|
. l _, : � .... .. ; .:t:.��;':,fi��
<br /> `. . .;*� i' ,.._ . _ ,� .. ... �
<br /> i
<br /> [
<br /> . t ��'� . . . . .. . ..
<br /> ,a�i�111P � - .. ... . ,
<br /> � ...•� .�.,,.,. ' ,i _.-. _:r a-. - --` — - _.
<br /> � -�''�!��' • ., �/ .�lHMY��w+i4'wwn•.+�i'.s«N,w..��*s-�-'--,r.---
<br /> ,.i . w�r�.�`�".,.�.��.aaa(�l�YlollYMGi� d�' ..`� ,�,L:..._�u....aL��...•�.:A' i_.����.._"�_....�_�. .�...._ . .3��1 .
<br /> . �� - . .�� .� l.+--����rt�...
<br /> .t+l�`YY.I� HARRaIv'aTON SRIDOBZ°fB A HAY2RINCiTON 102509 o3�aa/i99�
<br /> �.;v.::r%:.i.,tf��� _..
<br /> =.•x� . ' UNIPORM CoveNaN'i's. Bamnver and Ixmier covenant aud agree ns follaws: "
<br />:��.....�-:. .��• 1. P�y�r►enR af iTtirtrOpal end Int@r+c�t. Bor[ower shall promptly pay wlien due tFee pdncipzl and 3nterest `-
<br /> ' -� ladebt�dness evldensed by the Nate und late charQeas a�provi�ed in die Note. °'`
<br /> . ;,' a. Fittns�s[or 9'axes an�Insuranse. Subject to appH�tble law ur a vvritt�n wuiver by Leader.Barn►�vez shAll pay to
<br /> ' I.etedee an the duy m{►nthly payutentx�if prlrtci�+nl a�td interest are pnyuble unslez the Note,un.ti!the Note iP�aid in fuli.n ��
<br /> .`�'-���.�?`:�'�` sum(herein °Funds')equa! to one-twelfth of the yearly te�crs a�d as�essmenis(lnctuding cundominlum and pla.iu�ed unit
<br /> �- develo�ment ucsessmQnts, if any)which nwy attain priority over�&is De�d of'T�ust. mtd Qr��und rents on ttee Pro�rty.if K
<br /> ;_:;�;;;;�° � any.P3ns one-twelfth of yearly premium i��stulin�enu Far l�amrd i�Ltiurance.Plus ane-nvelfth of yeariy premium inst�liments(� �
<br /> . for arangage insurance. if any. ail a�reasonahly estin�ated ialdalfy and from time ta dme by L.ender oa the basis ofCp
<br /> asses,m�nts and 6iUs ansl reasanable esti�uates ehereof. Bomu�ver sl�lf nnt be obligated to malce such paymenrs of Fua� • -
<br />-��:„1 w 7xnder to the eatent�hat Borrower malces such payn�ents to Q►e halder of a prInr mortgage or deod of m�st if such koider�i
<br />` � is na Insdludonal lender.
<br />�-x;"""�"� If Bomower pays Fu�s to I.emier. the Funds�hal1 he hdd in an iasdtudon the deposlts or s000unts of wLich ant � ._
<br /> _ ;.;.,';�,:,.; ' insvred or guarautced by a Federat or aate agency(inclading Leuder if Lender is sucb an instftudon). Le�er shall apply�
<br /> ; .,..::} the Funds ta pay said taxes.as.sessn�ents.insuranve premiums and gcound mms. Lender may not churge for so holdiag aad�
<br /> . ".'`'. , apPlying the Funds. aaalyr3ng said account or verifyjng aud artnpilipg sitd assessmenits uad biUs.unless [xuder PaY$
<br /> �_;;x.3�;';�;:
<br /> �J:;;��y::� : Barmwgr interes�on the Funds and applicable Iaw permits Lender to make such a charge.Borrower a�Lender maY agree
<br /> -•...h,...�• in writing at the dtae of executtan af tht�Deecl uf Tn�st diae interest on the Funds sUaii be paid to Borcower.and unless
<br /> =-�
<br /> ��}���;+;-�,; such agm�nt is made or spplicable law cequires such interest to 6e paid.Lender sluill uot be requue�W pay Borrower
<br />-,,;,�s�� aqy ineerest or eafuings oA We Funds. l.encter shail give w Bairower.withaut charge.an amn�al:.ccaunting of the Fs� •
<br /> -j°'��-- showjng.cedits aod debits w th� �unds ansl the puipose for which each debit to the Funds vua�made.'Y�Ftwds�e
<br /> - �� pledged as addtdanal security for the sums secured by this Deed of Tmst.
<br />'��`°_�,`�;�.� If the amou�nt of the Futtds held hy l.eader.together wnth the fuwre montWy it�allments of Funds payable prtos to
<br />,�,�°�n:;^� dce due dates of taxes.a�ssnients. insivance premiums and Bround nenis.sball exceed the amount req�dred to pay sald
<br /> -:,-=�y,��. taxes. assessments. insuranre premiums and grnund rents as they fall cl�s, such mtcess shall be. at Bomnwer's opdun.
<br />_. . ;a,..----
<br />'`="n�',� eiWer pmm�tly re�i�w Borrower or crectited to Borrower on monttily imst�llmems of Funds. If the au�ount of the Fnnds -
<br /> s;�:� held by I.ender shzii nnt be svfRcIent to pay taxes,assessmsnts. insura�oe premiu�s and ground mnts as they fall due.
<br /> R--=� Borrower sLaU pay to L�ender any ammuit necessary ta make up the deficiency in one or more payments as Lender m�y --
<br /> -_„=�� ceqt8ne.
<br /> ----�o� Upon payment tn full of all sums secu�ed by this Deed of Tmst.Lender sdaU pmmptly refiwd to Boirower airy Funds
<br />-----== �Id by I+ene�er.I�u�ter pa�ag�apit i7 itetwi t�to Ftupot'ry is suId ut ticc revpciiy js i��isc�uif-at`vj�Las3c`..Lc;.;�- °
<br /> � ' s�all apply. no Iater dma immedtately prlor to tke sale of the Pcopemy oi its aa�uisidon by Lender,any Funds held by _
<br /> `,`� - Lender at the dme of applicadon as a crettit against the sums seau�ed by this Aeed of Tcnst.
<br /> 3.Apglication of Pl�yme�s. QWess applicable law provIdes otherwLse.all paymems received by Lender woder the
<br /> - ::;� Note a�i par�grlphs 1 and 2 heteof shaU be appl[ed by Lender Mss in payment of amounts payable to Lender 6y Borrower
<br /> --� . under paragraph 2 hereof.then to interest payable on che Note.actd then to tl�e principal of the Nate. '
<br /> 4. Plior Ndurtgages and Dec�is of Trust;Charges;Lfe�. Borra+u�t sl�ll perform a11 of Bornawer's obli�ioac
<br /> - under atry mortgage. deed of[rust or other security a�ee�nt with a Uen w6ich has prIarIty over d�is Deed of 1Yu.st,
<br />___:�.�;',�� includtng Bornuwer's coveaauts to n�ake payments when due. �onower shall pay or cause to be paid all mxes.a�memts
<br /> and other ctnazges.�ines and imposidons aaributabte ro the Praperty wtuch may attain a prlorlty over tLis Deed of Tn�st.
<br /> and le�seholtt payments or gravnd mnts.if any.
<br /> s. Hasard Iaruaaoe. Bomnwer shaU kc�eep the improvements now existing or hereafter ezeard on the Pcopetty
<br /> ins�red agzinst loss by 6re. harands uuluded vvitLin the term'exte�d covezage'.and sash other harards as Lender mry
<br /> requirt and in sstich amouats and for suc6 periods as Lender�Y require.
<br /> ___. 'Pt�e iasurance catrIer providiug the iasucance shell be cl�osen by Borrower subject to appmval by i.ender.pmviQed.
<br /> . thai such appmval sLall not be unreasonably withheld. All ir�urance pollcies aad renetvals di2mof s1as11 be in a totm
<br /> - . apoepu�bte to Lend�r and shall inctude a standard mortgage clsu5e in favos of and in a form aooe�tble t�I+end�r. L+��r _
<br /> shall have the right to hold the policies and reuewals thereof.subjert to tAe terms of any mo�4gage.deed of tcust os d�r
<br /> -°-=-��—- . s�;.�t�tiy agrc���t wttl�a IIen which lias priority ovcr this Da�d of Trusi. -
<br /> — -�" In t6e event of loss.Bonrower shali give prompt notice co the imutauce canier and i.ender.ieaoer may m�"tc(nooi
<br /> � of los5 itf not made promptly by Bonower.
<br /> . If the Prope�ty is abando�d by Bonower.or if Borrower fails to respand m Lender wctLin 30 days ft�om the da0e
<br /> .. uofIce�S mailed by Ler�der m Borcower thac the insurause c�ier offers to setile a claim far imvranot beneSts.Lender Is
<br /> ..;�:;,� authorized co co➢Ioct aad apply tbe insurauce pr�ceeds ac Le��r's apdon either to resroradon or nepnir of tLe Prupeity or
<br /> -° w rbe sums securod by chis Deed of Tcusc.
<br /> -.-._-- 6. Pe+eservatiun and Mai�ance of Fropwty, E,esseholcl�i Cundomini�si Planned Udt Dadopm�ts.
<br />__ == _ Borrower shall icc�.p the Praperty in goad mpair and shall not commIt waste or permit impairmem ar�terioradon of the �
<br /> -_.:��� Property and shaDl eomUly with the pmvis�ons of any Irase if this Dced of Tnut is on a leacehold. If t��Deed of Tmst is
<br /> --� on a�enit in a oomdominium or a plew�ed unit development,B��rrower sha11 perform alt of Borrower's obligations umfls,r 46e
<br />---�;�: , -
<br /> `-__M1�� declzration or aoven�anrs creating Ar gavemiug the wndominiWn or P1a�m�ed tmit developmem.ths by-laws aid n�'^u9st�tmns
<br /> y.�i.:�==-y�: of the condomi�dum ar platmed unit developm:nt.and onnsdWem documents. ,
<br /> -�=;-'°�-'��� 7. Pmtectton of I�nder's Security. if Burrou�r faits m perfaim.the aovenams and agree�eo�ioed in tMs
<br />-�����':;�' D�d of Teust,or if any acxion or pmceecUng is commznoed wl�iich materially affects Lender's intecest in the Property,then
<br /> -�r���";:��� P..emdsr. at Lender's oprivn. upun nodrx m Borrower. may m�ise such a�pearances. disbu�se s�ch sums. �cludiag
<br /> ���
<br /> { rr�s�nabie aaotueys' fees. and taice saci�accion as is Qecessa�ry co piacea i,endcT s�icc�.si.'u'i�c.ss�ia�a....�.�
<br /> =�=-"�� insntanoe as a co�lldon of mak�ng the loan secuccc�d by this Dced of Tnt�.Bomawer shall pay dte premiums requiced co
<br /> �::�_;�. � mrdinta�n sush ins�uunce in effect umit sacP► anie as the requirement for such i�ance tertninates ia aa�ordame vrrith
<br /> ,�a�y•,:3':� Borrower's and L�eader's wtitten agt�ement or applirable law.
<br /> '.:�`��t4;':�:',".::- Any a�un7s dIsD�used by[.ertder pursua�u co this a�a h T.with iurerest thereon,at the N�e rate.st�ll beaome
<br /> R �P
<br /> -��I�H�t��1�.�� additional iad�of Boirower s�cured by this Deed nf Ttust.Unless Bomower and Lcnier agroe to o�et tem�s of
<br /> ' .,�-°".�" � � P�Y�• s�h amounis sLall be payable upe�n nouce ftom Lender w Borcower te9uesdn$ QaYme� ther+auf. Nothiug
<br /> - - conttined tn t�is�aragraph 7 shall n�yuu+e Lender to iacur any expense or take any action heneun�der. =
<br /> _- '� . �` 8. in��ectEon. Le�er roay roalce or cause to 6e made reasorrable enuies upon a� i��dons of the Pc�opectY, _
<br /> '�,.� �'� mvided that LendPr shaU ve Bomnwer notice rior to an stech i on
<br /> .:, nrr�.�� ;_ P 8i p Y �a ����ombte cause thecefor related w
<br /> - '-.r�.� Leader's lnterest in the Property.
<br /> _;z,.'�r� 4
<br /> . :.c.
<br /> •4 _
<br /> . . Hebnska26a�b�a troa Origiaal(RecorBodl CopY(Branch) CopytC�sstosser) Page2ot!
<br /> , ,
<br /> � - _ _ _
<br /> - - - - -- --
<br /> .
<br /> �.-,�--- ., � � - ......... ._.....w.--r...... ... .........�. .._.. „ ..-_..--._--- �— �--– ----
<br />. .. __ _ _..� -- - -�.'r-. ,.r _ - — --
<br />
|