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<br />200606107 <br /> <br />Loan No: 002003671133 <br /> <br />Deed of Trust, continued <br /> <br />UNIFORM COVENANTS. <br /> <br />Trustor and Lender covenant and agree as follows: <br /> <br />1. PAYMENT OF PRINCIPAL AND INTEREST. Borrower shall promptly pay when due the principal and interest indebtedness <br />evidenced by the Note and late charges as provided in the Note. <br /> <br />2. APPLICATION OF PAYMENTS. Unless applicable law provides otherwise, all payments received by Lender shall be applied <br />by Lender in any order it chooses. <br /> <br />3. PRIOR MORTGAGES AND DEEDS OF TRUST: CHARGES: LIENS. Trustor shall perform all of Trustor's obligations <br />under any mortgage, deed of trust or other security agreement with a lien which has priority over this Deed of Trust, including <br />Trustor's covenants to make payments when due. Trustor shall payor cause to be paid all taxes, assessments and other charges, <br />fines and impositions attributable to the Property which may attain a priority over this Deed of Trust, and leasehold payments or <br />ground rents, if any. <br /> <br />4. HAZARD INSURANCE. Trustor shall keep the improvement now existing or hereafter erected on the Property insured against <br />loss by fire, hazards included within the term "extended coverage," and such other hazard 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 Trustor subject to approval by Lender: provided, that <br />such approval shall not be unreasonably withheld. All insurance policies and renewals thereof shall be in a form acceptable to <br />Lender and shall include a standard mortgagee clause in favor of and in a form acceptable to Lender. Lender shall have the right to <br />hold the policies and renewals thereof, subject to the terms of any mortgage, deed of trust or other security agreement with a lien <br />which has priority over this Deed of Trust. <br />In the event of loss, Trustor shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss <br />if not made promptly by Trustor. <br />If Property is abandoned by Trustor, or if Trustor fails to respond to Lender within 30 days from the date notice is mailed <br />by Lender to Trustor that the insurance carrier offers to settle a claim for insurance benefits, Lender is authorized to collect and <br />apply the insurance proceeds at Lender's option either to restoration or repair of the Property or to the sums secured by this Deed <br />of Trust. <br /> <br />5. PRESERVATION AND MAINTENANCE OF PROPERTY: LEASEHOLDS: CONDOMINIUMS: PLANNED UNIT <br />DEVELOPMENTS. Trustor shall keep the Property in good repair and shall not commit waste or permit impairment or <br />deterioration of the Property and shall comply with the provisions of any lease if this Deed of Trust is on a leasehold. If this Deed <br />of Trust is on a unit in a condominium or a planned unit development, Trustor shall perform all of Trustor's obligations under the <br />declaration or covenants creating or governing the condominium or planned unit development, the by-laws and regulations of the <br />condominium or planned unit development, and constituent documents. <br /> <br />6. PROTECTION OF LENDER'S SECURITY. If Trustor fails to perform the covenants and agreements contained in this Deed <br />of Trust, or if any action or proceeding is commenced which materially affects Lender's interest in the Property, then Lender, at <br />Lender's option, upon notice to Trustor, may make such appearances, disburse such sums, including reasonable attorneys' fees, and <br />take such action as is necessary to protect Lender's interest. If Lender required mortgage insurance as a condition of making the <br />loan secured by this Deed of Trust, Trustor shall pay the premiums required to maintain such insurance in effect until such time as <br />the requirement for such insurance terminates in accordance with Trustor's and Lender's written agreement or applicable law. <br />Any amounts disbursed by Lender pursuant to this paragraph 6, with interest thereon, at the Note rate, shall become <br />additional indebtedness of Trustor secured by this Deed of Trust. Unless Trustor and Lender agree to other terms of payment, such <br />amounts shall be payable upon notice from Lender to Trustor requesting payment thereof. Nothing contained in this paragraph 6 <br />shall require Lender to incur any expense or take any action hereunder. <br /> <br />7. INSPECTION. Lender may make or cause to be made reasonable entries upon and inspections of the Property, provided that <br />Lender shall give Trustor notice prior to any such inspection specifying reasonable.cause therefor related to Lender's interest in the <br />Property . <br /> <br />MB-2590 Fixed Rate Deed of Trust - NebraSka Rev. 06/2005 Page 2 of 6 <br /> <br />CitiMortgage 3.2.0.19 V6 <br /> <br />~14;/ <br />