie to Leuder. l.ender sha}1 have the Tight w hotd t�e policies and renewals thaenf,sub�eCc
<br /> ��� ! ` ' F �� a f o r t a a c�e P wuh a liea wtuch has prioriry over t�i s S e a a i s y Ias�. ��Y r�� �,.
<br /> ;`,�;'�� � +�.,� znortSage.deed of uast or other se�auity ag�e�� z
<br /> _�-�s±'�<:.s.`T:�...�.:...� � "'-� �anc�e Prac�ds are made Payable to Borrower,Bormwer shail pmm�tlY PaY s�ufi amfluats to Leadcr,incanding,without *. -J,r
<br /> F..`,' �'s:" of an mceeds made by citedc or other dratt- ""�
<br /> ,..: � t w l.ender Y P
<br /> ..�.�:?.. . limitatian,the endoisanen m writia , insuraace prnceeds shall be appued w resw:auon or repair :'+.�b4.
<br /> �:,-; � ` �. -� Unless Leadet aad Borrower othernise agcee B
<br /> • :,�.. if the restoratioa or mpair is economi�Ily feas�'b2e and lxader's se�vrisY is nnt lessened. If the ;::
<br /> '•:y;;`' � ..�- . ;� of the Ptopertq daA�aBed, call f�le or l.eader's secutity would be tesseued,d�e insucanoe pmceeds shall be �'_
<br /> sEStoradon or r�air is not economi Y ��whether or not tlten dae,with anY exc�s p�d LD$O��' y `;�-
<br /> � ' � � � a p plied w the sa�s secured bY this Se�ity u�u i o n of mce�ds w princiPal shail aot exteAd or `�.;
<br /> ` , ' .: Unless Lwder an+d Bornnwer othernrise agree in writing.an Y a p p P , Et '-
<br /> `':.. . � ` . postpone the due date of the monthly payments ceferred to in Paragraphs 1 and 2 or change the uuauuts of��dng
<br /> '"� �: . �� h 18 fhe b I.ender. BorraR+er�s ngt�t to aay insn�aase policies and pm
<br /> ' c ," = Paragrap �P�Y ��1� Y of the sams seLVred bY this��3► :
<br /> � .. : fmm damage to the Pmp�ty P
<br /> ' rior w the acquisidan shall pass w I.eader w the extent •
<br /> FE.,_ _ � r..
<br /> r Insuvment�e 1Y P r i o T t o t h e �• � .
<br /> � �. � ' ` ... � �;M �oonceminS the Pay���.disbutsement or application of insuranse Proceeds sha11 ` ,,.
<br /> 4 ; 7�ce provisions of tbis FaraP,raP arhether or not(i�l.ender is a named insared,Cu71he P�1icY co�a
<br /> ' ., . 1 to any insurance PTaceeds covering the Property � `
<br /> ,'::�:r.'� � � � �y ed 8onower to mamtain►the insaraace. Borrower authorizes aud directs m►Y insure�
<br /> ,:.��.: :' ' mortgage clause or tiiii Leader has re�luir mceeds upon Lender's nodce w insarer of Ixndec's mtetest ia the
<br /> ..`� . •�'' to list L�dec as a loss payee on anY Paym�of insurance P
<br /> .'�.,:°, . . . . .. ceeds ` -
<br /> ��� ,:'' � . ��In the event of loss.Borrower shall give prompt notice w the in5uita�ce canier and Lender.Lender maY m�ProOf ��:.•,.� �.::
<br /> :.r, i . :
<br /> �,-�.'�.-:: :� . of loss if not made pmmptly Dy Boirawer. . .
<br /> '�'°°��'`' : , . • lf the Propercy is abaudoned by B�rmwer. or if Borrower fails to n�spond to I.endec wit�30 days from the dace , . .
<br /> �`�- nouce is ma�led by Len+der to Bonower thai the imnuance�s op on ath�to restoration or�sir of t�he�Prope�► r° o �,. '
<br /> ,,:�• . autho:ized to coltect aad apply the insuraac.e pmceEds . .
<br /> '��•'�'� . . .. the swns se�viced by this SeciuitY lastrume°t. .
<br /> � ��." • . . t�ce of p��y;l,e�olds;Condomini�;��Unit Qev�lopm�ts.Borrower • ..
<br /> �,. `_, , .. 6. Preserr�atEun aad M�n
<br /> ., , ����e p��y �good mpair and sha(1 not commit nor permit waste, impaimcent or detetioratian of ttte PmpertY-
<br /> ? the Pra that is in viotaaon of atry law.ordiaance ar govemment reSulauon •
<br /> :• Bosrow�r shall not do snything affecting � arith the rovisions of any lease if tfis Seeurity 1n5crumeat is •
<br /> ' � � ' applicable co a r�idential propenY.and Boaower shall comply P '
<br /> ``..�'• � • on a leasehoid. If this Securiry lnstrumen� is oA a i:nit in a condominium o�a Pla�ed un�t develop� Boaower shall
<br /> .�=-->��',� or ovecnin the condominiwn or ptanued .
<br /> :..�,; .J.; :. - ,., , perfoy�m all of gorrowei s obligations under the declaration or covenants creating g g .
<br /> �: ;'., .�. , unee development,the by-laws and regvtauons of the condominium or planned unit deve[opmrnt,and coastir.tent dacuments.
<br /> �., ',�.��, . �� . NEBFiASI(A DEED OF TRUST�9�0�1 Origina2 - Record O1Q4910484 � '
<br /> ' M00&3NE ��'9 3���
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