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<br />account or verifying and compiling said assessments and bills, unless Lender pays Borrower interest on the Funds and applicable
<br />law permits Lender to make such a charge. Borrower and Lender may agree in writing at the time of execution of this Deed of
<br />Trust that interest on the Funds shall be paid to Borrower, and unless such agreement is made or applicable law requires such interest
<br />to be paid, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender shall give to Borrower,
<br />without charge, an annual accounting of the Funds showing credits and debits to the Funds and the purpose for which each debit to
<br />the Funds was made. The Funds are pledged as additional security for the sums secured by this Deed of Trust.
<br />If the amount of the Funds held by Lender, together with the future monthly installments of Funds payable prior to the due dates
<br />of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required to pay said taxes, assessments, insurance
<br />premiums and ground rents as they fall due, such excess shall be, at Borrower's option, either promptly repaid to Borrower or credited
<br />to Borrower on monthly installments of Funds. If the amount of the Funds held by Lender shall not be sufficient to pay taxes,
<br />assessments, insurance premiums and ground rents as they fall due, Borrower shall pay to Lender any amount necessary to make up
<br />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 Borrower any Funds held by
<br />Lender. If under paragraph 17 hereof the Property is sold or the Property is otherwise acquired by Lender, Lender shall apply, no later
<br />than immediately prior to the sale of the Property or its acquisition by Lender, any Funds held by Lender at the time of application as a
<br />credit against the sums secured by this Deed of Trust.
<br />3. Application of Payments. Unless applicable law provides otherwise, all payments received by Lender under the Note and
<br />paragraphs 1 and 2 hereof shall be applied by Lender first in payment of amounts payable to Lender by Borrower under paragraph 2
<br />hereof, then to interest payable on the Note, 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 obligations under any
<br />mortgage, deed of trust or other security agreement with a lien which has priority over this Deed of Trust, including Borrower's
<br />covenants to make payments when due. Borrower shall pay or cause to be paid all taxes, assessments and other charges, fines and
<br />impositions attributable to the Property which may attain a priority over this Deed of Trust, and leasehold payments or ground rents,
<br />if any.
<br />5. Hazard Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against
<br />loss by fire, hazards included within the term "extended coverage ", and such other hazards as Lender may require and in such
<br />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 Lender; provided, that such
<br />approval shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in a form acceptable to Lender
<br />and shall include a standard mortgage clause in favor of and in a form acceptable to Lender. Lender shall have the right to hold the
<br />policies and renewals thereof, subject to the terms of any mortgage, deed of trust or other security agreement with a lien which has
<br />priority over this Deed of Trust.
<br />In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss
<br />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 from the date notice is mailed by
<br />Lender to Borrower that the insurance carrier offers to settle a claim for insurance benefits, Lender is authorized to collect and apply
<br />the insurance proceeds at Lender's option 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 Developments. Borrower shall
<br />keep the Property in good repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply
<br />with the provisions of any lease if this Deed of Trust is on a leasehold. If this Deed of Trust is on a unit in a condominium or a planned
<br />unit development, Borrower shall perform all of Borrower's obligations under the declaration or covenants creating or governing the
<br />condominium or planned unit development, the by -laws and regulations of the condominium or planned unit development, and
<br />constituent documents.
<br />7. Protection of Lender's Security. If Borrower fails to perform the covenants and agreements contained in this Deed of Trust,
<br />or if any action or proceeding is commenced which materially affects Lender's interest in the Property, then Lender, at Lender's option,
<br />upon notice to Borrower, may make such appearances, disburse such sums, including reasonable attorneys' fees, and take such action as
<br />is necessary to protect Lender's interest. If Lender required mortgage insurance as a condition of making the loan secured by this Deed
<br />of Trust, Borrower shall pay the premiums required to maintain such insurance in effect until such time as the requirement for such
<br />insurance terminates in accordance with Borrower's 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 rate, shall become additional
<br />indebtedness of Borrower secured by this Deed of Trust. Unless Borrower and Lender agree to other terms of payment, such amounts
<br />shall be payable upon notice from Lender to Borrower requesting payment thereof. Nothing contained in this paragraph 7 shall
<br />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, provided that
<br />Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to Lender's interest in
<br />the Property.
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation
<br />or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to
<br />Lender, subject to the Terms of any mortgage, deed of trust or other security agreement with a lien which has priority over this Deed
<br />of Trust.
<br />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of
<br />amortization of the sums secured by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate
<br />to release, in any manner, the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to
<br />commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest. Any
<br />forbearance by Lender in excercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of
<br />or preclude the excercise of any such right or remedy.
<br />LOAN NO.: IA55704 Initials
<br />NEBRASKA- SECOND MORTGAGE- 1 /804NMA /F HAIC UNIFORM INSTRUMENT Form 3818
<br />DOCPREP SERV(CEb', INC. FORM - DEEDNE2 -7592 Page 2 of 4
<br />ORIGINAL
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