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<br /> - - " -�"�' -- , A� wed in 9d�Securlty Inrteu� '8ee�et�rY"se�eti tLs 8ecr�tary oP Hot�tag ao�U�n Devdvpment or E�S c+��t�lwi�wr.
<br />' �{'�f� In t�y year�n�►&ic�s the I�!nder mtut pny a moitgs,�e iaut�noa piar�ium W the Sectetsry.e�cm aontblY Pryiomt iMU�l�o ixl�de
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<br /> ,�„�:....- dthor: (i) aa ia�Umest of t6e�a�ul aw�t�e iawranae pras�ium to be pid by I�eader b t6e SecnWuty�or(ii)�eoei�lY c�r�e
<br /> '�'�"""1� inM�d of a �oet�g+ iaeu�aoos pnooiun !f t�s Sa;udty 1n�truaiat ii1b16 by Ibe Secretary. B�cL moNl�ly in�llr�eas otd�e
<br /> , ;.�1�,f'�:s.•,r:;, ��0 �O�fppO Qfp,�Jm 1�a11 6O 1R � �oYdt �U�dOf►t to �1�11lt0(b0 EWl�oRit�l IIfO1tj�0�f0lM00 p[OditQ1 WllS —
<br /> �� ; ., .. 3rader ae �oa�ib pebr b t� dMe �e t�ll��1 ��e iawm�e Pte�um 4'6ne w da Searohq►.or i!t�Seaa[tq
<br /> . � . :,'"•''E. L►attuaieat is bei�by t� 8ecrataey� e�rb mmebir ob�e�e �tWl 6e in ae amoeat equd to aa�twdRh ot aerldt penait oitl�
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<br /> . . • yy,_ �iii08 6Zit0 Oa{�'i3�CiO. _
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<br /> ' 1f 8ornaw�r teoaer. w La.aer the ti�u pymmt ot,at aw�ee�aue�by tbi.securtty rn�wment�Bon�w�x/�u�t�6.0 be
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<br /> � �. ;�� o,�eattea Wdth me erl�noe no�nini for+ll��t�c•�.�). �co�aed.ay m�tp�e tnwrmce pnmiwn ia�tdimene --=_-,-----
<br /> �'�``'" ��� dut I.eoder 6�s e�ot became obli�+sed W py to the 8ecrawry�aod Leoder�Wll pr�mpd9�ti�md�nY excen tirod�W Hoero��. �-__
<br /> , ��. .�� , lmmedi�te�Y Pdot to a toeoclaum ale of t6e Propaty or iq au{uiaittan by L�eakr•Bormwer9 acoa►nt�ba116e eredIted w[ttr my �.:,�;;�::�,---
<br /> . � + b�l�t►Ce rem�iotn8 for all io�11�0euh fot itomr(�)►(bA�nd(o)• �•r
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<br /> .;'�� �' "' 3.Applk�tloe nf A�,yn�.AU p�ymenta uader pnn�rapbe 1�nd 2�II be�pplted by Leoder aa follows: ��
<br /> `� ' ' �id,p�W tbe moit�e inar�ooe p�atum to be ptd by Laoder to tbe Seccehry vr to tbe monthly chu�e by the SxsrurY in�e�d -'� ""'�.,r�='°_''�=-=�_-
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<br /> ��. . , of t6a montWY m�M�inza=�cx'°premiu�; '�°�::=-_
<br /> .. Secacid, w wy taxas. �pecl�l +�ts� le�eeiwld paymeata ot �round rente� �od tire.flood wd other 6�d insur�ncb ,
<br /> Premtum�•asroqutrod; , ��'�-�-'
<br /> _... 'Ibi�d,w lntas+eot dne under the Note�; f.:t��---
<br /> __=---�=_.,.—.:.=.'--= _
<br /> Fou�h�to tnwetlatioa of!he princllpl of the Note; --_ -� _-
<br /> ,. �to Iste cbnrgas due wider the 1Vote. �
<br /> , �, �, �woa ,�a orn� �a r,�n�. so�� �u � .0 ���� on �r�cy.�,�►� . �::�—
<br /> ,� eaisteoee or aubseqt�eatly erected. aS�inst anY l�wtde� ctsu�ltles. md cantingeaoias.inaludiu�flte.fos which Lendar requie�ee
<br /> -- i�tta�e. ZLie insuance shsU be maint�ined ia the smouats ond for the perloda that Lender nquirea. BotroWet tslttll aleo iosu�e . .. ,{y`��_—
<br /> �ll improvements ca tl� Prope:ty�wl�ether now In e�cisWtee or eubseq�ently ereeted.R�+inet loss by tloods to tbe extoot tequieed , -�—
<br /> . by the 3ec�ewY. All insurmca et�sU beearrled with comppates approved by Leader. 'Ibe insunnce poltcies�ad my eeoaw�ts ehdt ._•..—:°
<br /> ' be 6eld by LRader�nd�haU inclttde loss payable clauses in fi►vor of.aad ta s fotm�ccqxable to�Lendet. --
<br /> .,. 1a the avant of laea�Borrow�eLtU aive Leoder immediate aotice by mail. Lanaer may mske proof of la�s if not m�de prompWY ' . �
<br /> - --_=___—_____ by Bo:mwer. B�c6 insur�noo comp�nY oon�xmed is hemby susho�d aod diracted to mdce paya�ont for such loea directly to _ _ . - �
<br /> 0o xme
<br /> Lender, instad of to Borrowar �cd to Lend�u jointly. All or any p�t of We instmmca procaeda m�y ba applled by Leader.�t iis • ,
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<br /> . optlon. eitber (a) to the nducNon of tha indebtedaess under the Note�nd thls Security Ieshumeat,R�st w aay delinquent�mouats �� ,�� _ . .
<br /> °p . �';:
<br /> . applled in tbe o�der in ptr�gtaph 3. and tl� to Pre�wYmant of priaelpal, ur (b)W the restor�tlon or repait of the dROm�ed • , .,
<br /> ,. �Y• �►Y aPPUcuioa of tbe pmceede to We p�acipsl etull not entend or postpone the due drta of tha montblY WY�ts whicb , �j
<br /> • w in 2,or c6aa e the waw►t of w�cb psymaate. Any excess iosur�ace proceeds over�a�nwuat roq�ired w , ��'
<br /> •t�e teferred Pan�raPh $
<br /> . WY sll outstand3ng indebtedness under tbe Note uid Wis 3ecudty Inetrumeat s6aU ba patd w the eatlty lagally eutItled thereto. �:-�,
<br /> In tbe aveat of foroclosute of Wis Seoudty T�atrumeat or other trausfor of tltle to the Propesty tbat extinguishes tbe indeb;edaess, ✓
<br /> all r�ght�tttle md fataest of Borrower in�ad W tnsuranee policies ia force s6aU pasa to tho pu�scdwser.
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<br /> �� S. Ooc�tp�ncY. Prraerv�tBon. Maintananae And Protec�on of t6e Pmpe�ty;Borrower's Loaa Applic�oni Latsebo�ds- � :�<. .
<br /> ` Bonowar e�ll occupy. establieh� md usa the Pmperty as Borrowec'e prinetppl resideace wltbin ei�ty dnys aRer the exeeutIoa of � - °�:�flf��_�
<br /> � � this Seatdty Inshument u►d ehaU continae to occupy the Ptopatty as Borrower's pr�ncipd resideace for at le�st one year�ttet the -''�%��;''
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<br /> � date of occupancy� unlese the Secrr,mry detemiines this requIremeat wUl awse uadue�rdship for Borrower�or ualess e�ctenwdng . ,., • �.,
<br /> . circumshnces exist whic6 are beyond Bonower's ooatrol. Borrower elwll aotify Leaders of any exteaustla8 citcums�. , •�►°<
<br /> Bortower shill aot commit waste or destroy� damsge or eubs�aati�lly change the Property or Wlow the Property w deteiiotato� .
<br /> i:� •
<br /> t�e�sonable wear aad tear axcepted. Leader may inspect t6e Property if tha Property ie vicant or abaadoaed ot the loan is ie '' �
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<br /> defiul� I.eader a�y take reasonable action to pmtect and preserve such vacaat ur abaudoned Prope�ty. Borrower eiWl dso be in ; . . _,��
<br /> defiult if Borrower�duriag the loaa applieation proecss,gave materially false or inaccurate information or etatemeats to Lmder(or � � ,
<br /> fatled W pmvlde L,ender with any �teri�l iafora�tIon) in connecNon with the loan evldeaced by the Note.including,but not '�:
<br /> limitecl to, representatlons conc�aing Borrowec's occupaacy of the Propecty as a principsl resideace. If thls Security lnsttumeat is .
<br /> on a 1eos�hold, Borrower s1�W1 comply with We provisiona of the lease. If Bortower acquires fee title to the Property.tbe lansehold :
<br /> and fea dtle a6W1 aot be morged unloss I.eader agrees to the merger in writing. . ?•:
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<br /> 6. CbArges to Borrowcr and Y�rotedion of Lend�'s Rights ia the PropertY. Borrower shaA pay ali governmeaW or ;
<br /> = municlpal ct�uges.finos iwd tmposido�that are aot iaciuded in paragrapb 2. Borrower shall pay these obligations on time diractly .
<br /> � to the enttty whtch is owed the paymeat. If fiilure to pay would adversely affect Leader's intecBat in tho Property,upon Leader's ;
<br /> roquest Borrower ebaU promptly fi�mish to Leader receipts evideecing these paymenta. ,
<br /> . � If Bomower fails to mnke theso paymente or the paymeats required bY P�6�Pb 2�or faile to perfotm aay other coveaeats and
<br /> ; agroements coatained in this Secwity Instrumont,or there is a legal proceeding that may aigaificantly affect L�ader's tlg6ts in the
<br /> pmperty (such as a proceeding in banicn�ptcy, for condema4tion or to enforce lawa or regwations),thea Leader may do ond psy ..
<br /> w,h�te�et ;s necessary to pxotsct the value of the Property aad Lender's rights in We Property,including puymeat of taxes,berard ,,�.
<br /> insurance aaid oWer itema meationed in pxrs�graph 2. ,
<br /> .. , pny amounts dIsbursod by Lender under this pa�agraph shall became an addition�l debt of Borrower and be secured by tbIa
<br /> ^ � Security InRhumeat. T6ese amounta sLaU bear ir�terest from t!►e date of disburscmeat. at the Note mte.eaa at me opaon oi i.ead�r. -
<br /> shaU be immodiately due aad psyable.
<br /> i . 7. Condtmewdon 'ILe proceads of any award or claim for dam�gas, direct or consoquentiat, ia conaectton witb aay v
<br /> : �'t. oondemnstion or other takiag of any part of t}re Property,or fot convoyaaca ia place of condemnation��ue 6ereby essigned and �
<br /> y sho11 be pald to Leader to the exteat of t6e full wnouat of th9 indebtednesa that remaius ttnpsid under the Nofe�nd this Securicy
<br /> , �. �� Insaumeat. Leader sholl�ppiy such pmceeds to the reduction of the indebtedness uader the TVote and tbis Security Inshument,first '
<br /> ' ` to �oy delinqueat ama�unts �pplIed in the order provided in paragrep6 3,and thea to Pm�paYa�eat of principal. Any appUcation of .
<br /> ' � the prooeada to the principW shatl not e�etead or postpoae We dua date of the monthly paymente,which are refemed to iu pAragraph
<br /> .� 2�or chmge the amount of sucb payments. Any excess proceacie over u� aawuat requicad to pay alt outstanding indebsedaess under
<br /> `. the Note and t6is Security Inshument shall be p�id to the eatiry legAlly eadtled ther�to
<br /> Page 2 of 4 y,1 )" FlIA Nebratita Deed ot Trust•2/91 .
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