|
., _�;:;�
<br /> .�.� .�. �
<br /> . .
<br /> �� ��'��'.� . . .,�� , .:. .. , �::.'� . —------ . �::�- -
<br /> . { , -i•r �• -
<br /> •., �� --
<br /> :-�. �. _ .
<br /> : -�-z-=-u --�-�=� � - � ° � '
<br /> 94�- 10�74
<br /> -F f. oa.rocr.r1n.�e�v.do.. M.�.wa�.cs�na re+ae.cttoe ot W. Prop.rcys sornw�e•.t....AppYatio�:
<br /> - Lw�iaid�. Borrower rball oawpy.en�bdl�h.�ud u�e d�e Prap�eny u sae�orver'�principt e�eatAenoe vvlthin�ixty dRy�
<br /> -_ — af�er the eaactWon oi thli Security Iu�tnw�eat ud�btll cootlpue to oa.�►py th�Prope�ty u Harower'�princip�l resWeaoe
<br /> u�
<br /> for�t latt a�e yeu�1ter tba data af acupncy�unlas Lender athetwIre aQrees in wtldn�.which conse�t�holl not be
<br /> unrauo�bly wltlJ�efd�or ndaa exta�u�dn�circurtuvnoa eul�t whZch ars beyaad Bocrower'�caitrol.Horrovrer�fWl not
<br /> :. • ddtcoY.dac�6�a im�i�d�e Pra{�e�tY.dlow the PropeRy w detariaue.or commit w�te an the PtopectY.Borrower dull
<br /> � be ia defwlt iP any focfeiwro ktioa or procaedinQ�whether civil or stimintl.i�bo�un that M Lender's�ood fAith•jud�mcnt
<br /> -- ➢^� ...•_..._ ` could nalt in fodeiwre of the Property or ad�erwiie mMerWly impair tbe liea crated by d�Secu�ity�narument or Y.erder'�
<br /> '�•:,,�,J`�,� '`��, sea�dry latecest.Borrowcr may curo wch a de6ult and rein�t�te.at provided in Pus�r+Ph 18�by cwsinQ the�ctian a
<br /> �..'��s:�.:..:: t i. ,
<br /> � �rnn:�aki'. prooeedia�w be dismfued with�nilin�that,in Leader't Qoud faith daermiru�dor�,pmcluda forfoituro of the Horrower'i
<br /> ��=�.--.-�s..��ri- {��jn tbe PrapeKyr or ather auuerW imp�irmeat of the lien cnated by this Socudty I�utrument or Lender's�ecuriry
<br /> �:'`" �` � inuxe�.Bonower vWl d�o be in dehult if Baruwer.duda�the lan applicadat pnooess.gave m�terLUy fd�e or in�ccurate
<br /> ,;?'�,��:,•-�.�...
<br /> _--_ _W.� __ `'��•� : ir�fom�ion or sutemen►s to Lender(or fitled to provide I.ender with iay msterld informuion)in connocNon with the 1wa _
<br /> ---_- _�'��`-.=...�,���' evldenoed by the Note�iocluding,but not limited w.rep�e:enqtfons conoerning Borrower'a occupu�cy of the Propecty as
<br /> ��• a pdacipRl recideace.If this Secudty Inswmeat ii on a leasehold,Bortower ahall comply with�Il the provisions of tho leaae.
<br /> �'.�:.`��•,_ ,`•�`'�". If Hocrower acquira fa tide to the Property, tLe lwehold and the fa dde sball not mer�e unleu Lender aQras W the
<br /> -- .. . .. -.. � rt�er�er G►writin�.
<br /> - •- - . 7. Pe+ate�tion ot L,eada�'s W�hts in tl�e Property. If Borrower fails to perform the covea�ats�nd agroementc
<br /> ~�' � � �`� c�ontained in this Secudry In�umeat�or there b a k�al proceedin�th�t may al�nificantly affect Lse�der's dghts in the PropertY
<br /> a .��' (wch a a procadia�tn bankruptcy,prob�u,for condemnuion or fodeiture or to enforce lawa or regulttions),then Lender
<br /> may do utid p�y for whatever is nece�sary to protxt the value of the Property and Lender'c dghts in the Proporty Lender's
<br /> r �:�..,, acdons may lnclude psying any sumc cecured by n Ifen whleh has pdodty over this Seeurlry Ic�cuument��ppearing in court, _
<br /> ' paYing reasoaable attorneys'fees w►d entering on the Property to rtwke ropain. AlthooQt►Leader may take Acdon under
<br /> • this pat�Qraph 7,L.ender does not have w do so.
<br /> My amaunts disburaed by Lender under thla P�S�+PI►7 Rhall become addidonal debt of Borrower eecured by thic ---
<br /> Securlty In�trument.Unless Bonower and Lender agra to other urms of pxyment,these amounts shaU bear inurest from E`N_.-
<br /> . ' the date of di�bunement at the Note rau aad tlwU be payable,with interwt,upon nodce from Lender w Borrower reqnatinQ
<br /> wr�nc. __
<br /> 8. Mort�a�e Insurance. If Lender requlred mortgage insurAnce as a condidon of making the lo�n secured by this
<br /> Sxtuiry Instrument.Borrower shall p�y the premiums required to maintain the raortgage L�surance ia offoct. If, for ary =
<br /> reaaon,the moctga�e iiunrarKe coverage required by Lender lapses or cwse�to be in effect,Borrower sh�ll pay the premiur�
<br /> _—..—:_=__.: ..-:-__
<br /> requlred to obtain coven�e substantially oquivalent w the moRgage tasarance prevlously in eftect, at a cat subsuu►tially =
<br /> equivalent to the cost w Horrower ot the mortg�ge insurance previcwsiy in e�ix.�i.uo►a��iternate maiigagc i�urer aPPro-'
<br /> by Lender.If substantl�lly equivalent mortgage insurance coverage!s not Available,Bormwer shall pay to I.ender each month _
<br /> a sum equal to one-twelfth of the yearly mortgage insurance premium being paid by Borrower when the insurance coverage --__
<br /> . lapsed or cwsed to be in effect. Lender wiU accept, use and retain�payments as a loss reserve in Ifeu of mortgage __
<br /> insurance. Losc reserve psrymenu rtwy no longer be nqulred,at the option of Lender,if mortgage inaivance coverage(in
<br /> the amount and for the period that Lender rcquices)provtded by an insurer approved by Lender again becomes available F�'"
<br /> i and is obwined.Borrower shall pay the premiums required to maintain mortgagc insurance in effect,or to provide a loss �C•,•W
<br /> � reserve, unt11 the requirement for mongage insurance ends in accordance with any wrinen agreement between Borrower –•-
<br /> and l.ender or applicablc law. �
<br /> �° 9. Inspection. L.ender or its agent may make reasonable entries upcm and inspections of the Property.Lender shall �, .
<br /> l give Bonower notice at the time of or prior to un inspectiun apecifying reaaonable c�u�e fu� U�e iuspection. �`'`
<br /> �•E 10. Condemtwtion. The prcxeeds of any award or claim fo�damages,direct or consequential,in connection with
<br /> f �
<br /> , � any condemnation or othcr tnkinQ of any part of thc Property,or for conveyance►n lieu of condemnation,are hereby assigned � .
<br /> � and siw11 be paid to Lender. G
<br /> ln the event of a total wking of thc Property,the procceds shali be applied to the sums secured by this Securiry Instrument,
<br /> whetl�er or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property in which the �
<br /> 1 falr m�rket value uf the Property immediately heforc the taking is cqual to or greater than the amount of the sums secured
<br /> by this Security Instrument immediatcly befarc thc taking,unless Borrower and l.ender otherwise agrce in writing,the sums
<br /> � secured by this Security Instrumcnt�hap be reduced by the amount of the proceeds multiplied by the following fraction:
<br /> (a)the total amount oi the sums sccured immediately before the taking,divided by(b)the fair market value of the Property
<br /> 1 immediQtely b�foce the talcing. Any balance shall be paid to Aorrower. In the event of a partial taking of the Prope►ty in
<br /> which the fair markct value of the Property immediatcly before the taking is Iess than thc amount of the sums secured im-
<br /> medis►tely before the t�king,unless Bonower and L.ender otherwise ngree in writing or unless xpplicable Iaw otherwise pro-
<br /> vides,the pra:eeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due.
<br /> If the. Property is abandoned by Borrowcr, or if,aftcr noticc by Lender to Bonower that thc condemnor offcrs to
<br /> � , nwice an award or settle a claim for damages, Borrowcr fails to respond tn L.endcr within 30 days after thc date the notice
<br /> • ; is given,L,ender is authoriud to collect and�pply the proceeds,at its option,either to rcstoration or repair of the Property
<br /> ' , or to the sums secured by this Security Instrument, whethcr or not then due.
<br /> p... I Unless I.endcr and Bonower otherwise agree in writing, any upplication of procecds to principal shall not extend
<br /> , �` or postpone the due date of the monthly payments referred to in p�r�graphs I and 2 or change the amount of such payments.
<br /> ! Il. Bor��ower Not Releas�d; Forbearance By Lender Not y Waiver. Extension of the cimc for puyment or
<br /> � . � modification of amortization of the sums secured by this Security In�trument granted by Lender to any successor in interest
<br /> of Borrower shall not operate to rcicase the liability of thc original Burrower or Borrower's successors in intcrest. Lender
<br /> � � shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or
<br /> � otherwlse modify amortization of the sums saured by this Security in.trument by reason of any demand madc by the original
<br /> • � � Borrower or Borrawer's successors in inte�est. Any forbearunce by Ixnder in exercising any right or remedy shall not be
<br /> � a waiver of or preclude the exercise of any right or remedy.
<br /> _.. �. _. . � �� •__�_�_n_.._.1. �_t..•..�.a C......�..1 i i.A.tIG.,.(`....ei..w..s T{u.�nv�nunte nrvl aorPnmrntc nf
<br /> � _.. 1 li• 7{KiLAl111a ittU tfJJ1�t�,w�twl Jv�u�w���.n•�•�.u•�v•.•��.......�..�.... ...__..._.._...' _""_ ..... .
<br /> � thts Security Instrument�h�ll bind and benefit the successors and assigns of Lender and Bor�owcr,subject to the provisions
<br /> � � of par�graph 17.Borrower's covenants and�greements shall be joint and wveral. Any Bor�ower who co-�igns this Secu�ity
<br /> ' !' Inctrumen¢but daes nut execute the Note: (a)is co-signing thix Serurity Instrument only to mortgage,grant and convey th•rt
<br /> �•
<br /> �� Bonower's intercst in the Property under thc tcrms of this Security Instrument; (b) is not personally ubligatod to pay the
<br /> 1 sums secured by this Security Instruttxnt;and (c)agrees th�t I.ender�nd any other Borrower�t�uy agree to extend, modify,
<br /> i � forbear or make any a:commudntions with regard tu the terms of this Security Instrument ur the Note without that Borrower's
<br /> ' � consent. •
<br /> uwc�own�«.vu � NEBRASKA Fa.� tno r�s�3 0/s ooR�:j
<br /> , �.
<br /> . ...
<br />
|