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01/20/2003
<br />CONRADO ANCHONDO MARlA C ANCRONIt° 200301112
<br />UNIFORM COVENANTS. Borrower and Lender covenant and ago= as follows:
<br />hen due the principal and ;conies[
<br />1. Payment of principal and Interest. Borrower shall promptly PRY
<br />indebtedness evidenced by the Note and late charges as provided in the Note.
<br />2. Funds for Taxes and Insurance. Subject o applicable law or a written waiver by Leader, Borrower a is p shall pay o
<br />Lender on the day monthly payments of Principal and interest are payable under the Note, until the Note is paid in full a
<br />and round rents on the Property, if
<br />sum (herein "Funds ") equal to one - twelfth of the yearly taxes and assessments (including condominium and planned umt
<br />development assessments, if any) which may attain priority over this Decd of Trust, B
<br />any, plus one - twelfth of yearly premium installments for hazard insurance, plus in m yearly premium iadasis
<br />for mortgage insurance, if any, all as reasonably estimated initially and from time to time by Lender on me basis of
<br />rd reasonable estimates thereof. Borrower shall not be obligated to make such payments of Funds
<br />assessments and bills ac
<br />to Lender to the extent that Borrower makes such payments to the holder of a prior mortgage or deed of trust if such holder
<br />I, an institutional lender.
<br />If Borrower pays Funds to Lender, the Funds shall he held in an institution the deposits or accounts l hall Which are
<br />insured or guaranteed by a Federal or state a enec including rmiu and ground rents. tL ialm may noinstitution). harge or sorholding pad
<br />the Funds to pay said taxes, assessments, P
<br />applying the Funds, analyzing said account or versifying and compiling said assessments and bills, d en err pay
<br />and unless
<br />Borrower interest on the Funds and applicable law permits Lender o make such a charge. Borrower and Lender[ may agree
<br />Lender shall not be required to pay Borrower
<br />in writing at the time of execution of this Deed of Trost that interest on the Funds shall he paitl to Borrower,
<br />such agreement is made or applicable law requires such interest ro be paid,
<br />any interest or earnings on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Fluids
<br />allowing credits and debits to the Funtls and the purpose for which each debit to the Funds was made. The Funds are
<br />pledged as additional security for the sums secured by this Deed of Trost.
<br />If the amount of the Funds held by Lender, together with the future mon[hlY installments of Funds payable prior to
<br />the due dates of taxes, assessments, insurance premiums and ground rents, shall exceed the amount required to pay said
<br />taxes, assessments, in premiums and ground rents as they Elul due, such excess shall be, at Borrower's option,
<br />either promptly repaid to Borrower or credited to Borrower on monnsurance P puma ddgroud rents as they tufali due,
<br />held by Lender shall not be sufficient to pay taxes, assessments,
<br />Borrower shall pay o Leder any amount necessary to make up the deficiency ht one or more payments as Lender may
<br />require.
<br />Upon payment in full of all sums secured by this Deed of Trust, Lender shall promptly refuel to Borrower any Funds
<br />held
<br />hall ap�ndno under paragraph
<br />immediately Prior to the sale of tile (Property or itsracqu sit on by Under, Fluids held by
<br />Lender at the time of application as a credit against the sums secured by this Deed l payments received by Lender under the
<br />3, Application of Payments. Unless applicable law provides otherwise, p y
<br />Nate and paragraphs 1 and 2 listen[ shall be applied by Lender firs[ in payment of amounts payable to LL
<br />by Borrower
<br />under paragraph 2 hereof, then to interest payable on the Note, and then to the principal of me Note.
<br />q. Prior Mortgages and Deeds of Trust; Charges; Liens. Borrower shall perform all of Borrower's obligations
<br />under any mortgage, deed of =at or other security agreement with a lien which has priority over this Deed of 'Final,
<br />including Borrower's covenents when due. Borrower shall pay or cause to be paid all taxes, assessment
<br />ants to make paym
<br />and other charges, Cities and impositions attributable to the Property which may attain a priority over this Deed of Trust,
<br />and leasehold payments or ground rents, if any. hereafter
<br />5. Hazard Insurance. Borrower shall keep the improvements now existing sold such otherrhazardsrasLederr may
<br />insured against loss by fire, hazards included within the term "extended coverage ".
<br />require acrd in such 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,
<br />acceptable n oo or e Lender
<br />that mro not beunreasonably insurance and n a form to Le de
<br />ble ro der and shall include a standard mrgagdansefavof
<br />mortgage, deed of trust or other
<br />shall have the right to hold the policies and renewals thereof, subject to the terms of any
<br />security agreement with a lien which has 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
<br />Of loss 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
<br />,
<br />notice is mailed by fender o Borrower that the insurance carrier offers to settle a claim for insurance benefits, finder is
<br />authorized to collect and apply the insurance Proceeds at Lender's option either to restoration or repair of the Property or
<br />to the sums secured by this Deed of Trust.
<br />6. Preservation and Maintenance of Properly; Leaseholds; Condor permiti Planned Unit Developments.
<br />f
<br />Borrower loll keep the property in
<br />the pmvaswns it
<br />of anyslease f this eed oflTmst stun a leasehold` If the. Deed of Trust not commit Property Borrower shall perform all of Borrower's obligations under the
<br />on a unit m a condominium or a plumed unit development, the b laws and regulations
<br />declaration or covenants creating or governing the condominium or planned unit development, by-
<br />the condominium or planned unit development, and constituent documents,
<br />rrower fails to perform the covenants and agreements c
<br />7. Protection of Lender's Security. If Bo ontained in this
<br />Deed of Trost, or if any action or proceeding is co appearances, disburse such Burns, including
<br />mmenced which materially affects Lender's interest in the Property ten
<br />Lender, at Lender's option, upon notice to Borrower, may make such
<br />reasonable attomeys' fees, mid take such action as is necessary to Protect Lender's interest If Lender required mortgage
<br />maintain such condition
<br />mmance in making fect until suchs time as the h requirement nt fort such insurance ltermi ate pr tacnrdance with
<br />Borrower's and Uder's written agreement or applicable law. at the Note rate, shall become
<br />Any amounts disbursed by Lender pursuant to this paragraph 7, with interest thereon,
<br />additional indebtedness of Borrower secured by this Deed of'pmst. Unless Borrower and Lender ago"
<br />Payment ill
<br />payment, terms
<br />Nothing to
<br />payment, such amounts shall be payable upon notice from Biomes to
<br />or take Borrower
<br />action requesting ereunder.
<br />contained in this paragraph 7 shall require Lender to incur any p
<br />S. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property,
<br />provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related to
<br />Lender's interest in the Property.
<br />Nebraska 268764 1/98 Original(ROOOrded) COpy(Hranoh) Copy(CUatoner)
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